Advanced Drainage Systems, Inc. (WMS)
| Market Cap | 11.83B |
| Revenue (ttm) | 3.05B |
| Net Income (ttm) | 426.47M |
| Shares Out | 76.60M |
| EPS (ttm) | 5.44 |
| PE Ratio | 28.42 |
| Forward PE | 24.03 |
| Dividend | $0.72 (0.47%) |
| Ex-Dividend Date | Jun 1, 2026 |
| Volume | 1,323,231 |
| Open | 153.96 |
| Previous Close | 155.26 |
| Day's Range | 151.84 - 155.92 |
| 52-Week Range | 109.63 - 179.32 |
| Beta | 1.29 |
| Analysts | Strong Buy |
| Price Target | 181.20 (+17.28%) |
| Earnings Date | Aug 6, 2026 |
About WMS
Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products in the United States, Canada, and internationally. The company operates through Stormwater and Wastewater segments. The company offers single, double, and triple wall corrugated polypropylene and polyethylene pipes; plastic leachfield chambers and systems; EZflow synthetic aggregate bundles; wastewater purification through mechanical aeration wastewater; septic tanks and accessories; combined treatment and disp... [Read more]
Financial Performance
In fiscal year 2026, Advanced Drainage Systems's revenue was $3.05 billion, an increase of 5.03% compared to the previous year's $2.90 billion. Earnings were $426.47 million, a decrease of -5.27%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for WMS stock is "Strong Buy." The 12-month stock price target is $181.2, which is an increase of 17.28% from the latest price.
News
Advanced Drainage Systems Transcript: Investor Day 2026
The company outlined a strategy centered on water-focused growth, innovation, and operational excellence, targeting >8% organic CAGR and >$1.2B EBITDA by FY30. Major investments in automation, new products, and acquisitions like NDS and Orenco are expected to drive resilience and shareholder value, with a disciplined approach to capital allocation and M&A.
Advanced Drainage Systems Slides: FY 2026
Advanced Drainage Systems has posted slides in relation to its FY 2026 quarterly earnings report, which was published on June 18, 2026.
Advanced Drainage Systems Hosts 2026 Investor Day
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite wastewater management products and solutions for ...
Epicor Indago Warehouse Management System Achieves Certified Integration with Karmak Fusion
AUSTIN, Texas--(BUSINESS WIRE)--Epicor, a global leader in industry-specific enterprise software, today announced that its Epicor Indago™ Warehouse Management System (WMS) has achieved certified integ...
Advanced Drainage initiated with a Buy at Jefferies
Jefferies analyst James Ko initiated coverage of Advanced Drainage (WMS) with a Buy rating and $175 price target The company trades at a 10% discount to some peers despite higher…
Advanced Drainage price target raised to $170 from $168 at RBC Capital
RBC Capital raised the firm’s price target on Advanced Drainage (WMS) to $170 from $168 and keeps an Outperform rating on the shares. The management’s Investor Day on June 18…
Advanced Drainage Systems Proxy statement: Proxy filing
Advanced Drainage Systems filed a proxy statement on June 3, 2026, providing details for shareholder voting and corporate governance matters.
Advanced Drainage Systems Proxy statement: Proxy filing
Advanced Drainage Systems filed a proxy statement on June 3, 2026, providing details for shareholder voting and corporate governance matters.
Advanced Drainage upgraded to Overweight at Stephens on ‘attractive set-up’
As previously reported, Stephens upgraded Advanced Drainage (WMS) to Overweight from Equal Weight with a price target of $175, down from $190. Advanced has “a history of guiding volume conservatively,...
Advanced Drainage upgraded to Overweight from Equal Weight at Stephens
Stephens upgraded Advanced Drainage (WMS) to Overweight from Equal Weight with a price target of $175, down from $190.
Advanced Drainage price target lowered to $190 from $195 at Oppenheimer
Oppenheimer lowered the firm’s price target on Advanced Drainage (WMS) to $190 from $195 and keeps an Outperform rating on the shares. Despite a solid Q4 print and constructive FY27…
Advanced Drainage price target lowered to $205 from $215 at UBS
UBS lowered the firm’s price target on Advanced Drainage (WMS) to $205 from $215 and keeps a Buy rating on the shares.
Advanced Drainage price target lowered to $185 from $198 at KeyBanc
KeyBanc analyst Jeffrey Hammond lowered the firm’s price target on Advanced Drainage (WMS) to $185 from $198 on lower estimates and keeps an Overweight rating on the shares following quarterly…
Advanced Drainage Systems Earnings Call Transcript: Q4 2026
Strong fiscal 2026 results driven by diversified growth, robust free cash flow, and successful NDS integration. Fiscal 2027 guidance anticipates flat to modest growth amid inflationary pressures, with continued margin resilience and capital deployment for growth and shareholder returns.
Advanced Drainage Systems Slides: Q4 2026
Advanced Drainage Systems has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on May 21, 2026.
Advanced Drainage Systems Earnings release: Q4 2026
Advanced Drainage Systems released its Q4 2026 earnings on May 21, 2026, summarizing the period's financial results.
Advanced Drainage Systems Annual report: Q4 2026
Advanced Drainage Systems has published its Q4 2026 annual report on May 21, 2026.
Advanced Drainage Systems Annual report: Q4 2026
Advanced Drainage Systems has published its Q4 2026 annual report on May 21, 2026.
Advanced Drainage raises quarterly dividend 11% to 20c per share
Advanced Drainage (WMS) Systems announced that its Board of Directors has approved a total annual cash dividend to its shareholders in the amount of 80c per share, an 11% increase…
Advanced Drainage Systems Announces Increase in Quarterly Cash Dividend
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and onsite wastewat...
Advanced Drainage Systems Announces Fourth Quarter and Fiscal Year 2026 Results
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) ("ADS" or the "Company"), a leading provider of innovative water management solutions in the stormwater and wastewater indu...
Advanced Drainage Systems Announces Fourth Quarter and Fiscal Year 2026 Results Conference Call and 2026 Investor Day
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite wastewater management products and solutions for ...
Advanced Drainage price target lowered to $195 from $200 at Oppenheimer
Oppenheimer analyst Bryan Blair lowered the firm’s price target on Advanced Drainage (WMS) to $195 from $200 and keeps an Outperform rating on the shares. The firm believes recent Advanced…
Advanced Drainage price target lowered to $181 from $198 at Barclays
Barclays lowered the firm’s price target on Advanced Drainage (WMS) to $181 from $198 and keeps an Overweight rating on the shares. The firm adjusted targets in the homebuilding and…
Advanced Drainage Systems Announces Pricing of $500 Million of 5.375% Senior Notes Due 2034
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite wastewat...