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ADVANCED DRAINAGE SYSTEMS, INC. WMS

NYSE · stock · Plastics Foam Products · website · IPO 2014-07-25 · LEI

ADVANCED DRAINAGE SYSTEMS, INC. statistics & valuation

Market cap$11.0B
P / E25.7×
P / S3.6×
P / B5.8×
P / FCF19.3×
Dividend yield0.51%
Net margin14.0%
Return on equity22.7%
FCF margin18.7%
Net debt$1.4B
Net debt / EBITDA1.7×
Enterprise value USD$12.4B
EV / EBITDA14.8×
Earnings yield EBIT/EV5%
Return on capital15.5%
Graham number -61.4%$54.22

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($54.22); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
4.90% 4.70% 5.60% -11.50% 11.30% 9.80% 16.50% 17.70% 15.50% 14.00% 2017201820192020202120222023202420252026
Gross margin (%)
23.50% 22.70% 23.60% 18.90% 34.80% 28.90% 36.40% 39.90% 37.70% 38.30% 2017201820192020202120222023202420252026
Operating margin (%)
6.10% 6.60% 9.30% -5.70% 17.40% 14.90% 23.40% 25.50% 22.60% 20.30% 2017201820192020202120222023202420252026
Return on equity (%)
26.10% 19.10% 19.50% -35.90% 26.90% 29.80% 60.20% 43.50% 29.20% 22.70% 2017201820192020202120222023202420252026
Shares outstanding
56.3M 56.5M 57.6M 69.3M 71.6M 72.9M 83.3M 79.0M 78.2M 78.4M 2017201820192020202120222023202420252026
Net debt ($)
$343.9M $283.2M $227.9M $925.5M $596.2M $909.7M $1.08B $791.0M $805.9M $1.41B 2017201820192020202120222023202420252026
Share buybacks ($)
2017201820192020202120222023202420252026
Return on assets (%)
5.90% 5.90% 7.50% -8.20% 9.30% 10.20% 17.50% 15.60% 12.20% 9.50% 2017201820192020202120222023202420252026
Free cash flow margin (%)
4.60% 7.20% 7.80% 14.20% 18.80% 4.50% 17.60% 18.60% 12.70% 18.70% 2017201820192020202120222023202420252026
Debt / equity (×)
1.47× 0.93× 0.59× 2.05× 0.95× 1.02× 1.54× 1.09× 0.82× 0.87× 2017201820192020202120222023202420252026
EPS ($)
$0.99 $0.99 $1.22 -$3.21 $2.59 $3.15 $6.08 $6.45 $5.76 $5.44 2017201820192020202120222023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

ADVANCED DRAINAGE SYSTEMS, INC. trades at about 25.8× earnings — near its 10-year norm (10-year range 14.1×–59.3×, median 25.5×).

14.1× 59.3×

Shaded band = 10-year range (14.1×–59.3×); dot = today's 25.8×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Gross margin38.3%37.7%39.9%36.4%28.9%34.8%18.9%23.6%22.7%23.5%
Operating margin20.3%22.6%25.5%23.4%14.9%17.4%-5.7%9.3%6.6%6.1%
Net margin14.0%15.5%17.7%16.5%9.8%11.3%-11.5%5.6%4.7%4.9%
FCF margin18.7%12.7%18.6%17.6%4.5%18.8%14.2%7.8%7.2%4.6%
Return on assets9.5%12.2%15.6%17.5%10.2%9.3%-8.2%7.5%5.9%5.9%
Return on equity22.7%29.2%43.5%60.2%29.8%26.9%-35.9%19.5%19.1%26.1%
Debt / equity0.87×0.82×1.09×1.54×1.02×0.95×2.05×0.59×0.93×1.47×
Current ratio2.423.332.962.692.232.332.802.262.071.72

Computed from company filings · US · as of 2026-03-31. Facts plus Stocktoria's own computed scores — not investment advice.