Touchstone
Last syncOct 31, 2026, 6:54 PM ET

WMS

Advanced Drainage Systems, Inc. Materials Plastics Foam Products Russell 3000
$135.43Close $9.8BMarket cap $125.19 – $174.6952-week range Nov 5, 2026Next report · before the open

Highlights

Cautions

  • Not in an uptrend 2 of 8 trend conditions
  • Lagging the market RS 32 · weaker than 68% of stocks over 12 months
  • Results soon Nov 5, 2026, in 4 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Mar 31, 2026 · filed Aug 6, 2026
Off 12-month high 22%
1wk up 3.9% price change
1mo up 6.9% price change
12-month return down 2% market up 11% · its own down 13%
F-score 4 / 9 Weak
Altman Z 4.22 Low risk
P/E 22.9× price / earnings
PEG — P/E / EPS growth
P/B 5.3× price / book
Earnings yield up 5.5% EBIT / enterprise value
Cheaper than 59% of the market · around average
Revenue growth up 5% year on year
EPS growth up 19% latest quarter · +75 pts
Sales growth up 21% latest quarter · +11 pts
ROE up 25% return on equity
Free cash margin up 19% $569.3M FCF
D/E 0.86 long-term debt / equity
Net debt / EBITDA 1.7×
Interest cover —EBIT / interest
Piotroski tests
  • profitability slipped from last year
  • took on more long-term debt
  • short-term liquidity weakened
  • issued more shares
  • assets working less efficiently
  • profitable on its assets
  • generating cash from operations
  • profits backed by cash
  • gross margin widened

Trade setup

ATR% 2.7% $3.67 a day · 2×ATR $128.09
RS 32 / 99 vs the universe
Trend 2 / 8 trend template
Relative volume 0.8× vs 50-day average
Up/down volume 0.99 50 sessions
Implied move — no option chain · report Nov 5, 2026
Trend template · 2 of 8
  • Price above the 50-day average: passes
  • Within 25% of the 52-week high: passes

Screen verdict

Did not qualify for any screen.

Warning signs

none flagged
  • No restatement or impairment
  • Equity positive
  • Interest covered
  • No material dilution
  • Profits tracking cash
  • Margins and revenue not shrinking
Last reported Aug 6, 2026
Results reaction Aug 6, 2026-4% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $3.1B +5% on FY2025
$0 $5B FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · $2.0B FY2022 · $2.8B FY2023 · $3.1B FY2024 · $2.9B FY2025 · $2.9B FY2026 · $3.1B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $429.0M -5% on FY2025
$0 $1B FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · $224.2M FY2022 · $275.0M FY2023 · $511.0M FY2024 · $513.0M FY2025 · $453.0M FY2026 · $429.0M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $569.3M +54% on FY2025
$0 $1B FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · $373.5M FY2022 · $125.8M FY2023 · $540.9M FY2024 · $534.1M FY2025 · $368.5M FY2026 · $569.3M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 38%
  • Net 14%
  • Free cash 19%
0% 50% FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · Gross 35% · Net 11% · Free cash 19% FY2022 · Gross 29% · Net 10% · Free cash 5% FY2023 · Gross 36% · Net 17% · Free cash 18% FY2024 · Gross 40% · Net 18% · Free cash 19% FY2025 · Gross 38% · Net 16% · Free cash 13% FY2026 · Gross 38% · Net 14% · Free cash 19%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $1.4B net debt
  • Cash
  • Long-term debt
$0 $2B FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · Cash $195.0M · Long-term debt $782.2M FY2022 · Cash $20.1M · Long-term debt $908.7M FY2023 · Cash $217.1M · Long-term debt $1.3B FY2024 · Cash $490.2M · Long-term debt $1.3B FY2025 · Cash $463.3M · Long-term debt $1.3B FY2026 · Cash $223.0M · Long-term debt $1.6B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 72.65m +1.5% since FY2021
72.65m 69.52m FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · 71.57m FY2022 · 72.31m FY2023 · 69.52m FY2024 · 70.87m FY2025 · 71.86m FY2026 · 72.65m
  FY2021Mar 31, 2021 FY2022Mar 31, 2022 FY2023Mar 31, 2023 FY2024Mar 31, 2024 FY2025Mar 31, 2025 FY2026Mar 31, 2026
Revenue $2.0B $2.8B $3.1B $2.9B $2.9B $3.1B
Gross margin 35% 29% 36% 40% 38% 38%
Operating income $344.5M $411.9M $719.3M $732.1M $657.4M $619.2M
Net income $224.2M $275.0M $511.0M $513.0M $453.0M $429.0M
Net margin 11% 10% 17% 18% 16% 14%
Earnings per share $3.13 $3.77 $6.13 $6.49 $5.79 $5.47
Free cash flow $373.5M $125.8M $540.9M $534.1M $368.5M $569.3M
Free cash margin 19% 5% 18% 19% 13% 19%
Cash $195.0M $20.1M $217.1M $490.2M $463.3M $223.0M
Long-term debt $782.2M $908.7M $1.3B $1.3B $1.3B $1.6B
Shareholders' equity $819.8M $893.0M $824.1M $1.2B $1.5B $1.9B
Shares outstanding 71.57m 72.31m 69.52m 70.87m 71.86m 72.65m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 6, 2026 Quarterly ↗ Jun 30, 2026 37d
May 21, 2026 Annual ↗ Mar 31, 2026 51d
Feb 5, 2026 Quarterly ↗ Dec 31, 2025 36d
Nov 6, 2025 Quarterly ↗ Sep 30, 2025 37d
Aug 7, 2025 Quarterly ↗ Jun 30, 2025 38d
May 15, 2025 Annual ↗ Mar 31, 2025 45d
Feb 6, 2025 Quarterly ↗ Dec 31, 2024 37d
Nov 8, 2024 Quarterly ↗ Sep 30, 2024 39d
Aug 8, 2024 Quarterly ↗ Jun 30, 2024 39d
May 16, 2024 Annual ↗ Mar 31, 2024 46d
Feb 8, 2024 Quarterly ↗ Dec 31, 2023 39d
Nov 2, 2023 Quarterly ↗ Sep 30, 2023 33d

Current reports

FiledDisclosed
Oct 5, 2026 Material agreement · Regulation FD ↗
Aug 6, 2026 Results · Regulation FD · Other events ↗
Jul 16, 2026 Shareholder vote ↗
Jun 18, 2026 Regulation FD ↗
May 21, 2026 Regulation FD ↗
May 21, 2026 Results · Regulation FD · Other events ↗
Feb 27, 2026 Material agreement · New obligation · Regulation FD ↗
Feb 12, 2026 Regulation FD ↗
Feb 12, 2026 Regulation FD ↗
Feb 5, 2026 Results · Regulation FD · Other events ↗
Feb 2, 2026 Acquisition or disposal · Regulation FD ↗
Nov 6, 2025 Results · Regulation FD · Other events ↗