WMS - Advanced Drainage Systems, Inc.
Price:
--
--
|
CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$187.88
DETAILS
HIGH:
$205.00
LOW:
$170.00
MEDIAN:
$187.50
CONSENSUS:
$187.88
UPSIDE:
26.03%
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||
| Revenue | 3,050.4 | 2,904.2 | 2,874.5 | 3,071.1 | 2,769.3 | 1,982.8 | 1,673.8 | 1,384.7 | 1,330.4 | 1,257.3 | 1,289.5 | 1,177.8 | 1,069.0 | 1,017.1 | 1,013.8 | 863.1 |
| Cost of Revenue | 1,942.8 | 1,810.0 | 1,728.5 | 1,952.7 | 1,968.9 | 1,292.7 | 1,176.3 | 1,057.8 | 1,027.9 | 961.5 | 1,008.8 | 935.5 | 856.1 | 829.1 | 818.4 | 699.5 |
| Gross Profit | 1,107.5 | 1,094.2 | 1,145.9 | 1,118.4 | 800.4 | 690.1 | 497.5 | 327.0 | 302.5 | 295.8 | 280.7 | 242.3 | 212.9 | 188.0 | 195.4 | 163.7 |
| Operating Expenses | ||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.7 | 2.2 | 3.4 | 3.9 | 3.5 | 3.3 | 3.5 | 0 | 0 |
| SG&A Expenses | 469.5 | 380.4 | 370.7 | 339.5 | 321.1 | 267.6 | 271.1 | 186.0 | 191.2 | 202.4 | 188.6 | 157.0 | 153.5 | 121.4 | 133.6 | 124.1 |
| Other Expenses | (48.7) | 56.4 | 43.1 | 59.6 | 67.4 | 78.0 | 321.8 | 7.9 | 8.1 | 8.5 | 9.2 | (12.8) | (0.1) | (0.1) | (2.4) | 0 |
| Operating Expenses | 420.8 | 436.8 | 413.8 | 399.1 | 388.5 | 345.6 | 592.9 | 193.9 | 199.2 | 211.0 | 197.8 | 167.2 | 164.9 | 131.4 | 144.9 | 124.1 |
| Operating Income | ||||||||||||||||
| Operating Income | 686.7 | 657.4 | 732.1 | 719.3 | 411.9 | 344.5 | (95.3) | 129.4 | 88.3 | 76.3 | 82.1 | 75.9 | 53.3 | 57.5 | 95.1 | 39.6 |
| Interest Expense | 93.8 | 91.8 | 88.9 | 70.2 | 33.5 | 35.7 | 82.7 | 18.6 | 15.3 | 17.5 | 18.5 | 19.4 | 18.8 | 18.5 | 21.8 | 27.1 |
| Interest Income | 25 | 23.5 | 22.0 | 9.8 | 0.1 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||
| EBITDA | 872.5 | 864.5 | 910.5 | 872.4 | 558.9 | 493.5 | 281.8 | 202.1 | 167.2 | 154.7 | 92.1 | 89.8 | 113.2 | 120.5 | 147.8 | 95.6 |
| EBIT | 658.7 | 681.3 | 755.6 | 727.3 | 417.1 | 347.9 | 169.4 | 130.2 | 92.2 | 82.3 | 77.8 | 24.3 | 52.6 | 57.4 | 92.6 | 39.8 |
| Income Before Tax | 564.9 | 593.6 | 672.3 | 661.9 | 385.1 | 312.3 | (177.7) | 111.6 | 76.9 | 64.8 | 46.5 | 46.5 | 37.0 | 38.8 | 70.8 | 12.7 |
| Income Tax Expense | 135.0 | 141.1 | 159.0 | 150.6 | 110.1 | 86.4 | 14.1 | 30.0 | 11.4 | 24.6 | 19.1 | 16.3 | 22.6 | 15.9 | 27.1 | 4.1 |
| Net Income | 426.5 | 450.2 | 509.9 | 507.1 | 271.3 | 224.2 | (193.2) | 77.8 | 62.0 | 33.0 | 20.6 | 26.3 | 11.1 | 20.7 | 43.3 | 2.4 |
| Per Share Data | ||||||||||||||||
| EPS (Basic) | 5.48 | 5.81 | 6.52 | 6.16 | 3.22 | 2.64 | -3.04 | 1.36 | 1.11 | 0.60 | 0.38 | 0.51 | 0.21 | 0.39 | 0.82 | 0.03 |
| EPS (Diluted) | 5.44 | 5.76 | 6.45 | 6.08 | 3.15 | 2.59 | -3.04 | 1.35 | 1.10 | 0.59 | 0.34 | 0.51 | 0.20 | 0.38 | 0.79 | 0.03 |
| Shares Outstanding | 77.8 | 77.5 | 78.3 | 82.3 | 71.3 | 70.2 | 63.8 | 57.0 | 55.7 | 54.9 | 54.0 | 51.3 | 52.1 | 52.7 | 52.7 | 52.7 |
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||
| Cash & Cash Equivalents | 223.0 | 463.3 | 490.2 | 217.1 | 20.1 | 195.0 | 174.2 | 8.9 | 17.6 | 6.5 | 6.6 | 3.6 | 3.9 | 1.4 | 2.1 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 390.5 | 333.2 | 323.6 | 306.9 | 341.8 | 236.2 | 200.0 | 187.0 | 172.0 | 168.9 | 186.9 | 154.3 | 150.7 | 146.5 | 166.8 |
| Inventory | 543.4 | 488.3 | 464.2 | 464.0 | 494.3 | 301.0 | 282.4 | 264.5 | 263.8 | 258.4 | 237.7 | 291.8 | 260.3 | 232.4 | 196.7 |
| Other Current Assets | 73.9 | 40.0 | 22.0 | 29.4 | 15.7 | 10.8 | 9.6 | 6.1 | 5.1 | 6.7 | 15.7 | 22.5 | 13.6 | 7.2 | 11.1 |
| Total Current Assets | 1,230.8 | 1,324.8 | 1,300.0 | 1,017.5 | 871.9 | 743.0 | 666.2 | 466.5 | 458.5 | 440.6 | 438.6 | 469.2 | 428.5 | 387.4 | 376.7 |
| Non-Current Assets | |||||||||||||||
| Property, Plant & Equipment | 1,217.2 | 1,051.0 | 876.4 | 733.1 | 619.4 | 504.3 | 506.3 | 398.9 | 399.4 | 406.9 | 391.7 | 308.5 | 292.1 | 294.9 | 284.7 |
| Goodwill | 1,042.7 | 720.2 | 617.2 | 620.2 | 610.3 | 599.1 | 597.8 | 102.6 | 103.0 | 100.6 | 100.9 | 98.5 | 86.3 | 86.3 | 85.7 |
| Intangible Assets | 848.5 | 448.1 | 352.7 | 407.6 | 431.4 | 482.0 | 566.4 | 50.2 | 54.6 | 59.7 | 67.1 | 65.3 | 69.7 | 94.6 | 108.2 |
| Long-Term Investments | 0 | 0.0 | 0.1 | 0.2 | 0.1 | 11.9 | 9.2 | 10.5 | 12.3 | 9.0 | 13.2 | 25.0 | 23.6 | 22.0 | 23.0 |
| Other Non-Current Assets | 166.4 | 146.3 | 122.6 | 122.6 | 116.7 | 73.6 | 24.0 | 13.4 | 15.4 | 29.6 | 24.8 | 28.9 | 31.3 | 22.5 | 26.7 |
| Total Non-Current Assets | 3,274.8 | 2,365.6 | 1,968.9 | 1,883.6 | 1,777.9 | 1,670.9 | 1,703.7 | 575.6 | 584.8 | 605.7 | 602.5 | 535.6 | 509.1 | 520.3 | 528.3 |
| Total Assets | 4,505.6 | 3,690.4 | 3,268.9 | 2,901.1 | 2,649.8 | 2,413.8 | 2,369.9 | 1,042.2 | 1,043.2 | 1,046.3 | 1,041.0 | 1,004.8 | 937.6 | 907.7 | 905.0 |
| Current Liabilities | |||||||||||||||
| Account Payables | 237.7 | 218.0 | 254.4 | 210.1 | 225.0 | 171.1 | 106.7 | 93.6 | 105.5 | 121.9 | 119.6 | 111.9 | 111.0 | 110.3 | 110.1 |
| Short-Term Debt | 5.9 | 9.9 | 11.9 | 14.7 | 19.5 | 7 | 8.0 | 25.9 | 26.8 | 37.8 | 35.9 | 9.6 | 11.2 | 11.9 | 11.9 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 15.1 | 0 | 0 | 0 | 52.8 | 42.1 | 33.2 | 18.1 | 18.0 | 29.0 | 10.1 | 0 | 0 | 0 | 37.0 |
| Total Current Liabilities | 509.5 | 398.4 | 439.6 | 378.8 | 391.2 | 318.3 | 238.2 | 206.3 | 221.2 | 255.8 | 247.2 | 173.1 | 164.6 | 167.1 | 168.4 |
| Non-Current Liabilities | |||||||||||||||
| Long-Term Debt | 1,606.0 | 1,251.6 | 1,259.5 | 1,269.4 | 908.7 | 782.2 | 1,089.4 | 208.6 | 270.9 | 310.8 | 312.2 | 390.3 | 442.9 | 338.0 | 358.8 |
| Deferred Tax Liabilities | 221.0 | 190.4 | 156.7 | 159.1 | 168.4 | 162.2 | 175.6 | 46.0 | 32.3 | 44.0 | 64.0 | 64.6 | 66.3 | 74.1 | 82.8 |
| Other Non-Current Liabilities | 91.3 | 83.2 | 70.7 | 66.7 | 64.9 | 54.8 | 37.6 | 19.1 | 33.5 | 34.8 | 45.1 | 28.6 | 32.2 | 5.8 | 5.3 |
| Total Non-Current Liabilities | 2,040.2 | 1,656.2 | 1,548.6 | 1,527.5 | 1,153.5 | 1,032.1 | 1,347.1 | 335.2 | 396.7 | 448.3 | 478.1 | 529.0 | 575.8 | 418.0 | 446.9 |
| Total Liabilities | 2,549.7 | 2,054.6 | 1,988.2 | 1,906.3 | 1,544.7 | 1,350.4 | 1,585.3 | 541.5 | 617.9 | 704.1 | 730.3 | 726.6 | 761.3 | 585.1 | 615.3 |
| Stockholders' Equity | |||||||||||||||
| Common Stock | 11.7 | 11.7 | 11.7 | 11.6 | 11.6 | 11.6 | 11.6 | 11.4 | 11.4 | 12.4 | 12.4 | 12.4 | 12.0 | 12.0 | 12.0 |
| Retained Earnings | 1,862.9 | 1,492.6 | 1,092.2 | 626.2 | 158.9 | (75.2) | (267.6) | 17.6 | (39.2) | (83.7) | (54.2) | (62.6) | (2.4) | 87.3 | 110.9 |
| Accumulated Other Comprehensive Income | (32.3) | (37.2) | (29.8) | (27.6) | (24.4) | (24.2) | (35.3) | (25.9) | (21.2) | (24.8) | (21.3) | (12.7) | (6.0) | (0.9) | (1.4) |
| Total Stockholders' Equity | 1,932.4 | 1,618.1 | 1,261.9 | 977.4 | 1,088.4 | 1,049.7 | 772.8 | 486.6 | 408.7 | 327.3 | 292.0 | 291.7 | 223.0 | 299.4 | 269.1 |
| Total Liabilities & Equity | 4,505.6 | 3,690.4 | 3,268.9 | 2,901.1 | 2,649.8 | 2,413.8 | 2,369.9 | 1,042.2 | 1,043.2 | 1,046.3 | 1,037.3 | 1,034.7 | 937.6 | 907.7 | 905.0 |
| Debt Metrics | |||||||||||||||
| Total Debt | 1,793.2 | 1,445.1 | 1,366.8 | 1,339.3 | 958.8 | 850.5 | 1,170.0 | 319.2 | 379.7 | 428.8 | 424.1 | 461.1 | 500.8 | 350.0 | 370.7 |
| Net Debt | 1,570.2 | 981.8 | 876.6 | 1,122.1 | 938.7 | 655.5 | 995.7 | 310.3 | 362.1 | 422.3 | 417.6 | 457.5 | 496.8 | 348.6 | 368.6 |
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Net Income | 489.2 | 452.6 | 513.3 | 511.4 | 275.0 | 226.1 | (191.8) | 81.5 | 64.8 | 35.9 | 30.6 | (3.7) | 11.3 | 23.2 | 44.4 | 2.4 |
| Depreciation & Amortization | 216.3 | 183.3 | 154.9 | 145.1 | 141.8 | 145.6 | 124.9 | 71.9 | 75.0 | 72.4 | 71.0 | 65.5 | 63.7 | 63.1 | 55.2 | 55.8 |
| Stock-Based Compensation | 32.4 | 26.6 | 32.0 | 21.7 | 108.0 | 65.4 | 279.1 | 21.8 | 18.8 | 17.9 | 4.4 | 37.4 | 35.0 | 9.4 | 6.4 | 0 |
| Change in Working Capital | 81.2 | (82.2) | 26.2 | 33.4 | (241.2) | 20.7 | 53.9 | (37.9) | (22.4) | (8.6) | 1.3 | (16.8) | (36.0) | (13.3) | (6.8) | (30.6) |
| Other Non-Cash Items | (35.3) | 1.7 | (6.1) | 6.1 | (10.9) | 7.9 | 42.9 | 1.6 | 12.1 | (4.4) | 17.4 | 10.8 | 6.6 | 0.2 | (36.6) | 10.4 |
| Operating Cash Flow | 819.1 | 581.5 | 717.9 | 707.8 | 274.9 | 452.2 | 306.2 | 151.7 | 137.1 | 104.2 | 134.8 | 68.6 | 62.1 | 75.4 | 57.0 | 37.2 |
| Investing Activities | ||||||||||||||||
| Capital Expenditure | (249.8) | (212.9) | (183.8) | (166.9) | (149.1) | (78.8) | (67.7) | (43.4) | (41.7) | (51.3) | (44.9) | (36.1) | (43.6) | (39.8) | (29.9) | (30.0) |
| Acquisitions | (991.1) | (237.3) | 0 | (48.0) | (49.3) | 0 | (1,089.3) | 0 | 0 | (8.6) | (3.2) | (44.0) | (6.4) | (5.0) | (47.7) | (20.3) |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 29.0 | 2.4 | 28.1 | 0.4 | (0.4) | 0.9 | 6.5 | 0.9 | 11.3 | (48.1) | (0.9) | (0.1) | 8.6 | 0.1 | 41.8 | 2.8 |
| Investing Cash Flow | (1,211.8) | (447.9) | (155.7) | (214.5) | (198.8) | (77.9) | (1,150.5) | (42.5) | (30.4) | (61.3) | (49.0) | (80.5) | (41.8) | (44.8) | (35.8) | (53.2) |
| Financing Activities | ||||||||||||||||
| Net Debt Issuance | 303.2 | (37.4) | (26.9) | 358.5 | 88.1 | (328.5) | 836.7 | (87.3) | (72.9) | (29.0) | (68.5) | (63.4) | 91.9 | (30.0) | (4.1) | 121.1 |
| Stock Repurchased | (92.0) | (69.9) | (207.3) | (575.0) | (292) | 0 | 0 | 0 | (7.9) | 0 | 0 | (0.0) | (5.5) | (3.3) | (4.2) | (415.6) |
| Dividends Paid | (56.1) | (49.7) | (44.0) | (39.6) | (37.0) | (30.7) | (92.1) | (26.1) | (18.5) | (16.8) | (16.2) | (4.8) | (112.7) | (6.2) | (4.9) | (5.2) |
| Other Financing Activities | (5.7) | (0.7) | (6.2) | (40.1) | (10.1) | (3.0) | (26.7) | (4.2) | 4.4 | (3.8) | 1.7 | (6.0) | (2.4) | 8.1 | (8.0) | 0.3 |
| Financing Cash Flow | 156.3 | (157.7) | (284.3) | (296.3) | (251.1) | (354.6) | 1,011.6 | (117.7) | (95.0) | (42.8) | (84.1) | 12.1 | (17.7) | (31.3) | (21.2) | 15.1 |
| Cash Position | ||||||||||||||||
| Net Change in Cash | (235.3) | (26.6) | 278.7 | 197.0 | (174.9) | 20.8 | 165.3 | (8.7) | 11.1 | (0.1) | 0.9 | (0.3) | 2.6 | (0.7) | (0.1) | 0 |
| Cash at Beginning | 469.3 | 495.8 | 217.1 | 20.1 | 195.0 | 174.2 | 8.9 | 17.6 | 6.5 | 6.6 | 3.6 | 3.9 | 1.4 | 2.1 | 2.2 | 0 |
| Cash at End | 234.0 | 469.3 | 495.8 | 217.1 | 20.1 | 195.0 | 174.2 | 8.9 | 17.6 | 6.5 | 4.5 | 3.6 | 3.9 | 1.4 | 2.1 | 0 |
| Free Cash Flow | 569.3 | 368.5 | 534.1 | 540.9 | 125.8 | 373.5 | 238.5 | 108.3 | 95.4 | 52.9 | 89.9 | 32.5 | 18.5 | 35.5 | 27.1 | 7.2 |
| Key Metrics | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||
| Revenue | 3,050.4 | 2,904.2 | 2,874.5 | 3,071.1 | 2,769.3 | 1,982.8 | 1,673.8 | 1,384.7 | 1,330.4 | 1,257.3 | 1,289.5 | 1,177.8 | 1,069.0 | 1,017.1 | 1,013.8 | 863.1 |
| Gross Profit | 1,107.5 | 1,094.2 | 1,145.9 | 1,118.4 | 800.4 | 690.1 | 497.5 | 327.0 | 302.5 | 295.8 | 280.7 | 242.3 | 212.9 | 188.0 | 195.4 | 163.7 |
| Operating Income | 686.7 | 657.4 | 732.1 | 719.3 | 411.9 | 344.5 | (95.3) | 129.4 | 88.3 | 76.3 | 82.1 | 75.9 | 53.3 | 57.5 | 95.1 | 39.6 |
| Net Income | 426.5 | 450.2 | 509.9 | 507.1 | 271.3 | 224.2 | (193.2) | 77.8 | 62.0 | 33.0 | 20.6 | 26.3 | 11.1 | 20.7 | 43.3 | 2.4 |
| EPS (Diluted) | 5.44 | 5.76 | 6.45 | 6.08 | 3.15 | 2.59 | -3.04 | 1.35 | 1.10 | 0.59 | 0.34 | 0.51 | 0.20 | 0.38 | 0.79 | 0.03 |
| Balance Sheet | ||||||||||||||||
| Cash & Equivalents | 223.0 | 463.3 | 490.2 | 217.1 | 20.1 | 195.0 | 174.2 | 8.9 | 17.6 | 6.5 | 6.6 | 3.6 | 3.9 | 1.4 | 2.1 | |
| Total Assets | 4,505.6 | 3,690.4 | 3,268.9 | 2,901.1 | 2,649.8 | 2,413.8 | 2,369.9 | 1,042.2 | 1,043.2 | 1,046.3 | 1,041.0 | 1,004.8 | 937.6 | 907.7 | 905.0 | |
| Total Debt | 1,793.2 | 1,445.1 | 1,366.8 | 1,339.3 | 958.8 | 850.5 | 1,170.0 | 319.2 | 379.7 | 428.8 | 424.1 | 461.1 | 500.8 | 350.0 | 370.7 | |
| Stockholders' Equity | 1,932.4 | 1,618.1 | 1,261.9 | 977.4 | 1,088.4 | 1,049.7 | 772.8 | 486.6 | 408.7 | 327.3 | 292.0 | 291.7 | 223.0 | 299.4 | 269.1 | |
| Cash Flow | ||||||||||||||||
| Operating Cash Flow | 819.1 | 581.5 | 717.9 | 707.8 | 274.9 | 452.2 | 306.2 | 151.7 | 137.1 | 104.2 | 134.8 | 68.6 | 62.1 | 75.4 | 57.0 | 37.2 |
| Capital Expenditure | (249.8) | (212.9) | (183.8) | (166.9) | (149.1) | (78.8) | (67.7) | (43.4) | (41.7) | (51.3) | (44.9) | (36.1) | (43.6) | (39.8) | (29.9) | (30.0) |
| Free Cash Flow | 569.3 | 368.5 | 534.1 | 540.9 | 125.8 | 373.5 | 238.5 | 108.3 | 95.4 | 52.9 | 89.9 | 32.5 | 18.5 | 35.5 | 27.1 | 7.2 |