Advanced Drainage Systems, Inc. (WMS) stock
Close on Nov 11, 2026Market cap $9.75BP/E 24.6Yield 0.56%
Advanced Drainage Systems, Inc. grew revenue 9.2% to $3.26B over the twelve months to Sep 30, 2026. Operating income fell 4.9% to $639.58M, moving the operating margin from 22.5% to 19.6%. Free cash flow was $529.95M, up 0.1% from a year earlier. At the latest close the market valued the company at $9.75B, 24.6 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $9.75B
- P/E ratio
- 24.6
- Price to sales
- 2.99
- Price to book
- 5.55
- Dividend yield
- 0.56%
- Free cash flow yield
- 5.44%
Fundamentals
- Revenue
- $3.26B
- Net income
- $405.49M
- EPS, diluted
- $5.26
- Free cash flow
- $529.95M
- Book value per share
- $23.16
- Diluted shares
- 76M
Trading
- Next earnings
- Feb 4, 2027 (estimated, before the open)
- Previous close
- $128.75
- Open
- $128.77
- Day's range
- $126.46 – $130.38
- Volume
- 928,852
- Average volume (20 days)
- 873,433
- Index membership
- S&P MidCap 400 (since May 2023), Russell 1000 (since Jun 2021), Russell 3000
- Beta (5 years)
- 1.43
- 52-week range
- $119.53 – $179.31
- RSI (14 days)
- 48.2
- Volatility (1 year)
- 39.3%
- Relative volume
- 1.26×
- WACC
- 11.1%
Index membership is inferred from the holdings of funds that track each index (IJH, SPMD, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2014, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.
| Period | WMS | S&P 500 | Difference | WMS per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +2.8% | -2.4% | +5.2 pts | ||
| 3 months | -9.9% | -1.2% | −8.7 pts | ||
| Year to date | -10.4% | +12.3% | −22.7 pts | ||
| 1 year | -12.1% | +12.4% | −24.5 pts | ||
| 3 years | +15.9% | +78.8% | −62.9 pts | +5.0% | +21.4% |
| 5 years | +1.4% | +75.2% | −73.7 pts | +0.3% | +11.9% |
| 10 years | +547.5% | +311.1% | +236.4 pts | +20.5% | +15.2% |
Fifteen years at a glance
Fiscal years 2012 to 2026 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Advanced Drainage Systems filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Update
- Results
- Results
About Advanced Drainage Systems
Plastics Foam Products
Advanced Drainage Systems, Inc. designs, manufactures, and markets water management and drainage solutions across two principal segments: Stormwater and Wastewater. Its offerings include single-, double-, and triple-wall corrugated thermoplastic pipes, retention and detention chambers, polyvinyl chloride drainage structures, fittings, water filtration units, catch basins, and channel drains. In its wastewater line, the company provides plastic leachfield chambers, synthetic aggregate bundles, combined treatment and dispersal systems, and onsite storage and potable tanks. The business serves a diverse clientele spanning residential, non-residential, infrastructure, and agricultural sectors, distributing products through wholesale waterworks distributors, big-box retailers, buying cooperatives, contractors, and builders.
Company profile, executives and historyAdvanced Drainage Systems stock: common questions
What is Advanced Drainage Systems's stock price?
WMS closed at $129.30 on Nov 11, 2026, up 0.43% on the day. Over the past 52 weeks it traded between $119.53 and $179.31.
What is Advanced Drainage Systems's market cap?
Advanced Drainage Systems was worth $9.75B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.
What is WMS's P/E ratio?
WMS trades at 24.6 times earnings, based on diluted earnings per share of $5.26 over the twelve months to Sep 30, 2026.
How much revenue does Advanced Drainage Systems make?
Advanced Drainage Systems reported revenue of $3.26B for the twelve months to Sep 30, 2026, up 9.2% from a year earlier.
Does Advanced Drainage Systems pay a dividend?
Yes. Advanced Drainage Systems paid $0.72 per share over the last twelve months, a yield of 0.56% at the latest price, and has raised its annual dividend 5 years in a row.
When does Advanced Drainage Systems report earnings next?
Advanced Drainage Systems is expected to report Q3 FY2027 results on Feb 4, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.
How has WMS stock performed over the past year?
Including dividends, WMS returned -12.1% over the past year, against +12.4% for the S&P 500.
How many WMS shares are sold short?
3M shares were sold short at the latest FINRA report, 4.48% of the float, or 4.7 days of average trading volume.
Who are Advanced Drainage Systems's competitors?
Companies most similar to Advanced Drainage Systems by business, industry and size include AWI, ENTG, ATR, MYE, SWIM.
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