Advanced Drainage Systems Financial Ratios
NYSE: WMSConsumer DiscretionaryContainers/PackagingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Advanced Drainage Systems ratio analysis
Advanced Drainage Systems earned a net margin of 14.0% in FY 2026, down from 15.5% a year earlier. Gross margin was 38.3% compared with a median of 28.9% over the prior 9 years. Return on equity reached 22.9%, meaning Advanced Drainage Systems generated 0.23 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.87 versus 0.83 the year before, and the current ratio was 2.42. At the end of FY 2026, WMS traded at 25.3 times earnings; across the 9 fiscal years shown, its year-end P/E ranged from 13.9 to 41.7, with a median of 25.3. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Advanced Drainage Systems financial ratios (annual)
| Ratio | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 25.31 | 17.55 | 26.70 | 13.85 | 38.12 | 41.68 | — | 21.12 | 26.16 | 22.12 |
| Price / sales | 3.51 | 2.70 | 4.69 | 2.26 | 3.09 | 3.82 | 1.00 | 1.06 | 1.08 | 0.97 |
| Price / book | 5.76 | 5.14 | 11.69 | 8.41 | 9.58 | 9.24 | 3.19 | 3.82 | 4.69 | 5.48 |
| Gross margin | 38.3% | 37.7% | 39.9% | 36.4% | 28.9% | 34.8% | 18.9% | 23.6% | 22.7% | 23.5% |
| Operating margin | 20.3% | 22.6% | 25.5% | 23.4% | 14.9% | 17.4% | -5.7% | 9.3% | 6.6% | 6.1% |
| Net margin | 14.0% | 15.5% | 17.7% | 16.5% | 9.8% | 11.3% | -11.5% | 5.6% | 4.7% | 4.9% |
| Free cash flow margin | 18.7% | 12.7% | 18.6% | 17.6% | 4.5% | 18.8% | 14.2% | 7.8% | 7.2% | 4.6% |
| Return on equity (ROE) | 22.9% | 29.5% | 44.2% | 61.5% | 30.4% | 27.4% | -36.7% | 20.2% | 20.2% | 27.8% |
| Return on assets (ROA) | 9.5% | 12.2% | 15.6% | 17.5% | 10.2% | 9.3% | -8.2% | 7.5% | 5.9% | 5.9% |
| Debt / equity | 0.87 | 0.83 | 1.10 | 1.56 | 1.04 | 0.96 | 2.09 | 0.61 | 0.97 | 1.57 |
| Current ratio | 2.42 | 3.33 | 2.96 | 2.69 | 2.23 | 2.33 | 2.80 | 2.26 | 2.07 | 1.72 |
| Revenue growth | 5.0% | 1.0% | -6.4% | 10.9% | 39.7% | 18.5% | 20.9% | 4.1% | 5.8% | -2.6% |
| EPS growth | -5.6% | -10.7% | 6.1% | 93.0% | 21.6% | — | -363.1% | 23.2% | 0.0% | 153.8% |