Stocks · Basic Materials · Construction Materials
Advanced Drainage Systems, Inc. WMS
$127.27 +0.32% Close, Oct 2, 2026 · NYSE · Market cap $9.75B
High quality
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 5 quarters (average surprise over the last four: +16.9%).
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
- Revenue over the last four quarters was $3.22B, up 10.4% from a year earlier, accelerating from 5.0% a quarter earlier.
PromtFinance scores
Each score is a percentile within the Basic Materials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 32%
- EPS growth (TTM, YoY)Top 49%
- FCF growth (TTM, YoY)Top 34%
- Revenue growth, 3-year CAGRTop 45%
- Revenue growth accelerationTop 21%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 16%
- Gross marginTop 25%
- Operating marginTop 14%
- Cash conversion (OCF / net income)Top 40%
- Accruals (lower is better)Top 33%
- Net debt / EBITDA (lower is better)Bottom 49%
- Interest coverTop 40%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 32%
- Free-cash-flow yieldTop 34%
- EBITDA / enterprise valueTop 41%
- Sales / enterprise valueBottom 30%
- P/E vs own 5-year history (lower is better)Top 45%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 30%
- 6-month returnBottom 48%
- 1-year return vs S&P 500Bottom 36%
- Distance from 52-week highBottom 49%
- Trend checklist (0–4)Bottom 26%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 25%
- Consecutive EPS beatsTop 12%
- Share of analysts rating BuyBottom 23%
- Upside to consensus price targetTop 36%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 27%
- Maximum drawdown, 3 yearsTop 38%
- Beta vs S&P 500 (lower is better)Bottom 40%
- Net debt / EBITDA (lower is better)Bottom 49%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 5.0% | 10.4% | ↑ |
| EPS growth (YoY) | -5.6% | 4.5% | ↑ |
| Gross margin | 37.4% | 37.6% | ↑ |
| Operating margin | 21.8% | 23.1% | ↑ |
| FCF margin | 15.9% | 17.1% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 10.4% | 5.0% | ↑ | Top 32% |
| EPS growth (TTM, YoY) | 4.5% | -5.6% | ↑ | Top 49% |
| Gross margin | 37.6% | 37.4% | ↑ | Top 25% |
| Operating margin | 23.1% | 21.8% | ↑ | Top 14% |
| Net margin | 14.0% | 14.8% | ↓ | — |
| Free-cash-flow margin | 17.1% | 15.9% | ↑ | — |
| Return on invested capital | 14.4% | — | Top 16% | |
| Revenue growth, 3-year CAGR | -0.2% | — | Top 45% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.78×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -7.8%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +10.4 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.73×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 7.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.59%
- Net buyback yield (TTM)
- 3.26%
- Shareholder yield
- 3.85%
- Share count change, 1 year
- -1.4%
- Share count change, 3-year CAGR
- -1.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 5
- Beats in the last 8 reports
- 5 of 8
- Average EPS surprise, last 4
- +16.9%
- Average 2-day reaction, last 8
- +1.7%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $188.56
- Target vs current price
- +48.2%
- Analysts with a rating
- 22
- Share rating Buy or Strong Buy
- 41%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | +18.6% | -0.8% | -6.1% | -11.3% | — |
| May 21, 2026 | +14.3% | -1.2% | +2.4% | +7.5% | +8.1% |
| Feb 5, 2026 | +14.4% | +6.1% | +8.1% | -7.0% | -8.1% |
| Nov 6, 2025 | +20.1% | +8.8% | +12.0% | +11.4% | +16.1% |
| Aug 7, 2025 | +11.4% | +17.2% | +25.2% | +26.5% | +22.1% |
| May 15, 2025 | -2.8% | -3.4% | -8.7% | -5.0% | +8.2% |
| Feb 6, 2025 | -6.8% | +1.4% | +7.5% | -2.2% | +0.0% |
| Nov 8, 2024 | -10.5% | -14.4% | -18.1% | -18.3% | -26.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | $2.49 | $2.10 | +18.6% | $1.00B |
| May 21, 2026 | $1.07 | $0.94 | +14.3% | $676.8M |
| Feb 5, 2026 | $1.27 | $1.11 | +14.4% | $693.4M |
| Nov 6, 2025 | $1.97 | $1.64 | +20.1% | $850.4M |
| Aug 7, 2025 | $1.95 | $1.75 | +11.4% | $829.9M |
| May 15, 2025 | $1.03 | $1.06 | -2.8% | $615.8M |
| Feb 6, 2025 | $1.09 | $1.17 | -6.8% | $690.5M |
| Nov 8, 2024 | $1.70 | $1.90 | -10.5% | $782.6M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 22.0× | 24.8× | 38th | Top 32% |
| P/E (forward) | 20.4× | — | — | — |
| EV / EBITDA | 12.3× | — | — | Top 41% |
| EV / Sales | 3.53× | — | — | Bottom 30% |
| Free-cash-flow yield | 5.64% | — | — | Top 34% |
| Earnings yield | 4.55% | — | — | Top 32% |
P/E over the past five years
Range 15.3× – 46.4× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -9.6%
- Earnings per share growth (TTM)
- +4.5%
- Change in P/E multiple
- +6.4%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -5.6%
- 200-day average slope (20 days)
- -1.3%
- Distance from 50-day average
- -7.0%
- Distance from 200-day average
- -12.6%
- RSI (14)
- 41.6
- Relative volume
- 0.69×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 33.4%
- Volatility vs own 5-year history
- 25th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.14
- Correlation with S&P 500
- 0.48
- Current drawdown from 1-year high
- -27.4%
- Maximum drawdown, 3 years
- -46.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Aug 16, 2022 | Mar 20, 2023 | -50.3% | 148 days | 224 days (Feb 8, 2024) |
| May 21, 2024 | Apr 8, 2025 | -46.0% | 220 days | Not yet recovered |
| Dec 8, 2021 | Jun 17, 2022 | -40.1% | 132 days | 32 days (Aug 4, 2022) |
| Feb 24, 2021 | Mar 24, 2021 | -14.9% | 20 days | 12 days (Apr 12, 2021) |
| Jan 7, 2021 | Jan 29, 2021 | -13.8% | 15 days | 4 days (Feb 4, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $9.75B
- P/E (TTM)
- 22.0
- EPS, diluted (TTM)
- $5.79
- Revenue (TTM)
- $3.22B
- Dividend yield
- 0.60%
- 52-week range
- $124.61 – $179.32
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $2.77B | $3.07B | $2.87B | $2.90B | $3.05B |
| Gross profit | $800.4M | $1.12B | $1.15B | $1.09B | $1.11B |
| Operating income | $411.9M | $719.3M | $732.1M | $657.4M | $686.7M |
| Net income | $271.3M | $507.1M | $509.9M | $450.2M | $426.5M |
| EPS (diluted) | $3.15 | $6.08 | $6.45 | $5.76 | $5.44 |
| Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | Q1 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $782.6M | $690.5M | $615.8M | $829.9M | $850.4M | $693.4M | $676.8M | $1.00B |
| Net income | $130.4M | $81.2M | $77.2M | $143.9M | $156.0M | $93.6M | $32.9M | $168.5M |
| EPS (diluted) | $1.67 | $1.04 | $0.99 | $1.84 | $1.99 | $1.19 | $0.42 | $2.19 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $274.9M | $707.8M | $717.9M | $581.5M | $819.1M |
| Capital expenditure | -$149.1M | -$166.9M | -$183.8M | -$212.9M | -$249.8M |
| Free cash flow | $125.8M | $540.9M | $534.1M | $368.5M | $569.3M |
| Dividends paid | -$37.0M | -$39.6M | -$44.0M | -$49.7M | -$56.1M |
| Net share buybacks | -$292.0M | -$575.0M | -$207.3M | -$69.9M | -$85.1M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $162.3M
- Total assets
- $4.51B
- Total liabilities
- $2.62B
- Total debt
- $1.77B
- Net debt
- $1.60B
- Shareholders’ equity
- $1.86B
As of Jun 30, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 1, 2026 | $0.20 | Sep 15, 2026 |
| Jun 1, 2026 | $0.20 | Jun 15, 2026 |
| Mar 2, 2026 | $0.18 | Mar 16, 2026 |
| Dec 1, 2025 | $0.18 | Dec 15, 2025 |
| Aug 29, 2025 | $0.18 | Sep 15, 2025 |
| May 30, 2025 | $0.18 | Jun 16, 2025 |
| Feb 28, 2025 | $0.16 | Mar 14, 2025 |
| Dec 2, 2024 | $0.16 | Dec 16, 2024 |
Short interest
- Shares sold short
- 2,873,495
- Days to cover
- 3.89
- Change vs previous report
- -3.3%
FINRA short interest, settlement date Sep 15, 2026.