ADVANCED DRAINAGE SYSTEMS, INC. (WMS)
Q2-CY2026Q1-CY2026Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014
Balance Sheet Date2026-Mar-312025-Dec-312025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-30
Fiscal PeriodQ4-FY2026Q3-FY2026Q2-FY2026Q1-FY2026Q4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015
Total Assets4,505,623,000$4,144,311,000$4,079,289,000$3,909,945,000$3,690,360,000$3,602,254,000$3,535,750,000$3,447,538,000$3,268,913,000$3,161,959,000$3,137,974,000$3,048,669,000$2,901,125,000$3,005,658,000$3,177,599,000$3,225,363,000$2,649,758,000$2,555,759,000$2,506,624,000$2,474,618,000$2,413,832,000$2,342,436,000$2,373,372,000$2,415,031,000$2,369,888,000$2,249,175,000$2,295,320,000$1,068,415,000$1,042,159,000$1,007,040,000$1,094,235,000$1,090,906,000$1,043,242,000$1,013,234,000$1,110,109,000$1,113,329,000$1,046,285,000$987,166,000$1,054,879,000$1,074,628,000$1,037,316,000$1,003,276,000$1,107,745,000$1,116,181,000$1,038,124,000$963,369,000$1,068,160,000$1,065,927,000$
Total Current Assets1,230,829,000$1,705,094,000$1,672,912,000$1,517,026,000$1,324,783,000$1,245,096,000$1,491,920,000$1,424,300,000$1,299,967,000$1,238,422,000$1,231,916,000$1,168,523,000$1,017,489,000$1,157,366,000$1,347,880,000$1,401,340,000$871,898,000$807,019,000$817,573,000$795,596,000$742,978,000$663,534,000$700,579,000$729,364,000$666,211,000$525,785,000$564,220,000$480,655,000$466,513,000$426,388,000$508,960,000$517,760,000$458,453,000$415,356,000$512,338,000$495,849,000$440,566,000$394,786,000$454,897,000$468,513,000$439,562,000$404,705,000$501,969,000$512,682,000$444,410,000$406,059,000$498,626,000$490,194,000$
Cash and Cash Equivalents223,012,000$1,008,190,000$812,862,000$638,268,000$463,319,000$488,859,000$613,020,000$541,637,000$490,163,000$560,744,000$470,409,000$366,104,000$217,128,000$426,690,000$457,357,000$463,696,000$20,125,000$22,173,000$14,005,000$142,833,000$195,009,000$223,996,000$203,883,000$235,210,000$174,233,000$98,312,000$54,207,000$9,357,000$8,891,000$19,758,000$17,612,000$18,394,000$17,587,000$18,407,000$11,183,000$8,717,000$6,450,000$12,097,000$8,804,000$9,168,000$6,555,000$6,412,000$3,481,000$4,847,000$3,623,000$10,753,000$6,581,000$4,720,000$
Receivables390,536,000$237,594,000$400,459,000$379,786,000$333,221,000$247,940,000$357,636,000$369,256,000$323,576,000$240,810,000$352,562,000$342,338,000$306,945,000$242,485,000$387,952,000$427,620,000$341,753,000$303,140,000$361,466,000$303,736,000$236,191,000$188,744,000$260,180,000$241,830,000$200,028,000$156,973,000$250,470,000$231,829,000$186,991,000$152,538,000$236,968,000$228,905,000$171,961,000$176,942,000$279,711,000$215,432,000$168,943,000$154,576,000$215,294,000$212,167,000$186,883,000$171,768,000$254,583,000$229,684,000$161,119,000$246,046,000$213,892,000$
Other Current Assets30,449,000$28,065,000$35,813,000$45,277,000$31,780,000$31,928,000$34,032,000$25,574,000$22,028,000$31,459,000$23,855,000$25,450,000$29,422,000$29,162,000$23,400,000$20,532,000$15,696,000$16,188,000$16,858,000$18,314,000$10,817,000$11,934,000$13,248,000$13,085,000$9,552,000$9,153,000$10,629,000$9,185,000$6,091,000$7,641,000$7,219,000$8,740,000$5,113,000$4,962,000$7,161,000$9,512,000$6,743,000$
Assets Held for Sale in Short Term
Total Noncurrent Assets3,274,794,000$2,439,217,000$2,406,377,000$2,392,919,000$2,365,577,000$2,357,158,000$2,043,830,000$2,023,238,000$1,968,946,000$1,923,537,000$1,906,058,000$1,880,146,000$1,883,636,000$1,848,292,000$1,829,719,000$1,824,023,000$1,777,860,000$1,748,740,000$1,689,051,000$1,679,022,000$1,670,854,000$1,678,902,000$1,672,793,000$1,685,667,000$1,703,677,000$1,723,390,000$1,731,100,000$587,760,000$575,646,000$580,652,000$585,275,000$573,146,000$584,789,000$597,878,000$597,771,000$617,480,000$605,719,000$592,380,000$599,982,000$606,115,000$597,754,000$598,571,000$605,776,000$603,499,000$593,714,000$557,310,000$569,534,000$575,733,000$
Goodwill1,042,716,000$725,200,000$725,279,000$725,698,000$720,223,000$720,543,000$617,147,000$617,048,000$617,183,000$617,397,000$620,165,000$620,428,000$620,193,000$619,275,000$619,487,000$619,626,000$610,293,000$611,578,000$598,976,000$599,255,000$599,072,000$598,957,000$598,416,000$598,200,000$597,819,000$668,154,000$669,753,000$102,844,000$102,638,000$102,423,000$103,002,000$102,792,000$103,017,000$103,282,000$103,380,000$100,860,000$100,566,000$100,441,000$100,696,000$100,857,000$100,885,000$100,205,000$100,483,000$98,894,000$87,951,000$88,000,000$88,019,000$
Other Intangible Assets848,527,000$410,286,000$423,787,000$437,326,000$448,060,000$462,491,000$328,924,000$340,747,000$352,652,000$365,631,000$382,050,000$394,837,000$407,627,000$421,450,000$435,281,000$449,115,000$431,385,000$447,411,000$450,925,000$466,384,000$482,016,000$501,812,000$519,660,000$537,457,000$555,338,000$498,113,000$501,572,000$35,733,000$37,177,000$38,554,000$40,693,000$42,486,000$44,437,000$46,439,000$48,429,000$50,125,000$51,758,000$53,457,000$55,682,000$57,822,000$59,869,000$61,492,000$63,811,000$55,761,000$51,874,000$54,132,000$56,702,000$
Physical Assets1,217,165,000$1,153,550,000$1,110,883,000$1,078,728,000$1,051,040,000$1,017,555,000$955,434,000$927,668,000$876,351,000$810,887,000$773,993,000$747,312,000$733,059,000$685,496,000$653,432,000$636,042,000$619,383,000$590,949,000$544,187,000$518,229,000$504,275,000$496,052,000$481,947,000$477,100,000$481,380,000$488,386,000$492,017,000$396,280,000$398,891,000$402,819,000$402,238,000$391,710,000$399,381,000$410,534,000$410,271,000$417,635,000$406,858,000$393,480,000$397,409,000$401,822,000$391,744,000$387,654,000$389,826,000$389,283,000$375,813,000$353,093,000$359,742,000$359,944,000$
Other Noncurrent Assets166,386,000$150,181,000$146,428,000$151,167,000$146,254,000$156,569,000$142,325,000$137,775,000$122,760,000$129,622,000$129,850,000$117,569,000$122,757,000$122,071,000$121,519,000$119,240,000$116,799,000$98,802,000$94,963,000$95,154,000$85,491,000$82,081,000$72,770,000$72,910,000$69,140,000$68,737,000$67,758,000$52,903,000$36,940,000$36,856,000$39,342,000$36,158,000$37,954,000$37,623,000$35,691,000$48,860,000$46,537,000$45,002,000$46,195,000$45,614,000$45,256,000$49,220,000$51,656,000$59,561,000$64,392,000$67,660,000$71,068,000$
Assets Held for Sale in Long Term2,000,000$
Total Liabilities2,549,659,000$2,115,294,000$2,150,178,000$2,131,669,000$2,054,572,000$2,037,868,000$2,043,484,000$2,062,725,000$1,988,214,000$1,940,090,000$1,955,795,000$1,936,803,000$1,906,265,000$1,889,917,000$1,961,929,000$2,028,576,000$1,544,713,000$1,535,249,000$1,575,103,000$1,448,724,000$1,350,406,000$1,315,538,000$1,417,769,000$1,550,518,000$1,585,306,000$1,452,775,000$1,532,344,000$608,074,000$541,524,000$512,052,000$596,075,000$626,328,000$609,433,000$577,210,000$711,351,000$735,281,000$695,850,000$624,894,000$698,257,000$739,351,000$723,080,000$683,302,000$796,927,000$816,025,000$752,978,000$632,584,000$732,419,000$823,914,000$
Total Current Liabilities509,469,000$413,377,000$480,863,000$471,604,000$398,396,000$388,090,000$467,337,000$492,927,000$439,622,000$409,125,000$427,867,000$419,587,000$378,802,000$370,280,000$439,300,000$504,758,000$391,241,000$364,084,000$413,839,000$407,450,000$318,270,000$277,559,000$282,491,000$258,901,000$238,213,000$222,085,000$241,348,000$243,983,000$206,285,000$190,055,000$220,797,000$233,421,000$221,243,000$197,568,000$226,531,000$228,811,000$255,754,000$216,676,000$239,626,000$248,260,000$252,184,000$232,269,000$250,902,000$225,475,000$215,463,000$170,598,000$209,027,000$203,333,000$
Accounts Payable237,706,000$168,884,000$225,946,000$227,079,000$218,024,000$183,913,000$273,293,000$264,828,000$254,401,000$207,902,000$223,536,000$205,591,000$210,111,000$174,106,000$236,603,000$274,606,000$224,986,000$195,471,000$257,576,000$229,300,000$171,098,000$108,368,000$114,030,000$96,654,000$106,710,000$78,292,000$111,450,000$106,413,000$93,577,000$66,361,000$95,861,000$102,884,000$105,521,000$71,591,000$93,944,000$107,131,000$121,922,000$71,362,000$95,437,000$112,646,000$119,606,000$74,000,000$87,020,000$109,163,000$71,047,000$115,716,000$124,575,000$
Short Term Debt
Short Term Capital Lease Obligations21,303,000$19,456,000$15,715,000$14,370,000$14,203,000$8,995,000$7,757,000$7,532,000$6,604,000$3,809,000$23,117,000$23,354,000$22,970,000$21,787,000$22,007,000$22,654,000$21,949,000$21,946,000$21,450,000$20,367,000$20,640,000$20,872,000$19,231,000$18,374,000$19,292,000$17,661,000$14,677,000$12,225,000$14,419,000$
Other Current Liabilities212,623,000$193,865,000$190,069,000$161,226,000$137,295,000$162,205,000$152,091,000$148,263,000$155,336,000$162,275,000$158,784,000$137,511,000$142,400,000$170,549,000$169,774,000$148,605,000$134,877,000$140,578,000$129,818,000$124,081,000$116,151,000$119,956,000$119,084,000$105,148,000$101,116,000$106,527,000$97,979,000$76,267,000$61,901,000$67,567,000$65,116,000$66,037,000$60,560,000$66,665,000$71,611,000$59,523,000$66,386,000$56,720,000$59,582,000$64,806,000$65,099,000$75,070,000$80,690,000$61,821,000$54,518,000$50,240,000$42,042,000$
Total Noncurrent Liabilities2,040,190,000$1,701,917,000$1,669,315,000$1,660,065,000$1,656,176,000$1,649,778,000$1,576,147,000$1,569,798,000$1,548,592,000$1,530,965,000$1,527,928,000$1,517,216,000$1,527,463,000$1,519,637,000$1,522,629,000$1,523,818,000$1,153,472,000$1,171,165,000$1,161,264,000$1,041,274,000$1,032,136,000$1,037,979,000$1,135,278,000$1,291,617,000$1,347,093,000$1,230,690,000$1,290,996,000$364,091,000$335,239,000$321,997,000$375,278,000$392,907,000$388,190,000$379,642,000$484,820,000$506,470,000$440,096,000$408,218,000$458,631,000$491,091,000$470,896,000$451,033,000$546,025,000$590,550,000$537,515,000$461,986,000$523,392,000$620,581,000$
Long Term Debt1,605,958,000$1,275,701,000$1,248,506,000$1,250,050,000$1,251,589,000$1,253,129,000$1,255,118,000$1,257,320,000$1,259,522,000$1,261,742,000$1,264,197,000$1,266,797,000$1,269,391,000$1,272,040,000$1,275,211,000$1,279,176,000$908,705,000$931,765,000$901,511,000$780,565,000$782,220,000$783,874,000$885,528,000$1,037,470,000$1,089,368,000$991,267,000$1,043,154,000$230,337,000$208,602,000$200,764,000$252,524,000$278,561,000$270,900,000$260,981,000$358,047,000$377,712,000$310,849,000$269,388,000$312,712,000$335,130,000$312,214,000$301,565,000$389,685,000$431,754,000$390,315,000$326,725,000$386,435,000$481,215,000$
Long Term Capital Lease Obligations52,896,000$48,781,000$39,071,000$37,065,000$41,032,000$22,393,000$17,173,000$15,752,000$17,340,000$9,407,000$
Other Noncurrent Liabilities91,303,000$82,583,000$80,860,000$87,560,000$83,171,000$88,437,000$76,183,000$77,194,000$70,704,000$71,980,000$72,942,000$62,682,000$66,744,000$69,767,000$68,580,000$66,472,000$64,939,000$53,903,000$61,366,000$62,480,000$54,767,000$52,453,000$40,551,000$40,266,000$37,608,000$34,112,000$37,017,000$28,641,000$19,119,000$22,220,000$24,721,000$22,950,000$25,023,000$22,681,000$22,868,000$23,484,000$26,530,000$31,070,000$32,147,000$40,185,000$37,921,000$37,464,000$40,883,000$41,169,000$38,865,000$28,346,000$27,319,000$31,874,000$
Total Equity1,882,312,000$1,950,765,000$1,846,537,000$1,690,291,000$1,543,136,000$1,469,136,000$1,394,035,000$1,281,047,000$1,172,115,000$1,100,183,000$1,048,830,000$963,469,000$841,640,000$958,613,000$1,055,742,000$1,007,959,000$909,661,000$814,768,000$710,003,000$806,304,000$833,515,000$785,359,000$709,510,000$614,589,000$537,485,000$545,975,000$511,756,000$212,184,000$398,313,000$392,851,000$389,451,000$356,539,000$324,259,000$325,920,000$287,858,000$267,464,000$237,610,000$249,635,000$244,854,000$223,806,000$202,489,000$208,722,000$199,744,000$193,188,000$177,125,000$219,990,000$224,142,000$(533,210,000$)
Equity to Minority23,578,000$22,444,000$20,214,000$19,205,000$17,700,000$18,104,000$17,578,000$17,934,000$18,802,000$21,621,000$19,417,000$18,797,000$17,493,000$17,615,000$17,329,000$17,963,000$16,622,000$15,369,000$14,784,000$14,525,000$13,731,000$13,154,000$12,990,000$12,283,000$11,762,000$14,553,000$13,578,000$13,058,000$13,986,000$12,893,000$16,790,000$15,586,000$16,663,000$14,710,000$15,892,000$16,286,000$14,907,000$14,316,000$14,159,000$14,419,000$15,033,000$14,381,000$16,534,000$16,157,000$18,445,000$19,698,000$18,804,000$
Equity to Common Shareholders1,858,734,000$1,928,321,000$1,826,323,000$1,671,086,000$1,525,436,000$1,451,032,000$1,376,457,000$1,263,113,000$1,153,313,000$1,078,562,000$1,029,413,000$944,672,000$824,147,000$940,998,000$1,038,413,000$989,996,000$893,039,000$799,399,000$695,219,000$791,779,000$819,784,000$772,205,000$696,520,000$602,306,000$525,723,000$531,422,000$498,178,000$199,126,000$384,327,000$379,958,000$372,661,000$340,953,000$307,596,000$311,210,000$271,966,000$251,178,000$222,703,000$235,319,000$230,695,000$209,387,000$187,456,000$194,341,000$183,210,000$177,031,000$160,712,000$201,545,000$204,444,000$(552,014,000$)
Additional Paid-In Capital728,646,000$723,495,000$693,799,000$689,980,000$
Retained Earnings1,862,936,000$1,844,101,000$1,764,512,000$1,622,535,000$1,492,634,000$1,427,891,000$1,359,100,000$1,241,161,000$1,092,208,000$1,008,270,000$913,551,000$788,780,000$626,215,000$550,011,000$477,790,000$335,822,000$158,876,000$121,918,000$57,386,000$(8,666,000$)(75,202,000$)(86,903,000$)(133,011,000$)(205,669,000$)(267,619,000$)(261,986,000$)(277,725,000$)(278,727,000$)17,582,000$22,017,000$11,631,000$(11,976,000$)(39,214,000$)(29,007,000$)(56,746,000$)(70,289,000$)(83,678,000$)(61,729,000$)(67,109,000$)(87,170,000$)(101,778,000$)(86,484,000$)(96,593,000$)(105,918,000$)(114,590,000$)(46,608,000$)(40,900,000$)(109,454,000$)
Treasury Stock1,325,713,000$1,219,408,000$1,140,578,000$920,999,000$318,691,000$316,049,000$315,935,000$139,313,000$10,959,000$10,949,000$10,859,000$10,853,000$10,461,000$10,200,000$10,162,000$10,162,000$9,863,000$9,117,000$9,035,000$9,033,000$8,277,000$7,958,000$442,787,000$443,561,000$436,984,000$437,990,000$438,404,000$439,009,000$440,995,000$441,822,000$442,418,000$443,660,000$445,065,000$446,479,000$447,674,000$447,992,000$
Capital Lease Obligations74,199,000$68,237,000$54,786,000$51,435,000$55,235,000$31,388,000$24,930,000$23,284,000$23,944,000$13,216,000$