Advanced Drainage Systems revenue and financials
$125.97Change from previous close: −3.15%Absolute change: −$4.10
In the fiscal year ended March 2026, Advanced Drainage Systems reported revenue of $3.05B (+5.03% year over year). Net income was $426.47M, a net margin of 14.0%.
Fiscal year ending in March. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +5.03%
- FY to Mar 2026 vs FY to Mar 2025
- Net income growth
- −5.27%
- FY to Mar 2026 vs FY to Mar 2025
- Net margin
- 14.0%
- FY to Mar 2025: 15.5%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | FY to Mar 2026 | FY to Mar 2025 | FY to Mar 2024 | FY to Mar 2023 | FY to Mar 2022 |
|---|---|---|---|---|---|
| Total revenue | 3,050 | 2,904 | 2,874 | 3,071 | — |
| Cost of revenue | 1,883 | 1,810 | 1,729 | 1,953 | — |
| Gross profit | 1,167 | 1,094 | 1,146 | 1,118 | — |
| Selling, general and administrative | 470 | 380 | 371 | 340 | — |
| Operating income | 638 | 661 | 724 | 724 | — |
| EBIT | 654 | 681 | 756 | 727 | — |
| EBITDA | 870 | 865 | 911 | 872 | — |
| Interest expense | 93.9 | 91.8 | 88.9 | 70.2 | — |
| Pre-tax income | 560 | 589 | 667 | 657 | — |
| Income tax | 135 | 141 | 159 | 151 | — |
| Net income | 426 | 450 | 510 | 507 | — |
| Net income to common shareholders | 426 | 450 | 510 | 507 | — |
| Basic EPS | 5.48 | 5.81 | 6.52 | 6.16 | — |
| Diluted EPS | 5.44 | 5.76 | 6.45 | 6.08 | — |
| Average shares (basic) | 77.8 | 77.5 | 78.3 | 82.3 | — |
| Average shares (diluted) | 78.4 | 78.2 | 79.0 | 83.3 | — |