Advanced Drainage Systems revenue and financials
$125.99Change from previous close: −3.14%Absolute change: −$4.08
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 4,510 | 4,506 | 4,144 | 4,079 | 3,910 | 3,690 | 3,602 | 3,536 | 3,448 | 3,269 | 3,162 | 3,138 |
| Current assets | 1,241 | 1,231 | 1,705 | 1,673 | 1,517 | 1,325 | 1,245 | 1,492 | 1,424 | 1,300 | 1,238 | 1,232 |
| Cash and equivalents | 162 | 223 | 1,008 | 813 | 638 | 463 | 489 | 613 | 542 | 490 | 561 | 470 |
| Receivables | 459 | 391 | 238 | 400 | 380 | 333 | 248 | 358 | 369 | 324 | 241 | 353 |
| Inventory | 549 | 543 | 431 | 424 | 454 | 488 | 476 | 487 | 488 | 464 | 405 | 385 |
| Net property, plant and equipment | 1,230 | 1,291 | 1,154 | 1,111 | 1,079 | 1,120 | 1,018 | 955 | 928 | 930 | 811 | 774 |
| Goodwill | 1,043 | 1,043 | 725 | 725 | 726 | 720 | 721 | 617 | 617 | 617 | 617 | 620 |
| Other intangible assets | 828 | 849 | 410 | 424 | 437 | 448 | 462 | 329 | 341 | 353 | 366 | 382 |
| Current liabilities | 586 | 509 | 413 | 481 | 472 | 398 | 388 | 467 | 493 | 440 | 409 | 428 |
| Accounts payable | 298 | 238 | 169 | 226 | 227 | 218 | 184 | 273 | 265 | 254 | 208 | 224 |
| Long-term debt | 1,605 | 1,604 | 1,274 | 1,246 | 1,247 | 1,246 | 1,250 | 1,251 | 1,252 | 1,249 | 1,262 | 1,264 |
| Total debt | 1,766 | 1,793 | 1,446 | 1,431 | 1,430 | — | — | — | — | — | — | — |
| Total liabilities | 2,692 | 2,623 | 2,194 | 2,233 | 2,220 | 2,147 | 2,133 | 2,142 | 2,166 | 2,097 | 2,062 | 2,089 |
| Total equity (incl. minority) | 1,818 | 1,882 | 1,951 | 1,847 | 1,690 | 1,543 | 1,469 | 1,394 | 1,281 | 1,172 | 1,100 | 1,049 |
| Retained earnings | 2,016 | 1,863 | 1,844 | 1,765 | 1,623 | 1,493 | 1,428 | 1,359 | 1,241 | 1,092 | 1,008 | 914 |
| Minority interest | 26.7 | 23.6 | 22.4 | 20.2 | 19.2 | 17.7 | 18.1 | 17.6 | 17.9 | 18.8 | 21.6 | 19.4 |