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 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 260 | 269 | 235 | 275 | 41.2 | 190 | 167 | 183 | 17.7 | 241 | 215 | 244 |
| Depreciation and amortization | 62.2 | 51.5 | 54.7 | 50.2 | 31.4 | 47.8 | 44.8 | 41.1 | 26.4 | 38.1 | 36.7 | 37.2 |
| Capital expenditure | -57.2 | -85.7 | -58.4 | -52.6 | -46.5 | -54.2 | -54.5 | -57.7 | -47.4 | -53.8 | -40.5 | -42.1 |
| Investing cash flow | -55.0 | -81.2 | -35.4 | -69.9 | -45.0 | -291 | -54.3 | -57.2 | -39.8 | -53.7 | -40.3 | -21.9 |
| Financing cash flow | -269 | 3.2 | -24.7 | -31.1 | -21.8 | -21.3 | -40.7 | -73.9 | -47.9 | -93.1 | -69.9 | -73.5 |
| Dividends paid | -15.3 | -14.0 | -14.1 | -14.0 | -12.4 | -12.4 | -12.5 | -12.4 | -10.9 | -10.9 | -11.1 | -11.1 |
| Share repurchases | -244 | -0.4 | -0.0 | -6.7 | -0.0 | -0.1 | -20.7 | -59.8 | -29.1 | -76.7 | -53.9 | -56.5 |
| Debt issued | — | 27.2 | — | — | — | — | — | — | — | — | — | — |
| Debt repaid | -9.8 | -16.6 | -11.5 | -11.0 | -10.4 | -9.1 | -9.3 | -8.6 | -6.6 | -6.8 | -6.6 | -6.8 |
| Effect of exchange rates | 0.1 | 0.7 | -0.1 | 1.1 | 0.1 | -1.4 | -0.4 | -0.8 | -0.5 | 1.3 | -0.5 | 0.5 |
| Net change in cash | -71.6 | 192 | 175 | 175 | -25.5 | -124 | 71.5 | 51.5 | -70.5 | 95.9 | 104 | 149 |
| Free cash flow | 203 | 184 | 176 | 222 | -5.3 | 136 | 112 | 126 | -29.8 | 188 | 174 | 202 |
| Levered free cash flow | 192 | 154 | 147 | 201 | -42.0 | 107 | 75.8 | 110 | -25.9 | 134 | 165 | 186 |