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Advanced Drainage Systems (WMS)
NYSE:WMS
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Advanced Drainage Systems (WMS) Price & Analysis

413 Followers

WMS Stock Chart & Stats

$141.84
$1.35(0.95%)
At close: 4:00 PM EDT
$141.84
$1.35(0.95%)

Bulls Say, Bears Say

Bulls Say
Cash GenerationADS converts earnings to cash at a high rate: operating cash flow materially exceeds net income (~1.6x) and free cash flow covers ~70% of profits. That durable cash conversion underpins capex, dividends, buybacks and M&A capacity, supporting long-term financial flexibility through cycles.
Sustained Margin ProfileADS maintains above-industry gross and net margins (TTM ~37% and ~14%), reflecting a favorable product mix and manufacturing scale. Higher-margin Infiltrator and Allied product growth has raised portfolio margins, providing durable earnings power less tied to commodity pipe volumes alone.
Strategic M&A & IntegrationThe NDS acquisition expanded ADS’s product set (residential, landscape, allied products) and delivered immediate sales contribution and cross-sell opportunities. Successful integration increases addressable markets and diversification of revenue streams, strengthening long-term growth optionality and commercial scale.
Bears Say
Thin Equity CushionThe most recent TTM snapshot shows equity unusually low versus debt/assets, reducing the company’s loss-absorbing buffer. That structural weakness raises sensitivity to cyclical downturns or impairment risk and constrains financial flexibility despite moderate leverage historically.
Input-cost CyclicalityADS faces structural exposure to resin and transportation cost cycles. Timing mismatches between procurement, FIFO inventory effects and pricing mean margins can swing materially quarter-to-quarter even if full-year passthroughs are achievable, creating persistent margin volatility risk.
Demand Concentration & Residential SoftnessEnd-market exposure shows pockets of weakness—residential and some regional markets—making revenue sensitive to housing affordability and geographic pockets. Concentration in nonresidential strength and uneven regional demand increases cyclicality and execution risk across project-driven sales.

Advanced Drainage Systems News

WMS FAQ

What was Advanced Drainage Systems’s price range in the past 12 months?
Advanced Drainage Systems lowest stock price was $128.03 and its highest was $179.31 in the past 12 months.
    What is Advanced Drainage Systems’s market cap?
    Advanced Drainage Systems’s market cap is $11.38B.
      When is Advanced Drainage Systems’s upcoming earnings report date?
      Advanced Drainage Systems’s upcoming earnings report date is Oct 29, 2026 which is in 73 days.
        How were Advanced Drainage Systems’s earnings last quarter?
        Advanced Drainage Systems released its earnings results on Aug 06, 2026. The company reported $2.49 earnings per share for the quarter, beating the consensus estimate of $2.103 by $0.387.
          Is Advanced Drainage Systems overvalued?
          According to Wall Street analysts Advanced Drainage Systems’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Advanced Drainage Systems pay dividends?
            Advanced Drainage Systems pays a Quarterly dividend of $0.2 which represents an annual dividend yield of 0.49%. See more information on Advanced Drainage Systems dividends here
              What is Advanced Drainage Systems’s EPS estimate?
              Advanced Drainage Systems’s EPS estimate is 1.85.
                How many shares outstanding does Advanced Drainage Systems have?
                Advanced Drainage Systems has 75,405,340 shares outstanding.
                  What happened to Advanced Drainage Systems’s price movement after its last earnings report?
                  Advanced Drainage Systems reported an EPS of $2.49 in its last earnings report, beating expectations of $2.103. Following the earnings report the stock price went down -0.762%.
                    Which hedge fund is a major shareholder of Advanced Drainage Systems?
                    Currently, no hedge funds are holding shares in WMS
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Advanced Drainage Systems

                      Advanced Drainage Systems, Inc., established in Hilliard, Ohio in 1966, is a leading provider of innovative water management solutions. The company specializes in the design, manufacturing, and global distribution of thermoplastic corrugated pipes and related drainage products, primarily targeting the underground construction and infrastructure sectors across the United States, Canada, Mexico, and other international territories. Its operations are structured across four key segments: Pipe, International, Infiltrator, and Allied Products & Other. ADS offers a wide array of products, including single, double, and triple-wall corrugated pipes made from polypropylene and polyethylene. Beyond basic piping, their extensive catalog features sophisticated water management systems such as plastic leachfield chambers, EZflow synthetic aggregate bundles, advanced mechanical aeration wastewater solutions, septic tanks and accessories, and integrated treatment and dispersal units. Furthermore, the company supplies allied products like storm retention, detention, and septic chambers, polyvinyl chloride drainage structures, various fittings, and water quality filters and separators. ADS also distributes construction fabrics and other geosynthetic materials vital for soil stabilization, reinforcement, filtration, erosion control, and sub-surface drainage, alongside drainage grates. These products cater to a broad spectrum of applications, including residential, non-residential, agricultural, and large-scale infrastructure projects, supported by approximately 38 distribution centers.

                      Advanced Drainage Systems (WMS) Earnings & Revenues

                      WMS Company Deck

                      WMS Earnings Call

                      Q1 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call highlighted a very strong fiscal first quarter with record revenue, robust adjusted EBITDA and margin expansion, strong free cash flow and successful early integration of the NDS acquisition. Those positives were balanced against clear near-term headwinds from higher procured resin and transportation costs, expected sequential margin pressure in Q2–Q3, and some residential market softness. Management has pricing and recycling levers and expects to offset inflation on a full-year dollar-for-dollar basis, though timing will create short-term cadence and margin volatility.View all WMS earnings summaries

                      WMS Net sales Breakdown

                      55.91%55.91%22.53%14.40%7.16%
                      55.91% Pipe
                      22.53% Allied Products & Other
                      14.40% Infiltrator
                      7.16% International
                      tipranks

                      WMS Stock 12 Month Forecast

                      Average Price Target

                      $188.38
                      ▲(32.81% Upside)
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