Advanced Drainage Systems is a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries, providing superior drainage solutions for use in the construction and agriculture marketplace. For over 50 years, the Company has been manufacturing a variety of innovative and environmentally friendly alternatives to traditional materials. Its innovative products are used across a broad range of end markets and applications, including non-residential, residential, infrastructure and agriculture applications. The Company has established a leading position in many of these end markets by leveraging its national sales and distribution platform, overall product breadth and scale and manufacturing excellence. Founded in 1966, the Company operates a global network of approximately 60 manufacturing plants and 30 distribution centers.

Company profile
Ticker
WMS
Exchange
Website
CEO
D. Scott Barbour
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
ADS Ventures, Inc. • StormTech LLC • ADS Worldwide, Inc. • ADS Europe Holding B.V. • ADS Europe B.V. • ADS International, Inc. • ADS Mexicana, S.A. • ADSM Centro América, S.A. • CEDEIM Centro de Desarrollo, Educación e Investigación de México, S.A. de C.V. • Hancor of Canada, Inc. ...
WMS stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
2 Feb 23
8-K
Advanced Drainage Systems Announces Third Quarter
2 Feb 23
8-K
Advanced Drainage Systems Announces Retirement of Roy Moore, Executive Vice President
17 Jan 23
8-K
Regulation FD Disclosure
9 Nov 22
10-Q
2023 Q2
Quarterly report
3 Nov 22
8-K
Advanced Drainage Systems Announces Second Quarter
3 Nov 22
S-8
Registration of securities for employees
4 Aug 22
8-K
Advanced Drainage Systems Announces First Quarter
4 Aug 22
10-Q
2023 Q1
Quarterly report
4 Aug 22
8-K
Advanced Drainage Systems Elects Kelly Gast to Board of Directors
21 Jul 22
Transcripts
WMS
Earnings call transcript
2023 Q3
2 Feb 23
WMS
Earnings call transcript
2023 Q2
3 Nov 22
WMS
Earnings call transcript
2023 Q1
5 Aug 22
WMS
Earnings call transcript
2021 Q4
19 May 22
WMS
Earnings call transcript
2022 Q3
3 Feb 22
WMS
Earnings call transcript
2022 Q2
6 Nov 21
WMS
Earnings call transcript
2022 Q1
8 Aug 21
WMS
Earnings call transcript
2021 Q4
20 May 21
WMS
Earnings call transcript
2021 Q3
5 Feb 21
WMS
Earnings call transcript
2021 Q2
7 Nov 20
Latest ownership filings
4
Anil Seetharam
9 Mar 23
4
ROSS M JONES
9 Mar 23
4
KEVIN C TALLEY
7 Mar 23
4
D. SCOTT BARBOUR
17 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
SC 13G
PRINCIPAL FINANCIAL GROUP INC
7 Feb 23
4
ROY E. JR. MOORE
12 Jan 23
4
DARIN S. HARVEY
2 Dec 22
4
MICHAEL B. COLEMAN
1 Dec 22
4
MICHAEL G. HUEBERT
25 Nov 22
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Diluted EPS |
Annual (USD) | Mar 22 | Mar 21 | Mar 20 | Mar 19 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 426.69 mm | 426.69 mm | 426.69 mm | 426.69 mm | 426.69 mm | 426.69 mm |
Cash burn (monthly) | 10.22 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 29.84 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 396.85 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 38.8 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
13F holders | Current |
---|---|
Total holders | 355 |
Opened positions | 68 |
Closed positions | 88 |
Increased positions | 143 |
Reduced positions | 107 |
13F shares | Current |
---|---|
Total value | 5.17 tn |
Total shares | 83.64 mm |
Total puts | 65.90 k |
Total calls | 48.00 k |
Total put/call ratio | 1.4 |
Largest owners | Shares | Value |
---|---|---|
Advanced Drainage Systems, Inc. Employee Stock Ownership Plan | 12.37 mm | $1.68 bn |
Vanguard | 6.67 mm | $546.43 bn |
BLK Blackrock | 3.78 mm | $310.00 bn |
Berkshire Partners | 3.44 mm | $466.59 mm |
Bovill USA | 3.31 mm | $0.00 |
Impax Asset Management | 2.80 mm | $229.11 bn |
Capital International Investors | 2.44 mm | $200.42 bn |
Canada Pension Plan Investment Board | 1.98 mm | $162.50 bn |
IVZ Invesco | 1.98 mm | $162.18 bn |
Berkshire Partners | 1.83 mm | $149.73 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
7 Mar 23 | Jones Ross M | Common Stock | Other | Acquire J | No | No | 0 | 23,346 | 0.00 | 68,763 |
7 Mar 23 | Jones Ross M | Common Stock | Other | Dispose J | Yes | No | 0 | 28,880 | 0.00 | 0 |
7 Mar 23 | Jones Ross M | Common Stock | Other | Dispose J | Yes | No | 0 | 30,569 | 0.00 | 0 |
7 Mar 23 | Jones Ross M | Common Stock | Other | Dispose J | Yes | No | 0 | 1,767,235 | 0.00 | 1,467,649 |
7 Mar 23 | Anil Seetharam | Common Stock | Other | Acquire J | Yes | No | 0 | 466 | 0.00 | 1,196 |
7 Mar 23 | Anil Seetharam | Common Stock | Other | Acquire J | No | No | 0 | 2,131 | 0.00 | 9,040 |
7 Mar 23 | Anil Seetharam | Common Stock | Other | Dispose J | Yes | No | 0 | 28,880 | 0.00 | 0 |
7 Mar 23 | Anil Seetharam | Common Stock | Other | Dispose J | Yes | No | 0 | 30,569 | 0.00 | 0 |
7 Mar 23 | Anil Seetharam | Common Stock | Other | Dispose J | Yes | No | 0 | 1,767,235 | 0.00 | 1,467,649 |
3 Mar 23 | Talley Kevin C | Common Stock | Sell | Dispose S | No | No | 89.6706 | 22,006 | 1.97 mm | 40,019 |
News
Where Advanced Drainage Systems Stands With Analysts
27 Mar 23
Loop Capital Maintains Buy on Advanced Drainage Systems, Lowers Price Target to $115
27 Mar 23
Loop Capital Maintains Buy on Advanced Drainage Systems, Lowers Price Target to $115
24 Mar 23
Deutsche Bank Maintains Buy on Advanced Drainage Systems, Lowers Price Target to $125
21 Mar 23
Morgan Stanley Maintains Overweight on Advanced Drainage Systems, Lowers Price Target to $110
7 Feb 23
Press releases
Fair Isaac & Co. Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
3 Mar 23
Advanced Drainage Systems Announces Quarterly Cash Dividend
2 Feb 23
Advanced Drainage Systems Announces Third Quarter Fiscal 2023 Results
2 Feb 23
ADS Foundation Donates $3 Million to Nationwide Children's Hospital to Support Professional Development in Pediatric Behavioral Health
25 Jan 23
Advanced Drainage Systems Announces Retirement of Roy Moore, Executive Vice President, Infiltrator
17 Jan 23