Advanced Drainage Systems, Inc.

WMSNYSEIndustrials● Active

$130.15

$-1.05(-0.80%)

Market Cap$10.0B

P/E Ratio—

52W High$179.315

52W Low$109.63

Avg Volume936K

Open$129.76

Beta1.29

Overview

Advanced Drainage Systems, Inc. (WMS) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

WMS · net income · updated Jun 8, 2026

Core profitability metrics

WMS · net income · margin · TTM · CAGR

Net income was $426.5M for FY2026 (fiscal year ending 2026-03-31), down 5.3% year-over-year. Net profit margin was 14.0%. Based on available data, Advanced Drainage Systems, Inc. has been profitable since at least 2012.

FY2026 Net Income$426.5M▼ -5.3% YoY

Trailing 12M (TTM)$426.5Mtrailing 4 quarters sum

Net Profit Margin14.0%$426.5M ÷ $3.05B

YoY Change-5.3%—

5-Year CAGR+13.7%FY2020 → FY2026

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2012

▸ FMP /income-statement · Annual · WMS net income history · WMS profit margin

Annual net income data

WMS · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2026$426.5M▼ 5.3%14.0%$3.05B

FY2025$450.2M▼ 11.7%15.5%$2.90B

FY2024$509.9M▲ +0.6%17.7%$2.87B

FY2023$507.1M▲ +86.9%16.5%$3.07B

FY2022$271.3M▲ +21.0%9.8%$2.77B

Net income vs peers (Industrials)

WMS vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

Advanced Drainage Systems, Inc.YOU

WMS

$426.5M-5.3%14.0%

Union Pacific Corporation

Industrials · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

Advanced Drainage Systems, Inc. (WMS) reported net income of $426.5M for FY2026 (fiscal year ending 2026-03-31), down 5.3% year-over-year. The net profit margin was 14.0% — meaning the company kept $0.14 of every dollar of revenue as profit.

Based on available data, Advanced Drainage Systems, Inc. has been profitable since at least 2012. Net income reached a peak of $509.9M in FY2024. Data available for 15 fiscal years.

Advanced Drainage Systems, Inc.'s net profit margin was 14.0% for FY2026, based on the latest annual results.

Investors sometimes search for "Advanced Drainage Systems, Inc. net worth" — the company's market capitalization is a separate figure from WMS net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

WMS net income · 5 questions

Advanced Drainage Systems, Inc. is profitable. The company reported net income of $426.5M for FY2026, a net profit margin of 14.0%. Net income was down 5.3% year-over-year. Based on available data, Advanced Drainage Systems, Inc. has been profitable since at least 2012.

is WMS profitabledoes WMS make a profitWMS profitabilityWMS profitable company

▸ Source: FMP /income-statement · GAAP · Advanced Drainage Systems, Inc. · Advanced Drainage Systems, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026