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Advanced Drainage Systems stock: growth
WMSAdvanced Drainage Systems reported $3.05B in revenue for fiscal 2026, up 5% on the prior year, up 9% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
8.8%
per year from 2011 to 2026, per share 6%
Earnings (Annual rate)
41.4%
per year from 2011 to 2026, per share 42%
Free cash flow (Annual rate)
33.8%
per year from 2011 to 2026, per share 30.4%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2011 | |
|---|---|---|---|
| Revenue | 9.0% | 9.0% | 8.8% |
| Revenue per share | 6.8% | 5.1% | 6.0% |
| Earnings | 13.7% | 35.4% | 41.4% |
| Earnings per share | 15.7% | 30.6% | 42.0% |
| Free cash flow | 8.8% | 20.3% | 33.8% |
| Free cash flow per share | 6.6% | 16.0% | 30.4% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2011 | $863.14M | $2.35M | $7.19M |
| 2012 | $1.01B | $43.26M | $27.13M |
| 2013 | $1.02B | $20.66M | $35.52M |
| 2014 | $1.07B | $11.12M | $18.52M |
| 2015 | $1.18B | $26.3M | $32.47M |
| 2016 | $1.29B | $20.63M | $89.87M |
| 2017 | $1.26B | $32.95M | $52.94M |
| 2018 | $1.33B | $62.01M | $95.41M |
| 2019 | $1.38B | $77.77M | $108.27M |
| 2020 | $1.67B | −$193.17M | $238.51M |
| 2021 | $1.98B | $224.23M | $373.46M |
| 2022 | $2.77B | $271.33M | $125.81M |
| 2023 | $3.07B | $507.09M | $540.9M |
| 2024 | $2.87B | $509.92M | $534.12M |
| 2025 | $2.9B | $450.17M | $368.55M |
| 2026 | $3.05B | $426.47M | $569.29M |
Revenue by region
Where Advanced Drainage Systems, Inc. generates its revenue.
- United States94%
- Canada4%
- Other2%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2025 | 2026 | Share 2026 | |
|---|---|---|---|
| United States | $2.71B | $2.86B | 93.7% |
| Canada | $119.49M | $119.27M | 3.9% |
| Other | $75.14M | $73.55M | 2.4% |
| Total revenue | $2.9B | $3.05B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 6 Nov 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.