ADVANCED DRAINAGE SYSTEMS, INC.
Financial highlights
| Metric | FY 03/31/26 | FY 03/31/25 | FY 03/31/24 | FY 03/31/23 | FY 03/31/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $3.1B | $2.9B | $2.9B | $3.1B | $2.8B |
| Gross profit | $1.2B | $1.1B | $1.1B | $1.1B | $800.4M |
| Operating income | $619.2M | $657.4M | $732.1M | $719.3M | $411.9M |
| Pretax income | $559.8M | $589.5M | $666.8M | $657.1M | $383.5M |
| Income tax expense | $135.0M | $141.1M | $159.0M | $150.6M | $110.1M |
| Net income | $426.5M | $450.2M | $509.9M | $507.1M | $271.3M |
| Balance Sheet | |||||
| Cash and equivalents | $223.0M | $463.3M | $490.2M | $217.1M | $20.1M |
| Current assets | $1.2B | $1.3B | $1.3B | $1.0B | $871.9M |
| Total assets | $4.5B | $3.7B | $3.3B | $2.9B | $2.6B |
| Current liabilities | $509.5M | $398.4M | $439.6M | $378.8M | $391.2M |
| Total liabilities | $2.5B | $2.1B | $2.0B | $1.9B | $1.5B |
| Total debt | $1.6B | $1.3B | $1.3B | $1.3B | $929.8M |
| Stockholders' equity | $1.9B | $1.5B | $1.2B | $824.1M | $893.0M |
| Cash Flow Statement | |||||
| Cash from operations | $819.1M | $581.5M | $717.9M | $707.8M | $274.9M |
| Depreciation and amortization | $154.4M | $128.8M | $100.3M | $86.0M | $73.5M |
| Stock-based compensation | $32.4M | $26.6M | $32.0M | $21.7M | $24.2M |
| Capital expenditure | $249.8M | $212.9M | $183.8M | $166.9M | $149.1M |
| Free cash flow | $569.3M | $368.5M | $534.1M | $540.9M | $125.8M |
| Dividends paid | $56.1M | $49.7M | $44.0M | $39.6M | $37.0M |
| Share repurchases | $92.0M | $69.9M | $207.3M | $575.0M | $292.0M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 77.9M · Free float 80.3%
Annual filing data through FY ended March 31, 2026; float as of July 4, 2026.