Advanced Drainage Systems, Inc. (FRA:6DA)

Advanced Drainage Systems Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	2,987	2,904	2,874	3,071	2,769	1,983
Revenue Growth (YoY)	2.48%	1.04%	-6.40%	10.90%	39.67%	18.46%
Cost of Revenue	1,846	1,808	1,729	1,953	1,950	1,293
Gross Profit	1,141	1,097	1,146	1,118	819.57	690.28
Selling, General & Admin	398.96	372.88	370.71	338	309.84	267.57
Amortization of Goodwill & Intangibles	56.1	52.57	51.47	55.2	63.97	73.71
Operating Expenses	455.06	425.45	422.18	393.2	373.81	341.28
Operating Income	685.62	671.05	723.77	725.21	445.75	349
Interest Expense	-91.97	-91.8	-88.86	-70.18	-33.55	-35.66
Interest & Investment Income	22.3	23.49	22.05	9.78	0.05	-
Earnings From Equity Investments	3.6	4.17	5.54	4.84	1.59	0.2
Currency Exchange Gain (Loss)	0.12	0.12	-0.44	-2.28	-0.32	-
Other Non Operating Income (Expenses)	2.06	0.23	1.87	0.47	5.42	3.4
EBT Excluding Unusual Items	621.73	607.25	663.92	667.84	418.93	316.94
Merger & Restructuring Charges	-18.68	-9.76	-	-1.5	-	-
Gain (Loss) on Sale of Assets	5.95	-3.86	8.37	-4.4	-3.4	-4.28
Other Unusual Items	-	-	-	-	-30.44	-0.2
Pretax Income	609	593.64	672.29	661.94	385.1	312.47
Income Tax Expense	149.33	141.06	159	150.59	110.07	86.38
Earnings From Continuing Operations	459.67	452.57	513.29	511.35	275.03	226.09
Minority Interest in Earnings	-1.34	-2.4	-3.38	-4.27	-3.7	-1.86
Net Income	458.33	450.17	509.92	507.09	271.33	224.23
Preferred Dividends & Other Adjustments	-	-	-	-	41.8	38.84
Net Income to Common	458.33	450.17	509.92	507.09	229.53	185.39
Net Income Growth	-6.89%	-11.72%	0.56%	86.89%	21.01%	-
Shares Outstanding (Basic)	78	78	78	82	71	70
Shares Outstanding (Diluted)	78	78	79	83	73	72
Shares Change (YoY)	-0.21%	-1.05%	-5.18%	14.30%	1.88%	12.14%
EPS (Basic)	5.90	5.80	6.52	6.16	3.22	2.64
EPS (Diluted)	5.86	5.76	6.45	6.08	3.15	2.59
EPS Growth	-6.67%	-10.70%	6.09%	93.02%	21.62%	-
Free Cash Flow	529.23	368.55	534.12	540.9	125.81	373.46
Free Cash Flow Per Share	6.77	4.71	6.76	6.49	1.73	5.22
Dividend Per Share	0.680	0.640	0.560	0.480	0.440	0.360
Dividend Growth	13.33%	14.29%	16.67%	9.09%	22.22%	-
Gross Margin	38.19%	37.76%	39.87%	36.42%	29.59%	34.81%
Operating Margin	22.96%	23.11%	25.18%	23.61%	16.10%	17.60%
Profit Margin	15.35%	15.50%	17.74%	16.51%	8.29%	9.35%
Free Cash Flow Margin	17.72%	12.69%	18.58%	17.61%	4.54%	18.83%
EBITDA	867.92	836.11	862.19	853.97	571.14	477.18
EBITDA Margin	29.06%	28.79%	30.00%	27.81%	20.62%	24.07%
D&A For EBITDA	182.3	165.05	138.42	128.76	125.39	128.18
EBIT	685.62	671.05	723.77	725.21	445.75	349
EBIT Margin	22.96%	23.11%	25.18%	23.61%	16.10%	17.60%
Effective Tax Rate	24.52%	23.76%	23.65%	22.75%	28.58%	27.64%
Advertising Expenses	-	10.6	10.2	8.5	6	4.1

Source: S&P Global Market Intelligence. Standard template. Financial Sources.