Advanced Drainage Systems, Inc. (WMS)
Market Cap | 8.96B |
Revenue (ttm) | 2.93B |
Net Income (ttm) | 493.59M |
Shares Out | 78.69M |
EPS (ttm) | 6.03 |
PE Ratio | 18.88 |
Forward PE | 20.52 |
Dividend | $0.56 (0.49%) |
Ex-Dividend Date | Aug 31, 2023 |
Volume | 461,104 |
Open | 114.82 |
Previous Close | 113.83 |
Day's Range | 113.48 - 114.93 |
52-Week Range | 75.02 - 136.53 |
Beta | 1.41 |
Analysts | Buy |
Price Target | 142.00 (+24.75%) |
Earnings Date | Nov 2, 2023 |
About WMS
Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, and drainage solutions for use in the construction and agriculture marketplaces in the United States, Canada, Mexico, and internationally. The company operates through Pipe, International, Infiltrator, and Allied Products & Other segments. It offers single, double, and triple wall corrugated polypropylene and polyethylene pipes; plastic leachfield chambers and systems, EZflow synthetic aggregate bundles, mecha... [Read more]
Financial Performance
In 2022, WMS's revenue was $3.07 billion, an increase of 10.90% compared to the previous year's $2.77 billion. Earnings were $507.09 million, an increase of 86.89%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for WMS stock is "Buy." The 12-month stock price forecast is $142.0, which is an increase of 24.75% from the latest price.
News

Advanced Drainage Systems Issues Fiscal 2023 Sustainability Report
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider of innovative water management solutions, issued its Fiscal 2023 Sustainability Report today, dem...

Ohio Environmental Protection Agency Names ADS "Gold" in 2023 Encouraging Environmental Excellence Awards
ADS honored for water quality protection, recycling and commitment to innovation HILLIARD, Ohio , Sept. 20, 2023 /PRNewswire/ -- Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider o...

Advanced Drainage Systems Joins the UN Global Compact
HILLIARD, Ohio , Aug. 29, 2023 /PRNewswire/ -- Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider of innovative water management solutions and one of the largest plastic recycling c...

Advanced Drainage Systems Announces Quarterly Cash Dividend
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic ...

Advanced Drainage Systems Announces First Quarter Fiscal 2024 Results
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic w...

Advanced Drainage Systems to Announce First Quarter Fiscal Year 2024 Results on August 3, 2023
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite septic wastewater management products and solutio...

Advanced Drainage Systems Honored for Work in Sustainability, Corporate Responsibility and Overall Business Operations
ADS Awarded Top Honors in American Business Awards and Fast Company for business practices that protect the environment and human health HILLIARD, Ohio , July 11, 2023 /PRNewswire/ -- Advanced Drainag...

Advanced Drainage Systems Identified as a Corporate Climate Leader
ADS recognized by USA TODAY for significantly reducing greenhouse gas emissions intensity HILLIARD, Ohio , June 22, 2023 /PRNewswire/ -- Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading pr...

Advanced Drainage Systems Announces Increase in Quarterly Cash Dividend
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic ...

Advanced Drainage Systems Announces Fourth Quarter and Fiscal Year 2023 Results
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic ...

Advanced Drainage Systems to Announce Fourth Quarter and Fiscal Year 2023 Results on May 18, 2023
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite septic wastewater management products and solutio...

Advanced Drainage Systems Announces Third Quarter Fiscal 2023 Results
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic...

ADS Foundation Donates $3 Million to Nationwide Children's Hospital to Support Professional Development in Pediatric Behavioral Health
Innovative Funding to Support Talent Pipeline for Much-Needed Behavioral Health Professionals HILLIARD and COLUMBUS, Ohio , Jan. 25, 2023 /PRNewswire/ -- Nationwide Children's Hospital and Advanced Dr...

Advanced Drainage Systems Announces Retirement of Roy Moore, Executive Vice President, Infiltrator
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septi...

Advanced Drainage Systems to Announce Third Quarter Fiscal Year 2023 Results on February 2, 2023
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite septic wastewater management products and solut...

ADS Foundation Donates to The Nature Conservancy to Support Water Protection Efforts in Four States
HILLIARD, Ohio , Jan. 5, 2023 /PRNewswire/ -- Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider of innovative water management solutions in the stormwater and on-site septic wastew...

Texas Department of Transportation Issues Special Specification Allowing for Use of Thermoplastic Pipe in Stormwater Applications
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septi...

ADS Foundation Donates to the Florida Disaster Fund in Support of Hurricane Ian and Hurricane Nicole Recovery in the State
HILLIARD, Ohio , Nov. 17, 2022 /PRNewswire/ -- Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider of innovative water management solutions in the stormwater and on-site septic waste...

Advanced Drainage Systems Announces Second Quarter Fiscal 2023 Results
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic w...

Advanced Drainage Systems to Announce Second Quarter Fiscal Year 2023 Results on November 3, 2022
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite septic wastewater management products and solutio...

Advanced Drainage Systems Welcomes National Academy of Sciences Committee for Tour of Recycling, Research and Manufacturing Facilities
The Repurposing Plastic Waste in Infrastructure Committee is researching how recycled materials can be used in the nation's infrastructure projects HILLIARD, Ohio , Sept. 23, 2022 /PRNewswire/ -- Adva...

ADS Announces $65 Million Expansion in Hilliard, Ohio
New industry-leading ADS Engineering & Technology Center to add jobs, and expand state-of-the-art capabilities inmaterials science, manufacturing technologies and stormwater and onsite septic wastewat...

Advanced Drainage Systems Announces First Quarter Fiscal 2023 Results
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic w...

Advanced Drainage Systems Releases Fiscal Year 2022 Sustainability Report
Report details impressive progress across the company's environmental impact, operational excellence, employees, community and partnerships, as well as governance and stakeholder engagement HILLIARD, ...