Advanced Drainage Systems Income Statement

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

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	2,989	2,904	2,874	3,071	2,769	1,983
Revenue Growth (YoY)	1.60%	1.04%	-6.40%	10.90%	39.67%	18.46%
Cost of Revenue	1,833	1,810	1,729	1,953	1,950	1,293
Gross Profit	1,156	1,094	1,146	1,118	800.38	690.08
Selling, General & Admin	423.34	380.38	370.71	339.5	340.28	267.57
Depreciation & Amortization Expenses	55.18	52.57	51.47	55.2	63.97	73.71
Other Operating Expenses	-5.39	3.86	-8.37	4.4	3.4	4.28
Total Operating Expenses	473.13	436.81	413.82	399.1	407.65	345.56
Operating Income	682.85	657.44	732.13	719.31	392.74	344.53
Interest Expense	-119.64	-115.64	-112.35	-78.15	-38.69	-35.66
Other Non-Operating Income (Expense)	-	-	-	-	-	3.4
Total Non-Operating Income (Expense)	-119.64	-115.64	-112.35	-78.15	-38.69	-32.25
Pretax Income	619.58	589.47	666.75	657.1	383.51	312.27
Provision for Income Taxes	152.8	141.06	159	150.59	110.07	86.38
Net Income	470.72	450.17	509.92	507.09	271.33	224.23
Minority Interest in Earnings	0.69	2.4	3.38	4.27	3.7	1.86
Net Income to Common	470.72	450.17	509.92	507.09	271.33	224.23
Net Income Growth	0.62%	-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)	-0.00%	-1.05%	-5.18%	14.30%	1.88%	18.92%
EPS (Basic)	6.05	5.81	6.52	6.16	3.22	2.64
EPS (Diluted)	6.01	5.76	6.45	6.08	3.15	2.59
EPS Growth	0.50%	-10.70%	6.09%	93.02%	21.62%	-
Free Cash Flow	577.09	368.55	534.12	540.9	125.81	373.46
Free Cash Flow Growth	56.58%	-31.00%	-1.25%	329.95%	-66.31%	56.58%
Free Cash Flow Per Share	7.38	4.71	6.76	6.49	1.73	5.22
Dividends Per Share	0.700	0.640	0.560	0.480	0.440	0.360
Dividend Growth	9.38%	14.29%	16.67%	9.09%	22.22%	-
Gross Margin	38.67%	37.68%	39.87%	36.42%	28.90%	34.80%
Operating Margin	22.84%	22.64%	25.47%	23.42%	14.18%	17.38%
Profit Margin	15.77%	15.58%	17.86%	16.65%	9.93%	11.40%
FCF Margin	19.30%	12.69%	18.58%	17.61%	4.54%	18.84%
EBITDA	888.9	840.72	887.03	864.46	534.55	490.11
EBITDA Margin	29.74%	28.95%	30.86%	28.15%	19.30%	24.72%
EBIT	682.85	657.44	732.13	719.31	392.74	344.53
EBIT Margin	22.84%	22.64%	25.47%	23.42%	14.18%	17.38%
Effective Tax Rate	24.66%	23.93%	23.85%	22.92%	28.70%	27.66%

Updated Feb 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q