profit from every $100 of sales.

Advanced Drainage Systems
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2026.
You pay $21.74 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Advanced Drainage Systems sold, what it kept, and what it did with the cash.
Sales went from $3.07 billion in 2023 to $3.05 billion in 2026, with $426 million of profit last year.
Advanced Drainage Systems handed back 26% of the cash it generated last year.
Advanced Drainage Systems vs. similar companies
Advanced Drainage Systems grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Advanced Drainage Systems | 21.7× · Fair price | ||
Trane Technologies | 31.3× · Expensive | ||
Johnson Controls International | 29.6× · Fair price | ||
Carrier Global | 29.9× · Fair price | ||
Daikin Industries,Ltd. | 24.7× · Fair price |
AI analysis
An AI analyst reads Advanced Drainage Systems's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 1,983 | 2,769 | 3,071 | 2,874 | 2,904 | 3,050 | |
| 690 | 800 | 1,118 | 1,146 | 1,094 | 1,167 | |
| 345 | 412 | 724 | 724 | 661 | 638 | |
| – | – | 872 | 911 | 865 | 870 | |
| 224 | 271 | 507 | 510 | 450 | 426 | |
| 2.59 | 3.15 | 6.08 | 6.45 | 5.76 | 5.44 | |
| 34.8% | 28.9% | 36.4% | 39.9% | 37.7% | 38.3% | |
| 17.4% | 14.9% | 23.6% | 25.2% | 22.8% | 20.9% | |
| 11.3% | 9.8% | 16.5% | 17.7% | 15.5% | 14.0% |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Total assets | 2,414 | 2,650 | 2,901 | 3,269 | 3,690 | 4,506 |
| Cash | 195 | 20 | 217 | 490 | 463 | 223 |
| Total debt | 844 | 946 | 1,339 | 1,367 | 1,445 | 1,793 |
| Total liabilities | 1,350 | 1,545 | 1,906 | 1,988 | 2,055 | 2,550 |
| 834 | 910 | 977 | 1,262 | 1,618 | 1,932 | |
| 72 | 73 | 83 | 79 | 78 | 78 | |
| – | – | 24.8% | 22.7% | 17.6% | 13.9% | |
| 26.9% | 29.8% | 51.9% | 40.4% | 27.8% | 22.1% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 452 | 275 | 708 | 718 | 581 | 819 | |
| 79 | 149 | 167 | 184 | 213 | 250 | |
| 373 | 126 | 541 | 534 | 369 | 569 | |
| Dividends paid | 32 | 37 | 40 | 44 | 50 | 56 |
| 0 | 292 | 575 | 207 | 70 | 92 | |
| 65 | 24 | 22 | 32 | 27 | 32 |
Valuation
- 21.7×
- 18.8×
- 1.36
- 5.0×
- 3.0×
- 16.3×
- 12.5×
- 6.1%
- 4.6%
- 0.5%
Profitability
- 38.3%
- 20.9%
- 14.0%
- 29.9%
- 14.2%
- 20.2%
- 25.8%
- 11.4%
- 18.3%
- –
Growth
- +9.0%
- +16.0%
- −31.0%
- +14.2%
- −2.0%
Financial health
- 1.8×
- 0.93
- 34.9%
- 7.0×
- 2.42
- 3.08
- 0.72
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $202.67
- Range
- $195.00 – $215.00
- 7 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Feb 5, 2026 | 1.27 | 1.11 | +14.4% |
| Nov 6, 2025 | 1.97 | 1.64 | +20.1% |
| Aug 7, 2025 | 1.95 | 1.75 | +11.4% |
| May 15, 2025 | 1.03 | 1.06 | −2.8% |
| Feb 6, 2025 | 1.09 | 1.34 | −18.7% |
| Nov 8, 2024 | 1.70 | 1.90 | −10.5% |
| Aug 8, 2024 | 2.06 | 2.08 | −1.0% |
| May 16, 2024 | 1.21 | 1.01 | +19.8% |
Paid per share, each year
$0.19 in 2015 → $0.70 in 2025
How safe it looks
13.2% of its profit
Room to growStretchedMore than it earns: 9.9%
News
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Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Advanced Drainage Systems
Is Advanced Drainage Systems a good stock to buy?
A solid business at a fair price. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Advanced Drainage Systems AI analysis
What does Advanced Drainage Systems do?
Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products in the United States, Canada, and internationally. The company operates through Stormwater and Wastewater segments. It is in Building Products & Equipment, based in Hilliard, OH, United States, with 6,425 employees.
Does Advanced Drainage Systems pay a dividend?
Yes. At today's price the dividend is 0.5% a year, about 13% of its yearly profit. In 2026 it paid out $56.1 million in dividends.
Is Advanced Drainage Systems stock halal?
Yes. Advanced Drainage Systems passes our halal screen: its business is permitted and its debt is 19% of its market value, under the 30% limit. How we check
How has Advanced Drainage Systems stock done over the past year?
Down 15.4% over the past twelve months, to $125.58. It traded between $122.63 and $175.38 and is 28.4% below its high.
Who are Advanced Drainage Systems's competitors?
The largest listed companies in the same industry are Trane Technologies, Johnson Controls International, Carrier Global and Daikin Industries,Ltd.. The peers table on this page compares their profit, growth and price with Advanced Drainage Systems's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



