ADVANCED DRAINAGE SYSTEMS financials
$128.49−1.75%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY26 Mar 31 | FY25 Mar 31 | FY24 Mar 31 | FY23 Mar 31 | FY22 Mar 31 | FY21 Mar 31 | FY20 Mar 31 | FY19 Mar 31 | FY18 Mar 31 | FY17 Mar 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.05B | $2.90B | $2.87B | $3.07B | $2.77B | $1.98B | $1.67B | $1.38B | $1.33B | $1.26B |
| Gross profit | $1.17B | $1.09B | $1.15B | $1.12B | $800.4M | $690.1M | $316.5M | $327.0M | $302.5M | $295.8M |
| Gross margin | 38.3% | 37.7% | 39.9% | 36.4% | 28.9% | 34.8% | 18.9% | 23.6% | 22.7% | 23.5% |
| Operating income | $638.4M | $661.3M | $723.8M | $723.7M | $415.3M | $348.8M | -$90.0M | $133.1M | $103.3M | $84.8M |
| Net income | $426.5M | $450.2M | $509.9M | $507.1M | $229.5M | $185.4M | -$204.7M | $70.2M | $55.6M | $28.0M |
| Net margin | 14.0% | 15.5% | 17.7% | 16.5% | 8.3% | 9.3% | −12.2% | 5.1% | 4.2% | 2.2% |
| Diluted EPS | $5.44 | $5.76 | $6.45 | $6.08 | $3.15 | $2.59 | $-3.21 | $1.22 | $0.99 | $0.50 |
| EBITDA | $854.7M | $844.6M | $878.7M | $868.9M | $557.1M | $494.4M | $34.9M | $205.0M | $103.3M | $157.2M |
| Operating cash flow | $819.1M | $581.5M | $717.9M | $707.8M | $274.9M | $452.2M | $306.2M | $151.7M | $137.1M | $104.2M |
| Free cash flow | $569.3M | $368.5M | $534.1M | $540.9M | $125.8M | $373.5M | $238.5M | $108.3M | $95.4M | $52.9M |
| Diluted shares | 78.4M | 78.2M | 79.0M | 83.3M | 72.9M | 71.6M | 63.8M | 57.6M | 56.3M | 55.6M |
Balance sheet
| Period end | Mar 31 | Mar 31 | Mar 31 | Mar 31 | Mar 31 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $223.0M | $463.3M | $490.2M | $217.1M | $20.1M | $195.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $1.77B | $1.43B | $1.35B | $1.32B | $944.6M | $841.5M |
| Total assets | $4.51B | $3.69B | $3.27B | $2.90B | $2.65B | $2.41B |
| Total liabilities | $2.55B | $2.05B | $1.99B | $1.91B | $1.54B | $1.35B |
| Shareholders' equity | $1.88B | $1.54B | $1.17B | $841.6M | $909.7M | $822.5M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology