Advanced Drainage Systems, Inc. (WMS) Earnings History
Annual and quarterly earnings data from 2012 to 2025
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WMS EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
WMS Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 37.7% | 22.6% | 15.5% |
| 2024 | 39.9% | 25.5% | 17.7% |
| 2023 | 36.4% | 23.4% | 16.5% |
| 2022 | 28.9% | 14.9% | 9.8% |
| 2021 | 34.8% | 17.4% | 11.3% |
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Advanced Drainage Systems, Inc. (WMS) Earnings Overview
As of May 6, 2026, Advanced Drainage Systems, Inc. (WMS) reported trailing twelve-month net income of $471M, reflecting -10.7% year-over-year growth. The company earned $6.01 per diluted share over the past four quarters, with a net profit margin of 15.5%.
Looking at the long-term picture, WMS's historical earnings data spans multiple years. The company achieved its highest annual net income of $510M in fiscal 2024.
Advanced Drainage Systems, Inc. maintains industry-leading profitability with a gross margin of 37.7%, operating margin of 22.6%, and net margin of 15.5%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including NVR ($1.34B net income, 13.0% margin), AAON ($108M net income, 7.5% margin), FBIN ($328M net income, 10.2% margin), WMS has outperformed on profitability metrics. Compare WMS vs NVR →
WMS Earnings vs Peers
Earnings metrics vs comparable public companies
WMS Historical Earnings Data (2012–2025)
14 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $450M | -11.7% | $657M | $5.76 | 15.5% | 22.6% |
| 2024 | $510M | +0.6% | $732M | $6.45 | 17.7% | 25.5% |
| 2023 | $507M | +86.9% | $719M | $6.08 | 16.5% | 23.4% |
| 2022 | $271M | +21.0% | $412M | $3.15 | 9.8% | 14.9% |
| 2021 | $224M | +216.1% | $345M | $2.59 | 11.3% | 17.4% |
| 2020 | -$193M | -348.4% | -$95M | $-3.04 | -11.5% | -5.7% |
| 2019 | $78M | +25.4% | $129M | $1.35 | 5.6% | 9.3% |
| 2018 | $62M | +88.2% | $88M | $1.10 | 4.7% | 6.6% |
| 2017 | $33M | +59.7% | $76M | $0.59 | 2.6% | 6.1% |
| 2016 | $21M | -21.6% | $82M | $0.34 | 1.6% | 6.4% |
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Start ComparisonWMS — Frequently Asked Questions
Quick answers to the most common questions about buying WMS stock.
Is WMS growing earnings?
WMS EPS fell to $6.01, with earnings declining -10.7%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $471M.
What are WMS's profit margins?
Advanced Drainage Systems, Inc. net margin is +15.5%, with operating margin at +22.6%. Above-average margins indicate pricing power.
How consistent are WMS's earnings?
WMS earnings data spans 2012-2025. The declining earnings trend is -10.7% YoY. Historical data enables comparison across business cycles.