Wall Street analyst estimates for Advanced Drainage Systems, Inc. (WMS): consensus price target, buy/hold/sell recommendations and forecasts for revenue, EPS and EBITDA for the upcoming fiscal years.
Advanced Drainage Systems, Inc., established in Hilliard, Ohio in 1966, is a leading provider of innovative water management solutions. The company specializes in the design, manufacturing, and global distribution of thermoplastic corrugated pipes and related drainage products, primarily targeting the underground construction and infrastructure sectors across the United States, Canada, Mexico, and other international territories.
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-05 | $1.81 | ||
| 2026-08-06 | $2.49 | $2.10 | +18.6% |
| 2026-05-21 | $1.07 | $0.94 | +14.3% |
| 2026-02-05 | $1.27 | $1.11 | +14.4% |
| 2025-11-06 | $1.97 | $1.64 | +20.1% |
| 2025-08-07 | $1.95 | $1.75 | +11.4% |
| 2025-05-15 | $1.03 | $1.06 | -2.8% |
| 2025-02-06 | $1.09 | $1.17 | -6.8% |
Income Statement (10y)
| Year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.26B | $1.33B | $1.38B | $1.67B | $1.98B | $2.77B | $3.07B | $2.87B | $2.90B | $3.05B |
| Cost of Revenue | $961.5M | $1.03B | $1.06B | $1.18B | $1.29B | $1.97B | $1.95B | $1.73B | $1.81B | $1.94B |
| Gross Profit | $295.8M | $302.5M | $327.0M | $497.5M | $690.1M | $800.4M | $1.12B | $1.15B | $1.09B | $1.11B |
| Research & Development | $3.4M | $2.2M | $2.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $202.4M | $191.2M | $186.0M | $271.1M | $267.6M | $321.1M | $339.5M | $370.7M | $380.4M | $469.5M |
| Operating Expenses | $211.0M | $199.2M | $193.9M | $592.9M | $345.6M | $388.5M | $399.1M | $413.8M | $436.8M | $420.8M |
| Operating Income | $76.3M | $88.3M | $129.4M | -$95.3M | $344.5M | $411.9M | $719.3M | $732.1M | $657.4M | $686.7M |
| EBITDA | $154.7M | $167.2M | $202.1M | $281.8M | $493.5M | $558.9M | $872.4M | $910.5M | $864.5M | $872.5M |
| Interest Expense | $17.5M | $15.3M | $18.6M | $82.7M | $35.7M | $33.5M | $70.2M | $88.9M | $91.8M | $93.8M |
| Pre-tax Income | $64.8M | $76.9M | $111.6M | -$177.7M | $312.3M | $385.1M | $661.9M | $672.3M | $593.6M | $564.9M |
| Income Tax | $24.6M | $11.4M | $30.0M | $14.1M | $86.4M | $110.1M | $150.6M | $159.0M | $141.1M | $135.0M |
| Net Income | $33.0M | $62.0M | $77.8M | -$193.2M | $224.2M | $271.3M | $507.1M | $509.9M | $450.2M | $426.5M |
| EPS | $0.60 | $1.11 | $1.36 | $-3.04 | $2.64 | $3.22 | $6.16 | $6.52 | $5.81 | $5.48 |
| EPS (Diluted) | $0.59 | $1.10 | $1.35 | $-3.04 | $2.59 | $3.15 | $6.08 | $6.45 | $5.76 | $5.44 |
| Shares Outstanding (Diluted) | $55.6M | $56.3M | $57.6M | $63.8M | $71.6M | $72.9M | $83.3M | $79.0M | $78.2M | $78.5M |
Price
| Price | $129.43 |
| Market Cap | $9.9B |
| Exchange | NYSE |
| Country | US |
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