Advanced Drainage Systems

Advanced Drainage Systems, Inc. engages in the manufacture of thermoplastic corrugated pipe, which provides a suite of water management products and drainage solutions for use in the construction and infrastructure marketplace. It operates through the following segments: Pipe, Infiltrator, International, and Allied Products & Other. The Pipe segment manufactures and markets thermoplastic corrugated pipe throughout the United States. The Infiltrator segment provides plastic leachfield chambers and systems, septic tanks and accessories, primarily for use in residential applications. The International segment manufactures and markets pipe and allied products in regions outside of the United States. The Allied Products & Other segment manufactures and markets products throughout the United States. Products include StormTech, Nyloplast, ARC Septic Chambers, Inserta Tee, water quality filters and structures, Fittings, and FleXstorm. The company was founded in 1966 and is headquartered in Hilliard, OH.

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ADS reports record revenue and profitability, anticipates slower growth

ADS expects slower growth due to higher interest rates, inflation, and tightening lending standards. However, the company is well-positioned for long-term growth in specific markets and has taken strategic measures to optimize operations. Despite challenges, ADS is focused on leveraging opportunities in infrastructure and other key sectors to drive future growth.

WMS reports solid Q2 earnings, optimistic about non-residential construction

WMS had a strong quarter, with record EBITDA margin and increased dividend. It faces challenges in the nonresidential market and land development. However, the company is optimistic about non-residential construction and sees opportunities in quoting activity and onshoring projects.

Advanced Drainage Systems (WMS) navigates challenges with sustainability focus

Advanced Drainage Systems (WMS) faces challenges from a tough demand environment but maintains a focus on sustainability and cost-saving initiatives.
Despite a decline in Q3 net sales, the company aims to sustain its EBITDA margin range and has updated guidance for fiscal year 2023 growth.
Market uncertainties and lower demand volume pose challenges, but the company remains committed to strategic adjustments and long-term growth targets.

Advanced Drainage Systems (WMS) Achieves Record Revenue Amid Market Challenges

Advanced Drainage Systems (WMS) reported strong financial performance in Q4 2023, driven by record revenue and profitability. Despite challenges like demand weakness in core markets and economic uncertainties, the company remains optimistic about its long-term growth prospects. ADS is strategically investing in innovation, sustainability, and market expansion to navigate evolving market conditions and capitalize on emerging opportunities.

Advanced Drainage Systems (WMS) reports solid Q1 performance and strategic growth outlook

Advanced Drainage Systems (WMS) navigated Q1 challenges well, showcasing operational strengths and strategic growth areas amidst market fluctuations.
Despite lower demand impacting earnings, the company's focus on key product segments and market opportunities positions it for future growth and resilience.
By addressing challenges, leveraging strengths, and capitalizing on opportunities, Advanced Drainage Systems aims to maintain its financial performance and strategic positioning in fiscal '24.

Advanced Drainage Systems shows resilience and growth amidst market challenges

ADS is navigating challenges with resilience, focusing on innovation and growth opportunities. Despite market declines expected in the second half, the company is optimistic about future prospects. Strong performance in key segments and strategic investments position ADS for sustainable growth.

Advanced Drainage Systems (WMS) reports stellar Q3 results and focuses on sustainable growth

Advanced Drainage Systems (WMS) excelled in Q3, demonstrating robust financial performance and strategic initiatives. With a strong emphasis on sustainable solutions and profitable segments, ADS aims for continued growth through disciplined cash allocation and innovation. Despite challenges in certain market segments, the company remains optimistic about its long-term prospects.

Advanced Drainage Systems beats guidance, eyes growth in water solutions

Advanced Drainage Systems (ADS) delivered strong financial performance in fiscal 2024, driven by improved end market demand and strategic investments. With a focus on operational efficiency and market leadership, ADS aims for continued growth in 2025 despite sector-specific challenges. The company's optimistic outlook underscores the importance of agility and execution in capital investments and operations.

Advanced Drainage Systems (WMS) reports resilient Q2 performance and eyes market expansion

Advanced Drainage Systems (WMS) navigated challenges in the demand environment to deliver strong financial results in Q2 2025. The company's strategic focus on efficiency, safety, and market expansion positions it well for future growth despite headwinds.

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Advanced Drainage Systems, Inc. manufactures thermoplastic corrugated pipe, which provides a suite of water management products and drainage solutions for the construction and infrastructure marketplace. It operates through the following segments: Pipe, Infiltrator, International, and Allied Products & Other. The Pipe segment manufactures and markets thermoplastic corrugated pipe throughout the United States. The Infiltrator segment provides plastic leach field chambers and systems, septic tanks and accessories, primarily for use in residential applications. The International segment manufactures and markets pipe and allied products in regions outside of the United States. The Allied Products & Other segment is involved in manufacture and market products throughout the United States. Products include StormTech, Nyloplast, ARC Septic Chambers, Inserta Tee, water quality filters and structures, Fittings, and FleXstorm. The company was founded in 1966 and is headquartered in Hilliard, OH.

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries today announced financial results for the fiscal first quarter ended June 30, 2022. First Quarter Fiscal 2023 Results Net sales increased 36.6% to $914.2 million Net income increased 144.4% to $188.5 million Adjusted EBITDA (Non-GAAP) increased 79.5% to $299.0 million Scott Bar

Advanced Drainage Systems Announces First Quarter Fiscal 2023 Results

Report details impressive progress across the company's environmental impact, operational excellence, employees, community and partnerships, as well as governance and stakeholder engagement HILLIARD, Ohio , Aug. 1, 2022 /PRNewswire/ -- Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading manufacturer of innovative stormwater solutions and the largest plastic recycler in North America, today released its annual sustainability report, detailing progress made in its commitment to Environmental, Social and Governance (ESG) standards across its 2022 fiscal year. Sustainability and resiliency are at the core of the ADS business, and FY2022 ESG highlights include: 600 million pounds of plastic recycled, 13% reduction in fuel consumption, $2 million in charitable contributions and a 22% decrease in energy intensity.

Advanced Drainage Systems Releases Fiscal Year 2022 Sustainability Report

BRAZIL, Ind. , July 29, 2022 /PRNewswire/ -- Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading manufacturer of innovative stormwater solutions and the largest plastic recycler in North America, recently invited U.S. Congressman Larry Bucshon, M.D.

Advanced Drainage Systems Hosts Congressman Bucshon at its Brazil, Indiana Recycling Plant

Advanced Drainage Systems has done well to hold up in a down market, with this performance being driven by strong fundamental growth. Management currently expects performance to continue to be strong for the current fiscal year.

Advanced Drainage Systems: Expect Shares To Continue To Outperform

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries, today announced that Kelly Gast has been elected to its Board of Directors at the Company's Annual Meeting of Stockholders (“Annual Meeting”), effective immediately. “We are pleased to welcome Kelly Gast to the ADS Board of Directors,” said Robert Eversole, Chairman of the Bo

Advanced Drainage Systems Elects Kelly Gast to Board of Directors

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the fiscal first quarter ended June 30, 2022 before the market opens on August 4, 2022. President and Chief Executive Officer, Scott Barbour, and Ch

Advanced Drainage Systems to Announce First Quarter Fiscal Year 2023 Results on August 4, 2022

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HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it priced a private offering (the “Offering”) of $500 million aggregate principal amount of 6.375% senior unsecured notes due 2030 (the “Notes”). The Company's present and future direct and indirect domestic subsidiaries that g

Advanced Drainage Systems Announces Pricing of $500 Million of 6.375% Senior Notes Due 2030

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that the Company intends, subject to market and other conditions, to commence an offering (the “Offering”) of up to $500 million aggregate principal amount of senior unsecured notes due 2030 (the “Notes”) in a private transaction ex

Advanced Drainage Systems Announces Proposed $500 Million Senior Notes Offering

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All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 12.4% and a median increase of 10.3%. I've tracked 282 increases in 2022, 211 increases in Q1 2022, and 71 in Q2.

14 Upcoming Dividend Increases Including A Soon To Be King

Advanced Drainage Systems (NYSE:WMS ) Q4 2021 Earnings Conference Call May 19, 2022 10:00 AM ET Corporate Participants Mike Higgins - Vice President Corporate Strategy and Investor Relations Scott Barbour - President and Chief Executive Officer Scott Cottrill - Chief Financial Officer Conference Call Participants Josh Pokrzywinski – Morgan Stanley Mike Halloran - Baird Garik Shmois - Loop Capital Matthew Bouley - Barclays Operator Good morning, ladies and gentlemen. And welcome to Advanced Drainage Systems, Fourth Quarter and Fiscal Year 2022 Results Conference Call.

Advanced Drainage Systems (WMS) CEO Scott Barbour on Q4 2021 Results - Earnings Call Transcript

Advanced Drainage (WMS) delivered earnings and revenue surprises of 18.75% and 11.56%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Advanced Drainage Systems (WMS) Surpasses Q4 Earnings and Revenue Estimates

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries announced today that Chair of the Board of Directors (the “Board”), C. Robert Kidder, will not stand for re-election at the Annual Meeting of Shareholders to be held on July 21, 2022 (“2022 Annual Meeting”), with his term ending at the 2022 Annual Meeting. The Board has electe

Advanced Drainage Systems Announces Board of Directors Changes and Adds Sustainability Committee

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries today announced financial results for the fourth quarter and fiscal year ended March 31, 2022. Fourth Quarter Fiscal 2022 Results Net sales increased 52.8% to $678.2 million Net income increased 126.8% to $47.1 million Adjusted EBITDA (Non-GAAP) increased 78.2% to $168.5 mill

Advanced Drainage Systems Announces Fourth Quarter and Fiscal Year 2022 Results

Advanced Drainage Systems is poised for strong growth as its solutions are needed for all phases of storm water management. The recent sell-off improved the valuation, leaving plenty of upside for the stock.

Advanced Drainage Systems: Pullback In Stock Occurred, 48% Upside Possible

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading global manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended March 31, 2022 before the market opens on May 19, 2022. President and Chief Executive Officer, Scott

Advanced Drainage Systems to Announce Fourth Quarter and Fiscal Year 2022 Results on May 19, 2022

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries today announced the acquisition of Cultec, Inc. (“Cultec”), a family-owned technology leader in the stormwater and on-site septic wastewater industries. “Bob DiTullio Sr. founded Cultec in 1986 based on innovative technology, engineering expertise and a dedication to customer

Advanced Drainage Systems Announces Acquisition of Cultec, Inc.

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS) today announced that in celebration of Earth Day, Scott Barbour, President and Chief Executive Officer signed a commitment to pursue Science Based Targets (SBTs) to reduce the Company's greenhouse gas emissions. “ADS' commitment to reducing overall greenhouse gas emissions reflects the Company's broader goal to continue making progress on environmental stewardship initiatives,” Barbour stated. “We are proud to jo

Celebrating Earth Day, ADS Signs Commitment to Set Science Based Targets for Greenhouse Gas Emissions

Sustainability Night promoted and showcased green initiatives for fans  and the central Ohio community HILLIARD, Ohio , April 5, 2022 /PRNewswire/ -- Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider of innovative water management solutions and the second-largest plastic recycling company in North America, joined in presenting Sustainability Night with the Columbus Blue Jackets at last night's game. Sustainability Night is an annual event as part of the ADS's long-standing season partnership with the Columbus Blue Jackets as the club's Official Sustainability Partner.

Advanced Drainage Systems and the Columbus Blue Jackets Celebrate Sustainability Night

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries today announced it will host an Investor Day in New York City on Thursday, March 10, 2022. The event will be available via webcast for those who wish to attend virtually. In addition to presentations from the leadership team on business performance, strategy and medium-term tar

Advanced Drainage Systems Announces 2022 Investor Day

Advanced Drainage Systems, Inc. (WMS) CEO Scott Barbour on Q3 2022 Results - Earnings Call Transcript

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries, today announced that its Board of Directors (the “Board”) has approved a quarterly cash dividend to its shareholders in the amount of $0.11 per share, a 22% increase over the prior year quarterly dividend amount. The Company also announced that the Board approved a new $1 bi

Advanced Drainage Systems Announces Quarterly Cash Dividend and $1 Billion Stock Repurchase Program

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries today announced financial results for the fiscal third quarter ended December 31, 2021. Third Quarter Fiscal 2022 Results Net sales increased 47.1% to $715.4 million Net income increased 37.8% to $74.5 million Adjusted EBITDA (Non-GAAP) increased 26.9% to $176.2 million Year-

Advanced Drainage Systems Announces Third Quarter Fiscal 2022 Results

Advanced Drainage Systems has achieved strong growth in recent years, driven by quality operations and a quality management team. This has led shares to look rather pricey, but that doesn't mean they are a bad prospect.

Advanced Drainage Systems: Attractive If Current Growth Persists

HILLIARD, Ohio, Jan. 25, 2022 /PRNewswire/ -- The Ohio State University and Advanced Drainage Systems, Inc. (NYSE: WMS) ("ADS" or the "Company") today announced a new collaboration that will support water management research, enhance student learning, and make campus more sustainable.  The company is donating two state-of-the-art stormwater management systems for the Innovation District on west campus along with a cash gift to install them and fund related research and teaching opportunities.

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