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 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.

Ohio State, ADS Launch Sustainability Collaboration on Water, Recycling

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 release of its 10-year sustainability goals in its newly launched Fiscal 2021 Sustainability Report. The report and goals can be accessed in the sustainability section of the Company's website, through this link. Scott Barbour, President and Chief Executiv

Advanced Drainage Systems Issues 10-Year Sustainability Goals and Fiscal Year 2021 Sustainability Report

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 third fiscal quarter ended December 31, 2021 before the market opens on February 3, 2022. President and Chief Executive Officer, Scott Ba

Advanced Drainage Systems to Announce Third Quarter Fiscal 2022 Results on February 3, 2022

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider of innovative water management solutions, today released the Nyloplast 12-inch universal inline drain solution designed for contractors seeking a durable and water-tight pipe fitting for stormwater inlets. Common applications include commercial settings, academic institutions, sports and turf fields, big box retail and grocery, multi-family and mixed-use development projects, warehouses, and l

Advanced Drainage Systems Unveils New 12” Nyloplast® Universal Inline Drain Designed for Easy Installation, Flexibility and Long-Term Reliable Performance

Advanced Drainage Systems Inc (NYSE: WMS) acquired a privately-owned recycling company, Jet Polymer Recycling, located in the southeastern region of the U.S. Financial terms were not disclosed. Jet Polymer has three plastic recycling locations in Alabama and Georgia; and is a supplier of recycled polypropylene plastic for Infiltrator Water Technologies, a subsidiary of Advanced Drainage Systems.

Advanced Drainage Systems Acquires Jet Polymer Recycling For Undisclosed Sum

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 the acquisition of Jet Polymer Recycling (“Jet”), a privately-owned recycling company located in the southeastern region of the United States. “We are excited to welcome Jet to ADS,” said Scott Barbour, President and CEO of ADS. “This acquisition advances our

Advanced Drainage Systems Announces Acquisition of Jet Polymer Recycling

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading provider of innovative water management solutions, today released the EcoPure™ BioFilter urban stormwater management solution in response to increased stormwater runoff as a result of impervious surfaces associated with accelerated urbanization. EcoPure BioFilter is engineered for low-impact developments (LID) and green infrastructure projects requiring design flexibility, application of diverse plant

Advanced Drainage Systems Announces EcoPure BioFilter Urban Stormwater Management Solution for Low-Impact Developments and Green Infrastructure Projects

Advanced Drainage Systems, Inc. (WMS) CEO Scott Barbour on Q2 2022 Results - Earnings Call Transcript

Barclays analyst Matthew Bouley raised the price target on Advanced Drainage Systems Inc (NYSE:WMS) to $135 (an upside of 8%) from $130 and maintained an Overweight rating on the shares.  Bouley cites stronger pricing dynamics and improving volumes on increased production capacity in Q3 for the target raise.

Barclays, Loop Capital Raise Advanced Drainage Systems Price Target After Q2 Results

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 second quarter ended September 30, 2021. Second Quarter Fiscal 2022 Results Net sales increased 29.8% to $706.5 million Net income decreased 5.3% to $76.3 million Adjusted EBITDA (Non-GAAP) decreased 5.3% to $164.8 million Year

Advanced Drainage Systems Announces Second Quarter Fiscal 2022 Results

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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 second fiscal quarter ended September 30, 2021 before the market opens on November 4, 2021. President and Chief Executive Officer, Scott

Advanced Drainage Systems to Announce Second Quarter Fiscal 2022 Results on November 4, 2021

HILLIARD, Ohio--(BUSINESS WIRE)--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, announced today it has extended its partnership with the Columbus Blue Jackets for an additional three seasons. ADS is now the Official Sustainability Partner of the Columbus Blue Jackets and the presenting sponsor of the Blue Jacket's participation in NHL Green Week, with teams across t

Advanced Drainage Systems is Official Sustainability Partner of the Columbus Blue Jackets

This little-known provider of water management solutions has a long runway for growth in this era of more frequent and severe flooding in certain areas and water scarcity in others.

1 Climate Change Stock to Consider Buying in This Age of Catastrophic Floods

Canada Pension Plan Investment Board (CPP Investments) has invested $350 million in Advanced Drainage Systems Inc (NYSE: WMS) through purchasing shares in a secondary transaction. This transaction increases CPP investments' total ownership stake in the company to 4.6%.

CPP Investments Raises Stake In Advanced Drainage Systems To 4.6%

Advanced Drainage Systems, Inc. (WMS) CEO Scott Barbour on Q1 2022 Results - Earnings Call Transcript

Advanced Drainage Systems Inc (NYSE: WMS) reported first-quarter sales growth of 31.6% year-over-year to $669.3 million, beating the consensus estimate of $624.84 million. Sales by segments: Pipe $374.01 million (+36.7% Y/Y), Infiltrator Water Technologies $126.74 million (+24.1% Y/Y), International $65.67 million (+82.4% Y/Y) and Allied Products & Other $127.04 million (+8.6% Y/Y).

Advanced Drainage Systems Stock Falls After Mixed Q1 Results, Raises FY22 Revenue Outlook

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 first quarter ended June 30, 2021. First Quarter Fiscal 2022 Results Net sales increased 31.6% to $669.3 million Net income increased 9.1% to $77.1 million Adjusted EBITDA (Non-GAAP) increased 4.5% to $166.6 million Cash provid

Advanced Drainage Systems Announces First Quarter Fiscal 2022 Results

Advanced Drainage Systems is a company with strong above-average earnings growth. The company's growth is being driven by strength in residential and non-residential markets.

Advanced Drainage Systems: Looks Strong For The Future, But Wait For A Pullback

Advanced Drainage (WMS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Advanced Drainage Systems (WMS) Earnings Expected to Grow: Should You Buy?

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 Anil Seetharam has been elected to its Board of Directors at the Company's Annual Meeting of Stockholders (“Annual Meeting”), effective immediately. The addition of Mr. Seetharam increases the size of the Board from 11 to 12 directors. “We are pleased to

Advanced Drainage Systems Elects Anil Seetharam to Board of Directors

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 first quarter ended June 30, 2021 before the market opens on August 5, 2021. President and Chief Executive Officer, Scott Barbour, and Ch

Advanced Drainage Systems to Announce First Quarter Fiscal 2022 Results on August 5, 2021

HILLIARD, Ohio--(BUSINESS WIRE)--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, has signed the America Recycles Pledge. By signing the pledge, ADS is signaling our commitment to continue to work in tandem with the United States Environmental Protection Agency (USEPA) and other pledge partners, to do our part in helping achieve the ambitious goal of increasing the na

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