Quick answer: latest quarter results, by ticker or company name

Reported Q: Q4 2024 Rev YoY: +19.7% EPS YoY: +37.7% Move: +3.15%

Next: Q1 2025

Advanced Drainage Systems

WMS

$175.38 3.15%

Exchange NYSE Sector Industrials Industry Construction

Q4 2024

Published: Nov 8, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for WMS

Reported

Report Date

Nov 8, 2024

Quarter Q4 2024

Revenue

782.61M

YoY: +19.7%

EPS

1.67

YoY: +37.7%

Market Move

+3.15%

Previous quarter: N/A

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Earnings Highlights

Revenue of $782.61M up 19.7% year-over-year
EPS of $1.67 increased by 37.7% from previous year
Gross margin of 37.6%
Net income of 130.38M
"*"The strength of our market position and resiliency of the ADS business model give us confidence in the long-term business outlook as we benefit from the secular tailwinds of changing climate patterns."* - Scott Barbour, CEO" - Scott Barbour

WMS

Advanced Drainage Systems Inc

Period Q4 2024

Currency USD

Report Type Quarterly Earnings

Generated Feb 9, 2026

Executive Summary

In Q4 2024, Advanced Drainage Systems Inc (WMS) reported stellar financial results, achieving a record revenue of $782.6 million, beating expectations and marking a 19.7% year-over-year increase. Net income surged to $130.4 million, reflecting a robust profitability measure with an EPS of $1.68. The quarter underscored the resilience of the ADS business model as management navigated a challenging market landscape, especially in residential and infrastructure sectors, which saw growth rates of 8% and 14% respectively in the second half of fiscal 2024. The companyâ€™s strategic investments in technology and market positioning have set a solid foundation for continued growth in upcoming fiscal periods, despite acknowledging potential headwinds from fluctuating commodity prices and interest rate impacts on housing starts.

Key Performance Indicators

Revenue

Increasing

782.61M

QoQ: 0.00% | YoY: 19.69%

Gross Profit

Increasing

293.94M

37.56% margin

QoQ: 0.00% | YoY: 24.12%

Operating Income

Increasing

187.38M

QoQ: 0.00% | YoY: 36.09%

Net Income

Increasing

130.38M

QoQ: 0.00% | YoY: 37.50%

EPS

Increasing

1.68

QoQ: 0.00% | YoY: 37.70%

Revenue Trend

Margin Analysis

Financial Highlights

Financial Metrics:
- Revenue: $782.6 million, up 19.7% YoY (Q3 2024: $815.3 million)
- Net Income: $130.4 million, net income margin of 16.6%
- EPS: $1.68, up 37.7% YoY
- EBITDA: $239.1 million, EBITDA margin of 30.5%
- Free Cash Flow: $112.4 million, capital expenditures of $54.5 million
- Total Assets: $3.54 billion, Total Liabilities: $2.04 billion, Total Equity: $982.3 million
- Current Ratio: 3.19, Quick Ratio: 2.15
- Debt to Equity Ratio: 0.938
Overall, these figures demonstrate a healthy financial trajectory, with notable improvements in both income and margins amidst operational efficiencies and effective cost management strategies, despite a revenue decline for the year due to a weak start in early 2024.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	782.61M	19.69%	0.00%
Gross Profit	293.94M	24.12%	0.00%
Operating Income	187.38M	36.09%	0.00%
Net Income	130.38M	37.50%	0.00%
EPS	1.68	37.70%	0.00%

Key Financial Ratios

Gross Profit Margin

Fair

37.60%

Gross profit margin is moderate, room for improvement in cost management

Operating Profit Margin

Good

23.90%

Operating margin is healthy and competitive within industry standards

Net Profit Margin

Good

16.70%

Net profit margin is healthy and competitive within industry standards

Return on Assets

Fair

3.69%

Return on assets is acceptable but below top-tier companies

Return on Equity

Fair

8.84%

Return on equity is acceptable but below top-tier companies

Current Ratio

Strong

3.19

Current ratio indicates excellent liquidity and financial flexibility

Debt to Equity

Elevated

0.94

Debt-to-equity shows significant leverage, monitor debt levels

P/E Ratio

Fair Value

23.37x

P/E ratio in line with market averages

Price to Book

High Premium

8.26x

Very high premium suggests asset-light business model or lofty expectations

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q1 2026	690.54	1.04	-11.8%	View
Q4 2025	615.76	0.99	-21.3%	View
Q3 2025	690.54	1.04	-15.3%	View
Q1 2025	690.54	1.04	-15.3%	View
Q4 2024	782.61	1.67	+19.7%	View

Advanced Drainage Systems (WMS) Q4 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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