← BackADVANCED DRAINAGE SYSTEMS, INC. · Plastics Foam ProductsWMS
Low riskNext report: Around Nov 5 (est.)
The short versionA profitable company with growing sales.
Going well
- Sales up 21% in the latest quarter vs a year ago
- Profitable
- Brings in more cash than it spends
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 0.7% to their holdings in the quarter ending June 2026 (247 bought, 283 sold)
- Held by Ray Dalio (Bridgewater)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$131.26+0.7% that day
- Company value
- $9.9B
- Share price times all shares
- Price vs profit (P/E)
- 22.7x
- You pay about $23 for each $1 of yearly profit
- Price vs sales
- 3.1x
- Company value is 3.1 times a year of sales
- Dividend yield
- 0.5%
- Yearly dividend as a share of today's price
- Cash vs value
- 2%
- Cash as a share of company value
- Debt vs value
- 13%
- Debt as a share of company value
From WMS's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$1.0B+21% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $3.2B, up 10% from the 12 months before. Over 5 years, sales grew about 9.0% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.25.4%
- MissDebt under half of equityNot relying on borrowed money.0.66x equity
- PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.14.1%
- MissProfitable every yearSteady profits, not one good year.9 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$569.3M
- PassShare count not growingNot diluting owners. Falling means buybacks.-5.9% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.38.3%
- Revenue
- $3.1B
- +5.0% vs prior year
- 5-year growth
- +9.0%/yr
- revenue, per year
- Total debt
- $1.3B
- 0.66x equity
- Current ratio
- 4.12x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $1.0B
- +20.6% YoY
- EPS
- $2.19
- vs $1.84
- Op. margin
- 25.4%
- +0.6 pts
- Gross margin
- 40.8%
- +1.0 pts
- Free cash flow
- $203.2M
- Share count
- -1.4%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.5
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+0.7%Institutions added 0.7% to their holdings. 247 bought, 283 sold.
Shares held by institutions69.7M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-1.4%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
0.9x · $1.6B debtShares outstandingLatest reported
75MNext reportAround Nov 5 (est.)Estimated from the same quarter last year
- Results filedAug 6
- Results filedMay 21
- Results filedFeb 5
- Results filedNov 6, 2025
- Results filedAug 7, 2025
Flags and big holders
Offerings 6 months, flags 12 months, holders 90 days
No offerings, red flags or new big holders. Clean record.
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
GiftRobert M EversoleDirector
4,772 shares
- +10% of holdings
- Now owns 51,462 shares
- Held Reporting Person's Revocable Trust
- 2 transactions
- Filed 2 days after trade
Shares withheld for taxesPatrick M. Jr CoyleSee Remarks
26 shares at $130.75 · $3K
- -0% of holdings
- Now owns 10,039 shares
- Filed 2 days after trade
GiftD. Scott BarbourSee Remarks, Director
2,000 shares
- +4% of holdings
- Now owns 51,652 shares
- Held Reporting Person's Revocable Trust
- Filed 4 days after trade
Stock awardAlexander R FischerDirector
1,110 shares
- +7% of holdings
- Now owns 17,564 shares
- Filed 4 days after trade
Stock awardRobert M EversoleDirector
2,253 shares
- +94% of holdings
- Now owns 4,639 shares
- Filed 4 days after trade
Stock awardDe La Mesa Manuel J PerezDirector
1,782 shares
- +8% of holdings
- Now owns 25,070 shares
- Filed 4 days after trade