Advanced Drainage Systems (WMS) Change in Inventory (2016 - 2026)

Advanced Drainage Systems (WMS) reported Change in Inventory of $32.0 million for Q1 2026, up 105.56% on a YoY basis from $15.6 million in Q1 2025, and up 363.79% quarter-over-quarter from $6.9 million in Q4 2025.

Advanced Drainage Systems (WMS) Change in Inventory (2016 - 2026) Analysis & Trends

Advanced Drainage Systems has reported Change in Inventory for 11 years, with the latest figure at $32.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Inventory rose 105.56% year-over-year to $32.0 million; the trailing twelve-month figure through Mar 2026 stood at -$30.6 million (down 294.36% YoY), and the FY2026 full-year result was -$30.6 million, down 294.36% from the prior year.
  • Change in Inventory for Q1 2026 stood at $32.0 million, up from $6.9 million in the prior quarter.
  • The five-year high for Change in Inventory was $59.2 million in Q1 2024, with the low at -$48.4 million in Q3 2023.
  • Historically, Change in Inventory has averaged -$1.0 million across 5 years, with a median of -$275000.0 in 2024.
  • Annual changes were most pronounced in 2024 — Change in Inventory soared 1173.04% — and 2025, when it sank 10632.73%.
  • Advanced Drainage Systems' Change in Inventory stood at -$19.1 million in 2022, then soared by 202.05% to $19.5 million in 2023, then slumped by 226.24% to -$24.6 million in 2024, then jumped by 128.09% to $6.9 million in 2025, then jumped by 363.79% to $32.0 million in 2026.
  • The last three Change in Inventory figures came in at $32.0 million (Q1 2026), $6.9 million (Q4 2025), and -$29.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Trane Technologies 107.22 Bn 106.17 Bn 1.73 Bn -
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn 112.00 Mn
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn 138.00 Mn
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn 62.60 Mn
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn 29.00 Mn
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn 34.60 Mn
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn 35.30 Mn
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn 32.01 Mn
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn 9.77 Mn
10 Owens Corning 10.30 Bn 10.07 Bn 510.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 32.01 Mn
Mar 31, 2026 32.01 Mn
Dec 31, 2025 6.90 Mn
Dec 31, 2025 6.90 Mn
Sep 30, 2025 -29.52 Mn
Sep 30, 2025 -29.52 Mn
Jun 30, 2025 -40.00 Mn
Jun 30, 2025 -40.00 Mn
Mar 31, 2025 15.57 Mn
Mar 31, 2025 15.57 Mn
Dec 31, 2024 -24.57 Mn
Dec 31, 2024 -24.57 Mn
Sep 30, 2024 -275,000.00
Sep 30, 2024 -275,000.00
Jun 30, 2024 25.03 Mn
Jun 30, 2024 25.03 Mn
Mar 31, 2024 59.16 Mn
Mar 31, 2024 59.16 Mn
Dec 31, 2023 19.46 Mn
Dec 31, 2023 19.46 Mn