Advanced Drainage Systems (WMS) Change in Inventory (2016 - 2026)
Advanced Drainage Systems posted quarterly Change in Inventory of $32.0 million for Q1 2026, up 105.56% year-on-year from $15.6 million in Q1 2025, and up 363.79% on a QoQ basis from $6.9 million in Q4 2025.
Advanced Drainage Systems (WMS) has 11 years of Change in Inventory data on file, last reported 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.
- Across five years, Change in Inventory topped out at $59.2 million in Q1 2024 and bottomed at -$48.4 million in Q3 2023.
- The 5-year median for Change in Inventory is -$275000.0 (2024), against an average of -$1.0 million.
- The widest annual swing landed in 2024, when Change in Inventory soared 1173.04%; it then tumbled 10632.73% in 2025.
- A 5-year view of Change in Inventory shows it stood at -$19.1 million in 2022, then jumped by 202.05% to $19.5 million in 2023, then sank by 226.24% to -$24.6 million in 2024, then surged by 128.09% to $6.9 million in 2025, then surged 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 | 99.95 Bn | 98.89 Bn | 1.73 Bn | - |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 112.00 Mn |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 138.00 Mn |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 62.60 Mn |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 29.00 Mn |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 34.60 Mn |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 9.77 Mn |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 35.30 Mn |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 32.01 Mn |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | -48.36 Mn |
| Sep 30, 2023 | -48.36 Mn |
| Jun 30, 2023 | -30.86 Mn |
| Jun 30, 2023 | -30.86 Mn |
| Mar 31, 2023 | 4.65 Mn |
| Mar 31, 2023 | 4.65 Mn |
| Dec 31, 2022 | -19.07 Mn |
| Dec 31, 2022 | -19.07 Mn |
| Sep 30, 2022 | -7.76 Mn |
| Sep 30, 2022 | -7.76 Mn |
| Jun 30, 2022 | -8.04 Mn |
| Jun 30, 2022 | -8.04 Mn |
| Mar 31, 2022 | 27.84 Mn |
| Mar 31, 2022 | 27.84 Mn |
| Dec 31, 2021 | 37.45 Mn |
| Dec 31, 2021 | 37.45 Mn |
| Sep 30, 2021 | 95.44 Mn |
| Sep 30, 2021 | 95.44 Mn |
| Jun 30, 2021 | 28.99 Mn |
| Jun 30, 2021 | 28.99 Mn |
| Mar 31, 2021 | 61.37 Mn |
| Mar 31, 2021 | 61.37 Mn |
| Dec 31, 2020 | 13.85 Mn |
| Dec 31, 2020 | 13.85 Mn |
| Sep 30, 2020 | -16.52 Mn |
| Sep 30, 2020 | -16.52 Mn |
| Jun 30, 2020 | -44.14 Mn |
| Jun 30, 2020 | -44.14 Mn |
| Mar 31, 2020 | 24.23 Mn |
| Mar 31, 2020 | 24.23 Mn |
| Dec 31, 2019 | 14.00 Mn |
| Dec 31, 2019 | 14.00 Mn |
| Sep 30, 2019 | -22.51 Mn |
| Sep 30, 2019 | -22.51 Mn |
| Jun 30, 2019 | -34.80 Mn |
| Jun 30, 2019 | -34.80 Mn |
| Mar 31, 2019 | 17.74 Mn |
| Mar 31, 2019 | 17.74 Mn |
| Dec 31, 2018 | 673,000.00 |
| Dec 31, 2018 | 673,000.00 |
| Sep 30, 2018 | -15.34 Mn |
| Sep 30, 2018 | -15.34 Mn |
| Jun 30, 2018 | -1.04 Mn |
| Jun 30, 2018 | -1.04 Mn |
| Mar 31, 2018 | 49.40 Mn |
| Mar 31, 2018 | 49.40 Mn |
| Dec 31, 2017 | 1.65 Mn |
| Dec 31, 2017 | 1.65 Mn |
| Sep 30, 2017 | -48.65 Mn |
| Sep 30, 2017 | -48.65 Mn |
| Jun 30, 2017 | 2.45 Mn |
| Jun 30, 2017 | 2.45 Mn |
| Mar 31, 2017 | 33.22 Mn |
| Mar 31, 2017 | 33.22 Mn |
| Dec 31, 2016 | 483,000.00 |
| Dec 31, 2016 | 483,000.00 |
| Sep 30, 2016 | -15.06 Mn |
| Sep 30, 2016 | -15.06 Mn |
| Jun 30, 2016 | 9.28 Mn |
| Jun 30, 2016 | 9.28 Mn |