Advanced Drainage Systems (WMS) Current Taxes (2014 - 2026)
Advanced Drainage Systems' (WMS) quarterly Current Taxes came in at $16.7 million in Q2 2026, down 56.81% on a YoY basis from $38.8 million in Q2 2025, and up 123.13% quarter-over-quarter from $7.5 million in Q4 2025.
Analysis
Advanced Drainage Systems (WMS) Current Taxes (2014 - 2026) Analysis & Trends
Advanced Drainage Systems (WMS) has reported Current Taxes for 13 consecutive years, with $16.7 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Current Taxes fell 56.81% year-over-year to $16.7 million; the trailing twelve-month figure through Jun 2026 stood at $16.7 million (down 56.81% YoY), and the FY2024 full-year result was $1.1 million, down 64.8% from the prior year.
- Current Taxes grew to $16.7 million in Q2 2026 per WMS's latest filing, from $7.5 million in the prior quarter.
- Across five years, Current Taxes topped out at $58.2 million in Q2 2022 and bottomed at $407000.0 in Q4 2024.
- Historically, Current Taxes has averaged $18.7 million across 5 years, with a median of $12.3 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Current Taxes slumped 97.06% in 2024, then soared 1744.23% in 2025.
- Over 5 years, Current Taxes stood at $3.5 million in 2022, then surged by 298.76% to $13.8 million in 2023, then plunged by 97.06% to $407000.0 in 2024, then jumped by 1744.23% to $7.5 million in 2025, then surged by 123.13% to $16.7 million in 2026.
- According to Business Quant data, Current Taxes over the past three periods registered $16.7 million, $7.5 million, and $15.4 million for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Otis Worldwide | 27.11 Bn | 26.49 Bn | 1.14 Bn | - |
| 2 | James Hardie Industries | 17.99 Bn | 17.70 Bn | 548.70 Mn | 26.50 Mn |
| 3 | Masco | 14.34 Bn | 14.04 Bn | 868.00 Mn | - |
| 4 | Carlisle Companies | 14.02 Bn | 13.36 Bn | 568.40 Mn | - |
| 5 | Allegion | 13.36 Bn | 13.04 Bn | 517.50 Mn | - |
| 6 | Owens Corning | 10.96 Bn | 10.72 Bn | 793.00 Mn | - |
| 7 | Acuity Inc. (De) | 10.01 Bn | 9.60 Bn | 606.40 Mn | - |
| 8 | Advanced Drainage Systems | 9.69 Bn | 9.60 Bn | 408.05 Mn | 16.75 Mn |
| 9 | Zurn Elkay Water Solutions | 7.91 Bn | 7.54 Bn | 288.30 Mn | - |
| 10 | Simpson Manufacturing | 7.42 Bn | 6.97 Bn | 318.19 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.75 Mn |
| Dec 31, 2025 | 7.51 Mn |
| Sep 30, 2025 | 15.37 Mn |
| Jun 30, 2025 | 38.78 Mn |
| Dec 31, 2024 | 407,000.00 |
| Sep 30, 2024 | 4.59 Mn |
| Jun 30, 2024 | 45.71 Mn |
| Mar 31, 2024 | 1.08 Mn |
| Dec 31, 2023 | 13.83 Mn |
| Sep 30, 2023 | 20.90 Mn |
| Jun 30, 2023 | 52.23 Mn |
| Mar 31, 2023 | 3.06 Mn |
| Dec 31, 2022 | 3.47 Mn |
| Sep 30, 2022 | 10.80 Mn |
| Jun 30, 2022 | 58.21 Mn |
| Mar 31, 2022 | 6.84 Mn |
| Dec 31, 2021 | 2.10 Mn |
| Sep 30, 2021 | 1.98 Mn |
| Jun 30, 2021 | 28.14 Mn |
| Mar 31, 2021 | 4.70 Mn |