Advanced Drainage Systems (WMS) Debt Ratio (2014 - 2026)

Advanced Drainage Systems (WMS) reported Debt Ratio of 0.36 for Q1 2026, up 4.65% on a YoY basis from 0.34 in Q1 2025, and up 15.63% quarter-over-quarter from 0.31 in Q4 2025.

Advanced Drainage Systems (WMS) Debt Ratio (2014 - 2026) Analysis & Trends

Advanced Drainage Systems has reported Debt Ratio for 13 years, with the latest figure at 0.36 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 4.65% year-over-year to 0.36; the trailing twelve-month figure through Mar 2026 stood at 0.36 (up 4.65% YoY), and the FY2026 full-year result was 0.36, up 4.65% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.36, up from 0.31 in the prior quarter.
  • The five-year high for Debt Ratio was 0.44 in Q1 2023, with the low at 0.31 in Q3 2025.
  • Historically, Debt Ratio has averaged 0.37 across 5 years, with a median of 0.37 in 2024.
  • Annual changes were most pronounced in 2022 — Debt Ratio grew 26.38% — and 2025, when it decreased 13.95%.
  • Advanced Drainage Systems' Debt Ratio stood at 0.43 in 2022, then decreased by 5.95% to 0.4 in 2023, then retreated by 12.93% to 0.35 in 2024, then declined by 11.81% to 0.31 in 2025, then gained by 15.63% to 0.36 in 2026.
  • The last three Debt Ratio figures came in at 0.36 (Q1 2026), 0.31 (Q4 2025), and 0.31 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Trane Technologies 107.22 Bn 106.17 Bn 1.73 Bn 0.20
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn 0.24
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn 0.33
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn 0.27
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn 0.56
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn 0.48
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn 0.17
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn 0.36
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn 0.24
10 Owens Corning 10.30 Bn 10.07 Bn 510.00 Mn 0.39

Historic Data

Download Data
DateValue
Mar 31, 2026 0.36
Dec 31, 2025 0.31
Sep 30, 2025 0.31
Jun 30, 2025 0.32
Mar 31, 2025 0.34
Dec 31, 2024 0.35
Sep 30, 2024 0.36
Jun 30, 2024 0.37
Mar 31, 2024 0.39
Dec 31, 2023 0.40
Sep 30, 2023 0.41
Jun 30, 2023 0.42
Mar 31, 2023 0.44
Dec 31, 2022 0.43
Sep 30, 2022 0.41
Jun 30, 2022 0.40
Mar 31, 2022 0.35
Dec 31, 2021 0.37
Sep 30, 2021 0.36
Jun 30, 2021 0.32