Advanced Drainage Systems (WMS) Debt to Equity (2014 - 2026)
Advanced Drainage Systems (WMS) reported Debt to Equity of $0.87 for Q1 2026, up 4.86% on a YoY basis from $0.83 in Q1 2025, and up 31.94% quarter-over-quarter from $0.66 in Q4 2025.
Advanced Drainage Systems (WMS) Debt to Equity (2014 - 2026) Analysis & Trends
Advanced Drainage Systems has reported Debt to Equity for 13 years, with the latest figure at $0.87 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity rose 4.86% year-over-year to $0.87; the trailing twelve-month figure through Mar 2026 stood at $0.87 (up 4.86% YoY), and the FY2026 full-year result was $0.87, up 4.86% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.87, up from $0.66 in the prior quarter.
- The five-year high for Debt to Equity was $1.53 in Q1 2023, with the low at $0.66 in Q4 2025.
- Historically, Debt to Equity has averaged $1.04 across 5 years, with a median of $1.02 in 2022.
- Annual changes were most pronounced in 2023 — Debt to Equity jumped 49.53% — and 2024, when it slipped 28.9%.
- Advanced Drainage Systems' Debt to Equity stood at $1.34 in 2022, then decreased by 13.79% to $1.16 in 2023, then retreated by 25.72% to $0.86 in 2024, then decreased by 23.59% to $0.66 in 2025, then jumped by 31.94% to $0.87 in 2026.
- The last three Debt to Equity figures came in at $0.87 (Q1 2026), $0.66 (Q4 2025), and $0.68 (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 0.54 |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 0.70 |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 0.88 |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 0.96 |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | -12.17 |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 1.74 |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 0.28 |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 0.87 |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 0.45 |
| 10 | Owens Corning | 10.30 Bn | 10.07 Bn | 510.00 Mn | 1.39 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.87 |
| Dec 31, 2025 | 0.66 |
| Sep 30, 2025 | 0.68 |
| Jun 30, 2025 | 0.75 |
| Mar 31, 2025 | 0.83 |
| Dec 31, 2024 | 0.86 |
| Sep 30, 2024 | 0.91 |
| Jun 30, 2024 | 0.99 |
| Mar 31, 2024 | 1.08 |
| Dec 31, 2023 | 1.16 |
| Sep 30, 2023 | 1.22 |
| Jun 30, 2023 | 1.33 |
| Mar 31, 2023 | 1.53 |
| Dec 31, 2022 | 1.34 |
| Sep 30, 2022 | 1.22 |
| Jun 30, 2022 | 1.29 |
| Mar 31, 2022 | 1.02 |
| Dec 31, 2021 | 1.17 |
| Sep 30, 2021 | 1.28 |
| Jun 30, 2021 | 0.98 |