Advanced Drainage Systems (WMS) Dividend Coverage Ratio (2020 - 2026)
Advanced Drainage Systems' (WMS) Dividend Coverage Ratio stood at 11.01 in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 6.9% from 10.29 a year earlier and up 369.4% from the prior quarter.
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Analysis
Advanced Drainage Systems (WMS) Dividend Coverage Ratio (2020 - 2026) Analysis & Trends
On a TTM basis, Advanced Drainage Systems' Dividend Coverage Ratio came in at 7.85 as of Jun 30, 2026, down 6.9% year-over-year; for FY2026 (ended Mar 31, 2026), it came in at 7.60, down 16.0% from FY2025.
- Annual Dividend Coverage Ratio has declined for three straight fiscal years.
- Across earlier fiscal years, Dividend Coverage Ratio came in at 9.05 in FY2025 (-21.9%), 11.59 in FY2024 (-9.5%), 12.80 in FY2023 (+74.7%) and 7.33 in FY2022 (+21.3%).
- Quarterly Dividend Coverage Ratio has ranged from 2.35 in fiscal Q4 2026 to 18.40 in fiscal Q1 2023 over the past five years.
- On a year-over-year basis, Dividend Coverage Ratio rose in three of the last eight quarters, with an average decline of 17.9%.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 174.2% in fiscal Q1 2023, against a decline of 62.3% in fiscal Q4 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 2.35 (Q4 2026), 6.68 (Q3 2026) and 11.06 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 102.56 Bn | 97.28 Bn | 2.26 Bn | 4.00 |
| 2 | Johnson Controls International | 90.23 Bn | 87.96 Bn | 2.47 Bn | 3.06 |
| 3 | Comfort Systems Usa | 50.27 Bn | 45.53 Bn | 844.23 Mn | 15.68 |
| 4 | Carrier Global | 46.38 Bn | 40.69 Bn | 1.94 Bn | 2.52 |
| 5 | Otis Worldwide | 27.57 Bn | 23.99 Bn | 1.14 Bn | 2.56 |
| 6 | James Hardie Industries | 15.40 Bn | 14.46 Bn | 548.70 Mn | - |
| 7 | Masco | 14.94 Bn | 12.80 Bn | 868.00 Mn | 4.97 |
| 8 | Carlisle Companies | 13.62 Bn | 9.96 Bn | 568.40 Mn | 5.75 |
| 9 | Allegion | 13.47 Bn | 12.18 Bn | 517.50 Mn | 3.96 |
| 10 | Advanced Drainage Systems | 9.95 Bn | 7.74 Bn | 408.05 Mn | 11.01 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.01 |
| Mar 31, 2026 | 2.35 |
| Dec 31, 2025 | 6.68 |
| Sep 30, 2025 | 11.06 |
| Jun 30, 2025 | 10.29 |
| Mar 31, 2025 | 6.22 |
| Dec 31, 2024 | 6.55 |
| Sep 30, 2024 | 10.44 |
| Jun 30, 2024 | 12.99 |
| Mar 31, 2024 | 8.71 |
| Dec 31, 2023 | 9.70 |
| Sep 30, 2023 | 12.19 |
| Jun 30, 2023 | 15.67 |
| Mar 31, 2023 | 9.04 |
| Dec 31, 2022 | 8.42 |
| Sep 30, 2022 | 14.91 |
| Jun 30, 2022 | 18.40 |
| Mar 31, 2022 | 5.04 |
| Dec 31, 2021 | 8.13 |
| Sep 30, 2021 | 8.10 |
API Access
Advanced Drainage Systems Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=WMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "WMS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=WMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();