Advanced Drainage Systems (WMS) FCF Margin (2013 - 2026)

Advanced Drainage Systems (WMS) reported FCF Margin of 1.94% for Q1 2026, down 108.0% on a YoY basis from 24.21% in Q1 2025, and down 107.32% quarter-over-quarter from 26.48% in Q4 2025.

Advanced Drainage Systems (WMS) FCF Margin (2013 - 2026) Analysis & Trends

Advanced Drainage Systems has reported FCF Margin for 14 years, with the latest figure at 1.94% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 108.0% year-over-year to 1.94%; the trailing twelve-month figure through Mar 2026 stood at 18.66% (up 597.0% YoY), and the FY2026 full-year result was 18.66%, up 597.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 1.94%, down from 26.48% in the prior quarter.
  • The five-year high for FCF Margin was 28.33% in Q4 2023, with the low at 4.55% in Q1 2024.
  • Historically, FCF Margin has averaged 15.71% across 5 years, with a median of 19.65% in 2024.
  • Annual changes were most pronounced in 2022 — FCF Margin surged 2348 bps — and 2024, when it tumbled 1053 bps.
  • Advanced Drainage Systems' FCF Margin stood at 26.27% in 2022, then advanced by 8 bps to 28.33% in 2023, then sank by 31 bps to 19.65% in 2024, then surged by 35 bps to 26.48% in 2025, then sank by 107 bps to 1.94% in 2026.
  • The last three FCF Margin figures came in at 1.94% (Q1 2026), 26.48% (Q4 2025), and 20.75% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Trane Technologies 107.22 Bn 106.17 Bn 1.73 Bn 11.00%
2 Johnson Controls International 89.13 Bn 88.60 Bn 2.07 Bn 9.16%
3 Carrier Global 60.07 Bn 59.04 Bn 4.82 Bn -0.52%
4 Lennox International 18.56 Bn 18.51 Bn 351.30 Mn -3.47%
5 Masco 15.26 Bn 15.14 Bn 686.00 Mn -5.89%
6 Carlisle Companies 14.75 Bn 13.98 Bn 363.20 Mn -6.94%
7 SPX Technologies 12.03 Bn 11.87 Bn 230.60 Mn 1.99%
8 Advanced Drainage Systems 11.45 Bn 11.30 Bn 237.66 Mn -1.94%
9 Aaon 11.16 Bn 11.16 Bn 109.77 Mn -10.18%
10 Owens Corning 10.30 Bn 10.07 Bn 510.00 Mn -17.09%

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.94%
Dec 31, 2025 26.48%
Sep 30, 2025 20.75%
Jun 30, 2025 26.80%
Mar 31, 2025 -0.86%
Dec 31, 2024 19.65%
Sep 30, 2024 14.37%
Jun 30, 2024 15.42%
Mar 31, 2024 -4.55%
Dec 31, 2023 28.33%
Sep 30, 2023 22.35%
Jun 30, 2023 25.95%
Mar 31, 2023 1.18%
Dec 31, 2022 26.27%
Sep 30, 2022 16.73%
Jun 30, 2022 25.47%
Mar 31, 2022 4.77%
Dec 31, 2021 8.72%
Sep 30, 2021 -6.75%
Jun 30, 2021 14.61%