Advanced Drainage Systems (WMS) FCF Margin (2013 - 2026)
Advanced Drainage Systems' (WMS) quarterly FCF Margin came in at 1.94% in Q1 2026, down 108.0% YoY from 24.21% in Q1 2025, and down 107.32% on a QoQ basis from 26.48% in Q4 2025.
Advanced Drainage Systems (WMS) FCF Margin (2013 - 2026) Analysis & Trends
Advanced Drainage Systems (WMS) has 14 years of FCF Margin data on file, last reported at 1.94% in Q1 2026.
- Quarterly FCF Margin fell 108.0% year-over-year to 1.94% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.66% (up 597.0% YoY) and the FY2026 annual result came in at 18.66%, up 597.0% from the prior year.
- FCF Margin eased to 1.94% in Q1 2026, from 26.48% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 28.33% in Q4 2023 to a low of 4.55% in Q1 2024.
- A 5-year average of 15.59% and a median of 19.65% in 2024 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2022 — FCF Margin surged 2348 bps — and 2024, when it tumbled 1053 bps.
- Tracing WMS's FCF Margin over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | 16.09% |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | - |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | 12.75% |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | 22.74% |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 12.74% |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 8.82% |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 7.22% |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | 20.30% |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | 10.09% |
| 10 | Armstrong World Industries | 7.58 Bn | 7.50 Bn | 195.00 Mn | 14.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.30% |
| 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 | 23.36% |
| Mar 31, 2022 | 4.77% |
| Dec 31, 2021 | 8.72% |
| Sep 30, 2021 | -6.75% |