Advanced Drainage Systems (WMS) FCF Margin (2013 - 2026)
Advanced Drainage Systems (WMS) recorded FCF Margin of 20.30% in fiscal Q1 2027 (quarter ended Jun 30, 2026), down 6.49 percentage points from 26.80% a year earlier but up 22.24 percentage points from the prior quarter.
Advanced Drainage Systems (WMS) FCF Margin (2013 - 2026) Analysis & Trends
On a TTM basis, Advanced Drainage Systems' FCF Margin came in at 17.08% as of Jun 30, 2026, up 1.14 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at 18.66%, up 5.97 percentage points from FY2025.
- Annual FCF Margin has a five-year change of -0.17 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, FCF Margin came in at 12.69% in FY2025 (-5.89 pp), 18.58% in FY2024 (+0.97 pp), 17.61% in FY2023 (+13.07 pp) and 4.54% in FY2022 (-14.29 pp).
- Quarterly FCF Margin has ranged from -6.75% in fiscal Q2 2022 to 28.33% in fiscal Q3 2024 over the past five years.
- On a year-over-year basis, FCF Margin rose in four of the last eight quarters, with an average year-over-year change of +0.51 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 23.48 percentage points in fiscal Q2 2023, against a drop of 31.33 percentage points in fiscal Q2 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -1.94% (Q4 2026), 26.48% (Q3 2026) and 20.75% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 102.75 Bn | 97.47 Bn | 2.26 Bn | 16.09% |
| 2 | Johnson Controls International | 90.01 Bn | 87.74 Bn | 2.47 Bn | 18.05% |
| 3 | Comfort Systems Usa | 51.61 Bn | 46.86 Bn | 844.23 Mn | 30.56% |
| 4 | Carrier Global | 45.80 Bn | 40.11 Bn | 1.94 Bn | 12.75% |
| 5 | Otis Worldwide | 27.26 Bn | 23.68 Bn | 1.14 Bn | 5.78% |
| 6 | James Hardie Industries | 14.86 Bn | 13.93 Bn | 548.70 Mn | 17.24% |
| 7 | Masco | 14.53 Bn | 12.38 Bn | 868.00 Mn | 22.74% |
| 8 | Allegion | 13.32 Bn | 12.03 Bn | 517.50 Mn | 15.68% |
| 9 | Carlisle Companies | 13.28 Bn | 9.63 Bn | 568.40 Mn | 12.74% |
| 10 | Advanced Drainage Systems | 9.78 Bn | 7.58 Bn | 408.05 Mn | 20.30% |
Historic 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% |
Advanced Drainage Systems FCF Margin 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=fcf-margin&ticker=WMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=WMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();