Growth Metrics

Advanced Drainage Systems (WMS) Gross Margin (2016 - 2025)

Advanced Drainage Systems' Gross Margin history spans 13 years, with the latest figure at 37.38% for Q4 2025.

  • For Q4 2025, Gross Margin rose 239.0% year-over-year to 37.38%; the TTM value through Dec 2025 reached 38.67%, up 61.0%, while the annual FY2025 figure was 37.68%, 219.0% down from the prior year.
  • Gross Margin reached 37.38% in Q4 2025 per WMS's latest filing, down from 40.0% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 42.6% in Q2 2023 to a low of 28.05% in Q1 2022.
  • Average Gross Margin over 5 years is 35.78%, with a median of 37.06% recorded in 2025.
  • Peak YoY movement for Gross Margin: tumbled -951bps in 2021, then soared 847bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 29.21% in 2021, then grew by 17bps to 34.18% in 2022, then rose by 15bps to 39.23% in 2023, then fell by -11bps to 34.99% in 2024, then rose by 7bps to 37.38% in 2025.
  • Per Business Quant, the three most recent readings for WMS's Gross Margin are 37.38% (Q4 2025), 40.0% (Q3 2025), and 39.82% (Q2 2025).