Advanced Drainage Systems (WMS) Net Margin (2013 - 2026)
Advanced Drainage Systems' (WMS) quarterly Net Margin came in at 16.94% in Q2 2026, down 26.0% on a YoY basis from 22.9% in Q2 2025, and up 236.51% quarter-over-quarter from 5.03% in Q1 2026.
Analysis
Advanced Drainage Systems (WMS) Net Margin (2013 - 2026) Analysis & Trends
Advanced Drainage Systems (WMS) has reported Net Margin for 14 consecutive years, with 16.94% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 26.0% year-over-year to 16.94%; the trailing twelve-month figure through Jun 2026 stood at 14.02% (down 73.0% YoY), and the FY2026 full-year result was 13.89%, down 155.0% from the prior year.
- Net Margin rose to 16.94% in Q2 2026 per WMS's latest filing, from 5.03% in the prior quarter.
- Across five years, Net Margin topped out at 22.14% in Q2 2023 and bottomed at 5.03% in Q1 2026.
- Historically, Net Margin has averaged 15.11% across 5 years, with a median of 16.29% in 2024.
- The sharpest annual moves came in 2022 and 2026: Net Margin jumped 897 bps in 2022, then plunged 732 bps in 2026.
- Over 5 years, Net Margin stood at 12.6% in 2022, then rose by 27 bps to 15.94% in 2023, then fell by 26 bps to 11.8% in 2024, then grew by 13 bps to 13.3% in 2025, then advanced by 27 bps to 16.94% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 16.94%, 5.03%, and 13.3% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Otis Worldwide | 26.54 Bn | 25.73 Bn | 1.14 Bn | 11.64% |
| 2 | James Hardie Industries | 17.99 Bn | 17.70 Bn | 548.70 Mn | 7.07% |
| 3 | Masco | 13.79 Bn | 13.25 Bn | 868.00 Mn | 16.72% |
| 4 | Carlisle Companies | 13.57 Bn | 12.91 Bn | 568.40 Mn | 16.25% |
| 5 | Allegion | 13.01 Bn | 12.69 Bn | 517.50 Mn | 16.03% |
| 6 | Owens Corning | 10.35 Bn | 10.08 Bn | 793.00 Mn | 8.24% |
| 7 | Advanced Drainage Systems | 10.08 Bn | 9.92 Bn | 408.05 Mn | 16.94% |
| 8 | Acuity Inc. (De) | 9.72 Bn | 9.31 Bn | 606.40 Mn | 11.77% |
| 9 | Zurn Elkay Water Solutions | 7.79 Bn | 7.42 Bn | 288.30 Mn | 23.08% |
| 10 | Simpson Manufacturing | 7.22 Bn | 6.77 Bn | 318.19 Mn | 18.93% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.94% |
| Mar 31, 2026 | 5.03% |
| Dec 31, 2025 | 13.30% |
| Sep 30, 2025 | 18.32% |
| Jun 30, 2025 | 17.20% |
| Mar 31, 2025 | 12.35% |
| Dec 31, 2024 | 11.80% |
| Sep 30, 2024 | 16.64% |
| Jun 30, 2024 | 19.70% |
| Mar 31, 2024 | 14.35% |
| Dec 31, 2023 | 15.94% |
| Sep 30, 2023 | 17.45% |
| Jun 30, 2023 | 22.14% |
| Mar 31, 2023 | 13.79% |
| Dec 31, 2022 | 12.60% |
| Sep 30, 2022 | 17.13% |
| Jun 30, 2022 | 20.50% |
| Mar 31, 2022 | 6.88% |
| Dec 31, 2021 | 10.31% |
| Sep 30, 2021 | 10.77% |