Advanced Drainage Systems (WMS) Net Margin (2013 - 2026)
Advanced Drainage Systems' (WMS) quarterly Net Margin came in at 5.03% in Q1 2026, down 732.0% YoY from 0.8% in Q1 2025, and down 62.13% on a QoQ basis from 13.3% in Q4 2025.
Advanced Drainage Systems (WMS) Net Margin (2013 - 2026) Analysis & Trends
Advanced Drainage Systems (WMS) has 14 years of Net Margin data on file, last reported at 5.03% in Q1 2026.
- Quarterly Net Margin fell 732.0% year-over-year to 5.03% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 13.93% (down 151.0% YoY) and the FY2026 annual result came in at 0.04%, changed N/A from the prior year.
- Net Margin eased to 5.03% in Q1 2026, from 13.3% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 22.14% in Q2 2023 to a low of 5.03% in Q1 2026.
- A 5-year average of 15.01% and a median of 15.94% in 2023 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin soared 897 bps — and 2026, when it tumbled 732 bps.
- Tracing WMS's Net Margin over 5 years: stood at 12.6% in 2022, then grew by 27 bps to 15.94% in 2023, then dropped by 26 bps to 11.8% in 2024, then advanced by 13 bps to 13.3% in 2025, then sank by 62 bps to 5.03% in 2026.
- The last three Net Margin figures came in at 5.03% (Q1 2026), 13.3% (Q4 2025), and 18.32% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.71 Bn | 98.39 Bn | 2.26 Bn | 14.72% |
| 2 | Johnson Controls International | 87.29 Bn | 86.65 Bn | 2.47 Bn | 11.37% |
| 3 | Carrier Global | 49.78 Bn | 48.43 Bn | 1.94 Bn | 7.89% |
| 4 | Masco | 14.62 Bn | 14.07 Bn | 868.00 Mn | 16.72% |
| 5 | Carlisle Companies | 14.41 Bn | 13.74 Bn | 568.40 Mn | 16.25% |
| 6 | Lennox International | 14.06 Bn | 14.01 Bn | 539.50 Mn | 17.41% |
| 7 | Owens Corning | 11.84 Bn | 11.57 Bn | 793.00 Mn | 8.24% |
| 8 | Advanced Drainage Systems | 10.91 Bn | 10.75 Bn | 408.05 Mn | 16.94% |
| 9 | SPX Technologies | 10.27 Bn | 10.10 Bn | 272.80 Mn | 11.55% |
| 10 | Armstrong World Industries | 7.58 Bn | 7.50 Bn | 195.00 Mn | 20.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.56% |
| 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% |