Growth Metrics

Advanced Drainage Systems (WMS) Net Margin (2013 - 2026)

Advanced Drainage Systems posted quarterly Net Margin of 1.55% for Q1 2026, down 793.0% year-on-year from 0.22% in Q1 2025, and down 84.58% on a QoQ basis from 10.06% in Q4 2025.

Advanced Drainage Systems (WMS) has 14 years of Net Margin data on file, last reported at 1.55% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 793.0% year-over-year to 1.55%; the trailing twelve-month figure through Mar 2026 stood at 11.13% (down 186.0% YoY), and the FY2026 full-year result was 0.81%, down 20.0% from the prior year.
  • Net Margin for Q1 2026 stood at 1.55%, down from 10.06% in the prior quarter.
  • Across five years, Net Margin topped out at 19.72% in Q2 2023 and bottomed at 1.55% in Q1 2026.
  • The 5-year median for Net Margin is 12.67% (2023), against an average of 12.4%.
  • The widest annual swing landed in 2022, when Net Margin jumped 906 bps; it then tumbled 793 bps in 2026.
  • A 5-year view of Net Margin shows it stood at 9.91% in 2022, then advanced by 28 bps to 12.67% in 2023, then slipped by 28 bps to 9.18% in 2024, then grew by 10 bps to 10.06% in 2025, then slumped by 85 bps to 1.55% in 2026.
  • The last three Net Margin figures came in at 1.55% (Q1 2026), 10.06% (Q4 2025), and 15.94% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Trane Technologies 99.95 Bn 98.89 Bn 1.73 Bn -0.20%
2 Johnson Controls International 84.54 Bn 84.01 Bn 2.07 Bn -1.04%
3 Carrier Global 52.72 Bn 51.70 Bn 4.82 Bn 4.47%
4 Lennox International 16.87 Bn 16.82 Bn 351.30 Mn 10.33%
5 Masco 13.72 Bn 13.60 Bn 686.00 Mn 11.89%
6 Carlisle Companies 13.62 Bn 12.85 Bn 363.20 Mn -
7 Aaon 10.97 Bn 10.97 Bn 109.77 Mn 7.55%
8 SPX Technologies 10.37 Bn 10.22 Bn 230.60 Mn -0.79%
9 Advanced Drainage Systems 10.34 Bn 10.19 Bn 237.66 Mn 1.55%
10 Owens Corning 9.48 Bn 9.24 Bn 510.00 Mn -6.31%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 1.55%
Dec 31, 2025 10.06%
Sep 30, 2025 15.94%
Jun 30, 2025 14.89%
Mar 31, 2025 9.48%
Dec 31, 2024 9.18%
Sep 30, 2024 14.40%
Jun 30, 2024 17.50%
Mar 31, 2024 11.47%
Dec 31, 2023 12.67%
Sep 30, 2023 14.96%
Jun 30, 2023 19.72%
Mar 31, 2023 10.96%
Dec 31, 2022 9.91%
Sep 30, 2022 15.17%
Jun 30, 2022 18.53%
Mar 31, 2022 4.43%
Dec 31, 2021 8.16%
Sep 30, 2021 8.68%
Jun 30, 2021 9.48%
Mar 31, 2021 3.74%
Dec 31, 2020 9.19%
Sep 30, 2020 12.16%
Jun 30, 2020 11.37%
Mar 31, 2020 0.17%
Dec 31, 2019 4.86%
Sep 30, 2019 1.22%
Jun 30, 2019 -56.45%
Mar 31, 2019 0.35%
Dec 31, 2018 4.49%
Sep 30, 2018 6.36%
Jun 30, 2018 7.49%
Mar 31, 2018 -2.03%
Dec 31, 2017 9.00%
Sep 30, 2017 3.98%
Jun 30, 2017 4.41%
Mar 31, 2017 2.87%
Dec 31, 2016 2.62%
Sep 30, 2016 5.79%
Jun 30, 2016 4.88%
Mar 31, 2016 -4.53%
Dec 31, 2015 3.65%
Sep 30, 2015 2.80%
Jun 30, 2015 3.24%
Mar 31, 2015 -11.86%
Dec 31, 2014 -1.77%
Sep 30, 2014 6.33%
Jun 30, 2014 -3.95%
Mar 31, 2014 -12.88%
Dec 31, 2013 -3.76%
Sep 30, 2013 3.04%
Jun 30, 2013 3.41%