Advanced Drainage Systems (WMS) Net Margin (2013 - 2026)
Advanced Drainage Systems (WMS) reported Net Margin of 1.55% for Q1 2026, down 793.0% on a YoY basis from 0.22% in Q1 2025, and down 84.58% quarter-over-quarter from 10.06% in Q4 2025.
Advanced Drainage Systems (WMS) Net Margin (2013 - 2026) Analysis & Trends
Advanced Drainage Systems has reported Net Margin for 14 years, with the latest figure 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.
- The five-year high for Net Margin was 19.72% in Q2 2023, with the low at 1.55% in Q1 2026.
- Historically, Net Margin has averaged 12.4% across 5 years, with a median of 12.67% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin jumped 906 bps — and 2026, when it sank 793 bps.
- Advanced Drainage Systems' Net Margin stood at 9.91% in 2022, then gained by 28 bps to 12.67% in 2023, then decreased by 28 bps to 9.18% in 2024, then climbed by 10 bps to 10.06% in 2025, then tumbled 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | -0.20% |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | -1.04% |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 4.47% |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 10.33% |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 11.89% |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | - |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | -0.79% |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 1.55% |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 7.55% |
| 10 | Owens Corning | 10.30 Bn | 10.07 Bn | 510.00 Mn | -6.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |