Advanced Drainage Systems (WMS) Net Margin (2013 - 2026)
Advanced Drainage Systems' Net Margin was 16.83% in fiscal Q1 2027 (quarter ended Jun 30, 2026), down 0.51 percentage points from 17.34% a year earlier but up 11.97 percentage points from the prior quarter.
Advanced Drainage Systems (WMS) Net Margin (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Advanced Drainage Systems' Net Margin was 14.00% through Jun 30, 2026, down 0.82 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at 13.98%, down 1.52 percentage points from FY2025.
- Net Margin shows a five-year change of +4.63 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Net Margin was 15.50% in FY2025 (-2.24 pp), 17.74% in FY2024 (+1.23 pp), 16.51% in FY2023 (+6.71 pp) and 9.80% in FY2022 (+0.45 pp).
- Quarterly Net Margin has moved between 4.86% (fiscal Q4 2026) and 22.32% (fiscal Q1 2024) over five years.
- Compared with a year earlier, Net Margin was higher in two of the last eight quarters, with an average year-over-year change of -1.76 percentage points.
- The best year-over-year quarter for Net Margin over five years was fiscal Q1 2023 (a gain of 11.00 percentage points); the worst was fiscal Q4 2026 (a drop of 7.67 percentage points).
- Per Business Quant data, WMS's Net Margin in the three fiscal quarters before Q1 2027 was 4.86% (Q4 2026), 13.50% (Q3 2026) and 18.35% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 102.75 Bn | 97.47 Bn | 2.26 Bn | 14.57% |
| 2 | Johnson Controls International | 90.01 Bn | 87.74 Bn | 2.47 Bn | 11.32% |
| 3 | Comfort Systems Usa | 51.61 Bn | 46.86 Bn | 844.23 Mn | 13.52% |
| 4 | Carrier Global | 45.80 Bn | 40.11 Bn | 1.94 Bn | 7.89% |
| 5 | Otis Worldwide | 27.26 Bn | 23.68 Bn | 1.14 Bn | 11.09% |
| 6 | James Hardie Industries | 14.86 Bn | 13.93 Bn | 548.70 Mn | 7.07% |
| 7 | Masco | 14.53 Bn | 12.38 Bn | 868.00 Mn | 15.96% |
| 8 | Allegion | 13.32 Bn | 12.03 Bn | 517.50 Mn | 16.03% |
| 9 | Carlisle Companies | 13.28 Bn | 9.63 Bn | 568.40 Mn | 16.25% |
| 10 | Advanced Drainage Systems | 9.78 Bn | 7.58 Bn | 408.05 Mn | 16.83% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.83% |
| Mar 31, 2026 | 4.86% |
| Dec 31, 2025 | 13.50% |
| Sep 30, 2025 | 18.35% |
| Jun 30, 2025 | 17.34% |
| Mar 31, 2025 | 12.53% |
| Dec 31, 2024 | 11.76% |
| Sep 30, 2024 | 16.66% |
| Jun 30, 2024 | 19.80% |
| Mar 31, 2024 | 14.50% |
| Dec 31, 2023 | 15.95% |
| Sep 30, 2023 | 17.41% |
| Jun 30, 2023 | 22.32% |
| Mar 31, 2023 | 13.91% |
| Dec 31, 2022 | 12.52% |
| Sep 30, 2022 | 17.19% |
| Jun 30, 2022 | 20.47% |
| Mar 31, 2022 | 6.83% |
| Dec 31, 2021 | 10.30% |
| Sep 30, 2021 | 10.67% |
Advanced Drainage Systems Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=WMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "WMS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=WMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();