Advanced Drainage Systems (WMS) Operating Expenses (2013 - 2021)
Advanced Drainage Systems (WMS) reported Operating Expenses of $76.2 million for Q2 2021, up 21.22% on a YoY basis from $62.9 million in Q2 2020, and down 53.17% quarter-over-quarter from $162.8 million in Q1 2021.
Advanced Drainage Systems (WMS) Operating Expenses (2013 - 2021) Analysis & Trends
Advanced Drainage Systems has reported Operating Expenses for 9 years, with the latest figure at $76.2 million in Q2 2021.
- For the quarter ending Q2 2021, Operating Expenses rose 21.22% year-over-year to $76.2 million; the trailing twelve-month figure through Mar 2022 stood at $76.2 million (down 74.39% YoY), and the FY2021 full-year result was $269.5 million, down 0.69% from the prior year.
- Operating Expenses for Q2 2021 stood at $76.2 million, down from $162.8 million in the prior quarter.
- The five-year high for Operating Expenses was $162.8 million in Q1 2021, with the low at $21.4 million in Q2 2018.
- Historically, Operating Expenses has averaged $54.2 million across 5 years, with a median of $34.1 million in 2017.
- Annual changes were most pronounced in 2018 — Operating Expenses declined 27.18% — and 2019, when it jumped 341.35%.
- Advanced Drainage Systems' Operating Expenses stood at $24.9 million in 2017, then decreased by 9.29% to $22.6 million in 2018, then jumped by 64.15% to $37.0 million in 2019, then retreated by 1.77% to $36.4 million in 2020, then surged by 109.58% to $76.2 million in 2021.
- The last three Operating Expenses figures came in at $76.2 million (Q2 2021), $162.8 million (Q1 2021), and $36.4 million (Q4 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 107.22 Bn | 106.17 Bn | 1.73 Bn | 952.00 Mn |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 1.22 Bn |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 5.10 Bn |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 185.20 Mn |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 369.00 Mn |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 183.90 Mn |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 14.50 Mn |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | - |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 65.81 Mn |
| 10 | Owens Corning | 10.30 Bn | 10.07 Bn | 510.00 Mn | 390.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2021 | 76.22 Mn |
| Mar 31, 2021 | 162.75 Mn |
| Dec 31, 2020 | 36.37 Mn |
| Sep 30, 2020 | 35.61 Mn |
| Jun 30, 2020 | 62.88 Mn |
| Mar 31, 2020 | 154.85 Mn |
| Dec 31, 2019 | 37.02 Mn |
| Sep 30, 2019 | 48.03 Mn |
| Jun 30, 2019 | 31.43 Mn |
| Mar 31, 2019 | 121.11 Mn |
| Dec 31, 2018 | 22.55 Mn |
| Sep 30, 2018 | 22.61 Mn |
| Jun 30, 2018 | 21.38 Mn |
| Mar 31, 2018 | 27.44 Mn |
| Dec 31, 2017 | 24.87 Mn |
| Sep 30, 2017 | 28.17 Mn |
| Jun 30, 2017 | 29.36 Mn |
| Mar 31, 2017 | 32.52 Mn |
| Dec 31, 2016 | 22.72 Mn |
| Sep 30, 2016 | 21.18 Mn |