Growth Metrics

Advanced Drainage Systems (WMS) Operating Margin (2016 - 2025)

Advanced Drainage Systems' Operating Margin history spans 13 years, with the latest figure at 19.73% for Q4 2025.

  • For Q4 2025, Operating Margin rose 136.0% year-over-year to 19.73%; the TTM value through Dec 2025 reached 22.84%, down 13.0%, while the annual FY2025 figure was 22.64%, 283.0% down from the prior year.
  • Operating Margin reached 19.73% in Q4 2025 per WMS's latest filing, down from 26.26% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 31.55% in Q2 2023 to a low of 7.41% in Q1 2021.
  • Average Operating Margin over 5 years is 20.95%, with a median of 20.52% recorded in 2024.
  • Peak YoY movement for Operating Margin: tumbled -655bps in 2021, then skyrocketed 1120bps in 2022.
  • A 5-year view of Operating Margin shows it stood at 15.42% in 2021, then grew by 23bps to 19.0% in 2022, then grew by 22bps to 23.14% in 2023, then dropped by -21bps to 18.37% in 2024, then rose by 7bps to 19.73% in 2025.
  • Per Business Quant, the three most recent readings for WMS's Operating Margin are 19.73% (Q4 2025), 26.26% (Q3 2025), and 24.79% (Q2 2025).