Advanced Drainage Systems (WMS) Return on Invested Capital [ROIC] (2014 - 2026)
Advanced Drainage Systems' Return on Invested Capital [ROIC] came in at 14.72% for fiscal Q1 2027 (quarter ended Jun 30, 2026), down 2.05 percentage points from 16.77% a year earlier but up 0.75 percentage points from the prior quarter.
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Analysis
Advanced Drainage Systems (WMS) Return on Invested Capital [ROIC] (2014 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Advanced Drainage Systems' Return on Invested Capital [ROIC] was 14.92%, down 4.14 percentage points from FY2025.
- Return on Invested Capital [ROIC] has declined in each of the last three fiscal years, with a five-year change of -0.38 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Return on Invested Capital [ROIC] was 19.06% in FY2025 (-5.35 pp), 24.40% in FY2024 (-3.57 pp), 27.98% in FY2023 (+11.00 pp) and 16.97% in FY2022 (+1.67 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is 13.97% (fiscal Q4 2026) to 25.36% (fiscal Q4 2023).
- Year-over-year, Return on Invested Capital [ROIC] has declined for ten consecutive quarters, with an average year-over-year change of -3.72 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in fiscal Q4 2023 (a gain of 9.07 percentage points), and the weakest in fiscal Q4 2025 (a drop of 5.08 percentage points).
- Business Quant data shows WMS's Return on Invested Capital [ROIC] at 13.97% (Q4 2026), 16.24% (Q3 2026) and 16.75% (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.89 Bn | 92.63 Bn | 2.26 Bn | 24.37% |
| 2 | Johnson Controls International | 87.19 Bn | 84.95 Bn | 2.47 Bn | 10.45% |
| 3 | Carrier Global | 46.36 Bn | 40.99 Bn | 1.94 Bn | 6.45% |
| 4 | Comfort Systems Usa | 40.59 Bn | 34.55 Bn | 934.48 Mn | 15.98% |
| 5 | Otis Worldwide | 28.61 Bn | 25.21 Bn | 1.14 Bn | 69.71% |
| 6 | Allegion | 15.24 Bn | 13.95 Bn | 517.50 Mn | 17.94% |
| 7 | James Hardie Industries | 15.18 Bn | 14.25 Bn | 548.70 Mn | 2.57% |
| 8 | Masco | 14.99 Bn | 13.10 Bn | 868.00 Mn | 33.91% |
| 9 | Carlisle Companies | 13.74 Bn | 10.09 Bn | 568.40 Mn | 17.39% |
| 10 | Advanced Drainage Systems | 9.30 Bn | 7.16 Bn | 408.05 Mn | 14.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.72% |
| Mar 31, 2026 | 13.97% |
| Dec 31, 2025 | 16.24% |
| Sep 30, 2025 | 16.75% |
| Jun 30, 2025 | 16.77% |
| Mar 31, 2025 | 18.06% |
| Dec 31, 2024 | 19.14% |
| Sep 30, 2024 | 20.73% |
| Jun 30, 2024 | 21.80% |
| Mar 31, 2024 | 23.15% |
| Dec 31, 2023 | 23.47% |
| Sep 30, 2023 | 23.06% |
| Jun 30, 2023 | 24.98% |
| Mar 31, 2023 | 25.36% |
| Dec 31, 2022 | 22.00% |
| Sep 30, 2022 | 21.07% |
| Jun 30, 2022 | 19.66% |
| Mar 31, 2022 | 16.29% |
| Dec 31, 2021 | 15.80% |
| Sep 30, 2021 | 15.48% |
API Access
Advanced Drainage Systems Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=WMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=WMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();