Advanced Drainage Systems (WMS) Shares Outstanding (Diluted) (2013 - 2026)
Advanced Drainage Systems (WMS) reported Weighted Average Shares Outstanding (Diluted) of 77.02 million for fiscal Q1 2027 (quarter ended Jun 30, 2026), down 1.4% from 78.12 million a year earlier and down 1.7% from the prior quarter.
Advanced Drainage Systems (WMS) Shares Outstanding (Diluted) (2013 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Advanced Drainage Systems posted Weighted Average Shares Outstanding (Diluted) of 78.38 million, up 0.2% from FY2025.
- Weighted Average Shares Outstanding (Diluted) has a five-year compound annual growth rate of 1.8% (FY2021 to FY2026).
- By fiscal year, Weighted Average Shares Outstanding (Diluted) came in at 78.19 million in FY2025 (-1.0%), 79.02 million in FY2024 (-5.2%), 83.34 million in FY2023 (+14.3%) and 72.91 million in FY2022 (+1.9%).
- The fiscal Q1 2027 figure ranks as the lowest quarterly Weighted Average Shares Outstanding (Diluted) since fiscal Q4 2022.
- Year over year, Weighted Average Shares Outstanding (Diluted) gained in three of the last eight quarters, with an average decline of 0.5%.
- The high point for year-over-year Weighted Average Shares Outstanding (Diluted) in five years was fiscal Q2 2023 (growth of 17.5%); the low point was fiscal Q2 2024 (a decline of 6.1%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 78.38 million (Q4 2026), 78.45 million (Q3 2026) and 78.31 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 88.43 Bn | 83.04 Bn | 2.38 Bn | 221.40 Mn |
| 2 | Johnson Controls International | 81.95 Bn | 79.68 Bn | 2.47 Bn | 610.00 Mn |
| 3 | Carrier Global | 43.09 Bn | 37.47 Bn | 1.90 Bn | 821.80 Mn |
| 4 | Comfort Systems Usa | 35.64 Bn | 29.60 Bn | 934.48 Mn | 35.15 Mn |
| 5 | Otis Worldwide | 30.11 Bn | 26.50 Bn | 1.16 Bn | 381.90 Mn |
| 6 | James Hardie Industries | 16.21 Bn | 15.14 Bn | 562.40 Mn | 585.80 Mn |
| 7 | Masco | 16.11 Bn | 13.92 Bn | 720.00 Mn | 196.00 Mn |
| 8 | Allegion | 15.72 Bn | 14.35 Bn | 548.20 Mn | 85.20 Mn |
| 9 | Carlisle Companies | 14.80 Bn | 11.71 Bn | 494.90 Mn | 39.60 Mn |
| 10 | Advanced Drainage Systems | 9.35 Bn | 7.81 Bn | 345.86 Mn | 75.79 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 75.79 Mn |
| Jun 30, 2026 | 77.02 Mn |
| Mar 31, 2026 | 78.38 Mn |
| Dec 31, 2025 | 78.45 Mn |
| Sep 30, 2025 | 78.31 Mn |
| Jun 30, 2025 | 78.12 Mn |
| Mar 31, 2025 | 78.19 Mn |
| Dec 31, 2024 | 78.12 Mn |
| Sep 30, 2024 | 78.11 Mn |
| Jun 30, 2024 | 78.28 Mn |
| Mar 31, 2024 | 79.02 Mn |
| Dec 31, 2023 | 78.59 Mn |
| Sep 30, 2023 | 79.31 Mn |
| Jun 30, 2023 | 79.63 Mn |
| Mar 31, 2023 | 83.34 Mn |
| Dec 31, 2022 | 82.99 Mn |
| Sep 30, 2022 | 84.50 Mn |
| Jun 30, 2022 | 84.39 Mn |
| Mar 31, 2022 | 72.91 Mn |
| Dec 31, 2021 | 72.79 Mn |
Advanced Drainage Systems Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=WMS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=WMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();