Advanced Drainage Systems (WMS) Shares Outstanding (Diluted Average) (2020 - 2026)
Advanced Drainage Systems posted quarterly Shares Outstanding (Diluted Average) of $78.4 million for Q1 2026, little changed year-on-year from $78.2 million in Q1 2025, and little changed on a QoQ basis from $78.4 million in Q4 2025.
Advanced Drainage Systems (WMS) has 7 years of Shares Outstanding (Diluted Average) data on file, last reported at $78.4 million in Q1 2026.
- For the quarter ending Q1 2026, Shares Outstanding (Diluted Average) changed 0.25% year-over-year to $78.4 million; the trailing twelve-month figure through Mar 2026 stood at $78.4 million (changed 0.25% YoY), and the FY2026 full-year result was $78.4 million, changed 0.25% from the prior year.
- Shares Outstanding (Diluted Average) for Q1 2026 stood at $78.4 million, roughly flat from $78.4 million in the prior quarter.
- Across five years, Shares Outstanding (Diluted Average) topped out at $84.5 million in Q3 2022 and bottomed at $72.9 million in Q1 2022.
- The 5-year median for Shares Outstanding (Diluted Average) is $78.4 million (2025), against an average of $79.6 million.
- The widest annual swing landed in 2022, when Shares Outstanding (Diluted Average) increased 17.46%; it then retreated 6.13% in 2023.
- A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $84.0 million in 2022, then decreased by 5.71% to $79.2 million in 2023, then dropped by 1.25% to $78.2 million in 2024, then rose by 0.32% to $78.4 million in 2025, then decreased by 0.08% to $78.4 million in 2026.
- The last three Shares Outstanding (Diluted Average) figures came in at $78.4 million (Q1 2026), $78.4 million (Q4 2025), and $78.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 223.10 Mn |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | - |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | 842.80 Mn |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 35.00 Mn |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | - |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 41.10 Mn |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 83.11 Mn |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 50.52 Mn |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 78.38 Mn |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 78.38 Mn |
| Dec 31, 2025 | 78.34 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 | 78.19 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 | 83.98 Mn |
| Sep 30, 2022 | 84.49 Mn |
| Jun 30, 2022 | 84.39 Mn |
| Mar 31, 2022 | 72.91 Mn |
| Dec 31, 2021 | 72.75 Mn |
| Sep 30, 2021 | 71.92 Mn |
| Jun 30, 2021 | 73.12 Mn |
| Mar 31, 2021 | 71.57 Mn |
| Dec 31, 2020 | 70.85 Mn |
| Sep 30, 2020 | 70.76 Mn |
| Mar 31, 2020 | 63.82 Mn |