Advanced Drainage Systems (WMS) Shares Outstanding (Diluted Average) (2020 - 2026)
Advanced Drainage Systems (WMS) reported Shares Outstanding (Diluted Average) of $78.4 million for Q1 2026, little changed on a YoY basis from $78.2 million in Q1 2025, and little changed quarter-over-quarter from $78.4 million in Q4 2025.
Advanced Drainage Systems (WMS) Shares Outstanding (Diluted Average) (2020 - 2026) Analysis & Trends
Advanced Drainage Systems has reported Shares Outstanding (Diluted Average) for 7 years, with the latest figure 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.
- The five-year high for Shares Outstanding (Diluted Average) was $84.5 million in Q3 2022, with the low at $72.9 million in Q1 2022.
- Historically, Shares Outstanding (Diluted Average) has averaged $79.6 million across 5 years, with a median of $78.4 million in 2025.
- Annual changes were most pronounced in 2022 — Shares Outstanding (Diluted Average) increased 17.46% — and 2023, when it retreated 6.13%.
- Advanced Drainage Systems' Shares Outstanding (Diluted Average) stood at $84.0 million in 2022, then retreated by 5.71% to $79.2 million in 2023, then slipped by 1.25% to $78.2 million in 2024, then increased by 0.32% to $78.4 million in 2025, then retreated 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 | 107.22 Bn | 106.17 Bn | 1.73 Bn | 223.10 Mn |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | - |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | 842.80 Mn |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 35.00 Mn |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | - |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 41.10 Mn |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 50.52 Mn |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 78.38 Mn |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 83.11 Mn |
| 10 | Owens Corning | 10.30 Bn | 10.07 Bn | 510.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 78.20 Mn |
| Sep 30, 2024 | 78.19 Mn |
| Jun 30, 2024 | 78.28 Mn |
| Mar 31, 2024 | 79.02 Mn |
| Dec 31, 2023 | 79.19 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 | 72.79 Mn |
| Sep 30, 2021 | 71.92 Mn |
| Jun 30, 2021 | 73.12 Mn |