Advanced Drainage Systems (WMS) Tax Provisions (2013 - 2026)
Advanced Drainage Systems posted quarterly Tax Provisions of $5.4 million for Q1 2026, down 76.87% year-on-year from $23.2 million in Q1 2025, and down 82.47% on a QoQ basis from $30.6 million in Q4 2025.
Advanced Drainage Systems (WMS) has 14 years of Tax Provisions data on file, last reported at $5.4 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions fell 76.87% year-over-year to $5.4 million; the trailing twelve-month figure through Mar 2026 stood at $135.0 million (down 4.31% YoY), and the FY2026 full-year result was $135.0 million, down 4.31% from the prior year.
- Tax Provisions for Q1 2026 stood at $5.4 million, down from $30.6 million in the prior quarter.
- Across five years, Tax Provisions topped out at $55.1 million in Q2 2022 and bottomed at $5.4 million in Q1 2026.
- The 5-year median for Tax Provisions is $30.6 million (2025), against an average of $36.1 million.
- The widest annual swing landed in 2022, when Tax Provisions soared 294.98%; it then sank 76.87% in 2026.
- A 5-year view of Tax Provisions shows it stood at $26.1 million in 2022, then climbed by 15.59% to $30.1 million in 2023, then decreased by 10.09% to $27.1 million in 2024, then rose by 12.79% to $30.6 million in 2025, then plunged by 82.47% to $5.4 million in 2026.
- The last three Tax Provisions figures came in at $5.4 million (Q1 2026), $30.6 million (Q4 2025), and $52.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.95 Bn | 98.89 Bn | 1.73 Bn | 136.30 Mn |
| 2 | Johnson Controls International | 84.54 Bn | 84.01 Bn | 2.07 Bn | 152.00 Mn |
| 3 | Carrier Global | 52.72 Bn | 51.70 Bn | 4.82 Bn | -96.00 Mn |
| 4 | Lennox International | 16.87 Bn | 16.82 Bn | 351.30 Mn | 29.70 Mn |
| 5 | Masco | 13.72 Bn | 13.60 Bn | 686.00 Mn | 63.00 Mn |
| 6 | Carlisle Companies | 13.62 Bn | 12.85 Bn | 363.20 Mn | 35.50 Mn |
| 7 | Aaon | 10.97 Bn | 10.97 Bn | 109.77 Mn | 6.29 Mn |
| 8 | SPX Technologies | 10.37 Bn | 10.22 Bn | 230.60 Mn | 13.00 Mn |
| 9 | Advanced Drainage Systems | 10.34 Bn | 10.19 Bn | 237.66 Mn | 5.36 Mn |
| 10 | Owens Corning | 9.48 Bn | 9.24 Bn | 510.00 Mn | 15.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.36 Mn |
| Dec 31, 2025 | 30.56 Mn |
| Sep 30, 2025 | 52.40 Mn |
| Jun 30, 2025 | 46.67 Mn |
| Mar 31, 2025 | 23.17 Mn |
| Dec 31, 2024 | 27.09 Mn |
| Sep 30, 2024 | 40.92 Mn |
| Jun 30, 2024 | 49.89 Mn |
| Mar 31, 2024 | 26.33 Mn |
| Dec 31, 2023 | 30.13 Mn |
| Sep 30, 2023 | 47.48 Mn |
| Jun 30, 2023 | 55.06 Mn |
| Mar 31, 2023 | 21.95 Mn |
| Dec 31, 2022 | 26.07 Mn |
| Sep 30, 2022 | 47.51 Mn |
| Jun 30, 2022 | 55.07 Mn |
| Mar 31, 2022 | 28.01 Mn |
| Dec 31, 2021 | 28.79 Mn |
| Sep 30, 2021 | 26.82 Mn |
| Jun 30, 2021 | 26.46 Mn |
| Mar 31, 2021 | 7.09 Mn |
| Dec 31, 2020 | 20.26 Mn |
| Sep 30, 2020 | 31.83 Mn |
| Jun 30, 2020 | 27.20 Mn |
| Mar 31, 2020 | -8.76 Mn |
| Dec 31, 2019 | 4.03 Mn |
| Sep 30, 2019 | -3.55 Mn |
| Jun 30, 2019 | 22.37 Mn |
| Mar 31, 2019 | -11.35 Mn |
| Dec 31, 2018 | 2.49 Mn |
| Sep 30, 2018 | 12.19 Mn |
| Jun 30, 2018 | 14.28 Mn |
| Mar 31, 2018 | 800,000.00 |
| Dec 31, 2017 | -7.37 Mn |
| Sep 30, 2017 | 13.44 Mn |
| Jun 30, 2017 | 9.75 Mn |
| Mar 31, 2017 | -3.52 Mn |
| Dec 31, 2016 | 5.99 Mn |
| Sep 30, 2016 | 15.35 Mn |
| Jun 30, 2016 | 14.19 Mn |
| Mar 31, 2016 | 342,000.00 |
| Dec 31, 2015 | 10.09 Mn |
| Sep 30, 2015 | 5.19 Mn |
| Jun 30, 2015 | 7.88 Mn |
| Mar 31, 2015 | -11.58 Mn |
| Dec 31, 2014 | 2.50 Mn |
| Sep 30, 2014 | 7.36 Mn |
| Jun 30, 2014 | 8.01 Mn |
| Mar 31, 2014 | -22.07 Mn |
| Dec 31, 2013 | 23.57 Mn |
| Sep 30, 2013 | 8.93 Mn |
| Jun 30, 2013 | 9.21 Mn |