Advanced Drainage Systems (WMS) Tax Provisions (2013 - 2026)
Advanced Drainage Systems (WMS) reported Tax Provisions of $5.4 million for Q1 2026, down 76.87% on a YoY basis from $23.2 million in Q1 2025, and down 82.47% quarter-over-quarter from $30.6 million in Q4 2025.
Advanced Drainage Systems (WMS) Tax Provisions (2013 - 2026) Analysis & Trends
Advanced Drainage Systems has reported Tax Provisions for 14 years, with the latest figure 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.
- The five-year high for Tax Provisions was $55.1 million in Q2 2022, with the low at $5.4 million in Q1 2026.
- Historically, Tax Provisions has averaged $36.1 million across 5 years, with a median of $30.6 million in 2025.
- Annual changes were most pronounced in 2022 — Tax Provisions soared 294.98% — and 2026, when it tumbled 76.87%.
- Advanced Drainage Systems' Tax Provisions stood at $26.1 million in 2022, then advanced by 15.59% to $30.1 million in 2023, then retreated by 10.09% to $27.1 million in 2024, then increased by 12.79% to $30.6 million in 2025, then sank 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 | 107.22 Bn | 106.17 Bn | 1.73 Bn | 136.30 Mn |
| 2 | Johnson Controls International | 89.13 Bn | 88.60 Bn | 2.07 Bn | 152.00 Mn |
| 3 | Carrier Global | 60.07 Bn | 59.04 Bn | 4.82 Bn | -96.00 Mn |
| 4 | Lennox International | 18.56 Bn | 18.51 Bn | 351.30 Mn | 29.70 Mn |
| 5 | Masco | 15.26 Bn | 15.14 Bn | 686.00 Mn | 63.00 Mn |
| 6 | Carlisle Companies | 14.75 Bn | 13.98 Bn | 363.20 Mn | 35.50 Mn |
| 7 | SPX Technologies | 12.03 Bn | 11.87 Bn | 230.60 Mn | 13.00 Mn |
| 8 | Advanced Drainage Systems | 11.45 Bn | 11.30 Bn | 237.66 Mn | 5.36 Mn |
| 9 | Aaon | 11.16 Bn | 11.16 Bn | 109.77 Mn | 6.29 Mn |
| 10 | Owens Corning | 10.30 Bn | 10.07 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 |