Advanced Drainage Systems (WMS) Tax Provisions (2013 - 2026)
Advanced Drainage Systems' (WMS) quarterly Tax Provisions came in at $5.4 million in Q1 2026, down 76.87% YoY 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) Tax Provisions (2013 - 2026) Analysis & Trends
Advanced Drainage Systems (WMS) has 14 years of Tax Provisions data on file, last reported at $5.4 million in Q1 2026.
- Quarterly Tax Provisions fell 76.87% year-over-year to $5.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $135.0 million (down 4.31% YoY) and the FY2026 annual result came in at $135.0 million, down 4.31% from the prior year.
- Tax Provisions eased to $5.4 million in Q1 2026, from $30.6 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $55.1 million in Q2 2022 to a low of $5.4 million in Q1 2026.
- A 5-year average of $36.1 million and a median of $30.6 million in 2025 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2022 — Tax Provisions soared 294.98% — and 2026, when it tumbled 76.87%.
- Tracing WMS's Tax Provisions over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.21 Bn | 98.89 Bn | 2.26 Bn | 218.20 Mn |
| 2 | Johnson Controls International | 87.02 Bn | 86.38 Bn | 2.47 Bn | 165.00 Mn |
| 3 | Carrier Global | 50.08 Bn | 48.73 Bn | 1.94 Bn | 180.00 Mn |
| 4 | Carlisle Companies | 14.80 Bn | 14.14 Bn | 568.40 Mn | 76.00 Mn |
| 5 | Masco | 14.60 Bn | 14.06 Bn | 868.00 Mn | 107.00 Mn |
| 6 | Lennox International | 13.99 Bn | 13.94 Bn | 539.50 Mn | 70.60 Mn |
| 7 | Owens Corning | 11.96 Bn | 11.69 Bn | 793.00 Mn | 102.00 Mn |
| 8 | Advanced Drainage Systems | 11.02 Bn | 10.86 Bn | 408.05 Mn | 53.69 Mn |
| 9 | SPX Technologies | 10.33 Bn | 10.16 Bn | 272.80 Mn | 22.90 Mn |
| 10 | Armstrong World Industries | 7.60 Bn | 7.52 Bn | 195.00 Mn | 30.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 53.69 Mn |
| 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 |