Advanced Drainage Systems (WMS) Tax Rate (2013 - 2026)

Advanced Drainage Systems (WMS) has reported Tax Rate for 14 consecutive years, with 23.45% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Tax Rate fell 119.0% year-over-year to 23.45%; the trailing twelve-month figure through Jun 2026 stood at 23.69% (down 56.0% YoY), and the FY2026 full-year result was 24.11%, up 18.0% from the prior year.
• Tax Rate advanced to 23.45% in Q2 2026 per WMS's latest filing, from 13.59% in the prior quarter.
• Across five years, Tax Rate topped out at 37.5% in Q1 2022 and bottomed at 13.59% in Q1 2026.
• Historically, Tax Rate has averaged 23.91% across 5 years, with a median of 23.89% in 2022.
• The sharpest annual moves came in 2022 and 2023: Tax Rate soared 1173 bps in 2022, then plunged 1702 bps in 2023.
• Over 5 years, Tax Rate stood at 24.0% in 2022, then retreated by 7 bps to 22.2% in 2023, then advanced by 12 bps to 24.95% in 2024, then slipped by 0 bps to 24.9% in 2025, then fell by 6 bps to 23.45% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 23.45%, 13.59%, and 24.9% for Q2 2026, Q1 2026, and Q4 2025 respectively.