Growth Metrics

Advanced Drainage Systems (WMS) Tax Rate (2016 - 2025)

Advanced Drainage Systems' Tax Rate history spans 13 years, with the latest figure at 24.9% for Q4 2025.

  • For Q4 2025, Tax Rate fell 6.0% year-over-year to 24.9%; the TTM value through Dec 2025 reached 24.66%, up 103.0%, while the annual FY2025 figure was 23.93%, 8.0% up from the prior year.
  • Tax Rate reached 24.9% in Q4 2025 per WMS's latest filing, down from 25.17% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 37.5% in Q1 2022 to a low of 20.49% in Q1 2023.
  • Average Tax Rate over 5 years is 24.94%, with a median of 24.43% recorded in 2025.
  • Peak YoY movement for Tax Rate: tumbled -10698bps in 2021, then soared 1173bps in 2022.
  • A 5-year view of Tax Rate shows it stood at 28.08% in 2021, then decreased by -15bps to 24.0% in 2022, then dropped by -7bps to 22.2% in 2023, then increased by 12bps to 24.95% in 2024, then fell by 0bps to 24.9% in 2025.
  • Per Business Quant, the three most recent readings for WMS's Tax Rate are 24.9% (Q4 2025), 25.17% (Q3 2025), and 24.64% (Q2 2025).