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

Advanced Drainage Systems (WMS) has 14 years of Tax Rate data on file, last reported at 13.59% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 976.0% year-over-year to 13.59%; the trailing twelve-month figure through Mar 2026 stood at 24.11% (up 18.0% YoY), and the FY2026 full-year result was 24.11%, up 18.0% from the prior year.
• Tax Rate for Q1 2026 stood at 13.59%, down from 24.9% 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.
• The 5-year median for Tax Rate is 23.91% (2024), against an average of 23.94%.
• The widest annual swing landed in 2022, when Tax Rate surged 1173 bps; it then sank 1702 bps in 2023.
• A 5-year view of Tax Rate shows it stood at 24.0% in 2022, then fell by 7 bps to 22.2% in 2023, then gained by 12 bps to 24.95% in 2024, then decreased by 0 bps to 24.9% in 2025, then tumbled by 45 bps to 13.59% in 2026.
• The last three Tax Rate figures came in at 13.59% (Q1 2026), 24.9% (Q4 2025), and 25.17% (Q3 2025), per Business Quant data.

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