Advanced Drainage Systems WMS
NYSE WMS
$142.93 +0.49 (+0.35%)
As of: Aug 21, 2026 · 10:16 AM EDT

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

Advanced Drainage Systems' (WMS) quarterly Tax Rate came in at 13.59% in Q1 2026, down 976.0% YoY from 1.55% in Q1 2025, and down 45.42% on a QoQ basis from 24.9% in Q4 2025.

Advanced Drainage Systems (WMS) Tax Rate (2013 - 2026) Analysis & Trends

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

  • Quarterly Tax Rate fell 976.0% year-over-year to 13.59% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 24.11% (up 18.0% YoY) and the FY2026 annual result came in at 24.11%, up 18.0% from the prior year.
  • Tax Rate declined to 13.59% in Q1 2026, from 24.9% 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 13.59% in Q1 2026.
  • A 5-year average of 23.94% and a median of 23.91% in 2024 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2022 — Tax Rate surged 1173 bps — and 2023, when it tumbled 1702 bps.
  • Tracing WMS's Tax Rate over 5 years: stood at 24.0% in 2022, then declined by 7 bps to 22.2% in 2023, then rose by 12 bps to 24.95% in 2024, then retreated by 0 bps to 24.9% in 2025, then plunged 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Trane Technologies 100.46 Bn 99.14 Bn 2.26 Bn 18.76%
2 Johnson Controls International 87.93 Bn 87.29 Bn 2.47 Bn 17.99%
3 Carrier Global 50.21 Bn 48.86 Bn 1.94 Bn 24.97%
4 Carlisle Companies 14.70 Bn 14.04 Bn 568.40 Mn 22.77%
5 Masco 14.62 Bn 14.07 Bn 868.00 Mn 24.32%
6 Lennox International 14.09 Bn 14.04 Bn 539.50 Mn 20.79%
7 Owens Corning 11.92 Bn 11.65 Bn 793.00 Mn 24.70%
8 Advanced Drainage Systems 10.92 Bn 10.76 Bn 408.05 Mn 23.45%
9 SPX Technologies 10.33 Bn 10.16 Bn 272.80 Mn 22.41%
10 Builders FirstSource 7.57 Bn 7.51 Bn 1.09 Bn 107.44%

Historic Data

Download Data
DateValue
Jun 30, 2026 23.45%
Jun 30, 2026 23.45%
Jun 30, 2026 23.45%
Mar 31, 2026 13.59%
Mar 31, 2026 13.59%
Mar 31, 2026 13.59%
Dec 31, 2025 24.90%
Dec 31, 2025 24.90%
Dec 31, 2025 24.90%
Sep 30, 2025 25.17%
Sep 30, 2025 25.17%
Sep 30, 2025 25.17%
Jun 30, 2025 24.64%
Jun 30, 2025 24.64%
Jun 30, 2025 24.64%
Mar 31, 2025 23.35%
Mar 31, 2025 23.35%
Mar 31, 2025 23.35%
Dec 31, 2024 24.95%
Dec 31, 2024 24.95%