Advanced Drainage Systems Inc - Understand $wms stock

$WMS Market Cap: $11.44 Billion

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Financial Snapshot

Revenue

$2.912B

TTM

Gross Margin

39.34%

TTM

Net Earnings

$497.7M

TTM

Current Assets

$1.424B

Q2 2024

Current Liabilities

$492.9M

Q2 2024

Current Ratio

288.95%

Q2 2024

Total Assets

$3.448B

Q2 2024

Total Liabilities

$2.063B

Q2 2024

Book Value

$1.385B

Q2 2024

Cash

$541.6M

Q2 2024

P/E

22.99

Sep 13, 2024 EST

Free Cash Flow

$457.9M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$2.874B	$3.071B	$2.769B	$1.983B	$1.674B	$1.385B	$1.330B	$1.257B	$1.291B	$1.180B	$1.068B	$1.017B	$1.014B	$863.1M
YoY Change	-6.4%	10.9%	39.67%	18.46%	20.88%	4.09%	5.81%	-2.59%	9.37%	10.52%	4.98%	0.33%	17.46%	14.9%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$2.874B	$3.071B	$2.769B	$1.983B	$1.674B	$1.385B	$1.330B	$1.257B	$1.291B	$1.180B	$1.068B	$1.017B	$1.014B	$863.1M
Cost Of Revenue	$1.729B	$1.953B	$1.969B	$1.293B	$1.357B	$1.058B	$1.028B	$961.5M	$1.005B	$975.0M	$875.2M	$829.1M	$818.4M	$692.2M
Gross Profit	$1.146B	$1.118B	$800.4M	$690.1M	$316.5M	$327.0M	$302.5M	$295.8M	$285.4M	$205.1M	$192.5M	$188.0M	$195.4M	$171.0M
Gross Profit Margin	39.87%	36.42%	28.9%	34.8%	18.91%	23.61%	22.74%	23.53%	22.11%	17.38%	18.03%	18.48%	19.27%	19.81%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Selling, General & Admin	$369.9M	$339.5M	$319.7M	$267.6M	$271.3M	$186.0M	$191.2M	$202.4M	$181.0M	$156.3M	$133.8M	$121.4M	$133.6M	$124.8M
YoY Change	8.95%	6.2%	19.47%	-1.39%	45.86%	-2.68%	-5.57%	11.85%	15.76%	16.84%	10.21%	-9.13%	7.05%	3.4%
% of Gross Profit	32.28%	30.36%	39.94%	38.77%	85.74%	56.89%	63.2%	68.43%	63.42%	76.22%	69.49%	64.59%	68.37%	72.98%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$100.3M	$85.98M	$73.51M	$66.41M	$62.23M	$59.16M	$62.11M	$58.69M	$55.65M	$50.14M	$48.23M	$47.52M	$55.20M	$7.300M
YoY Change	16.67%	16.95%	10.7%	6.72%	5.17%	-4.75%	5.83%	5.47%	11.0%	3.95%	1.49%	-13.91%	656.16%	58.7%
% of Gross Profit	8.75%	7.69%	9.18%	9.62%	19.66%	18.09%	20.53%	19.84%	19.5%	24.44%	25.05%	25.28%	28.25%	4.27%
Operating Expenses	$422.2M	$394.7M	$385.1M	$267.6M	$271.3M	$186.0M	$191.2M	$202.4M	$181.0M	$156.3M	$133.8M	$121.4M	$144.9M	$132.0M
YoY Change	6.96%	2.5%	43.91%	-1.39%	45.86%	-2.68%	-5.57%	11.85%	15.76%	16.84%	10.21%	-16.21%	9.77%	5.35%
Operating Profit	$732.1M	$719.3M	$411.9M	$344.5M	-$95.35M	$129.4M	$88.25M	$76.33M	$94.33M	$38.66M	$51.46M	$57.48M	$50.50M	$39.00M
YoY Change	1.78%	74.62%	19.56%	-461.33%	-173.68%	46.64%	15.62%	-19.09%	144.0%	-24.88%	-10.46%	13.82%	29.49%	-45.91%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	-$88.86M	-$70.18M	-$33.55M	-$35.66M	-$82.71M	-$18.62M	-$15.26M	-$17.47M	-$18.46M	-$19.37M	-$18.81M	-$18.53M	-$24.20M	-$27.10M
YoY Change	26.62%	109.19%	-5.91%	-56.89%	344.25%	21.99%	-12.62%	-5.38%	-4.69%	2.98%	1.52%	-23.45%	-10.7%	153.27%
% of Operating Profit	-12.14%	-9.76%	-8.14%	-10.35%		-14.39%	-17.29%	-22.88%	-19.57%	-50.1%	-36.54%	-32.23%	-47.92%	-69.49%
Other Income/Expense, Net	$23.48M	$7.972M	$5.143M	$3.404M	-$1.554M	$815.0K	$3.950M	$5.970M	-$16.58M	-$14.37M	$1.177M	-$103.0K	-$100.0K	$800.0K
YoY Change	194.58%	55.01%	51.09%	-319.05%	-290.67%	-79.37%	-33.84%	-136.02%	15.34%	-1320.9%	-1242.72%	3.0%	-112.5%	-97.03%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Pretax Income	$641.4M	$630.9M	$355.8M	$291.3M	-$186.2M	$103.6M	$72.11M	$59.54M	$45.16M	-$4.381M	$20.98M	$25.12M	$70.80M	$12.70M
YoY Change	1.66%	77.34%	22.13%	-256.43%	-279.81%	43.61%	21.1%	31.85%	-1130.79%	-120.88%	-16.48%	-64.53%	457.48%	-85.6%
Income Tax	$159.0M	$150.6M	$110.1M	$86.38M	$14.09M	$30.05M	$11.41M	$24.62M	$23.50M	$6.284M	$19.42M	$15.94M	$27.10M	$4.100M
% Of Pretax Income	24.79%	23.87%	30.94%	29.65%		29.02%	15.82%	41.34%	52.03%		92.59%	63.45%	38.28%	32.28%
Net Earnings	$509.9M	$507.1M	$271.3M	$224.2M	-$193.2M	$77.77M	$62.01M	$32.95M	$25.05M	-$7.827M	$7.732M	$20.66M	$43.30M	$6.000M
YoY Change	0.56%	86.89%	21.01%	-216.08%	-348.39%	25.42%	88.19%	31.53%	-420.07%	-201.23%	-62.58%	-52.29%	621.67%	-88.87%
Net Earnings / Revenue	17.74%	16.51%	9.8%	11.31%	-11.54%	5.62%	4.66%	2.62%	1.94%	-0.66%	0.72%	2.03%	4.27%	0.7%
Basic Earnings Per Share	$6.52	$6.16	$3.22	$2.64	-$3.21	$1.23	$1.00	$1.00	$0.40	-$0.38	-$0.14	$0.28
Diluted Earnings Per Share	$6.45	$6.08	$3.15	$2.59	-$3.21	$1.22	$0.99	$0.50	$0.39	-$0.38	-$0.14	$0.27	$821.6K	$113.9K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Cash & Short-Term Investments	$490.2M	$217.1M	$20.13M	$195.0M	$174.2M	$8.900M	$17.60M	$6.500M	$6.600M	$3.600M	$3.900M	$1.400M
YoY Change	125.75%	978.9%	-89.68%	11.94%	1857.3%	-49.43%	170.77%	-1.52%	83.33%	-7.69%	178.57%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets	$22.03M	$29.42M	$15.70M	$10.80M	$9.600M	$6.100M	$5.100M	$6.700M	$15.70M	$22.50M	$14.50M	$7.200M
YoY Change	-25.13%	87.45%	45.33%	12.5%	57.38%	19.61%	-23.88%	-57.32%	-30.22%	55.17%	101.39%
Inventory	$464.2M	$464.0M	$494.3M	$301.0M	$282.4M	$264.5M	$263.8M	$258.4M	$230.5M	$260.6M	$259.9M	$232.4M
Prepaid Expenses
Receivables	$323.6M	$306.9M	$341.8M	$236.2M	$200.0M	$187.0M	$172.0M	$168.9M	$186.9M	$154.3M	$148.3M	$146.5M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.300B	$1.017B	$871.9M	$743.0M	$666.2M	$466.5M	$458.5M	$440.6M	$439.6M	$441.0M	$426.6M	$387.4M
YoY Change	27.76%	16.7%	17.35%	11.53%	42.81%	1.74%	4.06%	0.23%	-0.32%	3.38%	10.12%
Property, Plant & Equipment	$930.2M	$733.1M	$674.0M	$535.5M	$506.3M	$398.9M	$399.4M	$406.9M	$391.7M	$375.8M	$350.4M	$294.9M
YoY Change	26.89%	8.77%	25.86%	5.77%	26.92%	-0.13%	-1.84%	3.88%	4.23%	7.25%	18.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments				$11.90M	$9.300M	$10.50M	$12.30M	$9.000M	$13.20M	$25.00M	$23.60M	$22.00M
YoY Change				27.96%	-11.43%	-14.63%	36.67%	-31.82%	-47.2%	5.93%	7.27%
Other Assets	$68.95M	$122.8M	$62.22M	$31.20M	$24.00M	$13.40M	$15.40M	$29.60M	$24.80M	$28.90M	$31.30M	$21.30M
YoY Change	-43.83%	97.31%	99.41%	30.0%	79.1%	-12.99%	-47.97%	19.35%	-14.19%	-7.67%	46.95%
Total Long-Term Assets	$1.969B	$1.884B	$1.778B	$1.671B	$1.704B	$575.7M	$584.7M	$605.7M	$597.7M	$593.7M	$563.0M	$520.3M
YoY Change	4.53%	5.95%	6.41%	-1.93%	195.94%	-1.54%	-3.47%	1.34%	0.67%	5.45%	8.21%
Total Assets	$3.269B	$2.901B	$2.650B	$2.414B	$2.370B	$1.042B	$1.043B	$1.046B	$1.037B	$1.035B	$989.6M	$907.7M
YoY Change
Accounts Payable	$254.4M	$210.1M	$225.0M	$171.1M	$106.7M	$93.60M	$105.5M	$121.9M	$119.6M	$111.9M	$111.0M	$110.3M
YoY Change	21.08%	-6.61%	31.49%	60.36%	14.0%	-11.28%	-13.45%	1.92%	6.88%	0.81%	0.63%
Accrued Expenses	$154.3M	$142.4M	$134.9M	$116.2M	$99.10M	$61.90M	$60.60M	$54.50M	$65.10M	$54.30M	$43.10M	$35.40M
YoY Change	8.33%	5.58%	16.07%	17.26%	60.1%	2.15%	11.19%	-16.28%	19.89%	25.99%	21.75%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$29.89M	$23.23M	$24.54M	$26.30M	$28.30M	$49.00M	$48.90M	$59.20M	$55.10M	$25.30M	$23.50M	$11.90M
YoY Change	28.63%	-5.32%	-6.69%	-7.07%	-42.24%	0.2%	-17.4%	7.44%	117.79%	7.66%	97.48%
Total Short-Term Liabilities	$439.6M	$378.8M	$391.2M	$318.3M	$238.2M	$206.3M	$221.2M	$255.8M	$252.2M	$197.6M	$185.6M	$167.1M
YoY Change	16.06%	-3.18%	22.92%	33.63%	15.46%	-6.74%	-13.53%	1.43%	27.63%	6.47%	11.07%
Long-Term Debt	$1.321B	$1.302B	$920.1M	$815.2M	$1.134B	$270.2M	$330.9M	$369.6M	$369.0M	$435.8M	$477.3M	$338.0M
YoY Change	1.5%	41.47%	12.87%	-28.11%	319.65%	-18.34%	-10.47%	0.16%	-15.33%	-8.69%	41.21%
Other Long-Term Liabilities	$70.70M	$66.74M	$64.94M	$54.80M	$37.60M	$19.10M	$25.00M	$26.50M	$37.90M	$28.60M	$32.20M	$5.800M
YoY Change	5.93%	2.78%	18.5%	45.74%	96.86%	-23.6%	-5.66%	-30.08%	32.52%	-11.18%	455.17%
Total Long-Term Liabilities	$1.392B	$1.368B	$985.0M	$870.0M	$1.172B	$289.3M	$355.9M	$396.1M	$406.9M	$464.4M	$509.5M	$343.8M
YoY Change	1.72%	38.92%	13.22%	-25.74%	304.94%	-18.71%	-10.15%	-2.65%	-12.38%	-8.85%	48.2%
Total Liabilities	$2.007B	$1.924B	$1.561B	$1.364B	$1.597B	$555.5M	$634.6M	$719.0M	$745.3M	$743.0M	$779.9M	$608.4M
YoY Change	4.33%	23.21%	14.46%	-14.59%	187.51%	-12.46%	-11.74%	-3.53%	0.31%	-4.73%	28.19%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Basic Shares Outstanding	78.25M shares	82.32M shares	71.28M shares	70.16M shares	63.82M shares	57.03M	55.70M	55.70M	53.98M	51.34M	47.28M shares	46.70M shares
Diluted Shares Outstanding	79.02M shares	83.34M shares	72.91M shares	71.57M shares	63.82M shares	57.61M	56.33M	56.33M	55.18M	51.34M	47.28M shares	47.25M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $11.441 Billion

About Advanced Drainage Systems Inc

Advanced Drainage Systems, Inc. engages in the manufacture of thermoplastic corrugated pipe, which provides a suite of water management products and drainage solutions for use in the construction and infrastructure marketplace. The company is headquartered in Hilliard, Ohio and currently employs 5,705 full-time employees. The company went IPO on 2014-07-25. The firm's segments include Pipe, International, Infiltrator and Allied Products & Other. Its Pipe segment manufactures and markets performance thermoplastic corrugated pipe throughout the United States. Its Infiltrator is engaged in providing plastic leach field chambers and systems, septic tanks and accessories, primarily for use in residential applications. International segment manufactures and markets products in regions outside of the United States, with owned facilities in Canada and those markets serviced through its joint ventures in Mexico and South America. The Company’s Allied Products & Other segment offers adjacent technologies to its core Pipe offering, presenting a complete drainage solution for its clients and customers.

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