Advanced Drainage Systems, Inc. (WMS) is a Materials stock trading at $143.71 (as of 2026-08-21), with a market capitalization of $11.01B and a trailing P/E of 24.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated piping and related water-management drainage products, along with wastewater and septic solutions and allied drainage components. Products are sold for underground construction and infrastructure applications, including through pipe and international-related segments, serving customers in the United States, Canada, Mexico, and other international markets.
Advanced Drainage Systems designs, manufactures, and markets thermoplastic corrugated pipes and related water management products for underground construction and infrastructure, generating money by selling pipe and wastewater drainage solutions to customers in the United States, Canada, Mexico, and internationally.
Results are structurally driven by manufacturing output and the ability to deliver product efficiently, with management highlighting production per line versus pre-COVID and fleet delivery share as key operating indicators that connect throughput to cost-to-serve in the pipe and water-management product business.
| Pipe | $0.3B |
| Infiltrator | $0.1B |
| Allied Products & Other | $0.2B |
| International | $0.1B |
Business quality (Mixed): The input provides a clean top-level operating KPI set and an identifiable segment revenue breakdown (Pipe, Infiltrator, Allied Products & Other, International), but it does not provide latest-quarter segment detail or trend direction.
Valuation: At 25× earnings, WMS trades in line with the Rubber & Plastic Products average (24×). Note: one-time items can distort reported P/E.
| Price | $143.71 |
| Market Cap | $11.01B |
| P/E Ratio | 24.5 |
| EV / EBITDA | 14.4 |
| Price / Book | 5.85 |
| Price / Sales | 3.79 |
| FCF Yield | 12.2% |
| DCF Value (model) | $59.42 |
| DCF Upside vs Price | -58.7% |
| Revenue (TTM) | $3.05B |
| Net Margin | 14.0% |
| Revenue Growth (YoY) | 5.0% |
| EPS Growth (YoY) | -5.7% |
| FCF Growth (YoY) | 54.5% |
| Altman Z-Score | 4.42 (safe) |
| Stock P/E | 24.5 |
| Sector P/E (Materials) | 25.9 |
| Industry P/E (Rubber & Plastic Products) | 24.5 |
| vs Sector | -5.6% |
| vs Industry | -0.1% |
| Top Institutional Holder | VANGUARD GROUP INC ($1.07B) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 6 |
| Sector | Materials |
| Industry | Rubber & Plastic Products |
| CEO | Donald Scott Barbour |
| Employees | 5,705 |
| Country | US |
| IPO Date | 2014-07-25 |
Data as of 2026-08-21.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.