Advanced Drainage Systems

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. It operates through the following segments: Pipe, Infiltrator, International, and Allied Products & Other. The Pipe segment manufactures and markets thermoplastic corrugated pipe throughout the United States. The Infiltrator segment provides plastic leachfield chambers and systems, septic tanks and accessories, primarily for use in residential applications. The International segment manufactures and markets pipe and allied products in regions outside of the United States. The Allied Products & Other segment manufactures and markets products throughout the United States. Products include StormTech, Nyloplast, ARC Septic Chambers, Inserta Tee, water quality filters and structures, Fittings, and FleXstorm. The company was founded in 1966 and is headquartered in Hilliard, OH.

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ADS reports record revenue and profitability, anticipates slower growth

ADS expects slower growth due to higher interest rates, inflation, and tightening lending standards. However, the company is well-positioned for long-term growth in specific markets and has taken strategic measures to optimize operations. Despite challenges, ADS is focused on leveraging opportunities in infrastructure and other key sectors to drive future growth.

WMS reports solid Q2 earnings, optimistic about non-residential construction

WMS had a strong quarter, with record EBITDA margin and increased dividend. It faces challenges in the nonresidential market and land development. However, the company is optimistic about non-residential construction and sees opportunities in quoting activity and onshoring projects.

Advanced Drainage Systems (WMS) navigates challenges with sustainability focus

Advanced Drainage Systems (WMS) faces challenges from a tough demand environment but maintains a focus on sustainability and cost-saving initiatives.
Despite a decline in Q3 net sales, the company aims to sustain its EBITDA margin range and has updated guidance for fiscal year 2023 growth.
Market uncertainties and lower demand volume pose challenges, but the company remains committed to strategic adjustments and long-term growth targets.

Advanced Drainage Systems (WMS) Achieves Record Revenue Amid Market Challenges

Advanced Drainage Systems (WMS) reported strong financial performance in Q4 2023, driven by record revenue and profitability. Despite challenges like demand weakness in core markets and economic uncertainties, the company remains optimistic about its long-term growth prospects. ADS is strategically investing in innovation, sustainability, and market expansion to navigate evolving market conditions and capitalize on emerging opportunities.

Advanced Drainage Systems (WMS) reports solid Q1 performance and strategic growth outlook

Advanced Drainage Systems (WMS) navigated Q1 challenges well, showcasing operational strengths and strategic growth areas amidst market fluctuations.
Despite lower demand impacting earnings, the company's focus on key product segments and market opportunities positions it for future growth and resilience.
By addressing challenges, leveraging strengths, and capitalizing on opportunities, Advanced Drainage Systems aims to maintain its financial performance and strategic positioning in fiscal '24.

Advanced Drainage Systems shows resilience and growth amidst market challenges

ADS is navigating challenges with resilience, focusing on innovation and growth opportunities. Despite market declines expected in the second half, the company is optimistic about future prospects. Strong performance in key segments and strategic investments position ADS for sustainable growth.

Advanced Drainage Systems (WMS) reports stellar Q3 results and focuses on sustainable growth

Advanced Drainage Systems (WMS) excelled in Q3, demonstrating robust financial performance and strategic initiatives. With a strong emphasis on sustainable solutions and profitable segments, ADS aims for continued growth through disciplined cash allocation and innovation. Despite challenges in certain market segments, the company remains optimistic about its long-term prospects.

Advanced Drainage Systems beats guidance, eyes growth in water solutions

Advanced Drainage Systems (ADS) delivered strong financial performance in fiscal 2024, driven by improved end market demand and strategic investments. With a focus on operational efficiency and market leadership, ADS aims for continued growth in 2025 despite sector-specific challenges. The company's optimistic outlook underscores the importance of agility and execution in capital investments and operations.

Advanced Drainage Systems (WMS) reports resilient Q2 performance and eyes market expansion

Advanced Drainage Systems (WMS) navigated challenges in the demand environment to deliver strong financial results in Q2 2025. The company's strategic focus on efficiency, safety, and market expansion positions it well for future growth despite headwinds.

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Advanced Drainage Systems, Inc. manufactures thermoplastic corrugated pipe, which provides a suite of water management products and drainage solutions for the construction and infrastructure marketplace. It operates through the following segments: Pipe, Infiltrator, International, and Allied Products & Other. The Pipe segment manufactures and markets thermoplastic corrugated pipe throughout the United States. The Infiltrator segment provides plastic leach field chambers and systems, septic tanks and accessories, primarily for use in residential applications. The International segment manufactures and markets pipe and allied products in regions outside of the United States. The Allied Products & Other segment is involved in manufacture and market products throughout the United States. Products include StormTech, Nyloplast, ARC Septic Chambers, Inserta Tee, water quality filters and structures, Fittings, and FleXstorm. The company was founded in 1966 and is headquartered in Hilliard, OH.

Advanced Drainage (WMS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Advanced Drainage Systems, Inc. (WMS) Hit a 52 Week High, Can the Run Continue?

Advanced Drainage Systems' (WMS) Q3 2024 Earnings Call Transcript

TopBuild

Investors looking for stocks in the Building Products - Miscellaneous sector might want to consider either TopBuild (BLD) or Advanced Drainage Systems (WMS). But which of these two stocks offers value investors a better bang for their buck right now?

BLD vs. WMS: Which Stock Is the Better Value Option?

Advanced Drainage returned to growth in the quarter and beat expectations for both earnings and revenue. Management appears to be navigating well through difficult conditions.

Why Advanced Drainage Stock Is Floating Higher Today

While the top- and bottom-line numbers for Advanced Drainage (WMS) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Advanced Drainage (WMS) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries today announced financial results for the fiscal third quarter ended December 31, 2023. Third Quarter Fiscal 2024 Results Net sales increased 1.1% to $662.4 million Net income increased 28.5% to $106.9 million Net income per diluted share increased 35.4% to $1.34 Adjusted EBITD.

Advanced Drainage Systems Announces Third Quarter Fiscal 2024 Results

Beyond analysts' top -and-bottom-line estimates for Advanced Drainage (WMS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2023.

Advanced Drainage (WMS) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries, today announced the launch of three new products that deepen Infiltrator Water Technologies' portfolio of highly innovative onsite septic wastewater solutions. New Advanced Treatment Solution Infiltrator has launched the ECOPOD-NX, a new model in the ECOPOD series for advanced.

Infiltrator Launches New Advanced Treatment Solution and Expands Tank Offering

Investors interested in Building Products - Miscellaneous stocks are likely familiar with TopBuild (BLD) and Advanced Drainage Systems (WMS). But which of these two stocks is more attractive to value investors?

BLD vs. WMS: Which Stock Should Value Investors Buy Now?

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. and Rainwater Management Solutions announced a strategic relationship throughout the U.S. and Canada.

Advanced Drainage Systems Announces Relationship with Rainwater Management Solutions

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the fiscal third quarter ended December 31, 2023, before the market opens on February 8, 2024. President and Chief Executive Officer, Scott Barbour,.

Advanced Drainage Systems to Announce Third Quarter Fiscal Year 2024 Results on February 8, 2024

Owens Corning

Investors with an interest in Building Products - Miscellaneous stocks have likely encountered both Owens Corning (OC) and Advanced Drainage Systems (WMS). But which of these two stocks offers value investors a better bang for their buck right now?

OC or WMS: Which Is the Better Value Stock Right Now?

Advanced Drainage (WMS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Advanced Drainage (WMS) Surges 7.1%: Is This an Indication of Further Gains?

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries, today announced the results of a study on stormwater management. According to the ADS survey conducted online by The Harris Poll in November 2023 among over 2,000 U.S. adults 18+, more than half of Americans (51%) are concerned about the current infrastructure in place to mana.

Advanced Drainage Systems Survey: Over Half of Americans Worried About How Their Stormwater is Managed

With Quiver Quantitative's recent institutional holdings data, we can see that hedge funds and asset managers have been increasing their holdings in Advanced Drainage Systems Inc. WMS. Firms such as Citadel Advisors, Blackrock, and Alyeska Investment Group have all added to their WMS positions recently.

The Bull Case For Advanced Drainage Systems Inc. - Advanced Drainage Systems (NYSE:WMS)

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems recognizes the importance of sustainable and economically viable products to capture, convey, store and treat water.

Advanced Drainage Systems Shares Benefits of Plastic Pipe in Honor of America Recycles Day

Advanced Drainage Systems, Inc. (NYSE:WMS ) Q2 2024 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Mike Higgins – Vice President-Corporate Strategy and Investor Relations Scott Barbour – President and Chief Executive Officer Scott Cottrill – Chief Financial Officer Conference Call Participants Matthew Bouley – Barclays Garik Shmois – Loop Capital Joe Ahlersmeyer – Deutsche Bank John Lovallo – UBS David Tarantino – KeyBanc Capital Markets Inc. Noah Merkousko – Stephens Inc. Operator Good morning, ladies and gentlemen and welcome to Advanced Drainage Systems Second Quarter of Fiscal Year 2024 Results Conference Call. My name is Christina and I will be your operator for today's call.

Advanced Drainage Systems, Inc. (WMS) Q2 2024 Earnings Call Transcript

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries, today announced it will build a new, state-of-the-art pipe manufacturing facility in Lake Wales, FL. Breaking ground in 2024 on a 100-acre site, this plant will add to the company's existing manufacturing presence in Florida. The facility is designed with the future workforce.

Advanced Drainage Systems to build New Florida Manufacturing Facility

HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading provider of innovative water management solutions in the stormwater and onsite septic wastewater industries today announced financial results for the fiscal second quarter ended September 30, 2023. Second Quarter Fiscal 2024 Results Net sales decreased 11.8% to $780.2 million Net income decreased 10.7% to $137.0 million Net income per diluted share decreased 4.8% to $1.71 Adjusted EB.

Advanced Drainage Systems Announces Second Quarter Fiscal 2024 Results

Desktop Metal

JELD-WEN Hld

Terran Orbital Corp

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HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), a leading manufacturer of stormwater and onsite septic wastewater management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it will release its unaudited financial results for the fiscal second quarter ended September 30, 2023, before the market opens on November 2, 2023. President and Chief Executive Officer, Scott Barbou.

Advanced Drainage Systems to Announce Second Quarter Fiscal Year 2024 Results on November 2, 2023

J.Jill

Marcus

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Installed Building Products

Investors interested in Building Products - Miscellaneous stocks are likely familiar with Installed Building Products (IBP) and Advanced Drainage Systems (WMS). But which of these two companies is the best option for those looking for undervalued stocks?

IBP or WMS: Which Is the Better Value Stock Right Now?

Advanced Drainage (WMS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Advanced Drainage (WMS) Rating Upgrade to Buy

Will help manage runoff and protect Big Darby Creek, among other benefits HILLIARD, Ohio , Oct. 5, 2023 /PRNewswire/ -- The City of Hilliard began installation this week on the stormwater management system for the new Recreation and Wellness Campus, including $500,000 of donated Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS) products. The plastic pipe and chambers donated by ADS will manage stormwater runoff below the new Hilliard Recreation and Wellness Campus, a 105,000-square-foot complex that will include an aquatic facility, indoor running track, gymnasium, fitness center with weight room, space for fitness classes, other classrooms and spaces for community events, and outdoor space.

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