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Advanced Drain Sys Inc Del - WMS STOCK NEWS

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Introduction

Advanced Drainage Systems Inc (WMS) is a recognized manufacturer and marketer of innovative water management solutions, specializing in high performance thermoplastic corrugated pipes and comprehensive drainage systems. Serving diverse end markets with applications in residential, non-residential, agriculture, infrastructure, and specialized sectors such as aviation and military, the company has cemented its role as a pivotal player in the water management and stormwater solutions industry. With a strategic base in Hilliard, Ohio, ADS emphasizes manufacturing excellence, innovation, and a robust national sales and distribution network.

Business Model and Operational Excellence

At its core, ADS designs, manufactures, and markets a wide array of water management products. The company generates revenue primarily through the sale of its flagship product category — thermoplastic corrugated pipe — while also offering a range of ancillary water management and drainage solutions. Operating through distinct segments that include Pipe, Infiltrator, International, and Allied Products, ADS has structured its business to cater to various market needs. This multi-segment approach not only diversifies its revenue streams but also reinforces its market position in both domestic and international arenas.

Innovative Manufacturing and Distribution Network

ADS is known for its manufacturing excellence, leveraging a network of strategically located production facilities and distribution centers. The company’s efficient, vertically integrated operations ensure that its products are not only produced to high quality standards but are also delivered rapidly to customers across North America, Europe, and beyond. Its strategic investments in state-of-the-art recycling facilities further enhance its capacity to convert recycled plastic into durable products, underscoring its commitment to sustainability and innovation in thermoplastic technology.

Market Position and Competitive Differentiation

Positioned among the most reputable companies in the water management sector, ADS has developed a broad product portfolio that effectively addresses the challenges of stormwater management and onsite septic wastewater solutions. Its national sales platform and expansive manufacturing network facilitate market penetration and help maintain a broad presence across multiple market segments. The company differentiates itself by blending manufacturing scale with innovative material blending programs and recycling capabilities, enabling it to deliver durable, environmentally conscious solutions.

Product Range and Applications

The company’s product line extends beyond thermoplastic pipes to include advanced drainage products that are used in a wide range of applications. From residential driveway installations to large-scale infrastructure projects and agricultural drainage, ADS addresses a variety of water management challenges. Key aspects of its product offering include:

  • Thermoplastic Corrugated Pipe: Engineered for durability and performance across myriad applications.
  • Stormwater Management Systems: Designed to handle both routine and extreme water flow scenarios.
  • Onsite Septic Wastewater Solutions: Developed with an emphasis on long-term reliability and minimal maintenance.

Recycling and Sustainability Initiatives

ADS is also recognized as one of the largest plastic recycling companies in North America, integrating recycled materials into its manufacturing processes. Its advanced material blending programs transform both post-industrial and post-consumer plastics into high quality products. Investments in modern recycling facilities not only demonstrate the company’s innovative approach to resource management but also bolster its reputation for environmental responsibility within the industry.

Industry Expertise and End Market Focus

The company’s expertise is deeply rooted in its long history and continuous innovation in the water management sector. Its products serve a variety of industries, including:

  • Residential and Commercial Construction: Offering reliable drainage solutions that enhance safety and longevity.
  • Agriculture: Providing products that support efficient water usage and soil preservation.
  • Infrastructure: Serving large-scale civil engineering projects with robust and sustainable drainage options.
  • Specialized Applications: Including sectors such as aviation, military, and mining that require durable and high-efficiency water management solutions.

Commitment to Quality and Customer Service

Beyond its manufacturing prowess, ADS is committed to unparalleled customer service and technical support. The company’s expansive sales force and deep industry knowledge allow it to tailor solutions for specific customer needs, ensuring that every product meets rigorous quality standards. Its comprehensive approach provides investors and customers alike with confidence in the company’s product integrity and operational performance.

Conclusion

Advanced Drainage Systems Inc exemplifies a business that marries innovative technology with operational excellence to address complex water management challenges. With its robust product portfolio, advanced manufacturing processes, and strategic market positioning, ADS continues to inform and influence the drainage and water management industry. Investors and industry observers benefit from understanding the company’s comprehensive approach to delivering reliable, efficient, and sustainable water management solutions.

Rhea-AI Summary

Advanced Drainage Systems (NYSE: WMS) reported its Q4 and FY 2024 results. For Q4, net sales increased 5.9% to $653.8 million, net income rose 10.6% to $95.5 million, and diluted EPS climbed 14.5% to $1.21. Adjusted EBITDA grew 11.2% to $191.2 million.

For FY 2024, net sales decreased 6.4% to $2,874.5 million, net income rose 0.4% to $513.3 million, and diluted EPS increased 6.1% to $6.45. Adjusted EBITDA increased 2.1% to $922.9 million. Cash from operating activities increased by $10.1 million to $717.9 million, while free cash flow decreased by $6.8 million to $534.1 million.

Despite weaker demand in the first half, the company achieved a record Adjusted EBITDA margin of 32.1%. ADS expects favorable demand and volume growth in FY 2025, with net sales projected to be between $2.925 billion and $3.025 billion and Adjusted EBITDA between $940 million and $980 million.

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Advanced Drainage Systems, Inc. (NYSE: WMS) will announce its unaudited financial results for the fiscal fourth quarter and year ended March 31, 2024, on May 16, 2024. President and CEO, Scott Barbour, and CFO, Scott Cottrill, will host a conference call and webcast to discuss the results.
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Advanced Drainage Systems, Inc. (NYSE: WMS) emphasizes the need for effective stormwater management on World Water Day. The company highlights the increasing cost of stormwater-related disasters in the US and advocates for resilient communities through proper stormwater infrastructure. ADS President and CEO, Scott Barbour, stresses the importance of managing stormwater throughout its lifecycle. ADS released a video showcasing the impact of efficient stormwater solutions, reflecting their commitment to water management.
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Advanced Drainage Systems, Inc. (NYSE: WMS) has been named to Newsweek’s list of America’s Most Responsible Companies 2024 for the second consecutive year, highlighting its dedication to environmental, social, and corporate governance efforts. ADS President and CEO, Scott Barbour, expressed gratitude for the recognition, emphasizing the company's commitment to water management and environmental protection. The award, presented by Newsweek and Statista Inc., recognizes the top 600 responsible companies in the US across 14 industries, based on ESG criteria.
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Advanced Drainage Systems, Inc. (NYSE: WMS) has announced a 17% increase in its quarterly cash dividend to $0.14 per share. The company's President and CEO, Scott Barbour, attributes this to the strength of their balance sheet and cash generation, indicating confidence in their financial performance and operational excellence. The dividend will be paid on March 15, 2024.
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Advanced Drainage Systems, Inc. (WMS) announced financial results for the fiscal third quarter ended December 31, 2023. Net sales increased 1.1% to $662.4 million, net income increased 28.5% to $106.9 million, and adjusted EBITDA increased 20.3% to $204.2 million. However, year-to-date fiscal 2024 results showed a decrease in net sales by 9.5% to $2,220.6 million. The company's outlook for fiscal 2024 includes net sales in the range of $2.800 billion to $2.850 billion and adjusted EBITDA in the range of $880 to $910 million.
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Advanced Drainage Systems, Inc. (ADS) donates $1 million to the University of Minnesota Duluth’s Advanced Materials Center to support the education of future scientists and engineers and further research on the repurposing of plastic waste. The funding will provide scholarships and research funding for UMD’s graduate students in Applied Materials Science and Engineering, supporting the education of future scientists and engineers, and further research on the repurposing of plastic waste. The $1 million gift will span four years and annually deliver $65,000 in scholarships, $125,000 in research funding, as well as provide $60,000 into an endowment, which by the end of the lifecycle of the gift, will fund an additional $10,000 a year in scholarships, in perpetuity.
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Advanced Drainage Systems, Inc. (NYSE: WMS) announced the launch of three new products by Infiltrator Water Technologies, including the ECOPOD-NX for advanced wastewater treatment, two new plastic tank sizes, and the expansion of tank offerings. The ECOPOD-NX achieves 80% Total Nitrogen reduction and can be installed in a single tank for wastewater flows of up to 500 gallons per day. The new tank sizes, IM-1250 and IM-300, offer increased installation flexibility and are manufactured using recycled plastic material.
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Advanced Drainage Systems, Inc. (NYSE: WMS) has announced a strategic collaboration with Rainwater Management Solutions to advance sustainable stormwater management solutions in the United States and Canada. The partnership aims to revolutionize stormwater management and water harvesting techniques by combining ADS' expertise in managing rainwater with RMS' innovative water harvesting solutions. This collaboration will enable the delivery of leading, end-to-end stormwater treatment system solutions for commercial and residential customers.
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Advanced Drainage Systems, Inc. (NYSE: WMS) announced the release of its unaudited financial results for the fiscal third quarter. The results will be discussed in a conference call and webcast hosted by the President and CEO, Scott Barbour, and CFO, Scott Cottrill. Interested parties can listen to the webcast or participate in the teleconference by registering online.
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FAQ

What is the current stock price of Advanced Drain Sys Del (WMS)?

The current stock price of Advanced Drain Sys Del (WMS) is $101.54 as of April 21, 2025.

What is the market cap of Advanced Drain Sys Del (WMS)?

The market cap of Advanced Drain Sys Del (WMS) is approximately 8.2B.

What is the core business of Advanced Drainage Systems Inc?

Advanced Drainage Systems Inc designs, manufactures, and markets high performance thermoplastic corrugated pipes and comprehensive water management products. Its operations span various applications including residential, agricultural, and infrastructure projects.

How does ADS generate revenue?

The company generates revenue primarily from the production and sale of its thermoplastic pipe and related drainage solutions. It also benefits from diversified revenue streams through its multi-segment operations covering different market applications.

Which industries does ADS serve?

ADS serves a broad range of industries including residential and commercial construction, agriculture, infrastructure, aviation, military, mining, healthcare, and educational facilities. This diversity supports its strong market presence and resilience.

What differentiates ADS from its competitors?

ADS differentiates itself through its integrated manufacturing capabilities, extensive distribution network, and innovative recycling programs. Its focus on material blending and sustainable production techniques enhances product durability and market appeal.

What role does recycling play in ADS's operations?

Recycling is a key component of ADS's production strategy. The company has established advanced recycling facilities that convert both post-industrial and post-consumer plastics into high quality materials, reinforcing its commitment to sustainability while maintaining product performance.

How is the company positioned within the water management industry?

ADS is positioned as a pioneering manufacturer in the water management and drainage solutions sector. Its robust product offerings, state-of-the-art manufacturing, and widespread distribution network allow it to effectively address market needs and maintain significant industry influence.
Advanced Drain Sys Inc Del

NYSE:WMS

WMS Rankings

WMS Stock Data

8.20B
70.47M
8.99%
91.32%
3.38%
Building Products & Equipment
Plastics Foam Products
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United States
HILLIARD