ADS Earnings Reports

Advanced Drainage Systems (ADS) reported a 4.3% increase in net sales to $690.5 million for the third quarter of fiscal year 2025. However, net income decreased by 23.0% to $82.3 million, and adjusted EBITDA decreased by 6.2% to $191.5 million. The company's Infiltrator business modestly outperformed expectations, driven by double-digit growth in tanks and advanced treatment products.

Advanced Drainage Systems reported flat net sales of $782.6 million compared to the prior year, with net income decreasing by 4.3% to $131.2 million. The company maintained a robust Adjusted EBITDA margin of 31.4% despite headwinds from unfavorable pricing and material costs and significant storm events.

Advanced Drainage Systems reported a 4.8% increase in net sales, reaching $815.3 million. Net income decreased by 6.7% to $162.3 million, while adjusted EBITDA decreased by 2.1% to $275.5 million. Revenue growth was primarily driven by Allied product sales and the Infiltrator business.

Advanced Drainage Systems (ADS) announced a 5.9% increase in net sales to $653.8 million and a 10.6% increase in net income to $95.5 million for the fourth quarter of fiscal year 2024. Adjusted EBITDA also increased by 11.2% to $191.2 million.

Advanced Drainage Systems reported a 1.1% increase in net sales, reaching $662.4 million, and a 28.5% increase in net income, amounting to $106.9 million, for the third quarter of fiscal year 2024. The company's Adjusted EBITDA also increased by 20.3% to $204.2 million, reflecting improved demand and profitability.

Advanced Drainage Systems reported a decrease in net sales by 11.8% to $780.2 million for the second quarter of fiscal year 2024. Despite the revenue decline, the company demonstrated resilience with an expansion in Adjusted EBITDA margin. The company narrowed its revenue target towards the upper end of the previous range and increased the Adjusted EBITDA mid-point guidance for the year.

Advanced Drainage Systems reported a decrease in net sales by 14.9% to $778.0 million and a decrease in net income by 7.7% to $173.9 million for the first quarter of fiscal year 2024. Despite the decrease in sales, the Adjusted EBITDA margin increased to a quarterly record of 36.2%.

ADS announced mixed results for Q4 2023. While net sales decreased by 8.9% to $617.6 million, net income increased significantly by 83.1% to $86.3 million. Adjusted EBITDA also saw a slight increase of 2.1% to $172.0 million.

Advanced Drainage Systems reported a decrease in net sales by 8.4% to $655.2 million, but net income increased by 11.7% to $83.2 million. The company managed costs effectively, maintained favorable price/material cost, and generated significant cash flow, resulting in an expanded Adjusted EBITDA margin and increased free cash flow.

Advanced Drainage Systems reported a 25.2% increase in net sales, reaching $884.2 million, and a 101.0% increase in net income, totaling $153.4 million for the second quarter of fiscal year 2023. The company experienced growth in both construction and agriculture end markets, driven by favorable pricing and strong volume growth in Allied Products.

ADS reported strong Q1 Fiscal 2023 results, with revenue increasing by 36.6% to $914 million and adjusted EBITDA increasing by 80% to $299 million. The company benefited from favorable pricing, strong volume in Allied Products and Infiltrator, and forward demand strength in the US and Canada.

Advanced Drainage Systems (ADS) announced strong financial results for the fourth quarter and fiscal year ended March 31, 2022. Net sales increased by 52.8% to $678.2 million, and net income increased by 126.8% to $47.1 million. The company's performance was driven by favorable pricing and volume growth in domestic construction markets.

Advanced Drainage Systems reported a 47.1% increase in net sales to $715.4 million and a 37.8% increase in net income to $74.5 million for the third quarter of fiscal year 2022. The company's performance was driven by favorable pricing and double-digit volume growth in the domestic construction markets.

Advanced Drainage Systems (ADS) reported a 29.8% increase in net sales, reaching $706.5 million for the second quarter of fiscal year 2022. However, net income decreased by 5.3% to $76.3 million, and Adjusted EBITDA also decreased by 5.3% to $164.8 million. The company's performance was driven by favorable pricing and strong demand, but impacted by labor shortages and increased logistics costs.

Advanced Drainage Systems reported a strong first quarter with net sales increasing by 31.6% to $669.3 million. The company experienced growth across its product portfolio and geographic footprint. Inflationary pressures on materials, transportation, and labor were more significant than anticipated, but the company is implementing pricing strategies and productivity improvements to offset these costs.

Advanced Drainage Systems reported a strong fourth quarter and fiscal year 2021, marked by a 19.7% increase in net sales to $443.8 million and a 488.1% increase in net income to $20.8 million. The company's adjusted EBITDA also increased by 31.1% to $94.5 million. The growth was driven by strong demand in residential and agriculture end markets, as well as horizontal construction in the non-residential market.

Advanced Drainage Systems reported a strong third quarter in fiscal year 2021, marked by a 23.6% increase in net sales, reaching $486.1 million, and a 128.4% surge in net income, totaling $54.0 million. The company's adjusted EBITDA also saw a significant rise of 52.1%, amounting to $138.9 million. These results reflect the company's successful execution of its material conversion strategy and its ability to capitalize on favorable demand across various markets and geographies.

Advanced Drainage Systems announced a strong second quarter for fiscal year 2021, with net sales increasing by 9.7% to $544.2 million and net income increasing significantly to $80.6 million. The company's adjusted EBITDA also saw a substantial increase of 47.3% to $174.1 million. The company is optimistic about the second half of the fiscal year, expecting normal seasonal patterns and capitalizing on residential development and horizontal construction.

Advanced Drainage Systems announced a strong start to fiscal year 2021. Net sales increased by 22.9% to $508.6 million, and net income increased to $70.7 million compared to a net loss of $227.5 million in the prior year. Adjusted EBITDA also saw a significant increase of 98.6% to $159.5 million.

Advanced Drainage Systems (ADS) reported a strong fourth quarter in fiscal year 2020, with net sales increasing by 36.2% to $370.8 million and net income increasing by 86.6% to $3.5 million.

ADS reported a strong third quarter with a 23.7% increase in net sales to $393.4 million and a significant rise in adjusted EBITDA by 88.5% to $91.3 million. The acquisition of Infiltrator Water Technologies contributed significantly to both net sales and adjusted EBITDA. The company is optimistic about achieving its fiscal year 2020 goals.