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Mar 31, 2024
ADS Q4 2024 Earnings Report
ADS reported Q4 2024 earnings with increased net sales and net income.
Key Takeaways
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.
Net sales increased by 5.9% to $653.8 million.
Net income increased by 10.6% to $95.5 million.
Diluted net income per share increased by 14.5% to $1.21.
Adjusted EBITDA increased by 11.2% to $191.2 million.
ADS
ADS
ADS Revenue by Segment
ADS Revenue by Geographic Location
Revenue by Segment
Pipe Revenue
CapyFin.comInfiltrator Revenue
CapyFin.comInternational Pipe Revenue
CapyFin.comInternational Allied Products & Other Revenue
CapyFin.comAllied Products & Other Revenue
CapyFin.comRevenue by Geographic Location
Domestic Markets Revenue
CapyFin.comInternational Revenue
CapyFin.com Forward Guidance
For fiscal year 2025, the company expects net sales to be in the range of $2.925 billion to $3.025 billion, and adjusted EBITDA to be in the range of $940 million to $980 million. Capital expenditures are expected to be in the range of $250 million to $300 million.
Positive Outlook
- Favorable demand driving volume growth in residential and infrastructure markets.
- Stability in the non-residential construction market.
- Improved fixed cost absorption.
- Increasing contributions from previous capital investments.
- Effective management of price/cost leading to healthy Adjusted EBITDA margins.
Revenue & Expenses
Visualization of income flow from segment revenue to net income