Advanced Drainage Systems
WMS
$148.92 -0.75%
Exchange: NYSE | Sector: Industrials | Industry: Construction
Q4 2024
Published: Nov 8, 2024

Earnings Highlights

  • Revenue of $782.61M up 19.7% year-over-year
  • EPS of $1.67 increased by 37.7% from previous year
  • Gross margin of 37.6%
  • Net income of 130.38M
  • "*"The strength of our market position and resiliency of the ADS business model give us confidence in the long-term business outlook as we benefit from the secular tailwinds of changing climate patterns."* - Scott Barbour, CEO" - Scott Barbour
WMS
Advanced Drainage Systems Inc

Executive Summary

In Q4 2024, Advanced Drainage Systems Inc (WMS) reported stellar financial results, achieving a record revenue of $782.6 million, beating expectations and marking a 19.7% year-over-year increase. Net income surged to $130.4 million, reflecting a robust profitability measure with an EPS of $1.68. The quarter underscored the resilience of the ADS business model as management navigated a challenging market landscape, especially in residential and infrastructure sectors, which saw growth rates of 8% and 14% respectively in the second half of fiscal 2024. The companyÒ€ℒs strategic investments in technology and market positioning have set a solid foundation for continued growth in upcoming fiscal periods, despite acknowledging potential headwinds from fluctuating commodity prices and interest rate impacts on housing starts.

Key Performance Indicators

Revenue
Increasing
782.61M
QoQ: 0.00% | YoY: 19.69%
Gross Profit
Increasing
293.94M
37.56% margin
QoQ: 0.00% | YoY: 24.12%
Operating Income
Increasing
187.38M
QoQ: 0.00% | YoY: 36.09%
Net Income
Increasing
130.38M
QoQ: 0.00% | YoY: 37.50%
EPS
Increasing
1.68
QoQ: 0.00% | YoY: 37.70%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q1 2026 690.54 1.04 -11.8% View
Q4 2025 615.76 0.99 -21.3% View
Q3 2025 690.54 1.04 -15.3% View
Q1 2025 690.54 1.04 -15.3% View
Q4 2024 782.61 1.67 +19.7% View