In the fourth quarter of fiscal year 2025, Advanced Drainage Systems Inc (WMS) reported net sales of $615.76 million, reflecting a slight decline from the previous quarter. Despite this, the company showcased a strong performance in specific markets, particularly in Florida and Texas, where growth in pipe and Allied products was significant. The adjusted EBITDA margin, although declining slightly, stood at 30.6%, marking the second most profitable year in the company's history amidst challenges such as higher material costs and pricing pressures. Management remains optimistic, attributing their resilience to ongoing strategic initiatives and a diversified product mix, hinting at substantial growth opportunities in the near future.