Advanced Drainage Systems Inc (WMS) — Cash Flow Quality Index
Advanced Drainage Systems Inc (WMS) has a Cash Flow Quality Index of 1.17x as of March 2026. Operating cash flow of $39.92 Million exceeds net income of $34.15 Million, indicating high earnings quality where cash backs reported profits. Explore WMS operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Advanced Drainage Systems Inc Cash Flow Quality Index (2011–2026)
Historical Cash Flow Quality Index for Advanced Drainage Systems Inc across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see WMS cash flow metrics.
Annual Cash Flow Quality Index for Advanced Drainage Systems Inc (2011–2026)
Year-by-year earnings quality comparison for Advanced Drainage Systems Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 1.67x | $819.05 Million | $489.16 Million | ▲ +30.3% |
| 2025 | 1.28x | $581.49 Million | $452.57 Million | ▼ -8.1% |
| 2024 | 1.40x | $717.93 Million | $513.29 Million | ▲ +1.0% |
| 2023 | 1.38x | $707.81 Million | $511.35 Million | ▲ +38.5% |
| 2022 | 1.00x | $274.89 Million | $275.03 Million | ▼ -50.0% |
| 2021 | 2.00x | $452.22 Million | $226.09 Million | ▲ +7.4% |
| 2019 | 1.86x | $151.68 Million | $81.47 Million | ▼ -12.0% |
| 2018 | 2.12x | $137.12 Million | $64.79 Million | ▼ -27.1% |
| 2017 | 2.90x | $104.24 Million | $35.91 Million | ▼ -66.4% |
| 2015 | 8.63x | $74.38 Million | $8.62 Million | ▲ +57.3% |
| 2014 | 5.49x | $62.12 Million | $11.32 Million | ▲ +68.7% |
| 2013 | 3.25x | $75.35 Million | $23.18 Million | ▲ +153.4% |
| 2012 | 1.28x | $57.00 Million | $44.43 Million | ▼ -91.9% |
| 2011 | 15.84x | $37.23 Million | $2.35 Million | — |