Advanced Drainage Systems Inc Net Assets
Advanced Drainage Systems Inc net assets. Based on the latest financial reports, Advanced Drainage Systems Inc (WMS) has net assets worth $1.96 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.51 Billion) and total liabilities ($2.55 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore WMS net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.96 Billion |
| % of Total Assets | 43.41% |
| Annual Growth Rate | 14.62% |
| 5-Year Change | 77.0% |
| 10-Year Change | 471.57% |
| Growth Volatility | 28.84 |
Net Assets of Advanced Drainage Systems Inc (2012–2026)
Net assets of Advanced Drainage Systems Inc from 2012 to 2026. This chart illustrates how Advanced Drainage Systems Inc's net assets have evolved over time, based on quarterly financial data. See Advanced Drainage Systems Inc (WMS) balance sheet quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Advanced Drainage Systems Inc (2012–2026)
The table below shows the annual net assets of Advanced Drainage Systems Inc from 2012 to 2026. For live market cap and overall valuation, see Advanced Drainage Systems Inc (WMS) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | $1.96 Billion | +19.57% |
| 2025-03-31 | $1.64 Billion | +27.73% |
| 2024-03-31 | $1.28 Billion | +28.73% |
| 2023-03-31 | $994.86 Million | -9.97% |
| 2022-03-31 | $1.11 Billion | +3.91% |
| 2021-03-31 | $1.06 Billion | +35.54% |
| 2020-03-31 | $784.58 Million | +56.72% |
| 2019-03-31 | $500.63 Million | +17.70% |
| 2018-03-31 | $425.34 Million | +24.29% |
| 2017-03-31 | $342.21 Million | +22.99% |
| 2016-03-31 | $278.25 Million | -11.55% |
| 2015-03-31 | $314.60 Million | +78.47% |
| 2014-03-31 | $176.28 Million | -45.36% |
| 2013-03-31 | $322.62 Million | +11.36% |
| 2012-03-31 | $289.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Advanced Drainage Systems Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1580.4% over the analyzed period, indicating profitable operations and earnings retention.
Advanced Drainage Systems Inc Net Assets Breakdown (March 2026)
Advanced Drainage Systems Inc net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.86 Billion | 96.41% |
| Common Stock | $11.71 Million | 0.61% |
| Other Comprehensive Income | $-32.29 Million | -1.67% |
| Other Components | $90.03 Million | 4.66% |
| Total Equity | $1.93 Billion | 100.00% |
Advanced Drainage Systems Inc Competitors by Market Cap
The table below lists competitors of Advanced Drainage Systems Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Zheneng Electric Power Co Ltd
SHG:600023
|
$10.40 Billion |
|
Repligen Corporation
NASDAQ:RGEN
|
$10.40 Billion |
|
Ningbo Deye Technology Co Ltd
SHG:605117
|
$10.40 Billion |
|
Chongqing Sokon Ind Grp Co
SHG:601127
|
$10.41 Billion |
|
YARA INTL ASA ADR NK170
F:IU20
|
$10.39 Billion |
|
Wintrust Financial Corporation
NASDAQ:WTFC
|
$10.39 Billion |
|
Grupo Cibest S.A.
NYSE:CIB
|
$10.38 Billion |
|
Walgreens Boots Alliance Inc
NASDAQ:WBA
|
$10.37 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Advanced Drainage Systems Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,618,088,000 to 1,932,386,000, a change of 314,298,000 (19.4%).
- Net income of 426,465,000 contributed positively to equity growth.
- Dividend payments of 56,124,000 reduced retained earnings.
- Share repurchases of 91,958,000 reduced equity.
- Other comprehensive income increased equity by 4,888,000.
- Other factors increased equity by 31,027,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $426.46 Million | +22.07% |
| Dividends Paid | $56.12 Million | -2.9% |
| Share Repurchases | $91.96 Million | -4.76% |
| Other Comprehensive Income | $4.89 Million | +0.25% |
| Other Changes | $31.03 Million | +1.61% |
| Total Change | $- | 19.42% |
Book Value vs Market Value Analysis
This analysis compares Advanced Drainage Systems Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.85x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 29.41x to 5.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | $4.90 | $144.07 | x |
| 2013-03-31 | $5.45 | $144.07 | x |
| 2014-03-31 | $4.00 | $144.07 | x |
| 2015-03-31 | $6.05 | $144.07 | x |
| 2016-03-31 | $5.61 | $144.07 | x |
| 2017-03-31 | $5.88 | $144.07 | x |
| 2018-03-31 | $7.25 | $144.07 | x |
| 2019-03-31 | $8.45 | $144.07 | x |
| 2020-03-31 | $12.11 | $144.07 | x |
| 2021-03-31 | $14.67 | $144.07 | x |
| 2022-03-31 | $14.93 | $144.07 | x |
| 2023-03-31 | $11.73 | $144.07 | x |
| 2024-03-31 | $15.97 | $144.07 | x |
| 2025-03-31 | $20.69 | $144.07 | x |
| 2026-03-31 | $24.62 | $144.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Advanced Drainage Systems Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 22.07%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.98%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.33x
- Recent ROE (22.07%) is above the historical average (16.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 16.08% | 4.27% | 1.12x | 3.36x | $16.35 Million |
| 2013 | 6.90% | 2.03% | 1.12x | 3.03x | $-9.28 Million |
| 2014 | 4.99% | 1.04% | 1.14x | 4.20x | $-11.18 Million |
| 2015 | 2.74% | 0.73% | 1.13x | 3.31x | $-22.84 Million |
| 2016 | 9.02% | 2.23% | 1.17x | 3.44x | $-2.87 Million |
| 2017 | 10.07% | 2.62% | 1.20x | 3.20x | $219.90K |
| 2018 | 15.17% | 4.66% | 1.28x | 2.55x | $21.14 Million |
| 2019 | 15.98% | 5.62% | 1.33x | 2.14x | $29.11 Million |
| 2020 | -25.00% | -11.54% | 0.71x | 3.07x | $-270.46 Million |
| 2021 | 21.36% | 11.31% | 0.82x | 2.30x | $119.26 Million |
| 2022 | 24.93% | 9.80% | 1.05x | 2.43x | $162.49 Million |
| 2023 | 51.88% | 16.51% | 1.06x | 2.97x | $409.35 Million |
| 2024 | 40.41% | 17.74% | 0.88x | 2.59x | $383.73 Million |
| 2025 | 27.82% | 15.50% | 0.79x | 2.28x | $288.36 Million |
| 2026 | 22.07% | 13.98% | 0.68x | 2.33x | $233.23 Million |
Industry Comparison
This section compares Advanced Drainage Systems Inc's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $1,912,880,829
- Average return on equity (ROE) among peers: 7.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advanced Drainage Systems Inc (WMS) | $1.96 Billion | 16.08% | 1.30x | $10.39 Billion |
| AAON Inc (AAON) | $350.87 Million | 22.52% | 0.28x | $4.80 Billion |
| Antelope Enterprise Holdings Ltd (AEHL) | $1.09 Billion | -33.35% | 0.21x | $6.19 Million |
| Montana Technologies Corporation (AIRJ) | $284.10 Million | -0.98% | 0.04x | $161.94 Million |
| Apogee Enterprises Inc (APOG) | $321.20 Million | 1.45% | 0.54x | $790.49 Million |
| Alpha Pro Tech Ltd (APT) | $9.77 Million | 17.03% | 0.31x | $64.06 Million |
| Arlo Technologies (ARLO) | $103.28 Million | -21.34% | 1.76x | $1.40 Billion |
| Armstrong World Industries Inc (AWI) | $757.10 Million | 34.99% | 1.43x | $7.44 Billion |
| Azek Company Inc (AZEK) | $1.44 Billion | 4.65% | 0.65x | $7.82 Billion |
| Builders FirstSource Inc (BLDR) | $376.21 Million | 10.31% | 6.99x | $7.48 Billion |
| Carrier Global Corp (CARR) | $14.39 Billion | 38.93% | 1.60x | $45.88 Billion |
About Advanced Drainage Systems Inc
Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products in the United States, Canada, and internationally. The company operates through Stormwater and Wastewater segments. The company offers single, double, and triple wall corrugated polypropylene and polyethylene pipes; plastic leachfield chambers and systems; EZflow… Read more