Advanced Drainage Systems Inc Tangible Net Worth Ratio
Advanced Drainage Systems Inc tangible net worth ratio. Advanced Drainage Systems Inc (WMS) has a Tangible Net Worth Ratio of 56.6% as of March 2026. This metric is calculated by deducting intangible assets ($848.53 Million) from net assets ($1.96 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore WMS net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Advanced Drainage Systems Inc (2012–2026)
Tangible net worth ratio of Advanced Drainage Systems Inc from 2012 to 2026. This chart shows how Advanced Drainage Systems Inc's Tangible Net Worth Ratio has changed across 15 annual periods from 2012 to 2026. As of March 2026, the ratio stands at 56.6%, reflecting net assets of $1.96 Billion with intangible assets of $848.53 Million USD. Check Advanced Drainage Systems Inc (WMS) strategic investment index to assess the company's strategic physical and investment asset allocation.
Advanced Drainage Systems Inc Tangible Net Worth Ratio by Year (2012–2026)
Advanced Drainage Systems Inc tangible net worth ratio by year from 2012 to 2026. The table below presents the year-by-year Tangible Net Worth Ratio for Advanced Drainage Systems Inc from 2012 to 2026, covering 15 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see WMS market cap overview.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 56.6% | $1.96 Billion | $848.53 Million | $4.51 Billion | ▼ -16.0 pp |
| 2025 | 72.6% | $1.64 Billion | $448.06 Million | $3.69 Billion | ▲ +0.1 pp |
| 2024 | 72.5% | $1.28 Billion | $352.65 Million | $3.27 Billion | ▲ +13.4 pp |
| 2023 | 59.0% | $994.86 Million | $407.63 Million | $2.90 Billion | ▼ -1.9 pp |
| 2022 | 61.0% | $1.11 Billion | $431.38 Million | $2.65 Billion | ▲ +6.3 pp |
| 2021 | 54.7% | $1.06 Billion | $482.02 Million | $2.41 Billion | ▲ +26.9 pp |
| 2020 | 27.8% | $784.58 Million | $566.38 Million | $2.37 Billion | ▼ -62.2 pp |
| 2019 | 90.0% | $500.63 Million | $50.25 Million | $1.04 Billion | ▲ +2.8 pp |
| 2018 | 87.2% | $425.34 Million | $54.63 Million | $1.04 Billion | ▲ +4.6 pp |
| 2017 | 82.5% | $342.21 Million | $59.74 Million | $1.05 Billion | ▲ +6.0 pp |
| 2016 | 76.5% | $278.25 Million | $65.33 Million | $1.00 Billion | ▼ -2.7 pp |
| 2015 | 79.2% | $314.60 Million | $65.33 Million | $1.04 Billion | ▲ +18.8 pp |
| 2014 | 60.5% | $176.28 Million | $69.70 Million | $937.60 Million | ▼ -10.2 pp |
| 2013 | 70.7% | $322.62 Million | $94.63 Million | $907.74 Million | ▲ +8.0 pp |
| 2012 | 62.6% | $289.71 Million | $108.25 Million | $905.03 Million | — |