Current Ratio (Annual)

Current Ratio: A liquidity ratio that measures a company's ability to pay short-term obligations. Calculated as: Total Current Assets / Total Current Liabilities

Advanced Drainage Systems, Inc. (WMS) had Current Ratio of 2.42 for the most recently reported fiscal year, ending 2026-03-31.

Quarterly Annual

Figures for fiscal year ending 2026-03-31

Income Statement Financials
Revenue	$3.05B
Net Income	$426.46M
Cost of Goods Sold	$1.88B
Gross Profit	$1.17B
Operating Expenses	$2.43B
Operating Income	$619.20M
Non-Operating Income/Expense	$-59.41M
Pre-Tax Income	$559.79M
Normalized Pre-Tax Income	$559.79M
Income after Taxes	$424.80M
Income from Continuous Operations	$429.86M
Consolidated Net Income/Loss	$428.77M
Normalized Income after Taxes	$424.80M
EBIT	$619.20M
EBITDA	$837.69M
Weighted-Average Shares Outstanding (Basic)	77.76M
Weighted-Average Shares Outstanding (Diluted)	78.38M
Earnings per Share (EPS) (Basic)	$5.48
Earnings per Share (EPS) (Diluted)	$5.44
Balance Sheet Financials
Current Assets	$1.23B
Property, Plant, and Equipment	$1.22B
Long-Term Assets	$3.27B
Total Assets	$4.51B
Current Liabilities	$509.47M
Long-Term Debt	$1.73B
Long-Term Liabilities	$2.11B
Total Liabilities	$2.62B
Common Equity	$1.88B
Tangible Shareholders Equity	$-8.93M
Shareholders Equity	$1.88B
Common Shares Outstanding	72.65M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$819.05M
Cash Flow from Investing Activities	$-1.21B
Cash Flow from Financial Activities	$156.32M
Beginning Cash	$469.27M
End Cash	$233.97M
Increase/Decrease in Cash	$-235.30M
Stock-Based Compensation	$32.35M
Common Stock Dividends Paid	$-58.08M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.42
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.48
Debt to Equity Ratio	0.94
Gross Margin	38.27%
Operating Margin	20.30%
EBIT Margin	20.30%
EBITDA Margin	27.46%
Pre-Tax Profit Margin	18.35%
Profit Margin	13.98%
Free Cash Flow	$569.29M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.68
Inventory Turnover	3.47
Receiveable Turnover	7.81
Days Sales in Receivables	46.73
Return on Equity	22.84%
Return on Tangible Equity	-4813.21%
Return on Assets	9.54%
Return on Investments	11.91%
Book Value Per Share	$25.91
Free Cash Flow per Share	$7.26
Operating Cash Flow per Share	$10.45

Data from Zacks Investment Research, Inc.