Advanced Drainage Systems, Inc.

Advanced Drainage Systems, Inc.

WMSยทNYSE

$132.51

-1.6%
IndustrialsConstruction

Advanced Drainage Systems, Inc. designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, and drainage solutions for use in the underground construction and infrastructure marketplace in the United States, Canada, Mexico, and internationally. The company operates through Pipe, International, Infiltrator, and Allied Products & Other segments. It offers single, double, and triple wall corrugated polypropylene and polyethylene pipes; plastic leachfield chambers and systems, EZflow synthetic aggregate bundles, mechanical aeration wastewater solutions, septic tanks and accessories, and combined treatment and dispersal systems; and allied products, including storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water quality filters and separators. The company also purchases and distributes construction fabrics and other geosynthetic products for soil stabilization, reinforcement, filtration, separation, erosion control, and sub-surface drainage, as well as drainage grates and other products. It offers its products for non-residential, residential, agriculture, and infrastructure applications through a network of approximately 38 distribution centers. The company was incorporated in 1966 and is headquartered in Hilliard, Ohio.

At a Glance

Live Snapshot
Market Cap$10.15B
EPS6.2800
P/E Ratio21.10
Earnings Date08/06/2026
0.13%
Dividend Yield
6%
3Y-6.0%
5Y+26.0%
10Y-46.0%
42.63%
Dividend Payout Ratio
185%
3Y+285.0%
5Y+10.0%
10Y+182.0%
3Y+48.0%
5Y+83.0%
10Y+283.0%
Advanced Drainage Systems, Inc.

Advanced Drainage Systems, Inc. Dividend History

WMS ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

WMS Dividend Payment History

WMS ยท NYSE

Total Payments

47

Latest Dividend

$0.2000

Annual Amount

$0.7400

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 21, 2026
Jun 1, 2026Jun 15, 2026
$0.2000
$0.2000
Quarterly+11.11%
Feb 5, 2026
Mar 2, 2026Mar 16, 2026
$0.1800
$0.1800
Quarterly0.00%
Nov 6, 2025
Dec 1, 2025Dec 15, 2025
$0.1800
$0.1800
Quarterly0.00%
Aug 7, 2025
Aug 29, 2025Sep 15, 2025
$0.1800
$0.1800
Quarterly0.00%
May 15, 2025
May 30, 2025Jun 16, 2025
$0.1800
$0.1800
Quarterly+12.50%
Feb 6, 2025
Feb 28, 2025Mar 14, 2025
$0.1600
$0.1600
Quarterly0.00%
Nov 8, 2024
Dec 2, 2024Dec 16, 2024
$0.1600
$0.1600
Quarterly0.00%
Aug 8, 2024
Aug 30, 2024Sep 13, 2024
$0.1600
$0.1600
Quarterly0.00%
May 16, 2024
May 31, 2024Jun 14, 2024
$0.1600
$0.1600
Quarterly+14.29%
Feb 8, 2024
Mar 1, 2024Mar 15, 2024
$0.1400
$0.1400
Quarterly0.00%
Nov 2, 2023
Dec 1, 2023Dec 15, 2023
$0.1400
$0.1400
Quarterly0.00%
Aug 3, 2023
Sep 1, 2023Sep 15, 2023
$0.1400
$0.1400
Quarterly0.00%
May 18, 2023
Jun 1, 2023Jun 15, 2023
$0.1400
$0.1400
Quarterly+16.67%
Feb 2, 2023
Mar 1, 2023Mar 15, 2023
$0.1200
$0.1200
Quarterly0.00%
Nov 3, 2022
Dec 1, 2022Dec 15, 2022
$0.1200
$0.1200
Quarterly0.00%
Aug 4, 2022
Sep 1, 2022Sep 15, 2022
$0.1200
$0.1200
Quarterly0.00%
May 19, 2022
Jun 1, 2022Jun 15, 2022
$0.1200
$0.1200
Quarterly+9.09%
Feb 3, 2022
Mar 1, 2022Mar 15, 2022
$0.1100
$0.1100
Quarterly0.00%
Nov 4, 2021
Dec 1, 2021Dec 15, 2021
$0.1100
$0.1100
Quarterly0.00%
Aug 5, 2021
Sep 1, 2021Sep 15, 2021
$0.1100
$0.1100
Quarterly0.00%
May 20, 2021
Jun 1, 2021Jun 15, 2021
$0.1100
$0.1100
Quarterly+22.22%
Feb 4, 2021
Mar 1, 2021Mar 15, 2021
$0.0900
$0.0900
Quarterly0.00%
Nov 5, 2020
Dec 1, 2020Dec 15, 2020
$0.0900
$0.0900
Quarterly0.00%
Aug 6, 2020
Sep 1, 2020Sep 15, 2020
$0.0900
$0.0900
Quarterly0.00%
May 20, 2020
Jun 1, 2020Jun 15, 2020
$0.0900
$0.0900
Quarterly0.00%
Feb 6, 2020
Mar 2, 2020Mar 16, 2020
$0.0900
$0.0900
Quarterly0.00%
Nov 7, 2019
Nov 29, 2019Dec 13, 2019
$0.0900
$0.0900
Quarterly0.00%
Aug 8, 2019
Aug 30, 2019Sep 13, 2019
$0.0900
$0.0900
Quarterly-91.74%
May 23, 2019
Jun 3, 2019Jun 14, 2019
$1.0900
$1.0900
Quarterly+1262.50%
Feb 7, 2019
Mar 1, 2019Mar 15, 2019
$0.0800
$0.0800
Quarterly0.00%
Nov 8, 2018
Nov 30, 2018Dec 14, 2018
$0.0800
$0.0800
Quarterly0.00%
Aug 9, 2018
Aug 31, 2018Sep 14, 2018
$0.0800
$0.0800
Quarterly0.00%
May 29, 2018
Jun 5, 2018Jun 15, 2018
$0.0800
$0.0800
Quarterly+14.29%
Feb 8, 2018
Mar 1, 2018Mar 15, 2018
$0.0700
$0.0700
Quarterly0.00%
Nov 1, 2017
Dec 1, 2017Dec 15, 2017
$0.0700
$0.0700
Quarterly0.00%
Aug 3, 2017
Sep 1, 2017Sep 15, 2017
$0.0700
$0.0700
Quarterly0.00%
May 30, 2017
Jun 5, 2017Jun 15, 2017
$0.0700
$0.0700
Quarterly+16.67%
Feb 9, 2017
Mar 1, 2017Mar 15, 2017
$0.0600
$0.0600
Quarterly0.00%
Nov 11, 2016
Dec 1, 2016Dec 15, 2016
$0.0600
$0.0600
Quarterly0.00%
Aug 5, 2016
Sep 1, 2016Sep 15, 2016
$0.0600
$0.0600
Quarterly0.00%
Jun 7, 2016
Jun 16, 2016Jun 30, 2016
$0.0600
$0.0600
Quarterly+20.00%
Feb 22, 2016
Mar 1, 2016Mar 15, 2016
$0.0500
$0.0500
Quarterly0.00%
Nov 16, 2015
Dec 1, 2015Dec 15, 2015
$0.0500
$0.0500
Quarterly0.00%
Aug 18, 2015
Sep 1, 2015Sep 15, 2015
$0.0500
$0.0500
Quarterly0.00%
May 12, 2015
Jun 1, 2015Jun 15, 2015
$0.0500
$0.0500
Quarterly+25.00%
Feb 10, 2015
Mar 2, 2015Mar 16, 2015
$0.0400
$0.0400
Quarterly0.00%
Nov 12, 2014
Dec 1, 2014Dec 10, 2014
$0.0400
$0.0400
Quarterly-
wms

Advanced Drainage Systems, Inc. Payout Ratio Analysis

WMS ยท NYSE
Dividends Paid
-56.12M
2026
Net Income
489.16M
2026
Payout Ratio
11.47%
2026

Dividend Sustainability Analysis

Payout Ratio
11.47%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
9.9%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-12.8%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.