---
schema_version: "secwatch.filing_event.v1"
accession: "0001604028-24-000041"
form_type: "8-K"
ticker: "WMS"
cik: "0001604028"
company_name: "ADVANCED DRAINAGE SYSTEMS, INC."
filed_at: "2024-11-08T23:59:59+00:00"
generated_at: "2026-05-30T02:50:17.792671+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ADS Q2 FY2025: net sales flat at $782.6M, EPS down 2.3% to $1.67; dividend raised 14%

## Summary
- Net sales $782.6M flat YoY; net income $131.2M down 4.3%; diluted EPS $1.67 (down 2.3%).
- Adjusted EBITDA $245.6M flat 31.4% margin; adjusted EPS $1.70 flat.
- Infiltrator sales up 10.6% to $128.5M; domestic pipe down 1.3%; international down 14.5%.
- Orenco Systems (advanced wastewater treatment) acquisition closed in Q3 FY2025.
- Quarterly cash dividend raised 14% to $0.16/share, payable Dec 16 to holders of record Dec 2.

## SEC filing metadata
- accession: 0001604028-24-000041
- form_type: 8-K
- ticker: WMS
- cik: 0001604028
- company_name: ADVANCED DRAINAGE SYSTEMS, INC.
- filed_at: 2024-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1604028/000160402824000041/0001604028-24-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1604028/000160402824000041/wms-20241108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001604028-24-000041
- JSON: https://secwatch.observer/filing/0001604028-24-000041.json
- Plain text: https://secwatch.observer/filing/0001604028-24-000041.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.