secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCED DRAINAGE SYSTEMS, INC. (WMS)
CIK:        0001604028
Form:       8-K
Filed at:   2026-05-21T11:06:01+00:00
Accession:  0001604028-26-000014
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADS Q4 net sales up 9.9% to $676.8M; adjusted EPS $1.07 (+3.9%); dividend raised 11% to $0.20/quarter
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- Q4 GAAP EPS from continuing ops $0.43 (down 56.6% YoY), adjusted EPS $1.07 (up 3.9%); adjusted EBITDA $188M (+6.4%).
- Full-year FY2026 net sales up 5%; adjusted EBITDA margin 31.6%; cash from ops $819.1M; returned $155.4M to shareholders.
- Closed NDS acquisition in Q4 contributed $48.8M of stormwater revenue; organic stormwater sales up 2%.
- Board approved 11% dividend increase to $0.80 annual; $0.20 quarterly payable June 15, 2026 to holders of record June 1.
- Management cautious on FY2027 due to geopolitical uncertainty, elevated interest rates; pricing actions to offset inflation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1604028/000160402826000014/0001604028-26-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1604028/000160402826000014/wms-20260521.htm
  HTML page:      https://secwatch.observer/filing/0001604028-26-000014

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