Highest-materiality recent filing
Q4 GAAP EPS from continuing ops $0.43 (down 56.6% YoY), adjusted EPS $1.07 (up 3.9%); adjusted EBITDA $188M (+6.4%).
Advanced Drainage Systems issues $500M 5.375% senior notes due 2034 and amends credit facility
Issued $500M aggregate principal of 5.375% senior notes due March 1, 2034; interest payable semi-annually starting Sept 1, 2026.
Up to $500M aggregate principal amount of senior unsecured notes due 2034 offered in private transaction.
Q3 net sales $693.4M (+0.4%), net income $94M (+14.3%), diluted EPS $1.19 (+14.4%).
Advanced Drainage Systems completes $1.0B acquisition of Norma Group's water management business NDS
All-cash deal closed Feb 2, 2026; purchase price ~$1.0B plus adjustments.
Advanced Drainage Systems Q2 beats: EPS $1.99, sales up 8.7%, raises guidance, dividend +13%
Q2 net sales $850.4M (+8.7% YoY); diluted EPS $1.99 (+19.2%); adjusted EPS $1.97 (+15.9%).
ADS to acquire NDS from Norma Group for ~$1.0B, ~$875M net of tax benefits
All-cash deal adds NDS's $313M revenue (TTM June 2025) with ~90% U.S. sales; expected to close Q1 2026.
ADS Q1 net income drops 11% to $144M; raises dividend 13% to $0.18
Net sales $829.9M (+1.8% YoY); net income $144.1M (-11.2%); diluted EPS $1.84 vs $2.06.
Advanced Drainage Systems Q4 net sales down 5.8% to $615.8M; EPS $0.99 (-18.2% YoY)
Net sales $615.8M (-5.8% YoY); net income $76.8M (-19.6%); diluted EPS $0.99 (-18.2%).
ADS Q3 EPS $1.04 (-22%); net sales +4.3%; declares $0.16 dividend (+14%)
Net sales $690.5M (+4.3% YoY); net income $82.3M (-23%); diluted EPS $1.04 (-22.3%).
ADS Q2 FY2025: net sales flat at $782.6M, EPS down 2.3% to $1.67; dividend raised 14%
Net sales $782.6M flat YoY; net income $131.2M down 4.3%; diluted EPS $1.67 (down 2.3%).
ADS subsidiary Infiltrator to acquire Orenco Systems, expanding advanced wastewater treatment
Definitive agreement: Infiltrator Water Technologies to acquire Orenco, a manufacturer of advanced onsite septic wastewater treatment products.
ADS reports fiscal Q1 net sales up 4.8%, but net income down 6.7%; declares 14% higher dividend
Net sales $815.3M (+4.8% YoY); net income $162.3M (-6.7%); diluted EPS $2.06 (-5.5%).
Advanced Drainage Systems reports Q4 EPS $1.21, raises dividend 14% to $0.16/quarter
Q4 net sales $653.8M (+5.9% YoY), net income $95.5M (+10.6%), diluted EPS $1.21 (+14.5%).
On July 5, 2024, Michael G. Huebert the Executive Vice President, Sales of Advanced Drainage Systems, Inc. (the “Company”) provided notice of his resignation from the Company, effective as of July 19, 2024, in order to pursue an executive position with another company.
Max materiality 0.85 · Median 0.70 · Most common event earnings