Advanced Drainage Systems, Inc. (WMS)

Over the past six months, Advanced Drainage Systems, Inc. (WMS) stock has experienced movements impacted by company-specific and market events. As of April 1, 2026, the share price was $137.00, a 24.56% increase from the previous year. The stock reached a 52-week high of $179.32 on February 11, 2026. In November 2025, ADS announced strong second-quarter fiscal 2026 results and lifted its full-year guidance. In February 2026, ADS reported third-quarter fiscal 2026 results and closed the acquisition of NDS. The company also redeemed its Senior Notes and refinanced its term facility. The stock experienced declines in the month leading up to March 27, 2026, influenced by broader conversations about US infrastructure spending.

The demand for Advanced Drainage Systems, Inc.'s products and services is influenced by construction and infrastructure cycles. Demand can be seasonal, particularly in sectors sensitive to weather conditions and construction seasons. The construction market, a primary end market for ADS, typically experiences seasonal fluctuations.

Advanced Drainage Systems (ADS) designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, including single, double, and triple-wall pipes, leach field chambers, septic tanks, storm retention systems, drainage structures, and water quality filters. The company also distributes construction fabrics and geotextile products. ADS is the largest maker of high-density polyethylene pipe in the United States and utilizes a vertically integrated recycling and manufacturing network.

Advanced Drainage Systems, Inc. is headquartered in Hilliard, Ohio, and has a significant geographic presence, providing products and services across all 50 U.S. states. The company operates internationally with owned facilities in Canada and through joint ventures in Mexico and South America. In 2020, 93% of the company's sales were in the United States and 6% were in Canada.

Advanced Drainage Systems is recognized for its innovation, product breadth, quality, and sustainability initiatives. The company is considered a clear market leader in high-performance thermoplastic corrugated pipe in the U.S., reinforced by its superior financial metrics. Its focus on vertical integration through recycling is a critical competitive advantage. There is no specific information detailing negative events that have affected Advanced Drainage Systems, Inc.'s brand reputation in the past year.

Advanced Drainage Systems, Inc. (WMS) has a highly concentrated ownership structure, with institutional investors and a major private equity firm holding the vast majority of shares. As of April 8, 2026, there were 547 institutional owners holding a total of 70,668,487 shares. Berkshire Partners Holdings LLC is a significant legacy shareholder and the largest individual Advanced Drainage Systems shareholder, owning 18.66 million shares, representing 23.96% of the company.