No insider purchase over the last 90 days. The latest was filed 09 Nov 2022.
Headquartered in Hilliard, United States, Advanced Drainage Systems, Inc. belongs to the Technology sector. Filings by its managers are published through SEC (Form 4). Between 18 October 2025 and 18 October 2026, 17 insiders published 67 filings.
Only sales appear on the open market, 4 sales in all totalling €2.4M, filed by 3 insiders. One trade stands out by size: a sale of €1.4M from Eversole Robert M, disclosed on 5 December 2025.
The median gap between a trade and its publication by SEC (Form 4) is 2 days. US insiders must file a Form 4 within two business days of a trade. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification.
For context, the typical company on the same exchange (median of 5,458 companies) published 22 filings over the same period, against 67 filings here. Looking back to 2021, when coverage begins, insiders filed 1 purchase and 44 sales. On the fundamentals side, the SEC filing (10-K) for the period ending 31 March 2026 lists revenue at 3.05 bn USD and net income at 426.5 m USD; the dividend was 0.72 USD per share.
For comparison within the same sector, see the insider buying recorded at Gitlab Inc. and Baozun Inc. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Analysts rate Advanced Drainage Systems, Inc. Strong Buy (bullish), based on 11 analysts. Average price target: US$181.73.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Transparent value + quality ranking, distinct from the insider signal.
FY ended March 2026 · cache
25 of 392 declarations
Advanced Drainage Systems, Inc. (ADS) is a United States-based industrial company listed on the NYSE under the ticker WMS. Headquartered in Hilliard, Ohio, the group is a leading provider of water management solutions, with core exposure to stormwater drainage and onsite wastewater applications. Founded in 1966 by engineers Ron Martin and Marty Sixt, ADS has built a long operating history in engineered drainage products and has become one of the better-known scale players in its niche. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1604028/000160402825000019/wms-20250331xars.pdf?utm_source=openai))
The company’s business is organized around several complementary product families. Its legacy franchise centers on corrugated polyethylene and polypropylene pipe used for drainage, retention and conveyance applications. ADS also operates the Infiltrator business, which focuses on decentralized wastewater management and onsite septic solutions, including leachfield chambers, septic tanks and related accessories. In addition, the Allied Products & Other portfolio broadens the offering with stormwater chambers, structures, fittings and water-quality products. This breadth allows ADS to serve residential, commercial, infrastructure and agricultural end markets from a single platform. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1604028/000160402825000019/wms-20250331xars.pdf?utm_source=openai))
From a competitive standpoint, ADS benefits from scale, a broad manufacturing footprint and a diversified product mix in a market where technical performance, logistics and local service matter. The company emphasizes its diversified regional exposure across the United States and its ability to sell internationally, although the business remains tied to construction cycles, infrastructure spending, weather patterns and raw-material pricing. Those dynamics make demand and margins somewhat cyclical, even if the long-term theme of water infrastructure investment remains supportive. ([investors.ads-pipe.com](https://investors.ads-pipe.com/press-releases/press-release-details/2025/Advanced-Drainage-Systems-Announces-Fourth-Quarter-and-Fiscal-Year-2025-Results/default.aspx?utm_source=openai))
Recent developments have been constructive. In May 2025, ADS reported fiscal 2025 results and highlighted stronger contribution from its most profitable businesses, Infiltrator and Allied Products, along with solid cash generation and ongoing capital returns through dividends and share repurchases. On October 1, 2024, the company completed the acquisition of Orenco Systems, a manufacturer of decentralized wastewater management products, strengthening its wastewater platform. In September 2025, ADS issued its fiscal 2025 sustainability report and highlighted investments such as its Engineering and Technology Center in Hilliard and expansion work at its recycling facility in Cordele, Georgia. For investors, ADS stands out as a US-listed NYSE industrial name with structural exposure to water management, a relatively resilient long-term end market and an active capital-allocation profile. ([investors.ads-pipe.com](https://investors.ads-pipe.com/press-releases/press-release-details/2025/Advanced-Drainage-Systems-Announces-Fourth-Quarter-and-Fiscal-Year-2025-Results/default.aspx?utm_source=openai))
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All recommendationsHeadquarters: Hilliard, United States · Wikipedia article
Source: Wikidata (CC0).
| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Mar 2026 | 3.05 bn USD | 426.5 m USD | 5.44 USD | 0.72 USD | 10-K |
| Mar 2025 | 2.90 bn USD | 450.2 m USD | 5.76 USD | 0.64 USD | 10-K |
| Mar 2024 | 2.87 bn USD | 509.9 m USD | 6.45 USD | 0.56 USD | 10-K |
| Mar 2023 | 3.07 bn USD | 507.1 m USD | 6.08 USD | 0.48 USD | 10-K |
| Mar 2022 | 2.77 bn USD | 271.3 m USD | 3.15 USD | 0.44 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.