Welcome to our dedicated page for ADVANCED DRAINAGE SYSTEMS SEC filings (Ticker: WMS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Advanced Drainage Systems, Inc. filings document material events, operating results, capital structure and governance actions for a NYSE-listed manufacturer of stormwater and onsite wastewater management products. Recent 8-K disclosures include quarterly results releases, Regulation FD presentation materials, dividend approvals and stock repurchase program updates.
The company's regulatory record also covers financing and material-agreement disclosures, including senior notes due 2034, subsidiary guarantees and refinancing-related capital structure matters. These filings describe how ADS reports debt instruments, shareholder returns, common stock registration, board-authorized capital actions and other events affecting its public-company obligations.
ADVANCED DRAINAGE SYSTEMS, INC. (WMS) reported that Executive Vice President of Supply Chain Management Patrick M. Coyle Jr. had 26 shares of common stock withheld on September 1, 2026 to satisfy tax obligations arising from the vesting of restricted common stock. After this tax withholding, he held 10,039 shares of common stock directly, and an additional 4,317.1115 shares were held for his benefit through a KSOP allocation. The transactions were not made under a Rule 10b5-1 trading plan.
ADVANCED DRAINAGE SYSTEMS, INC. (WMS) director Robert M. Eversole reported a restructuring of how he holds certain shares through bona fide gifts on September 1, 2026. He transferred 2,386 shares of common stock from his direct holdings to a revocable trust he serves as trustee for the benefit of himself, his spouse, and children.
After these transfers, he directly holds 2,253 shares, and the revocable trust holds 51,462 shares, reported as indirect ownership. No Rule 10b5-1 trading plan is reported in connection with these transactions.
For ADVANCED DRAINAGE SYSTEMS, INC. (WMS), President & Chief Executive Officer D. Scott Barbour reported a bona fide gift of 2,000 shares of common stock on 2026-08-20 from an indirect holding in his revocable trust, leaving that trust with 51,652 shares. The Form 4 also reports post-transaction holdings of common stock held directly (77,268 shares) and indirectly through various trusts and plans, including an irrevocable spousal access trust, GRATs, spouse’s trusts, and a KSOP allocation.
Advanced Drainage Systems, Inc. reported first‑quarter fiscal 2027 net sales of $1,001.1 million, up 20.6% from the prior‑year quarter. Net income from continuing operations increased 22.5% to $176.6 million. Adjusted EBITDA rose 28.8% to $358.3 million, with Adjusted EBITDA margin improving to 35.8% from 33.5%.
Stormwater net sales grew 24.2% to $809.4 million, including $94.7 million from the NDS acquisition, while Wastewater sales increased 7.5% to $191.7 million. Gross profit rose 23.5% to $408.0 million, driven by NDS, higher volumes and favorable price/cost and manufacturing, partly offset by higher transportation costs.
Operating cash flow was $260.4 million and free cash flow $203.2 million, after $57.2 million of capital expenditures. Cash totaled $162.3 million and net debt $1.60 billion, resulting in a leverage ratio of 1.5 and total liquidity of $900.9 million. The company repurchased 1.6 million shares, paid a $0.20 per‑share dividend, and had $822.5 million remaining under its $1.0 billion repurchase authorization.
Advanced Drainage Systems reported fiscal first‑quarter 2027 results that management described as a strong start, with net sales up 20.6% to $1.0 billion and net income from continuing operations up 22.5% to $176.6 million. Diluted EPS from continuing operations rose 22.8% to $2.26.
Growth was led by Stormwater, where sales rose 24.2% to $809.4 million, including $94.7 million from the acquisition of NDS; organic stormwater sales increased 9.7%. Wastewater sales increased 7.5% to $191.7 million. Adjusted EBITDA grew 28.8% to $358.3 million, expanding margin to 35.8% from 33.5%.
Operating cash flow was $260.4 million and free cash flow $203.2 million, with net debt of $1.60 billion and a leverage ratio of 1.5x Adjusted EBITDA. The company repurchased 1.6 million shares for $228.5 million and announced an 11% higher quarterly dividend of $0.20 per share. Full‑year fiscal 2027 guidance was reaffirmed for net sales of $3.35–$3.55 billion and Adjusted EBITDA of $1.0–$1.05 billion.
Advanced Drainage Systems, Inc. director Tanya D. Fratto reported a grant/award acquisition of 1,110 shares of Common Stock on 2026-07-16 at $0.00 per share. After this transaction, she directly holds 30,552 shares of the company’s Common Stock.
GAST KELLY S. reported acquisition or exercise transactions in this Form 4 filing.
ADVANCED DRAINAGE SYSTEMS, INC. director Kelly S. Gast reported a grant of 1,110 shares of common stock on July 16, 2026, recorded at $0.0000 per share. After this award, Gast directly owns 8,981 shares of the company’s common stock. The Rule 10b5-1 trading-plan checkbox is not marked.
COLEMAN MICHAEL B. reported acquisition or exercise transactions in this Form 4 filing.
ADVANCED DRAINAGE SYSTEMS, INC. director Michael B. Coleman received a grant of 1,110 shares of common stock on July 16, 2026, at $0.00 per share. Following this compensation-related award, he directly holds a total of 12,587 shares of the company’s common stock.
Advanced Drainage Systems, Inc. director Seetharam Anil received a grant or award of 1,782 shares of common stock on July 16, 2026 at no cost. Following this acquisition, he directly holds 16,240 shares and indirectly holds 1,196 shares through family trusts.
Advanced Drainage Systems, Inc. reported that director Anesa Chaibi received a grant of 1,110 shares of common stock on July 16, 2026. The award was classified as a grant or award acquisition and recorded at $0.00 per share.
Following this transaction, Chaibi directly holds 8,698 common shares of Advanced Drainage Systems.