ADVANCED DRAINAGE SYSTEMS, INC. (WMS) Gross margin 2017–2026
ADVANCED DRAINAGE SYSTEMS, INC. (WMS) gross margin by fiscal year — reported gross profit divided by reported revenue.
38.3%FY2026 · since FY2017: 23.5% → 38.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 38.3% | +0.6 pp |
| FY2025 | 37.7% | -2.2 pp |
| FY2024 | 39.9% | +3.4 pp |
| FY2023 | 36.4% | +7.5 pp |
| FY2022 | 28.9% | -5.9 pp |
| FY2021 | 34.8% | +15.9 pp |
| FY2020 | 18.9% | -4.7 pp |
| FY2019 | 23.6% | +0.9 pp |
| FY2018 | 22.7% | -0.8 pp |
| FY2017 | 23.5% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice