ADVANCED DRAINAGE SYSTEMS, INC. (WMS) Return on equity 2017–2026
ADVANCED DRAINAGE SYSTEMS, INC. (WMS) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
22.9%FY2026 · since FY2017: 27.8% → 22.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 22.9% | -6.6 pp |
| FY2025 | 29.5% | -14.7 pp |
| FY2024 | 44.2% | -17.3 pp |
| FY2023 | 61.5% | +31.1 pp |
| FY2022 | 30.4% | +3.0 pp |
| FY2021 | 27.4% | +64.1 pp |
| FY2020 | -36.7% | -57.0 pp |
| FY2019 | 20.2% | +0.1 pp |
| FY2018 | 20.2% | -7.7 pp |
| FY2017 | 27.8% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice