NYSE$WMS

Advanced Drainage Systems Inc. · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

ADS reported Q4 2024 earnings with increased net sales and net income.

Advanced Drainage Systems (ADS) announced a 5.9% increase in net sales to $653.8 million and a 10.6% increase in net income to $95.5 million for the fourth quarter of fiscal year 2024. Adjusted EBITDA also increased by 11.2% to $191.2 million.

  • Net sales increased by 5.9% to $653.8 million.
  • Net income increased by 10.6% to $95.5 million.
  • Diluted net income per share increased by 14.5% to $1.21.
  • Adjusted EBITDA increased by 11.2% to $191.2 million.

Headline financials

Total Revenue

$654M

Previous: $618M+5.9%
EPS (adj)

$1.23

Previous: $1.06+16.0%
Adjusted EBITDA Margin

29.2%

Previous: 27.8%+5.0%
Capital Expenditures

-$47.4M

Previous: $40.1M-218.4%
Net Income

$95.5M

Previous: $86.3M+10.6%
Operating Income

$135M

Previous: $126M+7.8%
Gross Profit

$252M

Previous: $222M+13.3%

Revenue & EPS history

ADS · Revenue · Quarterly

$654M

Q4 2024+5.9%vs Q4 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

ADS · $3.09B total across 4 segments · Q4 2026

  • Domestic Pipe
    $1.5B
  • Domestic Allied Products
    $750M
  • Wastewater
    $653M
  • International
    $188M

Forward guidance

For fiscal year 2025, the company expects net sales to be in the range of $2.925 billion to $3.025 billion, and adjusted EBITDA to be in the range of $940 million to $980 million. Capital expenditures are expected to be in the range of $250 million to $300 million.

Tailwinds

  • Favorable demand driving volume growth in residential and infrastructure markets.
  • Stability in the non-residential construction market.
  • Improved fixed cost absorption.
  • Increasing contributions from previous capital investments.
  • Effective management of price/cost leading to healthy Adjusted EBITDA margins.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+3.7%

Avg return

Earnings day

+4.5%

Avg return

5 days after

+4.2%

Avg return

30 days after

71%

34 / 48 earnings

Positive

+18.1%

Q4 2018

Best reaction

-26.7%

Q2 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+1.4%
Q3 2026+6.1%+9.2%-8.8%
Q2 2026+8.9%+9.7%+10.5%
Q1 2026+17.3%+20.1%+30.3%
Q4 2025-3.4%-2.7%-7.1%
Q3 2025+1.4%+9.5%-1.0%
Q2 2025-14.6%-16.3%-18.3%
Q4 2024-1.2%+1.7%-3.0%
Q3 2024+17.4%+14.4%+17.1%
Q2 2024+4.1%+3.5%+16.0%
Q1 2025+4.2%+7.2%+4.2%
Q4 2023+8.9%+8.3%+24.6%
Q3 2023-10.9%-8.4%-13.8%
Q2 2023-26.7%-25.0%-16.0%
Q1 2023+16.0%+16.0%+10.8%
Q4 2022+5.7%+7.6%-17.6%
Q3 2022+5.7%+1.9%+5.2%
Q2 2022+10.6%+18.4%+11.9%
Q1 2022-5.2%-4.2%-4.6%
Q4 2021+5.9%+8.8%-3.3%
Q3 2021+16.5%+15.0%+19.4%
Q2 2021-5.1%-7.8%+11.5%
Q1 2021+11.2%+11.5%+11.2%
Q4 2020+7.1%+6.1%+17.6%
Q3 2020+6.6%+7.6%+4.2%
Q2 2020+0.0%+1.4%+1.6%
Q1 2020+1.8%+1.7%-4.7%
Q4 2019+9.2%+6.5%+13.7%
Q3 2019-5.9%-3.7%-6.2%
Q2 2019-3.7%-8.4%-11.0%
Q1 2019+7.8%+10.8%+14.0%
Q4 2018+18.1%+15.0%+11.6%
Q3 2018+11.9%+21.7%+21.5%
Q2 2018+10.1%+11.1%+21.4%
Q1 2018+0.3%+13.1%-0.8%
Q4 2017-4.4%-8.3%-7.4%
Q3 2017+1.2%-2.5%-9.8%
Q2 2017+5.1%+1.1%+7.5%
Q1 2017-6.0%-2.5%-18.4%
Q2 2016+9.5%+7.9%+11.1%
Q4 2016+9.5%+7.9%+11.1%
Q1 2016+0.4%-1.6%+11.2%
Q3 2016+3.8%+5.6%+10.7%
Q4 2015+9.4%
Q3 2014-1.5%
Q3 2015-0.0%
Q2 2015+10.8%
Q1 2015+3.2%
Q4 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013

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