The Investor Day is a strategic narrative event with no new earnings or guidance. The FY26 results and FY30 targets are consistent with the company's long-term growth story. Monitor for any subsequent M&A or capital allocation announcements that could move the stock.
Price Chart
Executive Summary
Advanced Drainage Systems (WMS) hosted its 2026 Investor Day, unveiling a Fiscal 2030 vision targeting >$4B in revenue, >$900M in cash from operations, >30% Adj. EBITDA margin, and >8% organic growth. The company reported FY26 net sales of $3.05B (+5% YoY), Adj. EBITDA of $963M (+8% YoY), and a 31.6% Adj. EBITDA margin. Management outlined a $5B capital deployment capacity for M&A and share buybacks, with $1B remaining under the current buyback authorization. The presentation is forward-looking and non-material in terms of new financial disclosures.
Key Facts
- FY26 net sales: $3.05B (+5% YoY)
- FY26 Adj. EBITDA: $963M (+8% YoY)
- FY26 Adj. EBITDA margin: 31.6%
- FY26 cash flow from operations: $819M
- Fiscal 2030 vision: >$4B revenue, >$900M cash from operations, >30% Adj. EBITDA margin, >8% organic growth
- $5B available for M&A and share buybacks; $1B remaining under current buyback authorization
- Leverage: 1.6x; weighted average cost of debt: 5.65%
Financial Impact
Investor day presentation with long-term targets; no new material financial disclosures beyond previously reported FY26 results
Risk Factors
- Execution risk on achieving >$4B revenue and >30% EBITDA margin by FY30
- Integration risk from NDS and other acquisitions
- Macroeconomic sensitivity to construction and infrastructure spending cycles
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001604028-26-000028 |
| Document: wms-20260618.htm | 0001604028-26-000028 |
| Document: wms-06182026xexx991.htm | 0001604028-26-000028 |
| Document: 0001604028-26-000028-index-headers.html | 0001604028-26-000028 |
| Document: 0001604028-26-000028-index.html | 0001604028-26-000028 |
| Document: 0001604028-26-000028.txt | 0001604028-26-000028 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 26, 2026 5w ago | Institutional Cluster | $141.46 $128.84 | ▼ −8.92% | ▼ −9.15% | $127.54 (−9.84%) |
Aug 6, 2026 8w ago | 8-K | $148.45 $134.83 | ▼ −9.17% | ▼ −9.77% | $127.54 (−14.09%) |
Jun 18, 2026 15w ago | 8-K | $147.12 $151.28 | ▲ +2.83% | ▲ +2.29% | $127.54 (−13.31%) |
May 21, 2026 19w ago | 8-K | $132.81 $139.13 | ▲ +4.76% | ▲ +6.18% | $127.54 (−3.97%) |
May 21, 2026 19w ago | 8-K | $135.15 $140.97 | ▲ +4.30% | ▲ +3.97% | $127.54 (−5.63%) |
US Market Status
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