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Advanced Drainage Systems Valuation Multiples
Discover revenue and EBITDA valuation multiples for Advanced Drainage Systems and similar public comparables like TopBuild, Belimo, SPX Technologies, Stanley Black & Decker and more.
Advanced Drainage Systems Overview
About Advanced Drainage Systems
Advanced Drainage Systems Inc is the manufacturer of water management solutions in the stormwater and onsite septic wastewater industries, providing superior drainage solutions for use in the construction and agriculture marketplaces. Its products are used across a broad range of end markets and applications, including residential, non-residential, infrastructure and agriculture applications. It operates business in three distinct reportable segments: Pipe; International, and Infiltrator. It generates a greater proportion of revenue from its Pipe segment, which consists of Pipe product sales in the United States. The Infiltrator is a provider of plastic leachfield chambers and systems, septic tanks and accessories, for use in residential applications.
Founded
1966
HQ

Employees
6.0K
Website
Financials (LTM)
EV
$12B
Advanced Drainage Systems Financials
Advanced Drainage Systems reported last 12-month revenue of $3B and EBITDA of $959M.
In the same LTM period, Advanced Drainage Systems generated $1B in gross profit, $959M in EBITDA, and $475M in net income.
Revenue (LTM)
Advanced Drainage Systems P&L
In the most recent fiscal year, Advanced Drainage Systems reported revenue of $3B and EBITDA of $889M.
Advanced Drainage Systems expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $3B | XXX | $3B | XXX | XXX | XXX |
| Gross Profit | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Margin | 40% | XXX | 38% | XXX | XXX | XXX |
| EBITDA | $959M | XXX | $889M | XXX | XXX | XXX |
| EBITDA Margin | 31% | XXX | 31% | XXX | XXX | XXX |
| EBIT Margin | 24% | XXX | 24% | XXX | XXX | XXX |
| Net Profit | $475M | XXX | $453M | XXX | XXX | XXX |
| Net Margin | 16% | XXX | 16% | XXX | XXX | XXX |
| Net Debt | — | — | $798M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Advanced Drainage Systems Stock Performance
Advanced Drainage Systems has current market cap of $11B, and enterprise value of $12B.
Market Cap Evolution
Advanced Drainage Systems' stock price is $144.32.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $12B | $11B | -2.3% | XXX | XXX | XXX | $5.81 |
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Start Free TrialAdvanced Drainage Systems Valuation Multiples
Advanced Drainage Systems trades at 3.8x EV/Revenue multiple, and 12.2x EV/EBITDA.
EV / Revenue (LTM)
Advanced Drainage Systems Financial Valuation Multiples
As of April 17, 2026, Advanced Drainage Systems has market cap of $11B and EV of $12B.
Equity research analysts estimate Advanced Drainage Systems' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Advanced Drainage Systems has a P/E ratio of 23.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $11B | XXX | $11B | XXX | XXX | XXX |
| EV (current) | $12B | XXX | $12B | XXX | XXX | XXX |
| EV/Revenue | 3.8x | XXX | 4.0x | XXX | XXX | XXX |
| EV/EBITDA | 12.2x | XXX | 13.1x | XXX | XXX | XXX |
| EV/EBIT | 15.8x | XXX | 17.1x | XXX | XXX | XXX |
| EV/Gross Profit | 9.6x | XXX | 10.7x | XXX | XXX | XXX |
| P/E | 23.6x | XXX | 24.8x | XXX | XXX | XXX |
| EV/FCF | 20.9x | XXX | 31.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Advanced Drainage Systems Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Advanced Drainage Systems Margins & Growth Rates
Advanced Drainage Systems' revenue in the last 12 month grew by 12%.
Advanced Drainage Systems' revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.1M for the same period.
Advanced Drainage Systems' rule of 40 is 42% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Advanced Drainage Systems' rule of X is 58% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Advanced Drainage Systems Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 12% | XXX | 4% | XXX | XXX | XXX |
| EBITDA Margin | 31% | XXX | 31% | XXX | XXX | XXX |
| EBITDA Growth | 10% | XXX | 7% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 42% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 58% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 13% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 15% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Advanced Drainage Systems Public Comps
See public comps and valuation multiples for other Building Products comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Advanced Drainage Systems | XXX | XXX | XXX | XXX | XXX | XXX |
| TopBuild | XXX | XXX | XXX | XXX | XXX | XXX |
| Belimo | XXX | XXX | XXX | XXX | XXX | XXX |
| SPX Technologies | XXX | XXX | XXX | XXX | XXX | XXX |
| Stanley Black & Decker | XXX | XXX | XXX | XXX | XXX | XXX |
| Dangote Cement | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Advanced Drainage Systems M&A Activity
Advanced Drainage Systems acquired XXX companies to date.
Last acquisition by Advanced Drainage Systems was on XXXXXXXX, XXXXX. Advanced Drainage Systems acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Advanced Drainage Systems
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAdvanced Drainage Systems Investment Activity
Advanced Drainage Systems invested in XXX companies to date.
Advanced Drainage Systems made its latest investment on XXXXXXXX, XXXXX. Advanced Drainage Systems invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Advanced Drainage Systems
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Advanced Drainage Systems
| When was Advanced Drainage Systems founded? | Advanced Drainage Systems was founded in 1966. |
| Where is Advanced Drainage Systems headquartered? | Advanced Drainage Systems is headquartered in United States. |
| How many employees does Advanced Drainage Systems have? | As of today, Advanced Drainage Systems has over 6K employees. |
| Who is the CEO of Advanced Drainage Systems? | Advanced Drainage Systems' CEO is D. Scott Barbour. |
| Is Advanced Drainage Systems publicly listed? | Yes, Advanced Drainage Systems is a public company listed on NYSE. |
| What is the stock symbol of Advanced Drainage Systems? | Advanced Drainage Systems trades under WMS ticker. |
| When did Advanced Drainage Systems go public? | Advanced Drainage Systems went public in 2014. |
| Who are competitors of Advanced Drainage Systems? | Advanced Drainage Systems main competitors are TopBuild, Belimo, SPX Technologies, Stanley Black & Decker. |
| What is the current market cap of Advanced Drainage Systems? | Advanced Drainage Systems' current market cap is $11B. |
| What is the current revenue of Advanced Drainage Systems? | Advanced Drainage Systems' last 12 months revenue is $3B. |
| What is the current revenue growth of Advanced Drainage Systems? | Advanced Drainage Systems revenue growth (NTM/LTM) is 12%. |
| What is the current EV/Revenue multiple of Advanced Drainage Systems? | Current revenue multiple of Advanced Drainage Systems is 3.8x. |
| Is Advanced Drainage Systems profitable? | Yes, Advanced Drainage Systems is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Advanced Drainage Systems? | Advanced Drainage Systems' last 12 months EBITDA is $959M. |
| What is Advanced Drainage Systems' EBITDA margin? | Advanced Drainage Systems' last 12 months EBITDA margin is 31%. |
| What is the current EV/EBITDA multiple of Advanced Drainage Systems? | Current EBITDA multiple of Advanced Drainage Systems is 12.2x. |
| What is the current FCF of Advanced Drainage Systems? | Advanced Drainage Systems' last 12 months FCF is $560M. |
| What is Advanced Drainage Systems' FCF margin? | Advanced Drainage Systems' last 12 months FCF margin is 18%. |
| What is the current EV/FCF multiple of Advanced Drainage Systems? | Current FCF multiple of Advanced Drainage Systems is 20.9x. |
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