Earnings Summary

Advanced Drainage Systems, Inc.’s revenue jumped 4.79% since last year same period to $815.34Mn in the Q2 2024. On a quarterly growth basis, Advanced Drainage Systems, Inc. has generated 24.7% jump in its revenue since last 3-months.

Advanced Drainage Systems, Inc.’s net profit fell -7.05% since last year same period to $161.4Mn in the Q2 2024. On a quarterly growth basis, Advanced Drainage Systems, Inc. has generated 70.22% jump in its net profits since last 3-months.

Advanced Drainage Systems, Inc.’s net profit margin fell -11.31% since last year same period to 19.8% in the Q2 2024. On a quarterly growth basis, Advanced Drainage Systems, Inc. has generated 36.5% jump in its net profit margins since last 3-months.

Advanced Drainage Systems, Inc.’s price-to-earnings ratio after this Q2 2024 earnings stands at 24.62.

Advanced Drainage Systems, Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.89 - a -9.13% fall from last quarter’s estimates.

Advanced Drainage Systems, Inc.’s earning per share (EPS) estimates for the current year stand at 1.89.

Advanced Drainage Systems, Inc.’s earning per share (EPS) fell -5.5% since last year same period to 2.06 in the Q2 2024. This indicates that the Advanced Drainage Systems, Inc. has generated -5.5% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Advanced Drainage Systems, Inc.’s return on assets (ROA) stands at 0.14.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Advanced Drainage Systems, Inc.’s return on equity (ROE) stands at 0.45.

Advanced Drainage Systems, Inc. declared 0.16 dividend per share during the earnings announcement for Q2 2024.