Advanced Drainage Systems Stock Net Income

WMS Stock  USD 135.29  2.06  1.55%   
Advanced Drainage Systems fundamentals help investors to digest information that contributes to Advanced Drainage's financial success or failures. It also enables traders to predict the movement of Advanced Stock. The fundamental analysis module provides a way to measure Advanced Drainage's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Advanced Drainage stock.
Last ReportedProjected for Next Year
Net Income509.9 M535.4 M
Net Income Applicable To Common Shares583.1 M612.3 M
Net Income From Continuing Ops513.3 M539 M
Net Income Per Share 6.52  6.84 
Net Income Per E B T 0.76  0.52 
At this time, Advanced Drainage's Net Income is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 612.3 M in 2024, whereas Net Income Per E B T is likely to drop 0.52 in 2024.
  
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Advanced Drainage Systems Company Net Income Analysis

Advanced Drainage's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Advanced Drainage Net Income

    
  509.92 M  
Most of Advanced Drainage's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Advanced Drainage Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Advanced Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Advanced Drainage is extremely important. It helps to project a fair market value of Advanced Stock properly, considering its historical fundamentals such as Net Income. Since Advanced Drainage's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Advanced Drainage's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Advanced Drainage's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Advanced Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(31.32 Million)

At this time, Advanced Drainage's Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, Advanced Drainage Systems reported net income of 509.92 M. This is 96.54% higher than that of the Building Products sector and significantly higher than that of the Industrials industry. The net income for all United States stocks is 10.69% higher than that of the company.

Advanced Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Advanced Drainage's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Advanced Drainage could also be used in its relative valuation, which is a method of valuing Advanced Drainage by comparing valuation metrics of similar companies.
Advanced Drainage is currently under evaluation in net income category among its peers.

Advanced Drainage ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Advanced Drainage's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Advanced Drainage's managers, analysts, and investors.
Environmental
Governance
Social

Advanced Drainage Institutional Holders

Institutional Holdings refers to the ownership stake in Advanced Drainage that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Advanced Drainage's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Advanced Drainage's value.
Shares
Ubs Asset Mgmt Americas Inc2024-09-30
1.3 M
Morgan Stanley - Brokerage Accounts2024-09-30
1.2 M
First Trust Advisors L.p.2024-09-30
1.2 M
Geode Capital Management, Llc2024-09-30
1.2 M
William Blair Investment Management, Llc2024-09-30
1.1 M
Canada Pension Plan Investment Board2024-09-30
863.2 K
Dimensional Fund Advisors, Inc.2024-09-30
784.9 K
Norges Bank2024-06-30
697.4 K
Liontrust Investment Partners Llp2024-09-30
644.4 K
Blackrock Inc2024-06-30
7.6 M
Vanguard Group Inc2024-09-30
7.3 M

Advanced Fundamentals

About Advanced Drainage Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Advanced Drainage Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advanced Drainage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advanced Drainage Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Advanced Stock Analysis

When running Advanced Drainage's price analysis, check to measure Advanced Drainage's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Advanced Drainage is operating at the current time. Most of Advanced Drainage's value examination focuses on studying past and present price action to predict the probability of Advanced Drainage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Drainage's price. Additionally, you may evaluate how the addition of Advanced Drainage to your portfolios can decrease your overall portfolio volatility.