Quarterly ResultMay 21, 2026, 07:12 AM
Advanced Drainage Systems Q4 Net Sales +9.9% to $676.8M; FY26 Sales +5%; Dividend +11%
AI Summary
Advanced Drainage Systems reported Q4 Fiscal 2026 net sales increased 9.9% to $676.8 million, driven by strong Allied products growth and the NDS acquisition, which contributed $48.8 million. For the full fiscal year 2026, net sales rose 5.0% to $3.05 billion, with Adjusted EBITDA up 8.3% to $962.9 million. The Board also approved an 11% increase in the annual cash dividend to $0.80 per share, with a quarterly payment of $0.20 per share, while Q4 GAAP net income decreased due to acquisition-related and restructuring costs.
Key Highlights
- Q4 Fiscal 2026 net sales increased 9.9% to $676.8 million; organic sales grew 2.0%.
- Fiscal Year 2026 net sales increased 5.0% to $3.05 billion.
- Fiscal Year 2026 Adjusted EBITDA rose 8.3% to $962.9 million.
- Board approved an 11% increase in annual cash dividend to $0.80 per share ($0.20 quarterly).
- NDS acquisition contributed $48.8 million to Q4 revenue.
- Q4 net income from continuing operations decreased 54.1% to $35.2 million, or $0.43 diluted EPS.
- Fiscal Year 2027 net sales guidance: $3.35 billion to $3.55 billion.
- Fiscal Year 2027 Adjusted EBITDA guidance: $1.0 billion to $1.05 billion.
Price Impact
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