Advanced Drainage Systems

Advanced Drainage Systems reported fiscal Q1 net sales of $1.0 billion, up 21% year‑over‑year, and adjusted EBITDA of $358 million with a 35.8% margin. Organic revenue rose 9% and the acquired NDS business contributed $95 million, though $25–30 million of sales were pulled into the quarter ahead of price increases. Management kept fiscal 2027 guidance of $3.35–3.55 billion in sales and $1.0–1.05 billion in adjusted EBITDA, but cautioned that rising resin and transportation costs will pressure second‑quarter margins. The company is expanding recycling capacity, expects mid‑single‑digit organic growth for the year, and returned capital via share repurchases and dividends. » More on finance.yahoo.com

The board of directors of Advanced Drainage Systems has declared a quarterly cash dividend of $0.20 per share, an 11% increase year over year. The dividend will be paid on September 15, 2026 to shareholders of record at the close of business on September 1, 2026. CEO Scott Barbour cited the company’s strong balance sheet, cash generation and its commitment to returning capital to shareholders as reasons for the decision. » More on de.investing.com

Advanced Drainage Systems has reorganized its reportable segments following the acquisition of NDS, replacing the former Infiltrator segment with the segments "Stormwater" and "Wastewater." At the same time, the company changed the profitability metric for segments from adjusted gross profit to adjusted EBITDA; historical segment results for 2024–2026 were adjusted accordingly. The realignment has no impact on consolidated net sales, operating income, net income attributable to shareholders, or earnings per share, and the updated segment data are unaudited and available in the 8‑K attachment. The company also reported strong Q4 2026 results (EPS $1.07 vs. $0.95 expected; revenue $677m vs. $652m expected), despite a premarket share price decline. » More on de.investing.com