Advanced Drainage Systems Q1 sales up 4.8%, net income down 6.7%
Advanced Drainage Systems reported fiscal first-quarter 2025 results for the period ended June 30, 2024, with net sales up 4.8% to $815.3 million but net income down 6.7% to $162.3 million. The company confirmed its fiscal 2025 targets and declared a quarterly dividend of $0.16 per share, a 14% increase over the prior year amount. Higher sales alongside lower profit leave the quarter's direction mixed for shareholders.
Key points
- Net sales rose 4.8% to $815.3 million; net income fell 6.7% to $162.3 million
- Diluted EPS was $2.06 versus $2.18 a year earlier, down 5.5%; adjusted EPS was flat at $2.06
- Adjusted EBITDA was $275.5 million, with a margin of 33.8% versus 36.2% a year earlier
- Fiscal 2025 targets confirmed: net sales $2.925 billion to $3.025 billion; Adjusted EBITDA $940 million to $980 million; quarterly dividend $0.16 per share payable September 13, 2024
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 08, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.