WMS — Advanced Drainage Systems Income Statement

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Annual income statement for Advanced Drainage Systems, fiscal year end - March 31st, USD millions except per share, conversion factor applied.

	2021 March 31st	2022 March 31st	2023 March 31st	2024 March 31st	2025 March 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	1,983	2,769	3,071	2,874	2,904
Cost of Revenue
Gross Profit	690	800	1,118	1,146	1,094
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Total Operating Expenses	1,638	2,357	2,352	2,142	2,247
Operating Profit	345	412	719	732	657
Total Net Non Operating Interest Income / Expense
Net Income Before Taxes	312	384	657	667	589
Provision for Income Taxes
Net Income After Taxes	226	273	507	508	448
Minority Interest
Equity in Affiliates
Net Income Before Extraordinary Items
Net Income	224	271	507	510	450
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	185	230	507	510	450
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	2.69	3.22	6.16	6.41	5.89
Dividends per Share