Advanced Drainage Systems, Inc., established in Hilliard, Ohio in 1966, is a leading provider of innovative water management solutions. The company specializes ...
Advanced Drainage Systems, Inc. (NYSE: WMS) is a premier water management solutions company headquartered in Hilliard, Ohio. Founded in 1966 by engineers Ron Martin and Marty Sixt, the company has grown into an industry leader with a global footprint. ADS designs, manufactures, and markets a comprehensive range of thermoplastic corrugated pipes made from polypropylene and polyethylene, along with a wide array of drainage and stormwater management products. Their product portfolio includes single, double, and triple-wall pipes, plastic leachfield chambers, synthetic aggregate bundles, mechanical aeration wastewater solutions, septic tanks, and integrated treatment systems. They also supply allied products such as PVC drainage structures, fittings, water quality filters, separators, and geosynthetic materials for soil stabilization and erosion control. The company operates through four key business segments: Pipe, International, Infiltrator, and Allied Products & Other, with a network of 63 manufacturing plants and 38 distribution centers. ADS serves diverse end markets including residential, non-residential, agricultural, and infrastructure projects. Financially, ADS demonstrates robust performance with a market capitalization over $11 billion, a gross profit margin of 37.6%, and a net profit margin of 14%. The company's return on equity is 30.5%, reflecting strong profitability. Led by CEO D. Scott Barbour, who has served since 2017, ADS emphasizes innovation and sustainability, aiming to provide clean water management solutions to communities. With a workforce of over 6,400 employees, the company fosters an inclusive culture and focuses on operational excellence. As a publicly traded company since July 2014, ADS continues to expand its global reach and enhance shareholder value through strategic initiatives and responsible growth.
