EarningsQ1 2027 Earnings Report
MX:WMS Q1 2027 EPS Results
Actual EPS$45.22
Consensus EPS$38.19
Beat/MissBeat by +$7.03
One Year Ago EPS$35.41
MX:WMS Q1 2027 Revenue Results
Actual Revenue$18.18B
Expected Revenue$18.00B
Beat/MissBeat by +$176.49M
YoY Revenue Growth+20.63%
Earnings Announcement Details
QuarterQ1 2027
Date08/06/2026
TimeBefore Open
Conference CallThursday, August 6, 2026
MX:WMS Upcoming Earnings
Advanced Drainage Systems's next earnings date is estimated for October 29, 2026, based on past reporting schedules.
Q1 2027 Earnings Call Audio
MX:WMS Q1 2027 Earnings Call
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Q1 2027 Earnings Slide Deck
Q1 2027 Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted a very strong fiscal first quarter with record revenue, robust adjusted EBITDA and margin expansion, strong free cash flow and successful early integration of the NDS acquisition. Those positives were balanced against clear near-term headwinds from higher procured resin and transportation costs, expected sequential margin pressure in Q2–Q3, and some residential market softness. Management has pricing and recycling levers and expects to offset inflation on a full-year dollar-for-dollar basis, though timing will create short-term cadence and margin volatility.Company Guidance
Record Quarterly Revenue
First quarter revenue exceeded $1.0 billion for the first time, increasing 21% year-over-year.
Strong Organic Growth
Organic revenue (ex-NDS) increased 9% year-over-year; adjusting for ~$25M–$30M of pull-ahead revenue, organic growth was mid-single digits.
Robust Profitability
Adjusted EBITDA rose 29% to $358 million, yielding an adjusted EBITDA margin of 35.8% (up ~230 basis points vs. prior year), one of the company's most profitable quarters.
Excellent Cash Generation and Financial Flexibility
Free cash flow was $203 million in the quarter; net leverage ended at ~1.5x (below the 2.0x target) and available liquidity was approximately $901 million.
Segment Outperformance — Stormwater and Wastewater
Stormwater revenue increased 24% to $809 million (organic Stormwater +10%); Wastewater revenue increased 8%, driven by double-digit growth in tanks and residential advanced treatment.
NDS Acquisition Performing Well
NDS contributed ~$95 million of sales in the quarter, delivered year-over-year growth, and management reports positive integration progress and cross-sell opportunities.
Recycling & Sustainability Progress
Accelerated use of recycled materials beginning in February; Cordele, GA recycling expansion nearing completion to produce finished materials and expected to materially contribute to cost mitigation (full capacity next fiscal year).
Product & Commercial Execution
Allied Products Stormwater storage grew 18%; continued new product introductions (e.g., Infiltrator Edge), partnerships, distributor programs and digital design tools helped win business and drive conversion.
MX:WMS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed