Increase in Net Sales
Fiscal 2025 concluded with net sales of $2.9 billion, representing a 1% increase over the prior year.
Double-Digit Growth in Key Markets
Significant growth was noted in Florida and Texas, with double-digit increases in various products including pipe and Infiltrator products.
Strong Performance in Water Quality Products
Water quality products, including Cultec retention/detention chambers, experienced double-digit growth.
High Adjusted EBITDA Margin
The company achieved a 30.6% adjusted EBITDA margin, marking the second most profitable year in its history.
Infiltrator's Strong Year
Infiltrator reported $560 million in sales, a 15% increase over the prior year, with organic sales growth driven by double-digit growth in septic tanks and advanced treatment products.
Strategic Diversification and Growth
The company strategically diversified its product mix and focused on higher-margin Allied products, which grew at a 10% CAGR over the period from FY 2016 to FY 2025.
Positive Cash Flow and Dividends
The company generated $581 million of cash from operations during fiscal 2025 and announced a 13% increase in its annual dividend.