Advanced Drainage Systems
Ohio, United States · Agriculture and Farming, Building Material, Construction
Advanced Drainage Systems is a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries, providing superior drainage solutions for use in the construction and agriculture marketplace. For over 50 years, the Company has been manufacturing a variety of innovative and environmentally friendly alternatives to traditional materials. Its innova
Key facts
- Headquarters
- Ohio, United States
- Employees
- 6,500
- Industries
- Agriculture and Farming, Building Material, Construction
- Status
- Public (WMS)
- Website
- www.adspipe.com
- Company page
Recent activity at Advanced Drainage Systems
- : Advanced Drainage Systems acquires StormTrap LLC
- : SEC 8-K (1.01): On October 1, 2026, Advanced Drainage Systems, Inc. entered into a Securities Purchase Agreement with StormTrap Investors, L.L.C. to acquire all outstanding equity interests of StormTrap Investments, L.L.C. and its direct subsidiaries. The total consideration for this acquisition is approximately $530 million, which adjusts to about $450 million when accounting for tax benefits. This strategic acquisition positions the Company to enhance its offerings in the stormwater solutions industry, leveraging StormTrap's expertise in engineered stormwater management systems. Closing of the transaction is subject to customary conditions as stated in the Purchase Agreement.
- : Advanced Drainage Systems acquires NDS for growth
- : SEC 8-K (8.01): On August 6, 2026, Advanced Drainage Systems, Inc. announced the declaration of a cash dividend of $0.20 per share during a Board of Directors meeting. The dividend is set to be paid on September 15, 2026, to stockholders who are on record as of the close of business on September 1, 2026. This declaration signals the company's commitment to returning value to its shareholders and is part of its financial strategy for fostering shareholder confidence.
- : SEC 8-K (5.07): On July 16, 2026, Advanced Drainage Systems, Inc. held its 2026 Annual Meeting of Stockholders via webcast. During the meeting, stockholders voted on the election of nine directors to serve for a one-year term until the 2027 annual meeting. The directors elected include D. Scott Barbour, Anesa T. Chaibi, and Michael B. Coleman among others. The meeting allowed for live participation and voting by stockholders, indicating active engagement in corporate governance. This event is significant for corporate management changes as the board is responsible for overseeing the company’s strategic direction.
- : SEC 8-K (7.01): On June 18, 2026, Advanced Drainage Systems, Inc. hosted an Investor Day conference in Hilliard, Ohio. This event was previously announced and included a live webcast available on the Company’s investor relations website. A replay of the conference will also be offered, and the presentation slides used during the event are attached as Exhibit 99.1. The information shared is not deemed 'filed' under the Exchange Act, indicating a regulatory compliance measure for investor disclosures. This conference aims to strengthen the company’s engagement with investors and enhance transparency regarding its financial performance and strategic initiatives.
- : SEC 8-K (7.01):
- : SEC 8-K (8.01): On May 21, 2026, Advanced Drainage Systems, Inc. announced the declaration of a cash dividend of $0.20 per share approved by its Board of Directors. This dividend is set to be paid on June 15, 2026, to stockholders of record on June 1, 2026. This strategic financial decision is intended to enhance shareholder value and reflects the company's ongoing commitment to return capital to its investors. The announcement was made through a press release attached as Exhibit 99.3.
- : SEC 8-K (1.01): On February 27, 2026, Advanced Drainage Systems, Inc. entered into a material definitive agreement by issuing $500 million in senior notes due 2034 with an interest rate of 5.375%. The notes were structured under an Indenture with U.S. Bank Trust Company as Trustee and guaranteed by the company's wholly owned subsidiaries. The proceeds will be used to refinance existing debt and for general corporate purposes. Important terms include redemption options and events of default outlined in the Indenture, highlighting the strategic financial maneuvers of the Company amidst its credit facilities.
- : SEC 8-K (7.01): On February 12, 2026, Advanced Drainage Systems, Inc. announced plans to commence a private offering of up to $500 million aggregate principal amount of senior unsecured notes due 2034. This planned offering is subject to market and other conditions, indicating a strategic move to raise capital for the company's future investments. The details of the offering and any conditions associated with it are outlined in the attached press release, which is not to be considered an offer or solicitation. The announcement is significant as it reflects the company's intentions for financial growth and resource allocation.
Leadership
- Tim Makowski, Vice President
- James Kline, Chief Information Officer
Verified email and direct lines for Advanced Drainage Systems’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
Advanced Drainage Systems files 11 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
Advanced Drainage Systems in the news
- Advanced Drainage Systems to Announce Second Quarter Fiscal Year 2027 Results on November 5, 2026 - Business Wire (Oct 15, 2026)
- Advanced Drainage Systems Announces Fourth Quarter and Fiscal Year 2026 Results Conference Call and 2026 Investor Day - Business Wire (Apr 21, 2026)
- Advanced Drainage Systems Releases Fiscal Year 2022 Sustainability Report - PR Newswire (Aug 01, 2022)
- Advanced Drainage Systems Announces First Quarter Fiscal 2027 Results - Business Wire (Aug 06, 2026)
- Advanced Drainage Systems Releases 2026 Sustainability Report - Business Wire (Sep 14, 2026)
- Advanced Drainage Systems Announces Acquisition of National Diversified Sales, a Subsidiary of Norma Group Se - Business Wire (Sep 23, 2025)
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About Advanced Drainage Systems: questions and answers
What does Advanced Drainage Systems do?
Advanced Drainage Systems is a leading provider of innovative water management solutions in the stormwater and on-site septic wastewater industries, providing superior drainage solutions for use in the construction and agriculture marketplace. For over 50 years, the Company has been manufacturing a variety of innovative and environmentally friendly alternatives to traditional materials. Its innova
Where is Advanced Drainage Systems headquartered?
Advanced Drainage Systems is headquartered in Ohio, United States.
How many employees does Advanced Drainage Systems have?
Advanced Drainage Systems has about 6,500 employees.
Who leads Advanced Drainage Systems?
Tim Makowski is a Vice President at Advanced Drainage Systems.
What is the latest news on Advanced Drainage Systems?
On Oct 05, 2026, Advanced Drainage Systems acquires StormTrap LLC
Is Advanced Drainage Systems a public company?
Yes. Advanced Drainage Systems is publicly traded under the ticker WMS.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy