Company / Gross Margin
Advanced Drainage Systems Gross Margin History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
38.3%
FY2025
5-year range
36.4% / 39.9%
FY2021-FY2025
Trend
+1.6%
vs FY2024
Sector context
#57 of 186
Industrials
What the data says
At 38.3%, Advanced Drainage Systems's gross margin ranks #57 of 186 in the Industrials sector. Gross Margin has fluctuated over the past 9 years, ranging from 18.9% in FY2019 to 39.9% in FY2023.
Based on SEC 10-K filings.
38.3% in FY2025 with a 5-year CAGR of +3.5%.
Declined from 39.9% to 38.3% over the past 2 years.
Industrials sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +1.8pp
- 5-Year Change
- +3.5pp
- 10-Year Change
- -
Sector benchmark
#57 of 186 in IndustrialsTop 31% of 186This company 38.3% Sector average 28.8%
▼
+33.0% above sector average
Key checks
Key Insights
- In FY2025, gross margin increased 1.6% year-over-year.
- Currently 9.5pp above the Industrials sector average.
- Peak gross margin was recorded in FY2023.
- Lowest gross margin in the period was in FY2019.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 0.76 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | - | - |
| FY2025 | 38.3% | +1.6% |
| FY2024 | 37.7% | -5.5% |
| FY2023 | 39.9% | +9.5% |
| FY2022 | 36.4% | +26.0% |
| FY2021 | 28.9% | -17.0% |
| FY2020 | 34.8% | +84.0% |
| FY2019 | 18.9% | -19.9% |
| FY2018 | 23.6% | +3.8% |
| FY2017 | 22.7% | -3.4% |
As of FY2025 · SEC 10-K · Updated Jul 1, 2026