Advanced Drainage Systems annual debt-to-equity ratio
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2026
Advanced Drainage Systems Debt-to-Equity Ratio Growth & History (WMS)
Advanced Drainage Systems's debt-to-equity ratio was 0.99 for fiscal 2026.
View full Advanced Drainage Systems company overviewAdvanced Drainage Systems annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 0.99 | 0.01 | +1.42% |
| 2025 | 2025-03-31 | 0.98 | −0.24 | −19.66% |
| 2024 | 2024-03-31 | 1.22 | −0.45 | −27.01% |
| 2023 | 2023-03-31 | 1.67 | 0.55 | +49.16% |
| 2022 | 2022-03-31 | 1.12 | 0.05 | +5.15% |
| 2021 | 2021-03-31 | 1.06 | −1.19 | −52.85% |
| 2020 | 2020-03-31 | 2.26 | 1.43 | +171.88% |
| 2019 | 2019-03-31 | 0.83 | −0.40 | −32.72% |
| 2018 | 2018-03-31 | 1.23 | −0.69 | −35.89% |
| 2017 | 2017-03-31 | 1.93 | −0.34 | −14.90% |
| 2016 | 2016-03-31 | 2.26 | −0.61 | −21.15% |
| 2015 | 2015-03-31 | 2.87 | — | — |
Advanced Drainage Systems quarterly debt-to-equity ratio
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Q1.27
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | 0.99 | 0.13 | +15.14% |
| Q4 2026 | 2026-03-31 | 0.99 | 0.01 | +1.42% |
| Q3 2026 | 2025-12-31 | 0.75 | −0.22 | −22.83% |
| Q2 2026 | 2025-09-30 | 0.78 | −0.22 | −22.00% |
| Q1 2026 | 2025-06-30 | 0.86 | −0.23 | −21.15% |
| Q4 2025 | 2025-03-31 | 0.98 | −0.24 | −19.66% |
| Q3 2025 | 2024-12-31 | 0.97 | −0.26 | −20.91% |
| Q2 2025 | 2024-09-30 | 1.00 | −0.28 | −21.69% |
| Q1 2025 | 2024-06-30 | 1.09 | −0.31 | −22.31% |
| Q4 2024 | 2024-03-31 | 1.22 | −0.45 | −27.01% |
| Q3 2024 | 2023-12-31 | 1.23 | −0.16 | −11.69% |
| Q2 2024 | 2023-09-30 | 1.28 | 0.02 | +1.59% |
| Q1 2024 | 2023-06-30 | 1.40 | 0.07 | +5.27% |
| Q4 2023 | 2023-03-31 | 1.67 | 0.55 | +49.16% |
| Q3 2023 | 2022-12-31 | 1.39 | 0.18 | +14.50% |
| Q2 2023 | 2022-09-30 | 1.26 | −0.12 | −8.66% |
| Q1 2023 | 2022-06-30 | 1.33 | 0.26 | +24.84% |
| Q4 2022 | 2022-03-31 | 1.12 | 0.05 | +5.15% |
| Q3 2022 | 2021-12-31 | 1.21 | 0.12 | +11.16% |
| Q2 2022 | 2021-09-30 | 1.38 | 0.02 | +1.48% |
| Q1 2022 | 2021-06-30 | 1.06 | −0.77 | −42.09% |
| Q4 2021 | 2021-03-31 | 1.06 | −1.19 | −52.85% |
| Q3 2021 | 2020-12-31 | 1.09 | −0.96 | −46.85% |
| Q2 2021 | 2020-09-30 | 1.36 | −0.94 | −40.91% |
| Q1 2021 | 2020-06-30 | 1.84 | 0.09 | +4.87% |
| Q4 2020 | 2020-03-31 | 2.26 | 1.43 | +171.88% |
| Q3 2020 | 2019-12-31 | 2.06 | 1.23 | +148.91% |
| Q2 2020 | 2019-09-30 | 2.31 | 1.33 | +135.93% |
| Q1 2020 | 2019-06-30 | 1.75 | 0.62 | +55.27% |
| Q4 2019 | 2019-03-31 | 0.83 | −0.40 | −32.72% |
| Q3 2019 | 2018-12-31 | 0.83 | −0.38 | −31.53% |
| Q2 2019 | 2018-09-30 | 0.98 | −0.74 | −43.18% |
| Q1 2019 | 2018-06-30 | 1.13 | −0.82 | −42.03% |
| Q4 2018 | 2018-03-31 | 1.23 | −0.69 | −35.89% |
| Q3 2018 | 2017-12-31 | 1.21 | −0.42 | −25.70% |
| Q2 2018 | 2017-09-30 | 1.72 | −0.14 | −7.52% |
| Q1 2018 | 2017-06-30 | 1.94 | −0.23 | −10.53% |
| Q4 2017 | 2017-03-31 | 1.93 | −0.34 | −14.90% |
| Q3 2017 | 2016-12-31 | 1.62 | −0.50 | −23.42% |
| Q2 2017 | 2016-09-30 | 1.86 | −0.88 | −32.18% |
| Q1 2017 | 2016-06-30 | 2.17 | −0.35 | −13.86% |
| Q4 2016 | 2016-03-31 | 2.26 | −0.61 | −21.15% |
| Q3 2016 | 2015-12-31 | 2.12 | 0.13 | +6.59% |
| Q2 2016 | 2015-09-30 | 2.74 | 0.50 | +22.13% |
| Q1 2016 | 2015-06-30 | 2.52 | — | — |
| Q4 2015 | 2015-03-31 | 2.87 | — | — |
| Q3 2015 | 2014-12-31 | 1.99 | — | — |
| Q2 2015 | 2014-09-30 | 2.25 | — | — |
Advanced Drainage Systems debt-to-equity ratio trends
Over the last five fiscal years, Advanced Drainage Systems's debt-to-equity ratio decreased from 1.06 to 0.99, a change of −0.07. The latest reported quarter, Q1 2027, shows 0.99.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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