WMS Advanced Drainage Systems Inc
Advanced Drainage Systems, Inc. engages in the manufacture of thermoplastic corrugated pipe which provides suite of water management products and drainage solutions for use in the construction and infrastructure marketplace. It operates through the Domestic and International segments. The Domestic segment focuses on the manufacture and sale of products throughout the United States. The International segment concerns the manufacture and sale of products in regions outside of the United States. The firm's products include corrugated high density polyethylene pipe, polypropylene pipe and related water management products. The company was founded in 1966 and is headquartered in Hilliard, OH.
Company profile
Ticker
WMS
Exchange
Website
CEO
D. Scott Barbour
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
WMS stock data
()
Calendar
5 Nov 20
22 Jan 21
31 Mar 21
News
Financial summary
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| Annual (USD) | Mar 20 | Mar 19 | Mar 18 | Mar 17 | |
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Financial data from company earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 203.88M | 203.88M | 203.88M | 203.88M | 203.88M | 203.88M |
| Cash burn (monthly) | 10.44M | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) |
| Cash used (since last report) | 39.13M | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 164.75M | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 15.8 | n/a | n/a | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 10 Dec 20 | Jones Ross M | Common Stock | Sell | Dispose S | No | 75 | 18,529 | 1.39M | 116,313 |
| 10 Dec 20 | Jones Ross M | Common Stock | Sell | Dispose S | No | 75 | 22,598 | 1.69M | 120,759 |
| 10 Dec 20 | Jones Ross M | Common Stock | Sell | Dispose S | No | 75 | 1,628,873 | 122.17M | 10,598,280 |
| 10 Dec 20 | Berkshire Partners | Common Stock | Sell | Dispose S | No | 75 | 18,529 | 1.39M | 116,313 |
| 10 Dec 20 | Berkshire Partners | Common Stock | Sell | Dispose S | No | 75 | 22,598 | 1.69M | 120,759 |
| 10 Dec 20 | Berkshire Partners | Common Stock | Sell | Dispose S | No | 75 | 1,628,873 | 122.17M | 10,598,280 |
| 1 Dec 20 | Makowski Tim A | Common Stock | Sell | Dispose S | No | 70.8539 | 4,000 | 283.42K | 5,074 |
| 1 Dec 20 | Makowski Tim A | Common Stock | Option exercise | Aquire M | No | 24.2 | 1,073 | 25.97K | 9,074 |
| 1 Dec 20 | Makowski Tim A | Common Stock | Option exercise | Aquire M | No | 24.2 | 2,927 | 70.83K | 8,001 |
| 1 Dec 20 | Makowski Tim A | Option to Purchase Common Stock Common Stock | Option exercise | Dispose M | No | 24.2 | 1,073 | 25.97K | 8,315 |
Institutional ownership Q3 2020
84.2% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 207 |
| Opened positions | 43 |
| Closed positions | 14 |
| Increased positions | 82 |
| Reduced positions | 60 |
13F shares |
Current |
|---|---|
| Total value | 4.71B |
| Total shares | 59.36M |
| Total puts | 24.2K |
| Total calls | 64.3K |
| Total put/call ratio | 0.4 |
Largest owners |
Shares | Value |
|---|---|---|
| Berkshire Partners | 8.76M | $546.81M |
| Wellington Management | 4.17M | $260.55M |
| BLK Blackrock | 4.13M | $257.63M |
| Vanguard | 4.1M | $255.82M |
| Stockbridge Partners | 4.08M | $254.96M |
| IPXAF Impax Asset Management | 2.97M | $185.01M |
| JPM JPMorgan Chase & Co. | 2.11M | $128.57M |
| IVZ Invesco | 1.8M | $112.68M |
| Westfield Capital Management | 1.74M | $108.51M |
| Pictet Asset Management | 1.6M | $99.6M |
Content analysis
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| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
8th grade Avg
|
|
New words:
forecasted, inflationary, Prime
Removed:
construed, finalize, inference, organic, plant, prepaid, reduction, represented, statement, supplementally, unaffected, unusual
Financial reports
10-Q
2021 Q2
Quarterly report
5 Nov 20
10-Q
2021 Q1
Quarterly report
6 Aug 20
10-K
2020 FY
Annual report
1 Jun 20
10-Q
2020 Q3
Quarterly report
6 Feb 20
10-Q
2020 Q2
Quarterly report
12 Nov 19
10-Q
2020 Q1
Quarterly report
1 Aug 19
10-K
2019 FY
Annual report
30 May 19
10-Q
2019 Q3
Quarterly report
7 Feb 19
10-Q
2019 Q2
Quarterly report
8 Nov 18
10-Q
2019 Q1
Quarterly report
9 Aug 18
Current reports
8-K
Advanced Drainage Systems Announces Second Quarter Fiscal 2021 Results
5 Nov 20
8-K
Advanced Drainage Systems Announces First Quarter Fiscal 2021 Results
6 Aug 20
8-K
Advanced Drainage Systems Elects Anesa T. Chaibi to Board of Directors
24 Jul 20
8-K
Advanced Drainage Systems Elects Anesa T. Chaibi to Board of Directors
24 Jul 20
8-K
Departure of Directors or Certain Officers
27 May 20
8-K
Advanced Drainage Systems Announces Fourth Quarter Fiscal 2020 Results
21 May 20
8-K
Advanced Drainage Systems Provides Business Update
16 Apr 20
8-K
Advanced Drainage Systems Announces Third Quarter Fiscal 2020 Results
6 Feb 20
8-K
Advanced Drainage Systems Announces Second Quarter Fiscal 2020 Results
7 Nov 19
8-K
Entry into a Material Definitive Agreement
30 Sep 19
Registration and prospectus
424B2
Prospectus for primary offering
9 Sep 19
424B5
Prospectus supplement for primary offering
3 Sep 19
S-3
Shelf registration
1 Aug 19
S-8
Registration of securities for employees
3 Aug 17
424B4
Prospectus supplement with pricing info
4 Dec 14
FWP
Free writing prospectus
3 Dec 14
S-1/A
IPO registration (amended)
1 Dec 14
S-1
IPO registration
17 Nov 14
S-8
Registration of securities for employees
30 Jul 14
424B4
Prospectus supplement with pricing info
28 Jul 14
Proxies
DEFA14A
Additional proxy soliciting materials
15 Jun 20
DEFA14A
Additional proxy soliciting materials
11 Jun 20
DEF 14A
Definitive proxy
11 Jun 20
PRE 14A
Preliminary proxy
1 Jun 20
DEFA14A
Additional proxy soliciting materials
11 Jun 19
DEF 14A
Definitive proxy
11 Jun 19
DEFA14A
Additional proxy soliciting materials
8 Jun 18
DEF 14A
Definitive proxy
8 Jun 18
DEFA14A
Additional proxy soliciting materials
30 Jun 17
DEF 14A
Definitive proxy
6 Jun 17
Other
EFFECT
Notice of effectiveness
15 Aug 19
CORRESP
Correspondence with SEC
12 Aug 19
UPLOAD
Letter from SEC
12 Aug 19
CORRESP
Correspondence with SEC
24 Apr 18
UPLOAD
Letter from SEC
24 Apr 18
UPLOAD
Letter from SEC
3 Apr 17
CORRESP
Correspondence with SEC
29 Mar 17
UPLOAD
Letter from SEC
15 Mar 17
EFFECT
Notice of effectiveness
3 Dec 14
EFFECT
Notice of effectiveness
24 Jul 14
Ownership
4
Change in insider ownership
14 Dec 20
4
ADVANCED DRAINAGE SYSTEMS / ROSS M JONES ownership change
14 Dec 20
SC 13D/A
ADVANCED DRAINAGE SYSTEMS / Berkshire Partners ownership change
14 Dec 20
4
ADVANCED DRAINAGE SYSTEMS / TIM A MAKOWSKI ownership change
3 Dec 20
4
ADVANCED DRAINAGE SYSTEMS / ROSS M JONES ownership change
18 Nov 20
4
Change in insider ownership
18 Nov 20
4
Change in insider ownership
14 Nov 20
4
ADVANCED DRAINAGE SYSTEMS / ROSS M JONES ownership change
14 Nov 20
4
ADVANCED DRAINAGE SYSTEMS / Mark Haney ownership change
12 Nov 20
4
ADVANCED DRAINAGE SYSTEMS / Scott A Cottrill ownership change
12 Nov 20
Patents
GRANT
Utility
Systems and methods for stormwater management
5 Jan 21
A fluid management system including an inlet configured to receive pre-processed fluid is provided.
APP
Utility
Safety grating for riser of a septic tank
10 Dec 20
A safety grating has an arch shape cross section and is useful within a riser having a frusto-conical shape wall which riser is attached to a septic tank or another structure.
GRANT
Utility
Method for connecting piping pieces
17 Nov 20
A method for connecting piping includes securing a first piping portion to a base.
APP
Utility
Systems, Apparatus, and Methods for Maintenance of Stormwater Management Systems
12 Nov 20
Stormwater management systems, methods, and apparatuses for containing and filtering runoff may be provided.
APP
Utility
Systems, Apparatus, and Methods for Maintenance of Stormwater Management Systems
12 Nov 20
Stormwater management systems, methods, and apparatuses for containing and filtering runoff may be provided.