Advanced Drainage Systems Inc (WMS)
Gross profit margin
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,094,240 | 1,145,950 | 1,118,410 | 800,384 | 690,082 |
| Revenue | US$ in thousands | 2,904,240 | 2,874,470 | 3,071,120 | 2,769,320 | 1,982,780 |
| Gross profit margin | 37.68% | 39.87% | 36.42% | 28.90% | 34.80% |
March 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,094,240K ÷ $2,904,240K
= 37.68%
Based on the data provided, Advanced Drainage Systems Inc's gross profit margin has shown some variability over the years.
- As of March 31, 2021, the gross profit margin was 34.80%. This indicates that the company retained 34.80% of its revenue after accounting for the cost of goods sold.
- In the following year, March 31, 2022, the gross profit margin decreased to 28.90%, suggesting a decrease in the company's ability to turn revenue into profit.
- However, by March 31, 2023, the gross profit margin improved to 36.42%, indicating a better cost management or potentially higher pricing power.
- The trend continued to March 31, 2024, with a further increase in the gross profit margin to 39.87%, indicating improved efficiency in operations or product pricing.
- As of March 31, 2025, the gross profit margin slightly decreased to 37.68%, but still showing a strong profitability level.
Overall, Advanced Drainage Systems Inc's gross profit margin has shown fluctuations over the years, with some years demonstrating improved profitability while others faced challenges in maintaining margins. It is important for the company to continue monitoring and managing its cost structure and pricing strategies to ensure sustainable profitability.