Advanced Drainage Systems Inc (WMS)
Profitability ratios
Return on sales
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 39.72% | 39.14% | 37.98% | 37.23% | 36.41% | 34.65% | 33.53% | 31.54% | 28.87% | 29.11% | 30.25% | 32.80% | 34.88% | 35.23% | 34.54% | 32.13% | 18.93% | 16.98% | 14.43% | 11.71% |
| Operating profit margin | 25.38% | 25.33% | 24.38% | 24.18% | 23.42% | 21.51% | 20.67% | 18.38% | 14.86% | 14.37% | 14.61% | 16.18% | 17.41% | 16.70% | 15.24% | 12.02% | -5.70% | -6.06% | -7.44% | -8.65% |
| Pretax margin | 23.19% | 22.99% | 22.07% | 21.84% | 21.41% | 19.91% | 19.36% | 17.28% | 13.76% | 13.18% | 13.26% | 14.72% | 15.70% | 14.55% | 12.71% | 6.94% | -10.71% | -10.84% | -11.98% | -10.12% |
| Net profit margin | 17.68% | 17.57% | 16.78% | 16.74% | 16.51% | 14.91% | 14.37% | 12.68% | 9.79% | 9.66% | 9.76% | 10.73% | 11.33% | 10.85% | 9.72% | 5.87% | -11.55% | -12.36% | -13.48% | -12.82% |
Advanced Drainage Systems Inc has shown a consistent improvement in its profitability ratios over the analyzed periods. The gross profit margin has been gradually increasing, indicating the company's ability to control its cost of goods sold and generate a higher margin on sales.
Similarly, the operating profit margin has also seen a positive trend, reflecting efficient cost management and operational performance. The company has been able to enhance its operating efficiency and profitability over time.
The pretax margin, which signifies the company's profitability before accounting for taxes, has shown a steady improvement. This demonstrates Advanced Drainage Systems Inc's ability to generate higher earnings relative to its total revenue.
The net profit margin, representing the company's profitability after all expenses, including taxes, has also exhibited a positive trajectory. This suggests that the company is effectively managing its expenses and generating stronger bottom-line profits.
Overall, Advanced Drainage Systems Inc's profitability ratios indicate an improving financial performance and efficiency in its operations, reflecting positively on its ability to generate profits for its investors.
Return on investment
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 22.40% | 22.85% | 22.10% | 23.39% | 24.79% | 22.44% | 20.78% | 17.18% | 15.55% | 14.24% | 13.43% | 14.01% | 14.27% | 13.59% | 11.65% | 8.78% | -4.02% | -4.24% | -4.86% | -11.42% |
| Return on assets (ROA) | 15.60% | 15.84% | 15.21% | 16.19% | 17.48% | 15.55% | 14.45% | 11.86% | 10.24% | 9.58% | 8.97% | 9.28% | 9.29% | 8.83% | 7.43% | 4.29% | -8.15% | -8.65% | -8.80% | -16.93% |
| Return on total capital | 30.34% | 30.87% | 30.24% | 32.25% | 34.36% | 30.48% | 28.54% | 24.43% | 22.86% | 21.03% | 21.09% | 22.05% | 21.51% | 20.46% | 17.47% | 12.93% | -5.90% | -6.27% | -7.24% | -28.41% |
| Return on equity (ROE) | 44.21% | 46.45% | 46.37% | 52.25% | 61.53% | 49.68% | 44.22% | 38.64% | 30.38% | 30.62% | 32.35% | 29.02% | 27.35% | 26.78% | 25.31% | 17.21% | -36.74% | -36.59% | -40.54% | -90.83% |
Advanced Drainage Systems Inc has shown consistent improvement in its profitability ratios over the past quarters. The Operating Return on Assets (Operating ROA) has increased steadily, indicating efficient management of assets to generate operating income, reaching a high of 24.79% in the first quarter of 2023.
The Return on Assets (ROA) has also demonstrated a positive trend, reflecting the company's ability to generate profits from its assets, with a peak of 17.48% in the first quarter of 2023.
Return on Total Capital has shown an increasing trend as well, highlighting the company's ability to utilize both debt and equity to generate returns, with a peak of 34.36% in the first quarter of 2023.
Return on Equity (ROE) has shown a consistent upward trajectory, indicating strong returns to shareholders, reaching a high of 61.53% in the first quarter of 2023.
Overall, the profitability ratios of Advanced Drainage Systems Inc have improved significantly over the quarters, suggesting efficient management and strong performance in generating returns for both shareholders and the overall capital employed.