Advanced Drainage Systems, Inc. · NYSE:WMS
Advanced Drainage Systems — Q1 FY2027 Earnings Presentation
13 slides from Advanced Drainage Systems's earnings presentation, Aug 6, 2026
Slide 1: Q1 Fiscal 2027 Financial Results
Q1 Fiscal 2027 Financial Results August 6, 2026
Slide 2: Management Presenters
Management Presenters 2 Scott Barbour President and Chief Executive Officer Scott Cottrill Executive Vice President, Chief Financial Officer Craig Taylor President, Infiltrator Water Technologies Mike Higgins Vice President, Corporate Strategy & Investor Relations
Slide 3: Forward Looking Statements and Non-GAAP Financial Metrics
Forward Looking Statements and Non - GAAP Financial Metrics 3 Forward Looking Statements Certain statements in this press release may be deemed to be forward - looking statements. These statements are not historical fac ts but rather are based on the Company’s current expectations, estimates and pro
Slide 4: CEO Highlights
CEO Highlights 4 $652 $178 $809 $192 Stormwater Wastewater Q1 FY26 Q1 FY27 Sales +24% +8% • Stormwater revenue includes $95 million from NDS acquisition. • Stormwater organic revenue +10%, with 12% organic growth in Allied products and 9% growth in pipe products. • Wastewater revenue driven by growt
Slide 5: Q1 Fiscal 2027 Financial Performance
Q1 FY26 Volume Price / Mix, Materials Mfg / Trans SG&A and Other Q1 FY27 Q1 Fiscal 2027 Financial Performance 5 35.8% 33.5% Q1 FY27 Q1 FY26 $1,001 $830 Q1 FY27 Q1 FY26 +230 bps (USD, in millions)+21% Domestic Markets + Construction +20% + Non - Residential +16% + Residential +29% + Infrastructure +7
Slide 6: Free Cash Flow and Capital Structure
Free Cash Flow and Capital Structure 6 FY 2027 FY 2026 ∆ Consolidated Adjusted EBITDA $358 $278 $80 Working capital (2) (53) (8) (45) Cash tax (1) (1) 0 Cash interest – paid (11) (10) (1) Cash interest – received 1 5 (4) Transaction costs (3) (3) (1) (2) Other (31) 12 (43) Consolidated cash flow fro
Slide 7: Fiscal Year 2027 Guidance
Fiscal Year 2027 Guidance 7 Key Metric FY 2026 FY 2027 Y - o- Y Change Net Sales (in Millions) $3,050 $3,350 - $3,550 +10% to +16% Adj. EBITDA (in Millions) $963 $1,000 - $1,050 +4% to +9% Adj. EBITDA Margin 31.6% 29.6% - 29.9% (170) to (200) bps Fiscal 2027 Expectations
Slide 8: Q&A
Q&A
Slide 9: Appendix
Appendix /IBDS
Slide 10: Fiscal 2027 Market Expectations
Fiscal 2027 Market Expectations 10 End Market Assumption Commentary Non - Residential Flat to up low - single digits • Economic/geopolitical uncertainty weighing on market, though market is fairly stable overall • Large project activity still going well Residential Down mid - to high - single digits
Slide 11: Reconciliations
Reconciliations 11 a.) Other segment items include depreciation, amortization recorded within cost of goods sold, stock - based compensation expense, inventory step - up costs, restructuring and realignment expense, and transaction costs. b.) The Company calculates Segment Adjusted EBITDA as net inc
Slide 12: Reconciliations
Reconciliations 12 (Amount in thousands) Net Sales: Stormwater Wastewater Intersegment Eliminations Total Net sales from external customers $ 651,527 $ 178,353 $ - $ 829,880 Intersegment net sales 9,076 16,609 (25,685) - Net Sales 660,603 194,962 (25,685) 829,880 Significant segment expenses: Cost o
Slide 13: Reconciliations
13 Reconciliations a.) Includes costs associated with closure of one distribution yard, as well as professional fees incurred in connection with su pporting enterprise - wide restructuring and realignment initiatives. Excludes gain on sale of properties previously held - for- sale and equipment. b.)
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