With a market capitalization (market cap) of $11.04B — a measure of how much the company is worth — Advanced Drainage Systems, Inc. is the 906th most valuable company in Basic Materials as of August 18, 2026. Shares trade at $144.10, down +2.62% on the day.
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Advanced Drainage Systems, Inc., established in Hilliard, Ohio in 1966, is a leading provider of innovative water management solutions. The company specializes in the design, manufacturing, and global distribution of thermoplastic corrugated pipes and related drainage products, primarily targeting the underground construction and infrastructure sectors across the United States, Canada, Mexico, and other international territories. Its operations are structured across four key segments: Pipe, International, Infiltrator, and Allied Products & Other. ADS offers a wide array of products, including single, double, and triple-wall corrugated pipes made from polypropylene and polyethylene. Beyond basic piping, their extensive catalog features sophisticated water management systems such as plastic leachfield chambers, EZflow synthetic aggregate bundles, advanced mechanical aeration wastewater solutions, septic tanks and accessories, and integrated treatment and dispersal units. Furthermore, the company supplies allied products like storm retention, detention, and septic chambers, polyvinyl chloride drainage structures, various fittings, and water quality filters and separators. ADS also distributes construction fabrics and other geosynthetic materials vital for soil stabilization, reinforcement, filtration, erosion control, and sub-surface drainage, alongside drainage grates. These products cater to a broad spectrum of applications, including residential, non-residential, agricultural, and large-scale infrastructure projects, supported by approximately 38 distribution centers.
Visit websiteAs of August 18, 2026, Advanced Drainage Systems, Inc. (WMS) is worth $11.04B — this is its market capitalization, the total value of all its outstanding shares.
Advanced Drainage Systems, Inc.’s market cap is $11.04B, which ranks it #906 among the most valuable companies in the Basic Materials sector tracked on MarketCapLens.
Advanced Drainage Systems, Inc. (WMS) shares trade at $144.10, down 2.62% on the day, as of August 18, 2026.
Fundamentals are annual. Figures labeled with their fiscal year.
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Advanced Drainage Systems, Inc. trades at a price-to-earnings (P/E) ratio of 26.3, based on its latest share price and annual earnings per share.