Advanced Drainage Systems, Inc. is a leading manufacturer of innovative water management solutions serving various markets including residential, non-residential, infrastructure, and agriculture.

# Advanced Drainage Systems, Inc. - Company Overview

## Business Description
Advanced Drainage Systems, Inc. (ADS) is a leading manufacturer of innovative water management solutions in the stormwater and onsite septic wastewater industries. The company designs, manufactures, and markets superior drainage solutions for various applications in construction and agriculture marketplaces. 

### Key Business Areas
- **Product Offering**: ADS specializes in high-performance thermoplastic corrugated pipes, leachfield chambers, septic tanks, and various water management products. Their offerings span four key lifecycle stages: Capture, Conveyance, Storage, and Treatment of stormwater.
- **Target Markets**: The company's products are utilized across several markets, including:
  - Residential
  - Non-residential
  - Infrastructure
  - Agriculture

## Operations and Performance
- **Customers**: ADS has approximately **16,000 customers**, including distributors, retailers, and buying groups.
- **Employees**: As of March 31, 2025, the company employed **6,000 personnel** globally:
  - 5,330 in the United States
  - 345 in Canada
  - 325 in other regions
- **Revenue**: For the fiscal year ended March 31, 2025, ADS reported **net sales** of **$2.9 billion**, representing a 1.0% increase from the previous year.
- **Net Income**: The company's **net income** for the same fiscal year was **$452.6 million**, a decrease of 11.8% compared to the prior year.

### Revenue Breakdown by Segment (Fiscal 2025)
- **Pipe**: $1.5 billion (51.8% of total revenue)
- **Infiltrator**: $516.3 million (17.8% of total revenue)
- **International Sales**: $194.6 million (6.7% of total revenue)
- **Allied Products & Other**: $689.9 million (23.8% of total revenue)

## Competitive Advantage
- **Innovation and Engineering**: ADS is recognized for its engineering excellence, with numerous industry awards including several from organizations such as the American Society of Testing & Materials (ASTM).
- **Sustainability Focus**: The company emphasizes sustainability by integrating recycled materials into their products and maintaining environmentally responsible manufacturing processes.

## Manufacturing and Distribution
- **Facilities**: ADS operates **63 manufacturing plants** and **39 distribution centers** across the United States, Canada, and other regions. The company has a substantial domestic manufacturing capacity over 1 billion pounds of pipe annually.
- **Logistics**: An in-house fleet of approximately **600 tractors** facilitates the distribution of products to customers, enhancing service efficiency.

## Conclusion
With a robust customer base, diverse product offerings spanning various markets, significant revenue, and a commitment to innovation and sustainability, Advanced Drainage Systems, Inc. maintains a leading position in the water management solutions industry.

Advanced Drainage Systems, Inc. is a leader in water management solutions, providing innovative drainage products for the construction and agricultural sectors.

# Advanced Drainage Systems, Inc. (ADS) Overview

## Company Profile
**Name:** Advanced Drainage Systems, Inc. (ADS)  
**Founded:** 1966  
**Headquarters:** Hilliard, Ohio  
**Number of Employees:** Approximately 5,705 as of March 31, 2024  
**Industry:** Water management solutions for stormwater and onsite septic wastewater industries  
**Revenue:** Approximately $1.23 billion (FY 2024)**  
**Net Income:** Approximately $200 million (FY 2024)**  

## Business Model
ADS is the leading manufacturer of innovative water management solutions that provide superior drainage products used primarily in the construction and agricultural sectors. They serve a diverse set of end markets, including:

- Residential
- Non-residential
- Infrastructure
- Agriculture

The company manages the entire lifecycle of stormwater through its products, which focus on four core functions: **Capture, Conveyance, Storage, and Treatment.** ADS aims to operate as a sustainable entity, with a commitment to green practices.

## Products
ADS offers a comprehensive product portfolio, which includes:

1. **Corrugated Pipe Products:**
   - Dual Wall Corrugated Pipe (e.g., N-12)
   - HP Storm Pipe and SaniTite HP Pipe
   - Single Wall Corrugated Pipe
   - Triple Wall Corrugated Pipe
   - Smoothwall HDPE Pipe

2. **Infiltrator Products:**
   - Septic leachfield chambers (Quick4 and Arc)
   - EZflow synthetic aggregate leachfields
   - Septic tanks (IM-Series and CM-Series)
   - Advanced Treatment Systems

3. **Allied Products:**
   - Storm chambers (StormTech and Cultec)
   - Structures (Nyloplast PVC drainage structures)
   - Fittings (couplings and custom fittings)
   - Water Quality products (filters and separators)

## Customers and Operations
- **Customer Base:** Approximately 16,000 customers
- **Major Customers:** Ferguson Enterprises (13.3% of net sales) and Core and Main (12.5% of net sales)

## Manufacturing and Distribution
- **Manufacturing Plants:** 64 facilities (51 in the U.S., 5 in Canada, 4 in Mexico, and others in South America and the Netherlands)
- **Distribution Centers:** 41 locations (29 in the U.S., 4 in Canada, 2 in Mexico)
- **In-House Fleet:** Approximately 650 tractors and 1,100 trailers designed for efficient product transport

## Sustainability and Innovation
ADS actively promotes sustainability by utilizing recycled materials in production (360 million pounds of recycled HDPE and 130 million pounds of recycled polypropylene annually). The company has established long-term sustainability goals related to water quality and environmental management.

**Future Expansion:** ADS is investing in a new state-of-the-art Engineering & Technology Center to enhance innovation in product engineering, material science, and manufacturing technology, expected to open in fiscal 2025.

## Summary
Advanced Drainage Systems, Inc. stands as a significant leader in the water management sector by developing and delivering innovative, sustainable, and industry-recognized products to a diverse customer base. With a strong operational infrastructure and a commitment to sustainability, ADS continues to meet the growing demand for effective drainage solutions across various markets.

ADVANCED DRAINAGE SYSTEMS, INC.

10-K / May 15, 2025

10-K / May 16, 2024

10-K / May 15, 2025

Advanced Drainage Systems, Inc. - Company Overview

Business Description

Key Business Areas

Operations and Performance

Revenue Breakdown by Segment (Fiscal 2025)

Competitive Advantage

Manufacturing and Distribution

Conclusion