Advanced Drainage Systems, Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2014 | 18.0% | 4.5% | 0.4% |
| FY2015 | 17.4% | 3.3% | -0.7% |
| FY2016 | 22.1% | 7.3% | 1.9% |
| FY2017 | 23.5% | 6.1% | 4.9% |
| FY2018 | 22.7% | 6.6% | 4.7% |
| FY2019 | 23.6% | 9.3% | 5.6% |
| FY2020 | 18.9% | -5.7% | -11.5% |
| FY2021 | 34.8% | 17.4% | 11.3% |
| FY2022 | 28.9% | 14.9% | 9.8% |
| FY2023 | 36.4% | 23.4% | 16.5% |
| FY2024 | 39.9% | 25.5% | 17.7% |
| FY2025 | 37.7% | 22.6% | 15.5% |
| FY2026 | 38.3% | 20.3% | 14.0% |