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Pretax income is the income that a company earns before paying income taxes. Advanced Drainage Systems's pretax income for the
three
months ended in Jun. 2026 was $229 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $599 Mil.
Advanced Drainage Systems's pretax margin was 22.87%.
During the past 13 years, Advanced Drainage Systems's highest Pretax Margin was 23.20%. The lowest was -10.73%. And the median was 14.80%.
During the past 13 years, Advanced Drainage Systems's highest Pretax Margin was 23.20%. The lowest was -10.73%. And the median was 14.80%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Advanced Drainage Systems Pre-Tax Income Related Terms
Advanced Drainage Systems Pre-Tax Income Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Building Products & Equipment subindustry, Advanced Drainage Systems's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Advanced Drainage Systems Pre-Tax Income vs Construction Industry
For the Construction industry and Industrials sector, Advanced Drainage Systems's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Advanced Drainage Systems's Pre-Tax Income falls into.
Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $599 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Advanced Drainage Systems (WMS) has a Pre-Tax Income of $599 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Advanced Drainage Systems and its competitors.
Is Advanced Drainage Systems' Pre-Tax Income too high?
Advanced Drainage Systems' current Pre-Tax Income is $599 Mil. Overall, Advanced Drainage Systems has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Advanced Drainage Systems' Pre-Tax Income compare to SPXC and OC?
Advanced Drainage Systems' Pre-Tax Income of $599 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Construction company?
A good Pre-Tax Income depends on the Construction industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Advanced Drainage Systems and its competitors. Advanced Drainage Systems's current Pre-Tax Income is $599 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced Drainage Systems stock overvalued right now?
Based on GuruFocus' analysis, Advanced Drainage Systems (WMS) is currently considered Modestly Undervalued. The stock's GF Value™ is $159.13, compared to a current price of $135.76 — trading 14.7% below its estimated fair value. The current Pre-Tax Income is $599 Mil. Advanced Drainage Systems' overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Advanced Drainage Systems (WMS), the current Pre-Tax Income is $599 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Advanced Drainage Systems (WMS) Overvalued in 2026?
Based on GuruFocus' analysis, Advanced Drainage Systems stock appears to be undervalued.
The current stock price of $135.76 is trading 14.7% below its estimated GF Value™ of $159.13.
GuruFocus considers Advanced Drainage Systems to be Modestly Undervalued.
Key valuation signals for WMS:
Pre-Tax Income: $599 Mil
GF Value™: $159.13 vs. price of $135.76 (14.7% below fair value)
No single metric tells the full story. See the WMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Advanced Drainage Systems Inc designs, manufactures and markets water management solutions in the stormwater and onsite wastewater industries, providing superior drainage solutions for use in the construction and agriculture markets. The company's products are used across a broad range of end markets and applications, including non-residential, residential, infrastructure and agriculture applications. It has two reportable segments: Stormwater and Wastewater. It derives the majority of revenue from the Stormwater segment, which manufactures and markets thermoplastic corrugated pipe and complementary products, including single wall pipe, N-12 HDPE pipe, polypropylene pipe, StormTech, Nyloplast, Inserta Tee, water quality filters and structures, and NDS channel drains, and access boxes.
85GF Score
Get the complete analysis for WMS
Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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