ADVANCED DRAINAGE SYSTEMS, INC.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $6.5m $17.6m $8.9m $174.2m $195.0m $20.1m $217.1m $490.2m $463.3m $223.0m
Inventory, Net $258.4m $263.8m $264.5m $282.4m $301.0m $494.3m $464.0m $464.2m $488.3m $543.4m
Assets, Current $440.6m $458.5m $466.5m $666.2m $743.0m $871.9m $1.0b $1.3b $1.3b $1.2b
Property, Plant and Equipment, Net $406.9m $399.4m $398.9m $481.4m $504.3m $619.4m $733.1m $876.4m $1.1b $1.2b
Goodwill $100.6m $103.0m $102.6m $597.8m $599.1m $610.3m $620.2m $617.2m $720.2m $1.0b
Intangible Assets, Net (Excluding Goodwill) $51.8m $44.4m $37.2m $555.3m $482.0m $431.4m $407.6m $352.7m $448.1m $848.5m
Operating Lease, Right-of-Use Asset $24.9m $31.2m $54.6m $50.8m $53.8m $68.8m $73.8m
Other Assets, Noncurrent $46.5m $38.0m $36.9m $69.1m $85.5m $116.8m $122.8m $122.8m $146.3m $166.4m
Additional Financial Items
Assets $1.0b $1.0b $1.0b $2.4b $2.4b $2.6b $2.9b $3.3b $3.7b $4.5b
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $7.8m $9.0m $14.2m $14.4m $15.7m $19.5m $21.3m
Accounts Payable, Current $121.9m $105.5m $93.6m $106.7m $171.1m $225.0m $210.1m $254.4m $218.0m $237.7m
Operating Lease, Liability, Noncurrent $17.2m $22.4m $41.0m $37.1m $39.1m $48.8m $52.9m
Long-term Debt, Excluding Current Maturities $310.8m $270.9m $208.6m $1.1b $782.2m $908.7m $1.3b $1.3b $1.3b $1.6b
Long-term Debt, Current Maturities $37.8m $26.8m $25.9m $8.0m $7.0m $19.5m $14.7m $11.9m $9.9m $5.9m
Liabilities, Current $255.8m $221.2m $206.3m $238.2m $318.3m $391.2m $378.8m $439.6m $398.4m $509.5m
Deferred Income Tax Liabilities, Net $44.0m $32.3m $46.0m $175.6m $162.2m $168.4m $159.1m $156.7m $190.4m $221.0m
Other Liabilities, Noncurrent $26.5m $25.0m $19.1m $37.6m $54.8m $64.9m $66.7m $70.7m $83.2m $91.3m
Deferred Tax Liabilities, Net $43.3m $32.2m $45.6m $175.1m $161.6m $167.3m $157.2m $154.8m $189.2m $220.3m
Liabilities $695.9m $609.4m $541.5m $1.6b $1.4b $1.5b $1.9b $2.0b $2.1b $2.5b
Redeemable Noncontrolling Interest, Equity, Carrying Amount $8.2m $8.5m
Redeemable Noncontrolling Interest, Equity, Common, Carrying Amount $153.2m $108.6m $92.7m $73.7m
Stockholders’ equity:
Common Stock, Value, Issued $12.4m $11.4m $11.4m $11.6m $11.6m $11.6m $11.6m $11.7m $11.7m $11.7m
Retained Earnings (Accumulated Deficit) ($83.7m) ($39.2m) $17.6m ($267.6m) ($75.2m) $158.9m $626.2m $1.1b $1.5b $1.9b
Accumulated Other Comprehensive Income (Loss), Net of Tax ($24.8m) ($21.2m) ($25.9m) ($35.3m) ($24.2m) ($24.4m) ($27.6m) ($29.8m) ($37.2m) ($32.3m)
Additional Paid in Capital, Common Stock $755.8m $364.9m $391.0m $827.6m $918.6m $1.1b $1.1b $1.2b $1.3b $1.3b
Stockholders' Equity Attributable to Parent $222.7m $307.6m $384.3m $525.7m $819.8m $893.0m $824.1m $1.2b $1.5b $1.9b
Stockholders' Equity Attributable to Noncontrolling Interest $14.9m $16.7m $14.0m $11.8m $13.7m $16.6m $17.5m $18.8m $17.7m $23.6m
Liabilities and Equity $1.0b $1.0b $1.0b $2.4b $2.4b $2.6b $2.9b $3.3b $3.7b $4.5b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.