Advanced Drainage Systems (WMS) Q4 FY26 earnings call

Advanced Drainage Systems closed FY26 with strong Q4 results, integrating the NDS acquisition and delivering resilient margins despite a challenging demand environment. The company outperformed end markets, particularly in nonresidential, and is leveraging its scale and product portfolio to manage inflationary pressures and drive future growth, with a focus on cross-selling opportunities and strategic capital deployment.