ADVANCED DRAINAGE SYSTEMS, INC. Current Federal Tax Expense (Benefit)
ADVANCED DRAINAGE SYSTEMS, INC. (WMS) reported Current Federal Tax Expense (Benefit) of $75.43 million for the 12-month period ending 2026-03-31, per its 10-K filed 2026-05-21.
Financial Statements › Expense Statement › Income Tax
us-gaap:CurrentFederalTaxExpenseBenefit · last filed 2026-05-21
- ADVANCED DRAINAGE SYSTEMS, INC. current federal tax expense (benefit) for fiscal 2026 was $75.43M, a 32.92% decline from fiscal 2025.
- ADVANCED DRAINAGE SYSTEMS, INC. current federal tax expense (benefit) for fiscal 2025 was $112.45M, a 11.53% decline from fiscal 2024.
- ADVANCED DRAINAGE SYSTEMS, INC. current federal tax expense (benefit) for fiscal 2024 was $127.11M, a 3.01% increase from fiscal 2023.
- ADVANCED DRAINAGE SYSTEMS, INC. current federal tax expense (benefit) for fiscal 2023 was $123.39M, a 61.89% increase from fiscal 2022.
| Period end | Current Federal Tax Expense (Benefit) 12 month | Current Federal Tax Expense (Benefit) 12 month as first filed |
|---|---|---|
| 2026-03-31 | $75.43M 10-K · filed 2026-05-21 | |
| 2025-03-31 | $112.45M 10-K · filed 2026-05-21 | |
| 2024-03-31 | $127.11M 10-K · filed 2026-05-21 | |
| 2023-03-31 | $123.39M 10-K · filed 2025-05-15 | |
| 2022-03-31 | $76.22M 10-K · filed 2024-05-16 | |
| 2021-03-31 | $76.99M 10-K · filed 2023-05-18 | |
| 2020-03-31 | $10.87M 10-K · filed 2022-05-19 | |
| 2019-03-31 | $11.57M 10-K · filed 2021-05-27 | |
| 2018-03-31 | $17.11M 10-K · filed 2020-06-01 | |
| 2017-03-31 | $24.32M 10-K · filed 2019-05-30 | |
| 2016-03-31 | $6.89M 10-K · filed 2018-05-30 | $6.86M 10-K · filed 2016-09-15 |
| 2015-03-31 | $20.59M 10-K · filed 2017-05-30 | $20.46M 10-K · filed 2016-03-29 |
| 2014-03-31 | $21.48M 10-K/A · filed 2017-01-10 | $21.77M 10-K · filed 2016-03-29 |
| 2013-03-31 | $17.28M 10-K · filed 2016-03-29 |