ADVANCED DRAINAGE SYSTEMS, INC. Effective Tax Rate
ADVANCED DRAINAGE SYSTEMS, INC. (WMS) reported Effective Tax Rate of 23.40% for the 3-month period ending 2026-06-30, per its 10-Q filed 2026-08-06.
Financial Statements › Expense Statement › Income Tax
us-gaap:EffectiveIncomeTaxRateContinuingOperations · last filed 2026-08-06
- ADVANCED DRAINAGE SYSTEMS, INC. effective income tax rate reconciliation, percent for the quarter ending 2026-06-30 was 23.40%, a 4.88% decline year-over-year.
- ADVANCED DRAINAGE SYSTEMS, INC. effective income tax rate reconciliation, percent for the quarter ending 2025-12-31 was 24.90%, a 0.40% decline year-over-year.
- ADVANCED DRAINAGE SYSTEMS, INC. effective income tax rate reconciliation, percent for the quarter ending 2025-09-30 was 25.20%, a 5.44% increase year-over-year.
- ADVANCED DRAINAGE SYSTEMS, INC. effective income tax rate reconciliation, percent for the quarter ending 2025-06-30 was 24.60%, a 3.80% increase year-over-year.
- ADVANCED DRAINAGE SYSTEMS, INC. effective income tax rate reconciliation, percent for fiscal 2026 was 24.10%, a 0.84% increase from fiscal 2025.
- ADVANCED DRAINAGE SYSTEMS, INC. effective income tax rate reconciliation, percent for fiscal 2025 was 23.90%, a 0.42% increase from fiscal 2024.
- ADVANCED DRAINAGE SYSTEMS, INC. effective income tax rate reconciliation, percent for fiscal 2024 was 23.80%, a 3.93% increase from fiscal 2023.
- ADVANCED DRAINAGE SYSTEMS, INC. effective income tax rate reconciliation, percent for fiscal 2023 was 22.90%, a 20.21% decline from fiscal 2022.
| Period end | Effective Income Tax Rate Reconciliation, Percent 3 month | Effective Income Tax Rate Reconciliation, Percent 3 month as first filed | Effective Income Tax Rate Reconciliation, Percent 6 month | Effective Income Tax Rate Reconciliation, Percent 6 month as first filed | Effective Income Tax Rate Reconciliation, Percent 9 month | Effective Income Tax Rate Reconciliation, Percent 9 month as first filed | Effective Income Tax Rate Reconciliation, Percent 12 month | Effective Income Tax Rate Reconciliation, Percent 12 month as first filed |
|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | 23.40% 10-Q · filed 2026-08-06 | |||||||
| 2026-03-31 | 24.10% 10-K · filed 2026-05-21 | |||||||
| 2025-12-31 | 24.90% 10-Q · filed 2026-02-05 | 24.90% 10-Q · filed 2026-02-05 | ||||||
| 2025-09-30 | 25.20% 10-Q · filed 2025-11-06 | 24.90% 10-Q · filed 2025-11-06 | ||||||
| 2025-06-30 | 24.60% 10-Q · filed 2026-08-06 | |||||||
| 2025-03-31 | 23.90% 10-K · filed 2026-05-21 | |||||||
| 2024-12-31 | 25.00% 10-Q · filed 2026-02-05 | 24.00% 10-Q · filed 2026-02-05 | ||||||
| 2024-09-30 | 23.90% 10-Q · filed 2025-11-06 | 23.80% 10-Q · filed 2025-11-06 | ||||||
| 2024-06-30 | 23.70% 10-Q · filed 2025-08-07 | |||||||
| 2024-03-31 | 23.80% 10-K · filed 2026-05-21 | |||||||
| 2023-12-31 | 22.20% 10-Q · filed 2025-02-06 | 24.30% 10-Q · filed 2025-02-06 | ||||||
| 2023-09-30 | 25.90% 10-Q · filed 2024-11-08 | 25.00% 10-Q · filed 2024-11-08 | ||||||
| 2023-06-30 | 24.20% 10-Q · filed 2024-08-08 | |||||||
| 2023-03-31 | 22.90% 10-K · filed 2025-05-15 | |||||||
| 2022-12-31 | 24.00% 10-Q · filed 2024-02-08 | 23.40% 10-Q · filed 2024-02-08 | ||||||
| 2022-09-30 | 23.90% 10-Q · filed 2023-11-02 | 23.20% 10-Q · filed 2023-11-02 | ||||||
| 2022-06-30 | 22.70% 10-Q · filed 2023-08-03 | |||||||
| 2022-03-31 | 28.70% 10-K · filed 2024-05-16 | |||||||
| 2021-12-31 | 28.10% 10-Q · filed 2023-02-02 | 26.60% 10-Q · filed 2023-02-02 | ||||||
| 2021-09-30 | 26.10% 10-Q · filed 2022-11-03 | 25.80% 10-Q · filed 2022-11-03 | ||||||
| 2021-06-30 | 25.60% 10-Q · filed 2022-08-04 | |||||||
| 2021-03-31 | 27.70% 10-K · filed 2023-05-18 | |||||||
| 2020-12-31 | 27.10% 10-Q · filed 2022-02-03 | 27.80% 10-Q · filed 2022-02-03 | ||||||
| 2020-09-30 | 28.30% 10-Q · filed 2021-11-04 | 28.10% 10-Q · filed 2021-11-04 | ||||||
| 2020-06-30 | 27.80% 10-Q · filed 2021-08-05 | |||||||
| 2020-03-31 | -7.90% 10-K · filed 2022-05-19 | |||||||
| 2019-12-31 | 14.50% 10-Q · filed 2021-02-04 | -13.20% 10-Q · filed 2021-02-04 | ||||||
| 2019-09-30 | -75.30% 10-Q · filed 2020-11-05 | -9.40% 10-Q · filed 2020-11-05 | ||||||
| 2019-06-30 | -10.90% 10-Q · filed 2020-08-06 | |||||||
| 2019-03-31 | 26.90% 10-K · filed 2021-05-27 | |||||||
| 2018-12-31 | 13.40% 10-Q · filed 2020-02-06 | 26.60% 10-Q · filed 2020-02-06 | ||||||
| 2018-09-30 | 28.90% 10-Q · filed 2019-11-12 | 29.40% 10-Q · filed 2019-11-12 | ||||||
| 2018-06-30 | 29.70% 10-Q · filed 2019-08-01 | |||||||
| 2018-03-31 | 14.80% 10-K · filed 2020-06-01 | |||||||
| 2017-12-31 | -29.40% 10-Q · filed 2019-02-07 | 18.60% 10-Q · filed 2019-02-07 | ||||||
| 2017-09-30 | 42.10% 10-Q · filed 2018-11-08 | 38.70% 10-Q · filed 2018-11-08 | ||||||
| 2017-06-30 | 34.80% 10-Q · filed 2018-08-09 | |||||||
| 2017-03-31 | 38.00% 10-K · filed 2019-05-30 | |||||||
| 2016-12-31 | 33.80% 10-Q · filed 2018-02-09 | 38.70% 10-Q · filed 2018-02-09 | ||||||
| 2016-09-30 | 37.90% 10-Q · filed 2017-11-06 | 39.80% 10-Q · filed 2017-11-06 | ||||||
| 2016-06-30 | 42.10% 10-Q · filed 2017-08-03 | |||||||
| 2016-03-31 | 39.60% 10-K · filed 2018-05-30 | 42.10% 10-K · filed 2016-09-15 | ||||||
| 2015-12-31 | 35.20% 10-Q · filed 2017-02-09 | 36.20% 10-Q · filed 2016-05-31 | ||||||
| 2015-09-30 | 31.30% 10-Q · filed 2017-01-20 | 30.90% 10-Q · filed 2016-05-31 | ||||||
| 2015-06-30 | 38.80% 10-Q/A · filed 2017-01-10 | 39.20% 10-Q · filed 2016-05-31 | ||||||
| 2015-03-31 | 127.60% 10-K · filed 2017-05-30 | 38.50% 10-K · filed 2016-03-29 | ||||||
| 2014-12-31 | 43.80% 10-Q/A · filed 2017-01-10 | 36.60% 10-Q · filed 2015-02-09 | ||||||
| 2014-09-30 | 37.90% 10-Q/A · filed 2017-01-10 | 38.40% 10-Q · filed 2014-11-10 | ||||||
| 2014-06-30 | 53.10% 10-Q/A · filed 2017-01-10 | 38.80% 10-Q · filed 2014-09-05 | ||||||
| 2014-03-31 | 64.00% 10-K/A · filed 2017-01-10 | 56.60% 10-K · filed 2016-03-29 | ||||||
| 2013-12-31 | 57.90% 10-Q/A · filed 2016-03-29 | 61.70% 10-Q · filed 2015-02-09 | ||||||
| 2013-09-30 | 36.40% 10-Q/A · filed 2016-03-29 | |||||||
| 2013-06-30 | 38.20% 10-Q/A · filed 2016-03-29 | 39.50% 10-Q · filed 2014-09-05 | ||||||
| 2013-03-31 | 41.00% 10-K · filed 2016-03-29 |