Advanced Drainage Systems, Inc. (ADS)

Advanced Drainage Systems, Inc. (ADS) is an American company that designs, manufactures, and markets innovative water management solutions for the stormwater and onsite septic wastewater industries. Headquartered in Hilliard, Ohio, the company's mission is to provide clean water management solutions to communities and deliver unparalleled service to its customers, focusing on addressing persistent and challenging water management problems.

ADS offers a comprehensive suite of products including polypropylene and polyethylene pipes, plastic leach field chambers and systems, septic tanks and accessories, storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water filters and separators. These solutions are utilized across a broad range of end markets, including commercial, residential, infrastructure, and agriculture applications. The company emphasizes sustainable water management, aiming to protect and manage water resources by capturing, conveying, storing, and treating stormwater before returning it to the natural environment.

Led by CEO and President D. Scott Barbour since 2017, ADS is a publicly traded company on the New York Stock Exchange (NYSE: WMS). The company has recently announced an increase in its quarterly cash dividend and reported its fourth-quarter and fiscal year 2026 results in May 2026. ADS is also recognized as one of the largest plastic recycling companies in North America, annually recycling over half a billion pounds of plastic. Notable acquisitions include River Valley Pipe in May 2025 and Cultec, Inc. in May 2022, further strengthening its market position.