Advanced Drainage Systems ADS 2020 Annual Report

Advanced Drainage Systems reported record fiscal 2020 financial performance with $1.67 billion in revenue and $362 million adjusted EBITDA, up 21% and 56% year-over-year respectively. The company completed a transformative acquisition of Infiltrator Water Technologies, a leader in on-site septic wastewater treatment, and improved its capital structure with debt and equity offerings. Strong execution in stormwater and septic solutions, material conversion strategies, and operational improvements position the company for sustainable long-term growth.