Advanced Drainage Systems shares outstanding WMS
Diluted shares outstanding, averaged over each quarter, from 2013.
- Latest quarter, to Jun 30, 2026
- 77M
- On a year earlier
- −1.4%
- fewer shares
Advanced Drainage Systems had 77M diluted shares outstanding on average in Q1 FY27, the quarter to Jun 30, 2026.
That is 1.4% fewer than a year earlier, so each share owns a little more of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2026 | 78.5M | +0% |
| FY2025 | 78.2M | −0% |
| FY2024 | 78.5M | −4% |
| FY2023 | 81.4M | +11% |
| FY2022 | 73.4M | −0% |
| FY2021 | 73.7M | +7% |
| FY2020 | 69M | +19% |
| FY2019 | 58M | +3% |
| FY2018 | 56.3M | −1% |
| FY2017 | 56.6M | +4% |
| FY2016 | 54.3M | +2% |
| FY2015 | 53.3M | +11% |
| FY2014 | 48.2M | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q1 FY27 | 77M | −1% | |
| Q4 FY26 | 78.5M | +0% | |
| Q3 FY26 | 78.4M | +0% | |
| Q2 FY26 | 78.3M | +0% | |
| Q1 FY26 | 78.1M | −0% | |
| Q4 FY25 | 78.2M | −0% | |
| Q3 FY25 | 78.1M | −1% | |
| Q2 FY25 | 78.1M | −2% | |
| Q1 FY25 | 78.3M | −2% | |
| Q4 FY24 | 78.5M | −4% | |
| Q3 FY24 | 78.6M | −5% | |
| Q2 FY24 | 79.3M | −6% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Advanced Drainage Systems
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.