Advanced Drainage Systems

Advanced Drainage Systems Market Overview

Advanced Drainage Systems (NYSE: WMS), a publicly traded company with Berkshire Partners Holdings LLC as its largest shareholder at approximately 24%, generated in-store revenue across two primary channels from January through August 2026, with Ace Hardware commanding 90.2% of total revenue share compared to Home Depot's 9.8%. The brand's average product price stood at $29.03 during the tracked period, though pricing declined 8.0% overall, with the most recent month showing a steeper 9.7% decrease to $27.30. Recent momentum has been positive, with revenue growing 8.5% in the latest measured period, though year-to-date growth remains modest at 1.7% according to Grips Intelligence data. Product offerings vary significantly by channel, with Ace Hardware focusing on drainage tubing solutions priced around $120-$140, while Home Depot stocks higher-value poly pipe systems and drainage components ranging from $147 to $388. The pricing pressure and channel concentration present both challenges and opportunities for market positioning and channel diversification.