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Side-by-side financial comparison of Cooper Companies (The) (COO) and ADVANCED DRAINAGE SYSTEMS, INC. (WMS). Click either name above to swap in a different company.

Cooper Companies (The) is the larger business by last-quarter revenue ($1.1B vs $693.4M, roughly 1.5× ADVANCED DRAINAGE SYSTEMS, INC.). ADVANCED DRAINAGE SYSTEMS, INC. runs the higher net margin — 13.5% vs 7.9%, a 5.6% gap on every dollar of revenue. On growth, Cooper Companies (The) posted the faster year-over-year revenue change (4.6% vs 0.4%). ADVANCED DRAINAGE SYSTEMS, INC. produced more free cash flow last quarter ($183.6M vs $149.9M). Over the past eight quarters, Cooper Companies (The)'s revenue compounded faster (6.9% CAGR vs 3.0%).

The Cooper Companies, Inc., branded as CooperCompanies, is a global medical device company headquartered in San Ramon, California. The company consists of two business units, CooperVision (CVI) which manufactures contact lenses, and CooperSurgical (CSI), which manufactures medical devices and fertility and genomic products for the women's healthcare market.

Advanced Drainage Systems, Inc. (ADS) is an American company that designs, manufactures and markets 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 water separators. It is the largest maker of high-density polyethylene pipe in the United States. It is headquartered in Hilliard, Ohio. In 2020, 93% of the company's s...

COO vs WMS — Head-to-Head

Bigger by revenue
COO
COO
1.5× larger
COO
$1.1B
$693.4M
WMS
Growing faster (revenue YoY)
COO
COO
+4.2% gap
COO
4.6%
0.4%
WMS
Higher net margin
WMS
WMS
5.6% more per $
WMS
13.5%
7.9%
COO
More free cash flow
WMS
WMS
$33.7M more FCF
WMS
$183.6M
$149.9M
COO
Faster 2-yr revenue CAGR
COO
COO
Annualised
COO
6.9%
3.0%
WMS

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
COO
COO
WMS
WMS
Revenue
$1.1B
$693.4M
Net Profit
$84.6M
$93.6M
Gross Margin
61.1%
37.4%
Operating Margin
13.2%
19.7%
Net Margin
7.9%
13.5%
Revenue YoY
4.6%
0.4%
Net Profit YoY
-28.0%
15.3%
EPS (diluted)
$0.42
$1.19

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
COO
COO
WMS
WMS
Q4 25
$1.1B
$693.4M
Q3 25
$1.1B
$850.4M
Q2 25
$1.0B
$829.9M
Q1 25
$964.7M
$615.8M
Q4 24
$1.0B
$690.5M
Q3 24
$1.0B
$782.6M
Q2 24
$942.6M
$815.3M
Q1 24
$931.6M
$653.8M
Net Profit
COO
COO
WMS
WMS
Q4 25
$84.6M
$93.6M
Q3 25
$98.3M
$156.0M
Q2 25
$87.7M
$143.9M
Q1 25
$104.3M
$77.2M
Q4 24
$117.5M
$81.2M
Q3 24
$104.7M
$130.4M
Q2 24
$88.9M
$161.4M
Q1 24
$81.2M
$94.8M
Gross Margin
COO
COO
WMS
WMS
Q4 25
61.1%
37.4%
Q3 25
65.3%
40.0%
Q2 25
67.8%
39.8%
Q1 25
68.4%
36.7%
Q4 24
66.5%
35.0%
Q3 24
66.1%
37.6%
Q2 24
67.0%
40.8%
Q1 24
67.0%
38.5%
Operating Margin
COO
COO
WMS
WMS
Q4 25
13.2%
19.7%
Q3 25
16.6%
26.3%
Q2 25
18.4%
24.8%
Q1 25
18.9%
19.0%
Q4 24
19.5%
18.4%
Q3 24
19.2%
23.9%
Q2 24
17.2%
27.7%
Q1 24
16.4%
20.7%
Net Margin
COO
COO
WMS
WMS
Q4 25
7.9%
13.5%
Q3 25
9.3%
18.3%
Q2 25
8.7%
17.3%
Q1 25
10.8%
12.5%
Q4 24
11.5%
11.8%
Q3 24
10.4%
16.7%
Q2 24
9.4%
19.8%
Q1 24
8.7%
14.5%
EPS (diluted)
COO
COO
WMS
WMS
Q4 25
$0.42
$1.19
Q3 25
$0.49
$1.99
Q2 25
$0.44
$1.84
Q1 25
$0.52
$0.99
Q4 24
$0.59
$1.04
Q3 24
$0.52
$1.67
Q2 24
$0.44
$2.06
Q1 24
$0.41
$1.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
COO
COO
WMS
WMS
Cash + ST InvestmentsLiquidity on hand
$110.6M
$1.0B
Total DebtLower is stronger
$2.5B
Stockholders' EquityBook value
$8.2B
$1.9B
Total Assets
$12.4B
$4.1B
Debt / EquityLower = less leverage
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
COO
COO
WMS
WMS
Q4 25
$110.6M
$1.0B
Q3 25
$124.9M
$812.9M
Q2 25
$116.2M
$638.3M
Q1 25
$100.9M
$463.3M
Q4 24
$107.6M
$488.9M
Q3 24
$109.7M
$613.0M
Q2 24
$112.4M
$541.6M
Q1 24
$135.2M
$490.2M
Total Debt
COO
COO
WMS
WMS
Q4 25
$2.5B
Q3 25
$2.4B
Q2 25
$2.5B
Q1 25
$2.5B
$1.3B
Q4 24
$2.6B
Q3 24
$2.6B
Q2 24
$2.7B
Q1 24
$2.7B
$1.3B
Stockholders' Equity
COO
COO
WMS
WMS
Q4 25
$8.2B
$1.9B
Q3 25
$8.4B
$1.8B
Q2 25
$8.3B
$1.7B
Q1 25
$8.1B
$1.5B
Q4 24
$8.1B
$1.5B
Q3 24
$7.9B
$1.4B
Q2 24
$7.8B
$1.3B
Q1 24
$7.7B
$1.2B
Total Assets
COO
COO
WMS
WMS
Q4 25
$12.4B
$4.1B
Q3 25
$12.4B
$4.1B
Q2 25
$12.4B
$3.9B
Q1 25
$12.2B
$3.7B
Q4 24
$12.3B
$3.6B
Q3 24
$12.1B
$3.5B
Q2 24
$12.0B
$3.4B
Q1 24
$12.0B
$3.3B
Debt / Equity
COO
COO
WMS
WMS
Q4 25
0.30×
Q3 25
0.29×
Q2 25
0.30×
Q1 25
0.31×
0.83×
Q4 24
0.32×
Q3 24
0.33×
Q2 24
0.34×
Q1 24
0.35×
1.11×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
COO
COO
WMS
WMS
Operating Cash FlowLast quarter
$247.9M
$269.3M
Free Cash FlowOCF − Capex
$149.9M
$183.6M
FCF MarginFCF / Revenue
14.1%
26.5%
Capex IntensityCapex / Revenue
9.2%
12.4%
Cash ConversionOCF / Net Profit
2.93×
2.88×
TTM Free Cash FlowTrailing 4 quarters
$433.7M
$577.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
COO
COO
WMS
WMS
Q4 25
$247.9M
$269.3M
Q3 25
$261.4M
$234.9M
Q2 25
$96.2M
$275.0M
Q1 25
$190.6M
$41.2M
Q4 24
$268.1M
$189.9M
Q3 24
$207.5M
$166.9M
Q2 24
$111.0M
$183.4M
Q1 24
$122.7M
$17.7M
Free Cash Flow
COO
COO
WMS
WMS
Q4 25
$149.9M
$183.6M
Q3 25
$164.5M
$176.4M
Q2 25
$18.1M
$222.4M
Q1 25
$101.2M
$-5.3M
Q4 24
$128.1M
$135.7M
Q3 24
$118.5M
$112.4M
Q2 24
$36.9M
$125.7M
Q1 24
$4.6M
$-29.8M
FCF Margin
COO
COO
WMS
WMS
Q4 25
14.1%
26.5%
Q3 25
15.5%
20.7%
Q2 25
1.8%
26.8%
Q1 25
10.5%
-0.9%
Q4 24
12.6%
19.7%
Q3 24
11.8%
14.4%
Q2 24
3.9%
15.4%
Q1 24
0.5%
-4.6%
Capex Intensity
COO
COO
WMS
WMS
Q4 25
9.2%
12.4%
Q3 25
9.1%
6.9%
Q2 25
7.8%
6.3%
Q1 25
9.3%
7.6%
Q4 24
13.7%
7.9%
Q3 24
8.9%
7.0%
Q2 24
7.9%
7.1%
Q1 24
12.7%
7.3%
Cash Conversion
COO
COO
WMS
WMS
Q4 25
2.93×
2.88×
Q3 25
2.66×
1.51×
Q2 25
1.10×
1.91×
Q1 25
1.83×
0.53×
Q4 24
2.28×
2.34×
Q3 24
1.98×
1.28×
Q2 24
1.25×
1.14×
Q1 24
1.51×
0.19×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

COO
COO

Sphere Other$365.0M34%
Toric And Multifocal$344.7M32%
Office And Surgical$214.5M20%
Fertility$140.9M13%

WMS
WMS

Reportable Segment Aggregation Before Other Operating Segment$557.3M80%
Other$85.5M12%
Pipe$35.5M5%
Allied Products And Other$15.0M2%

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