vs
Side-by-side financial comparison of Everus Construction Group, Inc. (ECG) and ADVANCED DRAINAGE SYSTEMS, INC. (WMS). Click either name above to swap in a different company.
Everus Construction Group, Inc. is the larger business by last-quarter revenue ($1.0B vs $693.4M, roughly 1.5× ADVANCED DRAINAGE SYSTEMS, INC.). ADVANCED DRAINAGE SYSTEMS, INC. runs the higher net margin — 13.5% vs 5.5%, a 8.0% gap on every dollar of revenue. On growth, Everus Construction Group, Inc. posted the faster year-over-year revenue change (33.2% vs 0.4%). ADVANCED DRAINAGE SYSTEMS, INC. produced more free cash flow last quarter ($183.6M vs $23.5M). Over the past eight quarters, Everus Construction Group, Inc.'s revenue compounded faster (27.1% CAGR vs 3.0%).
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...
ECG vs WMS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $693.4M |
| Net Profit | $55.3M | $93.6M |
| Gross Margin | 11.6% | 37.4% |
| Operating Margin | 6.8% | 19.7% |
| Net Margin | 5.5% | 13.5% |
| Revenue YoY | 33.2% | 0.4% |
| Net Profit YoY | 60.4% | 15.3% |
| EPS (diluted) | $1.09 | $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.
| Q4 25 | $1.0B | $693.4M | ||
| Q3 25 | $986.8M | $850.4M | ||
| Q2 25 | $921.5M | $829.9M | ||
| Q1 25 | $826.6M | $615.8M | ||
| Q4 24 | $759.6M | $690.5M | ||
| Q3 24 | $761.0M | $782.6M | ||
| Q2 24 | $703.4M | $815.3M | ||
| Q1 24 | $625.7M | $653.8M |
| Q4 25 | $55.3M | $93.6M | ||
| Q3 25 | $57.0M | $156.0M | ||
| Q2 25 | $52.8M | $143.9M | ||
| Q1 25 | $36.7M | $77.2M | ||
| Q4 24 | $34.5M | $81.2M | ||
| Q3 24 | $41.8M | $130.4M | ||
| Q2 24 | $39.0M | $161.4M | ||
| Q1 24 | $28.2M | $94.8M |
| Q4 25 | 11.6% | 37.4% | ||
| Q3 25 | 12.6% | 40.0% | ||
| Q2 25 | 13.0% | 39.8% | ||
| Q1 25 | 11.2% | 36.7% | ||
| Q4 24 | 11.4% | 35.0% | ||
| Q3 24 | 11.8% | 37.6% | ||
| Q2 24 | 12.6% | 40.8% | ||
| Q1 24 | 11.9% | 38.5% |
| Q4 25 | 6.8% | 19.7% | ||
| Q3 25 | 7.3% | 26.3% | ||
| Q2 25 | 7.9% | 24.8% | ||
| Q1 25 | 6.2% | 19.0% | ||
| Q4 24 | 6.1% | 18.4% | ||
| Q3 24 | 7.1% | 23.9% | ||
| Q2 24 | 7.3% | 27.7% | ||
| Q1 24 | 6.2% | 20.7% |
| Q4 25 | 5.5% | 13.5% | ||
| Q3 25 | 5.8% | 18.3% | ||
| Q2 25 | 5.7% | 17.3% | ||
| Q1 25 | 4.4% | 12.5% | ||
| Q4 24 | 4.5% | 11.8% | ||
| Q3 24 | 5.5% | 16.7% | ||
| Q2 24 | 5.5% | 19.8% | ||
| Q1 24 | 4.5% | 14.5% |
| Q4 25 | $1.09 | $1.19 | ||
| Q3 25 | $1.11 | $1.99 | ||
| Q2 25 | $1.03 | $1.84 | ||
| Q1 25 | $0.72 | $0.99 | ||
| Q4 24 | $0.68 | $1.04 | ||
| Q3 24 | $0.82 | $1.67 | ||
| Q2 24 | $0.76 | $2.06 | ||
| Q1 24 | $0.55 | $1.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.0B |
| Total DebtLower is stronger | $281.5M | — |
| Stockholders' EquityBook value | $629.8M | $1.9B |
| Total Assets | $1.7B | $4.1B |
| Debt / EquityLower = less leverage | 0.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $812.9M | ||
| Q2 25 | — | $638.3M | ||
| Q1 25 | — | $463.3M | ||
| Q4 24 | — | $488.9M | ||
| Q3 24 | $553.0K | $613.0M | ||
| Q2 24 | — | $541.6M | ||
| Q1 24 | — | $490.2M |
| Q4 25 | $281.5M | — | ||
| Q3 25 | $285.1M | — | ||
| Q2 25 | $288.6M | — | ||
| Q1 25 | $292.1M | $1.3B | ||
| Q4 24 | $295.6M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.3B |
| Q4 25 | $629.8M | $1.9B | ||
| Q3 25 | $573.0M | $1.8B | ||
| Q2 25 | $514.4M | $1.7B | ||
| Q1 25 | $460.2M | $1.5B | ||
| Q4 24 | $422.6M | $1.5B | ||
| Q3 24 | $453.3M | $1.4B | ||
| Q2 24 | $490.0M | $1.3B | ||
| Q1 24 | $464.3M | $1.2B |
| Q4 25 | $1.7B | $4.1B | ||
| Q3 25 | $1.6B | $4.1B | ||
| Q2 25 | $1.5B | $3.9B | ||
| Q1 25 | $1.4B | $3.7B | ||
| Q4 24 | $1.3B | $3.6B | ||
| Q3 24 | $1.3B | $3.5B | ||
| Q2 24 | — | $3.4B | ||
| Q1 24 | — | $3.3B |
| Q4 25 | 0.45× | — | ||
| Q3 25 | 0.50× | — | ||
| Q2 25 | 0.56× | — | ||
| Q1 25 | 0.63× | 0.83× | ||
| Q4 24 | 0.70× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $48.2M | $269.3M |
| Free Cash FlowOCF − Capex | $23.5M | $183.6M |
| FCF MarginFCF / Revenue | 2.3% | 26.5% |
| Capex IntensityCapex / Revenue | 2.4% | 12.4% |
| Cash ConversionOCF / Net Profit | 0.87× | 2.88× |
| TTM Free Cash FlowTrailing 4 quarters | $90.0M | $577.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $48.2M | $269.3M | ||
| Q3 25 | $76.2M | $234.9M | ||
| Q2 25 | $25.3M | $275.0M | ||
| Q1 25 | $7.1M | $41.2M | ||
| Q4 24 | — | $189.9M | ||
| Q3 24 | $78.9M | $166.9M | ||
| Q2 24 | — | $183.4M | ||
| Q1 24 | $21.9M | $17.7M |
| Q4 25 | $23.5M | $183.6M | ||
| Q3 25 | $65.7M | $176.4M | ||
| Q2 25 | $12.3M | $222.4M | ||
| Q1 25 | $-11.4M | $-5.3M | ||
| Q4 24 | — | $135.7M | ||
| Q3 24 | $60.9M | $112.4M | ||
| Q2 24 | — | $125.7M | ||
| Q1 24 | $12.6M | $-29.8M |
| Q4 25 | 2.3% | 26.5% | ||
| Q3 25 | 6.7% | 20.7% | ||
| Q2 25 | 1.3% | 26.8% | ||
| Q1 25 | -1.4% | -0.9% | ||
| Q4 24 | — | 19.7% | ||
| Q3 24 | 8.0% | 14.4% | ||
| Q2 24 | — | 15.4% | ||
| Q1 24 | 2.0% | -4.6% |
| Q4 25 | 2.4% | 12.4% | ||
| Q3 25 | 1.1% | 6.9% | ||
| Q2 25 | 1.4% | 6.3% | ||
| Q1 25 | 2.2% | 7.6% | ||
| Q4 24 | — | 7.9% | ||
| Q3 24 | 2.4% | 7.0% | ||
| Q2 24 | — | 7.1% | ||
| Q1 24 | 1.5% | 7.3% |
| Q4 25 | 0.87× | 2.88× | ||
| Q3 25 | 1.34× | 1.51× | ||
| Q2 25 | 0.48× | 1.91× | ||
| Q1 25 | 0.19× | 0.53× | ||
| Q4 24 | — | 2.34× | ||
| Q3 24 | 1.89× | 1.28× | ||
| Q2 24 | — | 1.14× | ||
| Q1 24 | 0.77× | 0.19× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ECG
| Commercial | $594.5M | 59% |
| Utility | $203.5M | 20% |
| Industrial | $82.8M | 8% |
| Institutional | $66.1M | 7% |
| Service And Other | $28.4M | 3% |
| Transportation | $24.2M | 2% |
| Renewables | $19.8M | 2% |
WMS
| Reportable Segment Aggregation Before Other Operating Segment | $557.3M | 80% |
| Other | $85.5M | 12% |
| Pipe | $35.5M | 5% |
| Allied Products And Other | $15.0M | 2% |
