vs

Side-by-side financial comparison of Huron Consulting Group Inc. (HURN) and ADVANCED DRAINAGE SYSTEMS, INC. (WMS). Click either name above to swap in a different company.

ADVANCED DRAINAGE SYSTEMS, INC. is the larger business by last-quarter revenue ($693.4M vs $442.0M, roughly 1.6× Huron Consulting Group Inc.). ADVANCED DRAINAGE SYSTEMS, INC. runs the higher net margin — 13.5% vs 6.9%, a 6.6% gap on every dollar of revenue. On growth, Huron Consulting Group Inc. posted the faster year-over-year revenue change (10.7% vs 0.4%). ADVANCED DRAINAGE SYSTEMS, INC. produced more free cash flow last quarter ($183.6M vs $123.8M). Over the past eight quarters, Huron Consulting Group Inc.'s revenue compounded faster (10.3% CAGR vs 3.0%).

Huron Consulting Group, commonly known as Huron, is a management consulting firm offering services to the healthcare, life sciences, commercial, and higher education industries.

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...

HURN vs WMS — Head-to-Head

Bigger by revenue
WMS
WMS
1.6× larger
WMS
$693.4M
$442.0M
HURN
Growing faster (revenue YoY)
HURN
HURN
+10.3% gap
HURN
10.7%
0.4%
WMS
Higher net margin
WMS
WMS
6.6% more per $
WMS
13.5%
6.9%
HURN
More free cash flow
WMS
WMS
$59.7M more FCF
WMS
$183.6M
$123.8M
HURN
Faster 2-yr revenue CAGR
HURN
HURN
Annualised
HURN
10.3%
3.0%
WMS

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
HURN
HURN
WMS
WMS
Revenue
$442.0M
$693.4M
Net Profit
$30.7M
$93.6M
Gross Margin
37.4%
Operating Margin
11.4%
19.7%
Net Margin
6.9%
13.5%
Revenue YoY
10.7%
0.4%
Net Profit YoY
-9.8%
15.3%
EPS (diluted)
$1.71
$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
HURN
HURN
WMS
WMS
Q4 25
$442.0M
$693.4M
Q3 25
$441.3M
$850.4M
Q2 25
$411.8M
$829.9M
Q1 25
$404.1M
$615.8M
Q4 24
$399.3M
$690.5M
Q3 24
$378.1M
$782.6M
Q2 24
$381.0M
$815.3M
Q1 24
$363.4M
$653.8M
Net Profit
HURN
HURN
WMS
WMS
Q4 25
$30.7M
$93.6M
Q3 25
$30.4M
$156.0M
Q2 25
$19.4M
$143.9M
Q1 25
$24.5M
$77.2M
Q4 24
$34.0M
$81.2M
Q3 24
$27.1M
$130.4M
Q2 24
$37.5M
$161.4M
Q1 24
$18.0M
$94.8M
Gross Margin
HURN
HURN
WMS
WMS
Q4 25
37.4%
Q3 25
40.0%
Q2 25
39.8%
Q1 25
36.7%
Q4 24
35.0%
Q3 24
37.6%
Q2 24
40.8%
Q1 24
38.5%
Operating Margin
HURN
HURN
WMS
WMS
Q4 25
11.4%
19.7%
Q3 25
11.3%
26.3%
Q2 25
11.1%
24.8%
Q1 25
8.1%
19.0%
Q4 24
11.8%
18.4%
Q3 24
11.2%
23.9%
Q2 24
15.6%
27.7%
Q1 24
5.5%
20.7%
Net Margin
HURN
HURN
WMS
WMS
Q4 25
6.9%
13.5%
Q3 25
6.9%
18.3%
Q2 25
4.7%
17.3%
Q1 25
6.1%
12.5%
Q4 24
8.5%
11.8%
Q3 24
7.2%
16.7%
Q2 24
9.8%
19.8%
Q1 24
5.0%
14.5%
EPS (diluted)
HURN
HURN
WMS
WMS
Q4 25
$1.71
$1.19
Q3 25
$1.71
$1.99
Q2 25
$1.09
$1.84
Q1 25
$1.33
$0.99
Q4 24
$1.82
$1.04
Q3 24
$1.47
$1.67
Q2 24
$2.03
$2.06
Q1 24
$0.95
$1.22

Balance Sheet & Financial Strength

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

Metric
HURN
HURN
WMS
WMS
Cash + ST InvestmentsLiquidity on hand
$24.5M
$1.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$528.6M
$1.9B
Total Assets
$1.5B
$4.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HURN
HURN
WMS
WMS
Q4 25
$24.5M
$1.0B
Q3 25
$23.9M
$812.9M
Q2 25
$61.0M
$638.3M
Q1 25
$23.4M
$463.3M
Q4 24
$21.9M
$488.9M
Q3 24
$18.5M
$613.0M
Q2 24
$17.6M
$541.6M
Q1 24
$18.6M
$490.2M
Total Debt
HURN
HURN
WMS
WMS
Q4 25
Q3 25
Q2 25
Q1 25
$1.3B
Q4 24
Q3 24
Q2 24
Q1 24
$1.3B
Stockholders' Equity
HURN
HURN
WMS
WMS
Q4 25
$528.6M
$1.9B
Q3 25
$499.8M
$1.8B
Q2 25
$475.0M
$1.7B
Q1 25
$494.3M
$1.5B
Q4 24
$561.3M
$1.5B
Q3 24
$522.8M
$1.4B
Q2 24
$500.6M
$1.3B
Q1 24
$495.6M
$1.2B
Total Assets
HURN
HURN
WMS
WMS
Q4 25
$1.5B
$4.1B
Q3 25
$1.5B
$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
$1.3B
$3.4B
Q1 24
$1.3B
$3.3B
Debt / Equity
HURN
HURN
WMS
WMS
Q4 25
Q3 25
Q2 25
Q1 25
0.83×
Q4 24
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
HURN
HURN
WMS
WMS
Operating Cash FlowLast quarter
$126.4M
$269.3M
Free Cash FlowOCF − Capex
$123.8M
$183.6M
FCF MarginFCF / Revenue
28.0%
26.5%
Capex IntensityCapex / Revenue
0.6%
12.4%
Cash ConversionOCF / Net Profit
4.12×
2.88×
TTM Free Cash FlowTrailing 4 quarters
$183.0M
$577.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HURN
HURN
WMS
WMS
Q4 25
$126.4M
$269.3M
Q3 25
$93.8M
$234.9M
Q2 25
$80.0M
$275.0M
Q1 25
$-106.8M
$41.2M
Q4 24
$139.6M
$189.9M
Q3 24
$85.2M
$166.9M
Q2 24
$107.2M
$183.4M
Q1 24
$-130.7M
$17.7M
Free Cash Flow
HURN
HURN
WMS
WMS
Q4 25
$123.8M
$183.6M
Q3 25
$89.8M
$176.4M
Q2 25
$78.0M
$222.4M
Q1 25
$-108.7M
$-5.3M
Q4 24
$137.0M
$135.7M
Q3 24
$82.8M
$112.4M
Q2 24
$104.7M
$125.7M
Q1 24
$-131.9M
$-29.8M
FCF Margin
HURN
HURN
WMS
WMS
Q4 25
28.0%
26.5%
Q3 25
20.3%
20.7%
Q2 25
18.9%
26.8%
Q1 25
-26.9%
-0.9%
Q4 24
34.3%
19.7%
Q3 24
21.9%
14.4%
Q2 24
27.5%
15.4%
Q1 24
-36.3%
-4.6%
Capex Intensity
HURN
HURN
WMS
WMS
Q4 25
0.6%
12.4%
Q3 25
0.9%
6.9%
Q2 25
0.5%
6.3%
Q1 25
0.5%
7.6%
Q4 24
0.7%
7.9%
Q3 24
0.6%
7.0%
Q2 24
0.6%
7.1%
Q1 24
0.3%
7.3%
Cash Conversion
HURN
HURN
WMS
WMS
Q4 25
4.12×
2.88×
Q3 25
3.08×
1.51×
Q2 25
4.12×
1.91×
Q1 25
-4.35×
0.53×
Q4 24
4.11×
2.34×
Q3 24
3.14×
1.28×
Q2 24
2.86×
1.14×
Q1 24
-7.26×
0.19×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HURN
HURN

Consulting And Managed Services Capability$172.9M39%
Education$118.7M27%
Commercial$91.9M21%
Digital Capability$54.6M12%

WMS
WMS

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

Related Comparisons