WMS vs. WAT
Compare and contrast key facts about Advanced Drainage Systems, Inc. (WMS) and Waters Corporation (WAT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WMS or WAT.
Correlation
The correlation between WMS and WAT is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WMS vs. WAT - Performance Comparison
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Key characteristics
WMS:
-0.76
WAT:
-0.01
WMS:
-0.97
WAT:
0.31
WMS:
0.88
WAT:
1.04
WMS:
-0.65
WAT:
0.00
WMS:
-1.13
WAT:
0.01
WMS:
26.28%
WAT:
11.34%
WMS:
38.97%
WAT:
38.06%
WMS:
-53.67%
WAT:
-80.12%
WMS:
-32.01%
WAT:
-15.36%
Fundamentals
WMS:
$9.12B
WAT:
$21.39B
WMS:
$5.98
WAT:
$11.01
WMS:
19.66
WAT:
32.65
WMS:
1.05
WAT:
2.32
WMS:
3.14
WAT:
7.17
WMS:
5.90
WAT:
10.66
WMS:
$2.29B
WAT:
$2.98B
WMS:
$856.09M
WAT:
$1.85B
WMS:
$686.17M
WAT:
$995.26M
Returns By Period
In the year-to-date period, WMS achieves a 5.42% return, which is significantly higher than WAT's -3.10% return. Over the past 10 years, WMS has outperformed WAT with an annualized return of 15.29%, while WAT has yielded a comparatively lower 10.46% annualized return.
WMS
5.42%
17.60%
-7.27%
-29.33%
25.86%
15.29%
WAT
-3.10%
11.95%
0.28%
-0.29%
15.07%
10.46%
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Risk-Adjusted Performance
WMS vs. WAT — Risk-Adjusted Performance Rank
WMS
WAT
WMS vs. WAT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Advanced Drainage Systems, Inc. (WMS) and Waters Corporation (WAT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
WMS vs. WAT - Dividend Comparison
WMS's dividend yield for the trailing twelve months is around 0.53%, while WAT has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WMS Advanced Drainage Systems, Inc. | 0.53% | 0.54% | 0.38% | 0.57% | 0.31% | 0.43% | 3.48% | 1.28% | 1.13% | 1.12% | 0.79% | 0.17% |
WAT Waters Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
WMS vs. WAT - Drawdown Comparison
The maximum WMS drawdown since its inception was -53.67%, smaller than the maximum WAT drawdown of -80.12%. Use the drawdown chart below to compare losses from any high point for WMS and WAT. For additional features, visit the drawdowns tool.
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Volatility
WMS vs. WAT - Volatility Comparison
Advanced Drainage Systems, Inc. (WMS) and Waters Corporation (WAT) have volatilities of 11.48% and 11.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
WMS vs. WAT - Financials Comparison
This section allows you to compare key financial metrics between Advanced Drainage Systems, Inc. and Waters Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
WMS vs. WAT - Profitability Comparison
WMS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Advanced Drainage Systems, Inc. reported a gross profit of 241.59M and revenue of 690.54M. Therefore, the gross margin over that period was 35.0%.
WAT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Waters Corporation reported a gross profit of 493.15M and revenue of 661.71M. Therefore, the gross margin over that period was 74.5%.
WMS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Advanced Drainage Systems, Inc. reported an operating income of 126.86M and revenue of 690.54M, resulting in an operating margin of 18.4%.
WAT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Waters Corporation reported an operating income of 151.75M and revenue of 661.71M, resulting in an operating margin of 22.9%.
WMS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Advanced Drainage Systems, Inc. reported a net income of 81.23M and revenue of 690.54M, resulting in a net margin of 11.8%.
WAT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Waters Corporation reported a net income of 121.38M and revenue of 661.71M, resulting in a net margin of 18.3%.