SEC filings · customer concentration · WMS

Advanced Drainage Systems's major customers

Ferguson Enterprises And Core And Main accounted for 26% of Advanced Drainage Systems's revenue in FY 2026, about the same as 27% a year earlier.

1major customers now
26%of revenue from them
0listed suppliers depending on it
2015–2026years covered
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Major customers of Advanced Drainage Systems

Customers that Advanced Drainage Systems named in its annual report as 10% or more of revenue. A missing year means the customer was below that line or not named.

CustomerShare of revenueChange vs prior yearHistoryLatest filing
Ferguson Enterprises And Core And Main26%from 27%FY 2020: 24%FY 2021: 23%FY 2022: 24%FY 2023: 26%FY 2024: 26%FY 2025: 27%FY 2026: 26%7 yearsFY 2026 · filed 21 May 2026

Formerly disclosed

CustomerShare of revenueChange vs prior yearHistoryLatest filing
Ferguson Enterprises And HD Supply Waterworks23%last FY 2021FY 2015: 20%FY 2016: 21%FY 2017: 24%FY 2018: 25%FY 2019: 25%FY 2020: 24%FY 2021: 23%7 yearsFY 2021 · filed 27 May 2021

About this data

US-listed companies must disclose revenue from any single customer that reaches 10% of their total (ASC 280). ShadowGraph reads these disclosures from the XBRL data of every 10-K and 20-F we scan, keeps one value per fiscal year (restatements replace earlier values) and links each number to its filing. Companies that describe a customer only as "Customer A" are not listed by name. Figures are as reported; nothing here is investment advice.

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