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U.S. - Machinery For Filtering Or Purifying Water - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAdvanced Drainage Systems Reports Strong Q4 Revenue Performance
Advanced Drainage Systems Reports Strong Q4 Revenue Beat
Water management company Advanced Drainage Systems (NYSE:WMS) has reported Q4 CY2024 revenue exceeding Wall Street's expectations, according to a recent report. Sales climbed 4.3% year-on-year to hit $690.5 million, surpassing analysts' forecasts by 2.2%. Despite ongoing challenges, the company's longstanding focus on community clean water management continues to yield positive results.
The company anticipates its full-year revenue reaching approximately $2.94 billion, aligning it closely with market projections. However, the non-GAAP profits of $1.09 per share fell short by 9.8% against analyst consensus. Advanced Drainage Systems has been recognized for its significant historic growth, achieving a 13.3% annualized revenue increase over the last five years, as highlighted by data on the IndexBox platform.
Sector Trends and Future Outlook
In the larger industrials context, particularly among HVAC and water systems companies, essential non-discretionary infrastructure products, like those offered by Advanced Drainage, benefit from predictable replacement cycles. These trends, driven by advances in energy efficiency and clean water technologies, are fostering increased demand. Nevertheless, new installations are subject to the cyclicality of the construction industry and broader economic conditions.
Recent financial periods indicate a pivot in Advanced Drainage's performance trends. While revenue has seen declines of 3.1% annualized over two years, there remains a dichotomy in its business segments. The Pipe segment struggled with a 6.8% year-on-year decline, whereas the Infiltrator business boasted a 5.8% growth, showcasing resilience in wastewater treatment systems.
Looking ahead, analysts project a 4.8% revenue growth in the next year. Although this lags behind the sector average, it underscores optimism around the company's newer product lines and services driving improved top-line performance.
Profitability and Margin Trends
Over the past five years, Advanced Drainage has maintained an impressive average operating margin of 20.6%, indicative of robust profitability. Despite a recent drop to 18.4% in operating margin this quarter, the company's long-term trend has seen a 6.3 percentage point increase, demonstrating effective operating leverage. Nonetheless, increased expenditures on marketing and R&D have slightly hampered efficiency.
Earnings per share have surged at a compounded annual growth rate of 76.2% over half a decade, an encouraging sign of escalating per-share profitability. However, in the last two years, EPS growth moderated to 1.7%, reflecting the evolving business dynamics.
Ultimately, while the quarter presented mixed results, with revenues outperforming expectations yet EPS falling short, Advanced Drainage's strategic direction and economic health suggest stability and potential growth ahead. Investors and market watchers are advised to keep a close eye on forthcoming fiscal developments.
This report provides an in-depth analysis of the water filter market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28291230 - Machinery and apparatus for filtering or purifying water
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024