WMS Q4 2026 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Thu, May 21, 2026 astatine 10:36 AM CDT 44 min read

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DATE

Thursday, May 21, 2026 astatine 10 a.m. ET

CALL PARTICIPANTS

• President & Chief Executive Officer — Donald Scott Barbour

• Chief Financial Officer — Scott A. Cottrill

• Executive Vice President, Sales — Michael Higgins

• President, Infiltrator Water Technologies — Craig J. Taylor

Full Conference Call Transcript

Donald Scott Barbour: Thank you, Mike, and bully morning, everyone. Thank you each for joining america connected today's call. We are pleased to adjacent retired fiscal twelvemonth 26 with beardown results and we person a batch to screen today. Including our 4th fourth performance, afloat twelvemonth results, an update connected the NDS integration and a preview of what lies up arsenic we hole for our upcoming capitalist day. Okay. A batch happened successful the 4th quarter. Despite the 4th being our astir upwind dependent, a seasonally adaptable period, we executed good and delivered results that bespeak the spot and breadth of our portfolio.

The diversification crossed our allied products, infiltrator business, and the HP tube products combined with the continued execution of our marketplace stock model, allowed america to navigate a challenging request situation and adjacent the fiscal twelvemonth connected a beardown note. Let maine interaction connected a fewer highlights. As you saw successful the property release, pursuing the acquisition of NDS, we updated our reporting segments to stormwater and wastewater arsenic reflected successful the results today. The stormwater conception contains the bequest ADS business, Pipe and Allied Products, arsenic good arsenic acquisitions we person made successful the space. NDS, Coltech, and River Valley Pipe. The wastewater conception contains the bequest infiltrator concern arsenic good arsenic the acquisition of Orenco. Excuse me.

Stormwater gross accrued 12% driven by a 43% summation successful allied merchandise income including the $49 cardinal publication from the NDS acquisition that closed February 2nd. On an integrated basis, stormwater income accrued 2% wide with a 12% maturation successful Allied Products. Once again, gross successful respective highly profitable products grew treble digit. Including the StormTech retention, detention chambers, the Nyloplast seizure structures, and our h2o prime merchandise line. These merchandise lines proceed to payment from caller merchandise introductions and ongoing lawsuit programs. Pipe gross decreased 2% reflecting softness successful the residential and infrastructure markets. Agriculture income accrued 30% successful the 4th arsenic customers bought up of terms increases.

Pricing remained unchangeable passim the 4th and worldly costs were favorable comparative to the anterior year. Wastewater gross accrued 4% with beardown enactment successful the Southeast and South. Tank products accrued treble digits. Driven by worldly conversion merchandise enactment expansion, and further distribution. Leachfield income remained resilient and our precocious attraction systems, including Orenco, continued to summation stock successful some residential and commercialized applications. From an extremity marketplace perspective, income successful our halfway nonresidential marketplace accrued 6% with spot successful the West and Midwest Sales of Allied Products experienced wide based maturation crossed the US arsenic we proceed to absorption connected selling the implicit package. Sales successful the residential extremity marketplace accrued 18% including the interaction from NDS.