• Advanced Drainage Systems average ebit margin for 2024 was 24.22%, a 0.82% decline from 2023.
• Advanced Drainage Systems average ebit margin for 2023 was 24.42%, a 29.27% decline from 2022.
• Advanced Drainage Systems average ebit margin for 2022 was 18.89%, a 20.78% increase from 2021.

Ebit margin can be defined as earnings before interest and taxes as a portion of total revenues