• Advanced Drainage Systems average return on assets for 2023 was 16.24, a 23.87% decline from 2022.
• Advanced Drainage Systems average return on assets for 2022 was 13.11, a 65.11% increase from 2021.
• Advanced Drainage Systems average return on assets for 2021 was 7.94, a 353.71% increase from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.