West Pharmaceutical Services, Inc.

WST Healthcare Medical Instruments & Supplies

West Pharmaceutical Services, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.1 billion, up 6.25% from fiscal 2024. In the quarter to June 2026, revenue grew 13.8%, EPS grew 19.2%, free cash flow fell 20.7% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.

382.92 0.10 −0.03%
Market cap
$27.0B
P/E
48.7×
Fwd P/E
37.3×
Dividend yield
0.23%
F-score
8/9
Altman Z
13.89
Beneish M
−2.79
Dividend safety
100/100

West Pharmaceutical Services, Inc. (WST) Net margin

Alert me on Net margin

West Pharmaceutical Services, Inc.'s net margin over the twelve months to 30 June 2026 was 17.0%, up 0.9 percentage points from fiscal 2025 (16.1%). Over the past ten years it has ranged from 6.83% (fiscal 2015) to 23.4% (fiscal 2021); the current reading is higher than 55% of that period. That is above the Medical Instruments & Supplies industry median of −1.61% and above the Healthcare sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 16.1% (0.97)
FY2024 17.0% (3.09)
FY2023 20.1% (0.18)
FY2022 20.3% (3.07)
FY2021 23.4% 7.24
FY2020 16.1% 2.99
FY2019 13.1% 1.09
FY2018 12.1% 2.63
FY2017 9.42% (0.10)
FY2016 9.52% 2.69

Quarterly newest first

Period Net margin Change (points)
Jun 2026 17.7% 1.22
Mar 2026 16.4% 0.02
Dec 2025 16.4% (0.99)
Sep 2025 17.4% 0.20
42 more quarters

Against its own ten years

Low 6.83% High 23.4%
Ten-year median 16.1%
Current reading's percentile 62

Net margin against peers

Company Net margin
RMD ResMed Inc. compare 26.9%
SOLV Solventum Corporation compare 17.3%
WST West Pharmaceutical Services, Inc. 17.0%
COO The Cooper Companies, Inc. compare 13.5%
ALC Alcon compare 5.92%
RGEN Repligen Corporation compare 5.29%
BDX Becton, Dickinson and Company compare 4.20%
MDLN Medline Inc. compare 2.37%
BAX Baxter International Inc. compare −9.27%
Medical Instruments & Supplies industry median −1.61%
Healthcare sector median 0.00%
Market median 0.45%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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