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.

Revenue
+8.69%
EPS
+56.7%
Free cash flow
+12.3%
Total debt
+0.10%

Quarter to September 2026, against a year earlier

392.97 15.81 −3.87%
Market cap
$27.3B
P/E
43.8×
Fwd P/E
48.1×
Dividend yield
0.22%
F-score
8/9
Altman Z
13.89
Beneish M
−2.79
Dividend safety
100/100

West Pharmaceutical Services, Inc. (WST) Return on invested capital

Alert me on Return on invested capital

West Pharmaceutical Services, Inc.'s return on invested capital over the twelve months to 30 September 2026 was 18.0%, up 3.9 percentage points from fiscal 2025 (14.1%). Over the past ten years it has ranged from 8.22% (fiscal 2015) to 26.4% (fiscal 2021); the current reading is higher than 55% of that period. That is above the Medical Instruments & Supplies industry median of 0.13% and above the Healthcare sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 14.1% (0.71)
FY2024 14.8% (5.28)
FY2023 20.1% (2.85)
FY2022 23.0% (3.42)
FY2021 26.4% 9.34
FY2020 17.1% 3.71
FY2019 13.3% 1.37
FY2018 12.0% 0.60
FY2017 11.4% 0.67
FY2016 10.7% 2.48

Against its own ten years

Low 8.22% High 26.4%
Ten-year median 14.1%
Current reading's percentile 55

Return on invested capital against peers

Company Return on invested capital
RMD ResMed Inc. compare 22.8%
WST West Pharmaceutical Services, Inc. 18.0%
MDLN Medline Inc. compare 17.8%
ALGN Align Technology, Inc. compare 12.3%
BDX Becton, Dickinson and Company compare 3.89%
COO The Cooper Companies, Inc. compare 3.17%
ALC Alcon compare 2.38%
SOLV Solventum Corporation compare 0.00%
BAX Baxter International Inc. compare −1.05%
Medical Instruments & Supplies industry median 0.13%
Healthcare sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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