Companies / Health Care
WST
West Pharmaceutical Services
Health Care Supplies
Health Care SuppliesAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health71
Growth39
Profitability60
Cash generation69
Balance sheet100
Dilution control88
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)8.7%Revenue growth (FY)6.3%Revenue CAGR (3y)2.1%Gross margin35.9%Operating margin19.0%Net margin16.1%Free cash flow margin15.3%R&D / revenue2.4%Stock comp / revenue0.8%Net debt / operating cash flow-0.78xCurrent ratio3.02Diluted share count change-1.4%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $2.8B | $2.9B | $2.9B | $2.9B | $3.1B |
| Gross profit | $1.2B | $1.1B | $1.1B | $998M | $1.1B |
| Operating income | $752M | $734M | $676M | $570M | $585M |
| Net income | $662M | $586M | $593M | $493M | $494M |
| Operating cash flow | $584M | $724M | $776M | $653M | $755M |
| Capital expenditure | $253M | $285M | $362M | $377M | $286M |
| Free cash flow | $331M | $439M | $414M | $276M | $469M |
| R&D | $53M | $58M | $68M | $69M | $74M |
| Stock-based comp | $38M | $24M | $23M | $19M | $24M |
| Buybacks | $137M | $203M | $438M | $561M | $134M |
| Dividends | $51M | $54M | $57M | $59M | $61M |
| Cash | $763M | $894M | $854M | $485M | $791M |
| Total debt | $297M | $211M | $341M | $203M | $203M |
| Equity | $2.3B | $2.7B | $2.9B | $2.7B | $3.2B |
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