Non-Current Liabilities

Retirement and nonpension postretirement benefit obligations

West Pharmaceutical Services Retirement and nonpension postretirement benefit obligations decreased by 1.7% to $28.50M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.3%, from $28.60M to $28.50M. Over 5 years (FY 2020 to FY 2025), Retirement and nonpension postretirement benefit obligations shows a downward trend with a -12.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

An increase may signal underfunded plans requiring future cash contributions, while a decrease suggests improved funding status.

Detailed definition

This represents the long-term liability associated with defined benefit pension plans and other post-retirement benefits...

Peer comparison

Highly dependent on legacy workforce size and plan structure; common in mature industrial manufacturing firms.

Metric ID: non_current_liabilities_pension_and_other_postretirement_0d4947

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$54.00M$52.10M$40.50M$38.70M$36.80M$35.20M$28.20M$27.20M$27.30M$28.40M$29.60M$28.90M$29.10M$30.20M$28.20M$28.60M$30.80M$31.10M$29.00M$28.50M
QoQ Change-3.5%-22.3%-4.4%-4.9%-4.3%-19.9%-3.5%+0.4%+4.0%+4.2%-2.4%+0.7%+3.8%-6.6%+1.4%+7.7%+1.0%-6.8%-1.7%
YoY Change-31.9%-32.4%-30.4%-29.7%-25.8%-19.3%+5.0%+6.3%+6.6%+6.3%-4.7%-1.0%+5.8%+3.0%+2.8%-0.3%
Range$27.20M$54.00M
CAGR-12.6%
Avg YoY Growth-8.7%
Median YoY Growth-0.7%
Current Streak2 quarters decline

Frequently Asked Questions

What is West Pharmaceutical Services's retirement and nonpension postretirement benefit obligations?
West Pharmaceutical Services (WST) reported retirement and nonpension postretirement benefit obligations of $28.50M in Q1 2026.
How has West Pharmaceutical Services's retirement and nonpension postretirement benefit obligations changed year-over-year?
West Pharmaceutical Services's retirement and nonpension postretirement benefit obligations decreased by 0.3% year-over-year, from $28.60M to $28.50M.
What is the long-term trend for West Pharmaceutical Services's retirement and nonpension postretirement benefit obligations?
Over 5 years (2020 to 2025), West Pharmaceutical Services's retirement and nonpension postretirement benefit obligations has grown at a -12.8% compound annual growth rate (CAGR), from $57.50M to $29.00M.
What does retirement and nonpension postretirement benefit obligations mean?
Long-term obligations for employee pension and retirement benefits.