Discontinued — last reported Q3 '23
Business Segments · Revenue
Packaging Systems — Revenue
West Pharmaceutical Services Packaging Systems — Revenue increased by 6.3% to $602.50M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 6.3%, from $567.00M to $602.50M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2013
Last reportedQ3 2023
Rolls up toTotal Revenue
How to read this metric
An increase indicates strong demand for the company's core pharmaceutical packaging products, while a decrease may signal market saturation or competitive pressure.
Detailed definition
This metric represents the total revenue generated by the Packaging Systems business segment, which focuses on elastomer...
Peer comparison
Comparable to segment-level net sales reported by other medical device or pharmaceutical packaging manufacturers.
Metric ID:
wst_segment_packaging_systems_revenuesHistorical Data
5 periods
| Q2 '21 | Q3 '21 | Q2 '22 | Q3 '22 | Q3 '23 | |
|---|---|---|---|---|---|
| Value | $587.30M | $577.00M | $653.70M | $567.00M | $602.50M |
| QoQ Change | — | -1.8% | +13.3% | -13.3% | +6.3% |
| YoY Change | — | — | +11.3% | -1.7% | +6.3% |
Range$567.00M – $653.70M
CAGR+2.6%
Avg YoY Growth+5.3%
Median YoY Growth+6.3%
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Frequently Asked Questions
- What is West Pharmaceutical Services's packaging systems — revenue?
- West Pharmaceutical Services (WST) reported packaging systems — revenue of $602.50M in Q3 2023.
- How has West Pharmaceutical Services's packaging systems — revenue changed year-over-year?
- West Pharmaceutical Services's packaging systems — revenue increased by 6.3% year-over-year, from $567.00M to $602.50M.
- What does packaging systems — revenue mean?
- Total sales generated specifically by the Packaging Systems business unit.