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Other financials

Income statement

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Revenue$872.3M+13.8%
Gross profit$329.2M+20.2%
Operating income$179.1M+16.5%
Net income$154.0M+16.8%
EPS (diluted)$2.15+18.1%

Balance sheet

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Cash & equivalents$435.8M-14.5%
Total debt$316.5M+2.7%
Total equity$3.0B+2.1%
Total assets$4.1B+3.1%

Cash flow

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Operating cash flow$124.0M-30.0%
CapEx$43.2M-42.6%
Free cash flow$80.8M-20.7%

Valuation

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Market cap$24.53B+43.8%
Enterprise value$24.41B+44.8%
P/E43.4×+8.4×
P/S7.4×+1.6×

Profitability

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Gross margin36.8%+1.5pp
Operating margin20.5%+0.8pp
Net margin17%+0.5pp
FCF margin13.1%+1.5pp

Returns & leverage

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Return on equity19.1%+1.4pp
Debt / equity0.1×0.0×
Current ratio2.8×0.0×

Where this comes from

Reported directly by West Pharmaceutical Services in its filing.

Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.

The source filing: West Pharmaceutical Services’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000105770-26-000099
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Amortization1.11.5
Stock-based compensation17.58.7
Non-cash restructuring charges1.91.6
Asset impairments4.24.1
Other non-cash items, net(5.0)(6.9)
Changes in assets and liabilities(188.9)(4.0)
Net cash provided by operating activities213.9306.5
Cash flows from investing activities:

Item 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is West Pharmaceutical Services's asset write-downs?
West Pharmaceutical Services (WST) reported asset write-downs of $3.9M in Q2 2026.
How has West Pharmaceutical Services's asset write-downs changed year-over-year?
West Pharmaceutical Services's asset write-downs increased by 2.6% year-over-year, from $3.8M to $3.9M.
What is the long-term trend for West Pharmaceutical Services's asset write-downs?
Over 4 years (2021 to 2025), West Pharmaceutical Services's asset write-downs has grown at a 20.2% compound annual growth rate (CAGR), from $5.6M to $11.7M.

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