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West Pharmaceutical Services WST Operating Lease Liabilities

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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:OperatingLeaseLiabilityNoncurrent.

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
(in millions, except per share data)June 30,2026December 31,2025
Long-term debt202.9202.8
Deferred income taxes22.423.0
Pension and other postretirement benefits28.329.0
Operating lease liabilities88.395.6
Deferred compensation benefits13.913.5
Other long-term liabilities89.975.2
Total Liabilities1,086.21,094.0
Commitments and contingencies (Note 16)

Item 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is West Pharmaceutical Services's operating lease liabilities?
West Pharmaceutical Services (WST) reported operating lease liabilities of $88.3M in Q2 2026.
How has West Pharmaceutical Services's operating lease liabilities changed year-over-year?
West Pharmaceutical Services's operating lease liabilities increased by 10.7% year-over-year, from $79.8M to $88.3M.
What is the long-term trend for West Pharmaceutical Services's operating lease liabilities?
Over 5 years (2020 to 2025), West Pharmaceutical Services's operating lease liabilities has grown at a 9.6% compound annual growth rate (CAGR), from $60.4M to $95.6M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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