West Pharmaceutical Services WST Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 36.3%+0.4pp | 35.9%+0.3pp | 35.6%+0.3pp | 35.3%+0.7pp | 34.5%0.0pp | |
| Operating margin | 20.3%+1.3pp | 19%-0.5pp | 19.5%-0.2pp | 19.6%+0.5pp | 19.1%-0.6pp | |
| Net margin | 16.8%+0.8pp | 16.1%-0.2pp | 16.3%-0.2pp | 16.5%+0.3pp | 16.1%-0.9pp | |
| EBITDA margin | 25.8%+1.2pp | 24.6%-0.3pp | 24.9%-0.2pp | 25.1%+0.5pp | 24.6%-0.4pp | |
| Free cash flow margin | 14.2%-1.0pp | 15.3%+2.7pp | 12.6%+0.9pp | 11.6%+1.0pp | 10.6%+1.0pp | |
| Returns | ||||||
| Return on equity | 19.1%+2.3pp | 16.9%-0.1pp | 16.9%-0.8pp | 17.7%+0.3pp | 17.4%-0.3pp | |
| Return on assets | 14%+1.6pp | 12.5%-0.2pp | 12.6%-0.5pp | 13.1%+0.2pp | 12.9%-0.2pp | |
| Return on invested capital | 19.2%+1.3pp | 17.9%+0.3pp | 17.6%-0.2pp | 17.8%+0.1pp | 17.8%-1.5pp | |
| Efficiency | ||||||
| Asset turnover | 0.8×+0.1× | 0.8×0.0× | 0.8×0.0× | 0.8×0.0× | 0.8×0.0× | |
| Inventory turnover | 4.9×+0.1× | 4.8×+0.2× | 4.6×+0.1× | 4.6×-0.1× | 4.6×0.0× | |
| Liquidity | ||||||
| Current ratio | 2.7×-0.3× | 3×+0.2× | 2.9×+0.1× | 2.8×0.0× | 2.8×0.0× | |
| Quick ratio | 2×-0.3× | 2.3×+0.2× | 2.2×+0.1× | 2.1×+0.1× | 2×-0.1× | |
| Cash ratio | 0.8×-0.4× | 1.2×+0.2× | 1×+0.1× | 0.8×+0.1× | 0.8×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Debt-to-assets | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Net debt / EBITDA | -0.2×+0.4× | -0.6×-0.2× | -0.4×-0.2× | -0.3×-0.1× | -0.1×+0.1× | |
| Per Share | ||||||
| Book value per share | $41.30-5.5% | $43.69+3.9% | $42.03+4.0% | $40.40+9.9% | $36.75+1.0% | |
| Valuation | ||||||
| Market capitalization | $18.07B-8.7% | $19.79B+4.9% | $18.86B+17.9% | $16B-1.2% | $16.18B-31.8% | |
| Enterprise value | $17.87B-7.6% | $19.33B+4.3% | $18.54B+17.4% | $15.8B-1.8% | $16.09B-31.7% | |
| Price / earnings | 33.3×-6.8× | 40.1×+1.7× | 38.4×+5.6× | 32.8×-1.8× | 34.6×-13.5× | |
| Price / sales | 5.6×-0.8× | 6.4×+0.2× | 6.3×+0.8× | 5.4×-0.2× | 5.6×-2.6× | |
| Price / book | 6×-0.2× | 6.2×+0.1× | 6.2×+0.7× | 5.5×-0.6× | 6×-2.8× | |
| EV / EBITDA | 21.5×-4.1× | 25.6×+0.9× | 24.6×+3.4× | 21.3×-1.3× | 22.6×-9.9× | |
| EV / sales | 5.5×-0.7× | 6.3×+0.1× | 6.1×+0.8× | 5.3×-0.2× | 5.6×-2.6× | |
| Free cash flow yield | 2.5%+0.2pp | 2.4%+0.4pp | 2%-0.1pp | 2.2%+0.3pp | 1.9%+0.7pp | |
| Earnings yield | 3%+0.5pp | 2.5%-0.1pp | 2.6%-0.4pp | 3%+0.2pp | 2.9%+0.8pp | |
| Dividend yield | 0.3%0.0pp | 0.3%0.0pp | 0.3%-0.1pp | 0.4%0.0pp | 0.4%+0.1pp | |
| PEG ratio | 2.1×-195× | 197.5×— | —— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are West Pharmaceutical Services's profit margins?
- West Pharmaceutical Services (WST) runs a 36.3% gross margin and a 20.3% operating margin, with a 16.8% net margin.
- Where do West Pharmaceutical Services's ratios come from?
- Every ratio is computed from West Pharmaceutical Services's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
