West Pharmaceutical Services WST Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 36.3%+1.7pp | 35.9%+1.4pp | 35.6%+0.7pp | 35.3%-0.4pp | 34.5%-2.6pp | |
| Operating margin | 20.3%+1.2pp | 19%-0.7pp | 19.5%-0.4pp | 19.6%-0.8pp | 19.1%-2.8pp | |
| Net margin | 16.8%+0.7pp | 16.1%-1.0pp | 16.3%-1.1pp | 16.5%-1.8pp | 16.1%-3.3pp | |
| EBITDA margin | 25.8%+1.2pp | 24.6%-0.5pp | 24.9%-0.1pp | 25.1%-0.3pp | 24.6%-2.1pp | |
| Free cash flow margin | 14.2%+3.6pp | 15.3%+5.7pp | 12.6%+1.4pp | 11.6%-0.8pp | 10.6%-2.6pp | |
| Returns | ||||||
| Return on equity | 19.1%+1.7pp | 16.9%-0.9pp | 16.9%-0.8pp | 17.7%-2.0pp | 17.4%-3.4pp | |
| Return on assets | 14%+1.1pp | 12.5%-0.7pp | 12.6%-0.8pp | 13.1%-1.6pp | 12.9%-2.6pp | |
| Return on invested capital | 19.2%+1.4pp | 17.9%-1.3pp | 17.6%-1.8pp | 17.8%-2.9pp | 17.8%-5.4pp | |
| Efficiency | ||||||
| Asset turnover | 0.8×0.0× | 0.8×0.0× | 0.8×0.0× | 0.8×0.0× | 0.8×0.0× | |
| Inventory turnover | 4.9×+0.2× | 4.8×+0.1× | 4.6×+0.1× | 4.6×+0.3× | 4.6×+0.4× | |
| Liquidity | ||||||
| Current ratio | 2.7×-0.1× | 3×+0.2× | 2.9×-0.1× | 2.8×+0.4× | 2.8×+0.2× | |
| Quick ratio | 2×0.0× | 2.3×+0.2× | 2.2×0.0× | 2.1×+0.4× | 2×+0.1× | |
| Cash ratio | 0.8×0.0× | 1.2×+0.3× | 1×0.0× | 0.8×+0.1× | 0.8×-0.2× | |
| 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×-0.1× | -0.6×-0.4× | -0.4×-0.2× | -0.3×-0.1× | -0.1×+0.2× | |
| Per Share | ||||||
| Book value per share | $41.30+12.4% | $43.69+20.0% | $42.03+12.1% | $40.40+15.6% | $36.75+1.9% | |
| Valuation | ||||||
| Market capitalization | $18.07B+11.6% | $19.79B-16.6% | $18.86B-13.9% | $16B-33.9% | $16.18B-44.4% | |
| Enterprise value | $17.87B+11.1% | $19.33B-17.9% | $18.54B-14.7% | $15.8B-34.4% | $16.09B-44.1% | |
| Price / earnings | 33.3×-1.4× | 40.1×-8.1× | 38.4×-5.5× | 32.8×-13.3× | 34.6×-16.5× | |
| Price / sales | 5.6×0.0× | 6.4×-1.8× | 6.3×-1.4× | 5.4×-3.0× | 5.6×-4.3× | |
| Price / book | 6×0.0× | 6.2×-2.6× | 6.2×-1.8× | 5.5×-3.9× | 6×-4.8× | |
| EV / EBITDA | 21.5×-1.1× | 25.6×-6.9× | 24.6×-5.5× | 21.3×-11.7× | 22.6×-14.2× | |
| EV / sales | 5.5×0.0× | 6.3×-1.8× | 6.1×-1.4× | 5.3×-3.0× | 5.6×-4.3× | |
| Free cash flow yield | 2.5%+0.6pp | 2.4%+1.2pp | 2%+0.5pp | 2.2%+0.7pp | 1.9%+0.6pp | |
| Earnings yield | 3%+0.1pp | 2.5%+0.4pp | 2.6%+0.3pp | 3%+0.9pp | 2.9%+0.9pp | |
| Dividend yield | 0.3%0.0pp | 0.3%+0.1pp | 0.3%+0.1pp | 0.4%+0.1pp | 0.4%+0.2pp | |
| PEG ratio | 2.1×— | 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.
