Other
Tax Provision (Benefit) on Currency Translation Adjustment
West Pharmaceutical Services Tax Provision (Benefit) on Currency Translation Adjustment decreased by 85.7% to $100.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 109.1%, from -$1.10M to $100.00K.
Analysis
StatementIncome Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ2 2021
Last reportedQ1 2026Apr 23, 2026
How to read this metric
Reflects the tax efficiency of managing foreign currency exposures; usually a secondary adjustment to comprehensive income.
Detailed definition
Represents the tax impact associated with foreign currency translation adjustments recorded in other comprehensive incom...
Peer comparison
Specific to companies with significant international operations and complex tax structures.
Metric ID:
tmo_tax_provision_on_currency_translationHistorical Data
15 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $300.00K | $100.00K | $1.00M | $1.70M | $1.10M | $200.00K | $1.30M | $400.00K | $1.00M | $700.00K | -$2.50M | -$1.10M | -$1.00M | $700.00K | $100.00K |
| QoQ Change | — | -66.7% | +900.0% | +70.0% | -35.3% | -81.8% | +550.0% | -69.2% | +150.0% | -30.0% | -457.1% | +56.0% | +9.1% | +170.0% | -85.7% |
| YoY Change | — | — | — | +466.7% | >999% | -80.0% | -23.5% | -63.6% | +400.0% | -46.2% | -725.0% | -210.0% | -242.9% | +128.0% | +109.1% |
Range-$2.50M – $1.70M
CAGR-26.9%
Avg YoY Growth+59.4%
Median YoY Growth-34.8%
Tax Provision (Benefit) on Currency Translation Adjustment at Other Companies
Frequently Asked Questions
- What is West Pharmaceutical Services's tax provision (benefit) on currency translation adjustment?
- West Pharmaceutical Services (WST) reported tax provision (benefit) on currency translation adjustment of $100.00K in Q1 2026.
- How has West Pharmaceutical Services's tax provision (benefit) on currency translation adjustment changed year-over-year?
- West Pharmaceutical Services's tax provision (benefit) on currency translation adjustment increased by 109.1% year-over-year, from -$1.10M to $100.00K.
- What does tax provision (benefit) on currency translation adjustment mean?
- The tax effect related to foreign currency translation gains or losses.