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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$24.7B+44.8%
Enterprise value$24.58B+45.8%
P/E43.7×+8.7×
P/S7.4×+1.7×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: West Pharmaceutical Services’s 10-K, filed February 17, 2026.

Filed
Feb 17, 2026, 4:28 PM EST
Fiscal year
FY2025
Accession
0000105770-26-000010
($ in millions)Net Sales / 2025Net Sales / 2024Net Sales / 2023Long-Lived Assets / 2025Long-Lived Assets / 2024
United States$1,329.6$1,230.8$1,238.5$834.7$832.0
Germany380.3372.5406.1233.2191.1
Ireland333.3323.2285.7366.3299.6
France226.6242.2282.9113.384.7
Other European countries451.0385.5388.1108.798.1
Other353.3339.0348.5221.9210.3
$3,074.1$2,893.2$2,949.8$1,878.1$1,715.8

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is West Pharmaceutical Services's other — net sales?
West Pharmaceutical Services (WST) reported other — net sales of $88.33M in Q4 2025.
How has West Pharmaceutical Services's other — net sales changed year-over-year?
West Pharmaceutical Services's other — net sales increased by 4.2% year-over-year, from $84.75M to $88.33M.
What is the long-term trend for West Pharmaceutical Services's other — net sales?
Over 4 years (2021 to 2025), West Pharmaceutical Services's other — net sales has grown at a -0.3% compound annual growth rate (CAGR), from $357.4M to $353.3M.
What does other — net sales mean?
This metric represents the total revenue generated from external customers within the 'Other' geographic segment, excluding intersegment eliminations. It captures sales performance in regions outside of the company's primary reporting territories, reflecting the geographic diversification of the business. Monitoring this helps assess the company's market penetration and growth trajectory in emerging or secondary international markets.

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