West Pharmaceutical Services (WST) Dividend Coverage Ratio (2009 - 2026)
West Pharmaceutical Services' (WST) Dividend Coverage Ratio was 9.81 for Q2 2026, up 12.4% from 8.73 a year earlier and up 11.7% from the prior quarter.
West Pharmaceutical Services (WST) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, West Pharmaceutical Services' Dividend Coverage Ratio came in at 9.05, up 11.6% year-over-year; for FY2025, it came in at 8.07, down 3.2% from FY2024.
- Dividend Coverage Ratio has declined for four consecutive years.
- By year, Dividend Coverage Ratio came in at 8.34 in FY2024 (-19.9%), 10.41 in FY2023 (-3.9%), 10.83 in FY2022 (-16.4%) and 12.95 in FY2021 (+79.9%).
- The Q2 2026 figure ranks as the highest quarterly Dividend Coverage Ratio since Q3 2023.
- Year over year, Dividend Coverage Ratio gained in three of the last eight quarters, with growth averaging 2.7%.
- The high point for year-over-year Dividend Coverage Ratio in five years was Q3 2021 (growth of 101.5%); the low point was Q3 2022 (a decline of 35.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 8.78 (Q1 2026), 8.36 (Q4 2025) and 9.27 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 9.92 |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 0.84 |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | - |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | - |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 1.60 |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | - |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | - |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | - |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | - |
| 10 | West Pharmaceutical Services | 26.52 Bn | 24.14 Bn | 329.20 Mn | 9.81 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.81 |
| Mar 31, 2026 | 8.78 |
| Dec 31, 2025 | 8.36 |
| Sep 30, 2025 | 9.27 |
| Jun 30, 2025 | 8.73 |
| Mar 31, 2025 | 5.91 |
| Dec 31, 2024 | 8.50 |
| Sep 30, 2024 | 9.38 |
| Jun 30, 2024 | 7.62 |
| Mar 31, 2024 | 7.84 |
| Dec 31, 2023 | 9.26 |
| Sep 30, 2023 | 11.52 |
| Jun 30, 2023 | 11.00 |
| Mar 31, 2023 | 9.93 |
| Dec 31, 2022 | 7.30 |
| Sep 30, 2022 | 8.93 |
| Jun 30, 2022 | 14.39 |
| Mar 31, 2022 | 12.97 |
| Dec 31, 2021 | 11.11 |
| Sep 30, 2021 | 13.94 |
West Pharmaceutical Services Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=WST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "WST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=WST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();