West Pharmaceutical Services (WST) FCF Margin (2009 - 2026)
West Pharmaceutical Services' (WST) quarterly FCF Margin came in at 7.55% in Q1 2026, down 77.0% year-on-year from 32.83% in Q1 2025, and down 65.26% quarter-over-quarter from 21.74% in Q4 2025.
West Pharmaceutical Services (WST) FCF Margin (2009 - 2026) Analysis & Trends
West Pharmaceutical Services has disclosed FCF Margin across 18 years of filings, most recently posting 7.55% for Q1 2026.
- FCF Margin for Q1 2026 came in at 7.55%, down 77.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.73% (down 550.0% YoY), and the FY2025 annual result was 15.25%, down 550.0% from the prior year.
- FCF Margin came in at 7.55% for Q1 2026 at West Pharmaceutical Services, down from 21.74% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 54.65% in Q4 2022 to a low of 6.75% in Q3 2024.
- The 5-year median for FCF Margin is 13.87% (2022), against an average of 17.8%.
- Across the five-year window, FCF Margin slumped 3684 bps in 2023 and surged 3683 bps in 2024, its largest moves.
- West Pharmaceutical Services' FCF Margin stood at 54.65% in 2022, then slumped by 67 bps to 17.81% in 2023, then surged by 207 bps to 54.65% in 2024, then tumbled by 60 bps to 21.74% in 2025, then plunged by 65 bps to 7.55% in 2026.
- The last three FCF Margin figures came in at 7.55% (Q1 2026), 21.74% (Q4 2025), and 16.64% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 29.18% |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 11.58% |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | 4.30% |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 36.36% |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 7.55% |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | -13.60% |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | 8.91% |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 11.56% |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 2.81% |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 Mn | 5.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.55% |
| Dec 31, 2025 | 21.74% |
| Sep 30, 2025 | 16.64% |
| Jun 30, 2025 | 13.29% |
| Mar 31, 2025 | 8.32% |
| Dec 31, 2024 | 54.65% |
| Sep 30, 2024 | -6.75% |
| Jun 30, 2024 | 24.08% |
| Mar 31, 2024 | 10.43% |
| Dec 31, 2023 | 17.81% |
| Sep 30, 2023 | 17.97% |
| Jun 30, 2023 | 12.44% |
| Mar 31, 2023 | 7.81% |
| Dec 31, 2022 | 54.65% |
| Sep 30, 2022 | 16.17% |
| Jun 30, 2022 | 13.87% |
| Mar 31, 2022 | 11.86% |
| Dec 31, 2021 | 40.59% |
| Sep 30, 2021 | 17.66% |
| Jun 30, 2021 | 12.09% |