Growth Metrics

West Pharmaceutical Services (WST) Gross Margin (2016 - 2026)

West Pharmaceutical Services has reported Gross Margin over the past 18 years, most recently at 35.08% for Q1 2026.

  • Quarterly Gross Margin rose 186.0% to 35.08% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 36.28% through Mar 2026, up 174.0% year-over-year, with the annual reading at 35.91% for FY2025, 140.0% up from the prior year.
  • Gross Margin was 35.08% for Q1 2026 at West Pharmaceutical Services, down from 37.75% in the prior quarter.
  • Over five years, Gross Margin peaked at 41.68% in Q2 2022 and troughed at 32.76% in Q2 2024.
  • The 5-year median for Gross Margin is 36.98% (2022), against an average of 36.85%.
  • Biggest five-year swings in Gross Margin: tumbled -590bps in 2024 and later surged 297bps in 2025.
  • Tracing WST's Gross Margin over 5 years: stood at 36.98% in 2022, then grew by 3bps to 38.01% in 2023, then decreased by -4bps to 36.54% in 2024, then increased by 3bps to 37.75% in 2025, then dropped by -7bps to 35.08% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods came in at 35.08%, 37.75%, and 36.58% for Q1 2026, Q4 2025, and Q3 2025 respectively.