West Pharmaceutical Services (WST) Intangibles (2009 - 2026)
West Pharmaceutical Services' Intangibles came in at $6.4 million for Q2 2026, down 34.0% from $9.7 million a year earlier and down 8.6% from the prior quarter.
West Pharmaceutical Services (WST) Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, West Pharmaceutical Services' Intangibles was $7.7 million, down 28.7% from FY2024.
- Intangibles has declined in each of the last five years, with a five-year compound annual growth rate of -24.1% (FY2020 to FY2025).
- Going back by year, Intangibles was $10.8 million in FY2024 (-28.5%), $15.1 million in FY2023 (-17.9%), $18.4 million in FY2022 (-20.0%) and $23 million in FY2021 (-24.6%).
- The Q2 2026 figure represents the lowest quarterly Intangibles in data going back to Q4 2009.
- Year-over-year, Intangibles has declined for 21 consecutive quarters, with an average decline of 27.9% over the last eight quarters.
- The year-over-year decline in Intangibles has ranged between 13.3% (Q3 2023) and 34.0% (Q2 2026) over the last five years.
- Business Quant data shows WST's Intangibles at $7 million (Q1 2026), $7.7 million (Q4 2025) and $8.9 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 18.61 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 17.21 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 21.36 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 1.14 Bn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 10.24 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 5.74 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 6.92 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 1.38 Bn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 448.00 Mn |
| 10 | West Pharmaceutical Services | 26.08 Bn | 23.71 Bn | 329.20 Mn | 6.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.40 Mn |
| Mar 31, 2026 | 7.00 Mn |
| Dec 31, 2025 | 7.70 Mn |
| Sep 30, 2025 | 8.90 Mn |
| Jun 30, 2025 | 9.70 Mn |
| Mar 31, 2025 | 10.00 Mn |
| Dec 31, 2024 | 10.80 Mn |
| Sep 30, 2024 | 12.30 Mn |
| Jun 30, 2024 | 12.90 Mn |
| Mar 31, 2024 | 13.90 Mn |
| Dec 31, 2023 | 15.10 Mn |
| Sep 30, 2023 | 15.70 Mn |
| Jun 30, 2023 | 16.80 Mn |
| Mar 31, 2023 | 17.80 Mn |
| Dec 31, 2022 | 18.40 Mn |
| Sep 30, 2022 | 18.10 Mn |
| Jun 30, 2022 | 20.00 Mn |
| Mar 31, 2022 | 21.80 Mn |
| Dec 31, 2021 | 23.00 Mn |
| Sep 30, 2021 | 26.10 Mn |
West Pharmaceutical Services Intangibles 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=intangibles&ticker=WST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=WST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();