West Pharmaceutical Services WST
NYSE WST
$337.09 -0.66 (-0.20%)
As of: Sep 9, 2026 · 3:59 PM EDT

West Pharmaceutical Services (WST) Net Margin (2009 - 2026)

West Pharmaceutical Services' (WST) quarterly Net Margin came in at 16.96% in Q2 2026, up 41.0% year-over-year from 12.02% in Q2 2025, and up 5.8% quarter-over-quarter from 16.03% in Q1 2026.

Analysis

West Pharmaceutical Services (WST) Net Margin (2009 - 2026) Analysis & Trends

West Pharmaceutical Services has disclosed Net Margin across 18 years of filings, most recently posting 16.96% for Q2 2026.

  • In Q2 2026, Net Margin rose 41.0% year-over-year to 16.96%; the TTM figure through Jun 2026 stood at 16.51% (up 52.0% YoY), while the FY2025 annual figure was 15.59%, down 93.0% from the prior year.
  • Net Margin came in at 16.96% for Q2 2026 at West Pharmaceutical Services, up from 16.03% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 23.73% in Q2 2022 to a low of 12.38% in Q1 2025.
  • Average Net Margin over 5 years is 17.6%, with a median of 17.03% recorded in 2024.
  • Year-over-year, Net Margin tumbled 708 bps in 2022 and soared 423 bps in 2023.
  • Over 5 years, Net Margin stood at 14.08% in 2022, then increased by 30 bps to 18.27% in 2023, then dropped by 6 bps to 17.11% in 2024, then decreased by 7 bps to 15.93% in 2025, then grew by 6 bps to 16.96% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 16.96% in Q2 2026, 16.03% in Q1 2026, and 15.93% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Becton Dickinson 49.48 Bn 48.62 Bn 2.32 Bn 7.59%
2 Medline 29.24 Bn 26.56 Bn 2.22 Bn 1.81%
3 West Pharmaceutical Services 23.94 Bn 23.51 Bn 329.20 Mn 16.96%
4 Baxter International 12.66 Bn 10.51 Bn 1.03 Bn 4.26%
5 Stevanato Group S.p.A 5.51 Bn 5.40 Bn 100.91 Mn 7.60%
6 Acme United 233.67 Mn 228.63 Mn 26.69 Mn 8.05%
7 Rockwell Medical 31.87 Mn 7.07 Mn 3.24 Mn -7.32%
8 Retractable Technologies 21.39 Mn -18.48 Mn 190,852.00 38.51%
9 United Health Products 9.09 Mn 9.06 Mn - -
10 Cuprina Holdings (Cayman) 7.45 Mn 4.33 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 16.96%
Mar 31, 2026 16.03%
Dec 31, 2025 15.93%
Sep 30, 2025 17.14%
Jun 30, 2025 16.54%
Mar 31, 2025 12.38%
Dec 31, 2024 17.11%
Sep 30, 2024 17.69%
Jun 30, 2024 15.21%
Mar 31, 2024 15.96%
Dec 31, 2023 18.27%
Sep 30, 2023 21.09%
Jun 30, 2023 19.91%
Mar 31, 2023 18.74%
Dec 31, 2022 14.08%
Sep 30, 2022 16.86%
Jun 30, 2022 23.73%
Mar 31, 2022 23.14%
Dec 31, 2021 20.21%
Sep 30, 2021 23.93%