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

West Pharmaceutical Services' (WST) quarterly Net Margin came in at 16.03% in Q1 2026, up 365.0% year-on-year from 3.45% in Q1 2025, and up 0.63% quarter-over-quarter from 15.93% in Q4 2025.

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 16.03% for Q1 2026.

  • Net Margin for Q1 2026 came in at 16.03%, up 365.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 16.4% (up 74.0% YoY), and the FY2025 annual result was 15.59%, down 93.0% from the prior year.
  • Net Margin came in at 16.03% for Q1 2026 at West Pharmaceutical Services, up from 15.93% 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.
  • The 5-year median for Net Margin is 17.11% (2024), against an average of 17.63%.
  • Across the five-year window, Net Margin plunged 708 bps in 2022 and surged 423 bps in 2023, its largest moves.
  • West Pharmaceutical Services' Net Margin stood at 14.08% in 2022, then grew by 30 bps to 18.27% in 2023, then retreated by 6 bps to 17.11% in 2024, then decreased by 7 bps to 15.93% in 2025, then rose by 1 bps to 16.03% in 2026.
  • The last three Net Margin figures came in at 16.03% (Q1 2026), 15.93% (Q4 2025), and 17.14% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn 29.81%
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn -5.81%
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn 3.25%
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 27.86%
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 16.03%
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 0.65%
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn -7.20%
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn 10.84%
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn 0.07%
10 Aptargroup 7.72 Bn 7.52 Bn 351.91 Mn 7.40%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 24.70%