West Pharmaceutical Services (WST) Net Margin (2009 - 2026)
West Pharmaceutical Services recorded quarterly Net Margin of 16.03% in Q1 2026, up 0.63% quarter-over-quarter from 15.93% in Q4 2025, and up 365.0% year-over-year from 3.45% in Q1 2025.
West Pharmaceutical Services' Net Margin history runs 18 years deep, the most recent figure standing at 16.03% for Q1 2026.
- In Q1 2026, Net Margin rose 365.0% year-over-year to 16.03%; the TTM figure through Mar 2026 stood at 16.4% (up 74.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 17.63% and a median of 17.11% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin tumbled 708 bps in 2022 and soared 423 bps in 2023, its largest moves.
- West Pharmaceutical Services' Net Margin stood at 14.08% in 2022, then increased by 30 bps to 18.27% in 2023, then decreased by 6 bps to 17.11% in 2024, then slipped by 7 bps to 15.93% in 2025, then gained by 1 bps to 16.03% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 16.03%, 15.93%, and 17.14% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 29.81% |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | -5.81% |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 27.86% |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 16.03% |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 0.65% |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 12.77% |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 10.84% |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 0.07% |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 7.40% |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | 4.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | 21.80% |
| Dec 31, 2020 | 16.32% |
| Sep 30, 2020 | 13.98% |
| Jun 30, 2020 | 16.31% |
| Mar 31, 2020 | 14.55% |
| Dec 31, 2019 | 12.94% |
| Sep 30, 2019 | 11.84% |
| Jun 30, 2019 | 13.65% |
| Mar 31, 2019 | 12.13% |
| Dec 31, 2018 | 12.05% |
| Sep 30, 2018 | 12.30% |
| Jun 30, 2018 | 12.09% |
| Mar 31, 2018 | 9.91% |
| Dec 31, 2017 | -0.60% |
| Sep 30, 2017 | 12.28% |
| Jun 30, 2017 | 9.51% |
| Mar 31, 2017 | 14.78% |
| Dec 31, 2016 | 9.70% |
| Sep 30, 2016 | 9.26% |
| Jun 30, 2016 | 10.95% |
| Mar 31, 2016 | 5.77% |
| Dec 31, 2015 | 8.73% |
| Sep 30, 2015 | -0.03% |
| Jun 30, 2015 | 7.48% |
| Mar 31, 2015 | 9.41% |
| Dec 31, 2014 | 8.55% |
| Sep 30, 2014 | 8.32% |
| Jun 30, 2014 | 9.87% |
| Mar 31, 2014 | 7.47% |
| Dec 31, 2013 | 6.65% |
| Sep 30, 2013 | 7.34% |
| Jun 30, 2013 | 8.27% |
| Mar 31, 2013 | 8.99% |
| Dec 31, 2012 | 6.56% |
| Sep 30, 2012 | 4.41% |
| Jun 30, 2012 | 4.16% |
| Mar 31, 2012 | 8.85% |
| Dec 31, 2011 | 5.89% |
| Sep 30, 2011 | 5.25% |
| Jun 30, 2011 | 5.91% |
| Mar 31, 2011 | 6.16% |
| Dec 31, 2010 | 1.88% |
| Sep 30, 2010 | 6.15% |
| Jun 30, 2010 | 7.13% |
| Mar 31, 2010 | 6.84% |
| Dec 31, 2009 | 4.81% |
| Sep 30, 2009 | 6.33% |
| Jun 30, 2009 | 7.36% |