West Pharmaceutical Services (WST) Operating Income (2009 - 2026)
West Pharmaceutical Services' Operating Income was $179.1 million in Q2 2026, up 16.5% from $153.7 million a year earlier and up 1.1% from the prior quarter.
West Pharmaceutical Services (WST) Operating Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, West Pharmaceutical Services' Operating Income was $680.4 million through Jun 30, 2026, up 17.0% year-over-year; for FY2025, it was $584.9 million, up 2.6% from FY2024.
- Operating Income shows a five-year compound annual growth rate of 7.5% (FY2020 to FY2025).
- In earlier years, Operating Income was $569.9 million in FY2024 (-15.7%), $676 million in FY2023 (-7.9%), $734 million in FY2022 (-2.4%) and $752.3 million in FY2021 (+84.9%).
- The Q2 2026 figure marks the highest quarterly Operating Income since Q2 2023.
- Compared with a year earlier, Operating Income was higher in four of the last eight quarters, with growth averaging 10.4%.
- The best year-over-year quarter for Operating Income over five years was Q3 2021 (growth of 82.9%); the worst was Q2 2024 (a decline of 30.8%).
- Per Business Quant data, WST's Operating Income in the three quarters before Q2 2026 was $177.1 million (Q1 2026), $156.6 million (Q4 2025) and $167.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 2.09 Bn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 1.69 Bn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 1.13 Bn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 971.90 Mn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 1.76 Bn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 1.66 Bn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 1.18 Bn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 513.20 Mn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 663.00 Mn |
| 10 | West Pharmaceutical Services | 26.52 Bn | 24.14 Bn | 329.20 Mn | 179.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 179.10 Mn |
| Mar 31, 2026 | 177.10 Mn |
| Dec 31, 2025 | 156.60 Mn |
| Sep 30, 2025 | 167.60 Mn |
| Jun 30, 2025 | 153.70 Mn |
| Mar 31, 2025 | 107.00 Mn |
| Dec 31, 2024 | 159.60 Mn |
| Sep 30, 2024 | 161.30 Mn |
| Jun 30, 2024 | 126.20 Mn |
| Mar 31, 2024 | 122.80 Mn |
| Dec 31, 2023 | 160.90 Mn |
| Sep 30, 2023 | 177.30 Mn |
| Jun 30, 2023 | 182.50 Mn |
| Mar 31, 2023 | 155.30 Mn |
| Dec 31, 2022 | 129.70 Mn |
| Sep 30, 2022 | 186.20 Mn |
| Jun 30, 2022 | 228.40 Mn |
| Mar 31, 2022 | 189.70 Mn |
| Dec 31, 2021 | 184.00 Mn |
| Sep 30, 2021 | 181.40 Mn |
West Pharmaceutical Services Operating Income 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=operating-income&ticker=WST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=WST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();