West Pharmaceutical Services (WST) Operating Leases (2019 - 2026)
West Pharmaceutical Services (WST) recorded Operating Leases of $88.3 million in Q2 2026, up 10.7% from $79.8 million a year earlier but down 4.0% from the prior quarter.
West Pharmaceutical Services (WST) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, West Pharmaceutical Services reported Operating Leases of $95.6 million, up 16.9% from FY2024.
- Annual Operating Leases has a five-year compound annual growth rate of 9.6% (FY2020 to FY2025).
- Across earlier years, Operating Leases came in at $81.8 million in FY2024 (-3.2%), $84.5 million in FY2023 (-9.1%), $93 million in FY2022 (+47.6%) and $63 million in FY2021 (+4.3%).
- Quarterly Operating Leases has ranged from $53.4 million in Q3 2021 to $95.6 million in Q4 2025 over the past five years.
- On a year-over-year basis, Operating Leases has increased for three consecutive quarters, with growth averaging 2.4% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 47.6% in Q4 2022, against a decline of 10.9% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $92 million (Q1 2026), $95.6 million (Q4 2025) and $73.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn |
| 10 | West Pharmaceutical Services | 26.52 Bn | 24.14 Bn | 329.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 88.30 Mn |
| Mar 31, 2026 | 92.00 Mn |
| Dec 31, 2025 | 95.60 Mn |
| Sep 30, 2025 | 73.50 Mn |
| Jun 30, 2025 | 79.80 Mn |
| Mar 31, 2025 | 78.80 Mn |
| Dec 31, 2024 | 81.80 Mn |
| Sep 30, 2024 | 82.30 Mn |
| Jun 30, 2024 | 84.60 Mn |
| Mar 31, 2024 | 82.40 Mn |
| Dec 31, 2023 | 84.50 Mn |
| Sep 30, 2023 | 83.00 Mn |
| Jun 30, 2023 | 87.30 Mn |
| Mar 31, 2023 | 89.90 Mn |
| Dec 31, 2022 | 93.00 Mn |
| Sep 30, 2022 | 77.20 Mn |
| Jun 30, 2022 | 70.20 Mn |
| Mar 31, 2022 | 68.90 Mn |
| Dec 31, 2021 | 63.00 Mn |
| Sep 30, 2021 | 53.40 Mn |
West Pharmaceutical Services Operating Leases 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-leases&ticker=WST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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-leases&ticker=WST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();