West Pharmaceutical Services (WST) Return on Capital Employed (2010 - 2026)
West Pharmaceutical Services' (WST) quarterly Return on Capital Employed came in at 18.63% in Q1 2026, up 78.0% year-on-year from 10.47% in Q1 2025, and up 12.53% quarter-over-quarter from 16.56% in Q4 2025.
West Pharmaceutical Services (WST) Return on Capital Employed (2010 - 2026) Analysis & Trends
West Pharmaceutical Services has disclosed Return on Capital Employed across 17 years of filings, most recently posting 18.63% for Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 18.63%, up 78.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 18.63% (up 78.0% YoY), and the FY2025 annual result was 17.71%, down 17.0% from the prior year.
- Return on Capital Employed came in at 18.63% for Q1 2026 at West Pharmaceutical Services, up from 16.56% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 28.36% in Q2 2022 to a low of 16.56% in Q4 2025.
- The 5-year median for Return on Capital Employed is 20.29% (2023), against an average of 21.2%.
- Across the five-year window, Return on Capital Employed surged 653 bps in 2022 and sank 783 bps in 2023, its largest moves.
- West Pharmaceutical Services' Return on Capital Employed stood at 24.9% in 2022, then fell by 13 bps to 21.66% in 2023, then retreated by 15 bps to 18.33% in 2024, then decreased by 10 bps to 16.56% in 2025, then increased by 13 bps to 18.63% in 2026.
- The last three Return on Capital Employed figures came in at 18.63% (Q1 2026), 16.56% (Q4 2025), and 17.32% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | 17.54% |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 5.02% |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | - |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | 25.95% |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 18.63% |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | 19.44% |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | 4.68% |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | 12.74% |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | 13.02% |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 Mn | 12.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.63% |
| Dec 31, 2025 | 16.56% |
| Sep 30, 2025 | 17.32% |
| Jun 30, 2025 | 18.28% |
| Mar 31, 2025 | 17.85% |
| Dec 31, 2024 | 18.33% |
| Sep 30, 2024 | 18.63% |
| Jun 30, 2024 | 20.16% |
| Mar 31, 2024 | 20.98% |
| Dec 31, 2023 | 21.66% |
| Sep 30, 2023 | 20.29% |
| Jun 30, 2023 | 20.52% |
| Mar 31, 2023 | 22.31% |
| Dec 31, 2022 | 24.90% |
| Sep 30, 2022 | 27.35% |
| Jun 30, 2022 | 28.36% |
| Mar 31, 2022 | 28.18% |
| Dec 31, 2021 | 28.56% |
| Sep 30, 2021 | 27.60% |
| Jun 30, 2021 | 25.47% |