West Pharmaceutical Services (WST) Return on Capital Employed [ROCE] (2010 - 2026)
West Pharmaceutical Services (WST) posted Return on Capital Employed [ROCE] of 19.71% for Q2 2026, up 1.42 percentage points from 18.28% a year earlier and up 1.08 percentage points from the prior quarter.
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Analysis
West Pharmaceutical Services (WST) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, West Pharmaceutical Services' Return on Capital Employed [ROCE] came in at 17.71%, down 0.17 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has declined for four consecutive years, with a five-year change of -2.00 percentage points (FY2020 to FY2025).
- In prior years, West Pharmaceutical Services' Return on Capital Employed [ROCE] was 17.89% in FY2024 (-4.27 pp), 22.15% in FY2023 (-2.76 pp), 24.91% in FY2022 (-5.67 pp) and 30.59% in FY2021 (+10.87 pp).
- The Q2 2026 figure stands as the highest quarterly Return on Capital Employed [ROCE] since Q2 2024.
- On a year-over-year basis, Return on Capital Employed [ROCE] increased in two of the last eight quarters, with an average year-over-year change of -1.36 percentage points.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q4 2021, with a gain of 9.94 percentage points; the weakest was Q2 2023, with a drop of 7.83 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 18.63% (Q1 2026), 16.56% (Q4 2025) and 17.32% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 8.30% |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 7.98% |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 6.42% |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 18.58% |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 8.34% |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 13.69% |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 10.83% |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 11.99% |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 6.00% |
| 10 | West Pharmaceutical Services | 25.69 Bn | 23.31 Bn | 329.20 Mn | 19.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.71% |
| 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% |
API Access
West Pharmaceutical Services Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=WST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=WST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();