West Pharmaceutical Services (WST) Tax Rate (2009 - 2026)
West Pharmaceutical Services (WST) posted Tax Rate of 17.88% for Q2 2026, down 1.36 percentage points from 19.24% a year earlier and down 6.94 percentage points from the prior quarter.
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Analysis
West Pharmaceutical Services (WST) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at West Pharmaceutical Services was 20.79%, up 0.10 percentage points year-over-year; for FY2025, it came in at 20.24%, up 1.88 percentage points from FY2024.
- Annual Tax Rate has increased for four consecutive years, with a five-year change of +2.17 percentage points (FY2020 to FY2025).
- In prior years, West Pharmaceutical Services' Tax Rate was 18.36% in FY2024 (+0.84 pp), 17.52% in FY2023 (+0.65 pp), 16.87% in FY2022 (+2.56 pp) and 14.31% in FY2021 (-3.75 pp).
- The Q2 2026 figure stands as the lowest quarterly Tax Rate since Q2 2024.
- On a year-over-year basis, Tax Rate increased in six of the last eight quarters, with an average year-over-year change of +2.12 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q1 2025, with a gain of 8.94 percentage points; the weakest was Q3 2021, with a drop of 14.97 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 24.82% (Q1 2026), 20.62% (Q4 2025) and 19.78% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 14.62% |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 53.56% |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 18.41% |
| 10 | West Pharmaceutical Services | 26.52 Bn | 24.14 Bn | 329.20 Mn | 17.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.88% |
| Mar 31, 2026 | 24.82% |
| Dec 31, 2025 | 20.62% |
| Sep 30, 2025 | 19.78% |
| Jun 30, 2025 | 19.24% |
| Mar 31, 2025 | 21.81% |
| Dec 31, 2024 | 22.32% |
| Sep 30, 2024 | 19.70% |
| Jun 30, 2024 | 17.02% |
| Mar 31, 2024 | 12.87% |
| Dec 31, 2023 | 20.51% |
| Sep 30, 2023 | 15.72% |
| Jun 30, 2023 | 18.82% |
| Mar 31, 2023 | 14.95% |
| Dec 31, 2022 | 22.46% |
| Sep 30, 2022 | 14.98% |
| Jun 30, 2022 | 19.45% |
| Mar 31, 2022 | 11.29% |
| Dec 31, 2021 | 18.80% |
| Sep 30, 2021 | 6.63% |
API Access
West Pharmaceutical Services Tax Rate 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=tax-rate&ticker=WST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=WST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();