West Pharmaceutical Services (WST) Tax Rate (2009 - 2026)

West Pharmaceutical Services' (WST) quarterly Tax Rate came in at 24.82% in Q1 2026, up 301.0% year-on-year from 6.19% in Q1 2025, and up 20.37% quarter-over-quarter from 20.62% in Q4 2025.

West Pharmaceutical Services (WST) Tax Rate (2009 - 2026) Analysis & Trends

West Pharmaceutical Services has disclosed Tax Rate across 18 years of filings, most recently posting 24.82% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 24.82%, up 301.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.21% (up 95.0% YoY), and the FY2025 annual result was 20.24%, up 188.0% from the prior year.
  • Tax Rate came in at 24.82% for Q1 2026 at West Pharmaceutical Services, up from 20.62% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 24.82% in Q1 2026 to a low of 11.29% in Q1 2022.
  • The 5-year median for Tax Rate is 19.45% (2022), against an average of 18.61%.
  • Across the five-year window, Tax Rate sank 512 bps in 2022 and jumped 894 bps in 2025, its largest moves.
  • West Pharmaceutical Services' Tax Rate stood at 22.46% in 2022, then declined by 9 bps to 20.51% in 2023, then rose by 9 bps to 22.32% in 2024, then dropped by 8 bps to 20.62% in 2025, then rose by 20 bps to 24.82% in 2026.
  • The last three Tax Rate figures came in at 24.82% (Q1 2026), 20.62% (Q4 2025), and 19.78% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Intuitive Surgical 148.09 Bn 143.69 Bn 1.83 Bn 12.17%
2 Becton Dickinson 41.00 Bn 39.99 Bn 2.15 Bn 194.87%
3 Medline 30.38 Bn 36.22 Bn 1.84 Bn 17.87%
4 Resmed 28.22 Bn 26.56 Bn 890.98 Mn 20.62%
5 West Pharmaceutical Services 23.72 Bn 23.19 Bn 296.40 Mn 24.82%
6 Solventum 13.33 Bn 13.33 Bn 1.10 Bn 18.75%
7 Cooper Companies 13.12 Bn 12.99 Bn 735.40 Mn -60.95%
8 Align Technology 12.86 Bn 11.80 Bn 736.59 Mn 24.26%
9 Baxter International 10.51 Bn 8.47 Bn 891.00 Mn -183.33%
10 Aptargroup 7.72 Bn 7.52 Bn 351.91 Mn 22.40%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.82%
Mar 31, 2026 24.82%
Dec 31, 2025 20.62%
Dec 31, 2025 20.62%
Sep 30, 2025 19.78%
Sep 30, 2025 19.78%
Jun 30, 2025 19.24%
Jun 30, 2025 19.24%
Mar 31, 2025 21.81%
Mar 31, 2025 21.81%
Dec 31, 2024 22.32%
Dec 31, 2024 22.32%
Sep 30, 2024 19.70%
Sep 30, 2024 19.70%
Jun 30, 2024 17.02%
Jun 30, 2024 17.02%
Mar 31, 2024 12.87%
Mar 31, 2024 12.87%
Dec 31, 2023 20.51%
Dec 31, 2023 20.51%