West Pharmaceutical Services (WST) Tax Rate (2009 - 2026)
West Pharmaceutical Services (WST) posted quarterly Tax Rate of 17.88% for Q2 2026, down 136.0% year-on-year from 49.66% in Q2 2025, and down 27.96% on a QoQ basis from 24.82% in Q1 2026.
West Pharmaceutical Services (WST) Tax Rate (2009 - 2026) Analysis & Trends
West Pharmaceutical Services (WST) has reported Tax Rate for 18 consecutive years, with 17.88% the latest figure, recorded in Q2 2026.
- Quarterly Tax Rate fell 136.0% year-over-year to 17.88% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 20.79% (up 10.0% YoY) and the FY2025 annual result came in at 20.24%, up 188.0% from the prior year.
- Tax Rate declined to 17.88% in Q2 2026 per WST's latest filing, from 24.82% in the prior quarter.
- Over the last five years, Tax Rate for WST reached as high as 24.82% in Q1 2026 and fell as low as 11.29% in Q1 2022.
- A 5-year average of 18.57% and a median of 19.34% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate sank 512 bps — and 2025, when it surged 894 bps.
- Year by year, Tax Rate stood at 22.46% in 2022, then decreased by 9 bps to 20.51% in 2023, then climbed by 9 bps to 22.32% in 2024, then slipped by 8 bps to 20.62% in 2025, then dropped by 13 bps to 17.88% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 17.88%, 24.82%, and 20.62% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcon | 32,734,969.19 Bn | 32,734,967.53 Bn | 1.53 Bn | - |
| 2 | Intuitive Surgical | 117.50 Bn | 112.41 Bn | 1.96 Bn | 21.94% |
| 3 | Becton Dickinson | 42.93 Bn | 42.11 Bn | 2.15 Bn | 194.87% |
| 4 | Medline | 30.82 Bn | 36.66 Bn | 1.84 Bn | 17.87% |
| 5 | Resmed | 27.90 Bn | 26.23 Bn | 890.98 Mn | 20.62% |
| 6 | West Pharmaceutical Services | 26.76 Bn | 26.23 Bn | 329.20 Mn | 17.88% |
| 7 | Cooper Companies | 15.30 Bn | 15.16 Bn | 735.40 Mn | -60.95% |
| 8 | Solventum | 13.46 Bn | 12.90 Bn | 1.10 Bn | 18.75% |
| 9 | Align Technology | 12.02 Bn | 10.96 Bn | 736.59 Mn | 24.26% |
| 10 | Baxter International | 11.17 Bn | 9.12 Bn | 891.00 Mn | -183.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.88% |
| Jun 30, 2026 | 17.88% |
| Jun 30, 2026 | 17.88% |
| Mar 31, 2026 | 24.82% |
| Mar 31, 2026 | 24.82% |
| Mar 31, 2026 | 24.82% |
| Dec 31, 2025 | 20.62% |
| Dec 31, 2025 | 20.62% |
| Dec 31, 2025 | 20.62% |
| Sep 30, 2025 | 19.78% |
| Sep 30, 2025 | 19.78% |
| Sep 30, 2025 | 19.78% |
| Jun 30, 2025 | 19.24% |
| Jun 30, 2025 | 19.24% |
| Jun 30, 2025 | 19.24% |
| Mar 31, 2025 | 21.81% |
| Mar 31, 2025 | 21.81% |
| Mar 31, 2025 | 21.81% |
| Dec 31, 2024 | 22.32% |
| Dec 31, 2024 | 22.32% |