West Pharmaceutical Services (WST) Tax Rate (2009 - 2026)
West Pharmaceutical Services recorded quarterly Tax Rate of 24.82% in Q1 2026, up 20.37% quarter-over-quarter from 20.62% in Q4 2025, and up 301.0% year-over-year from 6.19% in Q1 2025.
West Pharmaceutical Services' Tax Rate history runs 18 years deep, the most recent figure standing at 24.82% for Q1 2026.
- In Q1 2026, Tax Rate rose 301.0% year-over-year to 24.82%; the TTM figure through Mar 2026 stood at 21.21% (up 95.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 18.61% and a median of 19.45% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate plunged 512 bps in 2022 and surged 894 bps in 2025, its largest moves.
- West Pharmaceutical Services' Tax Rate stood at 22.46% in 2022, then fell by 9 bps to 20.51% in 2023, then gained by 9 bps to 22.32% in 2024, then declined by 8 bps to 20.62% in 2025, then gained by 20 bps to 24.82% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 24.82%, 20.62%, and 19.78% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 12.17 |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 194.87 |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 20.62 |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 24.82 |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 18.75 |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 31.95 |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 24.26 |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | -183.33 |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 22.40 |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | -370.26 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | 15.72 |
| Sep 30, 2023 | 15.72 |
| Jun 30, 2023 | 18.82 |
| Jun 30, 2023 | 18.82 |
| Mar 31, 2023 | 14.95 |
| Mar 31, 2023 | 14.95 |
| Dec 31, 2022 | 22.46 |
| Dec 31, 2022 | 22.46 |
| Sep 30, 2022 | 14.98 |
| Sep 30, 2022 | 14.98 |
| Jun 30, 2022 | 19.45 |
| Jun 30, 2022 | 19.45 |
| Mar 31, 2022 | 11.29 |
| Mar 31, 2022 | 11.29 |
| Dec 31, 2021 | 18.80 |
| Dec 31, 2021 | 18.80 |
| Sep 30, 2021 | 6.63 |
| Sep 30, 2021 | 6.63 |
| Jun 30, 2021 | 15.31 |
| Jun 30, 2021 | 15.31 |
| Mar 31, 2021 | 16.41 |
| Mar 31, 2021 | 16.41 |
| Dec 31, 2020 | 17.72 |
| Dec 31, 2020 | 17.72 |
| Sep 30, 2020 | 21.60 |
| Sep 30, 2020 | 21.60 |
| Jun 30, 2020 | 15.69 |
| Jun 30, 2020 | 15.69 |
| Mar 31, 2020 | 17.34 |
| Mar 31, 2020 | 17.34 |
| Dec 31, 2019 | 21.32 |
| Dec 31, 2019 | 21.32 |
| Sep 30, 2019 | 16.80 |
| Sep 30, 2019 | 16.80 |
| Jun 30, 2019 | 19.47 |
| Jun 30, 2019 | 19.47 |
| Mar 31, 2019 | 23.03 |
| Mar 31, 2019 | 23.03 |
| Dec 31, 2018 | 22.64 |
| Dec 31, 2018 | 22.64 |
| Sep 30, 2018 | 13.09 |
| Sep 30, 2018 | 13.09 |
| Jun 30, 2018 | 9.98 |
| Jun 30, 2018 | 9.98 |
| Mar 31, 2018 | 23.28 |
| Mar 31, 2018 | 23.28 |
| Dec 31, 2017 | 104.22 |
| Dec 31, 2017 | 104.22 |
| Sep 30, 2017 | 22.26 |
| Sep 30, 2017 | 22.26 |
| Jun 30, 2017 | 7.13 |
| Jun 30, 2017 | 7.13 |
| Mar 31, 2017 | 3.70 |
| Mar 31, 2017 | 3.70 |
| Dec 31, 2016 | 30.26 |
| Dec 31, 2016 | 30.26 |
| Sep 30, 2016 | 29.21 |
| Sep 30, 2016 | 29.21 |
| Jun 30, 2016 | 28.57 |
| Jun 30, 2016 | 28.57 |
| Mar 31, 2016 | 24.82 |
| Mar 31, 2016 | 24.82 |
| Dec 31, 2015 | 26.29 |
| Dec 31, 2015 | 26.29 |
| Sep 30, 2015 | 98.51 |
| Sep 30, 2015 | 98.51 |
| Jun 30, 2015 | 25.48 |
| Jun 30, 2015 | 25.48 |
| Mar 31, 2015 | 28.34 |
| Mar 31, 2015 | 28.34 |
| Dec 31, 2014 | 28.13 |
| Dec 31, 2014 | 28.13 |
| Sep 30, 2014 | 28.33 |
| Sep 30, 2014 | 28.33 |
| Jun 30, 2014 | 27.78 |
| Jun 30, 2014 | 27.78 |
| Mar 31, 2014 | 27.45 |
| Mar 31, 2014 | 27.45 |
| Dec 31, 2013 | 31.94 |
| Dec 31, 2013 | 31.94 |
| Sep 30, 2013 | 29.69 |
| Sep 30, 2013 | 29.69 |
| Jun 30, 2013 | 26.55 |
| Jun 30, 2013 | 26.55 |
| Mar 31, 2013 | 21.99 |
| Mar 31, 2013 | 21.99 |
| Dec 31, 2012 | 25.44 |
| Dec 31, 2012 | 25.44 |
| Sep 30, 2012 | 40.18 |
| Sep 30, 2012 | 40.18 |
| Jun 30, 2012 | 32.50 |
| Jun 30, 2012 | 32.50 |
| Mar 31, 2012 | 25.93 |
| Mar 31, 2012 | 25.93 |
| Dec 31, 2011 | 24.35 |
| Dec 31, 2011 | 24.35 |
| Sep 30, 2011 | 30.00 |
| Sep 30, 2011 | 30.00 |
| Jun 30, 2011 | 22.55 |
| Jun 30, 2011 | 22.55 |
| Mar 31, 2011 | 25.10 |
| Mar 31, 2011 | 25.10 |
| Dec 31, 2010 | -246.67 |
| Dec 31, 2010 | -246.67 |
| Sep 30, 2010 | 21.23 |
| Sep 30, 2010 | 21.23 |
| Jun 30, 2010 | 24.72 |
| Jun 30, 2010 | 24.72 |
| Mar 31, 2010 | 24.80 |
| Mar 31, 2010 | 24.80 |
| Dec 31, 2009 | 20.79 |
| Dec 31, 2009 | 20.79 |
| Sep 30, 2009 | 26.79 |
| Sep 30, 2009 | 26.79 |
| Jun 30, 2009 | 24.11 |
| Jun 30, 2009 | 24.11 |