West Pharmaceutical Services (WST) Tax Rate (2009 - 2026)
West Pharmaceutical Services (WST) posted Tax Rate of 17.88% for Q2 2026, down 27.96% sequentially from 24.82% in Q1 2026, and down 136.0% YoY from 49.66% in Q2 2025.
West Pharmaceutical Services (WST) Tax Rate (2009 - 2026) Analysis & Trends
West Pharmaceutical Services has reported Tax Rate for 18 years, with the latest figure at 17.88% 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 retreated to 17.88% in Q2 2026 per WST's latest filing, from 24.82% in the prior quarter.
- Over five years, Tax Rate peaked at 24.82% in Q1 2026 and troughed at 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.
- The sharpest annual moves came in 2022 and 2025: Tax Rate sank 512 bps in 2022, then soared 894 bps in 2025.
- Over 5 years, 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 fell by 8 bps to 20.62% in 2025, then retreated 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 | Intuitive Surgical | 134.13 Bn | 128.91 Bn | 1.96 Bn | 21.94% |
| 2 | Becton Dickinson | 52.76 Bn | 51.90 Bn | 2.32 Bn | 18.41% |
| 3 | Alcon | 35.81 Bn | 34.46 Bn | 1.68 Bn | 100.00% |
| 4 | Resmed | 33.72 Bn | 32.25 Bn | 861.22 Mn | 19.14% |
| 5 | Medline | 29.38 Bn | 26.70 Bn | 2.22 Bn | 40.85% |
| 6 | West Pharmaceutical Services | 25.00 Bn | 24.57 Bn | 329.20 Mn | 17.88% |
| 7 | Solventum | 15.46 Bn | 15.06 Bn | 1.29 Bn | 13.89% |
| 8 | Cooper Companies | 14.88 Bn | 14.74 Bn | 735.40 Mn | -60.95% |
| 9 | Baxter International | 13.58 Bn | 11.43 Bn | 1.03 Bn | 14.56% |
| 10 | Align Technology | 11.61 Bn | 10.51 Bn | 757.43 Mn | 27.17% |
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% |