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| 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% |