West Pharmaceutical Services revenue and financials
$372.64Change from previous close: −1.09%Absolute change: −$4.12
In the fiscal year ended December 2025, West Pharmaceutical Services reported revenue of $3.07B (+6.25% year over year). Net income was $493.7M, a net margin of 16.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +6.25%
- 2025 vs 2024
- Net income growth
- +0.20%
- 2025 vs 2024
- Net margin
- 16.1%
- 2024: 17.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 4,076 | 4,110 | 4,270 | 4,106 | 3,953 | 3,618 | 3,643 | 3,675 | 3,489 | 3,602 | 3,830 | 3,755 |
| Current assets | 1,808 | 1,827 | 1,978 | 1,823 | 1,681 | 1,458 | 1,538 | 1,551 | 1,483 | 1,693 | 1,936 | 1,972 |
| Cash and equivalents | 436 | 521 | 791 | 629 | 510 | 404 | 485 | 491 | 446 | 602 | 854 | 899 |
| Receivables | 729 | 701 | 586 | 653 | 610 | 569 | 576 | 567 | 502 | 544 | 534 | 539 |
| Inventory | 447 | 453 | 444 | 438 | 421 | 389 | 377 | 401 | 419 | 430 | 435 | 432 |
| Net property, plant and equipment | 1,824 | 1,846 | 1,878 | 1,874 | 1,861 | 1,767 | 1,716 | 1,711 | 1,635 | 1,545 | 1,513 | 1,408 |
| Goodwill | 109 | 109 | 110 | 111 | 111 | 108 | 106 | 109 | 107 | 108 | 109 | 107 |
| Other intangible assets | 6.4 | 7.0 | 7.7 | 8.9 | 9.7 | 10.0 | 10.8 | 12.3 | 12.9 | 13.9 | 15.1 | 15.7 |
| Long-term investments | 208 | 209 | 212 | 221 | 225 | 212 | 202 | 218 | 198 | 203 | 210 | 195 |
| Current liabilities | 641 | 674 | 655 | 635 | 605 | 527 | 550 | 517 | 634 | 648 | 672 | 534 |
| Accounts payable | 253 | 252 | 254 | 256 | 239 | 228 | 239 | 224 | 212 | 240 | 242 | 220 |
| Long-term debt | 203 | 203 | 203 | 203 | 203 | 203 | 203 | 203 | 72.9 | 72.8 | 72.8 | 152 |
| Total debt | 312 | 316 | 321 | 298 | 303 | — | — | — | — | — | — | — |
| Total liabilities | 1,086 | 1,119 | 1,094 | 1,054 | 1,024 | 935 | 961 | 923 | 913 | 922 | 949 | 887 |
| Total equity (incl. minority) | 2,990 | 2,990 | 3,176 | 3,052 | 2,929 | 2,683 | 2,682 | 2,752 | 2,577 | 2,681 | 2,881 | 2,868 |
| Retained earnings | 4,624 | 4,476 | 4,375 | 4,262 | 4,139 | 4,031 | 3,957 | 3,857 | 3,721 | 3,624 | 3,523 | 3,416 |
