West Pharmaceutical Services, Inc.

West Pharmaceutical Services, Inc.

WSTยทNYSE

$316.31

+1.3%
HealthcareMedical - Instruments & Supplies

West Pharmaceutical Services, Inc. designs, manufactures, and sells containment and delivery systems for injectable drugs and healthcare products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Proprietary Products and Contract-Manufactured Products. The Proprietary Products segment offers stoppers and seals for injectable packaging systems; syringe and cartridge components, including custom solutions for the needs of injectable drug applications, as well as administration systems that enhance the safe delivery of drugs through advanced reconstitution, mixing, and transfer technologies; and films, coatings, washing, and vision inspection and sterilization processes and services to enhance the quality of packaging components. It also provides drug containment solutions, including Crystal Zenith, a cyclic olefin polymer in the form of vials, syringes, and cartridges; and self-injection devices, as well as a range of integrated solutions, including analytical lab services, pre-approval primary packaging support and engineering development, regulatory expertise, and after-sales technical support. This segment serves biologic, generic, and pharmaceutical drug companies. The Contract-Manufactured Products segment is involved in the design, manufacture, and automated assembly of devices used in surgical, diagnostic, ophthalmic, injectable, and other drug delivery systems, as well as consumer products. It serves pharmaceutical, diagnostic, and medical device companies. The company distributes its products through its sales force and distribution network, as well as contract sales agents and regional distributors. West Pharmaceutical Services, Inc. was incorporated in 1923 and is headquartered in Exton, Pennsylvania.

At a Glance

Live Snapshot
Market Cap$22.35B
EPS6.8300
P/E Ratio46.31
Earnings Date07/23/2026
3Y+4.0%
5Y+60.0%
10Y+244.0%
3Y-1.0%
5Y+59.0%
10Y+63.0%
3Y-37.0%
5Y+35.0%
10Y+63.0%
WST

West Pharmaceutical Services, Inc. Cash Conversion Engine

WST ยท NYSE
Net Income493.70M
Depreciation & Amortization168.60M
Stock-Based Compensation23.80M
Change in Working Capital79.80M
Others2.60M
Capital Expenditures-285.90M
Free Cash Flow468.90M

Cash Flow Quality Analysis

FCF Conversion Rate

95.0%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

37.9%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+69.6%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$79.80M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.

West Pharmaceutical Services, Inc. Cash Flow Statement

WST โ€ข NYSE

West Pharmaceutical Services, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
493.7M
492.7M
593.4M
585.9M
661.8M
346.2M
241.7M
206.9M
150.7M
143.6M
95.6M
127.1M
112.3M
80.7M
75.5M
65.3M
72.6M
86M
70.7M
67.1M
168.6M
155.4M
137.3M
120.6M
122.3M
109.1M
103.4M
104.4M
96.7M
90.7M
89.9M
90M
85.2M
76.9M
75.7M
73.2M
68.1M
60.6M
56.6M
52.7M
-13.7M
0.0
37.5M
-30.8M
-42.9M
-5.8M
15.3M
900K
41.7M
21.5M
-8.9M
7M
1.7M
5.3M
2.9M
-1.8M
-4.8M
7.3M
-6.4M
4.9M
23.8M
18.7M
23.3M
23.7M
37.5M
34M
24.4M
15.1M
16.1M
19.5M
29.6M
18.6M
21.2M
15.5M
8.4M
7.8M
7.5M
6.4M
0.0
0.0
2.6M
-16.3M
5.4M
36.1M
-900K
-700K
-3.2M
-10.4M
-500K
2.8M
17M
-29.2M
3.8M
12.3M
-10.7M
-9.2M
9.9M
4.2M
11M
23.4M
(0.0)
(71.4M)
(90.8M)
(109.7M)
(171.8M)
(48.4M)
(47.5M)
(42M)
(31M)
(48.1M)
(33.1M)
(37.4M)
(34.4M)
(16.1M)
(20.4M)
(16.5M)
(19M)
(25M)
(25.3M)
(0.0)
79.8M
2.9M
-20.4M
-15M
-193.8M
-10.3M
-14.4M
-28.3M
-41.4M
-58.7M
-10.8M
-30.6M
-3.7M
-3.3M
-21.1M
3M
-15.6M
-29.5M
-14.5M
-5.2M
754.8M
653.4M
776.5M
724M
584M
472.5M
367.2M
288.6M
263.3M
219.4M
212.4M
182.9M
220.5M
187.4M
130.7M
138.3M
137.7M
135M
129.2M
143.8M
INVESTING ACTIVITIES
-285.9M
-377M
-362M
-284.6M
-253.4M
-174.4M
-126.4M
-104.7M
-130.8M
-170.2M
-131.6M
-112.1M
-155.8M
-132M
-96.8M
-73.8M
-107.8M
-139.1M
-129.4M
-90.3M
(0.0)
(0.0)
(0.0)
(0.0)
-2.2M
(0.0)
-104M
(0.0)
-6M
(0.0)
(0.0)
(112.1M)
(155.8M)
(132M)
(96.8M)
-3.7M
-16.9M
-8.5M
-4.7M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-85.1M
(0.0)
(0.0)
-8.4M
(0.0)
-9.3M
-14.2M
-31.2M
-41.2M
-7.2M
(107.8M)
(139.1M)
-22.7M
(0.0)
0.0
0.0
0.0
0.0
0.0
0.0
85.1M
0.0
0.0
0.0
0.0
16.8M
19.1M
45.6M
15.6M
8.9M
2.6M
16.8M
700K
200K
0.0
-1.7M
-6.7M
-3.6M
2.5M
-5.1M
2.4M
3.9M
3.2M
2.8M
2.1M
-111.5M
-154.8M
-130.4M
-94.9M
1.8M
-107.6M
-136.5M
200K
200K
-285.9M
-378.7M
-368.7M
-288.2M
-253.1M
-179.5M
-228M
-100.8M
-133.6M
-175.8M
-129.5M
-104M
-149.9M
-116M
-120.5M
-74M
-121.9M
-128.2M
-155.9M
-89.9M
FINANCING ACTIVITIES
-115.8M
-566.6M
-451.2M
-222.2M
-151.9M
-121.4M
-85.3M
-70.8M
-74.4M
-55.9M
-5.6M
-4.1M
-5.2M
-4.7M
-3.5M
1.6M
3.7M
1M
-38.6M
4.4M
-1.1M
-27.6M
-2.3M
-44.3M
-2.2M
-2.3M
62.1M
-100K
-34.9M
-69.8M
-27.4M
-22.3M
-5.6M
17.9M
-7.3M
-16M
-10.2M
-9.2M
137.5M
-59.6M
-61.2M
-59.1M
-57M
-54.1M
-51.1M
-48.1M
-45.1M
-42.1M
-39.1M
-35.8M
-32.4M
-29.1M
-26.8M
-24.9M
-23.2M
-21.7M
-20.1M
-18.6M
-17.5M
-15.9M
-134M
-566.6M
-451.2M
-222.2M
-151.9M
-121.4M
-85.3M
-70.8M
-74.4M
-55.9M
-5.6M
-4.1M
-5.2M
-4.7M
-3.5M
-2.1M
-1.3M
-5.2M
-43M
(0.0)
-7M
30.7M
50.9M
27M
37.1M
34.7M
31.5M
32.3M
39.4M
47.6M
23.9M
24.7M
32.4M
8.3M
9.3M
2.1M
4M
5.9M
3.2M
10.9M
-185.1M
-622.6M
-459.6M
-293.6M
-168.1M
-137.1M
-36.8M
-80.7M
-109M
-113.9M
-41.5M
-30.8M
-5.1M
-3.4M
-24.7M
-34M
-22.6M
-20.9M
84.6M
-60.2M
CASH FLOW SUMMARY
22.9M
-21.4M
11.4M
-10.5M
-15.7M
20.5M
-700K
-5.6M
12.2M
-1.3M
-22.1M
-22.8M
2.6M
2.1M
-3.9M
-3.2M
2.7M
-7.1M
3.4M
4.6M
306.7M
-369.3M
-40.4M
131.7M
147.1M
176.4M
101.7M
101.5M
32.9M
-71.6M
19.3M
25.3M
68.1M
70.1M
-18.4M
27.1M
-4.1M
-21.2M
61.3M
-1.7M
484.6M
853.9M
894.3M
762.6M
615.5M
439.1M
337.4M
235.9M
203M
274.6M
255.3M
230M
161.9M
91.8M
110.2M
83.1M
87.2M
108.4M
47.1M
48.8M
791.3M
484.6M
853.9M
894.3M
762.6M
615.5M
439.1M
337.4M
235.9M
203M
274.6M
255.3M
230M
161.9M
91.8M
110.2M
83.1M
87.2M
108.4M
47.1M
468.9M
276.4M
414.5M
439.4M
330.6M
298.1M
240.8M
183.9M
132.5M
49.2M
80.8M
70.8M
64.7M
55.4M
33.9M
64.5M
29.9M
-4.1M
-200K
53.5M

SEC Filings

WST - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 01, 2026
May 31, 2026
2026
8-K/A

8-K/A 2026 (Amended)

N/A

May 20, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

May 11, 2026
May 07, 2026
2026
8-K

8-K 2026

N/A

May 05, 2026
May 04, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 23, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 23, 2026
April 23, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 12, 2026
May 04, 2026
2026
8-K

8-K 2026

N/A

March 09, 2026
March 09, 2026
2026
10-K

10-K 2025 FY

FY

February 17, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 12, 2026
February 12, 2026
2026
Showing 1 to 10 of 524 filings