Company Analysis

West Pharmaceutical Services, Inc. (WST)

NYSE: WST · Surgical & Medical Instruments & Apparatus · Exton, PA · filing with the SEC since 1994
Grade5.7
◀ Past 6.3● Present 6.3▶ Future 4.3

The grade of West Pharmaceutical Services, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.7/10
◀ Past6.330% of the headline
● Present6.340% of the headline
▶ Future4.330% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.3/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
5.5/10

Has it survived what it has been through?

2 warning events since 2017; the latest 2026-05-20.

weight 33% of this tense · 55th percentile among 121 sector filers · read for itself

From the record

West Pharmaceutical Services, Inc.'s filings since 2017 show 2 warning events: a material cybersecurity incident (8-K item 1.05, 2 times, the latest 2026-05-20) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.0/10

What has it actually done, year after year?

+8.7% a year over 8 filed years; profitable in 8 of 8.

weight 45% of this tense · 61st percentile among 105 sector filers · read for its customers

From the record

West Pharmaceutical Services, Inc.'s 8 filed years say what it did: revenue went from $1.7 billion in fiscal 2018 to $3.1 billion in fiscal 2025, up 8.7% a year; it rose in 6 of 7 years; the deepest fall was 2% from fiscal 2023 to fiscal 2024; net income was positive in 8 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span8.7%bottom 30% of its family
  • the share of years revenue rosetop 47% of its family
  • the share of filed years with a profittop 6% of its family
  • the deepest fall from a revenue peak1.9%top 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
8.1/10

How has it treated the people who own it?

Share count shrank 1.4% a year. 60% of cash flow returned. Insiders: 8 sales, 0 purchases.

weight 22% of this tense · 81st percentile among 40 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, West Pharmaceutical Services, Inc.'s diluted share count shrank about 1.4% a year, and dividends and buybacks returned about 60% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 8 sales (3 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-02 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 11% of its family
  • cash returned against operating cash flowtop 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.3/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
7.2/10

Is it financially healthy right now?

ROE 16%: 16¢ of profit per shareholder dollar. Leverage 26%: owes 26¢ per asset dollar.

weight 45% of this tense · 72nd percentile among 120 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, West Pharmaceutical Services, Inc. earned about 16 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 26 cents per dollar of everything the company owns. Leverage: it owed about 26 cents per dollar of assets, and net share issuance: its share count shrank 1.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 28% of its family
  • return on equitytop 10% of its family
  • gross profit against assetsbottom 37% of its family
  • the share count against the year beforetop 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.8/10

How strong is its position in its industry?

top 32% of 109 in its family; net margin 16.1%.

weight 33% of this tense · 68th percentile among 109 sector filers · read for its customers

From the record

West Pharmaceutical Services, Inc.'s standing among 109 graded names in its industry family: revenue of $3.1 billion in fiscal 2025 ranks in the top 10% by size; a net margin of 16.1% ranks in the top 11%; revenue growth of 2.1% a year over the last 3 filed years ranks in the bottom 25% (its annual reports).

What it rests on

  • revenue against the family$3.07Btop 10% of its family
  • net margin16.1%top 11% of its family
  • three-year revenue growth2.1%bottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
3.9/10

What are the people in charge doing?

bottom 39% of 91 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 39th percentile among 91 sector filers · read for its shareholders

From the record

West Pharmaceutical Services, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Lagarde, Michel (President and CEO, as filed), filing under that title since 2026-09-10, 2 months (bottom 3% of its family); the 19 officers and directors filing in the last fifteen months have been on the record a median of 6.5 years (top 29%); 11 officer or director changes were reported on Form 8-K since 2023-11-13, against the 19 people in charge now (bottom 44%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge11 in three years among 19 peoplebottom 44% of its family
  • the median years the people in charge have filed6.5 yearstop 29% of its family
  • the chief executive's years on the record2 monthsbottom 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.3/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.2/10

How much room does it have to grow?

bottom 42% of 104 in its family for room to expand.

weight 45% of this tense · 42nd percentile among 104 sector filers · read for itself

From the record

West Pharmaceutical Services, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $791 million against debt of $203 million leaves 13.8% of its assets as net cash, top 44% of its family; cash from operations less capital spending is 15.3% of revenue (top 15%); a gross margin of 35.9% (bottom 16%); research spending of 2.4% of revenue (bottom 11%) (its annual report).

What it rests on

  • cash less debt against assets13.8%top 44% of its family
  • cash from operations less capital spending against revenue15.3%top 15% of its family
  • gross margin35.9%bottom 16% of its family
  • research spending against revenue2.4%bottom 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.3/10

What could actually drive growth from here?

bottom 43% of 105 in its family for growth drivers.

weight 33% of this tense · 43rd percentile among 105 sector filers · read for its customers

From the record

West Pharmaceutical Services, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 2.1% a year over the last three filed years against 8.7% over all 8, slowing (bottom 32% of its family); the newest year grew 6.3% (bottom 31%); research spending grew 8.3% a year (top 44%); capital spending grew 0.2% a year (top 47%) (its annual reports). West Pharmaceutical Services, Inc. reported 2 lines of business in fiscal 2025: Proprietary Products at $2.5 billion (81%), Contract Manufactured Products at $582 million (19%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-6.6 points a yearbottom 32% of its family
  • the newest year's revenue growth6.3%bottom 31% of its family
  • three-year growth of research spending8.3%top 44% of its family
  • three-year growth of capital spending0.2%top 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.4/10

Did its newest year beat what its own record pointed to?

bottom 44% of 88 in its family for expectations against reality.

weight 22% of this tense · 44th percentile among 88 sector filers · read for its shareholders

From the record

West Pharmaceutical Services, Inc.'s newest year against its own record: revenue of $3.1 billion in fiscal 2025 came in 6.1% above the $2.9 billion its prior three years' pace pointed to (top 20% of its family); net income of $494 million against a prior three-year average of $557 million (bottom 34%); a net margin of 16.1% against 19.1% before (bottom 19%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace6.1%top 20% of its family
  • net income against the prior three years' average-11%bottom 34% of its family
  • net margin against its prior average-3.1 pointsbottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton WST · research, not advice