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West Pharmaceutical Services, Inc.

WSTHealthcareNASDAQ

Medical Instruments & Supplies

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Financials · Annual
Revenue
$3.07B
+6.3% YoY
Net Income
$493.7M
+0.2% YoY
EBITDA
$772.8M
+3.9% YoY
Free Cash Flow
$275.7M

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About West Pharmaceutical Services, Inc.

Part of the healthcare sector, West Pharmaceutical Services, Inc. (WST) is listed under Medical Instruments & Supplies. With a market capitalization of $22.81B, it sits in large-cap territory. 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.

Key stats
Market Cap$22.81B
P/E (TTM)43.10
Fwd P/E33.79
EPS$7.49
Beta1.17
52W Change+54.2%
Dividend Yield0.27%
ROE19.1%
Analysis

With $521.4M in cash and $321.0M in debt, WST maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. The company generates $275.7M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 19.1% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Return on assets of 11.2% further supports the picture of efficient asset utilization. Revenue has been relatively flat, moving from $2.89B (2022) to $3.07B (2025).

As with any equity investment, WST carries market risk, sector-specific risk, and company-specific risk that investors should evaluate in the context of their own portfolios. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence West Pharmaceutical Services, Inc.'s trajectory.

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