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Companies / Health Care / West Pharmaceutical Services
WST

West Pharmaceutical Services

Health CareSurgical & Medical InstrumentsS&P 500
Ticker WSTEXTON, PAFiscal year ends DecemberBook value per share $41.59Diluted shares 71.9M

West Pharmaceutical Services, Inc. (NYSE: WST) designs and manufactures containment and delivery systems for injectable drugs and healthcare products, serving biologic, generic, pharmaceutical, diagnostic and medical device companies. Its two reportable segments are Proprietary Products, which supplies primary… From the company’s description.

In fiscal 2025, West Pharmaceutical Services reported revenue of $3.07B, up 6.3% from fiscal 2024, and net income of $493.70M. Its operating margin was 19.0%, and operations generated $754.80M in cash. Over the twelve months to Jun 30, 2026, revenue was $3.33B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$3.07BFY2025
+6.3% year over year
Last 12 mo $3.33B
19.03%FY2025
−0.7 percentage points
Last 12 mo 20.45%
$493.70MFY2025
+0.2% year over year
Last 12 mo $564.90M
15.54%FY2025
−2.8 percentage points
Last 12 mo 18.89%
Cash & financing
$754.80MFY2025
+15.5% year over year
Last 12 mo $662.20M
$468.90MFY2025
+69.6% year over year
Last 12 mo $436.90M
0.06FY2025
Was 0.08× a year earlier
Last 12 mo 0.07
72.7MFY2025
−1.4% year over year
Last 12 mo 71.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What West Pharmaceutical Services does

In the company’s own words

West Pharmaceutical Services, Inc. (NYSE: WST) designs and manufactures containment and delivery systems for injectable drugs and healthcare products, serving biologic, generic, pharmaceutical, diagnostic and medical device companies. Its two reportable segments are Proprietary Products, which supplies primary packaging components, containment solutions, drug delivery devices, integrated systems and analytical lab services, and Contract-Manufactured Products, which designs, manufactures and assembles complex devices and components for pharmaceutical, diagnostic and medical device customers. Proprietary Products include stoppers, seals, syringe and cartridge components, vials, plungers and self-injection devices; contract manufacturing uses technologies such as multi-component molding and automated assembly. West also provides engineering, regulatory and technical support. Outside the United States accounted for 56.7% of consolidated net sales in 2025, and the company employed approximately 10,800 people worldwide at year-end. Its website is www.westpharma.com.

Company details
Sector
Health Care
Industry (SIC)
Surgical & Medical Instruments
Headquarters
EXTON, PA
Fiscal year end
December
CIK
105770
SIC
3841

Financial performance, year by year

Fiscal 2013–2025 · USD
$-332.68M$665.36M$1.66B$2.66B$3.66B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns West Pharmaceutical Services — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

678
funds hold it
1 of 35
superinvestors hold it
$9.66B
held by funds, at market
39.8%
of shares held by funds

Superinvestors in West Pharmaceutical Services · what they did last quarter

Mark HillmanDECREASED -20.2%
Hillman Capital Management
1.8%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · West Pharmaceutical Services’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.04%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.04%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.25%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.04%of fund net assets
0.19%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do West Pharmaceutical Services and its peers compare on margins and cash generation over ten years?”
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