West Pharmaceutical Services Inc - Understand $wst stock

$WST Market Cap: $23.25 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$2.876B

TTM

Gross Margin

34.83%

TTM

Net Earnings

$499.6M

TTM

Current Assets

$1.551B

Q3 2024

Current Liabilities

$516.5M

Q3 2024

Current Ratio

300.21%

Q3 2024

Total Assets

$3.675B

Q3 2024

Total Liabilities

$923.0M

Q3 2024

Book Value

$2.752B

Q3 2024

Cash

$490.9M

Q3 2024

P/E

46.54

Nov 29, 2024 EST

Free Cash Flow

$321.6M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$2.950B	$2.887B	$2.832B	$2.147B	$1.840B	$1.717B	$1.599B	$1.509B	$1.400B	$1.421B	$1.368B	$1.266B	$1.192B	$1.105B	$1.056B	$1.051B	$1.020B	$913.3M	$699.7M	$541.6M	$483.4M	$412.8M	$392.3M	$372.5M	$395.8M	$449.7M	$452.5M	$458.8M	$412.9M	$365.1M	$348.7M	$338.2M	$329.6M	$323.2M	$308.7M	$285.4M	$253.3M	$235.6M	$190.1M	$182.2M	$190.4M
YoY Change	2.18%	1.95%	31.89%	16.69%	7.13%	7.4%	5.96%	7.81%	-1.52%	3.87%	8.05%	6.21%	7.93%	4.64%	0.44%	3.04%	11.69%	30.53%	29.19%	12.04%	17.1%	5.23%	5.32%	-5.89%	-11.99%	-0.62%	-1.37%	11.12%	13.09%	4.7%	3.1%	2.61%	1.98%	4.7%	8.16%	12.67%	7.51%	23.93%	4.34%	-4.31%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$2.950B	$2.887B	$2.832B	$2.147B	$1.840B	$1.717B	$1.599B	$1.509B	$1.400B	$1.421B	$1.368B	$1.266B	$1.192B	$1.105B	$1.056B	$1.051B	$1.020B	$913.3M	$699.7M	$541.6M	$483.4M	$412.8M	$392.3M	$372.5M	$395.8M	$449.7M	$452.5M	$458.8M	$412.9M	$365.1M	$348.7M	$338.2M	$329.6M	$323.2M	$308.7M	$285.4M	$253.3M	$235.6M	$190.1M	$182.2M	$190.4M
Cost Of Revenue	$1.821B	$1.751B	$1.656B	$1.379B	$1.234B	$1.172B	$1.086B	$1.008B	$944.0M	$973.6M	$933.7M	$878.7M	$853.0M	$786.6M	$752.1M	$748.5M	$738.4M	$648.5M	$503.2M	$384.5M	$330.0M	$295.2M	$277.5M	$265.0M	$261.2M	$314.5M	$320.4M	$332.7M	$294.7M	$247.9M	$243.6M	$241.4M	$245.8M	$244.3M	$227.0M	$214.1M	$189.2M	$160.2M	$128.0M	$127.4M	$129.0M
Gross Profit	$1.129B	$1.136B	$1.176B	$767.8M	$605.7M	$545.4M	$512.9M	$501.4M	$455.8M	$447.8M	$434.7M	$387.7M	$339.3M	$318.1M	$303.6M	$302.6M	$281.7M	$264.8M	$196.5M	$157.1M	$153.4M	$117.6M	$114.8M	$107.5M	$134.6M	$135.2M	$132.1M	$126.1M	$118.2M	$117.2M	$105.1M	$96.70M	$83.80M	$79.00M	$81.80M	$71.30M	$64.10M	$75.40M	$62.10M	$54.80M	$61.50M
Gross Profit Margin	38.28%	39.36%	41.52%	35.76%	32.92%	31.76%	32.07%	33.23%	32.56%	31.5%	31.77%	30.61%	28.46%	28.8%	28.76%	28.79%	27.61%	28.99%	28.08%	29.01%	31.73%	28.49%	29.26%	28.86%	34.01%	30.06%	29.19%	27.48%	28.63%	32.1%	30.14%	28.59%	25.42%	24.44%	26.5%	24.98%	25.31%	32.0%	32.67%	30.08%	32.3%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Selling, General & Admin	$353.4M	$316.9M	$362.8M	$302.0M	$272.7M	$262.9M	$246.0M	$239.6M	$233.0M	$228.7M	$234.9M	$218.1M	$191.1M	$187.7M	$177.7M	$159.3M	$152.5M	$147.8M	$115.1M	$105.2M	$91.10M	$67.60M	$72.00M	$59.50M	$73.00M	$70.50M	$70.20M	$72.80M	$69.90M	$70.10M	$64.00M	$57.10M	$55.40M	$54.40M	$45.60M	$43.30M	$36.80M	$32.40M	$25.30M	$23.70M	$22.50M
YoY Change	11.52%	-12.65%	20.13%	10.74%	3.73%	6.87%	2.67%	2.83%	1.88%	-2.64%	7.7%	14.13%	1.81%	5.63%	11.55%	4.46%	3.18%	28.41%	9.41%	15.48%	34.76%	-6.11%	21.01%	-18.49%	3.55%	0.43%	-3.57%	4.15%	-0.29%	9.53%	12.08%	3.07%	1.84%	19.3%	5.31%	17.66%	13.58%	28.06%	6.75%	5.33%
% of Gross Profit	31.3%	27.89%	30.86%	39.33%	45.02%	48.2%	47.96%	47.79%	51.12%	51.07%	54.04%	56.25%	56.32%	59.01%	58.53%	52.64%	54.14%	55.82%	58.58%	66.96%	59.39%	57.48%	62.72%	55.35%	54.23%	52.14%	53.14%	57.73%	59.14%	59.81%	60.89%	59.05%	66.11%	68.86%	55.75%	60.73%	57.41%	42.97%	40.74%	43.25%	36.59%
Research & Development	$68.40M	$58.50M	$52.80M	$46.90M	$38.90M	$40.30M	$39.10M	$36.80M	$34.10M	$37.30M	$37.90M	$33.20M	$29.10M	$23.90M	$19.90M	$18.70M	$16.10M	$11.10M	$7.900M
YoY Change	16.92%	10.8%	12.58%	20.57%	-3.47%	3.07%	6.25%	7.92%	-8.58%	-1.58%	14.16%	14.09%	21.76%	20.1%	6.42%	16.15%	45.05%	40.51%
% of Gross Profit	6.06%	5.15%	4.49%	6.11%	6.42%	7.39%	7.62%	7.34%	7.48%	8.33%	8.72%	8.56%	8.58%	7.51%	6.55%	6.18%	5.72%	4.19%	4.02%
Depreciation & Amortization	$137.3M	$120.6M	$122.3M	$109.1M	$103.4M	$104.4M	$96.70M	$90.70M	$89.90M	$90.00M	$85.20M	$76.90M	$75.70M	$73.20M	$68.10M	$60.60M	$56.60M	$52.70M	$47.40M	$33.20M	$31.20M	$31.20M	$31.90M	$30.20M	$30.80M	$32.30M	$31.90M	$30.70M	$29.60M	$23.10M	$22.00M	$23.60M	$24.50M	$22.70M	$20.30M	$18.90M	$16.80M	$14.70M	$12.00M	$10.50M	$8.800M
YoY Change	13.85%	-1.39%	12.1%	5.51%	-0.96%	7.96%	6.62%	0.89%	-0.11%	5.63%	10.79%	1.59%	3.42%	7.49%	12.38%	7.07%	7.4%	11.18%	42.77%	6.41%	0.0%	-2.19%	5.63%	-1.95%	-4.64%	1.25%	3.91%	3.72%	28.14%	5.0%	-6.78%	-3.67%	7.93%	11.82%	7.41%	12.5%	14.29%	22.5%	14.29%	19.32%
% of Gross Profit	12.16%	10.61%	10.4%	14.21%	17.07%	19.14%	18.85%	18.09%	19.72%	20.1%	19.6%	19.83%	22.31%	23.01%	22.43%	20.03%	20.09%	19.9%	24.12%	21.13%	20.34%	26.53%	27.79%	28.09%	22.88%	23.89%	24.15%	24.35%	25.04%	19.71%	20.93%	24.41%	29.24%	28.73%	24.82%	26.51%	26.21%	19.5%	19.32%	19.16%	14.31%
Operating Expenses	$453.2M	$375.4M	$415.6M	$348.9M	$311.6M	$303.2M	$285.1M	$276.4M	$267.1M	$266.0M	$272.8M	$251.3M	$220.2M	$211.6M	$197.2M	$177.4M	$168.7M	$159.1M	$123.3M	$105.3M	$90.80M	$67.70M	$71.50M	$59.70M	$72.80M	$70.30M	$70.40M	$72.90M	$68.80M	$71.80M	$64.50M	$58.00M	$55.90M	$63.40M	$43.00M	$41.30M	$38.50M	$44.10M	$37.40M	$31.10M	$30.80M
YoY Change	20.72%	-9.67%	19.12%	11.97%	2.77%	6.35%	3.15%	3.48%	0.41%	-2.49%	8.56%	14.12%	4.06%	7.3%	11.16%	5.16%	6.03%	29.03%	17.09%	15.97%	34.12%	-5.31%	19.77%	-17.99%	3.56%	-0.14%	-3.43%	5.96%	-4.18%	11.32%	11.21%	3.76%	-11.83%	47.44%	4.12%	7.27%	-12.7%	17.91%	20.26%	0.97%
Operating Profit	$676.0M	$734.0M	$752.3M	$406.9M	$296.6M	$240.3M	$225.8M	$195.2M	$128.6M	$182.0M	$162.4M	$135.1M	$109.6M	$90.70M	$106.4M	$125.2M	$113.0M	$105.7M	$73.20M	$51.80M	$62.60M	$49.90M	$43.30M	$47.80M	$61.80M	$64.90M	$61.70M	$53.20M	$49.40M	$45.40M	$40.60M	$38.70M	$27.90M	$15.60M	$38.80M	$30.00M	$25.60M	$31.30M	$24.70M	$23.70M	$30.70M
YoY Change	-7.9%	-2.43%	84.89%	37.19%	23.43%	6.42%	15.68%	51.79%	-29.34%	12.07%	20.21%	23.27%	20.84%	-14.76%	-15.02%	10.8%	6.91%	44.4%	41.31%	-17.25%	25.45%	15.24%	-9.41%	-22.65%	-4.78%	5.19%	15.98%	7.69%	8.81%	11.82%	4.91%	38.71%	78.85%	-59.79%	29.33%	17.19%	-18.21%	26.72%	4.22%	-22.8%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Interest Expense	$19.00M	$7.900M	$8.200M	$8.200M	$8.500M	$8.400M	$7.800M	$8.100M	$14.10M	$16.50M	$17.00M	$16.70M	$18.20M	$16.80M	-$14.90M	-$16.20M	-$9.200M	-$11.30M	-$12.50M	-$6.900M	-$7.000M	-$7.200M	-$11.90M	-$12.20M	-$9.100M	-$4.300M	-$3.600M	-$5.700M	-$6.700M	-$3.300M	-$3.100M	-$3.900M	-$6.000M	-$5.900M	-$4.300M	-$4.000M	-$3.500M	-$1.900M	-$1.200M	-$1.800M	-$2.000M
YoY Change	140.51%	-3.66%	0.0%	-3.53%	1.19%	7.69%	-3.7%	-42.55%	-14.55%	-2.94%	1.8%	-8.24%	8.33%	-212.75%	-8.02%	76.09%	-18.58%	-9.6%	81.16%	-1.43%	-2.78%	-39.5%	-2.46%	34.07%	111.63%	19.44%	-36.84%	-14.93%	103.03%	6.45%	-20.51%	-35.0%	1.69%	37.21%	7.5%	14.29%	84.21%	58.33%	-33.33%	-10.0%
% of Operating Profit	2.81%	1.08%	1.09%	2.02%	2.87%	3.5%	3.45%	4.15%	10.96%	9.07%	10.47%	12.36%	16.61%	18.52%	-14.0%	-12.94%	-8.14%	-10.69%	-17.08%	-13.32%	-11.18%	-14.43%	-27.48%	-25.52%	-14.72%	-6.63%	-5.83%	-10.71%	-13.56%	-7.27%	-7.64%	-10.08%	-21.51%	-37.82%	-11.08%	-13.33%	-13.67%	-6.07%	-4.86%	-7.59%	-6.51%
Other Income/Expense, Net	-$800.0K	-$54.10M	-$3.400M	-$5.600M	-$4.800M	$400.0K	$3.100M	$1.600M
YoY Change	-98.52%	1491.18%	-39.29%	16.67%	-1300.0%	-87.1%	93.75%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Pretax Income	$698.0M	$394.4M	$420.0M	$227.0M	$161.2M	$132.9M	$96.50M	$84.50M	-$4.000M	$57.50M	$28.90M	$8.900M	$15.80M	$7.200M	$83.10M	$109.5M	$86.40M	$84.50M	$61.40M	$42.40M	$64.50M	$32.20M	$27.90M	$29.10M	$51.40M	$27.80M	$57.40M	$25.80M	$42.50M	$42.10M	$37.50M	$34.90M	-$7.700M	$9.600M	$34.40M	$26.10M	$22.10M	$29.40M	$23.40M	$21.80M	$28.70M
YoY Change	76.98%	-6.1%	85.02%	40.82%	21.29%	37.72%	14.2%	-2212.5%	-106.96%	98.96%	224.72%	-43.67%	119.44%	-91.34%	-24.11%	26.74%	2.25%	37.62%	44.81%	-34.26%	100.31%	15.41%	-4.12%	-43.39%	84.89%	-51.57%	122.48%	-39.29%	0.95%	12.27%	7.45%	-553.25%	-180.21%	-72.09%	31.8%	18.1%	-24.83%	25.64%	7.34%	-24.04%
Income Tax	$122.3M	$114.7M	$107.2M	$72.50M	$59.00M	$41.40M	$80.90M	$54.40M	$26.30M	$47.20M	$40.20M	$32.70M	$23.50M	$13.60M	$13.50M	$23.70M	$17.20M	$24.60M	$17.70M	$11.50M	$23.20M	$9.300M	$8.600M	$10.10M	$16.10M	$21.20M	$13.30M	$10.80M	$13.90M	$13.40M	$14.30M	$14.30M	$4.700M	$6.400M	$13.20M	$10.10M	$9.500M	$13.20M	$10.40M	$10.20M	$13.90M
% Of Pretax Income	17.52%	29.08%	25.52%	31.94%	36.6%	31.15%	83.83%	64.38%		82.09%	139.1%	367.42%	148.73%	188.89%	16.25%	21.64%	19.91%	29.11%	28.83%	27.12%	35.97%	28.88%	30.82%	34.71%	31.32%	76.26%	23.17%	41.86%	32.71%	31.83%	38.13%	40.97%		66.67%	38.37%	38.7%	42.99%	44.9%	44.44%	46.79%	48.43%
Net Earnings	$593.4M	$585.9M	$661.8M	$346.2M	$241.7M	$206.9M	$150.7M	$143.6M	$95.60M	$127.1M	$112.3M	$80.70M	$75.50M	$65.30M	$72.60M	$86.00M	$70.70M	$67.10M	$46.40M	$20.20M	$31.90M	$18.40M	-$5.200M	$1.600M	$38.70M	$6.700M	$44.40M	$16.40M	$28.70M	$27.30M	$23.50M	$19.70M	-$14.70M	$4.300M	$20.70M	$17.40M	$13.70M	$17.00M	$15.00M	$13.60M	$16.30M
YoY Change	1.28%	-11.47%	91.16%	43.24%	16.82%	37.29%	4.94%	50.21%	-24.78%	13.18%	39.16%	6.89%	15.62%	-10.06%	-15.58%	21.64%	5.37%	44.61%	129.7%	-36.68%	73.37%	-453.85%	-425.0%	-95.87%	477.61%	-84.91%	170.73%	-42.86%	5.13%	16.17%	19.29%	-234.01%	-441.86%	-79.23%	18.97%	27.01%	-19.41%	13.33%	10.29%	-16.56%
Net Earnings / Revenue	20.12%	20.3%	23.37%	16.13%	13.14%	12.05%	9.42%	9.52%	6.83%	8.94%	8.21%	6.37%	6.33%	5.91%	6.88%	8.18%	6.93%	7.35%	6.63%	3.73%	6.6%	4.46%	-1.33%	0.43%	9.78%	1.49%	9.81%	3.57%	6.95%	7.48%	6.74%	5.82%	-4.46%	1.33%	6.71%	6.1%	5.41%	7.22%	7.89%	7.46%	8.56%
Basic Earnings Per Share	$7.98	$7.87	$8.89	$4.68	$3.27	$2.80	$2.04	$1.96	$1.33	$1.79	$1.61	$1.19	$1.12	$1.96
Diluted Earnings Per Share	$7.88	$7.73	$8.67	$4.57	$3.21	$2.74	$1.99	$1.91	$1.30	$1.75	$1.57	$1.15	$1.08	$1.89	$1.00	$1.19	$0.98	$1.00	$0.71	$0.33	$0.55	$0.32	-$0.09	$0.03	$0.64	$0.10	$0.67	$0.25	$0.43	$0.42	$0.37	$0.31	-$0.24	$0.07	$0.32	$0.27	$0.21	$0.26	$0.24	$0.22	$0.26

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments	$853.9M	$894.3M	$762.6M	$615.5M	$439.1M	$337.4M	$235.9M	$203.0M	$274.6M	$255.3M	$230.0M	$174.3M	$91.80M	$110.2M	$83.10M	$91.50M	$129.4M	$47.10M	$48.80M	$68.80M	$37.80M	$33.20M	$42.10M	$42.70M	$45.30M	$31.30M	$52.30M	$27.30M	$17.40M	$27.20M	$5.200M	$3.000M	$2.700M	$2.200M	$1.600M	$5.100M	$12.70M	$7.400M	$8.500M	$4.200M	$5.000M
YoY Change	-4.52%	17.27%	23.9%	40.17%	30.14%	43.03%	16.21%	-26.07%	7.56%	11.0%	31.96%	89.87%	-16.7%	32.61%	-9.18%	-29.29%	174.73%	-3.48%	-29.07%	82.01%	13.86%	-21.14%	-1.41%	-5.74%	44.73%	-40.15%	91.58%	56.9%	-36.03%	423.08%	73.33%	11.11%	22.73%	37.5%	-68.63%	-59.84%	71.62%	-12.94%	102.38%	-16.0%
Cash & Equivalents	$853.9M	$894.3M	$762.6M	$615.5M	$439.1M	$337.4M	$235.9M	$203.0M	$274.6M	$255.3M	$230.0M	$161.9M	$91.80M	$110.2M	$83.10M	$87.20M	$108.4M	$47.10M	$48.80M	$68.80M	$37.80M	$33.20M	$42.10M	$42.70M	$45.30M	$31.30M	$52.30M	$27.30M	$17.40M	$27.20M	$5.200M	$3.000M	$2.700M	$2.200M	$1.600M	$5.100M	$12.70M	$7.400M	$8.500M	$4.200M	$5.000M
Short-Term Investments												$12.40M				$4.300M	$21.00M	$0.00
Other Short-Term Assets	$135.8M	$103.0M	$112.0M	$51.60M	$64.60M	$54.30M	$39.20M	$39.10M	$36.60M	$43.30M	$58.10M	$45.80M	$81.20M	$53.00M	$46.20M	$30.40M	$35.00M	$26.60M	$16.70M	$25.90M	$16.80M	$17.10M	$16.90M	$19.90M	$16.20M	$20.50M	$19.70M	$16.10M	$14.80M	$13.60M	$12.00M	$15.70M	$18.00M	$10.80M	$7.000M	$4.500M	$5.100M	$3.800M	$1.500M	$700.0K	$600.0K
YoY Change	31.84%	-8.04%	117.05%	-20.12%	18.97%	38.52%	0.26%	6.83%	-15.47%	-25.47%	26.86%	-43.6%	53.21%	14.72%	51.97%	-13.14%	31.58%	59.28%	-35.52%	54.17%	-1.75%	1.18%	-15.08%	22.84%	-20.98%	4.06%	22.36%	8.78%	8.82%	13.33%	-23.57%	-12.78%	66.67%	54.29%	55.56%	-11.76%	34.21%	153.33%	114.29%	16.67%
Inventory	$434.7M	$414.8M	$378.4M	$321.3M	$235.7M	$214.5M	$215.2M	$199.3M	$181.1M	$181.5M	$176.9M	$162.2M	$151.8M	$147.0M	$129.2M	$115.7M	$111.8M	$97.50M	$71.10M	$56.70M	$47.60M	$41.30M	$34.30M	$34.80M	$42.10M	$43.50M	$38.30M	$44.00M	$48.30M	$38.10M	$34.50M	$38.00M	$33.80M	$46.40M	$44.70M	$42.80M	$36.70M	$34.70M	$23.50M	$22.30M	$22.70M
Prepaid Expenses
Receivables	$512.0M	$507.4M	$489.0M	$385.3M	$319.3M	$288.2M	$253.2M	$200.5M	$181.4M	$179.0M	$185.7M	$175.0M	$147.2M	$126.4M	$138.7M	$128.6M	$136.1M	$109.5M	$107.4M	$72.90M	$72.30M	$66.60M	$59.50M	$53.70M	$74.60M	$64.40M	$60.40M	$69.30M	$67.90M	$57.80M	$43.30M	$41.90M	$42.80M	$41.80M	$44.00M	$44.10M	$35.40M	$33.40M	$23.30M	$23.30M	$26.10M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.000M	$3.100M	$2.200M	$42.20M	$3.600M	$5.700M	$7.700M	$6.500M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.936B	$1.920B	$1.742B	$1.374B	$1.059B	$894.4M	$743.5M	$641.9M	$673.7M	$659.1M	$650.7M	$557.3M	$472.0M	$436.6M	$397.2M	$366.2M	$412.3M	$281.7M	$247.1M	$226.5M	$216.7M	$161.8M	$158.5M	$158.8M	$184.7M	$159.7M	$170.7M	$156.7M	$148.4M	$136.7M	$95.00M	$98.70M	$97.40M	$101.2M	$97.40M	$96.50M	$89.90M	$79.30M	$56.70M	$50.50M	$54.50M
YoY Change	0.88%	10.19%	26.81%	29.75%	18.37%	20.3%	15.83%	-4.72%	2.22%	1.29%	16.76%	18.07%	8.11%	9.92%	8.47%	-11.18%	46.36%	14.0%	9.09%	4.52%	33.93%	2.08%	-0.19%	-14.02%	15.65%	-6.44%	8.93%	5.59%	8.56%	43.89%	-3.75%	1.33%	-3.75%	3.9%	0.93%	7.34%	13.37%	39.86%	12.28%	-7.34%
Property, Plant & Equipment	$1.513B	$1.263B	$1.127B	$1.012B	$909.4M	$822.0M	$855.0M	$778.3M	$721.0M	$705.8M	$711.7M	$669.0M	$593.6M	$554.8M	$577.1M	$531.0M	$481.7M	$384.7M	$328.0M	$283.8M	$251.1M	$223.3M	$210.1M	$201.6M	$227.6M	$222.8M	$202.2M	$210.3M	$229.3M	$192.2M	$172.8M	$165.8M	$165.8M	$201.3M	$178.8M	$169.0M	$155.5M	$125.0M	$97.50M	$89.80M	$82.10M
YoY Change	19.78%	12.06%	11.4%	11.23%	10.63%	-3.86%	9.85%	7.95%	2.15%	-0.83%	6.38%	12.7%	6.99%	-3.86%	8.68%	10.23%	25.21%	17.29%	15.57%	13.02%	12.45%	6.28%	4.22%	-11.42%	2.15%	10.19%	-3.85%	-8.29%	19.3%	11.23%	4.22%	0.0%	-17.64%	12.58%	5.8%	8.68%	24.4%	28.21%	8.57%	9.38%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$210.0M	$204.9M	$207.7M	$214.7M	$192.7M	$91.20M	$85.80M	$82.70M	$61.30M	$60.60M	$60.90M	$59.80M	$56.20M	$48.20M	$38.20M	$33.60M	$31.70M	$29.70M	$27.70M	$26.60M	$22.20M	$18.00M	$20.80M	$22.00M	$20.20M	$15.70M	$22.70M	$24.10M	$21.60M	$21.90M	$17.80M	$15.90M	$14.80M	$14.10M	$15.80M	$13.90M	$14.90M	$11.00M	$12.50M	$9.600M	$9.000M
YoY Change	2.49%	-1.35%	-3.26%	11.42%	111.29%	6.29%	3.75%	34.91%	1.16%	-0.49%	1.84%	6.41%	16.6%	26.18%	13.69%	5.99%	6.73%	7.22%	4.14%	19.82%	23.33%	-13.46%	-5.45%	8.91%	28.66%	-30.84%	-5.81%	11.57%	-1.37%	23.03%	11.95%	7.43%	4.96%	-10.76%	13.67%	-6.71%	35.45%	-12.0%	30.21%	6.67%
Other Assets	$47.00M	$104.0M	$104.4M	$52.30M	$43.00M	$45.20M	$49.10M	$87.50M	$96.90M	$93.60M	$85.80M	$114.8M	$113.8M	$87.10M	$88.70M	$82.60M	$95.70M	$53.00M	$71.50M	$68.60M	$92.70M	$83.70M	$83.40M	$131.8M	$52.80M	$48.70M	$30.70M	$27.40M	$17.80M	$12.70M	$10.90M	$9.900M	$20.20M	$9.100M	$6.900M	$7.000M	$7.400M	$14.00M	$12.50M	$8.400M	$6.500M
YoY Change	-54.81%	-0.38%	99.62%	21.63%	-4.87%	-7.94%	-43.89%	-9.7%	3.53%	9.09%	-25.26%	0.88%	30.65%	-1.8%	7.38%	-13.69%	80.57%	-25.87%	4.23%	-26.0%	10.75%	0.36%	-36.72%	149.62%	8.42%	58.63%	12.04%	53.93%	40.16%	16.51%	10.1%	-50.99%	121.98%	31.88%	-1.43%	-5.41%	-47.14%	12.0%	48.81%	29.23%
Total Long-Term Assets	$1.893B	$1.697B	$1.572B	$1.420B	$1.283B	$1.085B	$1.119B	$1.075B	$1.021B	$1.011B	$1.021B	$1.007B	$927.1M	$857.7M	$873.8M	$802.5M	$773.3M	$636.5M	$586.4M	$422.7M	$406.9M	$367.8M	$352.8M	$390.3M	$367.1M	$348.4M	$307.2M	$320.7M	$331.7M	$260.7M	$214.2M	$205.7M	$215.8M	$242.3M	$215.6M	$202.4M	$190.2M	$158.9M	$122.5M	$107.8M	$97.50M
YoY Change	11.54%	7.98%	10.68%	10.71%	18.28%	-3.11%	4.14%	5.23%	1.07%	-1.01%	1.41%	8.59%	8.09%	-1.84%	8.88%	3.78%	21.49%	8.54%	38.73%	3.88%	10.63%	4.25%	-9.61%	6.32%	5.37%	13.41%	-4.21%	-3.32%	27.23%	21.71%	4.13%	-4.68%	-10.94%	12.38%	6.52%	6.41%	19.7%	29.71%	13.64%	10.56%
Total Assets	$3.830B	$3.617B	$3.314B	$2.794B	$2.341B	$1.979B	$1.863B	$1.717B	$1.695B	$1.670B	$1.672B	$1.564B	$1.399B	$1.294B	$1.271B	$1.169B	$1.186B	$918.2M	$833.5M	$649.2M	$623.6M	$529.6M	$511.3M	$549.1M	$551.8M	$508.1M	$477.9M	$477.4M	$480.1M	$397.4M	$309.2M	$304.4M	$313.2M	$343.5M	$313.0M	$298.9M	$280.1M	$238.2M	$179.2M	$158.3M	$152.0M
YoY Change
Accounts Payable	$242.4M	$215.4M	$232.2M	$213.1M	$156.8M	$130.4M	$138.1M	$122.0M	$119.8M	$103.1M	$108.0M	$102.9M	$89.80M	$63.20M	$68.40M	$67.60M	$80.40M	$61.20M	$45.80M	$29.30M	$28.60M	$19.20M	$22.20M	$23.50M	$25.50M	$20.80M	$18.60M	$23.90M	$22.50M	$17.00M	$14.10M	$20.40M	$16.40M	$18.00M	$16.30M	$13.20M	$15.90M	$14.20M	$7.300M	$8.800M	$9.500M
YoY Change	12.53%	-7.24%	8.96%	35.91%	20.25%	-5.58%	13.2%	1.84%	16.2%	-4.54%	4.96%	14.59%	42.09%	-7.6%	1.18%	-15.92%	31.37%	33.62%	56.31%	2.45%	48.96%	-13.51%	-5.53%	-7.84%	22.6%	11.83%	-22.18%	6.22%	32.35%	20.57%	-30.88%	24.39%	-8.89%	10.43%	23.48%	-16.98%	11.97%	94.52%	-17.05%	-7.37%
Accrued Expenses	$179.0M	$159.2M	$195.4M	$159.2M	$135.3M	$93.00M	$86.10M	$74.10M	$81.70M	$77.90M	$85.00M	$59.30M	$47.30M	$50.40M	$48.90M	$44.30M	$39.90M	$36.90M	$26.90M	$26.40M	$26.40M	$18.40M	$18.00M	$15.10M	$15.70M	$17.10M	$13.40M	$13.90M	$9.700M	$47.40M	$26.80M	$29.90M	$45.20M	$12.00M	$8.600M	$22.10M	$19.60M	$11.70M	$4.700M	$4.800M	$5.900M
YoY Change	12.44%	-18.53%	22.74%	17.66%	45.48%	8.01%	16.19%	-9.3%	4.88%	-8.35%	43.34%	25.37%	-6.15%	3.07%	10.38%	11.03%	8.13%	37.17%	1.89%	0.0%	43.48%	2.22%	19.21%	-3.82%	-8.19%	27.61%	-3.6%	43.3%	-79.54%	76.87%	-10.37%	-33.85%	276.67%	39.53%	-61.09%	12.76%	67.52%	148.94%	-2.08%	-18.64%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$134.0M	$2.200M	$44.20M	$2.300M	$2.300M	$100.0K	$0.00	$2.400M	$69.30M	$27.20M	$2.200M	$32.70M	$50.10M	$300.0K	$500.0K	$3.900M	$500.0K	$500.0K	$300.0K	$10.00M	$8.000M	$15.80M	$8.700M	$3.600M	$29.60M	$36.10M	$1.600M	$2.900M	$9.800M	$21.90M	$7.700M	$10.60M	$9.300M	$12.30M	$6.000M	$6.300M	$9.200M	$14.60M	$4.400M	$5.400M	$4.800M
YoY Change	5990.91%	-95.02%	1821.74%	0.0%	2200.0%		-100.0%	-96.54%	154.78%	1136.36%	-93.27%	-34.73%	16600.0%	-40.0%	-87.18%	680.0%	0.0%	66.67%	-97.0%	25.0%	-49.37%	81.61%	141.67%	-87.84%	-18.01%	2156.25%	-44.83%	-70.41%	-55.25%	184.42%	-27.36%	13.98%	-24.39%	105.0%	-4.76%	-31.52%	-36.99%	231.82%	-18.52%	12.5%
Total Short-Term Liabilities	$671.8M	$519.0M	$594.1M	$503.4M	$341.6M	$283.7M	$279.5M	$241.0M	$314.3M	$252.5M	$236.9M	$261.8M	$243.2M	$169.7M	$171.1M	$159.1M	$182.9M	$156.9M	$128.3M	$116.5M	$118.9M	$88.20M	$75.30M	$71.00M	$104.0M	$106.7M	$58.00M	$65.60M	$61.80M	$86.30M	$48.60M	$60.90M	$70.90M	$64.70M	$46.90M	$43.50M	$44.70M	$43.10M	$16.40M	$19.50M	$24.30M
YoY Change	29.44%	-12.64%	18.02%	47.37%	20.41%	1.5%	15.98%	-23.32%	24.48%	6.59%	-9.51%	7.65%	43.31%	-0.82%	7.54%	-13.01%	16.57%	22.29%	10.13%	-2.02%	34.81%	17.13%	6.06%	-31.73%	-2.53%	83.97%	-11.59%	6.15%	-28.39%	77.57%	-20.2%	-14.1%	9.58%	37.95%	7.82%	-2.68%	3.71%	162.8%	-15.9%	-19.75%
Long-Term Debt	$72.80M	$206.7M	$208.8M	$252.9M	$255.0M	$196.0M	$197.0M	$226.2M	$228.9M	$308.3M	$371.3M	$378.8M	$299.3M	$358.1M	$379.1M	$382.1M	$394.6M	$235.8M	$280.7M	$150.8M	$167.0M	$159.2M	$184.3M	$195.8M	$141.5M	$105.0M	$87.40M	$95.50M	$104.5M	$35.90M	$24.60M	$31.50M	$49.10M	$66.20M	$52.10M	$48.80M	$51.30M	$29.70M	$26.00M	$18.50M	$20.80M
YoY Change	-64.78%	-1.01%	-17.44%	-0.82%	30.1%	-0.51%	-12.91%	-1.18%	-25.75%	-16.97%	-1.98%	26.56%	-16.42%	-5.54%	-0.79%	-3.17%	67.35%	-16.0%	86.14%	-9.7%	4.9%	-13.62%	-5.87%	38.37%	34.76%	20.14%	-8.48%	-8.61%	191.09%	45.93%	-21.9%	-35.85%	-25.83%	27.06%	6.76%	-4.87%	72.73%	14.23%	40.54%	-11.06%
Other Long-Term Liabilities	$191.2M	$191.9M	$170.6M	$172.6M	$156.1M	$89.80M	$96.00M	$122.8M	$115.6M	$136.3M	$138.1M	$173.7M	$180.1M	$120.8M	$118.8M	$120.0M	$70.60M	$62.70M	$48.60M	$45.30M	$35.30M	$32.20M	$28.10M	$25.50M	$26.30M	$26.60M	$24.30M	$24.30M	$25.20M
YoY Change	-0.36%	12.49%	-1.16%	10.57%	73.83%	-6.46%	-21.82%	6.23%	-15.19%	-1.3%	-20.5%	-3.55%	49.09%	1.68%	-1.0%	69.97%	12.6%	29.01%	7.28%	28.33%	9.63%	14.59%	10.2%	-3.04%	-1.13%	9.47%	0.0%	-3.57%
Total Long-Term Liabilities	$264.0M	$398.6M	$379.4M	$425.5M	$411.1M	$285.8M	$293.0M	$349.0M	$344.5M	$444.6M	$509.4M	$552.5M	$479.4M	$478.9M	$497.9M	$502.1M	$465.2M	$298.5M	$329.3M	$196.1M	$202.3M	$191.4M	$212.4M	$221.3M	$167.8M	$131.6M	$111.7M	$119.8M	$129.7M	$35.90M	$24.60M	$31.50M	$49.10M	$66.20M	$52.10M	$48.80M	$51.30M	$29.70M	$26.00M	$18.50M	$20.80M
YoY Change	-33.77%	5.06%	-10.83%	3.5%	43.84%	-2.46%	-16.05%	1.31%	-22.51%	-12.72%	-7.8%	15.25%	0.1%	-3.82%	-0.84%	7.93%	55.85%	-9.35%	67.92%	-3.06%	5.69%	-9.89%	-4.02%	31.88%	27.51%	17.82%	-6.76%	-7.63%	261.28%	45.93%	-21.9%	-35.85%	-25.83%	27.06%	6.76%	-4.87%	72.73%	14.23%	40.54%	-11.06%
Total Liabilities	$948.5M	$931.9M	$978.4M	$939.3M	$768.2M	$582.6M	$582.9M	$599.2M	$671.2M	$712.8M	$765.2M	$835.1M	$744.2M	$668.6M	$691.9M	$681.6M	$700.3M	$503.7M	$493.6M	$348.1M	$366.0M	$328.1M	$334.5M	$344.3M	$320.6M	$278.0M	$200.2M	$225.4M	$226.0M	$170.1M	$121.1M	$135.8M	$160.5M	$167.4M	$133.3M	$127.5M	$124.2M	$99.30M	$59.70M	$52.40M	$55.70M
YoY Change	1.78%	-4.75%	4.16%	22.27%	31.86%	-0.05%	-2.72%	-10.73%	-5.84%	-6.85%	-8.37%	12.21%	11.31%	-3.37%	1.51%	-2.67%	39.03%	2.05%	41.8%	-4.89%	11.55%	-1.91%	-2.85%	7.39%	15.32%	38.86%	-11.18%	-0.27%	32.86%	40.46%	-10.82%	-15.39%	-4.12%	25.58%	4.55%	2.66%	25.08%	66.33%	13.93%	-5.92%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	74.30M shares	74.40M shares	74.40M shares	73.90M shares	74.00M shares	73.90M shares	73.90M shares	73.30M shares	72.00M shares	70.90M shares	69.60M shares	68.10M shares	67.30M shares	33.30M shares
Diluted Shares Outstanding	75.30M shares	75.80M shares	76.30M shares	75.80M shares	75.40M shares	75.40M shares	75.80M shares	75.00M shares	73.80M shares	72.80M shares	71.40M shares	71.80M shares	74.00M shares	36.70M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $23.253 Billion

About WEST PHARMACEUTICAL SERVICES INC

West Pharmaceutical Services, Inc. manufactures and markets pharmaceuticals, biologics, vaccines and consumer healthcare products. The company is headquartered in Exton, Pennsylvania and currently employs 10,600 full-time employees. The firm operates through two segments: Proprietary Products and Contract-Manufactured Products. The Proprietary Products segment offers packaging, containment solutions, and drug delivery products, along with analytical lab services and other integrated services and solutions, primarily to biologic, generic and pharmaceutical drug customers. The Contract-Manufactured Products segment serves as a fully integrated business, focused on the design, manufacture, and automated assembly of complex devices, primarily for pharmaceutical, diagnostic, and medical device customers. This segment manufactures customer-owned components and devices used in surgical, diagnostic, ophthalmic, injectable, and other drug delivery systems, as well as consumer products.

Industry: Surgical & Medical Instruments & Apparatus Peers: AGILENT TECHNOLOGIES, INC. Avantor, Inc. BIO-RAD LABORATORIES, INC. DANAHER CORP /DE/ REVVITY, INC. ILLUMINA, INC. IQVIA HOLDINGS INC. METTLER TOLEDO INTERNATIONAL INC/ THERMO FISHER SCIENTIFIC INC. WATERS CORP /DE/