Full text
Earnings transcript
Read the complete earnings call transcript.
WST
West Pharmaceutical Services, Inc.
$254.8
2.06
(0.82%)
| Exchange: | NYSE |
| Market Cap: | 18.351B |
| Shares Outstanding: | 63.158M |
About The Company
| Sector: | Healthcare | |||||
| Industry: | Medical – Instruments & Supplies | |||||
| CEO: | Eric Green | |||||
| Full Time Employees: | 10600 | |||||
| Address: |
| |||||
| Website: | https://www.westpharma.com |
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.
Click to read more…
Revenue Segmentation
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 2,951,100 | 2,892,700 | 3,073,700 |
| Gross Profit | 1,132,700 | 1,002,200 | 1,103,300 |
| EBITDA | 844,100 | 743,800 | 723,600 |
| Operating Income | 710,900 | 594,600 | 617,400 |
| Net Income | 593,400 | 492,700 | 493,700 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 3,829,500 | 3,643,400 | 4,270,000 |
| Total Liabilities | 948,500 | 961,100 | 1,094,000 |
| Total Stockholders Equity | 2,881,000 | 2,682,300 | 3,176,000 |
| Total Debt | 309,000 | 302,300 | 416,700 |
| Cash and Cash Equivalents | 853,900 | 484,600 | 791,300 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 776,500 | 653,400 | 754,800 |
| Capital Expenditure | -362,000 | -377,000 | -285,900 |
| Free Cash Flow | 414,500 | 276,400 | 468,900 |
| Net Income | 593,400 | 492,700 | 493,700 |
| Net Change in Cash | -40,400 | -369,300 | 306,700 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 3,983,183.468 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 4,068,863.090 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 4,028,084.400 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 1,090,916.033 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 1,114,382.006 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 1,103,213.520 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 814,097.519 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 836,939.859 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 826,068.301 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 479,842.439 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 490,164.012 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 485,251.523 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 11.360 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 11.510 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 11.200 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 6 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 1 | Full Access | Full Access | Full Access | Full Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
Strengths (preview)
- Robust Financial Performance: West Pharmaceutical Services reported strong Q2 2025 results in the latest earnings call, with net income and revenue exceeding analyst expectations. Key metrics such as revenue growth, high gross profit margin (TTM), and positive free cash flow (TTM) reflect operational efficiency and financial stability.
- Industry Positioning: WST benefits from a favorable position within its industry and sector, as evidenced by consistent outperformance in perf1y and perf5y metrics compared to industry averages. The company's focus on specialized products aligns with sector trends, enhancing its competitive edge.
- Strong Liquidity and Balance Sheet: The balance sheet data indicates a healthy current ratio (TTM) and quick ratio (TTM), showcasing the company's ability to meet short-term obligations. Additionally, a manageable debt-to-equity ratio (TTM) supports financial flexibility.
- Strategic Leadership and Innovation: Insights from the Q2 2025 earnings call highlight proactive management strategies, with raised guidance and ongoing investments in innovation, positioning WST to maintain market leadership through product development and operational improvements.
Log in with Full Access for Weaknesses, Opportunities, Threats, and the complete SWOT.
At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates WST intrinsic value between $55.18 – $225.27 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about WST valuation
Is West Pharmaceutical Services, Inc. (WST) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for West Pharmaceutical Services, Inc. (WST) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is WST a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether WST trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is WST’s P/E ratio?
You can see WST’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for WST?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is WST a good long-term investment?
Whether WST fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
WST
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
0.82
Trading Metrics:
| Open: | 250.82 | Previous Close: | 252.74 | |
| Day Low: | 249.6 | Day High: | 258.24 | |
| Year Low: | 187.43 | Year High: | 322.34 | |
| Price Avg 50: | 243.1 | Price Avg 200: | 253.57 | |
| Volume: | 466534 | Average Volume: | 990727 |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's freeWST full analysis
Welcome to MARKETSNAP’s SWOT analysis for West Pharmaceutical Services, or WST as it’s known on the ticker. If you’re not familiar with this company, let me give you the quick rundown. West Pharmaceutical Services is a key player in the healthcare sector, specifically in the medical instruments and supplies industry. They specialize in providing innovative solutions for injectable drug administration, like vials, syringes, and other containment systems critical to the pharmaceutical world. With a solid market cap and a global…
Relevant news
