WEST PHARMACEUTICAL SERVICES INC

WST 10-Q · Q2 2025

WST Q2 2025 request

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Income Statement

Income Statement
Metric Q2 2025 Q2 2024 YoY
Revenue 766.5 702.1 +9.2%
Show Business Segments breakouts
Contract-Manufactured Products 146.7 142.4 +3.0%
Contract-Manufactured Products · Operating Segments 146.7 142.4 +3.0%
Proprietary Products 619.8 559.7 +10.7%
Proprietary Products · Operating Segments 619.8 559.7 +10.7%
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Accumulated Gain Loss Net Cash Flow Hedge Parent · Foreign Exchange Contract -0.3 0.1 -400.0%
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Operating Segments 766.5 702.1 +9.2%
Show Related Party Transactions By Related Party breakouts
Affiliated Entity 2.8 4 -30.0%
Cost of Revenue 492.6 472.1 +4.3%
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Contract-Manufactured Products · Operating Segments 121.1 119.4 +1.4%
Proprietary Products · Operating Segments 371.5 352.7 +5.3%
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Accumulated Gain Loss Net Cash Flow Hedge Parent · Foreign Exchange Contract -0.5 1.8 -127.8%
Gross Profit 273.9 230 +19.1%
Research & Development 19.1 17.5 +9.1%
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Proprietary Products · Operating Segments 19.1 17.5 +9.1%
Selling, General & Administrative 95.9 83 +15.5%
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Contract-Manufactured Products · Operating Segments 7 6.2 +12.9%
Proprietary Products · Operating Segments 61.5 56.1 +9.6%
Other Income Expense 5.2 3.3 +57.6%
Operating Income 153.7 126.2 +21.8%
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Contract-Manufactured Products · Operating Segments 17.8 17.2 +3.5%
Proprietary Products · Operating Segments 161.7 131 +23.4%
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Operating Segments 179.5 148.2 +21.1%
Interest Expense 0.1 1.5 -93.3%
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Accumulated Gain Loss Net Cash Flow Hedge Parent · Treasury Lock 0.1
Investment Income Net -3.6 -4 +10.0%
Other Non-Operating Income (Expense) 0.2
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments 157 128.7 +22.0%
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Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income 0.2 0.2 0.0%
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income 0.1 -0.7 +114.3%
Income Tax Expense (Benefit) 30.2 21.9 +37.9%
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Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income 0.1
Income Loss From Equity Method Investments -5 -4.5 -11.1%
Net Income 131.8 111.3 +18.4%
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Accumulated Defined Benefit Plans Adjustment · Reclassification Out Of Accumulated Other Comprehensive Income 0.1 0.2 -50.0%
Accumulated Gain Loss Net Cash Flow Hedge Parent · Reclassification Out Of Accumulated Other Comprehensive Income 0.1 -0.6 +116.7%
Retained Earnings 131.8 111.3 +18.4%
Show Reclassification Out Of Accumulated Other Comprehensive Income breakouts
Reclassification Out Of Accumulated Other Comprehensive Income 0.2 -0.4 +150.0%
EPS (Basic) 1.82 1.52 +19.7%
EPS (Diluted) 1.82 1.51 +20.5%
Wtd Avg Shares (Basic) 72.2 73 -1.1%
Wtd Avg Shares (Diluted) 72.5 73.7 -1.6%
General & Administrative (Q)
Show Consolidation Items breakouts
Corporate And Reconciling Items -16.8 -17.5 +4.0%
Income Before Taxes 157 128.7 +22.0%
Comprehensive Income 248.6 86.7 +186.7%
Other Comprehensive Income 116.8 -24.6 +574.8%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 116.8 -24.6 +574.8%
Foreign Currency Transaction Gain Loss Before Tax 1.7 2 -15.0%

Balance Sheet

Balance Sheet
Metric Q2 2025 Q2 2024 YoY
Current Assets
Cash & Cash Equivalents 509.7 446.2 +14.2%
Accounts Receivable 582.4 479.4 +21.5%
Inventory 421.1 419.2 +0.5%
Other Assets Current 167.7 138.2 +21.3%
Show Related Party Transactions By Related Party breakouts
Affiliated Entity 2.2 2.4 -8.3%
Total Current Assets 1,680.9 1,483 +13.3%
Non-Current Assets
Property, Plant & Equipment 1,722 1,493.7 +15.3%
Operating Lease Right-of-Use Assets 104.4 110.3 -5.3%
Goodwill 110.9 107.3 +3.4%
Deferred Tax Assets 29.7 33.9 -12.4%
Other Non-Current Assets 70.5 50.1 +40.7%
Total Assets 3,952.8
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Contract-Manufactured Products · Operating Segments 667.9
Proprietary Products · Operating Segments 2,829.3
Show Consolidation Items breakouts
Corporate And Reconciling Items 455.6
Other Assets
Property Plant And Equipment Gross 3,177.6 2,863.6 +11.0%
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment 1,455.6 1,369.9 +6.3%
Investments In Affiliates Subsidiaries Associates And Joint Ventures 224.7
Intangible Assets Net Excluding Goodwill 9.7 12.9 -24.8%
Current Liabilities
Accounts Payable 239 211.7 +12.9%
Accrued Salaries Wages And Benefits Current 93.4 82.9 +12.7%
Accrued Income Taxes Current 28.5 16.9 +68.6%
Operating Lease Liability Current 20.9 20.3 +3.0%
Other Liabilities Current 222.8 169 +31.8%
Show Related Party Transactions By Related Party breakouts
Affiliated Entity 24.8 20.4 +21.6%
Total Current Liabilities 604.6 633.7 -4.6%
Non-Current Liabilities
Long-Term Debt 202.6 72.9 +177.9%
Deferred Tax Liabilities 23 13.7 +67.9%
Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent 30.8 29.1 +5.8%
Operating Lease Liabilities 79.8 84.6 -5.7%
Deferred Compensation Liability Classified Noncurrent 12.5 15.5 -19.4%
Other Non-Current Liabilities 70.4 63.1 +11.6%
Total Liabilities 1,023.7 912.6 +12.2%
Long-Term Debt 202.6 205.8 -1.6%
Stockholders' Equity
Common Stock 18.8 18.8 0.0%
Retained Earnings 4,139.2 3,720.9 +11.2%
Accumulated Other Comprehensive Income -88.7 -216.9 +59.1%
Treasury Stock Common Value -1,140.2 -979.5 -16.4%
Total Stockholders' Equity 2,929.1 2,576.8 +13.7%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -10.9 -10.5 -3.8%
Accumulated Gain Loss Net Cash Flow Hedge Parent 2.5 -4.5 +155.6%
Accumulated Other Comprehensive Income -88.7 -216.9 +59.1%
Accumulated Translation Adjustment -83 -204 +59.3%
Aoci Equity Method Investment Parent 2.7 2.1 +28.6%
Common Stock 18.8 18.8 0.0%
Retained Earnings 4,139.2 3,720.9 +11.2%
Treasury Stock Common -1,140.2 -979.5 -16.4%
Total Liabilities & Equity 3,952.8 3,489.4 +13.3%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2025 YTD Q2 2024 YoY
Operating Activities
Depreciation 79.9 72.7 +9.9%
Adjustment For Amortization 1.5 1.8 -16.7%
Stock-Based Compensation 8.7 9.3 -6.5%
Show Consolidation Items breakouts
Corporate And Reconciling Items 8.7 9.3 -6.5%
Restructuring Charges 1.6
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Corporate And Reconciling Items 19.4
Corporate And Reconciling Items · Other Income (Expense) 16.6
Corporate And Reconciling Items · Selling General And Administrative Expenses 2.8
Asset Impairment Charges 4.1 0.9 +355.6%
Other Non-Cash Items -6.9 -7.6 +9.2%
Increase Decrease In Operating Capital -4 -20.5 +80.5%
Net Cash from Operations 306.5 283.2 +8.2%
Depreciation & Amortization 81.4 74.5 +9.3%
Show Business Segments breakouts
Contract-Manufactured Products · Operating Segments 13.2 9.6 +37.5%
Proprietary Products · Operating Segments 66.4 63 +5.4%
Show Consolidation Items breakouts
Corporate And Reconciling Items 1.8 1.9 -5.3%
Change in Deferred Revenue 7 1.7 +311.8%
Investing Activities
Capital Expenditures -146.5 -190.8 +23.2%
Net Cash from Investing -146.5 -191.8 +23.6%
Financing Activities
Finance Lease Principal Payments -0.5 -22.9 +97.8%
Payments For Excise Tax -4.2
Payments Of Dividends Common Stock -30.3 -29.3 -3.4%
Proceeds From Stock Options Exercised 6 19.9 -69.8%
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans 3.6 3.7 -2.7%
Share Repurchases -134 -454.1 +70.5%
Tax Withholding for Share Compensation -2.5 -5.5 +54.5%
Net Cash from Financing -161.9 -489.3 +66.9%
Supplemental
Unpaid Capital Expenditures 35.4 41.6 -14.9%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 27 -9.8 +375.5%
Net Change in Cash 25.1 -407.7 +106.2%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 509.7 446.2 +14.2%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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