West Pharmaceutical Services (WST) Revenue & Revenue Breakdown


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West Pharmaceutical Services Revenue Highlights


Latest Revenue (Y)

$2.95B

Latest Revenue (Q)

$702.00M

Main Segment (Y)

Proprietary Products

Main Geography (Y)

UNITED STATES

West Pharmaceutical Services Revenue by Period


West Pharmaceutical Services Revenue by Year

DateRevenueChange
2023-12-31$2.95B2.18%
2022-12-31$2.89B1.95%
2021-12-31$2.83B31.89%
2020-12-31$2.15B16.69%
2019-12-31$1.84B7.13%
2018-12-31$1.72B7.40%
2017-12-31$1.60B5.96%
2016-12-31$1.51B7.81%
2015-12-31$1.40B-1.52%
2014-12-31$1.42B3.87%
2013-12-31$1.37B8.05%
2012-12-31$1.27B6.21%
2011-12-31$1.19B7.93%
2010-12-31$1.10B4.64%
2009-12-31$1.06B0.44%
2008-12-31$1.05B3.04%
2007-12-31$1.02B11.69%
2006-12-31$913.30M30.53%
2005-12-31$699.70M29.19%
2004-12-31$541.60M10.37%
2003-12-31$490.70M16.92%
2002-12-31$419.70M5.74%
2001-12-31$396.90M-7.72%
2000-12-31$430.10M-8.31%
1999-12-31$469.10M4.31%
1998-12-31$449.70M-0.62%
1997-12-31$452.50M-1.37%
1996-12-31$458.80M11.12%
1995-12-31$412.90M13.09%
1994-12-31$365.10M4.70%
1993-12-31$348.70M-

West Pharmaceutical Services generated $2.95B in revenue during NA 2023, up 2.18% compared to the previous quarter, and up 171.76% compared to the same period a year ago.

West Pharmaceutical Services Revenue by Quarter

DateRevenueChange
2024-06-30$702.00M0.95%
2024-03-31$695.40M-5.00%
2023-12-31$732.00M-2.06%
2023-09-30$747.40M-0.85%
2023-06-30$753.80M5.19%
2023-03-31$716.60M1.11%
2022-12-31$708.70M3.17%
2022-09-30$686.90M-10.94%
2022-06-30$771.30M7.13%
2022-03-31$720.00M-1.48%
2021-12-31$730.80M3.44%
2021-09-30$706.50M-2.36%
2021-06-30$723.60M7.89%
2021-03-31$670.70M15.60%
2020-12-31$580.20M5.88%
2020-09-30$548.00M3.95%
2020-06-30$527.20M7.26%
2020-03-31$491.50M4.44%
2019-12-31$470.60M3.18%
2019-09-30$456.10M-2.90%
2019-06-30$469.70M5.91%
2019-03-31$443.50M4.97%
2018-12-31$422.50M-2.13%
2018-09-30$431.70M-3.53%
2018-06-30$447.50M7.65%
2018-03-31$415.70M0.02%
2017-12-31$415.60M4.37%
2017-09-30$398.20M0.15%
2017-06-30$397.60M2.55%
2017-03-31$387.70M1.41%
2016-12-31$382.30M1.49%
2016-09-30$376.70M-2.91%
2016-06-30$388.00M7.15%
2016-03-31$362.10M0.67%
2015-12-31$359.70M4.41%
2015-09-30$344.50M-4.23%
2015-06-30$359.70M7.09%
2015-03-31$335.90M-3.97%
2014-12-31$349.80M-1.71%
2014-09-30$355.90M-3.52%
2014-06-30$368.90M6.37%
2014-03-31$346.80M1.20%
2013-12-31$342.70M0.26%
2013-09-30$341.80M-0.78%
2013-06-30$344.50M1.50%
2013-03-31$339.40M5.57%
2012-12-31$321.50M5.83%
2012-09-30$303.80M-6.47%
2012-06-30$324.80M2.69%
2012-03-31$316.30M7.08%
2011-12-31$295.40M0.61%
2011-09-30$293.60M-4.64%
2011-06-30$307.90M4.23%
2011-03-31$295.40M6.72%
2010-12-31$276.80M1.99%
2010-09-30$271.40M-3.69%
2010-06-30$281.80M2.58%
2010-03-31$274.70M-6.37%
2009-12-31$293.40M13.33%
2009-09-30$258.90M-0.80%
2009-06-30$261.00M7.67%
2009-03-31$242.40M-0.98%
2008-12-31$244.80M-4.45%
2008-09-30$256.20M-8.27%
2008-06-30$279.30M3.18%
2008-03-31$270.70M5.70%
2007-12-31$256.10M-

West Pharmaceutical Services generated $702.00M in revenue during Q2 2024, up 0.95% compared to the previous quarter, and up 97.96% compared to the same period a year ago.

West Pharmaceutical Services Revenue Breakdown


West Pharmaceutical Services Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Proprietary Products$2.40B$2.41B$2.32B$1.65B$1.40B
Contract Manufactured Products$552.50M$480.40M$514.70M$498.60M$441.50M
Corporate and Eliminations----$-200.00K

West Pharmaceutical Services's latest annual revenue breakdown by segment (product or service), as of Dec 23: Proprietary Products (81.27%), and Contract Manufactured Products (18.73%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Sep 19Jun 19Mar 19Sep 18Jun 18
Contract Manufactured Products$142.40M$135.90M$419.00M$133.50M$118.70M$127.10M--------------
Proprietary Products--$1.81B$583.10M$601.30M$543.70M--------------
Delivery Systems---$144.90M$135.80M$120.00M$117.80M$129.70M$136.40M$126.60M$127.80M$118.10M$111.10M$109.40M$103.10M$106.70M$101.50M---
Packaging Systems---$602.50M$567.00M$653.70M$577.00M$587.30M$421.50M$399.50M$373.50M$345.20M$360.30M$340.40M$325.20M$346.00M----
Intersegment Eliminations--------------$-100.00K$-200.00K$-200.00K---

West Pharmaceutical Services's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Contract Manufactured Products (100.00%).

West Pharmaceutical Services Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
FRANCE$282.90M$237.90M$213.00M$172.70M$150.60M
UNITED STATES$1.24B$1.29B$1.20B$975.60M$814.70M
Other Europe Countries$388.10M$359.20M$341.30M$236.80M$251.10M
Other Countries$348.50M$364.30M$357.40M$253.70M$213.40M
IRELAND$285.70M$240.30M$247.60M$226.00M$173.80M
GERMANY$406.10M$398.70M$474.30M$282.10M$236.30M

West Pharmaceutical Services's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (41.99%), GERMANY (13.77%), Other Europe Countries (13.16%), Other Countries (11.81%), IRELAND (9.69%), and FRANCE (9.59%).

West Pharmaceutical Services Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BDXBecton, Dickinson and$19.37B$4.99B
BAXBaxter$14.81B$3.59B
ALCAlcon$10.09B$2.46B
RMDResMed$4.69B$1.20B
HOLXHologic$4.03B$1.01B
COOCooper Companies$3.59B$1.00B
TFXTeleflex$2.97B$749.69M
WSTWest Pharmaceutical Services$2.95B$702.00M
ICUIICU Medical$2.26B$596.46M
HAEHaemonetics$1.31B$336.17M
MMSIMerit Medical Systems$1.26B$338.00M
EMBCEmbecta$1.12B$272.50M
RGENRepligen$638.76M$154.07M

WST Revenue FAQ


West Pharmaceutical Services's yearly revenue for 2023 was $2.95B, representing an increase of 2.18% compared to 2022. The company's yearly revenue for 2022 was $2.89B, representing an increase of 1.95% compared to 2021. WST's yearly revenue for 2021 was $2.83B, representing an increase of 31.89% compared to 2020.

West Pharmaceutical Services's quarterly revenue for Q2 2024 was $702M, a 0.95% increase from the previous quarter (Q1 2024), and a -6.87% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $695.4M, a -5.00% decrease from the previous quarter (Q4 2023), and a -2.96% decrease year-over-year (Q1 2023). WST's quarterly revenue for Q4 2023 was $732M, a -2.06% decrease from the previous quarter (Q3 2023), and a 3.29% increase year-over-year (Q4 2022).

West Pharmaceutical Services's revenue growth rate for the last 3 years (2021-2023) was 4.17%, and for the last 5 years (2019-2023) was 60.32%.

West Pharmaceutical Services's revenue streams in c 23 are Proprietary Products, and Contract Manufactured Products. Proprietary Products generated $2.4B in revenue, accounting 81.27% of the company's total revenue, down -0.39% year-over-year. Contract Manufactured Products generated $552.5M in revenue, accounting 18.73% of the company's total revenue, up 15.01% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of West Pharmaceutical Services was Proprietary Products. This segment made a revenue of $2.4B, representing 81.27% of the company's total revenue.