West Income Statement Research

WST Stock  USD 395.71  1.61  0.41%   
Most accounts from West Pharmaceutical's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into West Pharmaceutical current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out West Pharmaceutical Valuation and West Pharmaceutical Correlation analysis.
  
At this time, West Pharmaceutical's Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 732.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 194.7 M in 2024.
Most accounts from West Pharmaceutical's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into West Pharmaceutical current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out West Pharmaceutical Valuation and West Pharmaceutical Correlation analysis.
At this time, West Pharmaceutical's Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 732.9 M in 2024, whereas Selling General Administrative is likely to drop slightly above 194.7 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue2.8B2.9B2.9B3.1B
Depreciation And Amortization126.1M120.6M137.3M144.2M

West Pharmaceutical income statement Correlations

0.950.90.980.830.820.850.970.990.83-0.330.820.860.030.790.910.8-0.350.740.240.590.75
0.950.990.990.960.950.970.990.970.96-0.380.950.95-0.110.770.960.94-0.470.860.290.650.89
0.90.990.970.990.980.990.970.940.99-0.380.980.95-0.170.750.950.97-0.470.890.30.640.92
0.980.990.970.920.910.931.00.990.92-0.370.910.92-0.050.790.950.89-0.440.820.270.630.84
0.830.960.990.920.990.990.930.881.0-0.331.00.95-0.240.710.930.99-0.480.910.290.620.93
0.820.950.980.910.991.00.920.860.99-0.360.990.96-0.270.670.940.99-0.510.910.350.670.94
0.850.970.990.930.991.00.940.890.99-0.360.990.97-0.240.690.950.99-0.50.910.340.670.93
0.970.990.971.00.930.920.940.980.93-0.370.920.93-0.060.780.960.9-0.460.830.280.650.85
0.990.970.940.990.880.860.890.980.88-0.340.870.880.020.820.920.85-0.350.780.220.560.78
0.830.960.990.921.00.990.990.930.88-0.311.00.95-0.270.690.941.0-0.480.910.330.660.95
-0.33-0.38-0.38-0.37-0.33-0.36-0.36-0.37-0.34-0.31-0.31-0.31-0.12-0.27-0.37-0.310.56-0.3-0.18-0.3-0.31
0.820.950.980.911.00.990.990.920.871.0-0.310.94-0.260.690.921.0-0.460.90.330.640.95
0.860.950.950.920.950.960.970.930.880.95-0.310.94-0.260.660.950.93-0.530.930.30.690.88
0.03-0.11-0.17-0.05-0.24-0.27-0.24-0.060.02-0.27-0.12-0.26-0.260.06-0.13-0.29-0.03-0.370.18-0.14-0.25
0.790.770.750.790.710.670.690.780.820.69-0.270.690.660.060.640.65-0.070.73-0.140.170.62
0.910.960.950.950.930.940.950.960.920.94-0.370.920.95-0.130.640.92-0.620.830.480.810.91
0.80.940.970.890.990.990.990.90.851.0-0.311.00.93-0.290.650.92-0.480.890.360.670.96
-0.35-0.47-0.47-0.44-0.48-0.51-0.5-0.46-0.35-0.480.56-0.46-0.53-0.03-0.07-0.62-0.48-0.43-0.64-0.79-0.59
0.740.860.890.820.910.910.910.830.780.91-0.30.90.93-0.370.730.830.89-0.430.120.550.87
0.240.290.30.270.290.350.340.280.220.33-0.180.330.30.18-0.140.480.36-0.640.120.810.5
0.590.650.640.630.620.670.670.650.560.66-0.30.640.69-0.140.170.810.67-0.790.550.810.78
0.750.890.920.840.930.940.930.850.780.95-0.310.950.88-0.250.620.910.96-0.590.870.50.78
Click cells to compare fundamentals

West Pharmaceutical Account Relationship Matchups

West Pharmaceutical income statement Accounts

201920202021202220232024 (projected)
Total Revenue1.8B2.1B2.8B2.9B2.9B3.1B
Gross Profit605.7M767.8M1.2B1.1B1.1B1.2B
Operating Income296.6M406.9M752.3M734M676M709.8M
Ebit296.6M406.9M752.3M734M738.4M775.3M
Ebitda399.9M517.2M878.4M854.6M875.7M919.5M
Cost Of Revenue1.2B1.4B1.7B1.8B1.8B1.9B
Income Before Tax291.8M401.3M748.9M679.9M698M732.9M
Net Income241.7M346.2M661.8M585.9M593.4M623.1M
Income Tax Expense59M72.5M107.2M114.7M122.3M128.4M
Interest Expense4.7M6.8M7.2M7.9M9M6.5M
Research Development38.9M46.9M52.8M58.5M68.4M71.8M
Tax Provision59M72.5M107.2M114.7M122.3M83.0M
Interest Income3.8M6.8M7.2M2.8M28M29.4M
Extraordinary Items(81.9M)2.5M1.4M5.7M6.6M6.9M
Net Interest Income(4.7M)(6.8M)(7.2M)(2.8M)19M20.0M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether West Pharmaceutical is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if West Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about West Pharmaceutical Services Stock. Highlighted below are key reports to facilitate an investment decision about West Pharmaceutical Services Stock:

Complementary Tools for West Stock analysis

When running West Pharmaceutical's price analysis, check to measure West Pharmaceutical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy West Pharmaceutical is operating at the current time. Most of West Pharmaceutical's value examination focuses on studying past and present price action to predict the probability of West Pharmaceutical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move West Pharmaceutical's price. Additionally, you may evaluate how the addition of West Pharmaceutical to your portfolios can decrease your overall portfolio volatility.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Is West Pharmaceutical's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of West Pharmaceutical. If investors know West will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about West Pharmaceutical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.334
Dividend Share
0.77
Earnings Share
7.88
Revenue Per Share
39.701
Quarterly Revenue Growth
0.033
The market value of West Pharmaceutical is measured differently than its book value, which is the value of West that is recorded on the company's balance sheet. Investors also form their own opinion of West Pharmaceutical's value that differs from its market value or its book value, called intrinsic value, which is West Pharmaceutical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because West Pharmaceutical's market value can be influenced by many factors that don't directly affect West Pharmaceutical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between West Pharmaceutical's value and its price as these two are different measures arrived at by different means. Investors typically determine if West Pharmaceutical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, West Pharmaceutical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.