West Pharmaceutical Services
OverviewSuggest Edit
West Pharmaceutical Services is a company that manufactures and sells packaging components and delivery systems for injectable drugs and healthcare products internationally. Its Proprietary Products segment offers stoppers and seals for injectable packaging systems and 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 reconstitution, mixing, and transfer technologies. This segment serves biologic, generic, and pharmaceutical drug companies. Its Contract-Manufactured Products segment is involved in the design, manufacture, and automated assembly of components and devices used in surgical, diagnostic, ophthalmic, injectable, and other drug delivery systems, as well as consumer products. This segment serves pharmaceutical, diagnostic, and medical device companies. The company distributes products through its sales force and distribution network, as well as contract sales agents and regional distributors.
| Type | Public | |
| Founded | 1923 | |
| HQ | Exton, PA, US | Map |
| Website | westpharma.com | |
| Employee Ratings | More | |
| Overall Culture | D | More |
Recent NewsAll News
- West Pharmaceutical Commits $18M to Expand Manufacturing Site
- West Pharmaceutical in Lycoming County set for expansion , will create 200 new area jobs
- West Pharmaceuticals expanding
- Pharmaceutics International, Inc. (Pii) to Platform West Pharmaceutical Services, Inc.’s Daikyo Crystal Zenith® Container-Closure Components for Aseptic Fill-Finish
Key People/Management at West Pharmaceutical Services
Silji Abraham
Senior Vice President & Chief Technology Officer
Bernard J. Birkett
Senior Vice President & Chief Financial Officer
Annette F. Favorite
Senior Vice President & Chief Human Resources Officer
Quintin Lai
Vice President Corporate Development, Strategy & Investor Relations
Kimberly Banks MacKay
Senior Vice President, General Counsel & Secretary
David A. Montecalvo
Senior Vice President, Chief Operations and Supply Chain Officer
West Pharmaceutical Services Office Locations
West Pharmaceutical Services has offices in Exton, Grand Rapids, Jersey Shore, Kearney and in 34 other locations
Exton, PA, US (HQ)
530 Herman O. W Dr
Grand Rapids, MI, US
3116 N Wilson Ct NW
Jersey Shore, PA, US
347 Oliver St
Kearney, NE, US
923 N Railroad St
Kinston, NC, US
1028 Innovation Way
Scottsdale, AZ, US
14677 N 74th St
West Pharmaceutical Services Financials and Metrics
West Pharmaceutical Services Revenue
West Pharmaceutical Services's revenue was reported to be $2.15 b in FY, 2020 which is a 16.7% increase from the previous period.
| USD | |
|---|---|
Revenue (Q2, 2021) | 723.6m |
Gross profit (Q2, 2021) | 315.1m |
Gross profit margin (Q2, 2021), % | 43.5% |
Net income (Q2, 2021) | 187.3m |
EBIT (Q2, 2021) | 211.3m |
Market capitalization (9-Sept-2021) | 34.1b |
Closing stock price (9-Sept-2021) | 461.2 |
Cash (30-Jun-2021) | 576.2m |
EV | 33.8b |
West Pharmaceutical Services's current market capitalization is $34.1 b.
Annual
Quarterly
Annual
Quarterly
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|
Net Income | 55.4m | 121.5m | 177.8m | 74.3m | 165.5m | 247.8m | 151.2m | 338.5m |
Depreciation and Amortization | 25.5m | 51.8m | 77.1m | 26.0m | 52.4m | 80.6m | 29.1m | 57.9m |
Cash From Operating Activities | 47.6m | 152.7m | 260.8m | 57.1m | 205.2m | 323.8m | 88.7m | 233.1m |
Purchases of PP&E | (28.8m) | (57.1m) | (88.8m) | (32.1m) | (69.2m) | (116.7m) | (54.7m) | (111.6m) |
| USD | FY, 2018 |
|---|---|
EV/EBIT | 29.6 x |
EV/CFO | 24.7 x |
Revenue/Employee | 223.0k |
Debt/Equity | 0.1 x |
Debt/Assets | 0.1 x |
Financial Leverage | 1.4 x |
P/E Ratio | 35.8 |
West Pharmaceutical Services Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Drug Delivery Assets From Plastef Investissements SA | July 07, 2019 | |
| Medimop Medical Projects, Ltd. | August 02, 2005 | |
| The Tech Group, Inc. | May 24, 2005 | |
| Tech Group Europe Limited (dba West) | ||
| Tech Group Grand Rapids, Inc. (dba West) | ||
| TGPR Holdings Limited | ||
| WD SG Pte. Ltd. | ||
| West Analytical Services, LLC | ||
| West Contract Manufacturing, LLC | ||
| West Pharmaceutical Packaging (China) Company Ltd. |
West Pharmaceutical Services Revenue Breakdown
West Pharmaceutical Services revenue breakdown by business segment: 23.2% from Contract-Manufactured Products and 76.8% from Proprietary Products
West Pharmaceutical Services revenue breakdown by geographic segment: 45.4% from United States, 10.5% from Ireland, 13.1% from Germany, 8.0% from France, 11.0% from Other European countries and 11.8% from Other
West Pharmaceutical Services Cybersecurity Score
West Pharmaceutical Services Online and Social Media Presence
2.42k Twitter followers
West Pharmaceutical Services has 2.42k Twitter Followers. The number of followers has increased 0.2% month over month and increased 1% quarter over quarter
West Pharmaceutical Services's Trends
Twitter Engagement Stats for @WestPharma
8.3k
Tweets
408
Following
2.4k
Followers
45
Tweets last 30 days
0.3
Avg. likes per Tweet
48.9%
Tweets with engagement
West Pharmaceutical Services Company Culture
Overall Culture
D
60/100
CEO Rating
F
50/100
Compensation
D
54/100
West Pharmaceutical Services News and Updates
August 06, 2021
West Pharmaceutical Commits $18M to Expand Manufacturing Site
West Pharmaceutical Commits $18M to Expand Manufacturing Site
August 04, 2021
West Pharmaceutical in Lycoming County set for expansion , will create 200 new area jobs
West Pharmaceutical in Lycoming County set for expansion , will create 200 new area jobs
August 04, 2021
West Pharmaceuticals expanding
Gov. Tom Wolf announced Wednesday that West Pharmaceutical Services Inc., a global manufacturer in design and production of delivery systems for injectable medicines, will expand and modernize its Williamsport manufacturing plant, investing over $18 million into the expansion.
August 03, 2021
Pharmaceutics International, Inc. (Pii) to Platform West Pharmaceutical Services, Inc.’s Daikyo Crystal Zenith® Container-Closure Components for Aseptic Fill-Finish
Hunt Valley, MD, Aug. 03, 2021 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE Pharmaceutics International, Inc. (Pii)
July 29, 2021
West Pharmaceutical Services (WST) Q2 2021 Earnings Call Transcript
WST earnings call for the period ending June 30, 2021.
July 29, 2021
West Announces Second-Quarter 2021 Results
West Pharmaceutical Services, Inc. (NYSE: WST) today announced its financial results for the second-quarter 2021 and updated full-year 2021 financial guidance.
West Pharmaceutical Services Blogs
August 23, 2021
Molly E. Joseph
Molly E. Joseph
Jessie.Mijeno@…
Mon, 08/23/2021 - 14:41
Molly
E.
Joseph
Advisor and Former Chief Executive Officer, UnitedHealthcare Global
Age 47
Director since 2021
Ms. Joseph is the former Chief Executive Officer of UnitedHealthcare G…
July 29, 2021
West Announces Second-Quarter 2021 Results
- Conference Call Scheduled for 9 a.m. EDT Today - EXTON, Pa. , July 29, 2021 /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST) today announced its financial results for the second-quarter 2021 and updated full-year 2021 financial guidance.
July 15, 2021
West to Host Second-Quarter 2021 Conference Call
EXTON, Pa. , July 15, 2021 /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration, today announced that it will release second-quarter 2021 financial results before the market opens on Thursday, July 29, 2021 ,
June 29, 2021
Q2 2021 West Pharmaceutical Services Earnings Conference Call
Q2 2021 West Pharmaceutical Services Earnings Conference Call
James.Jordan@n…
Tue, 06/29/2021 - 16:42
Q2 2021 West Pharmaceutical Services Earnings Conference Call
Display "add to calendar"
true
Event Type
Earnings Conference Call
…
April 29, 2021
West Announces First-Quarter 2021 Results
West Announces First-Quarter 2021 Results
Content Import
Thu, 04/29/2021 - 06:01
West Announces First-Quarter 2021 Results
Apr 29, 2021
This release is a backfill from a News Wire
Earnings
- Conference Call Scheduled for 9 a.m. EDT T…
April 15, 2021
West to Host First-Quarter 2021 Conference Call
West to Host First-Quarter 2021 Conference Call
Content Import
Thu, 04/15/2021 - 06:01
West to Host First-Quarter 2021 Conference Call
Apr 15, 2021
This release is a backfill from a News Wire
General
EXTON, Pa., April 15, 2021 /PRNe…
West Pharmaceutical Services Frequently Asked Questions
When was West Pharmaceutical Services founded?
West Pharmaceutical Services was founded in 1923.
Who are West Pharmaceutical Services key executives?
West Pharmaceutical Services's key executives are Silji Abraham, Bernard J. Birkett and Annette F. Favorite.
How many employees does West Pharmaceutical Services have?
West Pharmaceutical Services has 9,200 employees.
What is West Pharmaceutical Services revenue?
Latest West Pharmaceutical Services annual revenue is $2.1 b.
What is West Pharmaceutical Services revenue per employee?
Latest West Pharmaceutical Services revenue per employee is $233.4 k.
Who are West Pharmaceutical Services competitors?
Competitors of West Pharmaceutical Services include Rondo, Nipro Corporation and O-I Glass.
Where is West Pharmaceutical Services headquarters?
West Pharmaceutical Services headquarters is located at 530 Herman O. W Dr, Exton.
Where are West Pharmaceutical Services offices?
West Pharmaceutical Services has offices in Exton, Grand Rapids, Jersey Shore, Kearney and in 34 other locations.
How many offices does West Pharmaceutical Services have?
West Pharmaceutical Services has 43 offices.
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