West Pharmaceutical Services annual net debt
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2025
West Pharmaceutical Services Net Debt Growth & History (WST)
West Pharmaceutical Services's net debt was −$465.1M for fiscal 2025.
View full West Pharmaceutical Services company overviewWest Pharmaceutical Services annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$465.1M | −$285.8M | — |
| 2024 | 2024-12-31 | −$179.3M | $365.6M | — |
| 2023 | 2023-12-31 | −$544.9M | $31.5M | — |
| 2022 | 2022-12-31 | −$576.4M | −$139.1M | — |
| 2021 | 2021-12-31 | −$437.3M | −$147.5M | — |
| 2020 | 2020-12-31 | −$289.8M | −$180.0M | — |
| 2019 | 2019-12-31 | −$109.8M | $31.5M | — |
| 2018 | 2018-12-31 | −$141.3M | −$102.4M | — |
| 2017 | 2017-12-31 | −$38.9M | −$64.5M | — |
| 2016 | 2016-12-31 | $25.6M | $2.0M | +8.47% |
| 2015 | 2015-12-31 | $23.6M | −$56.6M | −70.57% |
| 2014 | 2014-12-31 | $80.2M | −$63.3M | −44.11% |
| 2013 | 2013-12-31 | $143.5M | −$106.1M | −42.51% |
| 2012 | 2012-12-31 | $249.6M | −$8.0M | −3.11% |
| 2011 | 2011-12-31 | $257.6M | $9.4M | +3.79% |
| 2010 | 2010-12-31 | $248.2M | −$48.3M | −16.29% |
| 2009 | 2009-12-31 | $296.5M | — | — |
West Pharmaceutical Services quarterly net debt
Q4.09
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
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Q3.13
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Q2.14
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Q3.16
Q4.16
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Q2.17
Q3.17
Q4.17
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Q3.18
Q4.18
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Q2.19
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Q4.19
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Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$119.3M | $82.2M | — |
| Q1 2026 | 2026-03-31 | −$200.4M | −$103.6M | — |
| Q4 2025 | 2025-12-31 | −$465.1M | −$285.8M | — |
| Q3 2025 | 2025-09-30 | −$325.5M | −$142.5M | — |
| Q2 2025 | 2025-06-30 | −$201.5M | −$69.3M | — |
| Q1 2025 | 2025-03-31 | −$96.8M | $198.4M | — |
| Q4 2024 | 2024-12-31 | −$179.3M | $365.6M | — |
| Q3 2024 | 2024-09-30 | −$183.0M | $408.8M | — |
| Q2 2024 | 2024-06-30 | −$132.2M | $352.8M | — |
| Q1 2024 | 2024-03-31 | −$295.2M | $276.7M | — |
| Q4 2023 | 2023-12-31 | −$544.9M | $31.5M | — |
| Q3 2023 | 2023-09-30 | −$591.8M | −$162.7M | — |
| Q2 2023 | 2023-06-30 | −$485.0M | −$99.0M | — |
| Q1 2023 | 2023-03-31 | −$571.9M | −$235.4M | — |
| Q4 2022 | 2022-12-31 | −$576.4M | −$139.1M | — |
| Q3 2022 | 2022-09-30 | −$429.1M | −$56.7M | — |
| Q2 2022 | 2022-06-30 | −$386.0M | −$129.2M | — |
| Q1 2022 | 2022-03-31 | −$336.5M | −$174.2M | — |
| Q4 2021 | 2021-12-31 | −$437.3M | −$147.5M | — |
| Q3 2021 | 2021-09-30 | −$372.4M | −$178.5M | — |
| Q2 2021 | 2021-06-30 | −$256.8M | −$137.8M | — |
| Q1 2021 | 2021-03-31 | −$162.3M | −$154.3M | — |
| Q4 2020 | 2020-12-31 | −$289.8M | −$180.0M | — |
| Q3 2020 | 2020-09-30 | −$193.9M | −$66.3M | — |
| Q2 2020 | 2020-06-30 | −$119.0M | −$64.9M | — |
| Q1 2020 | 2020-03-31 | −$8.0M | −$15.6M | — |
| Q4 2019 | 2019-12-31 | −$109.8M | $31.5M | — |
| Q3 2019 | 2019-09-30 | −$127.6M | −$26.5M | — |
| Q2 2019 | 2019-06-30 | −$54.1M | −$25.0M | — |
| Q1 2019 | 2019-03-31 | $7.6M | $9.4M | — |
| Q4 2018 | 2018-12-31 | −$141.3M | −$102.4M | — |
| Q3 2018 | 2018-09-30 | −$101.1M | −$61.6M | — |
| Q2 2018 | 2018-06-30 | −$29.1M | −$32.0M | — |
| Q1 2018 | 2018-03-31 | −$1.8M | −$61.0M | — |
| Q4 2017 | 2017-12-31 | −$38.9M | −$64.5M | — |
| Q3 2017 | 2017-09-30 | −$39.5M | −$64.8M | — |
| Q2 2017 | 2017-06-30 | $2.9M | −$25.8M | −89.90% |
| Q1 2017 | 2017-03-31 | $59.2M | $5.3M | +9.83% |
| Q4 2016 | 2016-12-31 | $25.6M | $2.0M | +8.47% |
| Q3 2016 | 2016-09-30 | $25.3M | −$20.4M | −44.64% |
| Q2 2016 | 2016-06-30 | $28.7M | −$46.0M | −61.58% |
| Q1 2016 | 2016-03-31 | $53.9M | −$69.7M | −56.39% |
| Q4 2015 | 2015-12-31 | $23.6M | −$56.6M | −70.57% |
| Q3 2015 | 2015-09-30 | $45.7M | −$50.2M | −52.35% |
| Q2 2015 | 2015-06-30 | $74.7M | −$60.1M | −44.58% |
| Q1 2015 | 2015-03-31 | $123.6M | −$51.3M | −29.33% |
| Q4 2014 | 2014-12-31 | $80.2M | −$63.3M | −44.11% |
| Q3 2014 | 2014-09-30 | $95.9M | −$82.4M | −46.21% |
| Q2 2014 | 2014-06-30 | $134.8M | −$69.4M | −33.99% |
| Q1 2014 | 2014-03-31 | $174.9M | −$80.2M | −31.44% |
| Q4 2013 | 2013-12-31 | $143.5M | −$106.1M | −42.51% |
| Q3 2013 | 2013-09-30 | $178.3M | −$79.9M | −30.95% |
| Q2 2013 | 2013-06-30 | $204.2M | −$74.3M | −26.68% |
| Q1 2013 | 2013-03-31 | $255.1M | −$26.1M | −9.28% |
| Q4 2012 | 2012-12-31 | $249.6M | −$8.0M | −3.11% |
| Q3 2012 | 2012-09-30 | $258.2M | −$600,000 | −0.23% |
| Q2 2012 | 2012-06-30 | $278.5M | $15.4M | +5.85% |
| Q1 2012 | 2012-03-31 | $281.2M | $4.8M | +1.74% |
| Q4 2011 | 2011-12-31 | $257.6M | $9.4M | +3.79% |
| Q3 2011 | 2011-09-30 | $258.8M | −$14.8M | −5.41% |
| Q2 2011 | 2011-06-30 | $263.1M | −$26.6M | −9.18% |
| Q1 2011 | 2011-03-31 | $276.4M | — | — |
| Q4 2010 | 2010-12-31 | $248.2M | −$48.3M | −16.29% |
| Q3 2010 | 2010-09-30 | $273.6M | — | — |
| Q2 2010 | 2010-06-30 | $289.7M | — | — |
| Q4 2009 | 2009-12-31 | $296.5M | — | — |
West Pharmaceutical Services net debt trends
Over the last five fiscal years, West Pharmaceutical Services's net debt decreased from −$289.8M to −$465.1M, a change of −$175.3M. The latest reported quarter, Q2 2026, shows −$119.3M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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