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West Pharmaceutical Services
WST · NYSEHealthcare — Medical Instruments & Supplies
The economic chain
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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
Inputs &supplyAPIs, bioprocess, compone…ManufacturingDrug substance, fill-fini…ProductsMedicines, therapies, dev…Providers &patientsHospitals, surgeons, pati…BRElastomer & rubber suppliersGLGlass & resin suppliersDKDaikyo SeikoWSTWest Pharmaceutical ServicesCLOElastomer closures & sealsSYRSyringes & self-injection systemsCMContract-manufactured devicesLLYEli LillyNVONovo NordiskRXPharma & biotech buyersPTHospitals & patients
Company details
Market cap
$23B
P/E ratio
40×
Div yield
0.3%
Adj. EPS (2025)
$6.75
Revenue
$3.07B
Rev. growth
+6%
Op. cash flow
$0.65B
Mfg sites
~26
In plain English
West makes the small rubber-and-glass parts that keep injectable medicines safe: the elastomeric stoppers, seals and plungers that close a vial or syringe, plus the prefillable syringes and self-injection devices that deliver the drug. It is the quiet 'picks-and-shovels' supplier behind almost every injectable — and a direct beneficiary of the GLP-1 weight-loss boom, since every Ozempic-style pen needs West's components.
In simple terms
What West Pharmaceutical Services really sells
West makes the small rubber-and-glass parts that keep injectable medicines safe: the elastomeric stoppers, seals and plungers that close a vial or syringe, plus the prefillable syringes and self-injection devices that deliver the drug. It is the quiet 'picks-and-shovels' supplier behind almost every injectable — and a direct beneficiary of the GLP-1 weight-loss boom, since every Ozempic-style pen needs West's components.
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Risk read
Moderate
SteadierMore speculative
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