West Pharmaceutical Services Inc (WST) — Capital Reinvestment Ratio
West Pharmaceutical Services Inc (WST) has a Capital Reinvestment Ratio of 0.47x as of March 2026, meaning it reinvests 0% of its operating cash flow ($89.90 Million) in capital expenditures ($42.70 Million). Check WST intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
West Pharmaceutical Services Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks West Pharmaceutical Services Inc's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see West Pharmaceutical Services Inc cash conversion from operations.
Annual Capital Reinvestment Ratio for West Pharmaceutical Services Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for West Pharmaceutical Services Inc from 1989 to 2025. See West Pharmaceutical Services Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.38x | $754.80 Million | $285.90 Million | ▼ -34.4% |
| 2024 | 0.58x | $653.40 Million | $377.00 Million | ▲ +23.8% |
| 2023 | 0.47x | $776.50 Million | $362.00 Million | ▲ +18.6% |
| 2022 | 0.39x | $724.00 Million | $284.60 Million | ▼ -9.4% |
| 2021 | 0.43x | $584.00 Million | $253.40 Million | ▲ +17.6% |
| 2020 | 0.37x | $472.50 Million | $174.40 Million | ▲ +7.2% |
| 2019 | 0.34x | $367.20 Million | $126.40 Million | ▼ -5.1% |
| 2018 | 0.36x | $288.60 Million | $104.70 Million | ▼ -27.0% |
| 2017 | 0.50x | $263.30 Million | $130.80 Million | ▼ -36.0% |
| 2016 | 0.78x | $219.40 Million | $170.20 Million | ▲ +25.2% |
| 2015 | 0.62x | $212.40 Million | $131.60 Million | ▲ +1.1% |
| 2014 | 0.61x | $182.90 Million | $112.10 Million | ▼ -13.3% |
| 2013 | 0.71x | $220.50 Million | $155.80 Million | ▲ +0.3% |
| 2012 | 0.70x | $187.40 Million | $132.00 Million | ▼ -4.9% |
| 2011 | 0.74x | $130.70 Million | $96.80 Million | ▲ +38.8% |
| 2010 | 0.53x | $138.30 Million | $73.80 Million | ▼ -31.8% |
| 2009 | 0.78x | $137.70 Million | $107.80 Million | ▼ -24.0% |
| 2008 | 1.03x | $135.00 Million | $139.10 Million | ▲ +2.9% |
| 2007 | 1.00x | $129.20 Million | $129.40 Million | ▲ +59.5% |
| 2006 | 0.63x | $143.80 Million | $90.30 Million | ▼ -0.6% |
| 2005 | 0.63x | $85.60 Million | $54.10 Million | ▼ -24.1% |
| 2004 | 0.83x | $68.90 Million | $57.40 Million | ▼ -5.2% |
| 2003 | 0.88x | $69.20 Million | $60.80 Million | ▲ +25.6% |
| 2002 | 0.70x | $53.90 Million | $37.70 Million | ▼ -48.1% |
| 2001 | 1.35x | $32.70 Million | $44.10 Million | ▲ +14.4% |
| 2000 | 1.18x | $48.60 Million | $57.30 Million | ▲ +29.1% |
| 1999 | 0.91x | $69.40 Million | $63.40 Million | ▼ -15.4% |
| 1998 | 1.08x | $71.00 Million | $76.70 Million | ▲ +112.6% |
| 1997 | 0.51x | $67.70 Million | $34.40 Million | ▲ +1.6% |
| 1996 | 0.50x | $63.40 Million | $31.70 Million | ▼ -26.4% |
| 1995 | 0.68x | $46.10 Million | $31.30 Million | ▲ +24.8% |
| 1994 | 0.54x | $49.80 Million | $27.10 Million | ▼ -37.5% |
| 1993 | 0.87x | $38.50 Million | $33.50 Million | ▲ +32.1% |
| 1992 | 0.66x | $34.00 Million | $22.40 Million | ▲ +14.7% |
| 1991 | 0.57x | $44.40 Million | $25.50 Million | ▼ -37.7% |
| 1990 | 0.92x | $36.00 Million | $33.20 Million | ▲ +15.3% |
| 1989 | 0.80x | $42.90 Million | $34.30 Million | — |