West Pharmaceutical Services Inc (WST) — Cash Flow Quality Index
West Pharmaceutical Services Inc (WST) has a Cash Flow Quality Index of 0.65x as of March 2026. Operating cash flow of $89.90 Million is below net income of $138.80 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore WST cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
West Pharmaceutical Services Inc Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for West Pharmaceutical Services Inc across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see WST cash flow conversion.
Annual Cash Flow Quality Index for West Pharmaceutical Services Inc (1989–2025)
Year-by-year earnings quality comparison for West Pharmaceutical Services Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.53x | $754.80 Million | $493.70 Million | ▲ +15.3% |
| 2024 | 1.33x | $653.40 Million | $492.70 Million | ▲ +1.3% |
| 2023 | 1.31x | $776.50 Million | $593.40 Million | ▲ +5.9% |
| 2022 | 1.24x | $724.00 Million | $585.90 Million | ▲ +40.0% |
| 2021 | 0.88x | $584.00 Million | $661.80 Million | ▼ -35.3% |
| 2020 | 1.36x | $472.50 Million | $346.20 Million | ▼ -10.2% |
| 2019 | 1.52x | $367.20 Million | $241.70 Million | ▲ +8.9% |
| 2018 | 1.39x | $288.60 Million | $206.90 Million | ▼ -20.2% |
| 2017 | 1.75x | $263.30 Million | $150.70 Million | ▲ +14.4% |
| 2016 | 1.53x | $219.40 Million | $143.60 Million | ▼ -31.2% |
| 2015 | 2.22x | $212.40 Million | $95.60 Million | ▲ +54.4% |
| 2014 | 1.44x | $182.90 Million | $127.10 Million | ▼ -26.7% |
| 2013 | 1.96x | $220.50 Million | $112.30 Million | ▼ -15.4% |
| 2012 | 2.32x | $187.40 Million | $80.70 Million | ▲ +34.1% |
| 2011 | 1.73x | $130.70 Million | $75.50 Million | ▼ -18.3% |
| 2010 | 2.12x | $138.30 Million | $65.30 Million | ▲ +11.7% |
| 2009 | 1.90x | $137.70 Million | $72.60 Million | ▲ +20.8% |
| 2008 | 1.57x | $135.00 Million | $86.00 Million | ▼ -14.1% |
| 2007 | 1.83x | $129.20 Million | $70.70 Million | ▼ -14.7% |
| 2006 | 2.14x | $143.80 Million | $67.10 Million | ▲ +14.2% |
| 2005 | 1.88x | $85.60 Million | $45.60 Million | ▼ -47.1% |
| 2004 | 3.55x | $68.90 Million | $19.40 Million | ▲ +63.7% |
| 2003 | 2.17x | $69.20 Million | $31.90 Million | ▼ -25.9% |
| 2002 | 2.93x | $53.90 Million | $18.40 Million | ▲ +75.6% |
| 2001 | 1.67x | $32.70 Million | $19.60 Million | ▼ -94.5% |
| 2000 | 30.38x | $48.60 Million | $1.60 Million | ▲ +1593.8% |
| 1999 | 1.79x | $69.40 Million | $38.70 Million | ▼ -83.1% |
| 1998 | 10.60x | $71.00 Million | $6.70 Million | ▲ +595.0% |
| 1997 | 1.52x | $67.70 Million | $44.40 Million | ▼ -60.6% |
| 1996 | 3.87x | $63.40 Million | $16.40 Million | ▲ +140.7% |
| 1995 | 1.61x | $46.10 Million | $28.70 Million | ▼ -11.9% |
| 1994 | 1.82x | $49.80 Million | $27.30 Million | ▲ +6.6% |
| 1993 | 1.71x | $38.50 Million | $22.50 Million | ▼ -0.9% |
| 1992 | 1.73x | $34.00 Million | $19.70 Million | ▼ -79.4% |
| 1990 | 8.37x | $36.00 Million | $4.30 Million | ▲ +304.0% |
| 1989 | 2.07x | $42.90 Million | $20.70 Million | — |