West Pharmaceutical Services Inc (WST) — Tangible Net Worth Ratio
West Pharmaceutical Services Inc (WST) has a Tangible Net Worth Ratio of 99.8% as of March 2026. This metric is calculated by deducting intangible assets ($7.00 Million) from net assets ($2.99 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See shareholders equity of West Pharmaceutical Services Inc for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
West Pharmaceutical Services Inc Tangible Net Worth Ratio (1985–2025)
This chart shows how West Pharmaceutical Services Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 99.8%, reflecting net assets of $2.99 Billion with intangible assets of $7.00 Million USD. Also explore how fast is West Pharmaceutical Services Inc growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for West Pharmaceutical Services Inc (1985–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for West Pharmaceutical Services Inc from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see West Pharmaceutical Services Inc market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.8% | $3.18 Billion | $7.70 Million | $4.27 Billion | ▲ +0.2 pp |
| 2024 | 99.6% | $2.68 Billion | $10.80 Million | $3.64 Billion | ▲ +0.1 pp |
| 2023 | 99.5% | $2.88 Billion | $15.10 Million | $3.83 Billion | ▲ +0.2 pp |
| 2022 | 99.3% | $2.68 Billion | $18.40 Million | $3.62 Billion | ▲ +0.3 pp |
| 2021 | 99.0% | $2.34 Billion | $23.00 Million | $3.31 Billion | ▲ +0.7 pp |
| 2020 | 98.4% | $1.85 Billion | $30.50 Million | $2.79 Billion | ▲ +0.2 pp |
| 2019 | 98.1% | $1.57 Billion | $29.80 Million | $2.34 Billion | ▲ +0.1 pp |
| 2018 | 98.0% | $1.01 Billion | $20.40 Million | $1.59 Billion | ▼ -0.7 pp |
| 2017 | 98.7% | $1.67 Billion | $21.70 Million | $1.86 Billion | ▲ +0.8 pp |
| 2016 | 97.9% | $1.12 Billion | $23.30 Million | $1.72 Billion | ▲ +1.6 pp |
| 2015 | 96.3% | $1.02 Billion | $37.60 Million | $1.70 Billion | ▲ +0.7 pp |
| 2014 | 95.6% | $958.10 Million | $42.00 Million | $1.67 Billion | ▲ +0.9 pp |
| 2013 | 94.7% | $906.40 Million | $48.30 Million | $1.67 Billion | ▲ +1.6 pp |
| 2012 | 93.1% | $728.90 Million | $50.60 Million | $1.56 Billion | ▲ +1.0 pp |
| 2011 | 92.1% | $654.90 Million | $52.00 Million | $1.40 Billion | ▲ +0.9 pp |
| 2010 | 91.2% | $625.70 Million | $55.10 Million | $1.29 Billion | ▲ +0.8 pp |
| 2009 | 90.4% | $579.10 Million | $55.60 Million | $1.27 Billion | ▲ +0.7 pp |
| 2008 | 89.7% | $487.10 Million | $50.00 Million | $1.17 Billion | ▲ +0.9 pp |
| 2007 | 88.8% | $490.90 Million | $55.00 Million | $1.19 Billion | ▲ +4.6 pp |
| 2006 | 84.2% | $419.30 Million | $66.30 Million | $918.20 Million | ▲ +5.0 pp |
| 2005 | 79.1% | $334.10 Million | $69.70 Million | $823.60 Million | ▼ -6.8 pp |
| 2004 | 85.9% | $310.60 Million | $43.70 Million | $658.70 Million | ▲ +4.7 pp |
| 2003 | 81.2% | $257.60 Million | $48.40 Million | $623.60 Million | ▲ +2.5 pp |
| 2002 | 78.7% | $208.70 Million | $44.50 Million | $536.80 Million | ▼ -2.9 pp |
| 2001 | 81.6% | $176.80 Million | $32.60 Million | $511.30 Million | ▲ +6.0 pp |
| 2000 | 75.5% | $214.10 Million | $52.40 Million | $557.40 Million | ▲ +4.2 pp |
| 1999 | 71.3% | $232.00 Million | $66.50 Million | $551.80 Million | ▼ -1.8 pp |
| 1998 | 73.2% | $228.20 Million | $61.20 Million | $505.60 Million | ▼ -8.3 pp |
| 1997 | 81.4% | $278.10 Million | $51.60 Million | $477.90 Million | ▲ +4.8 pp |
| 1996 | 76.7% | $252.30 Million | $58.90 Million | $477.40 Million | ▲ +1.4 pp |
| 1995 | 75.2% | $254.30 Million | $63.00 Million | $480.10 Million | ▼ -10.0 pp |
| 1994 | 85.2% | $229.20 Million | $33.90 Million | $397.40 Million | ▼ -8.4 pp |
| 1993 | 93.6% | $199.00 Million | $12.70 Million | $307.40 Million | ▲ +1.5 pp |
| 1992 | 92.1% | $178.70 Million | $14.10 Million | $304.40 Million | ▲ +1.4 pp |
| 1991 | 90.7% | $161.10 Million | $15.00 Million | $313.20 Million | ▲ +0.2 pp |
| 1990 | 90.5% | $187.80 Million | $17.80 Million | $343.50 Million | ▼ -2.0 pp |
| 1989 | 92.5% | $188.80 Million | $14.20 Million | $313.00 Million | ▼ -0.1 pp |
| 1988 | 92.5% | $171.40 Million | $12.80 Million | $298.90 Million | ▲ +0.4 pp |
| 1987 | 92.1% | $155.80 Million | $12.30 Million | $280.10 Million | ▼ -1.4 pp |
| 1986 | 93.5% | $138.90 Million | $9.00 Million | $237.40 Million | ▼ -6.5 pp |
| 1985 | 100.0% | $119.50 Million | $0.00 | $179.00 Million | — |