West Pharmaceutical Services Gross Margin 2010-2024 | WST
- West Pharmaceutical Services average gross margin for 2023 was 38.32%, a 5.34% decline from 2022.
- West Pharmaceutical Services average gross margin for 2022 was 40.48%, a 1.91% decline from 2021.
- West Pharmaceutical Services average gross margin for 2021 was 39.72%, a 15.26% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.