vs

Side-by-side financial comparison of FinVolution Group (FINV) and West Pharmaceutical Services (WST). Click either name above to swap in a different company.

West Pharmaceutical Services is the larger business by last-quarter revenue ($805.0M vs $479.7M, roughly 1.7× FinVolution Group). FinVolution Group runs the higher net margin — 21.2% vs 16.4%, a 4.8% gap on every dollar of revenue. West Pharmaceutical Services produced more free cash flow last quarter ($175.0M vs $70.6M).

Volution Group plc is a manufacturer of ventilation equipment for commercial and residential customers. Based in Crawley, West Sussex, the company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

West Pharmaceutical Services, Inc. is a designer and manufacturer of injectable pharmaceutical packaging and delivery systems. Founded in 1923 by Herman O. West and J.R. Wike of Philadelphia, the company is headquartered in Exton, Pennsylvania. In its early years of development, West produced rubber components for packaging injectable drugs, providing a sterile environment for the producers of penicillin and insulin.

FINV vs WST — Head-to-Head

Bigger by revenue
WST
WST
1.7× larger
WST
$805.0M
$479.7M
FINV
Higher net margin
FINV
FINV
4.8% more per $
FINV
21.2%
16.4%
WST
More free cash flow
WST
WST
$104.4M more FCF
WST
$175.0M
$70.6M
FINV

Income Statement — Q1 FY2025 vs Q4 FY2025

Metric
FINV
FINV
WST
WST
Revenue
$479.7M
$805.0M
Net Profit
$101.7M
$132.1M
Gross Margin
37.8%
Operating Margin
44.6%
19.5%
Net Margin
21.2%
16.4%
Revenue YoY
7.5%
Net Profit YoY
1.5%
EPS (diluted)
$1.82

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FINV
FINV
WST
WST
Q4 25
$805.0M
Q3 25
$804.6M
Q2 25
$766.5M
Q1 25
$479.7M
$698.0M
Q4 24
$748.8M
Q3 24
$746.9M
Q2 24
$702.1M
Q1 24
$695.4M
Net Profit
FINV
FINV
WST
WST
Q4 25
$132.1M
Q3 25
$140.0M
Q2 25
$131.8M
Q1 25
$101.7M
$89.8M
Q4 24
$130.1M
Q3 24
$136.0M
Q2 24
$111.3M
Q1 24
$115.3M
Gross Margin
FINV
FINV
WST
WST
Q4 25
37.8%
Q3 25
36.6%
Q2 25
35.7%
Q1 25
33.2%
Q4 24
36.5%
Q3 24
35.4%
Q2 24
32.8%
Q1 24
33.1%
Operating Margin
FINV
FINV
WST
WST
Q4 25
19.5%
Q3 25
20.8%
Q2 25
20.1%
Q1 25
44.6%
15.3%
Q4 24
21.3%
Q3 24
21.6%
Q2 24
18.0%
Q1 24
17.7%
Net Margin
FINV
FINV
WST
WST
Q4 25
16.4%
Q3 25
17.4%
Q2 25
17.2%
Q1 25
21.2%
12.9%
Q4 24
17.4%
Q3 24
18.2%
Q2 24
15.9%
Q1 24
16.6%
EPS (diluted)
FINV
FINV
WST
WST
Q4 25
$1.82
Q3 25
$1.92
Q2 25
$1.82
Q1 25
$1.23
Q4 24
$1.78
Q3 24
$1.85
Q2 24
$1.51
Q1 24
$1.55

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FINV
FINV
WST
WST
Cash + ST InvestmentsLiquidity on hand
$745.0M
$791.3M
Total DebtLower is stronger
$202.8M
Stockholders' EquityBook value
$3.2B
Total Assets
$3.4B
$4.3B
Debt / EquityLower = less leverage
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FINV
FINV
WST
WST
Q4 25
$791.3M
Q3 25
$628.5M
Q2 25
$509.7M
Q1 25
$745.0M
$404.2M
Q4 24
$484.6M
Q3 24
$490.9M
Q2 24
$446.2M
Q1 24
$601.8M
Total Debt
FINV
FINV
WST
WST
Q4 25
$202.8M
Q3 25
$202.7M
Q2 25
$202.6M
Q1 25
$202.6M
Q4 24
$202.6M
Q3 24
$202.6M
Q2 24
$205.8M
Q1 24
$206.2M
Stockholders' Equity
FINV
FINV
WST
WST
Q4 25
$3.2B
Q3 25
$3.1B
Q2 25
$2.9B
Q1 25
$2.7B
Q4 24
$2.7B
Q3 24
$2.8B
Q2 24
$2.6B
Q1 24
$2.7B
Total Assets
FINV
FINV
WST
WST
Q4 25
$4.3B
Q3 25
$4.1B
Q2 25
$4.0B
Q1 25
$3.4B
$3.6B
Q4 24
$3.6B
Q3 24
$3.7B
Q2 24
$3.5B
Q1 24
$3.6B
Debt / Equity
FINV
FINV
WST
WST
Q4 25
0.06×
Q3 25
0.07×
Q2 25
0.07×
Q1 25
0.08×
Q4 24
0.08×
Q3 24
0.07×
Q2 24
0.08×
Q1 24
0.08×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FINV
FINV
WST
WST
Operating Cash FlowLast quarter
$72.0M
$251.1M
Free Cash FlowOCF − Capex
$70.6M
$175.0M
FCF MarginFCF / Revenue
14.7%
21.7%
Capex IntensityCapex / Revenue
0.3%
9.5%
Cash ConversionOCF / Net Profit
0.71×
1.90×
TTM Free Cash FlowTrailing 4 quarters
$468.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FINV
FINV
WST
WST
Q4 25
$251.1M
Q3 25
$197.2M
Q2 25
$177.1M
Q1 25
$72.0M
$129.4M
Q4 24
$190.1M
Q3 24
$180.1M
Q2 24
$165.0M
Q1 24
$118.2M
Free Cash Flow
FINV
FINV
WST
WST
Q4 25
$175.0M
Q3 25
$133.9M
Q2 25
$101.9M
Q1 25
$70.6M
$58.1M
Q4 24
$85.2M
Q3 24
$98.8M
Q2 24
$64.8M
Q1 24
$27.6M
FCF Margin
FINV
FINV
WST
WST
Q4 25
21.7%
Q3 25
16.6%
Q2 25
13.3%
Q1 25
14.7%
8.3%
Q4 24
11.4%
Q3 24
13.2%
Q2 24
9.2%
Q1 24
4.0%
Capex Intensity
FINV
FINV
WST
WST
Q4 25
9.5%
Q3 25
7.9%
Q2 25
9.8%
Q1 25
0.3%
10.2%
Q4 24
14.0%
Q3 24
10.9%
Q2 24
14.3%
Q1 24
13.0%
Cash Conversion
FINV
FINV
WST
WST
Q4 25
1.90×
Q3 25
1.41×
Q2 25
1.34×
Q1 25
0.71×
1.44×
Q4 24
1.46×
Q3 24
1.32×
Q2 24
1.48×
Q1 24
1.03×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FINV
FINV

Segment breakdown not available.

WST
WST

Proprietary Products$661.8M82%
Contract Manufactured Products$143.2M18%
Affiliated Entity$3.3M0%

Related Comparisons