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

Genpact LTD is the larger business by last-quarter revenue ($1.3B vs $805.0M, roughly 1.6× West Pharmaceutical Services). West Pharmaceutical Services runs the higher net margin — 16.4% vs 10.8%, a 5.6% gap on every dollar of revenue. On growth, West Pharmaceutical Services posted the faster year-over-year revenue change (7.5% vs 5.6%). Genpact LTD produced more free cash flow last quarter ($269.0M vs $175.0M). Over the past eight quarters, Genpact LTD's revenue compounded faster (8.0% CAGR vs 7.6%).

Genpact Ltd. is an American information technology services, consulting, and outsourcing company headquartered in New York City, New York. Founded in Gurgaon, India, and legally domiciled in Bermuda, Genpact employs more than 125,000 people and provides services to clients in over 30 countries worldwide. Genpact is listed on the NYSE and generated revenues of US$4.48 billion in 2023.

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.

G vs WST — Head-to-Head

Bigger by revenue
G
G
1.6× larger
G
$1.3B
$805.0M
WST
Growing faster (revenue YoY)
WST
WST
+1.9% gap
WST
7.5%
5.6%
G
Higher net margin
WST
WST
5.6% more per $
WST
16.4%
10.8%
G
More free cash flow
G
G
$94.0M more FCF
G
$269.0M
$175.0M
WST
Faster 2-yr revenue CAGR
G
G
Annualised
G
8.0%
7.6%
WST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
G
G
WST
WST
Revenue
$1.3B
$805.0M
Net Profit
$143.1M
$132.1M
Gross Margin
36.6%
37.8%
Operating Margin
14.8%
19.5%
Net Margin
10.8%
16.4%
Revenue YoY
5.6%
7.5%
Net Profit YoY
0.8%
1.5%
EPS (diluted)
$0.82
$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
G
G
WST
WST
Q4 25
$1.3B
$805.0M
Q3 25
$1.3B
$804.6M
Q2 25
$1.3B
$766.5M
Q1 25
$1.2B
$698.0M
Q4 24
$1.2B
$748.8M
Q3 24
$1.2B
$746.9M
Q2 24
$1.2B
$702.1M
Q1 24
$1.1B
$695.4M
Net Profit
G
G
WST
WST
Q4 25
$143.1M
$132.1M
Q3 25
$145.8M
$140.0M
Q2 25
$132.7M
$131.8M
Q1 25
$130.9M
$89.8M
Q4 24
$141.9M
$130.1M
Q3 24
$132.8M
$136.0M
Q2 24
$122.0M
$111.3M
Q1 24
$116.9M
$115.3M
Gross Margin
G
G
WST
WST
Q4 25
36.6%
37.8%
Q3 25
36.4%
36.6%
Q2 25
35.9%
35.7%
Q1 25
35.3%
33.2%
Q4 24
35.7%
36.5%
Q3 24
35.6%
35.4%
Q2 24
35.4%
32.8%
Q1 24
35.0%
33.1%
Operating Margin
G
G
WST
WST
Q4 25
14.8%
19.5%
Q3 25
14.8%
20.8%
Q2 25
14.3%
20.1%
Q1 25
15.1%
15.3%
Q4 24
15.2%
21.3%
Q3 24
15.0%
21.6%
Q2 24
14.5%
18.0%
Q1 24
14.1%
17.7%
Net Margin
G
G
WST
WST
Q4 25
10.8%
16.4%
Q3 25
11.3%
17.4%
Q2 25
10.6%
17.2%
Q1 25
10.8%
12.9%
Q4 24
11.4%
17.4%
Q3 24
11.0%
18.2%
Q2 24
10.4%
15.9%
Q1 24
10.3%
16.6%
EPS (diluted)
G
G
WST
WST
Q4 25
$0.82
$1.82
Q3 25
$0.83
$1.92
Q2 25
$0.75
$1.82
Q1 25
$0.73
$1.23
Q4 24
$0.80
$1.78
Q3 24
$0.74
$1.85
Q2 24
$0.67
$1.51
Q1 24
$0.64
$1.55

Balance Sheet & Financial Strength

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

Metric
G
G
WST
WST
Cash + ST InvestmentsLiquidity on hand
$1.2B
$791.3M
Total DebtLower is stronger
$1.5B
$202.8M
Stockholders' EquityBook value
$2.5B
$3.2B
Total Assets
$5.8B
$4.3B
Debt / EquityLower = less leverage
0.60×
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
G
G
WST
WST
Q4 25
$1.2B
$791.3M
Q3 25
$740.8M
$628.5M
Q2 25
$663.3M
$509.7M
Q1 25
$561.6M
$404.2M
Q4 24
$671.6M
$484.6M
Q3 24
$1.0B
$490.9M
Q2 24
$914.2M
$446.2M
Q1 24
$478.4M
$601.8M
Total Debt
G
G
WST
WST
Q4 25
$1.5B
$202.8M
Q3 25
$1.2B
$202.7M
Q2 25
$1.2B
$202.6M
Q1 25
$1.2B
$202.6M
Q4 24
$1.2B
$202.6M
Q3 24
$1.6B
$202.6M
Q2 24
$1.6B
$205.8M
Q1 24
$1.2B
$206.2M
Stockholders' Equity
G
G
WST
WST
Q4 25
$2.5B
$3.2B
Q3 25
$2.5B
$3.1B
Q2 25
$2.6B
$2.9B
Q1 25
$2.5B
$2.7B
Q4 24
$2.4B
$2.7B
Q3 24
$2.4B
$2.8B
Q2 24
$2.3B
$2.6B
Q1 24
$2.3B
$2.7B
Total Assets
G
G
WST
WST
Q4 25
$5.8B
$4.3B
Q3 25
$5.4B
$4.1B
Q2 25
$5.3B
$4.0B
Q1 25
$4.9B
$3.6B
Q4 24
$5.0B
$3.6B
Q3 24
$5.3B
$3.7B
Q2 24
$5.2B
$3.5B
Q1 24
$4.7B
$3.6B
Debt / Equity
G
G
WST
WST
Q4 25
0.60×
0.06×
Q3 25
0.47×
0.07×
Q2 25
0.47×
0.07×
Q1 25
0.50×
0.08×
Q4 24
0.51×
0.08×
Q3 24
0.68×
0.07×
Q2 24
0.70×
0.08×
Q1 24
0.54×
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
G
G
WST
WST
Operating Cash FlowLast quarter
$286.7M
$251.1M
Free Cash FlowOCF − Capex
$269.0M
$175.0M
FCF MarginFCF / Revenue
20.4%
21.7%
Capex IntensityCapex / Revenue
1.3%
9.5%
Cash ConversionOCF / Net Profit
2.00×
1.90×
TTM Free Cash FlowTrailing 4 quarters
$734.7M
$468.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
G
G
WST
WST
Q4 25
$286.7M
$251.1M
Q3 25
$308.4M
$197.2M
Q2 25
$177.4M
$177.1M
Q1 25
$40.4M
$129.4M
Q4 24
$203.2M
$190.1M
Q3 24
$228.5M
$180.1M
Q2 24
$209.3M
$165.0M
Q1 24
$-25.6M
$118.2M
Free Cash Flow
G
G
WST
WST
Q4 25
$269.0M
$175.0M
Q3 25
$292.0M
$133.9M
Q2 25
$155.1M
$101.9M
Q1 25
$18.5M
$58.1M
Q4 24
$183.5M
$85.2M
Q3 24
$208.7M
$98.8M
Q2 24
$190.0M
$64.8M
Q1 24
$-49.6M
$27.6M
FCF Margin
G
G
WST
WST
Q4 25
20.4%
21.7%
Q3 25
22.6%
16.6%
Q2 25
12.4%
13.3%
Q1 25
1.5%
8.3%
Q4 24
14.7%
11.4%
Q3 24
17.2%
13.2%
Q2 24
16.2%
9.2%
Q1 24
-4.4%
4.0%
Capex Intensity
G
G
WST
WST
Q4 25
1.3%
9.5%
Q3 25
1.3%
7.9%
Q2 25
1.8%
9.8%
Q1 25
1.8%
10.2%
Q4 24
1.6%
14.0%
Q3 24
1.6%
10.9%
Q2 24
1.6%
14.3%
Q1 24
2.1%
13.0%
Cash Conversion
G
G
WST
WST
Q4 25
2.00×
1.90×
Q3 25
2.11×
1.41×
Q2 25
1.34×
1.34×
Q1 25
0.31×
1.44×
Q4 24
1.43×
1.46×
Q3 24
1.72×
1.32×
Q2 24
1.72×
1.48×
Q1 24
-0.22×
1.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

G
G

High Tech And Manufacturing$525.3M40%
Consumer And Healthcare$445.8M34%
Financial Services$348.2M26%

WST
WST

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

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