Operating margin moved 975 bp higher
Operating margin changed +975 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
20.83%→30.58%2 prior comparisons
GROSSPATTERN / DETERMINISTIC EVIDENCE / V3
Search securities →WST financial changes
Ranked by interpretable importance, issuer history, magnitude, and accounting profile. No directional recommendation.
Operating income increased 59.5%
Operating income changed +59.5% from the comparable as-filed period.
$167.6M→$267.4M2 prior comparisons
Gross margin moved 315 bp higher
Gross margin changed +315 basis points from the comparable as-filed period.
36.58%→39.73%2 prior comparisons
Shares outstanding decreased 3.2%
Shares outstanding changed -3.2% from the comparable as-filed period. The change ranks at the 100th percentile of 8 prior comparable changes.
71,943,412→69,661,0368 prior comparisons
Trade receivables increased 19.7%
Trade receivables changed +19.7% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$625.0M→$748.2M4 prior comparisons
Capex / revenue moved 340 bp lower
Capex / revenue changed -340 basis points from the comparable as-filed period.
7.87%→4.47%2 prior comparisons
Net debt increased 38.7%
Net debt changed +38.7% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
-$425.8M→-$261.2M4 prior comparisons
Cash & equivalents decreased 26.2%
Cash & equivalents changed -26.2% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
$628.5M→$464.1M4 prior comparisons
Capital expenditure decreased 38.2%
Capital expenditure changed -38.2% from the comparable as-filed period.
$63.3M→$39.1M2 prior comparisons
Free-cash-flow proxy increased 12.3%
Free-cash-flow proxy changed +12.3% from the comparable as-filed period.
$133.9M→$150.4M2 prior comparisons
Cash / debt moved 8133 bp lower
Cash / debt changed -8133 basis points from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes.
310.06%→228.73%4 prior comparisons
Revenue increased 8.7%
Revenue changed +8.7% from the comparable as-filed period.
$804.6M→$874.5M2 prior comparisons
Receivables / revenue moved 788 bp higher
Receivables / revenue changed +788 basis points from the comparable as-filed period.
77.68%→85.56%2 prior comparisons
Stock-based compensation decreased 48.8%
Stock-based compensation changed -48.8% from the comparable as-filed period.
$8.4M→$4.3M2 prior comparisons
Operating cash-flow margin moved 284 bp lower
Operating cash-flow margin changed -284 basis points from the comparable as-filed period.
24.51%→21.67%2 prior comparisons
Gross profit increased 18.0%
Gross profit changed +18.0% from the comparable as-filed period.
$294.3M→$347.4M2 prior comparisons
Debt / revenue moved 199 bp lower
Debt / revenue changed -199 basis points from the comparable as-filed period.
25.19%→23.20%2 prior comparisons
Inventory / revenue moved 130 bp lower
Inventory / revenue changed -130 basis points from the comparable as-filed period.
54.44%→53.14%2 prior comparisons
Operating cash flow decreased 3.9%
Operating cash flow changed -3.9% from the comparable as-filed period.
$197.2M→$189.5M2 prior comparisons
Research & development increased 7.0%
Research & development changed +7.0% from the comparable as-filed period.
$17.1M→$18.3M2 prior comparisons
Total assets decreased 1.1%
Total assets changed -1.1% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$4.1B→$4.1B4 prior comparisons
Selling, general & administrative increased 9.9%
Selling, general & administrative changed +9.9% from the comparable as-filed period.
$102.7M→$112.9M2 prior comparisons
Inventory increased 6.1%
Inventory changed +6.1% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$438.0M→$464.7M4 prior comparisons
Working capital decreased 1.3%
Working capital changed -1.3% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$1.2B→$1.2B4 prior comparisons
Cost of revenue increased 3.3%
Cost of revenue changed +3.3% from the comparable as-filed period.
$510.3M→$527.1M2 prior comparisons
SBC / revenue moved 55 bp lower
SBC / revenue changed -55 basis points from the comparable as-filed period.
1.04%→0.49%2 prior comparisons
Current liabilities increased 1.4%
Current liabilities changed +1.4% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$635.4M→$644.3M4 prior comparisons
Current ratio decreased 1.7%
Current ratio changed -1.7% from the comparable as-filed period. The change ranks at the 25th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
2.87→2.824 prior comparisons
Working capital / assets moved 7 bp lower
Working capital / assets changed -7 basis points from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
28.93%→28.87%4 prior comparisons
Debt / assets moved 6 bp higher
Debt / assets changed +6 basis points from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
4.94%→5.00%4 prior comparisons
Current assets decreased 0.4%
Current assets changed -0.4% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$1.8B→$1.8B4 prior comparisons
R&D / revenue moved 3 bp lower
R&D / revenue changed -3 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
2.13%→2.09%2 prior comparisons
Free-cash-flow margin moved 56 bp higher
Free-cash-flow margin changed +56 basis points from the comparable as-filed period.
16.64%→17.20%2 prior comparisons
Gross debt increased 0.1%
Gross debt changed +0.1% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$202.7M→$202.9M4 prior comparisons
Noncurrent long-term debt increased 0.1%
Noncurrent long-term debt changed +0.1% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$202.7M→$202.9M4 prior comparisons
Reported total debt increased 0.1%
Reported total debt changed +0.1% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$202.7M→$202.9M4 prior comparisons
Current long-term debt changed across a zero base
Current long-term debt changed from 0 to 0 USD in the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a zero base.
$0→$02 prior comparisons
Operating cash flow decreased 30.0%
Operating cash flow changed -30.0% from the comparable as-filed period.
$177.1M→$124.0M3 prior comparisons
Trade receivables increased 22.3%
Trade receivables changed +22.3% from the comparable as-filed period. The change ranks at the 75th percentile of 4 prior comparable changes.
$582.4M→$712.0M4 prior comparisons
Shares outstanding decreased 2.1%
Shares outstanding changed -2.1% from the comparable as-filed period. The change ranks at the 100th percentile of 8 prior comparable changes.
71,907,325→70,375,7628 prior comparisons
Capex / revenue moved 486 bp lower
Capex / revenue changed -486 basis points from the comparable as-filed period.
9.81%→4.95%2 prior comparisons
Gross margin moved 201 bp higher
Gross margin changed +201 basis points from the comparable as-filed period.
35.73%→37.74%2 prior comparisons
Free-cash-flow proxy decreased 20.7%
Free-cash-flow proxy changed -20.7% from the comparable as-filed period.
$101.9M→$80.8M3 prior comparisons
Capital expenditure decreased 42.6%
Capital expenditure changed -42.6% from the comparable as-filed period.
$75.2M→$43.2M3 prior comparisons
Net debt increased 24.2%
Net debt changed +24.2% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
-$307.1M→-$232.9M4 prior comparisons
Operating income increased 16.5%
Operating income changed +16.5% from the comparable as-filed period.
$153.7M→$179.1M2 prior comparisons
Inventory / revenue moved 365 bp lower
Inventory / revenue changed -365 basis points from the comparable as-filed period.
54.94%→51.29%2 prior comparisons
Cash / debt moved 3679 bp lower
Cash / debt changed -3679 basis points from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
251.58%→214.79%4 prior comparisons
Revenue increased 13.8%
Revenue changed +13.8% from the comparable as-filed period.
$766.5M→$872.3M2 prior comparisons
Operating margin moved 48 bp higher
Operating margin changed +48 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
20.05%→20.53%2 prior comparisons
Debt / revenue moved 317 bp lower
Debt / revenue changed -317 basis points from the comparable as-filed period.
26.43%→23.26%2 prior comparisons
Cash & equivalents decreased 14.5%
Cash & equivalents changed -14.5% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes. This reverses 2 consecutive comparable moves in the opposite direction.
$509.7M→$435.8M4 prior comparisons
Stock-based compensation increased 47.3%
Stock-based compensation changed +47.3% from the comparable as-filed period.
$7.4M→$10.9M2 prior comparisons
Gross profit increased 20.2%
Gross profit changed +20.2% from the comparable as-filed period.
$273.9M→$329.2M2 prior comparisons
Free-cash-flow margin moved 403 bp lower
Free-cash-flow margin changed -403 basis points from the comparable as-filed period.
13.29%→9.26%2 prior comparisons
Operating cash-flow margin moved 889 bp lower
Operating cash-flow margin changed -889 basis points from the comparable as-filed period.
23.11%→14.22%2 prior comparisons
Receivables / revenue moved 564 bp higher
Receivables / revenue changed +564 basis points from the comparable as-filed period.
75.98%→81.62%2 prior comparisons
Selling, general & administrative increased 22.6%
Selling, general & administrative changed +22.6% from the comparable as-filed period.
$95.9M→$117.6M2 prior comparisons
Working capital increased 8.4%
Working capital changed +8.4% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$1.1B→$1.2B4 prior comparisons
Current assets increased 7.5%
Current assets changed +7.5% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$1.7B→$1.8B4 prior comparisons
Cost of revenue increased 10.3%
Cost of revenue changed +10.3% from the comparable as-filed period.
$492.6M→$543.1M2 prior comparisons
Total assets increased 3.1%
Total assets changed +3.1% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$4.0B→$4.1B4 prior comparisons
Working capital / assets moved 140 bp higher
Working capital / assets changed +140 basis points from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
27.23%→28.63%4 prior comparisons
Inventory increased 6.2%
Inventory changed +6.2% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$421.1M→$447.4M4 prior comparisons
Current liabilities increased 5.9%
Current liabilities changed +5.9% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
$604.6M→$640.5M4 prior comparisons
Research & development increased 3.1%
Research & development changed +3.1% from the comparable as-filed period.
$19.1M→$19.7M2 prior comparisons
SBC / revenue moved 28 bp higher
SBC / revenue changed +28 basis points from the comparable as-filed period.
0.97%→1.25%2 prior comparisons
R&D / revenue moved 23 bp lower
R&D / revenue changed -23 basis points from the comparable as-filed period. This reverses 2 consecutive comparable moves in the opposite direction.
2.49%→2.26%2 prior comparisons
Debt / assets moved 15 bp lower
Debt / assets changed -15 basis points from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
5.13%→4.98%4 prior comparisons
Gross debt increased 0.1%
Gross debt changed +0.1% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$202.6M→$202.9M4 prior comparisons
Noncurrent long-term debt increased 0.1%
Noncurrent long-term debt changed +0.1% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$202.6M→$202.9M4 prior comparisons
Reported total debt increased 0.1%
Reported total debt changed +0.1% from the comparable as-filed period. The change ranks at the 50th percentile of 4 prior comparable changes.
$202.6M→$202.9M4 prior comparisons
Current ratio increased 1.5%
Current ratio changed +1.5% from the comparable as-filed period. The change ranks at the 0th percentile of 4 prior comparable changes.
2.78→2.824 prior comparisons
Current long-term debt changed across a zero base
Current long-term debt changed from 0 to 0 USD in the comparable as-filed period. Relative percentage is de-emphasized because the comparison has a zero base.
$0→$02 prior comparisons
Method Importance combines metric-family relevance, magnitude, issuer-history unusualness, persistence, and financial-statement significance. It is analytical prioritization, not a legal materiality conclusion or investment signal.