Western Union CO WU
The Western Union Company (the "Company," "Western Union," "we," "our," or "us") is a leader in cross-border, cross-currency money movement, payments, and digital financial services, empowering consumers, businesses, financial institutions, and governments with fast, reliable, and convenient ways to send money and make payments around the world. Our goal is to offer accessible financial services that help people and communities prosper. The Western Union brand is globally recognized and represents speed, reliability, trust, and convenience.
As we continue to seek to meet the needs of our customers for fast, reliable, and convenient global money movement and payment services while focusing on regulatory compliance, we are also working to go beyond these services by providing consumers and our business clients with access to an expanding portfolio of financial services and to increase the ways our services can be accessed, including through the launch of our digital wallet in certain countries.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.88B | $4.03B | $4.16B | $4.25B | $4.87B | $4.63B | $5.03B | $5.38B | $5.52B | $5.42B |
| Cost of revenue | $2.55B | $2.62B | $2.67B | $2.63B | $2.90B | $2.83B | $3.09B | $3.30B | $3.35B | $3.27B |
| Gross profit | $1.33B | $1.41B | $1.49B | $1.63B | $1.97B | $1.80B | $1.95B | $2.08B | $2.17B | $2.16B |
| SG&A | $742.8M | $863.4M | $867.8M | $964.2M | $1.05B | $1.04B | $1.27B | $1.17B | $1.23B | $1.67B |
| Total operating expenses | $3.29B | $3.48B | $3.54B | $3.59B | $3.95B | $3.87B | $4.36B | $4.47B | $5.05B | $4.94B |
| Operating income | $757.3M | $725.8M | $817.5M | $884.9M | $1.12B | $967.3M | $934.0M | $1.12B | $475.8M | $487.0M |
| Pre-tax income | $625.7M | $618.6M | $745.8M | $1.01B | $935.4M | $855.1M | $1.32B | $991.4M | $347.5M | $341.7M |
| Income tax | $126.1M | $315.6M | $119.8M | $98.0M | $129.6M | $110.8M | $263.1M | $139.5M | $904.6M | $88.5M |
| Net income | $499.6M | $934.2M | $626.0M | $910.6M | $805.8M | $744.3M | $1.06B | $851.9M | -$557.1M | $253.2M |
| EPS, basic | 1.53 | 2.75 | 1.69 | 2.35 | 1.98 | 1.81 | 2.47 | 1.89 | -1.19 | 0.52 |
| EPS, diluted | 1.52 | 2.74 | 1.68 | 2.34 | 1.97 | 1.79 | 2.46 | 1.87 | -1.19 | 0.51 |
| Shares, diluted (wtd. avg.) | $327.6M | $341.1M | $371.8M | $388.4M | $408.9M | $415.2M | $430.9M | $454.4M | $467.9M | $493.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.23B | $1.47B | $1.27B | $1.29B | $1.21B | $1.43B | $1.45B | $979.7M | $844.4M | $877.5M |
| Property, plant and equipment | $95.0M | $84.2M | $91.4M | $109.6M | $129.4M | $150.4M | $236.2M | $270.4M | $214.2M | $220.5M |
| Goodwill | $2.10B | $2.06B | $2.03B | $2.03B | $2.03B | $2.57B | $2.57B | $2.73B | $2.73B | $3.16B |
| Other intangibles | $356.3M | $315.4M | $380.2M | $457.9M | $417.1M | $505.0M | $494.9M | $598.2M | $586.3M | $664.2M |
| Total assets | $8.31B | $8.37B | $8.20B | $8.50B | $8.82B | $9.50B | $8.76B | $9.00B | $9.23B | $9.42B |
| Long-term debt | $2.88B | $2.95B | $2.15B | $2.45B | $2.75B | — | — | — | — | — |
| Total liabilities | $7.35B | $7.40B | $7.72B | $8.02B | $8.47B | $9.31B | $8.80B | $9.31B | $9.72B | $8.52B |
| Retained earnings | -$11.5M | $35.2M | -$389.1M | -$353.9M | -$537.2M | -$543.1M | -$675.9M | -$838.8M | -$965.9M | $419.3M |
| Total equity | $957.8M | $968.9M | $479.0M | $477.8M | $355.6M | $186.6M | -$39.5M | -$309.8M | -$491.4M | $902.2M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $543.7M | $406.3M | $783.1M | $581.6M | $1.05B | $877.5M | $914.6M | $821.3M | $742.0M | $1.04B |
| Depreciation and amortisation | $35.2M | $37.4M | $39.1M | $42.7M | $49.6M | $61.3M | $79.6M | $264.7M | $262.9M | $263.2M |
| Capital expenditure | $38.5M | $37.4M | $22.9M | $31.9M | $37.7M | $36.5M | $48.1M | $136.7M | $69.1M | $68.8M |
| Investing cash flow | -$230.3M | -$16.3M | -$140.8M | $525.5M | $192.0M | -$373.5M | $167.0M | -$328.8M | -$204.6M | -$271.1M |
| Financing cash flow | -$782.6M | -$69.3M | -$896.8M | -$1.18B | -$1.27B | -$185.9M | -$1.48B | -$357.2M | -$570.5M | -$1.21B |
| Dividends paid | $309.0M | $321.5M | $349.0M | $364.2M | $381.6M | $370.3M | $340.8M | $341.7M | $325.6M | $312.2M |
| Buybacks | $234.6M | $186.2M | $308.4M | $369.9M | $409.9M | $239.7M | $552.6M | $412.4M | $502.8M | $501.6M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-061340.
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