Western Union operates a global money transfer network, letting individuals send cash to recipients in other countries or domestically. Customers pay a fee to initiate a transfer—online, via app, or at one of 500,000+ physical agent locations (retail stores, banks, post offices). Recipients can collect cash at agent locations or receive funds digitally. Revenue comes primarily from transfer fees and foreign exchange spreads. The core customer base is migrants sending remittances to family abroad.
Employees9,600IPOSep 20, 2006SIC7389HQ7001 East Belleview Avenue, Denver, CO, USA, 80237
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Financials
Profitability
Metric
Current
Margins
Gross Margin
35.1%
Operating Margin
15.9%
EBITDA Margin
20.6%
Net Margin
9.8%
OCF Margin
15.1%
FCF Margin
10.5%
Returns on Capital
ROE
43.1%
ROA
4.9%
ROIC
13.0%
ROCE
17.0%
ROC (Greenblatt)
515.8%
3Y ROIIC
5.5%
Consistency
Years Profitable / 10Y
9
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
5.02
Forward P/E
4.76
P/E ex-NRI
4.37
Shiller P/E (CAPE)
3.49
Cash Flow Multiples
P/FCF
4.65
P/OCF
3.23
P/Owner Earnings
6.18
FCF Yield
22.04%
Enterprise Value Multiples
EV / EBIT
2.81
EV / Forward EBIT
3.09
EV / EBITDA
2.20
EV / Forward EBITDA
2.49
EV / Revenue
0.45
EV / Forward Revenue
0.45
Asset / Sales
P/S
0.49
P/B
2.10
P/Tangible Book
—
Growth-Adjusted
PEG
—
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
15.26%
Forward Dividend Yield
15.26%
3Y Dividend Growth
0.0%
Payout Ratio
0.67
5Y Yield on Cost
13.02%
Buybacks & Dilution
3Y Buyback Ratio
5.50%
5Y Share Change
−21.0%
Combined
Shareholder Yield
25.62%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
2.95
Gross Debt / EBITDA
3.24
Cash / Debt
1.04
Equity / Assets
0.12
Coverage
Interest Coverage
4.30
Short-Term Liquidity
Current Ratio
1.05
Quick Ratio
1.05
Cash Ratio
0.68
Composite Scores
Piotroski F-Score
4
Altman Z-Score
0.99
Split History
Date
Split
No split history found.
Ex-date
Amount
Pay date
2026-09-16
$0.235
2026-09-30
2026-06-16
$0.235
2026-06-30
2026-03-17
$0.235
2026-03-31
2025-12-22
$0.235
2025-12-31
2025-09-16
$0.235
2025-09-30
2025-06-16
$0.235
2025-06-30
2025-03-17
$0.235
2025-03-31
2024-12-23
$0.235
2024-12-31
2024-09-16
$0.235
2024-09-30
2024-06-14
$0.235
2024-06-28
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View allDate
Transcript
Type
2026-07-30
Q2 2026 Western Union Co Earnings Call Transcript
Earnings Call
2026-05-20
Western Union Co at JPMorgan Global Technology, Media and Communications Conference Transcript
Conference Presentations
2026-04-24
Q1 2026 Western Union Co Earnings Call Transcript
Earnings Call
2026-03-10
Western Union Co at Wolfe Research FinTech Forum Transcript
Conference Presentations
2026-02-20
Q4 2025 Western Union Co Earnings Call Transcript
Earnings Call
2025-12-02
Western Union Co at UBS Global Technology and AI Conference Transcript
Conference Presentations
2025-10-23
Q3 2025 Western Union Co Earnings Call Transcript
Earnings Call
2025-07-28
Q2 2025 Western Union Co Earnings Call Transcript
Earnings Call
2025-04-23
Q1 2025 Western Union Co Earnings Call Transcript
Earnings Call
2025-02-04
Q4 2024 Western Union Co Earnings Call Transcript
Earnings Call
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5-Step DuPont Analysis
ROE %
43.91%
×
×
Net Margin %
9.78%
×
×
Operating Margin %
15.90%
Operating Income
$642M
÷
Revenue
$4.04B
×
Tax Burden
0.7837
Net Income
$395M
÷
Pretax Income
$504M
×
Interest Burden
0.7850
Pretax Income
$504M
÷
Operating Income
$642M
×
Asset Turnover
0.51
÷
Revenue
$4.04B
÷
Average Total Assets
$7.98B
Begin Total Assets
$7.98B
End Total Assets
$7.97B
×
Equity Multiplier
8.87
÷
Avg Total Assets
$7.98B
÷
Avg Stockholders Equity
$900M
Begin Equity
$884M
End Equity
$915M
Top institutional holders
Q2 2026| Holder | Shares | % Owned | Chg. shares | |
|---|---|---|---|---|
| BlackRock, Inc. | 31.4M | 10.02% | +6.5M | $241.81M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 17.9M | 5.71% | -173.1K | $137.89M |
| SCHRODER INVESTMENT MANAGEMENT GROUP | 17.3M | 5.53% | +533.3K | $133.51M |
| Capital Research Global Investors | 14.7M | 4.68% | +26.5K | $112.98M |
| VANGUARD CAPITAL MANAGEMENT LLC | 14.0M | 4.47% | -168.3K | $107.94M |
| Allianz Asset Management GmbH | 11.6M | 3.71% | +1.3M | $89.45M |
| STATE STREET CORP | 11.3M | 3.61% | +28.4K | $87.09M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 11.2M | 3.59% | +289.0K | $86.59M |
| LSV ASSET MANAGEMENT | 11.0M | 3.50% | +959.4K | — |
| AQR CAPITAL MANAGEMENT LLC | 10.1M | 3.23% | -588.0K | $76.75M |
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View allTop insider holdings
as reported| Insider | Shares held | % Owned | |
|---|---|---|---|
| McGranahan DevinOfficer | 1.9M | 0.5939% | $11.49M |
| Cagwin MatthewOfficer | 493.4K | 0.1574% | $3.04M |
| Angelini GiovanniOfficer | 377.1K | 0.1203% | $2.33M |
| Hawksworth Benjamin ScottOfficer | 313.9K | 0.1001% | $1.94M |
| JOERRES JEFFREY ADirector | 254.6K | 0.0812% | $1.57M |
| Adams Benjamin CarltonOfficer | 234.7K | 0.0749% | $1.45M |
| MILES MICHAELDirector | 209.8K | 0.0669% | $1.29M |
| Axelrod CherieOfficer | 179.4K | 0.0572% | $1.11M |
| HOLDEN BETSY DDirector | 144.5K | 0.0461% | $891.4K |
| Walker Andrew DOfficer | 121.7K | 0.0388% | $751.0K |
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View allRecent insider activity
through Oct 2, 2026| Insider | Action | Shares | Date | |
|---|---|---|---|---|
| Angelini GiovanniOfficer | Tax Withholding | -1.0K | $6,210 | Oct 2, 2026 |
| Hawksworth Benjamin ScottOfficer | Tax Withholding | -8.6K | $60.0K | Sep 8, 2026 |
| Angelini GiovanniOfficer | Grant/Award (Rule 16b-3(d)) | +33.4K | $0 | Jun 5, 2026 |
| Angelini GiovanniOfficer | Grant/Award (Rule 16b-3(d)) | +33.4K | $0 | Jun 5, 2026 |
| Adams Benjamin CarltonOfficer | Open-Market or Private Sale | -3.2K | $29.4K | May 1, 2026 |
| Adams Benjamin CarltonOfficer | Open-Market or Private Sale | -4.1K | $38.2K | May 1, 2026 |
| Adams Benjamin CarltonOfficer | Open-Market or Private Sale | -12.6K | $116.3K | May 1, 2026 |
| Angelini GiovanniOfficer | Open-Market or Private Sale | -6.0K | $56.9K | Apr 28, 2026 |
| Pant MilindDirector | Grant/Award (Rule 16b-3(d)) | +16.9K | $0 | Mar 13, 2026 |
| Hawksworth Benjamin ScottOfficer | Tax Withholding | -3.1K | $30.6K | Mar 7, 2026 |
10 of 1,246
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