The Western Union Company

WU Financial Credit Services

The Western Union Company’s revenue for fiscal 2025 (year ended December 2025) was $4.1 billion, down 3.78% from fiscal 2024. In the quarter to June 2026, revenue fell 1.26%, EPS fell 32.4%, free cash flow grew 316.7% and total debt fell 1.89%, each against the same quarter a year earlier. Dividend growth for ten consecutive years; insiders bought in the last twelve months.

6.19 0.04 −0.64%
Market cap
$1.9B
P/E
5.0×
Fwd P/E
4.7×
Dividend yield
15.2%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.09
Total sells 0.24
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 1 — — — — — — — — — — —
Sell — — — — — 1 1 — — — — —
Insider Ownership 1.77%

Capital & Financial Ratios $m

Market Cap 1,940.00
Revenue 4,036.90
Net Income 395.40
Free Cash Flow 424.10
Net Debt 1,777.40
Current Ratio 1.12
Debt/Equity 2.95
P/E ratio 4.95
Fwd P/E 4.72
P/S ratio 0.48
P/B ratio 2.12
Past 5Y EPS Growth (3.22%) (below 0%: weak)
This Y EPS Growth (27.47%) (below 0%: weak)
Next Y EPS Growth 18.33% (at or above 15%: strong)
Next Y revenue growth 0.82%
Next 5Y EPS Growth (2.21%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 11.49%
10-year low 10-year high
P/S against its own 10 years 0.63%
10-year low 10-year high
P/B against its own 10 years 0.82%
10-year low 10-year high

Dividends

Payout Ratio 0.76
Annual Dividend Rate 0.94
Annual Dividend Yield 15.19%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.95
0.24
0.24
0.24
2025 0.94
0.24
0.24
0.24
0.24
2024 0.94
0.24
0.24
0.24
0.24
2023 0.94
0.24
0.24
0.24
0.24
2022 0.94
0.24
0.24
0.24
0.24
2021 0.94
0.24
0.24
0.24
0.24
2020 0.90
0.23
0.23
0.23
0.23
2019 0.80
0.20
0.20
0.20
0.20
2018 0.76
0.19
0.19
0.19
0.19
2017 0.70
0.18
0.18
0.18
0.18
2016 0.80
0.16
0.16
0.16
0.16
0.16
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1,269 1,474 1,234 920
Receivables 3,687 3,361 3,449 3,378
Inventory — — — —
Other — — — —
4,956 4,835 4,684 4,298
2023 2024 2025 Q'26
Payables 453 408 408 407
ST’ Debt — — — —
Other — — — —
4,800 4,041 3,932 3,848

Compound Annual Growth %

10y 5y 3y
Sales (2.98%) (3.48%) (3.27%)
Cash Flow (6.56%) (9.13%) (2.22%)
Earnings (5.04%) (7.66%) (18.14%)
Book Value (3.76%) 38.70% 26.09%

Revenue $m

Mar Jun Sep Dec Year
’26 983 1,013 — — —
’25 984 1,026 1,033 1,008 4,051
’24 1,049 1,066 1,036 1,058 4,210
’23 1,037 1,170 1,098 1,052 4,357
’22 1,156 1,138 1,090 1,092 4,476
’21 1,210 1,290 1,286 1,285 5,071
’20 1,190 1,115 1,259 1,272 4,835
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 109 105 — — —
’25 148 0 260 135 544
’24 94 (34) 212 134 406
’23 137 127 255 265 783
’22 200 107 216 59 582
’21 176 174 337 359 1,045
’20 112 235 238 292 878
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 62 64 — — —
’25 124 (29) 213 85 393
’24 59 (63) 185 95 276
’23 80 94 228 234 635
’22 170 52 152 (1) 373
’21 79 125 302 325 831
’20 77 187 216 241 721
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.20 0.24 — — —
’25 0.36 0.37 0.43 0.36 1.52
’24 0.41 0.41 0.78 1.13 2.74
’23 0.40 0.47 0.46 0.35 1.68
’22 0.74 0.50 0.45 0.65 2.34
’21 0.44 0.54 0.57 0.42 1.97
’20 0.42 0.39 0.55 0.43 1.79
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 16.02 18.39 16.42 16.81 17.39 15.69 12.27 10.07 10.39 7.85

Analyst estimates 2026–2028

Powerpack
High 22.26 22.70 22.21 28.00 28.45 26.61 20.40 14.79 14.19 11.95
People
People Employees 10,700 11,500 12,000 11,500 11,000 10,500 8,900 9,000 9,100 9,600
Revenue/emp, $m 0.51 0.48 0.47 0.46 0.44 0.48 0.50 0.48 0.46 0.42
Income, $m
Income, $m Revenue 5,423 5,524 5,590 5,292 4,835 5,071 4,476 4,357 4,210 4,051
Gross margin, % 39.76 39.30 40.95 41.68 41.54 42.88 41.32 38.68 37.75 37.03
EBT 342 348 991 1,321 855 935 1,009 746 619 626
EBT margin, % 6.30 6.29 17.74 24.97 17.69 18.45 22.54 17.12 14.69 15.45
Net income 253 (557) 852 1,058 744 806 911 626 934 500
Depreciation 263 727 265 258 226 208 184 184 179 165
Per share, $
Per share, $ Revenue 11.06 11.81 12.37 12.38 11.73 12.47 11.56 11.75 12.38 12.40
Earnings 0.52 (1.19) 1.89 2.47 1.81 1.98 2.35 1.69 2.75 1.53
Cash flow 2.13 1.59 1.82 2.14 2.13 2.57 1.50 2.11 1.20 1.66
Capex (0.47) (0.38) (0.75) (0.30) (0.38) (0.53) (0.54) (0.40) (0.38) (0.46)
Free cash flow 1.66 1.21 1.07 1.84 1.75 2.04 0.96 1.71 0.81 1.20
Book value 1.84 (1.05) (0.69) (0.09) 0.45 0.87 1.23 1.29 2.85 2.93
Shares, m 490 468 452 428 412 407 387 371 340 327
Valuation, ×
Valuation, × P/E 43.08 0.00 9.03 10.84 12.12 9.06 6.00 7.18 3.85 6.09
P/S 1.99 1.62 1.38 2.16 1.87 1.43 1.22 1.03 0.86 0.75
P/B 11.94 0.00 0.00 0.00 48.48 20.41 11.42 9.39 3.72 3.17
EV/Sales 2.34 2.01 1.82 2.50 2.21 1.79 1.52 1.32 1.20 1.16
EV/FCF 15.61 19.69 21.08 16.81 14.83 10.90 18.18 9.03 18.39 11.92
Cash, $m
Cash, $m Operating cash flow 1,042 742 821 915 878 1,045 582 783 406 544
Capex (230) (177) (339) (128) (157) (215) (208) (148) (131) (151)
Free cash flow 812 565 482 787 721 831 373 635 276 393
Balance, $m
Balance, $m Working capital (659) (1,132) (645) (171) (2) (113) 97 156 794 751
Total debt 2,786 3,034 3,434 3,229 3,067 3,008 2,617 2,505 2,941 2,878
Net debt 1,909 2,195 2,460 1,779 1,639 1,800 1,331 1,236 1,467 1,643
Shareholders’ equity 902 (491) (310) (39) 187 356 478 479 969 958
Returns, %
Returns, % ROA 2.68 (5.97) 9.35 11.92 8.15 8.80 10.52 7.50 11.28 5.99
ROIC 10.83 17.45 32.61 33.56 33.12 32.56 30.58 29.79 18.62 18.20
ROE 21.95 (271.23) (212.66) (605.95) 1,011.96 297.23 218.53 130.85 129.04 51.86
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

The Western Union Company vs peers in Credit Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SLM SLM Corporation $4.2B 6.0× 7.1× −1.93% (below 0%: shrinking) −9.38% (below 0%: shrinking) +2.81% (above 0%: growing) 59.84% 0.00% Compare
BFH Bread Financial Holdings, Inc. $3.9B 7.9× 8.2× +3.39% (above 0%: growing) +21.89% (above 0%: growing) +1.93% (above 0%: growing) 100.00% 76.43% Compare
UPST Upstart Holdings, Inc. $2.4B 38.0× 32.5× +41.75% (above 0%: growing) +183.33% (above 0%: growing) −14.74% (below 0%: shrinking) 83.19% 4.01% Compare
ECPG Encore Capital Group Inc $2.2B 7.5× 6.3× +11.25% (above 0%: growing) +18.80% (above 0%: growing) −1,282.62% (below 0%: shrinking) 100.00% 0.00% Compare
AGM Federal Agricultural Mortgage Corporation $2.2B 11.1× 9.4× +12.93% (above 0%: growing) +20.67% (above 0%: growing) +188.57% (above 0%: growing) 27.34% 0.00% Compare
EZPW EZCORP, Inc. $2.0B 12.8× 16.0× +34.65% (above 0%: growing) +37.78% (above 0%: growing) +27.86% (above 0%: growing) 58.79% 13.09% Compare
WU The Western Union Company $1.9B 5.0× 4.7× −1.26% (below 0%: shrinking) −32.43% (below 0%: shrinking) +316.72% (above 0%: growing) 33.21% 13.04%
ATLC Atlanticus Holdings Corporation $1.4B 9.6× 8.8× +88.84% (above 0%: growing) +67.38% (above 0%: growing) +112.08% (above 0%: growing) 83.42% 0.00% Compare
JCAP Jefferson Capital, Inc. $1.2B 8.4× 6.3× +16.26% (above 0%: growing) −96.40% (below 0%: shrinking) −45.57% (below 0%: shrinking) 63.06% 45.87% Compare
Median of peers $2.2B 9.0× 8.5× +14.60% +21.28% +2.37% 73.13% 2.01%

All 55 Credit Services stocks →

The Western Union Company (WU) key facts

  • Concern: The Western Union Company’s revenue for fiscal 2025 (year ended December 2025) was $4.1 billion, down 3.78% from fiscal 2024.
  • Concern: Net income was $499.6 million, or $1.53 per share (basic), a net margin of 12.3%.
  • The Western Union Company (WU) is a Credit Services company in the Financial sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, WU traded at $6.19, a market capitalization of $1.9 billion.
  • At that price the stock trades at 5.0× trailing-twelve-month earnings and 0.5× sales; its P/E is higher than 11% of its own readings over the past ten years.
  • The Western Union Company pays an annual dividend of $0.94 per share, a yield of 15.2%, with a payout ratio of 76.4%.
  • Return on equity was 51.9% and debt-to-equity 2.95.
  • Its Piotroski F-score is 5 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

The Western Union Company (WU) Latest News

3 Aug

Impact 4 ·
stockrow.com/WU · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com