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NYSE · Industrials

Western Union CO (WU)

As-reported financials and SEC filings for Western Union CO. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Western Union CO

Western Union is a company that provides cross-border and cross-currency money transfer and payment services. It serves consumers, businesses, financial institutions, and governments by enabling fast and reliable money transfers through a global network of agent locations, websites, and mobile applications. The company also offers additional financial services such as bill payments, money orders, prepaid cards, and digital wallets.

Snapshot

Revenue
$3.88B
Revenue growth (YoY)
-3.7%
Net income
$499.6M
Diluted EPS
$1.52
Gross margin
34.3%
Operating margin
19.5%
Net margin
12.9%
FCF margin
13.0%
ROE
52.2%
net income / fiscal-year-end equity
P/E
5.8×
trailing when available, otherwise FY EPS
Market cap
$2.23B
Long-term debt / equity
3.01×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Western Union

  • Revenue fell 3.7% to $3.9B in FY2025, after a 3.1% decline the year before.
  • Operating margin is 19.5% in FY2025, -3.6 pp against 23.1% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $972M, down 1.2% from Q2 FY2025.
  • Free cash flow was $505M in FY2025, 13.0% of revenue.
  • Net income fell 46.5% to $500M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Western Union’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin34.3%
63rd percentile of 466
Operating margin19.5%
87th percentile of 605
Net margin12.9%
82nd percentile of 645
FCF margin13.0%
79th percentile of 562
Revenue growth (YoY)-3.7%
24th percentile of 668
ROE52.2%
97th percentile of 600
P/E5.8×
7th percentile of 434
Long-term debt / equity3.01×
95th percentile of 409
Short interest3.51d
55th percentile of 676

Western Union’s return on equity of 52.2% ranks in the 97th percentile of the 600 Industrials companies reporting it. Western Union’s long-term debt to equity of 3.01 ranks in the 95th percentile of the 409 Industrials companies reporting it. Western Union’s P/E of 5.8 ranks in the 7th percentile of the 434 peers with a meaningful P/E.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+5 quant / multi-strat
Initiated / added
3
1 new, 2 added
Reduced / exited
5
3 trimmed, 2 exited
Combined position
$148.7M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$76.7M10.1MReduced
Millennium ManagementquantQ2 2026$40.2M5.2MAdded
Gotham Asset ManagementQ2 2026$15.9M2.1MReduced
Point72 Asset ManagementquantQ2 2026$14.3M1.9MAdded
Two Sigma InvestmentsquantQ2 2026$1.5M191.9KReduced
D. E. ShawquantQ2 2026$87,01011.3KNew

No longer held by: Bridgewater Associates (as of Q2 2026), Citadel Advisors (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
0
Reported activity
Quiet
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-05-01
filed 2026-05-04
Adams Benjamin CarltonChief Legal OfficerSell12.6K$9.23$116K
2026-05-01
filed 2026-05-04
Adams Benjamin CarltonChief Legal OfficerSell4.1K$9.21$38K
2026-05-01
filed 2026-05-04
Adams Benjamin CarltonChief Legal OfficerSell3.2K$9.22$29K
2026-04-28
filed 2026-04-30
Angelini GiovanniPresident Europe, Africa, MEPASell6.0K$9.47$57K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
44.0M
settled 2026-08-14
Change vs prior
-14.2%
vs previous settlement
Days to cover
3.51
at avg daily volume
Avg daily volume
12.5M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1444.0M-14.2%3.51
2026-07-3151.2M-9.9%3.58
2026-07-1556.9M+4.5%9.14
2026-06-3054.4M-2.2%6.31
2026-06-1555.6M+8.8%5.91
2026-05-2951.1M+4.5%6.94
2026-05-1548.9M-1.8%6.71
2026-04-3049.8M+7.0%4.08

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$3.88B$4.03B$4.16B$4.25B$4.87B
Gross profit$1.33B$1.41B$1.49B$1.63B$1.97B
Operating income$757.3M$725.8M$817.5M$884.9M$1.12B
Net income$499.6M$934.2M$626.0M$910.6M$805.8M
Diluted EPS$1.52$2.74$1.68$2.34$1.97

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$1.23B$1.47B$1.27B$1.29B$1.21B
Current assets
Total assets$8.31B$8.37B$8.20B$8.50B$8.82B
Current liabilities
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
Total equity$957.8M$968.9M$479.0M$477.8M$355.6M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$543.7M$406.3M$783.1M$581.6M$1.05B
Capital expenditure$38.5M$37.4M$22.9M$31.9M$37.7M
Free cash flow$505.2M$368.9M$760.2M$549.7M$1.01B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$971.9M-1.2%$76.7M$0.24
Q1 FY2026$948.7M1.1%$64.7M$0.20
Q4 FY2025$972.0M-4.5%$114.4M$0.36
Q3 FY2025$985.3M-0.8%$139.6M$0.43
Q2 FY2025$983.6M-3.6%$122.1M$0.37
Q1 FY2025$938.7M-5.7%$123.5M$0.36
Q4 FY2024$1.02B0.1%$385.7M$1.14
Q3 FY2024$993.4M-5.7%$264.8M$0.78

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryServices-Business Services, NEC
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2013
SEC CIK1365135

Selected SEC filings

10-Q2026-07-30
View on EDGAR →
10-Q2026-04-24
View on EDGAR →
8-K2026-08-14
View on EDGAR →
8-K2026-07-30
View on EDGAR →
8-K2026-07-23
View on EDGAR →
8-K2026-06-24
View on EDGAR →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.