WU Financials Western Union Co

10 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Aug 4, 2026, 19:38 UTC Overview →

Growth & profitability

Revenue has declined 3.5% per year over the past 5 years.
Net income has grown slower than revenue (-7.7% vs -3.5% per year).
Operating margin has contracted, at 19.5% in the latest year.
Free cash flow has declined 9.7% per year over the past 5 years.

Financial health

Total debt ($2.9B) exceeds cash ($1.2B); net debt is $1.7B.
Total debt has grown faster than revenue (1.2% vs -3.5% per year).
Total debt is 3.8× EBITDA.

Shareholder returns

Dividends have been paid for 10 consecutive years, consuming 61.8% of earnings and 61.2% of free cash flow.
The dividend has declined 3.6% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$3.9B	$500M	34.3%	19.5%	52.2%	6.0%	$505M	$2.9B	$1.2B
2024	$4.0B	$934M	34.9%	18.0%	96.4%	11.2%	$369M	$3.0B	$1.5B
2023	$4.2B	$626M	35.7%	19.7%	130.7%	7.6%	$760M	$2.1B	$1.3B
2022	$4.3B	$911M	38.3%	20.8%	190.6%	10.7%	$550M	$2.5B	$1.3B
2021	$4.9B	$806M	40.5%	23.1%	226.6%	9.1%	$1.0B	$2.8B	$1.2B
2020	$4.6B	$744M	38.9%	20.9%	398.9%	7.8%	$841M	—	$1.4B
2019	$5.0B	$1.1B	38.7%	18.6%	-2679.2%	12.1%	$867M	—	$1.5B
2018	$5.4B	$852M	38.7%	20.8%	-275.0%	9.5%	$685M	—	$973M
2017	—	-$557M	—	—	113.4%	-6.0%	$673M	—	$838M
2016	—	$253M	—	—	28.1%	2.7%	$973M	—	$878M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$972M	$77M	30.4%	13.6%	8.4%	1.0%	$95M	$2.5B	$920M
Mar '26	$949M	$65M	31.0%	13.0%	7.1%	0.8%	$103M	$2.3B	$909M
Dec '25	$972M	$114M	33.6%	19.1%	11.9%	1.4%	$116M	$2.9B	$1.2B
Sep '25	$985M	$140M	34.7%	20.5%	15.1%	1.8%	$253M	$2.5B	$948M
Jun '25	$984M	$122M	34.6%	19.6%	13.8%	1.5%	-$8M	$2.5B	$1.0B
Mar '25	$939M	$124M	34.0%	18.9%	13.1%	1.5%	$145M	$2.5B	$1.3B
Dec '24	$1.0B	$386M	35.0%	17.5%	39.8%	4.6%	$120M	$3.0B	$1.5B
Sep '24	$993M	$265M	34.2%	16.6%	40.6%	3.4%	$205M	$2.1B	$1.1B
Jun '24	$1.0B	$141M	35.0%	18.7%	32.0%	1.8%	-$39M	$2.1B	$1.0B
Mar '24	$996M	$143M	35.6%	19.3%	35.9%	1.8%	$83M	$2.1B	$1.1B
Dec '23	$1.0B	$127M	35.4%	15.7%	26.5%	1.5%	$258M	$2.1B	$1.3B
Sep '23	$1.1B	$171M	34.7%	20.0%	27.9%	2.2%	$250M	$2.1B	$1.1B
Jun '23	$1.1B	$176M	37.0%	21.9%	28.1%	2.1%	$122M	$2.1B	$1.6B
Mar '23	$979M	$152M	35.7%	20.9%	27.5%	1.8%	$131M	$2.5B	$1.2B
Dec '22	$1.0B	$249M	34.2%	14.6%	52.2%	2.9%	$48M	$2.5B	$1.3B
Sep '22	$1.0B	$174M	38.4%	22.4%	32.9%	2.0%	$210M	$2.5B	$1.2B
Jun '22	$1.1B	$194M	39.6%	24.4%	43.3%	2.2%	$102M	$2.5B	$1.2B
Mar '22	$1.1B	$293M	40.5%	21.6%	83.1%	3.5%	$190M	$2.5B	$1.3B
Dec '21	$1.2B	$169M	41.8%	25.8%	47.5%	1.9%	$348M	$2.8B	$1.2B
Sep '21	$1.2B	$233M	41.5%	25.9%	63.1%	2.6%	$328M	$2.8B	$1.0B

Valuation over time

How the market has priced WU against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 3.8× (Mar '23) to 3.9× (Nov '26).
The price-to-sales ratio has fallen from 0.8× (Mar '23) to 0.5× (Nov '26).
The dividend yield has risen from 10.5% (Mar '23) to 15.8% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is WU growing its revenue and profit?

Over the past 5 years, Western Union Co's revenue has declined 3.5% per year, and net income declined 7.7% per year. These are computed facts, not advice.

How much debt does WU have?

As of FY2025, Western Union Co reported $2.9B of total debt against $1.2B of cash.

What is WU's profit margin?

In FY2025, gross margin was 34.3%, operating margin 19.5%, and net margin 12.9%.

What is WU's P/E ratio?

Western Union Co's P/E (TTM) is 4.96 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the WU stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 3.9× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.