WU Western Union CO

Overview and Growth

In fiscal 2025, Western Union CO recorded $4.05B of revenue, net income of $499.60M, and an operating cash inflow of $543.70M. Revenue of $4.05B sets the scale for evaluating how effectively sales translated into profit and cash during the year. Compared with $4.21B in fiscal 2024, revenue decreased 3.8%, a top-line contraction that reduced operating scale. The company reported diluted EPS of $1.52, adding a shareholder-level measure to the absolute income figures considered below. Diluted EPS decreased by 44.5% from $2.74 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. Asset turnover was 0.49x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

The first profit layer was $1.50B of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. The gross-profit relationship equaled 37.0% of revenue, quantifying the portion retained before operating expenses were recognized. The reported operating result was $757.30M, capturing profitability after direct costs and the operating expenses reflected in the statements. Operating margin measured 18.7%, showing the portion of revenue preserved after the full set of operating costs. The bottom-line result was net income of $499.60M, after the operating, financing, tax, and other items recognized for the period. Net margin was 12.3%, meaning that this portion of revenue remained as net income after all recognized expenses. The earnings statement records $625.70M of pretax income, the profit base against which the reported tax provision can be assessed. The pretax margin was 15.4%, relating income before taxes directly to revenue. The reported income-tax provision was $126.10M, the amount recognized between pretax income and the final net-income result. Relative to pretax income, the tax provision measured 20.2%, quantifying the portion of pre-tax earnings paid in income tax. Return on period-end equity was 52.2%, relating annual net income to the equity capital on the balance sheet. Net income represented 6.0% of period-end assets, placing the company’s bottom-line result against the total resource base employed.

Liquidity and Capital Structure

Total assets were $8.31B, supported by $7.35B of liabilities and $957.80M of shareholder equity. Reported cash and equivalents were $1.23B, separating immediately recognizable cash resources from the rest of the current-asset base. Total debt was $2.88B, establishing the amount of borrowing carried within the company’s capital structure. Debt equaled 3.01x of book equity, describing the relative scale of borrowing and shareholder capital. The debt-to-assets relationship was 34.7%, comparing borrowing with the total asset balance. Liabilities represented 88.5% of total assets, quantifying the liability-funded share of the company’s resource base. Measured against total assets, cash and equivalents represented 14.9%, a balance-sheet composition measure rather than a liquidity forecast. The asset base changed 0.8% from $8.37B in fiscal 2024, leaving current total assets lower year over year.

Cash Flow and Earnings Quality

The company reported $543.70M of operating cash flow, a cash inflow that shows the cash generated by operations. Against net income, operating cash flow measured 1.09x, showing the relationship between accrual earnings and operating cash. Capital expenditures used $38.50M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital expenditures represented 7.1% of operating cash flow, leaving the remainder available as free cash flow. Free cash flow came to $505.20M, leaving a positive amount after capital expenditures. Free cash flow represented 12.5% of revenue, linking post-investment cash generation with the company’s operating scale. Free cash flow equaled 6.1% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.