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Western Union WU Operating margin

Operating margin at other companies

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Euronet WorldwideEEFT
12.1%-0.6pp
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
17.9%0.0pp
Remitly Global, Inc. logo
Remitly Global, Inc.RELY
6.9%+6.4pp
Paymentus Holdings logo
Paymentus HoldingsPAY
6.8%+1.3pp
Payoneer Global Inc. logo
Payoneer Global Inc.PAYO
11.7%-2.3pp
WEX logo
WEXWEX
24.6%-1.4pp

Other financials

Income statement

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Revenue$982.7M-0.1%
Gross profit$327.8M-10.0%
Operating income$123.0M-30.7%
Net income$64.7M-47.6%
EPS (diluted)$0.20-44.4%

Balance sheet

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Cash & equivalents$909.2M-29.5%
Total debt$2.6B-6.0%
Total assets$8.1B-2.9%

Cash flow

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Operating cash flow$109.0M-26.5%
CapEx$6.4M+88.2%
Free cash flow$102.6M-29.1%

Valuation

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Market cap$2.2B-23.5%
Enterprise value$3.91B-12.3%
P/E+1.8×
P/S0.5×-0.1×

Profitability

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Gross margin36.1%-1.2pp
Net margin10.9%-11.2pp
FCF margin11.6%

Returns & leverage

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Return on equity19.9%
Debt / equity6.3×

Where this comes from

Calculated from Western Union’s reported figures.

Based on trailing twelve months.

The official record: Western Union’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Western Union's operating margin?
Western Union (WU) reported operating margin of 17.4% in Q1 2026.
How has Western Union's operating margin changed year-over-year?
Western Union's operating margin increased by 1.2% year-over-year, from 17.2% to 17.4%.
What is the long-term trend for Western Union's operating margin?
Over 5 years (2020 to 2025), Western Union's operating margin has grown at a -1.3% compound annual growth rate (CAGR), from 20% to 18.7%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.