Tearsheet

Western Union (WU)


Market Price (3/26/2026): $9.1 | Market Cap: $2.9 Bil
Sector: Financials | Industry: Transaction & Payment Processing Services

Western Union (WU)


Market Price (3/26/2026): $9.1
Market Cap: $2.9 Bil
Sector: Financials
Industry: Transaction & Payment Processing Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 28%, Dividend Yield is 11%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 24%, FCF Yield is 14%
Weak multi-year price returns
2Y Excs Rtn is -45%, 3Y Excs Rtn is -59%
Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.8%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.3%, Rev Chg QQuarterly Revenue Change % is -4.7%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%
Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 14%
Key risks
WU key risks include [1] erosion of its core retail business as its digital transformation lags behind nimbler fintech rivals, Show more.
2 Low stock price volatility
Vol 12M is 32%
  
3 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Digital Payments, and Cross-border Remittances.
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 28%, Dividend Yield is 11%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 24%, FCF Yield is 14%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%
2 Low stock price volatility
Vol 12M is 32%
3 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments. Themes include Digital Payments, and Cross-border Remittances.
4 Weak multi-year price returns
2Y Excs Rtn is -45%, 3Y Excs Rtn is -59%
5 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 14%
6 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -3.8%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -3.3%, Rev Chg QQuarterly Revenue Change % is -4.7%
7 Key risks
WU key risks include [1] erosion of its core retail business as its digital transformation lags behind nimbler fintech rivals, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

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Western Union (WU) stock has gained about 10% since 11/30/2025 because of the following key factors:

1. Western Union exceeded adjusted earnings per share (EPS) estimates for the fourth quarter of 2025, reporting $0.45, which surpassed the consensus analyst estimate of $0.43. This beat was largely attributed to improved operating margins and effective cost efficiencies.

2. The company issued optimistic financial guidance for fiscal year 2026, projecting adjusted EPS between $1.75 and $1.85, with the midpoint of $1.80 slightly exceeding analyst consensus. Additionally, Western Union forecasts adjusted revenue growth of 6% to 9% for the full year 2026, a outlook that incorporates the pending acquisition of International Money Express (Intermex), expected to close in the second quarter of 2026. This approximately $500 million acquisition is anticipated to be immediately accretive to adjusted EPS by more than $0.10 in the first full year post-close and generate around $30 million in annual run-rate cost synergies.

Show more

Stock Movement Drivers

Fundamental Drivers

The 8.8% change in WU stock from 11/30/2025 to 3/25/2026 was primarily driven by a 65.7% change in the company's P/E Multiple.
(LTM values as of)113020253252026Change
Stock Price ($)8.369.108.8%
Change Contribution By: 
Total Revenues ($ Mil)4,1004,051-1.2%
Net Income Margin (%)18.8%12.3%-34.4%
P/E Multiple3.55.865.7%
Shares Outstanding (Mil)3223181.3%
Cumulative Contribution8.8%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 3/25/2026
ReturnCorrelation
WU8.8% 
Market (SPY)-3.6%24.5%
Sector (XLF)-7.2%40.6%

Fundamental Drivers

The 13.5% change in WU stock from 8/31/2025 to 3/25/2026 was primarily driven by a 96.8% change in the company's P/E Multiple.
(LTM values as of)83120253252026Change
Stock Price ($)8.029.1013.5%
Change Contribution By: 
Total Revenues ($ Mil)4,1044,051-1.3%
Net Income Margin (%)21.8%12.3%-43.5%
P/E Multiple2.95.896.8%
Shares Outstanding (Mil)3293183.5%
Cumulative Contribution13.5%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 3/25/2026
ReturnCorrelation
WU13.5% 
Market (SPY)2.4%20.4%
Sector (XLF)-8.0%30.1%

Fundamental Drivers

The -4.5% change in WU stock from 2/28/2025 to 3/25/2026 was primarily driven by a -44.4% change in the company's Net Income Margin (%).
(LTM values as of)22820253252026Change
Stock Price ($)9.539.10-4.5%
Change Contribution By: 
Total Revenues ($ Mil)4,2104,051-3.8%
Net Income Margin (%)22.2%12.3%-44.4%
P/E Multiple3.55.867.7%
Shares Outstanding (Mil)3383186.5%
Cumulative Contribution-4.5%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2025 to 3/25/2026
ReturnCorrelation
WU-4.5% 
Market (SPY)11.8%41.9%
Sector (XLF)-4.1%43.6%

Fundamental Drivers

The -6.4% change in WU stock from 2/28/2023 to 3/25/2026 was primarily driven by a -39.4% change in the company's Net Income Margin (%).
(LTM values as of)22820233252026Change
Stock Price ($)9.729.10-6.4%
Change Contribution By: 
Total Revenues ($ Mil)4,4764,051-9.5%
Net Income Margin (%)20.3%12.3%-39.4%
P/E Multiple4.15.841.8%
Shares Outstanding (Mil)38231820.3%
Cumulative Contribution-6.4%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2023 to 3/25/2026
ReturnCorrelation
WU-6.4% 
Market (SPY)72.4%33.7%
Sector (XLF)45.0%39.5%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
WU Return-15%-18%-6%-4%-3%1%-38%
Peers Return-33%-29%9%17%-35%-6%-63%
S&P 500 Return27%-19%24%23%16%-4%75%

Monthly Win Rates [3]
WU Win Rate50%50%67%42%33%67% 
Peers Win Rate38%42%55%50%40%33% 
S&P 500 Win Rate75%42%67%75%67%33% 

Max Drawdowns [4]
WU Max Drawdown-26%-27%-25%-6%-21%-2% 
Peers Max Drawdown-41%-49%-24%-18%-46%-16% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-5% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: PYPL, EEFT, RELY, IMXI, PSFE. See WU Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/25/2026 (YTD)

How Low Can It Go

Unique KeyEventWUS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-60.8%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven155.2%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-37.8%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven60.8%51.3%
2020 Covid PandemicTime to BreakevenTime to BreakevenNot Fully Recovered days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-26.7%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven36.4%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven255 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-63.2%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven171.8%131.3%
2008 Global Financial CrisisTime to BreakevenTime to BreakevenNot Fully Recovered days1,480 days

Compare to PYPL, EEFT, RELY, IMXI, PSFE

In The Past

Western Union's stock fell -60.8% during the 2022 Inflation Shock from a high on 4/29/2021. A -60.8% loss requires a 155.2% gain to breakeven.

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About Western Union (WU)

The Western Union Company provides money movement and payment services worldwide. The company operates in two segments, Consumer-to-Consumer and Business Solutions. The Consumer-to-Consumer segment facilitates money transfers between two consumers, primarily through a network of third-party agents and sub-agents; and offers international cross-border transfers and intra-country transfers, as well as money transfer transactions through websites and mobile devices. The Business Solutions segment provides payment and foreign exchange solutions, primarily cross-border and cross-currency transactions for small and medium size enterprises, other organizations, and individuals; and foreign currency forward and option contracts. It also offers bill payment services that facilitates payments from consumers to businesses and other organizations, as well as offers money order and other services. The company was founded in 1851 and is headquartered in Denver, Colorado.

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  • The FedEx or UPS for money.
  • A global PayPal primarily for sending cash and money across borders.

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  • Consumer Money Transfer Services: Facilitates person-to-person money transfers both domestically and internationally through a network of agents, websites, and mobile devices.
  • Business Payment and Foreign Exchange Solutions: Provides cross-border and cross-currency payment services, including foreign currency forward and option contracts, for small to medium-sized enterprises and other organizations.
  • Bill Payment Services: Enables consumers to make payments to businesses and other organizations.
  • Money Order Services: Offers traditional money order instruments for secure payments.
```

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The Western Union Company (WU) primarily serves individuals. While its Business Solutions segment caters to small and medium-sized enterprises (SMEs) and other organizations for cross-border payments and foreign exchange, the core Consumer-to-Consumer segment, and also bill payment services, are directed at individuals. Here are the major categories of individual customers Western Union serves:
  1. Migrant workers and their families: A significant portion of Western Union's customer base comprises individuals working abroad who regularly send money (remittances) back to their families and dependants in their home countries. These transfers are crucial for supporting living expenses, education, and other needs.
  2. Individuals requiring fast and accessible money transfers: This category includes people who need to send or receive money quickly for various personal reasons, such as emergencies, gifts, travel support, or helping family members. These customers often value the speed, reliability, and extensive agent network offered by Western Union, especially for international transfers where traditional banking might be slower or less convenient.
  3. Unbanked or underbanked populations: Many customers do not have access to traditional banking services like bank accounts or credit cards. Western Union provides an essential financial lifeline for these individuals, enabling them to send and receive money, pay bills, and manage their finances through its widespread agent locations.

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Devin B. McGranahan, President and Chief Executive Officer

Devin B. McGranahan joined Western Union as CEO in late 2021, bringing over 25 years of business and leadership experience. Prior to his role at Western Union, he served as the Senior Group President, Global Business Solutions at Fiserv, Inc., where he was responsible for overseeing the company's global merchant acquiring and processing businesses.

Matt Cagwin, Chief Financial Officer

As Chief Financial Officer, Matt Cagwin leads Western Union's global finance organization, which encompasses financial reporting, planning and analysis, tax, treasury, and investor relations. Before joining Western Union, Mr. Cagwin held the position of Senior Vice President, Chief Financial Officer—Merchant Acceptance at Fiserv, Inc./First Data Corp. from 2018 to May 2022. He also served as Senior Vice President, Corporate Controller, and Chief Accounting Officer of First Data from 2014 to 2019.

Ben Hawksworth, Chief Operating Officer

Ben Hawksworth, as Chief Operating Officer, is responsible for overseeing various aspects of Western Union's operations. His purview includes the product and technology teams, customer and agent experience and support services, as well as retail and payments product, platforms, infrastructure & engineering, and data functions.

Caroline Tsai, Executive Vice President, General Counsel & Corporate Secretary

Caroline Tsai joined Western Union in December 2017. As Executive Vice President, General Counsel & Corporate Secretary, she is responsible for the company's legal, compliance, public policy advocacy, and bank regulatory strategies. Prior to her tenure at Western Union, Ms. Tsai accumulated over 12 years of experience in executive-level legal roles at BMO Financial Group and Bank of America Corporation. At BMO Financial Group, she served as Deputy General Counsel and Chief Regulatory Officer, and as Chief Legal Officer, U.S. Personal and Commercial Banking at BMO Harris Bank, where she notably led the negotiation and closing of the $9 billion acquisition of the GE Transportation Finance business. She began her legal career at Jones Day, specializing in complex structured transactions for investment banking clients.

Ramya Narayanan, Chief Strategy and Development Officer

As Chief Strategy and Development Officer, Ramya Narayanan collaborates with leaders both inside and outside Western Union to support and monitor strategic initiatives. Her responsibilities include exploring expansion opportunities, mergers and acquisitions, and defining the strategic direction for global retail. Before joining Western Union, Ms. Narayanan spent over 13 years at American Express, where she held various general management and enterprise strategy roles, most recently leading the Enterprise Strategy and Execution team.

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The key risks to Western Union's business are primarily driven by the evolving competitive landscape, stringent regulatory environment, and inherent operational risks associated with its agent network.

  1. Intense Competition from Digital-First Fintechs: Western Union faces significant and accelerating competition from digital-first financial technology (fintech) companies and other digital payment providers. These competitors often offer lower costs and faster services, which challenge Western Union's traditional retail-agent model and are eroding its market share. While the company is working on its digital transformation (e.g., Branded Digital revenue growth), the decline in its core Consumer Money Transfer (CMT) revenue demonstrates the pressure on its traditional business, impacting overall revenue and gross margins.

  2. Regulatory and Compliance Risks: Operating in the global money movement and payment services sector exposes Western Union to a complex and ever-changing regulatory environment. The company must comply with strict legal requirements related to anti-money laundering (AML), sanctions, fraud prevention, licensing, and consumer protection. Material changes or increased stringency in these regulations can lead to higher operational costs, increased demands on its agent network, potential agent attrition, and exposure to litigation and governmental investigations.

  3. Credit, Liquidity, and Fraud Risks from Agents and Consumers: A substantial portion of Western Union's business relies on its extensive network of third-party agents. The company faces credit exposure to these agents, who collect funds for transfers. There is a risk that agents may generate less revenue, leave the network due to competition or other factors, or be unable to settle funds, which could adversely affect the company's revenue and profits. Additionally, the company is exposed to fraud risks originating from agents, consumers, and third-party processors, which can impact its financial condition and results of operations.

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Emerging Threats for Western Union (WU)

The clear emerging threat to Western Union comes from the proliferation and rapid growth of digital-first fintech companies specializing in cross-border money transfers. Companies such as Wise (formerly TransferWise), Remitly, and Xoom (owned by PayPal) leverage advanced technology to offer consumers significantly lower transaction fees, more competitive exchange rates, and a more convenient, mobile-centric user experience. These digital platforms directly challenge Western Union's traditional agent-based model by enabling faster, cheaper, and fully online or app-based remittances, thereby attracting a growing segment of customers and eroding Western Union's market share in its core Consumer-to-Consumer segment.

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The addressable markets for Western Union's main products and services are substantial and global in scope. ### Consumer-to-Consumer (C2C) Money Transfers Western Union's Consumer-to-Consumer segment, which facilitates money transfers between two consumers, addresses a significant global market. The global C2C cross-border payments market (Total Addressable Market or TAM) was valued at approximately $2.1 trillion in 2025. This market is projected to grow to $3.3 trillion by 2033. Another perspective on this market, the global remittance market, was valued at USD 188.93 billion in 2025 and is estimated to reach USD 381.98 billion by 2031. ### Business Solutions Western Union's Business Solutions segment, providing payment and foreign exchange solutions, operates within the expansive cross-border payments and foreign exchange markets. * **Cross-Border Payments:** The entire wholesale and retail cross-border payments market had a Total Addressable Market (TAM) of $208 trillion in 2025. Specifically, the Business-to-Business (B2B) cross-border payments market had a global size of $34.8 trillion in 2025 and is projected to grow to $51.2 trillion in 2033. * **Foreign Exchange (FX) Services:** The global foreign exchange services market is valued at USD 11.02 billion in 2025 and is predicted to reach USD 24.17 billion by 2035. More broadly, the daily trading volume in the global foreign exchange market reached approximately $7.5 trillion in 2022.

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Here are 3-5 expected drivers of future revenue growth for Western Union (WU) over the next 2-3 years: * Accelerated Digital-First Strategy and Branded Digital Growth: Western Union is intensely focused on its "digital-first" strategy, aiming to significantly increase its digital mix and branded digital revenue. This involves expanding its online and mobile app services (WU.com), driving customer acquisition to digital platforms, and shifting towards account-to-account payouts. The company expects digital channels to represent a materially higher percentage of total money transfer revenue by 2025. * Expansion of Consumer Services: The Consumer Services segment, encompassing offerings like bill pay, prepaid cards, travel money, and digital wallets, is projected to achieve double-digit revenue growth. Western Union views this segment as a crucial area for expanding "beyond remittances" and aims for it to become a $1 billion business by 2028 through market expansion, new product offerings, and inorganic growth strategies. * Strategic Partnerships and Omnichannel Enhancements: Growth is expected from strategic partnerships that facilitate send-to-account and send-to-wallet transactions with banks and mobile wallets across numerous markets. Additionally, integrations with major card networks like Visa Direct and Mastercard Send are designed to enable near real-time deposits. Western Union is also leveraging its extensive retail agent network to catalyze and support the growth of its digital services, offering an omnichannel experience. * Acquisition of International Money Express (Intermex): The pending acquisition of International Money Express is anticipated to be a significant contributor to revenue growth. This acquisition will bolster Western Union's money transfer network, particularly in Latin America, and is expected to be accretive to earnings, with full synergy accretion targeted more for 2027. * Launch of Digital Asset Network and USDPT Stablecoin: Western Union plans to launch its U.S. Dollar Payment Token (USDPT) stablecoin and a Digital Asset Network in the first half of 2026. This initiative aims to bridge traditional finance with blockchain technology, offering faster, more secure, and potentially cheaper cross-border transactions, and is highlighted as a key driver for expanding global money movement options.

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Share Repurchases

  • The Western Union Company authorized a new $1 billion share repurchase program in December 2024, without a predetermined expiration date.
  • The company repurchased approximately $225 million in shares in 2025.
  • In 2024 and 2023, Western Union repurchased $186.2 million and $300 million in common shares, respectively.

Share Issuance

  • The number of common shares outstanding decreased from 409 million at the end of 2021 to 315.7 million at the end of 2025, indicating a net reduction primarily due to share repurchases.

Outbound Investments

  • Western Union announced an agreement in August 2025 to acquire International Money Express, Inc. (Intermex) for approximately $500 million, with the transaction expected to close in the second quarter of 2026.
  • The company sold its Business Solutions segment, with the final closing of the transaction occurring on July 1, 2023.

Capital Expenditures

  • Capital expenditures totaled $150.8 million in 2025, $37.4 million in 2024, and $147.8 million in 2023.
  • The company's "Beyond" strategy, launched in 2025, focuses on repositioning Western Union as a digital-first provider of remittances and financial services, leveraging its retail network to grow digital offerings.
  • Primary focuses of capital expenditures include investments in technology to mitigate risks associated with fraud and regulatory changes, and re-architecting its platform into a cloud-based, omnichannel system.

Better Bets vs. Western Union (WU)

Trade Ideas

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Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
NDAQ_2282026_Insider_Buying_45D_2Buy_200K02282026NDAQNasdaqInsiderInsider Buys 45DStrong Insider Buying
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JEF_2272026_Dip_Buyer_ValueBuy02272026JEFJefferies FinancialDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
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PAYO_2272026_Dip_Buyer_High_CFO_Margins_ExInd_DE02272026PAYOPayoneer GlobalDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
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FOUR_2272026_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG02272026FOURShift4 PaymentsDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
0.0%0.0%0.0%
WU_11212025_Dip_Buyer_FCFYield11212025WUWestern UnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
17.3%17.3%-0.4%
WU_10312023_Dip_Buyer_FCFYield10312023WUWestern UnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
23.5%3.2%0.0%
WU_4302022_Dip_Buyer_FCFYield04302022WUWestern UnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-14.4%-30.1%-35.3%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

WUPYPLEEFTRELYIMXIPSFEMedian
NameWestern .PayPal Euronet .Remitly .Internat.Paysafe  
Mkt Price9.1044.8567.1116.1115.856.8715.98
Mkt Cap2.941.82.73.40.50.42.8
Rev LTM4,05133,1724,2441,6356081,7012,876
Op Inc LTM7576,3965307768122326
FCF LTM3935,56443428316108338
FCF 3Y Avg4355,51753314557114290
CFO LTM5446,41656032537236434
CFO 3Y Avg5786,23664516878241410

Growth & Margins

WUPYPLEEFTRELYIMXIPSFEMedian
NameWestern .PayPal Euronet .Remitly .Internat.Paysafe  
Rev Chg LTM-3.8%4.3%6.4%29.4%-7.7%-0.2%2.1%
Rev Chg 3Y Avg-3.3%6.4%8.1%35.9%4.2%4.4%5.4%
Rev Chg Q-4.7%3.7%5.9%25.7%-10.5%4.4%4.0%
QoQ Delta Rev Chg LTM-1.2%0.9%1.5%5.8%-2.8%1.1%1.0%
Op Mgn LTM18.7%19.3%12.5%4.7%11.2%7.2%11.8%
Op Mgn 3Y Avg18.2%18.0%12.3%-3.5%13.7%8.6%13.0%
QoQ Delta Op Mgn LTM0.4%0.1%-0.7%2.5%-1.6%-0.6%-0.2%
CFO/Rev LTM13.4%19.3%13.2%19.9%6.1%13.9%13.7%
CFO/Rev 3Y Avg13.7%19.7%16.3%11.9%12.0%14.5%14.1%
FCF/Rev LTM9.7%16.8%10.2%17.3%2.6%6.4%10.0%
FCF/Rev 3Y Avg10.3%17.4%13.5%10.3%8.7%6.8%10.3%

Valuation

WUPYPLEEFTRELYIMXIPSFEMedian
NameWestern .PayPal Euronet .Remitly .Internat.Paysafe  
Mkt Cap2.941.82.73.40.50.42.8
P/S0.71.30.62.10.80.20.7
P/EBIT3.86.25.242.68.05.96.1
P/E5.88.08.949.714.4-2.18.4
P/CFO5.36.54.910.412.81.65.9
Total Yield28.0%12.5%11.3%2.0%6.9%-47.8%9.1%
Dividend Yield10.7%0.0%0.0%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg11.9%8.2%13.1%4.5%8.0%16.6%10.1%
D/E1.10.20.80.10.57.00.6
Net D/E0.0-0.00.2-0.10.16.30.1

Returns

WUPYPLEEFTRELYIMXIPSFEMedian
NameWestern .PayPal Euronet .Remitly .Internat.Paysafe  
1M Rtn1.3%2.1%-4.8%-1.2%0.7%14.1%1.0%
3M Rtn-0.2%-25.1%-13.1%12.7%3.0%-16.5%-6.7%
6M Rtn17.2%-33.6%-23.7%-1.1%11.2%-48.1%-12.4%
12M Rtn-3.2%-36.4%-38.2%-23.4%17.7%-61.6%-29.9%
3Y Rtn9.2%-39.0%-38.7%-4.6%-36.4%-57.2%-37.5%
1M Excs Rtn4.5%0.5%2.3%4.3%5.3%19.2%4.4%
3M Excs Rtn4.8%-20.2%-9.7%14.9%7.7%-11.2%-2.4%
6M Excs Rtn19.3%-31.5%-21.7%-1.6%12.1%-46.7%-11.6%
12M Excs Rtn-17.2%-50.1%-51.9%-36.8%4.6%-75.4%-43.5%
3Y Excs Rtn-58.6%-104.3%-103.3%-65.7%-98.1%-124.7%-100.7%

Comparison Analyses

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Consumer Money Transfer3,7984,0053,9944,3944,220
Consumer Services412322285255259
Business Solutions 30197422356
Total4,2104,3574,4765,0714,835


Operating Income by Segment
$ Mil20252024202320222021
Consumer Money Transfer737751765978925
Consumer Services52921015055
Severance costs-1    
Amortization and impairment of acquisition-related intangible assets-2    
Acquisition, separation, and integration costs-4   -37
Russia termination costs-15    
Redeployment program costs-41-30-22  
Business Solutions 4589624
Business Solutions exit costs  -8  
Russia/Belarus exit costs  -10  
Total7268188851,123967


Price Behavior

Price Behavior
Market Price$9.10 
Market Cap ($ Bil)2.9 
First Trading Date10/02/2006 
Distance from 52W High-9.2% 
   50 Days200 Days
DMA Price$9.33$8.44
DMA Trendupup
Distance from DMA-2.5%7.9%
 3M1YR
Volatility28.2%32.2%
Downside Capture27.6666.62
Upside Capture35.0853.18
Correlation (SPY)28.8%44.9%
WU Betas & Captures as of 2/28/2026

 1M2M3M6M1Y3Y
Beta0.580.690.570.490.720.62
Up Beta2.522.241.711.210.950.71
Down Beta-0.11-0.03-0.120.290.550.60
Up Capture47%74%95%53%41%20%
Bmk +ve Days9203170142431
Stock +ve Days10203260113371
Down Capture-4%46%22%21%75%85%
Bmk -ve Days12213054109320
Stock -ve Days10202759128361

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with WU
WU-3.6%32.1%-0.08-
Sector ETF (XLF)-0.6%19.1%-0.1646.9%
Equity (SPY)15.5%18.8%0.6344.8%
Gold (GLD)51.3%27.2%1.51-4.0%
Commodities (DBC)17.8%17.5%0.848.7%
Real Estate (VNQ)0.7%16.4%-0.1336.6%
Bitcoin (BTCUSD)-19.2%43.9%-0.3620.7%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with WU
WU-11.8%28.3%-0.42-
Sector ETF (XLF)9.2%18.7%0.3847.0%
Equity (SPY)12.4%17.0%0.5741.4%
Gold (GLD)20.9%17.5%0.971.5%
Commodities (DBC)12.0%18.9%0.5211.2%
Real Estate (VNQ)3.1%18.8%0.0741.0%
Bitcoin (BTCUSD)4.1%56.7%0.2913.3%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with WU
WU-1.5%27.2%-0.02-
Sector ETF (XLF)12.6%22.1%0.5252.4%
Equity (SPY)14.3%17.9%0.6851.2%
Gold (GLD)13.3%15.8%0.70-1.1%
Commodities (DBC)8.3%17.6%0.3918.6%
Real Estate (VNQ)4.9%20.7%0.2046.0%
Bitcoin (BTCUSD)67.1%66.8%1.0611.0%

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Short Interest

Short Interest: As Of Date3132026
Short Interest: Shares Quantity44.3 Mil
Short Interest: % Change Since 22820265.9%
Average Daily Volume7.5 Mil
Days-to-Cover Short Interest5.9 days
Basic Shares Quantity317.9 Mil
Short % of Basic Shares13.9%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
2/20/2026-1.8%1.0%-2.0%
10/23/202510.2%15.7%3.4%
7/28/2025-4.1%-4.9%1.7%
4/23/20250.7%-2.0%-4.7%
2/4/20256.1%-1.2%6.6%
10/23/2024-3.4%-6.5%-6.0%
7/30/2024-8.3%-11.3%-6.6%
4/24/2024-2.2%-3.7%-5.9%
...
SUMMARY STATS   
# Positive1088
# Negative141616
Median Positive1.0%2.1%7.2%
Median Negative-5.5%-3.6%-5.8%
Max Positive10.2%15.7%21.4%
Max Negative-12.6%-11.8%-18.1%

SEC Filings

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Report DateFiling DateFiling
12/31/202502/20/202610-K
09/30/202510/27/202510-Q
06/30/202507/28/202510-Q
03/31/202504/23/202510-Q
12/31/202402/20/202510-K
09/30/202410/23/202410-Q
06/30/202407/30/202410-Q
03/31/202404/24/202410-Q
12/31/202302/22/202410-K
09/30/202310/25/202310-Q
06/30/202307/26/202310-Q
03/31/202305/02/202310-Q
12/31/202202/23/202310-K
09/30/202211/01/202210-Q
06/30/202208/03/202210-Q
03/31/202204/28/202210-Q

Recent Forward Guidance [BETA]

Latest: Q4 2025 Earnings Reported 2/20/2026 | Prior: Q3 2025 Earnings Reported 10/23/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
2026 Revenue Growth5.0%6.5%8.0%  Higher New
2026 Adjusted Revenue Growth6.0%7.5%9.0%  Higher New
2026 EPS1.51.551.6-8.8% Lower NewActual: 1.7 for 2025
2026 Adjusted EPS1.751.81.855.9% Higher NewActual: 1.7 for 2025

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Angelini, GiovanniPresident Europe, Africa, MEPADirectBuy111120258.9510,00089,5401,673,789Form
2McGranahan, DevinCEO & PresidentDirectBuy82520258.49176,4701,498,0547,751,518Form
3Cagwin, MatthewChief Financial OfficerDirectBuy82020258.3617,500146,3001,886,111Form