WUWestern Union CO
Services-Business Services, NEC
- Revenue
- $3.9B
- 3.7% YoY
- Operating margin
- 19.5%
- 8.3% YoY
- EBITDA
- $793M
- 3.8% YoY
- Market cap
- $1.9B
- Employees
- 1,600
- $2M revenue each
- Net debt / EBITDA
- 2.0×
- $1.6B net debt
- AI in 10-K
- 2.4
- mentions per 10K words
Takeover score 1 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo109% of net incomeCash flow under 80% of net income
- Dilutive SBCNo1% of revenueOver 10% of revenue
- Payouts exceed cash flowNo100% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo27% of assetsOver 40% of assets
- Shareholder dissentNo—Any vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo$2M · 95th pctBottom quartile of its SIC industry
- Quiet on AINo2.4 per 10K words · 61st pctBottom quartile of AI mentions in 10-Ks
- Net cashNo2.0× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedYes$1.9B market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$151K netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $4.9B | $4.3B | $4.2B | $4.0B | $3.9B | 3.7% |
| Operating income | $1.1B | $885M | $818M | $726M | $757M | 4.3% |
| Net income | $806M | $911M | $626M | $934M | $500M | 47% |
| Operating cash flow | $1.0B | $582M | $783M | $406M | $544M | 34% |
| Capex | $38M | $32M | $23M | $37M | $39M | 2.9% |
| Stock-based comp | $44M | $46M | $36M | $39M | $47M | 20% |
| Buybacks | $410M | $370M | $308M | $186M | $235M | 26% |
| Dividends | $382M | $364M | $349M | $322M | $309M | 3.9% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $90K · 1
- Open-market sells, 12 mo
- $241K · 4
- Net
- −$151K
Pay vs performance
No pay-versus-performance disclosure yet.