Western Union is a global provider of money movement and payment services for consumers and businesses. The company operates in two business segments: Consumer-to-Consumer and Business Solutions. Its Consumer-to-Consumer money transfer service enables people to send money through a global network of agent locations and branded websites. The Business Solutions segment facilitates payment and foreign exchange solutions, primarily cross-border and cross-currency transactions, for small and medium-sized enterprises and other organizations and individuals. Western Union also provides electronic-based and cash-based bill payment services that facilitate payments from consumers to businesses and other organizations.
Type | Public | |
Founded | 1851 | |
HQ | Denver, CO, US | Map |
Website | westernunion.com | |
Overall Culture | C | More |
USD | |
---|---|
Revenue (FY, 2020) | 4.6b |
Gross profit (FY, 2020) | 1.8b |
Gross profit margin (FY, 2020), % | 38.9% |
Net income (FY, 2020) | 744.3m |
EBIT (FY, 2020) | 967.3m |
Market capitalization (1-Apr-2021) | 10.3b |
Closing stock price (1-Apr-2021) | 25.1 |
Cash (31-Dec-2020) | 1.4b |
EV | 12.0b |
USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.3b | 1.4b | 1.4b | 1.3b | 1.4b | 1.4b | 1.4b | 1.4b | 1.4b | 1.3b | 1.3b | 1.3b | 1.1b | 1.1b | 1.3b |
Cost of goods sold | 779.4m | 821.9m | 822.9m | 799.9m | 842.3m | 840.5m | 825.4m | 829.2m | 812.4m | 785.0m | 776.4m | 768.6m | 683.4m | 662.2m | 721.7m |
Gross profit | 518.3m | 553.8m | 554.9m | 502.5m | 536.6m | 564.2m | 564.0m | 581.9m | 575.4m | 552.0m | 564.1m | 538.3m | 439.2m | 452.5m | 536.8m |
Gross profit Margin, % | 40% | 40% | 40% | 39% | 39% | 40% | 41% | 41% | 41% | 41% | 42% | 41% | 39% | 41% | 43% |
USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 1.2b | 1.2b | 1.3b | 1.3b | 1.1b | 1.0b | 934.3m | 938.3m | 767.6m | 833.1m | 1.2b | 1.4b | 1.1b | 1.2b | 1.3b |
PP&E | 226.3m | 221.7m | 224.4m | 209.3m | 215.3m | 211.9m | 215.7m | 241.8m | 266.8m | 229.0m | 224.1m | 212.2m | 173.7m | 167.5m | |
Goodwill | 3.2b | 3.2b | 3.2b | 3.2b | 3.2b | 3.2b | 2.7b | 2.7b | 2.7b | 2.6b | 2.6b | 2.6b | 2.6b | 2.6b | 2.6b |
Total Assets | 9.4b | 9.4b | 9.5b | 9.5b | 9.4b | 9.9b | 9.2b | 9.1b | 9.0b | 9.4b | 9.0b | 8.8b | 8.4b | 8.8b |
USD | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 185.7m | 391.3m | 608.2m | 161.7m | 328.2m | 563.8m | 213.6m | 431.2m | 639.8m | 173.1m | 787.9m | 922.9m | 176.7m | 338.6m | 567.2m |
Depreciation and Amortization | 65.6m | 131.5m | 197.9m | 66.4m | 131.6m | 197.1m | 66.7m | 132.4m | 196.0m | 64.8m | 129.6m | 190.7m | 58.2m | 83.3m | 169.5m |
Accounts Payable | (51.0m) | (99.5m) | (50.2m) | (192.7m) | (606.9m) | (538.4m) | (123.2m) | (140.4m) | (109.7m) | (44.1m) | (59.3m) | 67.9m | (109.3m) | (130.9m) | (142.7m) |
Cash From Operating Activities | 212.7m | 485.6m | 821.9m | 86.3m | (24.0m) | 423.1m | 132.7m | 298.7m | 518.5m | 239.6m | 402.6m | 665.3m | 112.4m | 347.8m | 585.6m |
USD | FY, 2015 |
---|---|
Revenue/Employee | 548.4k |
Debt/Equity | 2.3 x |
Debt/Assets | 0.3 x |
Financial Leverage | 6.7 x |
Company Name | Date | Deal Size |
---|---|---|
Coins | April 04, 2019 | |
Opus Software Technologies Private Limited | November 06, 2017 | $25.3 m |
Travelex | July 05, 2011 | |
Custom House | September 02, 2009 | |
Speedpay | January 01, 2002 | |
Banco Western Union do Brasil S.A. | ||
Custom House Currency Exchange (Australia) Pty. Limited | ||
Custom House Currency Exchange (Singapore) Pte. Limited | ||
Custom House Financial Ltd. | ||
Custom House Financial (UK) Limited |
Western Union revenue breakdown by business segment: 6.9% from Business Solutions, 79.7% from Consumer-to-Consumer and 13.4% from Other
Western Union revenue breakdown by geographic segment: 62.0% from International and 38.0% from United States
69.6k
Tweets
1.2k
Following
630.2k
Followers
645
Tweets last 30 days
0.5
Avg. likes per Tweet
17.8%
Tweets with engagement
C
65/100
C
66/100
B
72/100
C
64/100
When was Western Union founded?
Western Union was founded in 1851.
Who are Western Union key executives?
Western Union's key executives are Hikmet Ersek, Andrew Summerill and Raj Agrawal.
How many employees does Western Union have?
Western Union has 11,500 employees.
What is Western Union revenue?
Latest Western Union annual revenue is $4.6 b.
What is Western Union revenue per employee?
Latest Western Union revenue per employee is $402.2 k.
Who are Western Union competitors?
Competitors of Western Union include TransferWise, Ebury and Flywire.
Where is Western Union headquarters?
Western Union headquarters is located at 7001 E Belleview Ave, Denver.
Where are Western Union offices?
Western Union has offices in Denver, Los Angeles, New York, Omaha and in 30 other locations.
How many offices does Western Union have?
Western Union has 37 offices.
Receive alerts for 300+ data fields across thousands of companies