Western Union

The Western Union Company promotes global economic opportunity and growth by bridging gaps in the financial services sector. Our growing product portfolio includes business solutions, consumer-to-consumer money transfer, bill-payment services and stored-value options such as prepaid cards. Online, by phone, from more than 100,000 ATMs and through more than 500,000 Agent locations worldwide, Western Union aims to move money anytime, anywhere and any way our customers choose, helping consumers and businesses grow.
Company Growth (employees)
Type
Public
HQ
Englewood, US
Size (employees)
10,000 (est)-6%
Western Union is headquartered in Englewood, US

Key People at Western Union

Hikmet Ersek

Hikmet Ersek

President, CEO and Director
Scott Coad

Scott Coad

CTO
Raj Agrawal

Raj Agrawal

EVP, CFO
Richard Williams

Richard Williams

EVP & CHRO
Khalid Fellahi

Khalid Fellahi

SVP & GM, Western Union Digital
Kerry Agiasotis

Kerry Agiasotis

SVP, President, Western Union Business Solutions
Odilon Almeida

Odilon Almeida

EVP and President, Americas and European Union
Jean Farah

Jean Farah

EVP and President, Middle East, Africa, Asia Pacific, Eastern Europe & CIS
John Dye

John Dye

EVP, General Counsel and Secretary
David Thompson

David Thompson

EVP, Global Operations and Technology, CIO

Western Union Office Locations

Western Union has offices in Englewood, Vilnius, Gothenburg, San Jose and in 60 other locations
Englewood, US (HQ)
12500 East Belford Avenue
Show all (63)

Western Union Data and Metrics

Western Union Financial Metrics

Western Union's revenue was reported to be $1.3 b in Q1, 2017
USD

Revenue (Q1, 2017)

1.3 b

Gross profit (Q1, 2017)

501.9 m

Gross profit margin (Q1, 2017), %

39%

Net income (Q1, 2017)

161.7 m

EBIT (Q1, 2017)

239.5 m

Market capitalization (21-Jul-2017)

9.3 b

Cash (31-Mar-2017)

1.3 b
Western Union's current market capitalization is $9.3 b.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

5.2 b5.5 b5.7 b5.5 b5.6 b5.5 b5.4 b

Revenue growth, %

6%3%(2%)1%(2%)(1%)

Cost of goods sold

3.2 b3.3 b3.2 b3.3 b

Gross profit

2.3 b2.3 b2.3 b2.2 b

Gross profit Margin, %

42%41%42%40%

General and administrative expense

1.7 b

Operating expense total

4.4 b4.7 b4.4 b4.9 b

EBIT

1.1 b1.1 b1.1 b483.7 m

EBIT margin, %

20%20%20%9%

Interest expense

195.6 m176.6 m167.9 m152.5 m

Interest income

9.4 m11.5 m10.9 m3.5 m

Pre tax profit

926.9 m968.2 m941.8 m341.7 m

Income tax expense

142.9 m128.5 m115.8 m104 m88.5 m

Net Income

798.4 m852.4 m837.8 m253.2 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

1.4 b1.4 b1.3 b1.4 b1.4 b1.3 b1.4 b1.4 b1.3 b

Cost of goods sold

827.8 m840.5 m771.8 m799.4 m817.2 m779.4 m821.9 m822.9 m800.5 m

Gross profit

577.8 m600.4 m549.1 m584.2 m582 m518.3 m553.8 m554.9 m501.9 m

Gross profit Margin, %

41%42%42%42%42%40%40%40%39%

General and administrative expense

299.5 m286.3 m276.8 m333.4 m277.5 m259.7 m293.5 m276.6 m262.4 m

Operating expense total

299.5 m286.3 m276.8 m333.4 m277.5 m259.7 m293.5 m276.6 m262.4 m

EBIT

278.3 m314.1 m272.3 m250.8 m304.5 m258.6 m260.3 m278.3 m239.5 m

EBIT margin, %

20%22%21%18%22%20%19%20%18%

Interest expense

(43.4 m)(43.2 m)(41.8 m)(43.1 m)(42.2 m)(40.5 m)(41 m)(41.4 m)(31.3 m)

Interest income

2.9 m1.8 m2.9 m2.5 m3 m900 k700 k1.1 m1.1 m

Pre tax profit

232.1 m272.8 m232.6 m206.9 m265.4 m217.5 m222.5 m240 m213.1 m

Income tax expense

38.3 m38.7 m28.7 m17.6 m33.1 m31.8 m16.9 m23.1 m51.4 m

Net Income

193.8 m234.1 m203.9 m189.3 m232.3 m185.7 m205.6 m216.9 m161.7 m
USDY, 2009Y, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

1.7 b2.2 b1.4 b1.8 b2.1 b1.8 b1.3 b877.5 m

Accounts Receivable

8.4 m

PP&E

209.9 m206.4 m231.8 m220.5 m

Goodwill

3.2 b3.2 b3.2 b3.2 b

Total Assets

10.1 b9.9 b9.5 b9.4 b

Accounts Payable

13.2 m

Total Debt

4.2 b3.7 b3.2 b2.8 b

Total Liabilities

8.5 b

Additional Paid-in Capital

390.9 m445.4 m566.5 m640.9 m

Retained Earnings

877.3 m968.7 m977.3 m419.3 m

Total Equity

1.1 b1.3 b1.4 b902.2 m

Debt to Equity Ratio

3.8 x2.9 x2.3 x3.1 x

Debt to Assets Ratio

0.4 x0.4 x0.3 x0.3 x

Financial Leverage

9.2 x7.6 x6.7 x10.4 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

1.6 b1.7 b1.8 b1.6 b1.4 b1.2 b1.2 b1.3 b1.3 b

Goodwill

3.2 b3.2 b3.2 b3.2 b3.2 b3.2 b3.2 b3.2 b3.2 b

Total Assets

9.9 b9.8 b10.4 b10.1 b9.8 b9.4 b9.4 b9.5 b9.5 b

Accounts Payable

553.6 m596.1 m580.4 m587.8 m648 m579 m512.4 m557.4 m973.7 m

Additional Paid-in Capital

417.3 m429.2 m490.9 m541.6 m556.1 m585.3 m597.3 m628.7 m659.7 m

Retained Earnings

810.1 m856.2 m931.9 m884.2 m912.3 m827.9 m877.2 m930.9 m259.7 m

Total Equity

1.1 b1.2 b1.3 b1.3 b1.3 b1.2 b1.3 b1.4 b750.3 m

Financial Leverage

9.2 x8.3 x7.7 x7.7 x7.3 x7.6 x7.1 x6.9 x12.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

798.4 m852.4 m837.8 m253.2 m

Depreciation and Amortization

74.2 m

Cash From Operating Activities

1.1 b1 b1.1 b1 b

Purchases of PP&E

(80.2 m)(67.8 m)(94.4 m)(68.8 m)

Cash From Investing Activities

(341.3 m)(89.4 m)(286.4 m)(271.1 m)

Long-term Borrowings

(300 m)(500 m)(500 m)(1 b)

Dividends Paid

(277.2 m)(265.2 m)(316.5 m)(312.2 m)

Cash From Financing Activities

(450.7 m)(1.2 b)(1.3 b)(1.2 b)

Interest Paid

193.7 m170.8 m161.8 m159 m

Income Taxes Paid

158 m179.4 m92.8 m68.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

193.8 m234.1 m203.9 m189.3 m232.3 m185.7 m205.6 m216.9 m161.7 m
USDY, 2017

Revenue/Employee

130.2 k

Financial Leverage

12.6 x

Western Union Market Value History

Western Union Job Categories

Western Union Median Salaries

Source: 161 public H-1B filings from Western Union

Western Union Online and Social Media Presence

Western Union News and Updates

Western Union Company Life and Culture

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