Stock

The Western Union Company

WU
45
Financial - Credit Services · Financial Services
Also trades as: 0LVJ.L GBP 0.06 (-1.12%)
Price
$6.12
-0.21 (-3.32%)
Market Cap
$1.91B
Winston Score
45
Winston is serious
Mixed quality — meaningful strengths and weaknesses.
Data as of Oct 10, 2026 · filings through Jun 30, 2026

§How the score breaks down

Quality
Good
20/30
Growth
Weak
2/20
Cash Flow
Strong
8/10
Stability
Mixed
3/10
Valuation
Strong
7/10
Ownership
Weak
2/15
Dividends
Good
3/5

45 of 100 counted points = Winston Score 45.

Share count falling — buybacks

−19.9% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 408.9M (2021) → 327.6M (2025)

§Winston Score History

The full picture

Western Union helps people send money to friends and family in other countries. It runs one of the world's largest money transfer networks, with hundreds of thousands of agent locations — like convenience stores and banks — plus a growing website and app. Its main customers are everyday people, often immigrants, who need to send cash back home.

Western Union earns money by charging a fee on each transfer, plus it makes additional revenue from the difference in exchange rates when converting currencies. It operates in more than 200 countries and territories, making it one of the most geographically widespread money transfer companies in the world. Its large agent network is a competitive advantage, but the company faces serious pressure from cheaper digital rivals like Wise and Remitly, and growing its own digital business fast enough to offset declining in-person transaction volumes is the central challenge ahead.

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Score breakdown

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Quality

Profit per sale
Gross Margin
33.2%
Modest — 33.2% gross margin
Profit after running costs
Operating Margin
13.0%
Healthy — 13.0% operating margin
Return on the money invested
ROCE
71.5%
Exceptional — 71.5% return on capital

ROIC above 25%. Every dollar invested in the business earns more than 25 cents back per year.

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Growth

Sales growth
Sales YoY
-1.7%
Shrinking sales (-1.7% YoY)
Profit growth
EPS YoY
-53.2%
Earnings shrinking (-53.2% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

How steady the profit is
EPS Consistency
2/8 quarters
Earnings rarely grow — volatile business

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Cash Flow

Profit that turns into cash
Cash Conversion
154%
Turns 154% of profit into real cash
Spare cash per sale
FCF Margin
10.0%
Modest free cash flow (10.0%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

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Stability

What it owes vs what it owns
Debt / Equity
2.88
Heavy debt load (2.88)
Covers its interest
Interest Cover
3.24x
Tight — interest eats into profit (3.2x)

Interest coverage between 3 and 8. Profits cover interest several times over.

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Valuation

Price vs profit
P/E Ratio (TTM)
4.9x
Attractive valuation — P/E 4.9

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year
P/E vs Forward
+0.7
GROWING
Earnings roughly flat

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Dividends

Dividend
Dividend Yield
13.56%
Healthy income — 13.56% yield

Yield above 6% — often a flag the market is pricing in a cut.

Dividend record
Dividend Growth
+0.0%
Dividend flat

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