Western Union (WU) FY2024 results: revenue $4.2 billion, down 3.4% on the year
Western Union Co. (WU) reported revenue of $4.2 billion for fiscal 2024, the year ended 31 December 2024, down 3.4% on the year before. Net income was $934 million, up 49.2%, and diluted earnings per share $2.74. The figures are the company's own, from the 10-K it filed with the SEC on 20 February 2025.
Revenue
$4.2 billion
-3.4% on the year
FY2017FY2024
Operating margin
17.2%
18.8% a year earlier
FY2017FY2024
Net income
$934 million
+49.2% on the year
FY2017FY2024
Diluted EPS
$2.74
+63.1% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
406
783
582
-48.1%
Capital expenditure
37.4
22.9
31.9
+63.3%
Free cash flow
369
760
550
-51.5%
Free cash flow margin
8.8%
17.4%
12.3%
Cash from investing
-16.3
-141
526
Cash from financing
-69.3
-897
-1,177
Depreciation and amortisation
179
184
184
-2.5%
Share-based compensation
38.9
35.9
45.5
+8.4%
Buybacks
186
308
370
-39.6%
Dividends paid
322
349
364
-7.9%
Dividend per share
$0.94
$0.94
$0.94
0.0%
Diluted shares, weighted
341m
372m
388m
-8.3%
Shares outstanding at period end
338m
350m
374m
-3.6%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
969
479
478
+102.3%
Debt
2,950
2,505
2,617
+17.8%
Other liabilities
4,452
5,215
5,402
-14.6%
Total liabilities and equity
8,370
8,199
8,496
+2.1%
Fixed assets
84.2
91.4
110
-7.9%
Goodwill
2,060
2,035
2,035
+1.2%
Intangible assets
315
380
458
-17.0%
Securities held for sale or to maturity
1,332
1,458
1,334
-8.6%
Cash and equivalents
1,474
1,269
1,286
+16.2%
Other assets
3,105
2,966
3,275
+4.7%
Total assets
8,370
8,199
8,496
+2.1%
10-K for the year ended 31 December 2024, filed 20 February 2025: the filing.