Western Union (WU) Operating Margin (2009 - 2026)
Western Union (WU) posted quarterly Operating Margin of 12.97% for Q1 2026, down 507.0% year-over-year from 3.19% in Q1 2025, and down 41.42% on a QoQ basis from 22.13% in Q4 2025.
Western Union (WU) Operating Margin (2009 - 2026) Analysis & Trends
Western Union (WU) has reported Operating Margin for 18 consecutive years, with 12.97% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin fell 507.0% year-over-year to 12.97%; the TTM figure through Mar 2026 stood at 18.72% (up 138.0% YoY), while the FY2025 annual figure was 19.52%, up 228.0% from the prior year.
- Operating Margin came in at 12.97% for Q1 2026 at Western Union, down from 22.13% in the prior quarter.
- The five-year high for Operating Margin was 23.19% in Q2 2022, with the low at 12.97% in Q1 2026.
- Average Operating Margin over 5 years is 19.1%, with a median of 19.59% recorded in 2025.
- Across the five-year window, Operating Margin tumbled 834 bps in 2022 and jumped 530 bps in 2025, its largest moves.
- Year by year, Operating Margin stood at 17.42% in 2022, then declined by 10 bps to 15.68% in 2023, then increased by 7 bps to 16.83% in 2024, then surged by 31 bps to 22.13% in 2025, then sank by 41 bps to 12.97% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 12.97%, 22.13%, and 20.49% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 64.42% |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 58.43% |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 18.77% |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 17.81% |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 26.44% |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 3.39% |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 35.49% |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 24.11% |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | 15.96% |
| 10 | Western Union | 24.33 Mn | -884.87 Mn | 293.80 Mn | 12.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.97% |
| Dec 31, 2025 | 22.13% |
| Sep 30, 2025 | 20.49% |
| Jun 30, 2025 | 19.59% |
| Mar 31, 2025 | 18.04% |
| Dec 31, 2024 | 16.83% |
| Sep 30, 2024 | 16.60% |
| Jun 30, 2024 | 17.88% |
| Mar 31, 2024 | 18.31% |
| Dec 31, 2023 | 15.68% |
| Sep 30, 2023 | 20.03% |
| Jun 30, 2023 | 21.85% |
| Mar 31, 2023 | 20.91% |
| Dec 31, 2022 | 17.42% |
| Sep 30, 2022 | 21.27% |
| Jun 30, 2022 | 23.19% |
| Mar 31, 2022 | 21.58% |
| Dec 31, 2021 | 25.76% |
| Sep 30, 2021 | 24.77% |
| Jun 30, 2021 | 19.76% |