Western Union (WU) Tax Rate (2009 - 2026)
Western Union (WU) recorded Tax Rate of 18.83% in Q3 2026, up 2.13 percentage points from 16.71% a year earlier but down 0.77 percentage points from the prior quarter.
Western Union (WU) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Western Union's Tax Rate came in at 22.86% as of Sep 30, 2026; for FY2025, it came in at 20.15%.
- Annual Tax Rate has a five-year change of +7.20 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 16.06% in FY2023 (+6.35 pp), 9.72% in FY2022 (-4.14 pp) and 13.86% in FY2021 (+0.90 pp).
- Quarterly Tax Rate has ranged from 6.69% in Q4 2021 to 28.19% in Q1 2026 over the past five years.
- On a year-over-year basis, Tax Rate rose in four of the last five quarters, with an average year-over-year change of +3.84 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 12.03 percentage points in Q1 2026, against a drop of 9.95 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 19.60% (Q2 2026), 28.19% (Q1 2026) and 24.29% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 761.85 Bn | 709.39 Bn | - | 18.45% |
| 2 | Mastercard | 576.33 Bn | 536.42 Bn | - | 19.39% |
| 3 | Wise | 11.36 Bn | 11.36 Bn | - | - |
| 4 | Remitly Global | 4.75 Bn | 2.21 Bn | 319.61 Mn | 3.16% |
| 5 | Western Union | 2.15 Bn | -2.01 Bn | 343.00 Mn | 18.83% |
| 6 | International Money Express | 221.76 Mn | -398.39 Mn | - | 34.61% |
| 7 | Currenc | 116.19 Mn | -135.10 Mn | 3.70 Mn | - |
| 8 | Sentage Holdings | 4.40 Mn | 324,699.40 | - | - |
| 9 | American Express | 216.03 Bn | 15.51 Bn | - | 18.08% |
| 10 | Capital One Financial | 123.02 Bn | 123.02 Bn | - | 22.59% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.83% |
| Jun 30, 2026 | 19.60% |
| Mar 31, 2026 | 28.19% |
| Dec 31, 2025 | 24.29% |
| Sep 30, 2025 | 16.71% |
| Jun 30, 2025 | 23.54% |
| Mar 31, 2025 | 16.16% |
| Jun 30, 2024 | 14.65% |
| Mar 31, 2024 | 16.06% |
| Dec 31, 2023 | 11.87% |
| Sep 30, 2023 | 16.30% |
| Jun 30, 2023 | 18.58% |
| Mar 31, 2023 | 16.13% |
| Sep 30, 2022 | 10.22% |
| Jun 30, 2022 | 17.87% |
| Mar 31, 2022 | 19.02% |
| Dec 31, 2021 | 6.69% |
| Sep 30, 2021 | 20.17% |
| Jun 30, 2021 | 14.46% |
| Mar 31, 2021 | 10.40% |
Western Union Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=WU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "WU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=WU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();