Western Union annual operating margin
2007
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2024
2025
Western Union Operating Margin Growth & History (WU)
Western Union's operating margin was 19.52% for fiscal 2025.
View full Western Union company overviewWestern Union annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 19.52% | +1.50 pp |
| 2024 | 2024-12-31 | 18.02% | −1.64 pp |
| 2023 | 2023-12-31 | 19.66% | −1.14 pp |
| 2022 | 2022-12-31 | 20.80% | −2.28 pp |
| 2021 | 2021-12-31 | 23.08% | +2.17 pp |
| 2020 | 2020-12-31 | 20.91% | +2.36 pp |
| 2019 | 2019-12-31 | 18.56% | −2.29 pp |
| 2018 | 2018-12-31 | 20.85% | +12.23 pp |
| 2017 | 2017-12-31 | 8.61% | −0.37 pp |
| 2016 | 2016-12-31 | 8.98% | −11.25 pp |
| 2015 | 2015-12-31 | 20.23% | −0.11 pp |
| 2014 | 2014-12-31 | 20.34% | +0.36 pp |
| 2013 | 2013-12-31 | 19.98% | −3.50 pp |
| 2012 | 2012-12-31 | 23.48% | −1.74 pp |
| 2011 | 2011-12-31 | 25.22% | +0.18 pp |
| 2010 | 2010-12-31 | 25.04% | −0.20 pp |
| 2009 | 2009-12-31 | 25.23% | −0.42 pp |
| 2008 | 2008-12-31 | 25.65% | −1.33 pp |
| 2007 | 2007-12-31 | 26.98% | — |
Western Union quarterly operating margin
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Q2.08
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Q1.09
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Q4.09
Q1.10
Q2.10
Q3.10
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Q4.17
Q1.18
Q2.18
Q3.18
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Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
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Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
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Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 13.59% | −6.00 pp |
| Q1 2026 | 2026-03-31 | 12.97% | −5.93 pp |
| Q4 2025 | 2025-12-31 | 19.06% | +1.56 pp |
| Q3 2025 | 2025-09-30 | 20.49% | +3.89 pp |
| Q2 2025 | 2025-06-30 | 19.59% | +0.91 pp |
| Q1 2025 | 2025-03-31 | 18.90% | −0.39 pp |
| Q4 2024 | 2024-12-31 | 17.51% | +1.83 pp |
| Q3 2024 | 2024-09-30 | 16.60% | −3.43 pp |
| Q2 2024 | 2024-06-30 | 18.68% | −3.17 pp |
| Q1 2024 | 2024-03-31 | 19.29% | −1.62 pp |
| Q4 2023 | 2023-12-31 | 15.68% | +1.07 pp |
| Q3 2023 | 2023-09-30 | 20.03% | −2.37 pp |
| Q2 2023 | 2023-06-30 | 21.85% | −2.58 pp |
| Q1 2023 | 2023-03-31 | 20.91% | −0.67 pp |
| Q4 2022 | 2022-12-31 | 14.61% | −11.15 pp |
| Q3 2022 | 2022-09-30 | 22.40% | −3.50 pp |
| Q2 2022 | 2022-06-30 | 24.43% | +3.86 pp |
| Q1 2022 | 2022-03-31 | 21.58% | +1.62 pp |
| Q4 2021 | 2021-12-31 | 25.76% | +7.34 pp |
| Q3 2021 | 2021-09-30 | 25.90% | +2.41 pp |
| Q2 2021 | 2021-06-30 | 20.57% | −0.44 pp |
| Q1 2021 | 2021-03-31 | 19.96% | −0.81 pp |
| Q4 2020 | 2020-12-31 | 18.42% | +0.23 pp |
| Q3 2020 | 2020-09-30 | 23.49% | +7.54 pp |
| Q2 2020 | 2020-06-30 | 21.01% | +0.71 pp |
| Q1 2020 | 2020-03-31 | 20.77% | +1.08 pp |
| Q4 2019 | 2019-12-31 | 18.20% | −1.98 pp |
| Q3 2019 | 2019-09-30 | 15.95% | −6.77 pp |
| Q2 2019 | 2019-06-30 | 20.31% | −0.53 pp |
| Q1 2019 | 2019-03-31 | 19.70% | +0.02 pp |
| Q4 2018 | 2018-12-31 | 20.18% | +37.69 pp |
| Q3 2018 | 2018-09-30 | 22.71% | +3.34 pp |
| Q2 2018 | 2018-06-30 | 20.83% | +5.21 pp |
| Q1 2018 | 2018-03-31 | 19.68% | +1.25 pp |
| Q4 2017 | 2017-12-31 | −17.51% | +5.10 pp |
| Q3 2017 | 2017-09-30 | 19.38% | −0.82 pp |
| Q2 2017 | 2017-06-30 | 15.62% | −3.30 pp |
| Q1 2017 | 2017-03-31 | 18.44% | −1.49 pp |
| Q4 2016 | 2016-12-31 | −22.61% | −43.03 pp |
| Q3 2016 | 2016-09-30 | 20.20% | −1.56 pp |
| Q2 2016 | 2016-06-30 | 18.92% | +0.79 pp |
| Q1 2016 | 2016-03-31 | 19.93% | −0.69 pp |
| Q4 2015 | 2015-12-31 | 20.42% | +0.84 pp |
| Q3 2015 | 2015-09-30 | 21.76% | −0.04 pp |
| Q2 2015 | 2015-06-30 | 18.13% | −1.67 pp |
| Q1 2015 | 2015-03-31 | 20.61% | +0.48 pp |
| Q4 2014 | 2014-12-31 | 19.58% | +2.82 pp |
| Q3 2014 | 2014-09-30 | 21.80% | +0.84 pp |
| Q2 2014 | 2014-06-30 | 19.80% | −0.17 pp |
| Q1 2014 | 2014-03-31 | 20.14% | −2.26 pp |
| Q4 2013 | 2013-12-31 | 16.77% | −3.31 pp |
| Q3 2013 | 2013-09-30 | 20.96% | −4.76 pp |
| Q2 2013 | 2013-06-30 | 19.97% | −4.30 pp |
| Q1 2013 | 2013-03-31 | 22.40% | −1.46 pp |
| Q4 2012 | 2012-12-31 | 20.07% | −4.97 pp |
| Q3 2012 | 2012-09-30 | 25.72% | −0.01 pp |
| Q2 2012 | 2012-06-30 | 24.27% | −1.40 pp |
| Q1 2012 | 2012-03-31 | 23.86% | −0.53 pp |
| Q4 2011 | 2011-12-31 | 25.04% | +1.30 pp |
| Q3 2011 | 2011-09-30 | 25.73% | −0.68 pp |
| Q2 2011 | 2011-06-30 | 25.67% | +1.25 pp |
| Q1 2011 | 2011-03-31 | 24.39% | −1.23 pp |
| Q4 2010 | 2010-12-31 | 23.74% | −0.51 pp |
| Q3 2010 | 2010-09-30 | 26.41% | +4.99 pp |
| Q2 2010 | 2010-06-30 | 24.42% | −2.82 pp |
| Q1 2010 | 2010-03-31 | 25.62% | −2.76 pp |
| Q4 2009 | 2009-12-31 | 24.25% | −1.64 pp |
| Q3 2009 | 2009-09-30 | 21.42% | −5.82 pp |
| Q2 2009 | 2009-06-30 | 27.24% | +2.28 pp |
| Q1 2009 | 2009-03-31 | 28.38% | +3.95 pp |
| Q4 2008 | 2008-12-31 | 25.88% | — |
| Q3 2008 | 2008-09-30 | 27.24% | — |
| Q2 2008 | 2008-06-30 | 24.96% | — |
| Q1 2008 | 2008-03-31 | 24.43% | — |
Western Union operating margin trends
Over the last five reported fiscal years, Western Union's operating margin decreased from 20.91% to 19.52%, a change of −1.39 percentage points. The latest reported quarter, Q2 2026, shows 13.59%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Western Union filings at SEC.gov ↗