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The Western Union Co (The Western Union Co) Pretax Margin % : 16.20% (As of Mar. 2024)


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What is The Western Union Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. The Western Union Co's Pre-Tax Income for the three months ended in Mar. 2024 was $170 Mil. The Western Union Co's Revenue for the three months ended in Mar. 2024 was $1,049 Mil. Therefore, The Western Union Co's pretax margin for the quarter that ended in Mar. 2024 was 16.20%.

The historical rank and industry rank for The Western Union Co's Pretax Margin % or its related term are showing as below:

WU' s Pretax Margin % Range Over the Past 10 Years
Min: 6.29   Med: 17.48   Max: 24.97
Current: 16.82


WU's Pretax Margin % is ranked worse than
55.62% of 525 companies
in the Credit Services industry
Industry Median: 20.63 vs WU: 16.82

The Western Union Co Pretax Margin % Historical Data

The historical data trend for The Western Union Co's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Western Union Co Pretax Margin % Chart

The Western Union Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.97 17.69 18.45 22.54 17.12

The Western Union Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.46 18.50 18.61 13.69 16.20

Competitive Comparison of The Western Union Co's Pretax Margin %

For the Credit Services subindustry, The Western Union Co's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Western Union Co's Pretax Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, The Western Union Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where The Western Union Co's Pretax Margin % falls into.



The Western Union Co Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

The Western Union Co's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=745.8/4357
=17.12 %

The Western Union Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=170/1049.1
=16.20 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Western Union Co  (NYSE:WU) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


The Western Union Co Pretax Margin % Related Terms

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The Western Union Co (The Western Union Co) Business Description

Traded in Other Exchanges
Address
7001 East Belleview Avenue, Denver, CO, USA, 80237
Western Union provides domestic and international money transfers through its global network of about 600,000 outside agents. The company handled over 270 million transactions in 2022 and is the largest money transfer company in the world.
Executives
Estebarena Rodrigo Garcia officer: President of North America 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Suzette Deering director 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Jeffrey A Joerres director 5301 NORTH IRONWOOD ROAD, MILWAUKEE WI 53217
Giovanni Angelini officer: Head of Europe and Africa 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Matthew Cagwin officer: Interim Chief Financ. Officer C/O FIRST DATA CORPORATION, FIRST DATA, 225 LIBERTY STREET, NEW YORK NY 10281
Cherie Axelrod officer: Chief Enterprise Risk Officer 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Benjamin Carlton Adams officer: Chief Legal Officer & Corp Sec 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
David Cebollero officer: Interim Chief Legal Officer 7001 E. BELLEVIEW AVENUE, DENVER CO 80237
Andrew D Walker officer: Chief Operations Officer 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Jean Claude Farah officer: EVP, President-Global Payments 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Devin Mcgranahan director, officer: CEO & President 255 FISERV DRIVE, BROOKFIELD WI 53045
Gabriella Fitzgerald officer: President Americas Region 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Andrew Summerill officer: President, Payments (Interim) 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Caroline Tsai officer: EVP, Secretary & Gen. Counsel 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Jacqueline D Molnar officer: Glbl Hd-Transformation & Compl 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237