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The Western Union Co (LTS:0LVJ) Tax Rate % : 16.06% (As of Mar. 2024)


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What is The Western Union Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. The Western Union Co's Tax Expense for the three months ended in Mar. 2024 was $27 Mil. The Western Union Co's Pre-Tax Income for the three months ended in Mar. 2024 was $170 Mil. Therefore, The Western Union Co's Tax Rate % for the quarter that ended in Mar. 2024 was 16.06%.

The Western Union Co Tax Rate % Historical Data

The historical data trend for The Western Union Co's Tax Rate % 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.

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The Western Union Co Tax Rate % Chart

The Western Union Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.91 12.96 13.86 9.72 16.06

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
Tax Rate % 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 16.13 18.58 16.30 11.87 16.06

The Western Union Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

The Western Union Co's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=119.8/745.8
=16.06 %

The Western Union Co's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=27.3/170
=16.06 %

* 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 Tax Rate % Related Terms

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The Western Union Co (LTS:0LVJ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » The Western Union Co (LTS:0LVJ) » Definitions » Tax Rate %
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Traded in Other Exchanges
WU:USA W3U:Germany WUNI34:Brazil
Address
7001 East Belleview Avenue, Denver, CO, USA, 80237
Website
https://www.westernunion.com
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.

The Western Union Co (LTS:0LVJ) Headlines

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