Western Union (WU) Financials

Western Union Co-The (WU) is a global leader in cross-border, cross-currency money movements. The company provides money transfer and payment services to individuals and businesses around the world. In its financial statements, Western Union reports various key financial metrics that provide insights into its financial performance. The income statement shows the company's revenue, expenses, and net income. For the latest reporting period, Western Union reported total revenue of $5.35 billion. Gross profit, which represents revenue minus the cost of goods sold, was $3.49 billion. Net income from stockholders, which is the profit attributable to the company's shareholders, was $945 million.

The balance sheet presents Western Union's financial position at a specific point in time. It shows the company's assets, liabilities, and stockholders' equity. As of the latest reporting period, Western Union had total assets of $12.61 billion. Total liabilities, which include both short-term and long-term obligations, were $10.03 billion. Stockholders' equity, which represents the company's net worth, was $2.58 billion. Cash equivalents, which are highly liquid assets that can be readily converted into cash, were $1.45 billion. Net debt, which is the company's total debt minus its cash and cash equivalents, was $3.27 billion.

The cash flow statement provides information about Western Union's cash inflows and outflows during a specified period. It consists of three sections: operating activities, investing activities, and financing activities. In terms of operating cash flow, Western Union generated $1.11 billion. Investing cash flow, which represents cash used for the acquisition or disposal of assets, was -$366 million. Financing cash flow, which includes cash from issuing or repurchasing stock and taking on or repaying debt, was -$716 million. Finally, free cash flow, which indicates the amount of cash available for discretionary purposes, was $694 million.