The Western Union Company (0LVJ.L) Q4 2024 Earnings Report

The Western Union Company delivered a solid QQ4 2024 showing notable profitability and strong liquidity against a backdrop of modest revenue growth. Revenue of $1.0582 billion rose 2.14% quarter-over-quarter and 0.56% year-over-year, supported by a robust gross margin of approximately 37.5% and an operating margin near 16.8%. Net income reached $385.7 million with an EPS of $1.13, underpinned by a tax benefit that materially boosted the bottom line in the quarter. EBITDA stood at $221.5 million, yielding an EBITDA margin around 21.0%. Free cash flow was $95.2 million, with operating cash flow at $134.0 million and capital expenditures of $38.8 million, reflecting disciplined cash management.

The balance sheet remains liquidity-rich, with cash and cash equivalents of about $2.1069 billion and total debt of $3.132 billion, resulting in a net debt position of roughly $1.026 billion. Total assets are $8.3705 billion, and total stockholders’ equity sits at $968.9 million, implying a conservative leverage profile by historical standards for the company’s asset base. The company also benefits from a solid dividend yield of 2.22% with a payout ratio of approximately 20.6%, supporting an attractive income component for investors.

Management commentary is not included in the provided dataset, limiting the ability to extract call-derived themes or forward-looking targets. Regardless, the QQ4 2024 results underscore Western Union’s continued profitability and cash-generating capability, with potential upside from expanding Business Solutions, ongoing cost discipline, and digital channel monetization. Investors should monitor guidance around growth initiatives in consumer-to-consumer remittances and SME payment solutions, as well as how the company navigates regulatory dynamics and FX environments in a highly fragmented global payments landscape.