Western Union is the money-transfer giant that lets people send cash across borders, often through corner shops and agents rather than bank branches. Think of it as the global postal service for remittances.
Money comes from Consumer-to-Consumer transfers, which dominate revenue, plus Business Solutions for cross-currency payments. Gross margin sits around 33% (TTM), with net margin near 10% — recurring transaction fees, not one-off deals.
Its 500,000+ agent locations in hard-to-reach places create a physical network that newcomers like Wise or PayPal can't easily replicate. But digital rivals are eroding the moat by undercutting fees and offering faster app-based transfers.
Five-factor rating
Hold (sector percentile 31) — value A+, growth D, profitability B-, momentum D-, revisions C+. Updated daily, sector-relative, identical for every user.
