Shift4 vs Western Union
Shift4 reported revenue of $4.2 billion in fiscal 2025, about the same as Western Union's $4.1 billion in fiscal 2025. Shift4's revenue grew 25.5% in its latest year, and Western Union's fell 3.8%. Shift4 had an operating margin of 8.4%, against 18.7% at Western Union. Free cash flow was $624 million at Shift4 and $505 million at Western Union.
Side by side
| Shift4 | Western Union | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $4.2B | $4.1B |
| Revenue growth | 25.5% | −3.8% |
| Revenue growth a year, last 5 years | 40.4% | −3.5% |
| Gross margin | — | 37.0% |
| Operating margin | 8.4% | 18.7% |
| Net margin | 2.9% | 12.3% |
| Free cash flow | $624M | $505M |
| Free cash flow margin | 14.9% | 12.5% |
| Return on capital | 6.5% | 24.0% |
| Net debt to EBITDA | 4.6x | 1.8x |
| Dividends and buybacks | $453M | $544M |
| Change in diluted share count | −20.1% | −4.0% |
| Last close | $36.99 | $6.21 |
| P/E at the last close | — | 5.1× |
| Insider trades, last 12 months | bought $33.6 million, sold $1.3 million | bought $89,500, sold $240,863 |
| Piotroski F-score | 6 of 8 | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Shift4Western Union
Operating margin
Percent of revenue
Shift4Western Union
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Shift4Western Union
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Shift4 and Western Union pages.