Thomson Reuters Corporation(TRI)Earnings, Financials & Key Ratios
TRI•NASDAQ
23.1× P/E·Price updated Jun 19, 2026
AboutThomson Reuters Corporation provides business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments. The Corporates segment provides a suite of content-enabled technology solutions for legal, tax, regulatory, compliance, and IT professionals. The Tax & Accounting Professionals segment offers research and workflow products focusing on tax offerings and automating tax workflows to tax, accounting, and audit professionals in accounting firms. The Reuters News segment provides business, financial, and international news to media organizations, professional, and news consumers through news agency and industry events. The Global Print segment offers legal and tax information primarily in print format to legal and tax professionals, governments, law schools, and corporations. The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008. The company was founded in 1851 and is headquartered in Toronto, Canada. Thomson Reuters Corporation is a subsidiary of The Woodbridge Company Limited.Show more
- Revenue$7.48B+3.0%
- EBITDA$2.92B-0.4%
- Net Income$1.5B-32.0%
- EPS (Diluted)3.40-30.5%
- Gross Margin75.8%+0.6%
- EBITDA Margin39.04%-3.3%
- Operating Margin26.61%-8.4%
- Net Margin20.09%-34.0%
- ROE12.56%-34.5%
TRI Key Insights
Thomson Reuters Corporation (TRI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Dividend Aristocrat: 32 years of consecutive increases
- ✓Strong Piotroski F-Score: 7/9
- ✓FCF machine: 27.5% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Good 3Y average ROE of 18.4%
- ✓Healthy dividend yield of 3.0%
✗Weaknesses
- ✗Weak momentum: RS Rating 17 (bottom 17%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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TRI Price & Volume
Thomson Reuters Corporation (TRI) stock price & volume — 10-year historical chart
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TRI Growth Metrics
Thomson Reuters Corporation (TRI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-4.01%
5 Years4.55%
3 Years4.1%
TTM5.36%
Profit CAGR
10 Years1.81%
5 Years6.01%
3 Years3.93%
TTM-29.4%
EPS CAGR
10 Years8.1%
5 Years7.3%
3 Years8.8%
TTM-28%
Return on Capital
10 Years9.55%
5 Years11.8%
3 Years13.93%
Last Year13.49%
TRI Recent Earnings
Thomson Reuters Corporation (TRI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
May 5, 2026Metric
Actual
Est
EPS
$1.23+4.2%
$1.18
Rev
$2.0B+2.0%
$2.0B
Q1 2026
Feb 5, 2026Metric
Actual
Est
EPS
$1.07-1.8%
$1.09
Rev
$2.0B-0.5%
$2.0B
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$0.85+4.9%
$0.81
Rev
$1.8B+1.3%
$1.8B
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
$0.87+4.8%
$0.83
Rev
$1.8B-0.3%
$1.8B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $1.23vs $1.18+4.2% | $2.0Bvs $2.0B+2.0% |
| Q1 2026 | Feb 5, 2026 | $1.07vs $1.09-1.8% | $2.0Bvs $2.0B-0.5% |
| Q4 2025 | Nov 4, 2025 | $0.85vs $0.81+4.9% | $1.8Bvs $1.8B+1.3% |
| Q3 2025 | Aug 6, 2025 | $0.87vs $0.83+4.8% | $1.8Bvs $1.8B-0.3% |
Based on last 12 quarters of dataView full earnings history →
TRI Peer Comparison
Thomson Reuters Corporation (TRI) competitors in Professional Advisory and Compliance Services — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 SPGI | 121.63B | 410.92 | 28.03 | 7.94% | 30.37% | 12.92% | 0.39 | |
 MCO | 79.9B | 450.67 | 32.97 | 8.89% | 31.69% | 64.11% | 1.75 | |
 ICE | 75.83B | 133.88 | 23.20 | 7.46% | 26.14% | 11.57% | 0.70 | |
 MSCI | 42.31B | 581.19 | 37.35 | 9.74% | 40.74% | |||
 FDS | 8.2B | 221.29 | 14.23 | 5.39% | 24.48% | 27.22% | 0.71 | |
 RELX | 56.39B | 31.18 | 22.78 | 2.98% | 20.26% | 173.97% | 1.87 | |
 IHS | 2.73B | 8.14 | 19.38 | -7.55% | 11.96% | |||
 VRSK | 22.77B | 173.80 | 26.78 | 6.63% | 29.34% | 437.95% | 16.26 |
Compare TRI vs Peers
Thomson Reuters Corporation (TRI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TRI Income Statement
Thomson Reuters Corporation (TRI) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 5.3B | 5.5B | 5.91B | 5.98B | 6.35B | 6.63B | 6.79B | 7.26B | 7.48B | 7.66B |
Revenue Growth % | -52.56% | 3.85% | 7.36% | 1.32% | 6.08% | 4.4% | 2.52% | 6.83% | 3% | 5.36% |
Cost of Goods Sold | 864M | 1.04B | 1.41B | 1.16B | 1.58B | 1.58B | 1.56B | 1.79B | 1.81B | 1.85B |
COGS % of Revenue | 16.31% | 18.87% | 23.89% | 19.35% | 24.92% | 23.92% | 22.96% | 24.68% | 24.2% | - |
Gross Profit | 4.43B▲ 0% | 4.46B▲ 0.7% | 4.5B▲ 0.7% | 4.83B▲ 7.4% | 4.77B▼ 1.2% | 5.04B▲ 5.8% | 5.23B▲ 3.8% | 5.47B▲ 4.5% | 5.67B▲ 3.7% | 5.81B▲ 0% |
Gross Margin % | 83.69% | 81.13% | 76.11% | 80.65% | 75.08% | 76.08% | 77.04% | 75.32% | 75.8% | 75.81% |
Gross Profit Growth % | -51.54% | 0.68% | 0.72% | 7.36% | -1.24% | 5.79% | 3.81% | 4.45% | 3.66% | - |
Operating Expenses | 3.4B | 3.68B | 3.3B | 2.9B | 3.52B | 3.21B | 2.9B | 3.36B | 3.68B | 3.77B |
OpEx % of Revenue | 64.17% | 66.95% | 55.81% | 48.41% | 55.51% | 48.41% | 42.71% | 46.27% | 49.2% | - |
Selling, General & Admin | 2.84B | 2.74B | 2.67B | 2.52B | 2.75B | 2.67B | 2.53B | 2.66B | 2.72B | 2.78B |
SG&A % of Revenue | 53.65% | 49.79% | 45.12% | 42.15% | 43.29% | 40.34% | 37.28% | 36.62% | 36.34% | - |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
Other Operating Expenses | 557M | 944M | 631M | 375M | 776M | 535M | 369M | 700M | 961M | 4M |
Operating Income | 1.03B▲ 0% | 780M▼ 24.6% | 1.2B▲ 53.7% | 1.93B▲ 60.9% | 1.24B▼ 35.6% | 1.83B▲ 47.7% | 2.33B▲ 27.2% | 2.11B▼ 9.6% | 1.99B▼ 5.7% | 2.04B▲ 0% |
Operating Margin % | 19.52% | 14.18% | 20.3% | 32.24% | 19.57% | 27.67% | 34.32% | 29.06% | 26.61% | 26.66% |
Operating Income Growth % | -25.61% | -24.56% | 53.72% | 60.88% | -35.61% | 47.67% | 27.15% | -9.56% | -5.69% | - |
EBITDA | 1.64B | 1.4B | 1.92B | 2.72B | 2.01B | 2.56B | 3.06B | 2.93B | 2.92B | 2.99B |
EBITDA Margin % | 30.94% | 25.43% | 32.44% | 45.47% | 31.7% | 38.6% | 45% | 40.38% | 39.04% | 39.04% |
EBITDA Growth % | -44.29% | -14.64% | 36.95% | 42.01% | -26.06% | 27.14% | 19.51% | -4.12% | -0.41% | 1.18% |
D&A (Non-Cash Add-back) | 605M | 619M | 717M | 792M | 770M | 724M | 725M | 822M | 930M | 949M |
EBIT | 871M | 831M | 1.18B | 1.97B | 1.25B | 2.29B | 2.23B | 2.23B | 2.12B | 2.17B |
Net Interest Income | -336.69M | -216.37M | -141.21M | -184.24M | -184.36M | -178.63M | -130.35M | -96.15M | -143M | -139.13M |
Interest Income | 7.25M | 36.06M | 45.02M | 5.26M | 1.98M | 6.72M | 85.54M | 72.35M | 40M | 23.11M |
Interest Expense | 343.94M | 252.43M | 186.23M | 189.51M | 186.35M | 185.35M | 215.89M | 168.5M | 183M | 162.25M |
Other Income/Expense | -531M | -480M | -827M | -709M | 6.05B | -184M | 731M | -40M | -83M | -52M |
Pretax Income | 503M▲ 0% | 300M▼ 40.4% | 372M▲ 24.0% | 1.22B▲ 228.0% | 7.29B▲ 497.9% | 1.65B▼ 77.4% | 3.06B▲ 85.6% | 2.07B▼ 32.5% | 1.91B▼ 7.9% | 1.99B▲ 0% |
Pretax Margin % | 9.5% | 5.45% | 6.3% | 20.39% | 114.9% | 24.9% | 45.08% | 28.51% | 25.49% | 25.98% |
Income Tax | -134M | 136M | -1.2B | 71M | 1.61B | 259M | 417M | -123M | 423M | 456M |
Effective Tax Rate % | -26.64% | 45.33% | -322.04% | 5.82% | 22.03% | 15.7% | 13.61% | -5.94% | 22.19% | 22.9% |
Net Income | 1.4B▲ 0% | 3.93B▲ 181.9% | 1.56B▼ 60.2% | 1.12B▼ 28.3% | 5.69B▲ 407.0% | 1.34B▼ 76.5% | 2.69B▲ 101.4% | 2.21B▼ 18.0% | 1.5B▼ 32.0% | 1.53B▲ 0% |
Net Margin % | 26.34% | 71.5% | 26.48% | 18.75% | 89.62% | 20.19% | 39.67% | 30.45% | 20.09% | 19.93% |
Net Income Growth % | -54.97% | 181.94% | -60.23% | -28.26% | 407.04% | -76.48% | 101.42% | -18% | -32.04% | -29.4% |
Net Income (Continuing) | 637M | 164M | 1.57B | 1.15B | 5.69B | 1.39B | 2.65B | 2.19B | 1.48B | 1.53B |
Discontinued Operations | 822M | 3.86B | -6M | -27M | 2M | -53M | 49M | 15M | 19M | -2M |
Minority Interest | 498M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | 2.21▲ 0% | 0.11▼ 95.0% | 3.18▲ 2790.9% | 2.39▼ 24.8% | 11.40▲ 377.0% | 2.64▼ 76.8% | 5.90▲ 123.5% | 4.89▼ 17.1% | 3.40▼ 30.5% | 3.49▲ 0% |
EPS Growth % | 44.44% | -95.02% | 2790.91% | -24.84% | 376.99% | -76.84% | 123.48% | -17.12% | -30.47% | -28% |
EPS (Basic) | 2.21 | 0.11 | 3.19 | 2.40 | 11.42 | 2.65 | 5.91 | 4.89 | 3.40 | - |
Diluted Shares Outstanding | 630.3M | 644.13M | 502.52M | 498.03M | 494.5M | 484.93M | 463.97M | 451.24M | 449.53M | 437.79M |
Basic Shares Outstanding | 629.05M | 643.52M | 500.83M | 496.72M | 493.44M | 483.89M | 463.18M | 450.61M | 448.97M | 437.7M |
Dividend Payout Ratio | 70.99% | 21.72% | 45.67% | 68.5% | 13.47% | 59.86% | 33.52% | 40.66% | 70.11% | - |
TRI Balance Sheet
Thomson Reuters Corporation (TRI) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 2.98B | 4.52B | 3.07B | 3.98B | 2.45B | 2.81B | 2.92B | 3.49B | 2.23B | 2.14B |
Cash & Short-Term Investments | 846M | 2.76B | 1.32B | 2.34B | 816M | 1.19B | 1.26B | 1.89B | 605M | 401.32M |
Cash Only | 748M | 2.68B | 791M | 1.73B | 708M | 988M | 1.2B | 1.85B | 511M | 401.32M |
Short-Term Investments | 98M | 76M | 533M | 612M | 108M | 204M | 66M | 35M | 94M | 0 |
Accounts Receivable | 1.46B | 1.38B | 1.24B | 1.22B | 1.13B | 1.14B | 1.19B | 1.15B | 1.14B | 1.19B |
Days Sales Outstanding | 100.4 | 91.7 | 76.57 | 74.17 | 64.69 | 62.62 | 64.15 | 58.03 | 55.8 | 53.27 |
Inventory | 31M | 33M | 23M | 26M | 28M | 29M | 20M | 21M | 0 | 0 |
Days Inventory Outstanding | 13.1 | 11.6 | 5.95 | 8.2 | 6.46 | 6.68 | 4.68 | 4.28 | - | - |
Other Current Assets | 252M | 183M | 355M | 269M | 314M | 294M | 282M | 277M | 0 | 550.81M |
Total Non-Current Assets | 23.5B | 12.5B | 14.22B | 13.91B | 19.7B | 18.9B | 15.76B | 14.95B | 15.71B | 15.86B |
Property, Plant & Equipment | 921M | 473M | 615M | 545M | 502M | 414M | 447M | 386M | 361M | 342.12M |
Fixed Asset Turnover | 5.75x | 11.63x | 9.60x | 10.98x | 12.65x | 16.01x | 15.20x | 18.80x | 20.71x | 21.35x |
Goodwill | 15.04B | 5.08B | 5.85B | 5.98B | 5.94B | 5.87B | 6.72B | 7.26B | 7.91B | 8.08B |
Intangible Assets | 6.77B | 4.23B | 4.42B | 4.26B | 4.15B | 4.14B | 4.4B | 4.59B | 4.75B | 4.79B |
Long-Term Investments | 250M | 2.24B | 1.65B | 1.23B | 7.07B | 6.68B | 2.41B | 711M | 668M | 2.71B |
Other Non-Current Assets | 438M | 446M | 513M | 690M | 896M | 661M | 683M | 625M | 2.02B | 688.26M |
Total Assets | 26.47B▲ 0% | 17.05B▼ 35.6% | 17.3B▲ 1.5% | 17.88B▲ 3.4% | 22.15B▲ 23.9% | 21.71B▼ 2.0% | 18.68B▼ 13.9% | 18.44B▼ 1.3% | 17.94B▼ 2.7% | 18B▲ 0% |
Asset Turnover | 0.20x | 0.32x | 0.34x | 0.33x | 0.29x | 0.31x | 0.36x | 0.39x | 0.42x | 0.43x |
Asset Growth % | -4.96% | -35.6% | 1.45% | 3.39% | 23.87% | -1.98% | -13.94% | -1.32% | -2.7% | -10.54% |
Total Current Liabilities | 4.8B | 2.69B | 3.22B | 2.65B | 2.58B | 4.89B | 3.23B | 3.44B | 3.46B | 3.54B |
Accounts Payable | 307M | 326M | 265M | 217M | 227M | 237M | 181M | 176M | 1.09B | 937.07M |
Days Payables Outstanding | 129.69 | 114.63 | 68.55 | 68.4 | 52.37 | 54.58 | 42.35 | 35.87 | 219.53 | 190.23 |
Short-Term Debt | 1.64B | 3M | 579M | 0 | 0 | 1.65B | 372M | 973M | 793.55M | 1.12B |
Deferred Revenue (Current) | 937M | 815M | 833M | 866M | 874M | 886M | 992M | 1.06B | 1.25B | 4.71B |
Other Current Liabilities | 431M | 359M | 548M | 474M | 297M | 907M | 586M | 171M | 107.8M | 109.36M |
Current Ratio | 0.62x | 1.68x | 0.95x | 1.50x | 0.95x | 0.57x | 0.90x | 1.02x | 0.64x | 0.60x |
Quick Ratio | 0.61x | 1.67x | 0.95x | 1.49x | 0.94x | 0.57x | 0.90x | 1.01x | 0.64x | 0.60x |
Cash Conversion Cycle | -16.2 | -11.33 | 13.97 | 13.97 | 18.77 | 14.72 | 26.48 | 26.45 | - | -136.97 |
Total Non-Current Liabilities | 8.11B | 5.12B | 4.52B | 5.25B | 5.73B | 4.93B | 4.39B | 3B | 2.55B | 2.61B |
Long-Term Debt | 5.38B | 3.21B | 2.68B | 3.77B | 3.79B | 3.11B | 2.9B | 1.85B | 1.33B | 1.33B |
Capital Lease Obligations | 0 | 0 | 253M | 223M | 197M | 179M | 209M | 198M | 0 | 369M |
Deferred Tax Liabilities | 708M | 780M | 576M | 394M | 1B | 897M | 553M | 241M | 363.34M | 1.36B |
Other Non-Current Liabilities | 2.02B | 1.12B | 1.01B | 860M | 746M | 745M | 720M | 709M | 864.42M | 893.93M |
Total Liabilities | 12.9B | 7.81B | 7.74B | 7.9B | 8.31B | 9.83B | 7.62B | 6.43B | 6.03B | 6.15B |
Total Debt | 7.03B | 3.22B | 3.58B | 4.08B | 4.05B | 5B | 3.54B | 3.08B | 2.12B | 2.46B |
Net Debt | 6.28B | 534M | 2.79B | 2.35B | 3.34B | 4.01B | 2.34B | 1.22B | 1.61B | 2.05B |
Debt / Equity | 0.52x | 0.35x | 0.37x | 0.41x | 0.29x | 0.42x | 0.32x | 0.26x | 0.18x | 0.21x |
Debt / EBITDA | 4.29x | 2.30x | 1.87x | 1.50x | 2.01x | 1.95x | 1.16x | 1.05x | 0.73x | 0.82x |
Net Debt / EBITDA | 3.83x | 0.38x | 1.45x | 0.86x | 1.66x | 1.57x | 0.77x | 0.42x | 0.55x | 0.69x |
Interest Coverage | 2.53x | 3.29x | 6.33x | 10.37x | 6.73x | 12.33x | 10.31x | 13.23x | 11.57x | 13.40x |
Total Equity | 13.57B▲ 0% | 9.21B▼ 32.2% | 9.56B▲ 3.8% | 9.98B▲ 4.4% | 13.83B▲ 38.6% | 11.88B▼ 14.1% | 11.06B▼ 6.9% | 12.01B▲ 8.5% | 11.91B▼ 0.8% | 11.85B▲ 0% |
Equity Growth % | 2.41% | -32.15% | 3.8% | 4.39% | 38.62% | -14.09% | -6.91% | 8.51% | -0.77% | 3.42% |
Book Value per Share | 21.54 | 14.30 | 19.02 | 20.04 | 27.98 | 24.51 | 23.85 | 26.61 | 26.50 | 27.07 |
Total Shareholders' Equity | 13.08B | 9.21B | 9.56B | 9.98B | 13.83B | 11.88B | 11.06B | 12.01B | 11.91B | 11.85B |
Common Stock | 9.2B | 3.33B | 3.47B | 3.61B | 3.7B | 3.75B | 1.79B | 1.96B | 3.6B | 3.62B |
Retained Earnings | 7.2B | 4.74B | 4.96B | 5.21B | 9.15B | 7.64B | 8.68B | 9.7B | 9.22B | 9.18B |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | -3.67B | -877M | -782M | -689M | -811M | -1.16B | -1.02B | -1.19B | -903M | -954.13M |
Minority Interest | 498M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
TRI Cash Flow Statement
Thomson Reuters Corporation (TRI) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 2.1B | 1.96B | 718.32M | 1.84B | 2.74B | 1.88B | 2.38B | 2.34B | 2.7B | 2.73B |
Operating CF Margin % | 39.68% | 35.57% | 12.16% | 30.7% | 43.2% | 28.38% | 35.09% | 32.23% | 36.08% | - |
Operating CF Growth % | -28.7% | -6.9% | -63.29% | 155.76% | 49.29% | -31.44% | 26.78% | -1.88% | 15.32% | 53.5% |
Net Income | 659.91M | 155.64M | 1.61B | 1.21B | 5.64B | 1.34B | 2.69B | 2.09B | 1.51B | 1.53B |
Depreciation & Amortization | 626.76M | 587.43M | 733.67M | 833.84M | 763.22M | 695.31M | 738.3M | 782.53M | 946.28M | 950.2M |
Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes | -296.29M | -163.23M | -1.43B | -243.2M | 656.18M | -76.83M | -395.12M | -609.27M | 61.05M | 67.6M |
Other Non-Cash Items | 1.27B | 1.46B | 58.33M | -70.54M | -5.14B | -81.63M | -1.12B | -91.39M | 137.36M | 137.81M |
Working Capital Changes | -156.43M | -79.72M | -252.74M | 107.39M | 824.68M | 7.68M | 465.38M | 167.55M | 43.75M | 44.34M |
Change in Receivables | -20.72M | -319.81M | 118.7M | 30.53M | 75.33M | -26.89M | -84.52M | 24.75M | 0 | 28M |
Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Change in Payables | -139.86M | 204.98M | -225.11M | -140.03M | 82.27M | -131.57M | -169.04M | -137.09M | 0 | 22.95M |
Cash from Investing | -1.08B | 13.98B | -1.42B | -145.29M | -1.48B | -484.99M | 3.58B | 281.79M | -1.31B | -883.16M |
Capital Expenditures | -537.66M | -546.63M | -516.74M | -530.62M | -482.71M | -571.42M | -553.98M | -577.86M | -645.1M | -640.05M |
CapEx % of Revenue | 10.15% | 9.94% | 8.75% | 8.87% | 7.6% | 8.62% | 8.15% | 7.96% | 8.63% | 8.35% |
Acquisitions | 49.73M | -422.31M | -938.32M | 381.12M | 9.91M | 24.01M | -812.63M | -647.35M | -599.31M | -180.14M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | -596.71M | 14.95B | 38.88M | 4.21M | -1.01B | 62.42M | -579.43M | -257.99M | -62.07M | -62.97M |
Cash from Financing | -2.58B | -14.17B | -1.23B | -678.02M | -2.25B | -1.11B | -5.73B | -1.98B | -2.88B | -2.83B |
Debt Issued (Net) | -487.94M | -3.81B | 0 | 391.65M | 0 | 1B | -1.58B | -408.4M | -721.41M | -429.23M |
Equity Issued (Net) | -1.04B | -9.45B | -499.35M | -210.57M | -1.39B | -1.23B | -3.18B | -608.32M | -1.02B | -1.27B |
Dividends Paid | -992.45M | -856.95M | -717.3M | -770.67M | -768.18M | -803.84M | -908.36M | -903.43M | -1.06B | -1.07B |
Share Repurchases | -1.04B | -9.45B | -499.35M | -210.57M | -1.39B | -1.23B | -3.18B | -608.32M | -1.02B | -1.27B |
Other Financing | -63.19M | -57.89M | -12.28M | -88.44M | -97.14M | -75.87M | -54.99M | -55.22M | -81.4M | -63.06M |
Net Change in Cash | -875M▲ 0% | 1.84B▲ 309.8% | -1.87B▼ 202.1% | 962M▲ 151.3% | -1.01B▼ 205.0% | 291.57M▲ 128.9% | 222.84M▼ 23.6% | 675.47M▲ 203.1% | -1.46B▼ 315.7% | -971.67M▲ 0% |
Free Cash Flow | 1.56B▲ 0% | 1.41B▼ 9.9% | 201.58M▼ 85.7% | 1.31B▲ 548.2% | 2.26B▲ 73.0% | 1.31B▼ 42.1% | 1.83B▲ 39.8% | 1.76B▼ 3.8% | 2.05B▲ 16.5% | 2.09B▲ 0% |
FCF Margin % | 29.53% | 25.64% | 3.41% | 21.83% | 35.6% | 19.75% | 26.93% | 24.27% | 27.45% | 27.3% |
FCF Growth % | -23.84% | -9.85% | -85.71% | 548.16% | 72.97% | -42.08% | 39.8% | -3.76% | 16.53% | 13.14% |
FCF per Share | 2.48 | 2.19 | 0.40 | 2.62 | 4.57 | 2.70 | 3.94 | 3.90 | 4.57 | 4.78 |
FCF Conversion (FCF/Net Income) | 1.51x | 0.50x | 0.46x | 1.64x | 0.48x | 1.41x | 0.88x | 1.06x | 1.80x | 1.37x |
Interest Paid | 374M | 296M | 0 | 164M | 165M | 168M | 201M | 149M | 0 | 77M |
Taxes Paid | 191M | 308M | 0 | 164M | 1.07B | 216M | 869M | 551M | 0 | 90M |
TRI Key Ratios
Thomson Reuters Corporation (TRI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 10.4% | 34.52% | 16.66% | 11.48% | 47.78% | 10.4% | 23.49% | 19.16% | 12.56% | 12.68% |
Return on Invested Capital (ROIC) | 4.06% | 3.95% | 8.14% | 11.72% | 6.31% | 8.32% | 11.94% | 11.88% | 11.15% | 11.13% |
Gross Margin | 83.69% | 81.13% | 76.11% | 80.65% | 75.08% | 76.08% | 77.04% | 75.32% | 75.8% | 75.81% |
Net Margin | 26.34% | 71.5% | 26.48% | 18.75% | 89.62% | 20.19% | 39.67% | 30.45% | 20.09% | 19.93% |
Debt / Equity | 0.52x | 0.35x | 0.37x | 0.41x | 0.29x | 0.42x | 0.32x | 0.26x | 0.18x | 0.21x |
Interest Coverage | 2.53x | 3.29x | 6.33x | 10.37x | 6.73x | 12.33x | 10.31x | 13.23x | 11.57x | 13.40x |
FCF Conversion | 1.51x | 0.50x | 0.46x | 1.64x | 0.48x | 1.41x | 0.88x | 1.06x | 1.80x | 1.37x |
Revenue Growth | -52.56% | 3.85% | 7.36% | 1.32% | 6.08% | 4.4% | 2.52% | 6.83% | 3% | 5.36% |
Related:TRI Dividend History·TRI Revenue History·TRI Price History·TRI P/E History·TRI Financial Ratios·TRI Institutional Holders
TRI Frequently Asked Questions
Thomson Reuters Corporation (TRI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Thomson Reuters Corporation (TRI) reported $7.66B in revenue for fiscal year 2025. This represents a 1% decrease from $7.72B in 1996.
Thomson Reuters Corporation (TRI) grew revenue by 3.0% over the past year. Growth has been modest.
Yes, Thomson Reuters Corporation (TRI) is profitable, generating $1.53B in net income for fiscal year 2025 (20.1% net margin).
Dividend & Returns
Yes, Thomson Reuters Corporation (TRI) pays a dividend with a yield of 2.98%. This makes it attractive for income-focused investors.
Thomson Reuters Corporation (TRI) has a return on equity (ROE) of 12.6%. This is reasonable for most industries.
Thomson Reuters Corporation (TRI) generated $2.09B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.