Thomson Reuters Corporation (TRI) quarterly cash flow statement — complete operating, investing & financing history
Thomson Reuters Corporation (TRI) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 599M | 894.69M | 505M | 767.87M | 697.48M | 763.75M | 443.66M | 551.79M | 759.17M | 703.02M | 430.07M | 721.37M | 667.6M | 705.71M | 267.02M | 685.02M | 520.3M | 428.68M | 278.38M | 392.15M |
| Operating CF Margin % | 32.68% | 45.79% | 24.2% | 38.22% | 39.14% | 42.79% | 23.35% | 28.9% | 44.04% | 40.4% | 22.82% | 39.74% | 41.88% | 42.85% | 15.36% | 38.81% | 33.06% | 26.56% | 16.63% | 22.93% |
| Operating CF Growth % | -14.12% | 17.14% | 13.83% | 39.16% | -8.13% | 8.64% | 3.16% | -23.51% | 13.72% | -0.38% | 61.06% | 5.31% | 28.31% | 64.62% | -4.08% | 74.68% | -3.47% | -3.39% | -79.89% | -33.24% |
| Net Income | 0 | 432.73M | 477M | 332M | 423.26M | 301.89M | 423.72M | 589.87M | 279.23M | 843.83M | 464.91M | 667.96M | 365.3M | 900.74M | 737.06M | 243.37M | 250.11M | -70.4M | 1.03B | -176.4M |
| Depreciation & Amortization | 249M | 253M | 245M | 240M | 234M | 230M | 226M | 208M | 202M | 206M | 205.08M | 194.22M | 181.66M | 181.36M | 173.01M | 184.28M | 168M | 182.43M | 180.19M | 195.34M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 7M | 11.8M | 36M | 0 | 32.99M | -1.39M | 18.94M | 39.35M | 8M | -542.13M | -149.33M | -20.12M | -248.78M | 9.61M | -127.01M | 105.84M | -163.31M | -180.05M | 168.04M | -107.49M |
| Other Non-Cash Items | 415M | -2.3M | 52M | 71.68M | -101.65M | 116.97M | 67.11M | -215.06M | 63.1M | 8.74M | 51.77M | -162.31M | 114.71M | -630.31M | -436.03M | 110.72M | 99.44M | 522.14M | -907M | 549.61M |
| Working Capital Changes | -72M | 199.47M | -305M | 124.19M | 108.88M | 116.27M | -292.11M | -70.37M | 206.85M | 186.58M | -142.36M | 41.61M | 254.7M | 244.31M | -80.01M | 40.81M | 166.05M | -25.45M | -193.35M | -68.91M |
| Change in Receivables | 0 | 61.9M | -42M | 0 | 28M | 0 | 51.84M | 0 | 0 | -55.85M | 100.55M | -134.32M | 17.83M | -60.31M | 90.01M | -87.47M | 25.33M | 0 | 0 | -97.24M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 47.78M | -164M | 0 | 22.95M | 0 | -244.26M | 0 | 0 | 84.37M | -272.78M | 164.28M | 21.05M | 22.68M | -370.03M | 167.51M | 44.3M | 0 | 0 | 128.88M |
| Cash from Investing | -188M | -201.45M | -367M | -207.81M | -134.22M | -174.13M | -753.72M | -62.82M | -218.87M | 319.59M | 249.88M | -219.23M | 429.09M | 1.65B | 1.67B | 35.57M | -111.99M | -251.54M | -181.2M | -295.68M |
| Capital Expenditures | -176M | -172.39M | -156M | -158M | -160.19M | -165.86M | -150.54M | -156.77M | -149.63M | -151.95M | -144.35M | -135.29M | -143.58M | -128.63M | -140.01M | -136.05M | -143.42M | -135.97M | -173.1M | -121.71M |
| CapEx % of Revenue | 9.6% | 8.82% | 7.47% | 7.86% | 8.99% | 9.29% | 7.92% | 8.21% | 8.68% | 8.73% | 7.66% | 7.45% | 9.01% | 7.81% | 8.06% | 7.71% | 9.11% | 8.42% | 10.34% | 7.12% |
| Acquisitions | -13M | -29.06M | -212M | -20M | 59.1M | -8.24M | -604.17M | 152.33M | -4.06M | -28.82M | -828.28M | -16.92M | -672.14M | 397.3M | -494.04M | 176.39M | 7.88M | -160.99M | -8.1M | -12.9M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1M | 0 | 1M | -29.81M | -33.14M | -19K | 996.98K | -72.94M | -65.27M | -114.28M | -15.93M | -109.93M | -256.65M | -215.59M | 9M | -4.78M | 23.55M | 45.42M | 0 | -161.07M |
| Cash from Financing | 405M | -522.02M | -248M | -667.96M | -597.18M | -1.31B | -287.13M | -254.22M | -494.1M | -1.23B | -89.6M | -1.74B | -1.43B | -1.17B | -1.32B | -141M | -409M | -364.27M | -222.7M | -820.88M |
| Debt Issued (Net) | 939M | 469.96M | 306M | -49.38M | 348.16M | -1.03B | 0 | -3.37M | -243.01M | -694.11M | 513.7M | -1.13B | -1.2B | 1.15B | -361.03M | 651.46M | 296.15M | 49.37M | 0 | 0 |
| Equity Issued (Net) | -238M | -685.05M | -262M | -335.3M | -672.65M | 0 | 0 | -5.02M | -34.3K | -287.48M | -350.43M | -373.43M | 1.84M | -2.08B | -718.05M | -570.56M | -468.84M | -191.57M | 0 | -591.29M |
| Dividends Paid | -275M | -268.98M | -281M | -260.94M | -257.96M | -265.24M | -259.21M | -231.21M | -238M | -237.01M | -236.94M | -221.38M | -216.82M | -235.09M | -225.02M | -208.5M | -197.18M | -208.21M | -212.58M | -188.99M |
| Share Repurchases | -238M | -685.05M | -262M | -335.3M | -672.65M | 0 | 0 | -5.02M | -34.3K | -287.48M | -350.43M | -373.43M | 1.84M | -2.08B | -718.05M | -570.56M | -468.84M | -191.57M | 0 | -591.29M |
| Other Financing | -21M | -37.95M | -11M | -22.34M | -14.72M | -15M | -27.92M | -14.62M | -13.06M | -14.01M | -15.93M | -12.31M | -15.85M | -15.21M | -11M | -13.4M | -39.13M | -13.86M | -10.12M | -40.61M |
| Net Change in Cash | 817M | 174.99M | -111M | -107M | -48.08M | -705.59M | -595.76M | 238.57M | 46.51M | -217.29M | 607.68M | -1.21B | -349.09M | 1.16B | 622.61M | 612.78M | -6.01M | -191.11M | -124.1M | -731.83M |
| Free Cash Flow | 423M | 722.3M | 349M | 607.45M | 537.29M | 597.88M | 293.11M | 395.02M | 609.54M | 551.07M | 285.72M | 586.08M | 524.02M | 577.08M | 127.01M | 548.97M | 376.87M | 292.71M | 105.28M | 270.44M |
| FCF Margin % | 23.08% | 36.97% | 16.72% | 30.24% | 30.15% | 33.49% | 15.43% | 20.69% | 35.36% | 31.67% | 15.16% | 32.29% | 32.87% | 35.04% | 7.31% | 31.1% | 23.94% | 18.14% | 6.29% | 15.82% |
| FCF Growth % | -21.27% | 20.81% | 19.07% | 53.78% | -11.85% | 8.5% | 2.59% | -32.6% | 16.32% | -4.51% | 124.96% | 6.76% | 39.04% | 97.15% | 20.64% | 102.99% | -7.64% | -11.78% | -91.67% | -44.24% |
| FCF per Share | 0.97 | 1.65 | 0.80 | 1.36 | 1.19 | 1.33 | 0.65 | 0.88 | 1.35 | 1.22 | 0.63 | 1.29 | 1.15 | 1.23 | 0.27 | 1.14 | 0.78 | 0.60 | 0.22 | 0.58 |
| FCF Conversion (FCF/Net Income) | 1.77x | 2.00x | 1.10x | 2.31x | 1.65x | 2.44x | 1.02x | 0.94x | 2.52x | 0.84x | 0.89x | 1.06x | 1.82x | 0.79x | 0.35x | 3.14x | 2.28x | -3.73x | 0.28x | -2.24x |
| Interest Paid | 0 | 0 | 19M | 0 | 23M | 54M | 18M | 0 | 0 | 59M | 25M | 71M | 28M | 76M | 26M | 72M | 16M | 66M | 14M | 69M |
| Taxes Paid | 0 | 0 | 0 | 0 | 48M | 42M | 108M | 178M | 0 | 170M | 113M | 207M | 284M | 278M | 100M | 22M | 49M | 110M | 35M | 217M |