Also trades as: TRI.TO (TSX) · $vol 84M
TRI NASDAQ
Thomson Reuters Corporation
1W: +3.2%
1M: +19.6%
3M: +9.5%
YTD: -7.2%
1Y: -28.1%
3Y: -1.4%
5Y: +5.3%
$116.41
-5.67 (-4.64%)
Weekly Expected Move ±4.5%
$112
$118
$123
$129
$134
Credit Risk of going bust: lower than 60% of companies Debt: 5.9% of company value Bonds: none of note held by US funds details ▾
If the stock fell to about $1.15 (down 99.0%), Thomson Reuters Corporation would be worth roughly what it owes.
Total debt $3.18B against a stock market value of $50.43B.
Distance to default 6.16 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $2.34B (short-term plus half of long-term), stock volatility 51.5%; Altman Z'' 3.39. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Total debt $3.18B against a stock market value of $50.43B.
Distance to default 6.16 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $2.34B (short-term plus half of long-term), stock volatility 51.5%; Altman Z'' 3.39. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Overview
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Smart Money
Financials
Income Statement
Cash Flow
Balance Sheet
Earnings
Analysis
Technicals
Weather
Peers
ESG
Institutions
ETF Exposure
Dark Pool
Short Interest
Revenue Segmentation
By Product / Service
By Geography
Revenue by Segment (5-Year Trend)
Income Trends
Revenue
$7.6B
+4.8% ▲
5Y CAGR: +4.9%
Gross Profit
$2.8B
-49.4% ▼
5Y CAGR: -10.5%
Operating Income
$2.0B
-5.1% ▼
5Y CAGR: +0.8%
Net Income
$1.5B
-30.8% ▼
5Y CAGR: +6.4%
EPS (Diluted)
$3.40
-30.5% ▼
5Y CAGR: +7.5%
EBITDA
$3.1B
+0.3% ▲
5Y CAGR: +2.1%
Profit Margins
Year-over-Year Growth
View Full Income Statement
| Line Item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $6.3B | $6.6B | $6.8B | $7.3B | $7.6B |
| YoY Growth | +6.1% | +4.4% | +2.5% | +6.8% | +4.8% |
| Cost of Revenue | $1.6B | $1.6B | $1.6B | $1.8B | $4.8B |
| Gross Profit | $4.8B | $5.0B | $5.2B | $5.5B | $2.8B |
| Gross Margin | 75.1% | 76.1% | 77.0% | 75.3% | 36.4% |
| R&D Expenses | $0 | $0 | $0 | $0 | $0 |
| SG&A Expenses | $2.7B | $2.7B | $2.5B | $2.7B | $0 |
| Operating Expenses | $3.5B | $3.2B | $2.9B | $3.4B | $766M |
| Operating Income | $1.2B | $1.8B | $2.3B | $2.1B | $2.0B |
| Operating Margin | 19.6% | 27.7% | 34.3% | 29.1% | 26.3% |
| Interest Expense | $186M | $185M | $216M | $169M | $146M |
| Income Before Tax | $7.3B | $1.6B | $3.1B | $2.1B | $1.9B |
| Tax Expense | $1.6B | $259M | $417M | -$123M | $430M |
| Net Income | $5.7B | $1.3B | $2.7B | $2.2B | $1.5B |
| Net Margin | 89.6% | 20.2% | 39.7% | 30.4% | 20.1% |
| EPS (Diluted) | $11.40 | $2.64 | $5.90 | $4.89 | $3.40 |
| EBITDA | $2.0B | $3.0B | $3.0B | $3.1B | $3.1B |
| Shares Outstanding | 495M | 485M | 464M | 451M | 450M |