(TRI) Thomson Reuters Common - Overview

Exchange: NASDAQ • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA8849038085

Stock: Legal Research, Tax Software, News Agency, Compliance Tools, Print Publications

Total Rating 36
Risk 85
Buy Signal -1.30

EPS (Earnings per Share)

EPS (Earnings per Share) of TRI over the last years for every Quarter: "2020-12": 0.54, "2021-03": 0.58, "2021-06": 0.48, "2021-09": 0.46, "2021-12": 0.43, "2022-03": 0.66, "2022-06": 0.6, "2022-09": 0.57, "2022-12": 0.73, "2023-03": 0.82, "2023-06": 0.84, "2023-09": 0.82, "2023-12": 0.98, "2024-03": 1.11, "2024-06": 0.85, "2024-09": 0.8, "2024-12": 1.01, "2025-03": 1.12, "2025-06": 0.87, "2025-09": 0.85,

Revenue

Revenue of TRI over the last years for every Quarter: 2020-12: 1616, 2021-03: 1580, 2021-06: 1532, 2021-09: 1526, 2021-12: 1710, 2022-03: 1674, 2022-06: 1614, 2022-09: 1574, 2022-12: 1765, 2023-03: 1738, 2023-06: 1647, 2023-09: 1594, 2023-12: 1815, 2024-03: 1885, 2024-06: 1740, 2024-09: 1724, 2024-12: 1909, 2025-03: 1900, 2025-06: 1785, 2025-09: 1782,

Dividends

Dividend Yield 1.43%
Yield on Cost 5y 3.06%
Yield CAGR 5y 10.09%
Payout Consistency 94.0%
Payout Ratio 83.8%
Risk 5d forecast
Volatility 74.7%
Relative Tail Risk -10.9%
Reward TTM
Sharpe Ratio -2.16
Alpha -56.81
Character TTM
Beta 0.477
Beta Downside 0.459
Drawdowns 3y
Max DD 58.56%
CAGR/Max DD -0.15

Description: TRI Thomson Reuters Common December 17, 2025

Thomson Reuters Corporation (NASDAQ: TRI) is a diversified content-and-technology firm operating globally across five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The business combines proprietary data, workflow software, and increasingly generative-AI tools to serve law firms, corporations, tax-and-audit practitioners, media outlets, and financial institutions.

In FY 2023 the company generated approximately $6.2 billion in revenue, with the Legal Professionals segment contributing roughly 38 % of total sales and delivering a 23 % operating margin-well above the average 15 % margin for the broader information services sector. Growth is being driven by subscription-based AI-enhanced research platforms, while macro-level spending on regulatory compliance and corporate governance remains a tailwind for the Corporates and Tax & Accounting segments. The firm’s cash conversion cycle is under 30 days, reflecting strong recurring-revenue dynamics, but earnings are sensitive to foreign-exchange fluctuations given its exposure to Europe and Asia-Pacific markets.

For a deeper, data-rich assessment of TRI’s valuation dynamics, you may find ValueRay’s analytics platform useful as a next step in your research.

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income: 1.76b TTM > 0 and > 6% of Revenue
FCF/TA: 0.10 > 0.02 and ΔFCF/TA -0.80 > 1.0
NWC/Revenue: -18.62% < 20% (prev -2.83%; Δ -15.79% < -1%)
CFO/TA 0.14 > 3% & CFO 2.46b > Net Income 1.76b
Net Debt (1.56b) to EBITDA (3.25b): 0.48 < 3
Current Ratio: 0.61 > 1.5 & < 3
Outstanding Shares: last quarter (450.3m) vs 12m ago -0.04% < -2%
Gross Margin: 75.50% > 18% (prev 0.78%; Δ 7472 % > 0.5%)
Asset Turnover: 40.68% > 50% (prev 38.87%; Δ 1.81% > 0%)
Interest Coverage Ratio: 14.79 > 6 (EBITDA TTM 3.25b / Interest Expense TTM 158.9m)

Altman Z'' 4.06

A: -0.08 (Total Current Assets 2.18b - Total Current Liabilities 3.56b) / Total Assets 17.83b
B: 0.51 (Retained Earnings 9.10b / Total Assets 17.83b)
C: 0.13 (EBIT TTM 2.35b / Avg Total Assets 18.13b)
D: 1.93 (Book Value of Equity 11.75b / Total Liabilities 6.08b)
Altman-Z'' Score: 4.06 = AA

Beneish M -2.96

DSRI: 1.01 (Receivables 1.05b/1.01b, Revenue 7.38b/7.16b)
GMI: 1.03 (GM 75.50% / 77.76%)
AQI: 1.08 (AQ_t 0.86 / AQ_t-1 0.79)
SGI: 1.03 (Revenue 7.38b / 7.16b)
TATA: -0.04 (NI 1.76b - CFO 2.46b) / TA 17.83b)
Beneish M-Score: -2.96 (Cap -4..+1) = A

What is the price of TRI shares?

As of February 08, 2026, the stock is trading at USD 88.07 with a total of 4,432,898 shares traded.
Over the past week, the price has changed by -20.39%, over one month by -32.49%, over three months by -36.35% and over the past year by -49.49%.

Is TRI a buy, sell or hold?

Thomson Reuters Common has received a consensus analysts rating of 2.94. Therefor, it is recommend to hold TRI.
  • StrongBuy: 1
  • Buy: 3
  • Hold: 11
  • Sell: 0
  • StrongSell: 3

What are the forecasts/targets for the TRI price?

Issuer Target Up/Down from current
Wallstreet Target Price 173.3 96.7%
Analysts Target Price 173.3 96.7%
ValueRay Target Price 70.2 -20.3%

TRI Fundamental Data Overview February 05, 2026

P/E Trailing = 23.6985
P/E Forward = 24.2718
P/S = 5.6351
P/B = 4.122
P/EG = 9.6749
Revenue TTM = 7.38b USD
EBIT TTM = 2.35b USD
EBITDA TTM = 3.25b USD
Long Term Debt = 1.34b USD (from longTermDebt, last quarter)
Short Term Debt = 837.2m USD (from shortTermDebt, last quarter)
Debt = 2.17b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.56b USD (from netDebt column, last quarter)
Enterprise Value = 43.12b USD (41.56b + Debt 2.17b - CCE 617.4m)
Interest Coverage Ratio = 14.79 (Ebit TTM 2.35b / Interest Expense TTM 158.9m)
EV/FCF = 23.65x (Enterprise Value 43.12b / FCF TTM 1.82b)
FCF Yield = 4.23% (FCF TTM 1.82b / Enterprise Value 43.12b)
FCF Margin = 24.72% (FCF TTM 1.82b / Revenue TTM 7.38b)
Net Margin = 23.82% (Net Income TTM 1.76b / Revenue TTM 7.38b)
Gross Margin = 75.50% ((Revenue TTM 7.38b - Cost of Revenue TTM 1.81b) / Revenue TTM)
Gross Margin QoQ = 75.87% (prev 75.46%)
Tobins Q-Ratio = 2.42 (Enterprise Value 43.12b / Total Assets 17.83b)
Interest Expense / Debt = 1.68% (Interest Expense 36.6m / Debt 2.17b)
Taxrate = 22.04% (121.0m / 549.0m)
NOPAT = 1.83b (EBIT 2.35b * (1 - 22.04%))
Current Ratio = 0.61 (Total Current Assets 2.18b / Total Current Liabilities 3.56b)
Debt / Equity = 0.19 (Debt 2.17b / totalStockholderEquity, last quarter 11.75b)
Debt / EBITDA = 0.48 (Net Debt 1.56b / EBITDA 3.25b)
Debt / FCF = 0.85 (Net Debt 1.56b / FCF TTM 1.82b)
Total Stockholder Equity = 12.17b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.69% (Net Income 1.76b / Total Assets 17.83b)
RoE = 14.43% (Net Income TTM 1.76b / Total Stockholder Equity 12.17b)
RoCE = 17.40% (EBIT 2.35b / Capital Employed (Equity 12.17b + L.T.Debt 1.34b))
RoIC = 12.59% (NOPAT 1.83b / Invested Capital 14.55b)
WACC = 7.35% (E(41.56b)/V(43.74b) * Re(7.67%) + D(2.17b)/V(43.74b) * Rd(1.68%) * (1-Tc(0.22)))
Discount Rate = 7.67% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -0.54%
[DCF Debug] Terminal Value 82.25% ; FCFF base≈1.91b ; Y1≈2.19b ; Y5≈3.06b
Fair Price DCF = 131.8 (EV 60.20b - Net Debt 1.56b = Equity 58.65b / Shares 444.8m; r=7.35% [WACC]; 5y FCF grow 17.36% → 2.90% )
EPS Correlation: 76.50 | EPS CAGR: 19.93% | SUE: 0.66 | # QB: 0
Revenue Correlation: 62.41 | Revenue CAGR: 1.11% | SUE: 0.14 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.24 | Chg30d=-0.000 | Revisions Net=-1 | Analysts=9
EPS next Year (2026-12-31): EPS=4.44 | Chg30d=-0.012 | Revisions Net=-3 | Growth EPS=+14.1% | Growth Revenue=+7.6%

Additional Sources for TRI Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle