Thomson Reuters is a leading global provider of business information services, delivering trusted data, technology, and expertise to professionals across legal, tax, accounting, risk, compliance, and the news and media sectors.
It is a $44.7B industrial company. Revenue grew 3.0% over the last year, it keeps 20¢ of every dollar of sales as profit, and its net debt equals ~1.1 years of free cash flow. It trades at 26.4× earnings — around the middle of its own history.
- Website
- thomsonreuters.com
- Employees
- 27 100
- Sector
- Industrials
- Founded
- 1851
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong quality; Growth lags behind.
Valuation56
- P/E vs own history60th pct · 12/25
- FCF yield5.0% · 12/25
- P/S5.6x · 12/25
- EV/EBITDA14.1x · 20/25
Growth31
- Revenue CAGR4.2% · 6/25
- Net income CAGR-28.4% · 0/25
- EPS CAGR ~5Y-27.3% · 0/25
- Fwd implied growth35.1% · 25/25
Profitability74
- ROIC11.0% · 12/25
- ROE14.3% · 12/25
- Net margin20.0% · 25/25
- Operating margin29.8% · 25/25
Health62
- Altman Z5.21 · 25/25
- Current ratio0.51 · 0/25
- Interest coverage13.4x · 25/25
- Net cash / debtD/A 14% · 12/25
Quality90
- Piotroski F6/9 · 15/25
- Beneish M-2.94 · 25/25
- FCF conversion149% · 25/25
- Margin stabilityσ 2.0% · 25/25
Moat63
- ROIC >12% years0/5 yrs · 0/25
- Median gross margin38.9% · 13/25
- FCF-positive years5/5 yrs · 25/25
- Worst-year net marginworst 20.0% · 25/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2021FinancialProfitable every year on record5 consecutive profitable years in our data
- FY2021FinancialRevenue already above $1B$6.35B in first reported year
- FY2021FinancialPositive free cash flow every year since5-year streak
- FY2021FinancialBest year on record$5.69B net income
- 2011AcquisitionOthers include: * On 20 June 2011, Thomson Reuters acquired CorpSmart from Deloitte
- 2008AcquisitionLipper became part of Thomson Reuters in April 2008, following the merger of Thomson Financial and Reuters
- 2008ProductThomson Reuters was created by the Thomson Corporation's purchase of the British company Reuters Group on 17 April 2008
- 1996AcquisitionThe Thomson Corporation acquired West Publishing, a purveyor of legal research and services (including…
- 1989AcquisitionITOL merged with Thomson Newspapers, forming the Thomson Corporation
- 1967AcquisitionHe separately acquired the Times in 1967
- 1959AcquisitionHe bought the Kemsley Group, a purchase that eventually gave him control of the Sunday Times
- 1953AcquisitionThomson acquired the Scotsman newspaper and moved to Scotland the following year
- 1941IPOIt was acquired by the British National & Provincial Press in 1941
- 1851FoundedThe company was founded in 1851 by Paul Julius Reuter in London as a business transmitting stock market quotations
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (95.6%)
- Strongly profitable — 20.0% net margin
- Strong cash conversion — FCF is 29.9% of revenue
- Could repay net debt from ~1.1 years of free cash flow
- Interest covered 13.4× by operating earnings
Watch-outs
Nothing stands out as a concern in the available data.
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+3.0% YoY
- Profitable — makes more than it spends$1.50B FY2025
- Profit growing — earnings are higher than last year+6.6% YoY
- Generates cash — cash left after running and investing$2.23B FY2025
- Debt under control — could handle its obligations~1.1y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$44.7B market cap
- Not printing shares — share count not ballooning — you keep your slice-5.7% shares over ~5y
- Proven track record — years of profitability behind it5/5 profitable years
- Financially stable — balance sheet not near distressAltman Z 5.2 — safe
- Pays a dividend — returns cash to shareholdersyield 2.45%
- Valuation not extreme — price not wildly above earningsP/E 26.4
Peer comparisonThomson Reuters Corporation vs 6 largest industrials peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| TRI this company | $44.7B | 26.4 | +3.0% | 20.0% | Solid |
| LRCX Lam Research Corp | $399.2B | 54.9 | +26.0% | 31.3% | Strong |
| CAT Caterpillar Inc. | $368.0B | 33.9 | +18.4% | 14.5% | Solid |
| RTX RTX Corporation | $251.3B | 32.4 | +11.8% | 8.3% | Strained |
| DE Deere & Company | $167.7B | 34.4 | +8.3% | 10.2% | Solid |
| ETN Eaton Corporation, plc | $167.2B | 43.6 | +15.5% | 12.8% | Mixed |
| UNP Union Pacific Corp. | $166.8B | 22.6 | +4.2% | 28.8% | Strained |
Head-to-head: TRI vs LRCX · TRI vs CAT · TRI vs RTX
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2021–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/TRI
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of TRI on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $103.21 · market cap $44.7B.