(TRI) Thomson Reuters Common - Overview
Sector: Industrials | Industry: Specialty Business Services | Exchange: NASDAQ (USA) | Market Cap: 37.481m USD | Total Return: -54.3% in 12m
Avg Turnover: 156M
EPS Trend: -85.0%
Qual. Beats: 0
Rev. Trend: 98.8%
Qual. Beats: 2
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Thomson Reuters Corporation (TRI) is a multinational content and technology provider headquartered in Toronto, Canada. The company serves professional markets through five primary segments: Legal Professionals, Corporates, Tax & Accounting, Reuters News, and Global Print. Its business model focuses on integrating high-value data with workflow software, increasingly utilizing generative AI to automate compliance and research tasks for law firms, corporations, and government agencies.
Operating within the Research & Consulting Services sub-industry, the company leverages a subscription-based revenue model that provides high visibility into recurring cash flows. This sector is characterized by high barriers to entry due to the proprietary nature of legal and regulatory databases. As a subsidiary of The Woodbridge Company Limited, Thomson Reuters maintains a dominant global footprint across the Americas, EMEA, and Asia Pacific regions.
Investors may find additional insights by reviewing the fundamental metrics available on ValueRay. Founded in 1799 and rebranded in 2008 following the acquisition of Reuters Group, the firm has transitioned from a traditional publisher into a comprehensive data and analytics platform.
- Generative AI integration across legal and tax workflows drives subscription revenue growth
- Shift from print to high-margin digital SaaS platforms improves operating margins
- Corporate compliance demand increases as global tax and legal regulations become complex
- Divestiture proceeds and free cash flow support aggressive share buybacks and dividends
- Macroeconomic stability maintains professional service firm budgets for high-cost data subscriptions
| Net Income: 1.53b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.12 > 0.02 and ΔFCF/TA 1.61 > 1.0 |
| NWC/Revenue: -18.20% < 20% (prev -3.71%; Δ -14.49% < -1%) |
| CFO/TA 0.15 > 3% & CFO 2.73b > Net Income 1.53b |
| Net Debt (2.30b) to EBITDA (3.13b): 0.74 < 3 |
| Current Ratio: 0.60 > 1.5 & < 3 |
| Outstanding Shares: last quarter (437.8m) vs 12m ago -2.89% < -2% |
| Gross Margin: 65.99% > 18% (prev 0.75%; Δ 6.52k% > 0.5%) |
| Asset Turnover: 42.18% > 50% (prev 39.36%; Δ 2.82% > 0%) |
| Interest Coverage Ratio: 13.88 > 6 (EBITDA TTM 3.13b / Interest Expense TTM 156.9m) |
| A: -0.08 (Total Current Assets 2.14b - Total Current Liabilities 3.54b) / Total Assets 18.0b |
| B: 0.51 (Retained Earnings 9.18b / Total Assets 18.0b) |
| C: 0.12 (EBIT TTM 2.18b / Avg Total Assets 18.2b) |
| D: 1.93 (Book Value of Equity 11.9b / Total Liabilities 6.15b) |
| Altman-Z'' = 3.98 = AA |
| DSRI: 1.06 (Receivables 1.19b/1.05b, Revenue 7.69b/7.27b) |
| GMI: 1.14 (GM 65.99% / 75.32%) |
| AQI: 1.05 (AQ_t 0.86 / AQ_t-1 0.82) |
| SGI: 1.06 (Revenue 7.69b / 7.27b) |
| TATA: -0.07 (NI 1.53b - CFO 2.73b) / TA 18.0b) |
| Beneish M = -2.84 (Cap -4..+1) = A |
As of May 30, 2026, the stock is trading at USD 86.51 with a total of 1,527,974 shares traded.
Over the past week, the price has changed by +1.11%,
over one month by -5.20%,
over three months by -8.27% and
over the past year by -54.27%.
Thomson Reuters Common has received a consensus analysts rating of 2.94. Therefore, it is recommended to hold TRI.
- StrongBuy: 1
- Buy: 3
- Hold: 11
- Sell: 0
- StrongSell: 3
| Analysts Target Price | 125.2 | 44.7% |
P/E Trailing = 24.7435
P/E Forward = 19.1571
P/S = 4.8912
P/B = 3.1709
P/EG = 1.2924
Revenue TTM = 7.69b USD
EBIT TTM = 2.18b USD
EBITDA TTM = 3.13b USD
Long Term Debt = 1.33b USD (from longTermDebt, last quarter)
Short Term Debt = 1.12b USD (from shortTermDebt, last quarter)
Debt = 2.71b USD (from shortLongTermDebtTotal, last quarter) + Leases 249.0m
Net Debt = 2.30b USD (calculated: Debt 2.71b - CCE 401.3m)
Enterprise Value = 39.8b USD (37.5b + Debt 2.71b - CCE 401.3m)
Interest Coverage Ratio = 13.88 (Ebit TTM 2.18b / Interest Expense TTM 156.9m)
EV/FCF = 19.02x (Enterprise Value 39.8b / FCF TTM 2.09b)
FCF Yield = 5.26% (FCF TTM 2.09b / Enterprise Value 39.8b)
FCF Margin = 27.19% (FCF TTM 2.09b / Revenue TTM 7.69b)
Net Margin = 19.91% (Net Income TTM 1.53b / Revenue TTM 7.69b)
Gross Margin = 65.99% ((Revenue TTM 7.69b - Cost of Revenue TTM 2.62b) / Revenue TTM)
Gross Margin QoQ = 76.38% (prev 38.45%)
Tobins Q-Ratio = 2.21 (Enterprise Value 39.8b / Total Assets 18.0b)
Interest Expense / Debt = 5.80% (Interest Expense 156.9m / Debt 2.71b)
Taxrate = 20.76% (125.0m / 602.0m)
NOPAT = 1.72b (EBIT 2.18b * (1 - 20.76%))
Current Ratio = 0.60 (Total Current Assets 2.14b / Total Current Liabilities 3.54b)
Debt / Equity = 0.23 (Debt 2.71b / totalStockholderEquity, last quarter 11.9b)
Debt / EBITDA = 0.74 (Net Debt 2.30b / EBITDA 3.13b)
Debt / FCF = 1.10 (Net Debt 2.30b / FCF TTM 2.09b)
Total Stockholder Equity = 12.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.40% (Net Income 1.53b / Total Assets 18.0b)
RoE = 12.73% (Net Income TTM 1.53b / Total Stockholder Equity 12.0b)
RoCE = 16.28% (EBIT 2.18b / Capital Employed (Equity 12.0b + L.T.Debt 1.33b))
RoIC = 11.36% (NOPAT 1.72b / Invested Capital 15.2b)
WACC = 6.70% (E(37.5b)/V(40.2b) * Re(6.85%) + D(2.71b)/V(40.2b) * Rd(5.80%) * (1-Tc(0.21)))
Discount Rate = 6.85% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -68.89 | Cagr: -1.72%
[DCF] Terminal Value 77.68% ; FCFF base≈1.99b ; Y1≈2.25b ; Y5≈3.18b
[DCF] Fair Price = 104.7 (EV 48.0b - Net Debt 2.30b = Equity 45.7b / Shares 436.5m; r=8.35% [WACC [floored]]; 5y FCF grow 13.14% → 2.50% )
EPS Correlation: -85.00 | EPS CAGR: -10.83% | SUE: 0.05 | # QB: 0
Revenue Correlation: 98.76 | Revenue CAGR: 4.87% | SUE: 0.88 | # QB: 2
EPS current Quarter (2026-06-30): EPS=0.97 | Chg30d=-5.70% | Revisions=-75% | Analysts=14
EPS next Quarter (2026-09-30): EPS=0.99 | Chg30d=-1.20% | Revisions=-50% | Analysts=14
EPS current Year (2026-12-31): EPS=4.43 | Chg30d=-1.15% | Revisions=-47% | GrowthEPS=+11.2% | GrowthRev=+8.2%
EPS next Year (2027-12-31): EPS=5.06 | Chg30d=-1.06% | Revisions=-58% | GrowthEPS=+14.3% | GrowthRev=+7.7%
[Analyst] Revisions Ratio: -75%