NASDAQ · Financial Statements

Thomson Reuters Corp (TRI) Financial Statements

$123.17 NASDAQ: TRI Market Cap $53.36B

Thomson Reuters Corp most recently reported annual revenue of $7.5B, net profit of $1.5B. Revenue grew at an average annual rate of 4.6% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

Thomson Reuters Corp: Revenue fell from $11.2B in 2016 to $7.5B in 2025, a change of -33.0% over 9 years; net profit was positive in all 10 reported years; operating margin moved from 12.4% to 26.6%, a shift of +14.2 percentage points; the most recent year shows net profit of $1.5B.

Income Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Revenue$11.2B$5.3B$5.5B$5.9B$6.0B$6.3B$6.6B$6.8B$7.3B$7.5B
Operating Expenses$9.8B$4.3B$4.7B$4.7B$4.1B$5.1B$4.8B$4.5B$5.1B$5.5B
Operating Profit$1.4B$1.0B$780.0M$1.2B$1.9B$1.2B$1.8B$2.3B$2.1B$2.0B
Operating Margin12.4%19.5%14.2%20.3%32.2%19.6%27.7%34.3%29.1%26.6%
Other Income$-349.0M$-531.0M$-480.0M$-827.0M$-709.0M$6.1B$-184.0M$731.0M$-40.0M$-83.0M
Interest$348.0M$344.0M$252.0M$186.0M$190.0M$186.0M$185.0M$216.0M$169.0M$183.0M
Depreciation$1.6B$605.0M$619.0M$717.0M$792.0M$770.0M$724.0M$725.0M$822.0M$930.0M
Profit Before Tax$1.0B$503.0M$300.0M$372.0M$1.2B$7.3B$1.6B$3.1B$2.1B$1.9B
Tax$-1.4M$-26.6M$45.3M$-322.0M$5.8M$22.0M$15.7M$13.6M$-5.9M$22.2M
Net Profit$3.1B$1.4B$3.9B$1.6B$1.1B$5.7B$1.3B$2.7B$2.2B$1.5B
EPS$1.53$2.21$0.11$3.18$2.39$11.40$2.64$5.90$4.89$3.40
Dividend Payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

MetricSep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26
Revenue$1.6B$1.8B$1.9B$1.7B$1.7B$1.9B$1.9B$1.8B$1.8B$2.0B$2.1B$2.0B
Operating Expenses$1.2B$1.3B$1.3B$1.3B$1.3B$1.2B$1.3B$1.3B$1.2B$1.6B$1.5B$1.4B
Operating Profit$441.0M$558.0M$557.0M$415.0M$415.0M$722.0M$563.0M$436.0M$593.0M$378.0M$636.0M$558.0M
Operating Margin27.7%30.7%29.6%23.9%24.1%37.8%29.6%24.4%33.3%18.8%30.5%28.6%
Interest$54.0M$51.0M$40.0M$47.0M$47.0M$43.0M$39.0M$41.0M$37.0M$41.0M$44.0M$48.0M
Profit Before Tax$352.0M$670.0M$531.0M$442.0M$354.0M$742.0M$517.0M$349.0M$549.0M$491.0M$602.0M$515.0M
Tax$-5.1M$3.0M$12.6M$-91.0M$21.8M$18.2M$17.8M$14.9M$22.0M$32.2M$20.8M$13.8M
Net Profit$367.0M$678.0M$481.0M$841.0M$301.0M$587.0M$434.0M$313.0M$423.0M$332.0M$459.0M$448.0M
EPS$0.79$1.53$1.06$1.86$0.67$1.26$0.96$0.69$0.94$0.76$1.03$1.01

Over the 10 years reported for Thomson Reuters Corp, borrowings decreased from $7.4B in 2016 to $2.1B in 2025, cash stood at $511.0M in the latest year, shareholders' equity was $2.1B, current assets covered current liabilities 0.64 times.

Balance Sheet — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Total Assets$27.9B$26.5B$17.0B$17.3B$17.9B$22.1B$21.7B$18.7B$18.4B$17.9B
Current Assets$4.6B$3.0B$4.5B$3.1B$4.0B$2.5B$2.8B$2.9B$3.5B$2.2B
Cash$2.3B$748.0M$2.7B$791.0M$1.7B$708.0M$988.0M$1.2B$1.9B$511.0M
Inventory$32.0M$31.0M$33.0M$23.0M$26.0M$28.0M$29.0M$20.0M$21.0M$23.0M
Receivables$1.5B$1.5B$1.4B$1.2B$1.2B$1.1B$1.1B$1.2B$1.2B$1.1B
Fixed Assets$961.0M$921.0M$473.0M$615.0M$545.0M$502.0M$414.0M$447.0M$386.0M$361.0M
Capital Work in Progress$0$0$0$0$0$0$0$0$0$0
Investments$486.0M$348.0M$2.3B$2.2B$1.8B$7.2B$6.9B$2.5B$746.0M$762.0M
Other Assets$14.5B$15.0B$5.1B$5.9B$6.0B$5.9B$5.9B$6.7B$7.3B$7.9B
Total Liabilities$14.6B$12.9B$7.8B$7.7B$7.9B$8.3B$9.8B$7.6B$6.4B$6.0B
Current Liabilities$4.6B$4.8B$2.7B$3.2B$2.7B$2.6B$4.9B$3.2B$3.4B$3.5B
Borrowings$7.4B$7.0B$3.2B$3.6B$4.1B$4.0B$5.0B$3.5B$3.1B$2.1B
Other Liabilities$7.2B$5.9B$4.6B$4.2B$3.8B$4.3B$4.8B$4.1B$3.4B$3.9B
Equity$9.3B$9.2B$3.3B$3.5B$3.6B$3.7B$3.8B$1.8B$2.0B$2.1B
Reserves$12.8B$13.1B$9.2B$9.6B$10.0B$13.8B$11.9B$11.1B$12.0B$11.9B

For Thomson Reuters Corp, operating cash flow was positive in 10 of 10 reported years; free cash flow in the latest year was $2.1B; free cash flow was positive in 10 of 10 years; financing activities used $1.1B in the latest year, which covers debt repayment, dividends and buybacks.

Cash Flow Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Operating Cash Flow$2.9B$2.1B$2.0B$718.0M$1.8B$2.7B$1.9B$2.4B$2.3B$2.7B
Investing Cash Flow$1.3B$-1.6B$13.4B$-1.9B$-676.0M$-2.0B$-1.1B$3.0B$-296.0M$-2.0B
Financing Cash Flow$-1.7B$-1.1B$-9.5B$-512.0M$-299.0M$-1.5B$-1.3B$-3.2B$-664.0M$-1.1B
Net Cash Flow$772.0M$-875.0M$1.8B$-1.9B$962.0M$-1.0B$292.0M$223.0M$675.0M$-1.5B
Free Cash Flow$2.1B$1.6B$1.4B$202.0M$1.3B$2.3B$1.3B$1.8B$1.8B$2.1B

Valuation & Return Ratios

MetricValue
PEG Ratio6.21
EV / EBITDA13.62
FCF Yield5.23%
Quick Ratio0.51
Interest Coverage12.78
Return 1Y-21.95%
Return 3Y6.60%
Return 5Y1.25%

Thomson Reuters Corp (TRI) financials — frequently asked questions

What is Thomson Reuters Corp's annual revenue?

Thomson Reuters Corp (TRI) reported annual revenue of $7.5B in its most recent fiscal year.

What is Thomson Reuters Corp's net profit?

Thomson Reuters Corp (TRI) reported net profit of $1.5B in its most recent fiscal year.

What is TRI EV/EBITDA?

Thomson Reuters Corp's enterprise value to EBITDA (EV/EBITDA) ratio is 13.62.

Popular Stocks

Apple (AAPL)Microsoft (MSFT)NVIDIA (NVDA)Alphabet (GOOGL)Amazon (AMZN)Meta (META)Tesla (TSLA)Broadcom (AVGO)Eli Lilly (LLY)JPMorgan (JPM)

Related stock screens

High ROE Industrials StocksLow P/E Industrials StocksHigh Net Margin Industrials StocksDividend Industrials StocksLow Debt Industrials StocksHigh ROE StocksLow P/E StocksHigh Net Margin StocksDividend StocksLow Debt StocksNasdaq High ROE StocksAll stock screens
TRI Overview TRI Dividend Run Stock Screener

Data for information only, not investment advice. Figures may be delayed or inaccurate; verify against company filings. See our disclaimer.