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Industrials - Specialty Business Services - NASDAQ - CA
$ 200.72
1.36 %
$ 90.4 B
Market Cap
42.73
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Aug, 5, 2025.

The intrinsic value of one TRI stock under the worst case scenario is HIDDEN Compared to the current market price of 201 USD, Thomson Reuters Corporation is HIDDEN

This DCF valuation model was last updated on Aug, 5, 2025.

The intrinsic value of one TRI stock under the base case scenario is HIDDEN Compared to the current market price of 201 USD, Thomson Reuters Corporation is HIDDEN

This DCF valuation model was last updated on Aug, 5, 2025.

The intrinsic value of one TRI stock under the best case scenario is HIDDEN Compared to the current market price of 201 USD, Thomson Reuters Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart TRI

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$220.0$220.0$210.0$210.0$200.0$200.0$190.0$190.0$180.0$180.0$170.0$170.0$160.0$160.015 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '2515 Jul15 JulAug '25Aug '25
FINANCIALS
7.26 B REVENUE
6.83%
2.11 B OPERATING INCOME
-9.56%
2.21 B NET INCOME
-16.48%
2.46 B OPERATING CASH FLOW
3.07%
680 M INVESTING CASH FLOW
-80.64%
-2.46 B FINANCING CASH FLOW
56.29%
1.9 B REVENUE
-0.47%
563 M OPERATING INCOME
-22.02%
425 M NET INCOME
-27.60%
445 M OPERATING CASH FLOW
-21.10%
-756 M INVESTING CASH FLOW
-995.65%
-288 M FINANCING CASH FLOW
-14.29%
Balance Sheet Thomson Reuters Corporation
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Current Assets 3.49 B
Cash & Short-Term Investments 1.89 B
Receivables 1.15 B
Other Current Assets 448 M
Non-Current Assets 14.9 B
Long-Term Investments 711 M
PP&E 386 M
Other Non-Current Assets 13.8 B
10.24 %6.26 %3.86 %75.12 %Total Assets$18.4b
Current Liabilities 3.44 B
Accounts Payable 176 M
Short-Term Debt 973 M
Other Current Liabilities 2.29 B
Non-Current Liabilities 3 B
Long-Term Debt 2.04 B
Other Non-Current Liabilities 950 M
15.13 %35.56 %31.80 %14.77 %Total Liabilities$6.4b
EFFICIENCY
Earnings Waterfall Thomson Reuters Corporation
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Revenue 7.26 B
Cost Of Revenue 1.5 B
Gross Profit 5.76 B
Operating Expenses 3.65 B
Operating Income 2.11 B
Other Expenses -101 M
Net Income 2.21 B
8b8b7b7b6b6b5b5b4b4b3b3b2b2b1b1b007b(2b)6b(4b)2b101m2bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
79.31% GROSS MARGIN
79.31%
29.06% OPERATING MARGIN
29.06%
30.45% NET MARGIN
30.45%
18.41% ROE
18.41%
11.99% ROA
11.99%
13.99% ROIC
13.99%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Thomson Reuters Corporation
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3b3b2b2b2b2b1b1b500m500m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 2.21 B
Depreciation & Amortization 822 M
Capital Expenditures -607 M
Stock-Based Compensation 0
Change in Working Capital 176 M
Others -575 M
Free Cash Flow 1.85 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Thomson Reuters Corporation
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Wall Street analysts predict an average 1-year price target for TRI of $165 , with forecasts ranging from a low of $123 to a high of $182 .
TRI Lowest Price Target Wall Street Target
123 USD -38.72%
TRI Average Price Target Wall Street Target
165 USD -17.71%
TRI Highest Price Target Wall Street Target
182 USD -9.33%
Price
Max Price Target
Min Price Target
Average Price Target
220220210210200200190190180180170170160160150150140140130130120120Sep '24Sep '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
0.33% DIVIDEND YIELD
0.595 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
7.000007.000006.000006.000005.000005.000004.000004.000003.000003.000002.000002.000001.000001.000000.000000.000000.347870.353060.358260.358260.373830.39460.420560.46210.508830.540.5950.347870.353060.358260.358260.373830.39460.420560.46210.508834.8450.540.5950.347870.353060.358260.380.373830.39460.420560.46210.490.540.347871.390.353061.410.358261.430.385511.484.901426.020.373831.560.39461.660.420561.810.46211.970.496.420.541.680.602015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 5
6. Ownership
Insider Ownership Thomson Reuters Corporation
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Sold
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7. News
Thomson Reuters Launches CoCounsel Legal: Transforming Legal Work with Agentic AI and Deep Research CoCounsel Legal includes Deep Research, an industry-first AI solution grounded in Thomson Reuters expert legal content, starting with Westlaw TORONTO , Aug. 5, 2025 /PRNewswire/ -- Today, Thomson Reuters (TSX/Nasdaq: TRI), a global content and technology company, announced the launch of CoCounsel Legal, featuring Deep Research and agentic guided workflows. This milestone product release showcases Thomson Reuters most advanced AI offering to date, designed to help professionals move beyond prompting and start delegating. prnewswire.com - 1 day ago
Francisco Partners to Acquire Legal Tech Solutions Provider Elite From TPG NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, today announced it will acquire Elite, a pioneer in mission-critical software and integrated payment solutions for the legal industry, from TPG Capital, the U.S. and European private equity platform of global alternative asset management firm TPG, and Thomson Reuters (TSX/Nasdaq: TRI). The acquisition will provide Elite with a new financial p. businesswire.com - 1 day ago
Unlocking Q2 Potential of Thomson Reuters (TRI): Exploring Wall Street Estimates for Key Metrics Beyond analysts' top-and-bottom-line estimates for Thomson Reuters (TRI), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2025. zacks.com - 5 days ago
WNS vs. TRI: Which Stock Is the Better Value Option? Investors interested in stocks from the Business - Services sector have probably already heard of WNS (Holdings) Limited (WNS) and Thomson Reuters (TRI). But which of these two stocks is more attractive to value investors? zacks.com - 1 week ago
Evyve Becomes First Customer to Deploy Tritium's Revolutionary TRI-FLEX Ultra-Scaling Platform to Meet Rapid Network Growth Demands Partnership combines Evyve's sustainable charging leadership with Tritium's industry-first lifetime Partnership combines Evyve's sustainable charging leadership with Tritium's industry-first lifetime globenewswire.com - 2 weeks ago
Thomson Reuters: Bullish On Legal Segment Potential And Inorganic Prospects I maintain my Buy rating on Thomson Reuters, anticipating upside surprises from accretive M&As and the unlocking of the Legal unit's full potential. Its Legal segment could perform better in the future, assuming that law firms increase their AI-related expenditures to be aligned with other industries. TRI has the balance sheet strength to execute on value-enhancing acquisitions involving indirect tax businesses and non-U.S. enterprises. seekingalpha.com - 2 weeks ago
Thomson Reuters (TRI) Moves 7.6% Higher: Will This Strength Last? Thomson Reuters (TRI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term. zacks.com - 3 weeks ago
Thomson Reuters Second Quarter 2025 Earnings Announcement and Webcast Scheduled for August 6, 2025 Conference call and webcast scheduled for 8.30 a.m. EDT TORONTO , July 10, 2025 /PRNewswire/ -- Thomson Reuters (TSX/Nasdaq: TRI) announced today its second-quarter 2025 Earnings will be issued via news release on Wednesday, August 6, 2025. prnewswire.com - 3 weeks ago
WNS or TRI: Which Is the Better Value Stock Right Now? Investors looking for stocks in the Business - Services sector might want to consider either WNS (Holdings) Limited (WNS) or Thomson Reuters (TRI). But which of these two stocks presents investors with the better value opportunity right now? zacks.com - 4 weeks ago
The AI Adoption Reality Check: Firms with AI Strategies are Twice as Likely to see AI-driven Revenue Growth; Those Without Risk Falling Behind NEW Thomson Reuters survey data reveals that only a quarter of organizations have a visible AI strategy. Time savings from AI could see a $32 billion opportunity on the table for the legal and tax industries in the U.S. alone TORONTO , June 26, 2025 /PRNewswire/ -- Thomson Reuters (Nasdaq/TSX: TRI), a global content and technology company, today released its 2025 Future of Professionals report, which reveals a significant divide between organizations* that have adopted an AI strategy and those that have not. prnewswire.com - 1 month ago
Buy 5 High-Flying Non-Tech Nasdaq-Listed Stocks of H1 to Gain in H2 Nasdaq is flat in first-half 2025, but SFM, RGLD, TRI, WWD and EXEL are soaring, each up over 20% and primed for the second half. zacks.com - 1 month ago
5 Stocks to Buy Amid Growing Strength in the Business Services Sector DUOL, CTAS, STN, TRI, FCFS are riding economic strength with double-digit gains and rising earnings. zacks.com - 1 month ago
8. Profile Summary

Thomson Reuters Corporation TRI

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COUNTRY CA
INDUSTRY Specialty Business Services
MARKET CAP $ 90.4 B
Dividend Yield 0.33%
Description Thomson Reuters Corporation provides business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments. The Corporates segment provides a suite of content-enabled technology solutions for legal, tax, regulatory, compliance, and IT professionals. The Tax & Accounting Professionals segment offers research and workflow products focusing on tax offerings and automating tax workflows to tax, accounting, and audit professionals in accounting firms. The Reuters News segment provides business, financial, and international news to media organizations, professional, and news consumers through news agency and industry events. The Global Print segment offers legal and tax information primarily in print format to legal and tax professionals, governments, law schools, and corporations. The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008. The company was founded in 1851 and is headquartered in Toronto, Canada. Thomson Reuters Corporation is a subsidiary of The Woodbridge Company Limited.
Contact 333 Bay Street, Toronto, ON, M5H 2R2 https://www.tr.com
IPO Date June 12, 2002
Employees 26400
Officers Mr. Stephen John Hasker B.Com., M.B.A. President, Chief Executive Officer & Director Mr. Gary Elftman Bisbee C.F.A. Head of Investor Relations Mr. Michael Eastwood Chief Financial Officer Ms. Linda J. Walker Chief Accounting Officer, Senior Vice President & Controller Mr. Ragunath Ramanathan President of the Legal Professionals Mr. Paul J. Bascobert President of Reuters News Ms. Norie C. Campbell Chief Legal Officer & Company Secretary Mr. David Carrel Chief Marketing Officer Ms. Kirsty Roth Chief Operations & Technology Officer Ms. Mary-Alice Vuicic Executive Vice President & Chief People Officer