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Industrials - Specialty Business Services - NYSE - CA
$ 187.76
0.145 %
$ 84.6 B
Market Cap
39.08
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one TRI stock under the worst case scenario is HIDDEN Compared to the current market price of 188 USD, Thomson Reuters Corporation is HIDDEN

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one TRI stock under the base case scenario is HIDDEN Compared to the current market price of 188 USD, Thomson Reuters Corporation is HIDDEN

This DCF valuation model was last updated on May, 7, 2025.

The intrinsic value of one TRI stock under the best case scenario is HIDDEN Compared to the current market price of 188 USD, Thomson Reuters Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart TRI

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$190.0$190.0$185.0$185.0$180.0$180.0$175.0$175.0$170.0$170.0$165.0$165.0$160.0$160.0$155.0$155.0$150.0$150.015 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '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 $166 , with forecasts ranging from a low of $123 to a high of $182 .
TRI Lowest Price Target Wall Street Target
123 USD -34.49%
TRI Average Price Target Wall Street Target
166 USD -11.82%
TRI Highest Price Target Wall Street Target
182 USD -3.07%
Price
Max Price Target
Min Price Target
Average Price Target
190190180180170170160160150150140140130130120120Jun '24Jun '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '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 13
6. Ownership
Insider Ownership Thomson Reuters Corporation
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Sold
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9-12 MONTHS
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Bought
0 USD 0
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6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Thomson Reuters: High Valuation Limits Near-Term Upside I give a hold rating for Thomson Reuters (TRI), due to solid fundamentals, but limited near-term upside from high current valuation. TRI's core business is growing steadily, with strong performance in Legal, Corporates, and Tax & Accounting segments, and increasing Gen AI traction. Despite robust fundamentals, TRI's valuation at 45.8x forward PE is significantly above historical and peer multiples, leaving little room for error. seekingalpha.com - 1 week ago
Thomson Reuters: Still Positive Considering EPS Beat And Improved Revenue Quality I stick to a Buy for Thomson Reuters following my assessment of the company's first quarter results and the shift in its topline composition. TRI's 1Q2025 EPS surpassed expectations due to the strong performance of its Tax & Accounting Professionals segment. The company has been deriving a growing proportion of its revenue from star products and AI solutions. seekingalpha.com - 2 weeks ago
Thomson Reuters Corporation (TRI) Q1 2025 Earnings Call Transcript Thomson Reuters Corporation (NASDAQ:TRI ) Q1 2025 Earnings Conference Call May 1, 2025 8:30 AM ET Company Participants Gary Bisbee - Head-Investor Relations Steve Hasker - Chief Executive Officer Mike Eastwood - Chief Financial Officer Conference Call Participants Scott Fletcher - CIBC Manav Patnaik - Barclays Aravinda Galappatthige - Canaccord Genuity Vince Valentini - TD Cowen Toni Kaplan - Morgan Stanley Drew McReynolds - RBC Andrew Steinerman - JPMorgan Jason Haas - Wells Fargo Doug Arthur - Huber Research George Tong - Goldman Sachs Joshua Dennerlein - Bank of America Operator Good day, and welcome to the Thomson Reuters First Quarter Earnings Call. Today's call is being recorded. seekingalpha.com - 2 weeks ago
Thomson Reuters (TRI) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates While the top- and bottom-line numbers for Thomson Reuters (TRI) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 2 weeks ago
Thomson Reuters (TRI) Surpasses Q1 Earnings Estimates Thomson Reuters (TRI) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $1.11 per share a year ago. zacks.com - 2 weeks ago
Thomson Reuters Reports First-Quarter 2025 Results TORONTO , May 1, 2025 /PRNewswire/ -- Thomson Reuters (TSX/Nasdaq: TRI) today reported results for the first quarter ended March 31, 2025:  Good revenue momentum continued in the first quarter Total company revenues up 1% / organic revenues up 6% Organic revenues up 9% for the "Big 3" segments (Legal Professionals, Corporates and Tax & Accounting Professionals) Reaffirmed full year 2025 outlook for all metrics Increased annual common share dividend by 10% to $2.38, announced in February 2025 Completed SafeSend acquisition to expand tax automation capabilities for approximately $600 million in January 2025 "We have delivered an encouraging start to 2025, underscored by a good financial performance and reaffirmed outlook, building on the momentum of the past year," said Steve Hasker, President and CEO of Thomson Reuters. "We continue to invest heavily in innovation, and believe we are well positioned to help our customers harness the potential of content-driven technology and AI to navigate an increasingly complex and changing world. prnewswire.com - 2 weeks ago
Tritium Unveils TRI-FLEX, a Revolutionary Ultra-Scaling EV Charging Platform at ACT Expo 2025 ANAHEIM, Calif., April 29, 2025 (GLOBE NEWSWIRE) -- Tritium, a global leader in DC fast chargers for electric vehicles (EVs), today unveiled its revolutionary TRI-FLEX charging platform at ACT Expo 2025 in Anaheim, California. The platform features a next-generation distributed architecture that enables charge point operators to scale from four up to 64 charge points easily. This ultra-scaling approach addresses critical infrastructure challenges as the EV market transitions from early adoption to mainstream over the next several years. globenewswire.com - 2 weeks ago
Thomson Reuters to Present at Barclays Americas Select Franchise Conference TORONTO , April 29, 2025 /PRNewswire/ -- Steve Hasker, President and CEO of Thomson Reuters (TSX/Nasdaq: TRI) will present at the Barclays Americas Select Franchise Conference on Tuesday May 6, 2025 at 10:45am BST. The presentation may include forward-looking information. prnewswire.com - 2 weeks ago
Unveiling Thomson Reuters (TRI) Q1 Outlook: Wall Street Estimates for Key Metrics Get a deeper insight into the potential performance of Thomson Reuters (TRI) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. zacks.com - 3 weeks ago
Will Thomson Reuters (TRI) Beat Estimates Again in Its Next Earnings Report? Thomson Reuters (TRI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. zacks.com - 3 weeks ago
Thomson Reuters (TRI) Expected to Beat Earnings Estimates: Can the Stock Move Higher? Thomson Reuters (TRI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 weeks ago
Thomson Reuters (TRI) Surges 5.3%: Is This an Indication of Further Gains? 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 - 1 month ago
8. Profile Summary

Thomson Reuters Corporation TRI

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COUNTRY CA
INDUSTRY Specialty Business Services
MARKET CAP $ 84.6 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. Paul J. Bascobert President of Reuters News Ms. Norie C. Campbell Chief Legal Officer & Company Secretary Ms. Mary-Alice Vuicic Executive Vice President & Chief People Officer Ms. Kirsty Roth Chief Operations & Technology Officer Mr. Ragunath Ramanathan President of the Legal Professionals Mr. David Carrel Chief Marketing Officer 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