Thomson Reuters Corporation

TSX:TRI Stock Report

Market Cap: CA$51.2b

Thomson Reuters Past Earnings Performance

Past criteria checks 1/6

Thomson Reuters's earnings have been declining at an average annual rate of -22%, while the Professional Services industry saw earnings growing at 12.4% annually. Revenues have been growing at an average rate of 4.3% per year. Thomson Reuters's return on equity is 12.4%, and it has net margins of 19.8%.

Key information

-22.03%

Earnings growth rate

-20.42%

EPS growth rate

Professional Services Industry Growth11.60%
Revenue growth rate4.30%
Return on equity12.45%
Net Margin19.78%
Next Earnings Update05 May 2026

Recent past performance updates

Why Thomson Reuters' (TSE:TRI) Shaky Earnings Are Just The Beginning Of Its Problems

Aug 15
Why Thomson Reuters' (TSE:TRI) Shaky Earnings Are Just The Beginning Of Its Problems

Recent updates

AI And Automation Catalysts Will Reshape Long Term Earnings Power

Catalysts About Thomson Reuters Thomson Reuters provides information, software and workflow tools for legal, tax, audit, risk and news professionals worldwide. What are the underlying business or industry changes driving this perspective?

Thomson Reuters Corporation (TSE:TRI) Shares Slammed 33% But Getting In Cheap Might Be Difficult Regardless

Feb 09
Thomson Reuters Corporation (TSE:TRI) Shares Slammed 33% But Getting In Cheap Might Be Difficult Regardless

AI Competition And Execution Risks Will Challenge Operations Yet Ultimately Support Long-Term Upside

Catalysts About Thomson Reuters Thomson Reuters provides information, software and tools for legal, tax, accounting, corporate and news professionals globally. What are the underlying business or industry changes driving this perspective?

Thomson Reuters Corporation Just Beat EPS By 33%: Here's What Analysts Think Will Happen Next

Nov 07
Thomson Reuters Corporation Just Beat EPS By 33%: Here's What Analysts Think Will Happen Next

These 4 Measures Indicate That Thomson Reuters (TSE:TRI) Is Using Debt Reasonably Well

Oct 12
These 4 Measures Indicate That Thomson Reuters (TSE:TRI) Is Using Debt Reasonably Well

Returns Are Gaining Momentum At Thomson Reuters (TSE:TRI)

Sep 12
Returns Are Gaining Momentum At Thomson Reuters (TSE:TRI)

Why Thomson Reuters' (TSE:TRI) Shaky Earnings Are Just The Beginning Of Its Problems

Aug 15
Why Thomson Reuters' (TSE:TRI) Shaky Earnings Are Just The Beginning Of Its Problems

What Thomson Reuters Corporation's (TSE:TRI) P/E Is Not Telling You

Jun 17
What Thomson Reuters Corporation's (TSE:TRI) P/E Is Not Telling You

Thomson Reuters (TSE:TRI) Shareholders Will Want The ROCE Trajectory To Continue

May 26
Thomson Reuters (TSE:TRI) Shareholders Will Want The ROCE Trajectory To Continue

Earnings Update: Thomson Reuters Corporation (TSE:TRI) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts

May 04
Earnings Update: Thomson Reuters Corporation (TSE:TRI) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts

We Think Thomson Reuters (TSE:TRI) Can Stay On Top Of Its Debt

Apr 21
We Think Thomson Reuters (TSE:TRI) Can Stay On Top Of Its Debt
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Integration Challenges With SafeSend And Materia Will Hurt Profits

Significant AI investments and recent acquisitions must deliver revenue growth soon to avoid negative impacts on profitability and net margins.

Revenue & Expenses Breakdown

How Thomson Reuters makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:TRI Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 257,4761,479600
30 Sep 257,3761,753570
30 Jun 257,3181,602590
31 Mar 257,2732,148590
31 Dec 247,2582,190590
30 Sep 247,1642,233640
30 Jun 247,0342,326650
31 Mar 246,9412,371660
31 Dec 236,7942,641640
30 Sep 236,7442,170600
30 Jun 236,7242,064630
31 Mar 236,6911,107510
31 Dec 226,6271,388520
30 Sep 226,5721,033560
30 Jun 226,524528490
31 Mar 226,4421,670600
31 Dec 216,3485,685610
30 Sep 216,2546,449570
30 Jun 216,1716,930640
31 Mar 216,0445,989680
31 Dec 205,9841,147760
30 Sep 205,9511,880850
30 Jun 205,9211,569920
31 Mar 205,9391,644980
31 Dec 195,9061,567970
30 Sep 195,8501432000
30 Jun 195,7211371800
31 Mar 195,609411620
31 Dec 185,501711460
30 Sep 185,388462270
30 Jun 185,376664280
31 Mar 185,345587290
31 Dec 175,297571290
30 Sep 176,743543340
30 Jun 178,215673410
31 Mar 179,704931460
31 Dec 1611,1661,003520
30 Sep 1611,1931,093530
30 Jun 1611,1961,088520
31 Mar 1611,2291,004520
31 Dec 1511,2571,069520
30 Sep 1511,5811,866480
30 Jun 1511,9411,847450

Quality Earnings: TRI has high quality earnings.

Growing Profit Margin: TRI's current net profit margins (19.8%) are lower than last year (30.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TRI's earnings have declined by 22% per year over the past 5 years.

Accelerating Growth: TRI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TRI had negative earnings growth (-32.5%) over the past year, making it difficult to compare to the Professional Services industry average (3.8%).

Return on Equity

High ROE: TRI's Return on Equity (12.4%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/12 08:12
End of Day Share Price 2026/04/10 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Thomson Reuters Corporation is covered by 29 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jim MarroneAccountability Research Corporation
Manav PatnaikBarclays
Edward AtorinoBenchmark Company