Thomson Reuters Corporation

NasdaqGS:TRI Stock Report

Market Cap: US$40.2b

Thomson Reuters Management

Management criteria checks 4/4

Thomson Reuters' CEO is Steve Hasker, appointed in Mar 2020, has a tenure of 6.17 years. total yearly compensation is $11.68M, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.027% of the company’s shares, worth $10.96M. The average tenure of the management team and the board of directors is 5.1 years and 6.3 years respectively.

Key information

Steve Hasker

Chief executive officer

US$11.7m

Total compensation

CEO salary percentage9.68%
CEO tenure6.2yrs
CEO ownership0.03%
Management average tenure5.1yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

Seeking Alpha • Feb 09

Thomson Reuters: Buy The Dip On This Wide-Moat Business

Summary Thomson Reuters is rated a 'Buy' after the recent dip, offering value and a 3% dividend yield. TRI's moat is built on proprietary content, deeply embedded workflows, and AI-enabled products, making disruption from agentic AI overblown. Management guides for 7.5%-8% organic revenue growth and 100 bps EBITDA margin expansion in 2026, with strong capital returns and balance sheet. Read the full article on Seeking Alpha
Seeking Alpha • Nov 07

Thomson Reuters: A Buy As Earnings And Outlook Exceed Expectations

Summary Thomson Reuters achieved a +4% bottom line beat for Q3 2024, as its major business segments performed well. TRI's outlook is favorable, as the company revised its 2024 organic revenue growth guidance upwards and expressed confidence in achieving its 2025 and 2026 financial targets. I remain positive on Thomson Reuters, considering that the company's third quarter earnings and full-year organic revenue growth outlook were better than expected. Read the full article on Seeking Alpha
Seeking Alpha • Aug 04

Thomson Reuters: Organic Growth Outlook Remains Positive

Summary Strong organic growth trend continues for Thomson Reuters. The big 3 segments continue to be the main driver of organic growth. Investment in GenAI products and new innovative products should continue to drive further growth for TRI. Read the full article on Seeking Alpha
Seeking Alpha • May 05

Thomson Reuters: Staying Bullish Following Beat-And-Raise Quarter

Summary Thomson Reuters' EPS expanded by +30.5% YoY to $1.11 for Q1 2024, which was equivalent to a +16.6% earnings beat. TRI also raised the company's full-year top line growth guidance by +25 basis points to +6.75%. I see no reasons to change my existing Buy rating for the stock, taking into account the recent beat-and-raise quarter. Read the full article on Seeking Alpha
Seeking Alpha • Feb 11

Thomson Reuters: Good Results And Positive Outlook Support A Buy Rating

Summary Thomson Reuters' normalized EPS grew by +31% YoY to $0.98 in Q4 2023, and this was +8% better than the market's expectations. The company expects to report a +6.5% increase in its top line this year, which is superior to its actual FY 2022 top line expansion of +3%. I still rate Thomson Reuters stock as a buy in view of its recent quarterly earnings beat, and the company's favorable financial prospects. Read the full article on Seeking Alpha
Seeking Alpha • Nov 27

Thomson Reuters: Organic Growth Stabilizing, But Still Expensive

Summary Thomson Reuters' revenue growth fell short of expectations, but EBITDA margins and EPS beat estimates. I have a target price of $105 for TRI based on a 15-year DCF model. The good news is TRI's largest segments showed signs of stability, and there are positive drivers for future growth, including AI capabilities and recent acquisitions. Read the full article on Seeking Alpha
Seeking Alpha • Nov 20

Thomson Reuters: Favorable Takeaways From Recent Investor Event Participation

Summary TRI boasts strong pricing power and a meaningful proportion of multiyear contracts. Thomson Reuters' future financial performance could surpass market expectations, assuming that it can take advantage of growth opportunities emerging from the Generative AI wave. I have left my Buy rating for TRI unchanged, considering positive takeaways from the company management's comments and disclosures at the recent JPMorgan investor event. Read the full article on Seeking Alpha

CEO Compensation Analysis

How has Steve Hasker's remuneration changed compared to Thomson Reuters's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$2b

Dec 31 2025US$12mUS$1m

US$1b

Sep 30 2025n/an/a

US$2b

Jun 30 2025n/an/a

US$2b

Mar 31 2025n/an/a

US$2b

Dec 31 2024US$12mUS$1m

US$2b

Sep 30 2024n/an/a

US$2b

Jun 30 2024n/an/a

US$2b

Mar 31 2024n/an/a

US$2b

Dec 31 2023US$10mUS$1m

US$3b

Sep 30 2023n/an/a

US$2b

Jun 30 2023n/an/a

US$2b

Mar 31 2023n/an/a

US$1b

Dec 31 2022US$11mUS$1m

US$1b

Sep 30 2022n/an/a

US$1b

Jun 30 2022n/an/a

US$528m

Mar 31 2022n/an/a

US$2b

Dec 31 2021US$12mUS$1m

US$6b

Sep 30 2021n/an/a

US$6b

Jun 30 2021n/an/a

US$7b

Mar 31 2021n/an/a

US$6b

Dec 31 2020US$11mUS$948k

US$1b

Compensation vs Market: Steve's total compensation ($USD11.68M) is about average for companies of similar size in the US market ($USD14.67M).

Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.

CEO

Steve Hasker (55 yo)

6.2yrs
Tenure
US$11,677,272
Compensation

Mr. Stephen John Hasker, BCom, MBA, MIA, ACAA also known as Steve, is Member of Advisory Board at Murdoch Childrens Research Institute. He serves as President, Chief Executive Officer and Director at Thoms...

Leadership Team

NamePositionTenureCompensationOwnership
Stephen Hasker
President6.2yrsUS$11.68m0.027%
$ 11.0m
Michael Eastwood
Chief Financial Officer6.2yrsUS$3.79m0.0053%
$ 2.1m
Kirsty Roth
Chief Operations & Technology Officer5.8yrsUS$4.29m0.0083%
$ 3.3m
David Wong
Chief Product Officer5.8yrsUS$3.55m0.0051%
$ 2.0m
Paul Bascobert
President of Reuters News3.7yrsUS$3.30m0.0015%
$ 591.5k
Gary Bisbee
Head of Investor Relations4.2yrsno datano data
Norie Campbell
Chief Legal Officer & Company Secretary2.7yrsno data0.00013%
$ 52.3k
Jason Williams
Chief People Officerless than a yearno datano data
Taneli Ruda
Chief Strategy Officer2.3yrsno data0.0012%
$ 490.9k
Elizabeth Beastrom
President of Tax5.2yrsno data0.0030%
$ 1.2m
Alessandra Galloni
Editor-In-Chief5.1yrsno datano data
Matthew Keen
Head of Internationalno datano data0.0010%
$ 402.4k
5.1yrs
Average Tenure
53yo
Average Age

Experienced Management: TRI's management team is seasoned and experienced (5.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Stephen Hasker
President6.2yrsUS$11.68m0.027%
$ 11.0m
Deanna Oppenheimer
Independent Director5.5yrsUS$250.00kno data
David Kenneth Thomson
Chairman of the Board38.3yrsUS$600.00k0.011%
$ 4.4m
Peter Thomson
Non-Independent Director31.3yrsUS$250.00k0.26%
$ 102.7m
Barry Salzberg
Independent Director10.7yrsUS$300.00kno data
Kirk Arnold
Independent Director6.3yrsUS$300.00kno data
Laverne Council
Independent Director4.3yrsUS$250.00kno data
Michael Daniels
Lead Independent Director12yrsUS$450.00k0%
$ 0
Kim Rivera
Independent Director6.5yrsUS$250.00kno data
Kirk Koenigsbauer
Independent Director6.2yrsUS$250.00k0.000020%
$ 8.0k
Simon Paris
Independent Director5.5yrsUS$290.14k0.0010%
$ 422.5k
Elizabeth Wilson
Independent Director3.9yrsUS$250.00kno data
6.3yrs
Average Tenure
61.5yo
Average Age

Experienced Board: TRI's board of directors are considered experienced (6.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 05:20
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
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