Thomson Reuters Corporation provides news and business information services to professionals in the United States, Other Americas, Europe, the Middle East, Africa, and the Asia- Pacific. More Details
Excellent balance sheet average dividend payer.
Share Price & News
How has Thomson Reuters's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TRI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TRI's weekly volatility (4%) has been stable over the past year.
7 Day Return
US Professional Services
1 Year Return
US Professional Services
Return vs Industry: TRI underperformed the US Professional Services industry which returned 21.4% over the past year.
Return vs Market: TRI underperformed the US Market which returned 36.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Thomson Reuters's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 years ago | Simply Wall StWith A Recent ROE Of 8.33%, Can Thomson Reuters Corporation (TRI) Catch Up To Its Industry?
3 years ago | Simply Wall StHave investors already priced in Thomson Reuters Corporation's (TRI) growth?
Is Thomson Reuters undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TRI ($86.39) is trading above our estimate of fair value ($80.79)
Significantly Below Fair Value: TRI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TRI is poor value based on its PE Ratio (37.4x) compared to the US Professional Services industry average (28x).
PE vs Market: TRI is poor value based on its PE Ratio (37.4x) compared to the US market (21.5x).
Price to Earnings Growth Ratio
PEG Ratio: TRI is poor value based on its PEG Ratio (4.4x)
Price to Book Ratio
PB vs Industry: TRI is overvalued based on its PB Ratio (4.3x) compared to the US Professional Services industry average (3.2x).
How is Thomson Reuters forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRI's forecast earnings growth (8.5% per year) is above the savings rate (2%).
Earnings vs Market: TRI's earnings (8.5% per year) are forecast to grow slower than the US market (19.2% per year).
High Growth Earnings: TRI's earnings are forecast to grow, but not significantly.
Revenue vs Market: TRI's revenue (4.2% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: TRI's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TRI's Return on Equity is forecast to be low in 3 years time (13.8%).
How has Thomson Reuters performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRI has a large one-off gain of $736.0M impacting its December 31 2020 financial results.
Growing Profit Margin: TRI's current net profit margins (19.2%) are lower than last year (26.5%).
Past Earnings Growth Analysis
Earnings Trend: TRI's earnings have grown by 6.7% 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 (-26.8%) over the past year, making it difficult to compare to the Professional Services industry average (1.4%).
Return on Equity
High ROE: TRI's Return on Equity (11.5%) is considered low.
How is Thomson Reuters's financial position?
Financial Position Analysis
Short Term Liabilities: TRI's short term assets ($4.0B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: TRI's short term assets ($4.0B) do not cover its long term liabilities ($5.2B).
Debt to Equity History and Analysis
Debt Level: TRI's debt to equity ratio (37%) is considered satisfactory.
Reducing Debt: TRI's debt to equity ratio has reduced from 67.2% to 37% over the past 5 years.
Debt Coverage: TRI's debt is well covered by operating cash flow (47.3%).
Interest Coverage: TRI's interest payments on its debt are well covered by EBIT (6.1x coverage).
What is Thomson Reuters's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TRI's dividend (1.88%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: TRI's dividend (1.88%) is low compared to the top 25% of dividend payers in the US market (3.64%).
Stability and Growth of Payments
Stable Dividend: TRI's dividend payments have been volatile in the past 10 years.
Growing Dividend: TRI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.8%), TRI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TRI's dividends in 3 years are forecast to be covered by earnings (57.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Hasker (50 yo)
Mr. Stephen John Hasker, BCom, MBA, MIA, ACAA also known as Steve, serves as President, Chief Executive Officer and Director at Thomson Reuters Corporation since March 15, 2020. He served as Lead Independe...
|Vie Chairman & President of Enterprise Centre||1yr||US$4.73m||0.029% |
|Executive VP & COO of Customer Markets||10.08yrs||US$3.11m||0.0034% |
|President of Reuters News||2.25yrs||US$3.24m||0.0063% |
|President||1yr||no data||no data|
|Chief Financial Officer||1yr||no data||0.0011% |
|Chief Operations & Technology Officer||0.67yr||no data||no data|
|Chief Accounting Officer||no data||no data||0.0047% |
|Head of Investor Relations||no data||no data||no data|
|Chief Legal Officer & Company Secretary||1.42yrs||no data||0.00067% |
|Chief Communications Officer||no data||no data||no data|
|Vice President of Corporate Development||6.17yrs||no data||no data|
|Senior Director of Marketing||no data||no data||no data|
Experienced Management: TRI's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
|President||1yr||no data||no data|
|Corporate Director||5.5yrs||US$250.00k||0.0073% |
|Chairman of the Board||18.83yrs||US$600.00k||0.010% |
|Lead Independent Director||no data||US$350.00k||0.010% |
|Independent Corporate Director||9.67yrs||US$200.00k||no data|
|Independent Director||5.5yrs||US$250.00k||no data|
|Deputy Chairman of the Board||6.83yrs||US$350.00k||0.053% |
|Independent Director||1.17yrs||no data||no data|
|Independent Corporate Director||6.83yrs||US$250.00k||0.00059% |
|Independent Director||1.33yrs||US$30.14k||no data|
|Independent Director||1yr||no data||no data|
Experienced Board: TRI's board of directors are considered experienced (5.5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TRI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Thomson Reuters Corporation's company bio, employee growth, exchange listings and data sources
- Name: Thomson Reuters Corporation
- Ticker: TRI
- Exchange: NYSE
- Founded: 1799
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: CA$54.141b
- Listing Market Cap: CA$42.763b
- Shares outstanding: 495.26m
- Website: https://www.thomsonreuters.com
Number of Employees
- Thomson Reuters Corporation
- 333 Bay Street
- Suite 300
- M5H 2R2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TRI||NYSE (New York Stock Exchange)||Yes||Corporation Common Shares||US||USD||Jun 1989|
|TRI||TSX (The Toronto Stock Exchange)||Yes||Corporation Common Shares||CA||CAD||Jun 1989|
|TOCB||DB (Deutsche Boerse AG)||Yes||Corporation Common Shares||DE||EUR||Jun 1989|
|0Q89||LSE (London Stock Exchange)||Yes||Corporation Common Shares||GB||CAD||Jun 1989|
|TOCB||BST (Boerse-Stuttgart)||Yes||Corporation Common Shares||DE||EUR||Jun 1989|
|TOCB||DUSE (Dusseldorf Stock Exchange)||Yes||Corporation Common Shares||DE||EUR||Jun 1989|
Thomson Reuters Corporation provides news and business information services to professionals in the United States, Other Americas, Europe, the Middle East, Africa, and the Asia- Pacific. It operates throug...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/06 23:07|
|End of Day Share Price||2021/03/05 00:00|
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 here.