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TRI (Thomson Reuters Corporation) Stock Financials & Earnings | Market Cap Arena
TRI
Thomson Reuters Corporation
Mkt Cap
$46B
Industrials
·
Specialty Business Services
·
🇨🇦 Canada
·
NASDAQ
Revenue (TTM)
$7.5B
Net Income (TTM)
$1.5B
EPS (TTM)
$3.35
Free Cash Flow (TTM)
$2.0B
Gross Margin
62.6%
Op. Margin
28.5%
Net Margin
20.1%
FCF Margin
27.1%
P/S Ratio (TTM)
6.2x
P/E Ratio (TTM)
30.8x
YoY Rev Growth
+3.4%
Employees
—
Earnings Reports
▶
Q4 2025
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$1.7B
$1.4B
$508M
Q2 23
$1.6B
$1.4B
$825M
Q3 23
$1.6B
$1.3B
$441M
Q4 23
$1.8B
$1.5B
$558M
Q1 24
$1.9B
$1.5B
$557M
Q2 24
$1.7B
$1.3B
$415M
Q3 24
$1.7B
$1.3B
$415M
Q4 24
$1.9B
$1.4B
$722M
Q1 25
$1.9B
$1.5B
$563M
Q2 25
$1.8B
$1.3B
$436M
Q3 25
$1.8B
$1.4B
$593M
Q4 25
$2.0B
$546M
$546M
marketcaparena.com
Revenue Breakdown
TRI
Thomson Reuters Corporation
Revenue Breakdown
Q4 2025
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
6.9x
42.7x
Q2 23
6.9x
22.2x
Q3 23
6.9x
20.8x
Q4 23
6.8x
17.2x
Q1 24
6.7x
19.2x
Q2 24
6.6x
19.6x
Q3 24
6.5x
20.2x
Q4 24
6.4x
21.0x
Q1 25
6.4x
21.5x
Q2 25
6.3x
28.4x
Q3 25
6.3x
26.4x
Q4 25
6.2x
30.8x
marketcaparena.com
Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
$267M
$127M
Q2 23
$706M
$577M
Q3 23
$668M
$524M
Q4 23
$721M
$586M
Q1 24
$430M
$286M
Q2 24
$703M
$551M
Q3 24
$759M
$610M
Q4 24
$552M
$395M
Q1 25
$444M
$293M
Q2 25
$764M
$598M
Q3 25
$697M
$537M
Q4 25
$768M
$607M
marketcaparena.com
Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$140M
Q2 23
$129M
Q3 23
$144M
Q4 23
$135M
Q1 24
$144M
Q2 24
$152M
Q3 24
$150M
Q4 24
$157M
Q1 25
$151M
Q2 25
$166M
Q3 25
$160M
Q4 25
$160M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+3.8%
-2.4%
Q2 23
+2.0%
-32.8%
Q3 23
+1.3%
-2.0%
Q4 23
+2.8%
+10.8%
Q1 24
+8.5%
+8.0%
Q2 24
+5.6%
+61.2%
Q3 24
+8.2%
+13.5%
Q4 24
+5.2%
-5.6%
Q1 25
+0.8%
+0.7%
Q2 25
+2.6%
+1.8%
Q3 25
+3.4%
-9.2%
Q4 25
+6.9%
+25.8%
marketcaparena.com
Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$0
0.0%
Q2 23
$0
0.0%
Q3 23
$0
0.0%
Q4 23
$0
0.0%
Q1 24
$0
0.0%
Q2 24
$0
0.0%
Q3 24
$0
0.0%
Q4 24
$0
0.0%
Q1 25
$0
0.0%
Q2 25
$0
0.0%
Q3 25
$0
0.0%
Q4 25
$0
0.0%
marketcaparena.com
OpEx Breakdown
G&A
Quarter
G&A
Q1 23
$651M
Q2 23
$620M
Q3 23
$600M
Q4 23
$662M
Q1 24
$629M
Q2 24
$665M
Q3 24
$674M
Q4 24
$690M
Q1 25
$644M
Q2 25
$670M
Q3 25
$674M
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$1.6B
$84M
$1.7B
Q2 23
$2.8B
$104M
$2.9B
Q3 23
$2.4B
$118M
$2.5B
Q4 23
$1.2B
$66M
$1.3B
Q1 24
$1.9B
$18M
$1.9B
Q2 24
$1.7B
$17M
$1.7B
Q3 24
$1.6B
$12M
$1.6B
Q4 24
$1.9B
$35M
$1.9B
Q1 25
$1.4B
$35M
$1.4B
Q2 25
$665M
$63M
$728M
Q3 25
$617M
$0
$617M
Q4 25
$511M
$94M
$605M
marketcaparena.com
Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
474M
-1.1%
Q2 23
470M
-0.8%
Q3 23
456M
-3.0%
Q4 23
455M
-0.2%
Q1 24
453M
-0.5%
Q2 24
451M
-0.4%
Q3 24
450M
-0.1%
Q4 24
451M
+0.0%
Q1 25
451M
+0.1%
Q2 25
451M
+0.1%
Q3 25
450M
-0.2%
Q4 25
446M
-1.0%
marketcaparena.com