Free Trial
→ Nvidia CEO Makes First Ever Tesla Announcement (From Brownstone Research) (Ad)tc pixel Free TRI Stock Alerts

Thomson Reuters (TRI) Financials

Thomson Reuters logo
$162.57 -0.88 (-0.54%)
As of 12:09 PM Eastern
Compare
Annual Income Statements for Thomson Reuters

Annual Income Statements for Thomson Reuters

This table shows Thomson Reuters' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Income / (Loss) Attributable to Common Shareholders		 3,200 1,523 4,113 1,564 1,122 5,689 1,338 3,112 2,084
Consolidated Net Income / (Loss)		 3,149 1,459 4,023 1,564 1,122 5,689 1,338 2,695 2,207
Net Income / (Loss) Continuing Operations		 2,093 637 164 1,570 1,149 5,687 1,391 3,063 2,069
Total Pre-Tax Income 		2,074 507 533 971 1,764 1,054 2,082 3,063 2,069
Total Operating Income		 2,427 1,034 780 1,199 1,929 1,242 1,834 2,332 2,109
Total Gross Profit		 3,971 1,591 1,370 1,493 1,985 1,978 2,347 2,660 2,787
Total Revenue		 12,203 5,297 5,501 5,906 5,984 6,348 6,627 6,794 7,258
Operating Revenue		 12,203 5,297 5,501 5,906 5,984 6,348 6,627 6,794 7,258
Total Cost of Revenue		 8,232 3,706 4,131 4,413 3,999 4,370 4,280 4,134 4,471
Operating Cost of Revenue		 8,232 3,706 4,131 4,413 3,999 4,370 4,280 4,134 4,471
Total Operating Expenses		 1,544 557 590 294 56 736 513 328 678
Depreciation Expense		 313 113 110 154 184 177 140 116 113
Amortization Expense		 1,239 492 509 563 608 593 584 609 709
Other Operating Expenses / (Income)		 -8.00 -48 -29 -423 -736 -34 -211 -397 -144
Total Other Income / (Expense), net		 -353 -527 -247 -228 -165 -188 248 731 -40
Interest Expense		 403 357 260 163 195 196 196 152 125
Interest & Investment Income		 - - - - - - - 883 85
Net Income / (Loss) Discontinued Operations		 - 822 3,859 -6.00 -27 2.00 -53 49 15
Weighted Average Basic Shares Outstanding		 - 709.30M 501.49M 3.13 2.31 11.52 2.87 458.96M 456.01M
Weighted Average Diluted Shares Outstanding		 - 709.30M 501.49M 3.12 2.30 11.50 2.86 458.96M 456.01M
Weighted Average Basic & Diluted Shares Outstanding		 - 709.30M 501.49M 497.46M 497.12M 486.09M 482.06M 458.96M 456.01M

Quarterly Income Statements for Thomson Reuters

No quarterly income statements for Thomson Reuters are available.

Annual Cash Flow Statements for Thomson Reuters

This table details how cash moves in and out of Thomson Reuters' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Net Change in Cash & Equivalents		 1,458 -1,508 1,855 -1,883 963 -1,009 291 2,739 393
Net Cash From Operating Activities		 2,984 2,029 2,062 702 1,745 1,773 1,915 2,341 2,457
Net Cash From Continuing Operating Activities		 2,900 630 892 866 1,762 1,841 1,982 2,327 2,469
Net Income / (Loss) Continuing Operations		 1,056 637 164 1,570 1,149 5,687 1,391 2,646 2,192
Consolidated Net Income / (Loss)		 1,056 637 164 1,570 1,149 5,687 1,391 2,646 2,192
Depreciation Expense		 313 113 110 154 184 177 140 116 113
Non-Cash Adjustments To Reconcile Net Income		 -3.00 -536 -84 -411 -369 -5,448 -141 121 135
Changes in Operating Assets and Liabilities, net		 295 -76 193 -1,010 -354 - - -90 -640
Net Cash From Discontinued Operating Activities		 84 1,399 1,170 -164 -17 -68 -67 14 -12
Net Cash From Investing Activities		 2,186 -1,047 14,729 -1,384 -138 -504 -462 3,513 680
Net Cash From Continuing Investing Activities		 -972 -453 -1,003 -1,413 -138 -252 -446 3,514 680
Purchase of Property, Plant & Equipment		 -905 -519 -576 -505 -504 -487 -595 -544 -607
Acquisitions		 -112 -2.00 -478 -998 -167 -18 -191 -1,216 -622
Divestitures		 5.00 50 6.00 74 367 -822 209 -287 9.00
Sale and/or Maturity of Investments		 - - - - - 994 43 5,424 1,854
Other Investing Activities, net		 40 18 18 9.00 4.00 81 88 137 46
Net Cash From Discontinued Investing Activities		 3,158 -594 15,732 29 0.00 -252 -16 -1.00 0.00
Net Cash From Financing Activities		 -3,712 -2,490 -14,936 -1,201 -644 -2,273 -1,156 -5,626 -2,459
Net Cash From Continuing Financing Activities		 -3,712 -2,490 -14,876 -1,201 -644 -2,273 -1,156 -3,581 -2,075
Repayment of Debt		 -1,541 -2,112 -5,380 -51 -1,722 -109 977 -1,614 -492
Repurchase of Common Equity		 -1,673 -1,000 -9,962 -488 -200 -1,400 -1,282 -1,079 -639
Payment of Dividends		 -982 -958 -903 -701 -732 -775 -837 -892 -949
Other Financing Activities, net		 -14 -61 -1.00 39 -9.00 11 -14 4.00 5.00
Cash Interest Paid		 347 374 296 189 164 165 168 201 149
Cash Interest Received		 - 8.00 40 44 8.00 3.00 8.00 81 74
Cash Income Taxes Paid		 347 191 308 314 164 1,066 216 869 551

Quarterly Cash Flow Statements for Thomson Reuters

No quarterly cash flow statements for Thomson Reuters are available.

Annual Balance Sheets for Thomson Reuters

This table presents Thomson Reuters' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Total Assets		 27,852 26,480 17,018 17,295 17,881 22,149 21,711 18,684 18,437
Total Current Assets		 4,634 2,977 4,521 3,071 3,975 2,453 2,811 2,921 3,490
Cash & Equivalents		 2,368 874 2,706 825 1,787 778 1,069 1,298 1,968
Accounts Receivable		 1,392 1,457 1,313 1,167 1,151 1,057 1,069 1,122 1,087
Prepaid Expenses		 686 548 426 546 425 510 469 435 400
Other Current Assets		 188 98 76 533 612 108 204 66 35
Plant, Property, & Equipment, net		 961 921 473 615 545 502 414 447 386
Plant, Property & Equipment, gross		 961 921 473 615 545 502 414 447 386
Total Noncurrent Assets		 22,257 22,582 12,024 13,609 13,361 19,194 18,486 15,316 14,561
Long-Term Investments		 - 167 2,186 1,551 1,136 6,736 6,199 2,030 269
Goodwill		 14,485 15,042 5,076 5,853 5,976 5,940 5,869 6,719 7,262
Intangible Assets		 7,049 6,773 4,232 4,418 4,257 4,153 4,154 4,401 4,587
Noncurrent Deferred & Refundable Income Taxes		 51 79 31 1,176 1,204 1,139 1,118 1,104 1,376
Other Noncurrent Operating Assets		 672 521 499 611 788 1,226 1,146 1,062 1,067
Total Liabilities & Shareholders' Equity		 27,852 26,480 17,018 17,295 17,881 22,149 21,711 18,684 18,437
Total Liabilities		 14,596 12,905 7,808 7,735 7,901 8,315 9,826 7,620 6,431
Total Current Liabilities		 4,562 4,796 2,691 3,219 2,652 2,581 4,891 3,233 3,436
Accounts Payable		 2,448 2,086 1,778 1,373 1,159 1,363 1,222 1,114 1,091
Other Current Liabilities		 1,003 1,066 910 1,267 376 175 812 507 113
Total Noncurrent Liabilities		 10,034 8,109 5,117 4,516 5,249 5,734 4,935 4,387 2,995
Noncurrent Deferred & Payable Income Tax Liabilities		 1,158 708 780 576 394 1,005 897 553 241
Other Noncurrent Operating Liabilities		 8,876 7,401 4,337 3,940 4,855 4,729 4,038 3,834 2,754
Total Equity & Noncontrolling Interests		 13,256 13,575 9,210 9,560 9,980 13,834 11,885 11,064 12,006
Total Preferred & Common Equity		 12,773 13,077 9,210 9,560 9,980 13,834 11,885 11,064 12,006
Total Common Equity		 12,773 13,077 9,210 9,560 9,980 13,834 11,885 11,064 12,006
Retained Earnings		 17,066 16,750 10,087 10,342 10,669 14,645 13,040 12,085 13,197
Accumulated Other Comprehensive Income / (Loss)		 -4,293 -3,673 -877 -782 -689 -811 -1,155 -1,021 -1,191

Quarterly Balance Sheets for Thomson Reuters

This table presents Thomson Reuters' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q4 2022 Q4 2023 Q4 2024
Period end date 12/31/2022 12/31/2023 12/31/2024
Total Assets		 21,711 18,684 18,437
Total Current Assets		 2,811 2,921 3,490
Cash & Equivalents		 1,069 1,298 1,968
Accounts Receivable		 1,069 1,122 1,087
Prepaid Expenses		 469 435 400
Other Current Assets		 204 66 35
Plant, Property, & Equipment, net		 414 447 386
Plant, Property & Equipment, gross		 414 447 386
Total Noncurrent Assets		 18,486 15,316 14,561
Long-Term Investments		 6,199 2,030 269
Goodwill		 5,869 6,719 7,262
Intangible Assets		 4,154 4,401 4,587
Noncurrent Deferred & Refundable Income Taxes		 1,118 1,104 1,376
Other Noncurrent Operating Assets		 1,146 1,062 1,067
Total Liabilities & Shareholders' Equity		 21,711 18,684 18,437
Total Liabilities		 9,826 7,620 6,431
Total Current Liabilities		 4,891 3,233 3,436
Accounts Payable		 1,222 1,114 1,091
Other Current Liabilities		 812 507 113
Total Noncurrent Liabilities		 4,935 4,387 2,995
Noncurrent Deferred & Payable Income Tax Liabilities		 897 553 241
Other Noncurrent Operating Liabilities		 4,038 3,834 2,754
Total Equity & Noncontrolling Interests		 11,885 11,064 12,006
Total Preferred & Common Equity		 11,885 11,064 12,006
Total Common Equity		 11,885 11,064 12,006
Retained Earnings		 13,040 12,085 13,197
Accumulated Other Comprehensive Income / (Loss)		 -1,155 -1,021 -1,191

Annual Metrics And Ratios for Thomson Reuters

This table displays calculated financial ratios and metrics derived from Thomson Reuters' official financial filings.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024
Growth Metrics		 - - - - - - - - -
Revenue Growth		 0.00% -56.59% 7.70% 14.72% 1.32% 6.08% 4.40% 2.52% 6.83%
EBITDA Growth		 0.00% -63.54% 151.19% 62.18% 48.62% -26.57% 48.61% -18.45% -9.23%
EBIT Growth		 0.00% -65.12% -16.44% 43.00% 72.75% -36.19% 82.24% 2.37% -9.56%
NOPAT Growth		 0.00% -46.52% -111.12% 361.00% -30.88% -135.20% 346.43% 45.22% -9.56%
Net Income Growth		 0.00% -53.67% 175.74% -122.25% -28.26% 407.04% -76.48% 101.42% -18.11%
EPS Growth		 0.00% 0.00% 0.00% -94.22% -27.65% 411.11% -76.48% 0.00% 0.00%
Operating Cash Flow Growth		 0.00% -32.00% 1.63% -65.96% 148.58% 1.60% 8.01% 22.25% 4.96%
Free Cash Flow Firm Growth		 0.00% 0.00% 2,594.82% -213.54% 288.60% -88.94% 838.02% -69.36% -218.78%
Invested Capital Growth		 0.00% 18.16% -69.52% 79.66% 5.29% -9.92% 1.51% 25.07% 28.38%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - - - - - - -
Gross Margin		 32.54% 30.04% 49.81% 50.56% 33.17% 31.16% 35.42% 39.15% 38.40%
EBITDA Margin		 33.02% 27.73% 51.34% 31.34% 45.97% 31.82% 45.30% 36.03% 30.61%
Operating Margin		 19.89% 19.52% 28.36% 40.60% 32.24% 19.57% 27.67% 34.32% 29.06%
EBIT Margin		 20.30% 16.31% 14.42% 38.40% 32.74% 19.69% 34.37% 34.32% 29.06%
Profit (Net Income) Margin		 25.81% 27.54% 146.26% 53.26% 18.75% 89.62% 20.19% 39.67% 30.41%
Tax Burden Percent		 151.83% 287.77% 1,509.57% 161.07% 63.61% 539.75% 64.27% 87.99% 106.67%
Interest Burden Percent		 83.73% 58.68% 67.21% 171.25% 90.05% 84.32% 91.40% 131.35% 98.10%
Effective Tax Rate		 -0.72% -26.43% 51.03% -123.38% 4.02% 152.47% 12.44% 0.00% 0.00%
Return on Invested Capital (ROIC)		 20.37% 9.99% 6.28% 88.66% 23.23% -8.39% 21.65% 27.73% 19.76%
ROIC Less NNEP Spread (ROIC-NNEP)		 -35.67% -36.41% -154.34% 155.32% 63.72% -161.60% 26.57% 15.88% 8.37%
Return on Net Nonoperating Assets (RNNOA)		 3.38% 0.89% 29.03% -55.33% -11.75% 56.17% -11.24% -4.24% -0.62%
Return on Equity (ROE)		 23.76% 10.88% 35.31% 16.66% 11.48% 47.78% 10.40% 23.49% 19.13%
Cash Return on Invested Capital (CROIC)		 0.00% -6.66% 112.85% -12.64% 18.08% 2.05% 20.15% 5.45% -5.10%
Operating Return on Assets (OROA)		 8.89% 3.18% 3.65% 13.22% 11.14% 6.25% 10.39% 11.55% 11.36%
Return on Assets (ROA)		 11.31% 5.37% 36.99% 18.23% 6.38% 28.42% 6.10% 13.34% 11.89%
Return on Common Equity (ROCE)		 22.89% 10.48% 69.08% 33.33% 11.48% 47.78% 10.40% 23.49% 19.13%
Return on Equity Simple (ROE_SIMPLE)		 24.65% 11.16% 147.85% 32.72% 11.24% 41.12% 11.26% 24.36% 18.38%
Net Operating Profit after Tax (NOPAT)		 2,445 1,307 581 2,678 1,851 -652 1,606 2,332 2,109
NOPAT Margin		 20.03% 24.68% 10.56% 45.35% 30.94% -10.27% 24.23% 34.32% 29.06%
Net Nonoperating Expense Percent (NNEP)		 56.04% 46.40% 160.62% -62.00% -40.49% 153.21% -4.92% 11.85% 11.39%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - 21.08% 17.57%
Cost of Revenue to Revenue		 67.46% 69.96% 150.19% 74.72% 66.83% 68.84% 64.58% 60.85% 61.60%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 12.65% 10.52% 10.73% 10.01% 0.94% 11.59% 7.74% 4.83% 9.34%
Earnings before Interest and Taxes (EBIT)		 2,477 864 793 1,134 1,959 1,250 2,278 2,332 2,109
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 4,029 1,469 1,412 1,851 2,751 2,020 3,002 2,448 2,222
Valuation Ratios		 - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 2.97 3.38 3.75 4.01 4.42 6.04 6.11
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 14.84 28.18 0.00 467.23
Price to Revenue (P/Rev)		 0.00 0.00 4.98 5.48 6.26 8.75 7.92 9.84 10.11
Price to Earnings (P/E)		 0.00 0.00 6.66 20.68 33.37 9.76 39.22 21.47 35.20
Dividend Yield		 3.76% 3.72% 13.74% 2.23% 2.02% 1.45% 1.65% 1.39% 1.35%
Earnings Yield		 0.00% 0.00% 15.01% 4.84% 3.00% 10.25% 2.55% 4.66% 2.84%
Enterprise Value to Invested Capital (EV/IC)		 0.00 0.00 5.21 8.47 4.22 6.52 6.05 6.79 5.93
Enterprise Value to Revenue (EV/Rev)		 0.00 0.00 4.09 10.70 5.77 7.56 6.82 9.35 9.80
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 15.94 34.15 12.55 23.76 15.06 25.94 32.01
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 28.38 55.74 17.62 38.40 19.84 27.23 33.72
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 38.74 11.40 18.64 0.00 28.15 27.23 33.72
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 10.91 90.04 19.78 27.07 23.61 27.12 28.94
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 2.16 0.00 23.96 301.22 30.24 138.64 0.00
Leverage & Solvency		 - - - - - - - - -
Debt to Equity		 0.08 0.12 0.00 0.12 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 -0.09 -0.02 -0.19 -0.36 -0.18 -0.35 -0.42 -0.27 -0.07
Leverage Ratio		 2.10 2.03 3.82 1.83 1.80 1.68 1.71 1.76 1.61
Compound Leverage Factor		 1.76 1.19 7.13 3.13 1.62 1.42 1.56 2.31 1.58
Debt to Total Capital		 7.73% 10.80% 0.03% 5.71% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 7.73% 10.80% 0.03% 5.71% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 3.36% 3.27% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 88.91% 85.93% 199.93% 94.29% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA		 0.28 1.12 0.00 0.31 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 -0.31 0.41 -3.46 -1.94 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.45 1.26 0.01 0.22 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 -0.51 0.46 -9.48 -1.34 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 0.00 0.00 3.54 7.96 4.46 5.40 4.58 6.92 8.62
Noncontrolling Interest Sharing Ratio		 3.64% 3.66% 2.19% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - -
Current Ratio		 1.02 0.62 1.68 0.95 1.50 0.95 0.57 0.90 1.02
Quick Ratio		 0.82 0.49 2.99 0.62 1.11 0.71 0.44 0.75 0.89
Cash Flow Metrics		 - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -872 10,438 -764 1,440 159 1,495 458 -544
Operating Cash Flow to CapEx		 329.72% 390.94% 375.59% 140.96% 510.23% 364.07% 321.85% 430.33% 404.78%
Free Cash Flow to Firm to Interest Expense		 0.00 -2.44 93.86 -8.50 7.39 0.81 7.63 3.01 -4.35
Operating Cash Flow to Interest Expense		 7.40 5.68 23.02 4.31 8.95 9.05 9.77 15.40 19.66
Operating Cash Flow Less CapEx to Interest Expense		 5.16 4.23 5.82 2.50 7.19 6.56 6.73 11.82 14.80
Efficiency Ratios		 - - - - - - - - -
Asset Turnover		 0.44 0.20 0.51 0.69 0.34 0.32 0.30 0.34 0.39
Accounts Receivable Turnover		 8.77 3.72 3.97 9.53 5.16 5.75 6.23 6.20 6.57
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 12.70 5.63 7.89 21.71 10.32 12.13 14.47 15.78 17.43
Accounts Payable Turnover		 3.36 1.63 4.28 2.80 3.16 3.47 3.31 3.54 4.06
Days Sales Outstanding (DSO)		 41.64 98.16 91.90 154.12 70.69 63.48 58.55 58.85 55.54
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 108.54 223.27 170.70 260.62 115.55 105.32 110.22 103.13 90.01
Cash Conversion Cycle (CCC)		 -66.91 -125.12 -157.62 -107.35 -44.86 -41.85 -51.68 -44.27 -34.46
Capital & Investment Metrics		 - - - - - - - - -
Invested Capital		 11,999 14,178 4,321 7,763 8,174 7,363 7,474 9,348 12,001
Invested Capital Turnover		 1.02 0.40 0.59 0.98 0.75 0.82 0.89 0.81 0.68
Increase / (Decrease) in Invested Capital		 0.00 2,179 -9,857 3,442 411 -811 111 1,874 2,653
Enterprise Value (EV)		 0.00 0.00 22,504 30,540 34,513 48,002 45,206 63,495 71,118
Market Capitalization		 0.00 0.00 27,393 32,337 37,436 55,516 52,474 66,823 73,355
Book Value per Share		 $0.00 $18.44 $12.98 $19.06 $20.06 $27.83 $24.45 $22.95 $26.16
Tangible Book Value per Share		 $0.00 ($12.32) ($0.14) ($1.42) ($0.51) $7.53 $3.83 ($0.12) $0.34
Total Capital		 14,367 15,219 9,213 10,139 9,980 13,834 11,885 11,064 12,006
Total Debt		 1,111 1,644 3.00 579 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -1,257 603 -4,889 -1,797 -2,923 -7,514 -7,268 -3,328 -2,237
Capital Expenditures (CapEx)		 905 519 549 498 342 487 595 544 607
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -1,185 -1,049 -873 -394 -464 -906 -3,149 -1,610 -1,914
Debt-free Net Working Capital (DFNWC)		 1,183 -175 1,833 431 1,323 -128 -2,080 -312 54
Net Working Capital (NWC)		 72 -1,819 1,830 -148 1,323 -128 -2,080 -312 54
Net Nonoperating Expense (NNE)		 -704 -152 -3,442 1,114 729 -6,341 268 -363 -98
Net Nonoperating Obligations (NNO)		 -1,257 603 -4,889 -1,797 -1,806 -6,471 -4,411 -1,716 -5.00
Total Depreciation and Amortization (D&A)		 1,552 605 619 717 792 770 724 116 113
Debt-free, Cash-free Net Working Capital to Revenue		 -9.71% -19.80% -31.74% -13.34% -7.75% -14.27% -47.52% -23.70% -26.37%
Debt-free Net Working Capital to Revenue		 9.69% -3.30% 33.32% 7.30% 22.11% -2.02% -31.39% -4.59% 0.74%
Net Working Capital to Revenue		 0.59% -49.65% 33.27% -5.01% 22.11% -2.02% -31.39% -4.59% 0.74%
Earnings Adjustments		 - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.00 $0.00 $0.00 $3.24 $2.33 $11.96 $2.86 $5.81 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 0.00 620.79M 483.42M 479.53M 2.00 11.00 3.00 6.00 456.01M
Adjusted Diluted Earnings per Share		 $0.00 $0.00 $0.00 $3.23 $2.33 $11.93 $2.85 $5.80 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 0.00 620.79M 483.42M 479.53M 2.00 11.00 3.00 6.00 456.01M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 0.00 620.79M 483.42M 479.53M 479.20M 468.57M 464.68M 458.96M 456.01M
Normalized Net Operating Profit after Tax (NOPAT)		 1,699 724 581 839 1,851 869 1,606 1,632 1,476
Normalized NOPAT Margin		 13.92% 13.66% 21.12% 39.72% 30.94% 13.70% 24.23% 24.03% 20.34%
Pre Tax Income Margin		 17.00% 9.57% 60.14% 16.44% 29.48% 16.60% 31.42% 45.08% 28.51%
Debt Service Ratios		 - - - - - - - - -
EBIT to Interest Expense		 6.15 2.42 6.10 13.91 10.05 6.38 11.62 15.34 16.87
NOPAT to Interest Expense		 6.07 3.66 4.47 32.86 9.49 -3.32 8.19 15.34 16.87
EBIT Less CapEx to Interest Expense		 3.90 0.97 0.94 3.90 8.29 3.89 8.59 11.76 12.02
NOPAT Less CapEx to Interest Expense		 3.82 2.21 0.12 26.75 7.74 -5.81 5.16 11.76 12.02
Payout Ratios		 - - - - - - - - -
Dividend Payout Ratio		 31.18% 65.66% 22.45% 44.82% 65.24% 13.62% 62.56% 33.10% 43.00%
Augmented Payout Ratio		 84.31% 134.20% 540.14% 152.05% 83.07% 38.23% 158.37% 73.14% 71.95%

Quarterly Metrics And Ratios for Thomson Reuters

No quarterly metrics and ratios for Thomson Reuters are available.


Financials Breakdown Chart

Key Financial Trends

Thomson Reuters (NYSE: TRI) shows several key financial trends over the last three years as reflected in their year-end balance sheets from 2022 through 2024.

  • Cash & Equivalents increased significantly from $1.07 billion in 2022 to $1.97 billion in 2024, enhancing liquidity.
  • Goodwill rose steadily from $5.87 billion at the end of 2022 to $7.26 billion in 2024, indicating potential strategic acquisitions or business growth.
  • Intangible Assets also grew from $4.15 billion in 2022 to $4.59 billion in 2024, supporting the company's intellectual property and brand value.
  • Retained Earnings showed steady growth from $13.04 billion in 2022 to $13.20 billion in 2024, reflecting accumulated profits.
  • Total Assets declined from $21.71 billion in 2022 to $18.44 billion in 2024, which may require further investigation into asset disposals or revaluations.
  • Total Liabilities decreased from $9.83 billion in 2022 to $6.43 billion in 2024, indicating potentially improved leverage or debt reduction.
  • Total Equity remained fairly stable around $11.88 billion in 2022 to $12.01 billion in 2024, maintaining a solid equity base.
  • Plant, Property & Equipment, net dropped from $414 million in 2022 to $386 million in 2024, signaling possible lower investment in fixed assets.
  • Other Current Assets shrank from $204 million in 2022 to $35 million in 2024, which could affect short-term operational flexibility.
  • Accumulated Other Comprehensive Income/(Loss) remains negative and worsened from -$1.16 billion in 2022 to -$1.19 billion in 2024, potentially reflecting unfavorable foreign currency translation or other comprehensive loss factors.

Overall, Thomson Reuters demonstrates improved liquidity and declining liabilities over the period, but the reduction in total assets and some asset categories may warrant further analysis. The rise in goodwill and intangible assets suggest investments in strategic growth areas. Investors should watch for how these balance sheet changes align with revenue and profit trends to assess the company’s financial health fully.

10/24/25 12:31 PM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Thomson Reuters' Financials

When does Thomson Reuters' fiscal year end?

According to the most recent income statement we have on file, Thomson Reuters' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Thomson Reuters' net income changed over the last 8 years?

Thomson Reuters' net income were at $2.21 billion at the end of 2024, a 18.1% decrease from 2023, and a 29.9% decrease since 2016. See Thomson Reuters' forecast for analyst expectations on what’s next for the company.

What is Thomson Reuters' operating income?
Thomson Reuters' total operating income in 2024 was $2.11 billion, based on the following breakdown:
  • Total Gross Profit: $2.79 billion
  • Total Operating Expenses: $678 million
How has Thomson Reuters' revenue changed over the last 8 years?

Over the last 8 years, Thomson Reuters' total revenue changed from $12.20 billion in 2016 to $7.26 billion in 2024, a change of -40.5%.

How much debt does Thomson Reuters have?

Thomson Reuters' total liabilities were at $6.43 billion at the end of 2024, a 15.6% decrease from 2023, and a 55.9% decrease since 2016.

How much cash does Thomson Reuters have?

In the past 8 years, Thomson Reuters' cash and equivalents has ranged from $778 million in 2021 to $2.71 billion in 2018, and is currently $1.97 billion as of their latest financial filing in 2024.

How has Thomson Reuters' book value per share changed over the last 8 years?

Over the last 8 years, Thomson Reuters' book value per share changed from 0.00 in 2016 to 26.16 in 2024, a change of 2,615.9%.


Related Companies

This page (NASDAQ:TRI) was last updated on 10/24/2025 by MarketBeat.com Staff
From Our Partners
Your Bank Account Is No Longer Safe
What If Washington Declared That: YOUR Money ISN'T Actually Yours? Sounds insane, but that's exactly what ...
Priority Gold | Sponsoredtc pixel
$4,200 gold is nice ... but here’s what most gold bugs are missing
Gold just surged past $4,200, but Weiss Ratings expert Sean Brodrick says the real upside is in select gold st...
Weiss Ratings | Sponsoredtc pixel
What a Former CIA Agent Knows About the Coming Collapse
This isn’t just another gold investing book—it’s a survival playbook written by a former CIA officer trained...
Advantage Gold | Sponsoredtc pixel
NEW LAW: Congress Approves Setup For Digital Dollar?
Trump Ally Says Congress Approved the Setup for a Digital Dollar 2.0 But according to Rep. Marjorie Taylor ...
Goldco Precious Metals | Sponsoredtc pixel
Refund From 1933: Trump’s Reset May Create Instant Wealth
Trump's Reset Can Give Birth To America's Greatest Era Yet A 90-Year cycle may end soon, creating real weal...
American Hartford Gold | Sponsoredtc pixel
3..2..1.. AI 2.0 ignition (don’t sleep on this)
I just put together an urgent new presentation that you need to see right away. In short: I believe we are...
Timothy Sykes | Sponsoredtc pixel
Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why
Imagine a bull market so powerful, every single investor became a millionaire. Not by finding the next NVIDIA ...
Banyan Hill Publishing | Sponsoredtc pixel
It’s Time to Buy “the NVIDIA of Quantum Computing”
Yahoo Finance wrote that investing in quantum computing could... "Lead to life-changing returns... and make...
Brownstone Research | Sponsoredtc pixel