Thomson Reuters Corp. (TRI) financials — revenue, cash, debt and margins

Key figures

Trailing twelve months where a flow is involved, latest reported balance where it is not.

Valuation

Market cap: $43.3B
P/E (TTM): 28.90
Price / sales: 5.52
EV / EBITDA: 7.69
Price / book: 3.42

Cash flow

FCF yield: 5.2%
SBC-adjusted FCF yield: 4.4%
SBC impact: 5.0%
Stock compensation (TTM): $111M

Margins & growth

Profit margin: 21.2%
Operating margin: 29.7%
Quarterly revenue (year on year): 9.5%
Quarterly earnings (year on year): 43.1%

Balance sheet

Cash & investments: $532M
Debt: $3.2B
Net cash / (debt): -$2.6B

What it owns and what it owes

Both on one scale, because both are money — the bar that is taller is the one that matters.

Cash and debt

Cash & InvestmentsTotal Debt

Cash counts short-term investments, not just the bank balance — technology companies park most of it in marketable securities, and leaving those out understates it several times over. Debt includes lease obligations.

The rest of the series

Not on the overview because five charts is as much as one decision needs — but here in full, on one period switch. Each bar sums the four quarters ending there — a full year, brought up to today.

Total Revenue

$7.83BQ2 2026+2.2%

1Y: +7.02%2Y: +11.34%5Y: +26.92%

Everything the company sold, before any costs. Each bar sums the four quarters ending there — a full year, brought up to today.

EBITDA

$5.97B2025+110.1%

No TTM figures — showing Yearly

Operating profit before depreciation and amortisation — approximated from operating income, because no depreciation tag is reported consistently enough across filers to do better. Treat it as indicative. One bar per fiscal year, as filed. Stops at the last completed year.

Profit

$1.66BQ2 2026+8.8%21.2% of revenue

1Y: +1.65%2Y: -29.78%5Y: -75.94%

What was left after every cost, including tax. Each bar sums the four quarters ending there — a full year, brought up to today.

Profit margin

21.2%Q2 2026+6.5%

How much of every dollar of sales the company keeps as profit. A grocer keeps a few cents; a software company can keep half. Each point covers the four quarters ending there — a full year, brought up to today.

Free Cash Flow

$2.23BQ2 2026+7.7%

1Y: +18.28%2Y: +14.93%5Y: +45.03%

Cash left over after running and maintaining the business. Each bar sums the four quarters ending there — a full year, brought up to today.

Profit per share

$3.33Q4 2025-8.0%

1Y: -31.90%2Y: -42.59%5Y: +48.00%

The same profit, split across every share. If this lags the profit chart above, the company is issuing shares and your slice is getting smaller. Restated onto today’s share count, so stock splits do not show as jumps. Each bar sums the four quarters ending there — a full year, brought up to today.

Shares outstanding

449.53MQ4 2025-0.3%

How many shares the profit is divided across. Rising is dilution; falling is the company buying itself back. Restated onto today’s basis, so splits do not show as jumps. Each point covers the four quarters ending there — a full year, brought up to today.

Price to earnings

36.3xQ4 2025-9.0%

36.3x today · median 28.4x and range 8.3x–107.4x across the points shown, Q2 2018 to Q4 2025

Paid per unit of yearly profit. Periods with a loss, or profits too small for the ratio to mean anything, are left out — the line breaks rather than drawing through them. Each point covers the four quarters ending there — a full year, brought up to today.

Dividends paid

$1.04BQ4 2025+4.4%

1Y: +9.64%2Y: +16.69%5Y: +41.78%

Cash handed to shareholders. A flat line at zero means the company pays none. Each bar sums the four quarters ending there — a full year, brought up to today.

About Thomson Reuters Corp.

Ticker: TRI
SEC classification: Miscellaneous Publishing (2741)
Listed on: Nasdaq, OTC
Incorporated in: A6
Financial year ends: December 31

About this data

Everything above comes from Thomson Reuters Corp.’s own filings with the SEC, as reported. No estimates, no analyst figures, nothing adjusted.

Not reported by this filer: Cost of Revenue, Gross Profit, R&D Expense, SG&A Expense, Interest Expense, Interest Income, Net Interest Income, Non-interest Income, Non-interest Expense, Provision for Credit Losses, Deposits, Loans, Receivables, Finance Lease (current), Finance Lease Liabilities (total), and Finance Lease (noncurrent). Companies choose which XBRL tags to use, and anything untagged cannot be recovered — so these are blank rather than guessed.