Thomson Reuters Corp
Thomson Reuters Corp provides professional information services, including legal, tax, and regulatory data, to businesses and professionals globally.
Business. Thomson Reuters Corp provides professional information services, including legal, tax, and regulatory data, to businesses and professionals globally.
Analyst recommendations
18 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
3Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Thomson Reuters Corp provides professional information services, including legal, tax, and regulatory data, to businesses and professionals globally.
Thomson Reuters Corp maintains a conservative capital structure with a debt-to-equity ratio of 0.37, indicating a relatively low reliance on debt financing. The company's liquidity position is moderate, with a current ratio of 0.97, suggesting that it has nearly enough current assets to cover its current liabilities. However, the company's net cash position is negative after subtracting total debt, which could pose a liquidity risk in the short term.
In terms of profitability, Thomson Reuters Corp generates a return on equity of 4.36% and a return on assets of 2.56%. These figures are below the industry median for return on equity and return on assets, indicating that the company is underperforming its peers in terms of capital efficiency and asset utilization.
The company's revenue is primarily derived from its professional information services, with a strong presence in legal, tax, and regulatory data markets. While the company operates globally, its revenue concentration is not disclosed in the available data, making it difficult to assess geographic exposure and potential risks from regional economic fluctuations.
Thomson Reuters Corp has demonstrated a stable growth trajectory, with a consistent revenue of $1.89 billion in the latest reporting period. Analysts project a mean price target of $125.47, suggesting a moderate growth outlook. However, the company's capital expenditure of -$145 million indicates a reduction in investment, which may affect long-term growth potential.
The company faces moderate liquidity risk due to its current ratio of 0.97 and a negative net cash position after debt. While the risk of dilution is currently low, the company's capital structure and financial flexibility should be monitored for any changes that could impact shareholder value. No recent dilutive events have been reported, and the company's dilution potential remains minimal.
Recent filings and transcripts do not indicate any significant events that would alter the company's financial or operational outlook. The company continues to focus on its core professional information services, with no major strategic shifts reported in the latest available data.
- Thomson Reuters Corp has a conservative capital structure with a debt-to-equity ratio of 0.37.
- The company's return on equity of 4.36% is below the industry median, indicating underperformance in capital efficiency.
- Analysts project a mean price target of $125.47, suggesting a moderate growth outlook.
- The company's liquidity position is moderate, with a current ratio of 0.97 and a negative net cash position after debt.
- No recent dilutive events have been reported, and the risk of dilution remains low.
- The company's capital expenditure of -$145 million indicates a reduction in investment, which may affect long-term growth potential.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Revenue $2.01B, +5,2% YoY; Operating income −25,2% YoY.
- ▍Revenue $2.01B, +5,2% YoY
- ▍Operating income −25,2% YoY
- ▍Net income −43,4% YoY
- ▍Free cash flow −61,5% YoY
- ▍Net margin 16.5%
Revenue $1.78B, +3,4% YoY; Operating income +42,9% YoY.
- ▍Revenue $1.78B, +3,4% YoY
- ▍Operating income +42,9% YoY
- ▍Net income +40,5% YoY
- ▍Free cash flow +151,0% YoY
- ▍Net margin 23.7%
Revenue $1.78B, +2,6% YoY; Operating income +5,1% YoY.
- ▍Revenue $1.78B, +2,6% YoY
- ▍Operating income +5,1% YoY
- ▍Net income −62,8% YoY
- ▍Free cash flow −82,3% YoY
- ▍Net margin 17.5%
Revenue $1.90B, +0,8% YoY; Operating income +1,1% YoY.
- ▍Revenue $1.90B, +0,8% YoY
- ▍Operating income +1,1% YoY
- ▍Net income −9,8% YoY
- ▍Free cash flow −16,7% YoY
- ▍Net margin 22.8%
Revenue $1.91B; Operating income $722.0M.
- ▍Revenue $1.91B
- ▍Operating income $722.0M
- ▍Net margin 30.7%
Revenue $1.72B; Operating income $415.0M.
- ▍Revenue $1.72B
- ▍Operating income $415.0M
- ▍Net margin 17.5%
Revenue $1.74B; Operating income $415.0M.
- ▍Revenue $1.74B
- ▍Operating income $415.0M
- ▍Net margin 48.3%
Revenue $1.89B; Operating income $557.0M.
- ▍Revenue $1.89B
- ▍Operating income $557.0M
- ▍Net margin 25.5%
Revenue $7.48B, +3,0% YoY; Operating income +1,1% YoY.
- ▍Revenue $7.48B, +3,0% YoY
- ▍Operating income +1,1% YoY
- ▍Net income −32,0% YoY
- ▍Free cash flow −45,0% YoY
- ▍Net margin 20.1%
Revenue $7.26B, +6,8% YoY; Operating income −9,6% YoY.
- ▍Revenue $7.26B, +6,8% YoY
- ▍Operating income −9,6% YoY
- ▍Net income −18,0% YoY
- ▍Free cash flow +65,3% YoY
- ▍Net margin 30.4%
Revenue $6.79B, +2,5% YoY; Operating income +27,1% YoY.
- ▍Revenue $6.79B, +2,5% YoY
- ▍Operating income +27,1% YoY
- ▍Net income +101,4% YoY
- ▍Free cash flow −23,1% YoY
- ▍Net margin 39.7%
Revenue $6.63B, +4,4% YoY; Operating income +47,7% YoY.
- ▍Revenue $6.63B, +4,4% YoY
- ▍Operating income +47,7% YoY
- ▍Net income −76,5% YoY
- ▍Free cash flow +206,2% YoY
- ▍Net margin 20.2%
Valuation TTM
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 4,41 |
| Revenue | —no estimate | —no estimate | 8,1B USD |
| Operating income | —no estimate | —no estimate | 2,4B USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Thomson Reuters Corp Market data — financials · 2026-05-29
- Thomson Reuters Corp Market data — analyst estimates · 2026-05-29
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,10 %$143M
- Investment Managers · as of 2026-03-310,04 %$284M
- Funds · as of 2026-03-310,03 %$227M
- Institutional Investor · as of 2022-09-300,03 %$0M
- Investment Managers · as of 2026-03-310,03 %$56M
- Investment Managers · as of 2026-03-310,02 %$294M
- Institutional Investor · as of 2026-03-310,01 %$42M
- Institutional Investor · as of 2026-03-310,01 %$262M
- Brokerage Firms · as of 2026-03-310,01 %$43M
- Investment Managers · as of 2026-03-310,01 %$203M
- Investment Managers · as of 2026-03-310,01 %$17M
- Investment Managers · as of 2025-12-310,01 %$762M
- Investment Managers · as of 2024-12-310,01 %$34M
- Institutional Investor · as of 2026-03-310,01 %$37M
- Investment Managers · as of 2026-03-310,01 %$34M
- Investment Managers · as of 2026-03-310,01 %$33M
- Investment Managers · as of 2024-06-300,00 %$147M
- Investment Managers · as of 2026-03-310,00 %$12M
- Brokerage Firms · as of 2026-03-310,00 %$12M
- Investment Managers · as of 2026-03-310,00 %$17M
- Investment Managers · as of 2026-03-310,00 %$7M
- Institutional Investor · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$4M
- Institutional Investor · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$2M
- Institutional Investor · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$16M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$1M
Leadership
- Steve HaskerPresident, Chief Executive Officer, Director