Thomson Reuters Corporation (TRI)
- Previous Close
170.74 - Open
170.75 - Bid 170.15 x 900
- Ask 170.26 x 900
- Day's Range
169.86 - 170.65 - 52 Week Range
117.46 - 176.03 - Volume
25,707 - Avg. Volume
356,241 - Market Cap (intraday)
76.729B - Beta (5Y Monthly) 0.41
- PE Ratio (TTM)
32.94 - EPS (TTM)
5.17 - Earnings Date Jul 31, 2024 - Aug 5, 2024
- Forward Dividend & Yield 2.16 (1.27%)
- Ex-Dividend Date May 15, 2024
- 1y Target Est
162.78
Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments. The Corporates segment provides a suite of content-driven technologies, including generative AI, integrated workflow solutions to small businesses to multinational organizations. The Tax & Accounting Professionals segment offers research and workflow products focusing on tax offerings and automating tax workflows to tax, accounting, and audit professionals in accounting firms. The Reuters News segment provides business, financial, and international news to media organizations, professional, and news consumers through Reuters News Agency, Reuters.com, Reuters Events, Thomson Reuters products, and to financial market professionals. The Global Print segment offers legal and tax information primarily in print format. The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008. The company was founded in 1851 and is based in Toronto, Canada. Thomson Reuters Corporation operates as a subsidiary of The Woodbridge Company Limited.
www.thomsonreuters.com25,600
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: TRI
Performance Overview: TRI
Trailing total returns as of 6/11/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: TRI
Valuation Measures
Market Cap
76.94B
Enterprise Value
78.84B
Trailing P/E
33.03
Forward P/E
45.87
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
11.28
Price/Book (mrq)
6.97
Enterprise Value/Revenue
11.36
Enterprise Value/EBITDA
25.08
Financial Highlights
Profitability and Income Statement
Profit Margin
34.87%
Return on Assets (ttm)
6.26%
Return on Equity (ttm)
20.18%
Revenue (ttm)
6.94B
Net Income Avi to Common (ttm)
2.37B
Diluted EPS (ttm)
5.17
Balance Sheet and Cash Flow
Total Cash (mrq)
1.92B
Total Debt/Equity (mrq)
37.11%
Levered Free Cash Flow (ttm)
1.67B
Research Analysis: TRI
Company Insights: TRI
TRI does not have Company Insights
Research Reports: TRI
Thomson Reuters Earnings: Strong Underlying Revenue Trends Across the Firm's Segments
Thomson Reuters is the result of the $17.6 billion megamerger of Canada’s Thomson and the United Kingdom’s Reuters Group in 2008. In 2021, Thomson Reuters completed the sale of Refinitiv to LSE Group. Thomson Reuters' three largest segments are its legal professionals, Tax and accounting, and corporates segments. Legal professionals is about 42% of the firm's revenue and 47% of the firm's adjusted EBITDA. Tax and accounting makes up about 20%-25% of the firm's revenue and EBITDA. Corporates, which consists of legal professionals and tax and accounting products sold to corporations, also makes up about 20%-25% of the firm's revenue and EBITDA. Thomson Reuters' smaller segments include its Reuters news business and global print business.
RatingPrice TargetThomson Reuters Earnings: Strong Underlying Revenue Trends Across the Firm's Segments
Thomson Reuters is the result of the $17.6 billion megamerger of Canada’s Thomson and the United Kingdom’s Reuters Group in 2008. In 2021, Thomson Reuters completed the sale of Refinitiv to LSE Group. Thomson Reuters' three largest segments are its legal professionals, Tax and accounting, and corporates segments. Legal professionals is about 42% of the firm's revenue and 47% of the firm's adjusted EBITDA. Tax and accounting makes up about 20%-25% of the firm's revenue and EBITDA. Corporates, which consists of legal professionals and tax and accounting products sold to corporations, also makes up about 20%-25% of the firm's revenue and EBITDA. Thomson Reuters' smaller segments include its Reuters news business and global print business.
RatingPrice TargetLowering target price to $166.00
THOMSON REUTERS CORP has an Investment Rating of BUY; a target price of $166.000000; an Industry Subrating of Medium; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Low.
RatingPrice TargetRaising target price to $169.00
THOMSON REUTERS CORP has an Investment Rating of BUY; a target price of $169.000000; an Industry Subrating of Medium; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Low.
RatingPrice Target