THOMSON REUTERS CORP (TRI.CA) Fundamental Analysis & Valuation
TSX:TRI • CA8849038085
Current stock price
132.25 CAD
-3.1 (-2.29%)
Last:
This TRI.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. TRI.CA Profitability Analysis
1.1 Basic Checks
- TRI had positive earnings in the past year.
- In the past year TRI had a positive cash flow from operations.
- In the past 5 years TRI has always been profitable.
- In the past 5 years TRI always reported a positive cash flow from operatings.
1.2 Ratios
- TRI has a better Return On Assets (8.35%) than 80.00% of its industry peers.
- Looking at the Return On Equity, with a value of 12.57%, TRI is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
- TRI's Return On Invested Capital of 10.74% is fine compared to the rest of the industry. TRI outperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.35% | ||
| ROE | 12.57% | ||
| ROIC | 10.74% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- Looking at the Profit Margin, with a value of 20.04%, TRI is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
- In the last couple of years the Profit Margin of TRI has remained more or less at the same level.
- TRI's Operating Margin of 26.62% is fine compared to the rest of the industry. TRI outperforms 80.00% of its industry peers.
- In the last couple of years the Operating Margin of TRI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.62% | ||
| PM (TTM) | 20.04% | ||
| GM | N/A |
OM growth 3Y5.62%
OM growth 5Y6.49%
PM growth 3Y-0.18%
PM growth 5Y1.37%
GM growth 3YN/A
GM growth 5YN/A
2. TRI.CA Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TRI is creating some value.
- TRI has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
- TRI has an Altman-Z score of 5.83. This indicates that TRI is financially healthy and has little risk of bankruptcy at the moment.
- The Altman-Z score of TRI (5.83) is better than 100.00% of its industry peers.
- The Debt to FCF ratio of TRI is 1.05, which is an excellent value as it means it would take TRI, only 1.05 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of TRI (1.05) is comparable to the rest of the industry.
- TRI has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
- TRI has a better Debt to Equity ratio (0.11) than 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 1.05 | ||
| Altman-Z | 5.83 |
ROIC/WACC1.35
WACC7.94%
2.3 Liquidity
- TRI has a Current Ratio of 0.64. This is a bad value and indicates that TRI is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Current ratio value of 0.64, TRI is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
- TRI has a Quick Ratio of 0.64. This is a bad value and indicates that TRI is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Quick ratio value of 0.64, TRI is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.64 | ||
| Quick Ratio | 0.64 |
3. TRI.CA Growth Analysis
3.1 Past
- TRI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.71%.
- The Earnings Per Share has been growing by 15.30% on average over the past years. This is quite good.
- The Revenue has been growing slightly by 3.00% in the past year.
- The Revenue has been growing slightly by 4.55% on average over the past years.
EPS 1Y (TTM)3.71%
EPS 3Y13.76%
EPS 5Y15.3%
EPS Q2Q%5.94%
Revenue 1Y (TTM)3%
Revenue growth 3Y4.1%
Revenue growth 5Y4.55%
Sales Q2Q%5.24%
3.2 Future
- TRI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.90% yearly.
- Based on estimates for the next years, TRI will show a quite strong growth in Revenue. The Revenue will grow by 8.36% on average per year.
EPS Next Y15.22%
EPS Next 2Y14.34%
EPS Next 3Y11.87%
EPS Next 5Y11.9%
Revenue Next Year7.77%
Revenue Next 2Y7.82%
Revenue Next 3Y7.99%
Revenue Next 5Y8.36%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. TRI.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 24.86, which indicates a rather expensive current valuation of TRI.
- TRI's Price/Earnings is on the same level as the industry average.
- TRI's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.70.
- Based on the Price/Forward Earnings ratio of 21.58, the valuation of TRI can be described as rather expensive.
- TRI's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. TRI is cheaper than 80.00% of the companies in the same industry.
- TRI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.84, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.86 | ||
| Fwd PE | 21.58 |
4.2 Price Multiples
- The rest of the industry has a similar Enterprise Value to EBITDA ratio as TRI.
- TRI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.45 | ||
| EV/EBITDA | 15.65 |
4.3 Compensation for Growth
- TRI's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- TRI has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.63
PEG (5Y)1.63
EPS Next 2Y14.34%
EPS Next 3Y11.87%
5. TRI.CA Dividend Analysis
5.1 Amount
- TRI has a Yearly Dividend Yield of 2.14%. Purely for dividend investing, there may be better candidates out there.
- The stock price of TRI dropped by -26.48% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
- Compared to an average industry Dividend Yield of 1.38, TRI pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.89, TRI has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.14% |
5.2 History
- On average, the dividend of TRI grows each year by 8.41%, which is quite nice.
- TRI has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.41%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 69.36% of the earnings are spent on dividend by TRI. This is not a sustainable payout ratio.
- TRI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP69.36%
EPS Next 2Y14.34%
EPS Next 3Y11.87%
TRI.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:TRI (3/13/2026, 7:00:00 PM)
132.25
-3.1 (-2.29%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)02-05 2026-02-05/bmo
Earnings (Next)04-29 2026-04-29
Inst Owners26.35%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap58.85B
Revenue(TTM)7.48B
Net Income(TTM)1.50B
Analysts77
Price Target135.14 (2.19%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.14% |
Yearly Dividend2.87
Dividend Growth(5Y)8.41%
DP69.36%
Div Incr Years0
Div Non Decr Years0
Ex-Date02-17 2026-02-17 (0.655)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.1%
Min EPS beat(2)0.24%
Max EPS beat(2)1.96%
EPS beat(4)4
Avg EPS beat(4)3.37%
Min EPS beat(4)0.24%
Max EPS beat(4)6.03%
EPS beat(8)8
Avg EPS beat(8)5.12%
EPS beat(12)12
Avg EPS beat(12)6.03%
EPS beat(16)16
Avg EPS beat(16)7.12%
Revenue beat(2)0
Avg Revenue beat(2)-0.71%
Min Revenue beat(2)-0.83%
Max Revenue beat(2)-0.59%
Revenue beat(4)0
Avg Revenue beat(4)-1.37%
Min Revenue beat(4)-2.71%
Max Revenue beat(4)-0.59%
Revenue beat(8)1
Avg Revenue beat(8)-0.96%
Revenue beat(12)1
Avg Revenue beat(12)-1.11%
Revenue beat(16)1
Avg Revenue beat(16)-1.07%
PT rev (1m)-22.64%
PT rev (3m)-27.49%
EPS NQ rev (1m)-5.12%
EPS NQ rev (3m)-5.34%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.03%
Revenue NQ rev (1m)-0.34%
Revenue NQ rev (3m)-0.48%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.86 | ||
| Fwd PE | 21.58 | ||
| P/S | 5.79 | ||
| P/FCF | 21.45 | ||
| P/OCF | 16.32 | ||
| P/B | 3.63 | ||
| P/tB | N/A | ||
| EV/EBITDA | 15.65 |
EPS(TTM)5.32
EY4.02%
EPS(NY)6.13
Fwd EY4.63%
FCF(TTM)6.17
FCFY4.66%
OCF(TTM)8.1
OCFY6.13%
SpS22.85
BVpS36.42
TBVpS-2.28
PEG (NY)1.63
PEG (5Y)1.63
Graham Number66.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.35% | ||
| ROE | 12.57% | ||
| ROCE | 13.75% | ||
| ROIC | 10.74% | ||
| ROICexc | 11.21% | ||
| ROICexgc | 128.81% | ||
| OM | 26.62% | ||
| PM (TTM) | 20.04% | ||
| GM | N/A | ||
| FCFM | 26.98% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y5.62%
OM growth 5Y6.49%
PM growth 3Y-0.18%
PM growth 5Y1.37%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.11 | ||
| Debt/FCF | 1.05 | ||
| Debt/EBITDA | 0.45 | ||
| Cap/Depr | 68.17% | ||
| Cap/Sales | 8.48% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 90.79% | ||
| Profit Quality | 134.65% | ||
| Current Ratio | 0.64 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | 5.83 |
F-Score6
WACC7.94%
ROIC/WACC1.35
Cap/Depr(3y)72.35%
Cap/Depr(5y)72.5%
Cap/Sales(3y)8.28%
Cap/Sales(5y)8.3%
Profit Quality(3y)95.12%
Profit Quality(5y)81.37%
High Growth Momentum
Growth
EPS 1Y (TTM)3.71%
EPS 3Y13.76%
EPS 5Y15.3%
EPS Q2Q%5.94%
EPS Next Y15.22%
EPS Next 2Y14.34%
EPS Next 3Y11.87%
EPS Next 5Y11.9%
Revenue 1Y (TTM)3%
Revenue growth 3Y4.1%
Revenue growth 5Y4.55%
Sales Q2Q%5.24%
Revenue Next Year7.77%
Revenue Next 2Y7.82%
Revenue Next 3Y7.99%
Revenue Next 5Y8.36%
EBIT growth 1Y-5.28%
EBIT growth 3Y9.95%
EBIT growth 5Y11.34%
EBIT Next Year43.35%
EBIT Next 3Y20.42%
EBIT Next 5Y16.07%
FCF growth 1Y9.03%
FCF growth 3Y15.18%
FCF growth 5Y10.2%
OCF growth 1Y7.9%
OCF growth 3Y11.45%
OCF growth 5Y8.72%
THOMSON REUTERS CORP / TRI.CA Fundamental Analysis FAQ
What is the fundamental rating for TRI stock?
ChartMill assigns a fundamental rating of 5 / 10 to TRI.CA.
What is the valuation status for TRI stock?
ChartMill assigns a valuation rating of 3 / 10 to THOMSON REUTERS CORP (TRI.CA). This can be considered as Overvalued.
Can you provide the profitability details for THOMSON REUTERS CORP?
THOMSON REUTERS CORP (TRI.CA) has a profitability rating of 6 / 10.
How financially healthy is THOMSON REUTERS CORP?
The financial health rating of THOMSON REUTERS CORP (TRI.CA) is 4 / 10.
Is the dividend of THOMSON REUTERS CORP sustainable?
The dividend rating of THOMSON REUTERS CORP (TRI.CA) is 5 / 10 and the dividend payout ratio is 69.36%.