THOMSON REUTERS CORP (TRI.CA) Stock Fundamental Analysis

Canada • Toronto Stock Exchange • TSX:TRI • CA8849038085

120.18 CAD
-0.77 (-0.64%)
Last: Feb 6, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

TRI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 6 industry peers in the Professional Services industry. While TRI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. TRI has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • In the past year TRI was profitable.
  • In the past year TRI had a positive cash flow from operations.
  • Each year in the past 5 years TRI has been profitable.
  • Each year in the past 5 years TRI had a positive operating cash flow.
TRI.CA Yearly Net Income VS EBIT VS OCF VS FCFTRI.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

1.2 Ratios

  • TRI has a better Return On Assets (9.82%) than 83.33% of its industry peers.
  • With an excellent Return On Equity value of 14.91%, TRI belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 11.73%, TRI belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for TRI is in line with the industry average of 8.32%.
  • The 3 year average ROIC (9.36%) for TRI is below the current ROIC(11.73%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 9.82%
ROE 14.91%
ROIC 11.73%
ROA(3y)10.84%
ROA(5y)12.89%
ROE(3y)17.97%
ROE(5y)21.25%
ROIC(3y)9.36%
ROIC(5y)7.9%
TRI.CA Yearly ROA, ROE, ROICTRI.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

1.3 Margins

  • With an excellent Profit Margin value of 23.77%, TRI belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
  • In the last couple of years the Profit Margin of TRI has grown nicely.
  • With an excellent Operating Margin value of 29.45%, TRI belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
  • In the last couple of years the Operating Margin of TRI has grown nicely.
Industry RankSector Rank
OM 29.45%
PM (TTM) 23.77%
GM N/A
OM growth 3Y14.62%
OM growth 5Y14.34%
PM growth 3Y-30.27%
PM growth 5Y2.82%
GM growth 3YN/A
GM growth 5YN/A
TRI.CA Yearly Profit, Operating, Gross MarginsTRI.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

2.1 Basic Checks

  • TRI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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.
TRI.CA Yearly Shares OutstandingTRI.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
TRI.CA Yearly Total Debt VS Total AssetsTRI.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B 20B 25B

2.2 Solvency

  • TRI has an Altman-Z score of 5.31. This indicates that TRI is financially healthy and has little risk of bankruptcy at the moment.
  • TRI has a Altman-Z score of 5.31. This is amongst the best in the industry. TRI outperforms 100.00% of its industry peers.
  • TRI has a debt to FCF ratio of 1.33. This is a very positive value and a sign of high solvency as it would only need 1.33 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 1.33, TRI is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
  • TRI has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
  • TRI has a Debt to Equity ratio (0.16) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 1.33
Altman-Z 5.31
ROIC/WACC1.5
WACC7.8%
TRI.CA Yearly LT Debt VS Equity VS FCFTRI.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.3 Liquidity

  • TRI has a Current Ratio of 0.61. This is a bad value and indicates that TRI is not financially healthy enough and could expect problems in meeting its short term obligations.
  • TRI has a Current ratio of 0.61. This is amonst the worse of the industry: TRI underperforms 83.33% of its industry peers.
  • A Quick Ratio of 0.61 indicates that TRI may have some problems paying its short term obligations.
  • TRI has a worse Quick ratio (0.61) than 83.33% of its industry peers.
  • TRI does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
Industry RankSector Rank
Current Ratio 0.61
Quick Ratio 0.61
TRI.CA Yearly Current Assets VS Current LiabilitesTRI.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 3.71% over the past year.
  • Measured over the past years, TRI shows a very strong growth in Earnings Per Share. The EPS has been growing by 23.02% on average per year.
  • TRI shows a small growth in Revenue. In the last year, the Revenue has grown by 6.83%.
  • The Revenue has been growing slightly by 4.21% on average over the past years.
EPS 1Y (TTM)3.71%
EPS 3Y23.06%
EPS 5Y23.02%
EPS Q2Q%5.94%
Revenue 1Y (TTM)6.83%
Revenue growth 3Y4.57%
Revenue growth 5Y4.21%
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 10.21% yearly.
  • TRI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.25% yearly.
EPS Next Y4.34%
EPS Next 2Y9.32%
EPS Next 3Y10.68%
EPS Next 5Y10.21%
Revenue Next Year2.96%
Revenue Next 2Y5.32%
Revenue Next 3Y6.35%
Revenue Next 5Y7.25%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
TRI.CA Yearly Revenue VS EstimatesTRI.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2B 4B 6B 8B 10B
TRI.CA Yearly EPS VS EstimatesTRI.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2 4 6

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Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 22.46, which indicates a rather expensive current valuation of TRI.
  • Based on the Price/Earnings ratio, TRI is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
  • TRI's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.92.
  • Based on the Price/Forward Earnings ratio of 19.50, the valuation of TRI can be described as rather expensive.
  • 83.33% of the companies in the same industry are more expensive than TRI, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.78, TRI is valued a bit cheaper.
Industry RankSector Rank
PE 22.46
Fwd PE 19.5
TRI.CA Price Earnings VS Forward Price EarningsTRI.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 66.67% of the companies in the same industry are more expensive than TRI, based on the Enterprise Value to EBITDA ratio.
  • Based on the Price/Free Cash Flow ratio, TRI is valued a bit cheaper than 66.67% of the companies in the same industry.
Industry RankSector Rank
P/FCF 21.44
EV/EBITDA 13.27
TRI.CA Per share dataTRI.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TRI does not grow enough to justify the current Price/Earnings ratio.
  • The excellent profitability rating of TRI may justify a higher PE ratio.
PEG (NY)5.18
PEG (5Y)0.98
EPS Next 2Y9.32%
EPS Next 3Y10.68%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • TRI has a Yearly Dividend Yield of 2.42%.
  • The stock price of TRI dropped by -37.73% 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.
  • TRI's Dividend Yield is rather good when compared to the industry average which is at 1.87. TRI pays more dividend than 100.00% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.81, TRI pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.42%

5.2 History

  • The dividend of TRI is nicely growing with an annual growth rate of 8.41%!
  • TRI has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)8.41%
Div Incr Years0
Div Non Decr Years0
TRI.CA Yearly Dividends per shareTRI.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6

5.3 Sustainability

  • 58.13% of the earnings are spent on dividend by TRI. This is a bit on the high side, but may be sustainable.
  • TRI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP58.13%
EPS Next 2Y9.32%
EPS Next 3Y10.68%
TRI.CA Yearly Income VS Free CF VS DividendTRI.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B
TRI.CA Dividend Payout.TRI.CA Dividend Payout, showing the Payout Ratio.TRI.CA Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

THOMSON REUTERS CORP

TSX:TRI (2/6/2026, 7:00:00 PM)

120.18

-0.77 (-0.64%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)02-05
Earnings (Next)04-29
Inst Owners26.35%
Inst Owner ChangeN/A
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap53.46B
Revenue(TTM)7.26B
Net Income(TTM)1.75B
Analysts77
Price Target174.69 (45.36%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.42%
Yearly Dividend2.87
Dividend Growth(5Y)8.41%
DP58.13%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.61%
Min EPS beat(2)1.96%
Max EPS beat(2)5.25%
EPS beat(4)4
Avg EPS beat(4)4.37%
Min EPS beat(4)1.96%
Max EPS beat(4)6.03%
EPS beat(8)8
Avg EPS beat(8)6.04%
EPS beat(12)12
Avg EPS beat(12)6.89%
EPS beat(16)15
Avg EPS beat(16)6.69%
Revenue beat(2)0
Avg Revenue beat(2)-1.08%
Min Revenue beat(2)-1.33%
Max Revenue beat(2)-0.83%
Revenue beat(4)0
Avg Revenue beat(4)-1.44%
Min Revenue beat(4)-2.71%
Max Revenue beat(4)-0.83%
Revenue beat(8)1
Avg Revenue beat(8)-1.06%
Revenue beat(12)1
Avg Revenue beat(12)-1.12%
Revenue beat(16)2
Avg Revenue beat(16)-0.97%
PT rev (1m)0%
PT rev (3m)-3.96%
EPS NQ rev (1m)-0.04%
EPS NQ rev (3m)-0.61%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)0.06%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.08%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.15%
Valuation
Industry RankSector Rank
PE 22.46
Fwd PE 19.5
P/S 5.3
P/FCF 21.44
P/OCF 15.89
P/B 3.32
P/tB N/A
EV/EBITDA 13.27
EPS(TTM)5.35
EY4.45%
EPS(NY)6.16
Fwd EY5.13%
FCF(TTM)5.6
FCFY4.66%
OCF(TTM)7.56
OCFY6.29%
SpS22.69
BVpS36.18
TBVpS-2.94
PEG (NY)5.18
PEG (5Y)0.98
Graham Number65.99
Profitability
Industry RankSector Rank
ROA 9.82%
ROE 14.91%
ROCE 15.2%
ROIC 11.73%
ROICexc 12.21%
ROICexgc 127.52%
OM 29.45%
PM (TTM) 23.77%
GM N/A
FCFM 24.7%
ROA(3y)10.84%
ROA(5y)12.89%
ROE(3y)17.97%
ROE(5y)21.25%
ROIC(3y)9.36%
ROIC(5y)7.9%
ROICexc(3y)10.43%
ROICexc(5y)8.83%
ROICexgc(3y)71.36%
ROICexgc(5y)52.66%
ROCE(3y)12.07%
ROCE(5y)10.13%
ROICexgc growth 3Y134.34%
ROICexgc growth 5Y38.62%
ROICexc growth 3Y35.26%
ROICexc growth 5Y18.64%
OM growth 3Y14.62%
OM growth 5Y14.34%
PM growth 3Y-30.27%
PM growth 5Y2.82%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.41
Health
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 1.33
Debt/EBITDA 0.6
Cap/Depr 70.94%
Cap/Sales 8.64%
Interest Coverage 250
Cash Conversion 80.1%
Profit Quality 103.94%
Current Ratio 0.61
Quick Ratio 0.61
Altman-Z 5.31
F-Score6
WACC7.8%
ROIC/WACC1.5
Cap/Depr(3y)77.02%
Cap/Depr(5y)71.59%
Cap/Sales(3y)8.45%
Cap/Sales(5y)8.29%
Profit Quality(3y)83.19%
Profit Quality(5y)76.6%
High Growth Momentum
Growth
EPS 1Y (TTM)3.71%
EPS 3Y23.06%
EPS 5Y23.02%
EPS Q2Q%5.94%
EPS Next Y4.34%
EPS Next 2Y9.32%
EPS Next 3Y10.68%
EPS Next 5Y10.21%
Revenue 1Y (TTM)6.83%
Revenue growth 3Y4.57%
Revenue growth 5Y4.21%
Sales Q2Q%5.24%
Revenue Next Year2.96%
Revenue Next 2Y5.32%
Revenue Next 3Y6.35%
Revenue Next 5Y7.25%
EBIT growth 1Y12.77%
EBIT growth 3Y19.85%
EBIT growth 5Y19.16%
EBIT Next Year40.64%
EBIT Next 3Y19.57%
EBIT Next 5Y15.35%
FCF growth 1Y3.23%
FCF growth 3Y12.89%
FCF growth 5Y56.51%
OCF growth 1Y6.36%
OCF growth 3Y11.49%
OCF growth 5Y28.47%

THOMSON REUTERS CORP / TRI.CA FAQ

What is the fundamental rating for TRI stock?

ChartMill assigns a fundamental rating of 7 / 10 to TRI.CA.


What is the valuation status for TRI stock?

ChartMill assigns a valuation rating of 5 / 10 to THOMSON REUTERS CORP (TRI.CA). This can be considered as Fairly Valued.


Can you provide the profitability details for THOMSON REUTERS CORP?

THOMSON REUTERS CORP (TRI.CA) has a profitability rating of 8 / 10.


How financially healthy is THOMSON REUTERS CORP?

The financial health rating of THOMSON REUTERS CORP (TRI.CA) is 7 / 10.


Is the dividend of THOMSON REUTERS CORP sustainable?

The dividend rating of THOMSON REUTERS CORP (TRI.CA) is 8 / 10 and the dividend payout ratio is 58.13%.