THOMSON REUTERS CORP (TRI) Fundamental Analysis & Valuation

NASDAQ:TRI • CA8849038085

105.46 USD
+5.97 (+6%)
At close: Mar 3, 2026
105.46 USD
0 (0%)
Pre-Market: 3/4/2026, 7:35:11 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This TRI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

5

Taking everything into account, TRI scores 5 out of 10 in our fundamental rating. TRI was compared to 88 industry peers in the Professional Services industry. Both the profitability and the financial health of TRI get a neutral evaluation. Nothing too spectacular is happening here. TRI is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

6

1. TRI 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.
  • Each year in the past 5 years TRI has been profitable.
  • TRI had a positive operating cash flow in each of the past 5 years.
TRI Yearly Net Income VS EBIT VS OCF VS FCFTRI 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 (8.35%) than 76.14% of its industry peers.
  • TRI has a Return On Equity of 12.57%. This is in the better half of the industry: TRI outperforms 60.23% of its industry peers.
  • With a decent Return On Invested Capital value of 10.74%, TRI is doing good in the industry, outperforming 71.59% of the companies in the same industry.
Industry RankSector 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
TRI Yearly ROA, ROE, ROICTRI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

1.3 Margins

  • The Profit Margin of TRI (20.04%) is better than 88.64% of its industry peers.
  • In the last couple of years the Profit Margin of TRI has remained more or less at the same level.
  • TRI has a Operating Margin of 26.62%. This is amongst the best in the industry. TRI outperforms 92.05% of its industry peers.
  • TRI's Operating Margin has improved in the last couple of years.
Industry RankSector 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
TRI Yearly Profit, Operating, Gross MarginsTRI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. TRI 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.
  • There is no outstanding debt for TRI. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
TRI Yearly Shares OutstandingTRI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
TRI Yearly Total Debt VS Total AssetsTRI 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 6.09. This indicates that TRI is financially healthy and has little risk of bankruptcy at the moment.
  • TRI has a better Altman-Z score (6.09) than 86.36% of its industry peers.
  • TRI has a debt to FCF ratio of 1.05. This is a very positive value and a sign of high solvency as it would only need 1.05 years to pay back of all of its debts.
  • The Debt to FCF ratio of TRI (1.05) is better than 77.27% of its industry peers.
  • TRI has a Debt/Equity ratio of 0.11. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.11, TRI is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.11
Debt/FCF 1.05
Altman-Z 6.09
ROIC/WACC1.36
WACC7.92%
TRI Yearly LT Debt VS Equity VS FCFTRI 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

  • A Current Ratio of 0.64 indicates that TRI may have some problems paying its short term obligations.
  • TRI has a worse Current ratio (0.64) than 88.64% of its industry peers.
  • 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.
  • The Quick ratio of TRI (0.64) is worse than 87.50% of its industry peers.
Industry RankSector Rank
Current Ratio 0.64
Quick Ratio 0.64
TRI Yearly Current Assets VS Current LiabilitesTRI 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. TRI Growth Analysis

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 quite strong growth in Earnings Per Share. The EPS has been growing by 15.30% on average per year.
  • The Revenue has been growing slightly by 3.00% in the past year.
  • TRI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.55% yearly.
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

  • Based on estimates for the next years, TRI will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.90% on average per year.
  • The Revenue is expected to grow by 8.36% on average over the next years. This is quite good.
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.
TRI Yearly Revenue VS EstimatesTRI 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 Yearly EPS VS EstimatesTRI 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

3

4. TRI Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 26.97, TRI can be considered very expensive at the moment.
  • The rest of the industry has a similar Price/Earnings ratio as TRI.
  • When comparing the Price/Earnings ratio of TRI to the average of the S&P500 Index (26.83), we can say TRI is valued inline with the index average.
  • A Price/Forward Earnings ratio of 23.41 indicates a rather expensive valuation of TRI.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of TRI is on the same level as its industry peers.
  • TRI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.95, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 26.97
Fwd PE 23.41
TRI Price Earnings VS Forward Price EarningsTRI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • TRI's Enterprise Value to EBITDA ratio is in line with the industry average.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as TRI.
Industry RankSector Rank
P/FCF 23.27
EV/EBITDA 16.56
TRI Per share dataTRI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15 20 25

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The decent profitability rating of TRI may justify a higher PE ratio.
PEG (NY)1.77
PEG (5Y)1.76
EPS Next 2Y14.34%
EPS Next 3Y11.87%

More info and screens

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

5

5. TRI Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 2.14%, TRI has a reasonable but not impressive dividend return.
  • The stock price of TRI dropped by -20.96% 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 1.64, TRI pays a better dividend. On top of this TRI pays more dividend than 81.82% of the companies listed in the same industry.
  • TRI's Dividend Yield is comparable with the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 2.14%

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 Yearly Dividends per shareTRI Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6

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 Yearly Income VS Free CF VS DividendTRI 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 Dividend Payout.TRI Dividend Payout, showing the Payout Ratio.TRI Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

TRI Fundamentals: All Metrics, Ratios and Statistics

THOMSON REUTERS CORP

NASDAQ:TRI (3/3/2026, 8:00:01 PM)

Premarket: 105.46 0 (0%)

105.46

+5.97 (+6%)

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 Change1.16%
Ins Owners0.08%
Ins Owner ChangeN/A
Market Cap46.93B
Revenue(TTM)7.48B
Net Income(TTM)1.50B
Analysts77
Price Target98.59 (-6.51%)
Short Float %11.33%
Short Ratio6.03
Dividend
Industry RankSector Rank
Dividend Yield 2.14%
Yearly Dividend2.1
Dividend Growth(5Y)8.41%
DP69.36%
Div Incr Years0
Div Non Decr Years0
Ex-Date02-17
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)-26.34%
PT rev (3m)-25.77%
EPS NQ rev (1m)-5.12%
EPS NQ rev (3m)-5.34%
EPS NY rev (1m)0%
EPS NY rev (3m)1.36%
Revenue NQ rev (1m)-0.34%
Revenue NQ rev (3m)-0.48%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.16%
Valuation
Industry RankSector Rank
PE 26.97
Fwd PE 23.41
P/S 6.28
P/FCF 23.27
P/OCF 17.7
P/B 3.94
P/tB N/A
EV/EBITDA 16.56
EPS(TTM)3.91
EY3.71%
EPS(NY)4.51
Fwd EY4.27%
FCF(TTM)4.53
FCFY4.3%
OCF(TTM)5.96
OCFY5.65%
SpS16.8
BVpS26.77
TBVpS-1.68
PEG (NY)1.77
PEG (5Y)1.76
Graham Number48.53
Profitability
Industry RankSector 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 RankSector 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 6.09
F-Score6
WACC7.92%
ROIC/WACC1.36
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 FAQ

What is the fundamental rating for TRI stock?

ChartMill assigns a fundamental rating of 5 / 10 to TRI.


What is the valuation status for TRI stock?

ChartMill assigns a valuation rating of 3 / 10 to THOMSON REUTERS CORP (TRI). This can be considered as Overvalued.


Can you provide the profitability details for THOMSON REUTERS CORP?

THOMSON REUTERS CORP (TRI) has a profitability rating of 6 / 10.


How financially healthy is THOMSON REUTERS CORP?

The financial health rating of THOMSON REUTERS CORP (TRI) is 5 / 10.


Is the dividend of THOMSON REUTERS CORP sustainable?

The dividend rating of THOMSON REUTERS CORP (TRI) is 5 / 10 and the dividend payout ratio is 69.36%.