TRI · NASDAQ · Specialty Business Services

Thomson Reuters (TRI)

Embedding authoritative content in professional workflows across law, tax, corporate work and news.

$98.40
vs last close+2.74 (+2.86%)
Loading prices…

Thomson Reuters CorporationTRI
Industrials

Provides authoritative content and workflow software for legal, corporate, tax, audit and accounting professionals, alongside Reuters news and print products. Professional workflows drive the portfolio, supported by acquisitions and AI-assisted tools, while Reuters News follows governance-backed Trust Principles.

Supplies authoritative content and workflow software to legal, corporate, tax, audit and accounting professionals. Legal Professionals, Corporates, and Tax, Audit & Accounting Professionals form the portfolio's economic center, alongside Reuters and Global Print.

Combines professional information with research, compliance, document-processing and AI-assisted tools. Acquisitions extend capabilities across tax onboarding, data gathering, return delivery and document review, while Reuters distributes business, financial and global news.

Serves professional and media customers through workflow platforms and Reuters' global news distribution. The business depends on continuing demand for embedded authoritative content, while Reuters News operates under Trust Principles backed by charter duties and special control protections. Woodbridge, the Thomson family's investment vehicle, is the controlling shareholder.

Company facts

CEOSteve Hasker
ListedApr 17, 2008
ExchangeNASDAQ
HeadquartersToronto, Canada
CountryCanada
Employees27,100
CIK0001075124
ISINCA8849038812

Market cap$41.76B
EPS (ttm)$3.74
P/E (ttm)25.58
ROE14.3%
P/B3.76
P/S5.33
Dividend yieldDiv yield3.57%
Beta0.24vs XLI −1.08

Price target$132.50+38.5%Average of 27 analysts
ConsensusBuy14 of 27 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 6, 2026ScotiabankReiterate
Rating: Target: $138
Rating: OutperformTarget: $135
Jun 30, 2026Wells FargoReiterate
Rating: Target: $87
Rating: Equal WeightTarget: $85
May 8, 2026BarclaysReiterate
Rating: Target: $170
Rating: OverweightTarget: $130
May 6, 2026ScotiabankReiterate
Rating: Target: $156
Rating: Sector OutperformTarget: $138
Apr 23, 2026UBSReiterate
Rating: Target: $131.50
Rating: BuyTarget: $183

Next report
Nov 3, 26
in 41 days
EPS estimate
$0.89
Revenue estimate
$1.91B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$1.01$1.12$0.87$0.85$1.07$1.23$0.99Pending
Estimate$0.97$1.06$0.83$0.81$1.09$1.18$0.96$0.89
Surprise+4.1%+5.7%+4.8%+4.9%−1.8%+4.2%+3.1%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$1.90B$1.90B$1.80B$1.80B$2.00B$2.04B$1.93BPending
Estimate$1.87B$1.80B$1.81B$1.78B$2.01B$2.00B$1.89B$1.91B
Surprise+1.6%+5.5%−0.3%+1.3%−0.5%+2.0%+2.2%
Estimate$0.89
ReportedDue Nov 3, 2026
Estimate$1.91B
ReportedDue Nov 3, 2026
View details

Debt to equity28.60%
Current ratio51.00%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.72B$1.91B$1.90B$1.79B$1.78B$2.01B$2.09B$1.95B
Net income$301.0M$587.0M$434.0M$313.0M$423.0M$332.0M$459.0M$448.0M
Net margin17.5%30.7%22.8%17.5%23.7%16.5%22.0%22.9%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$415.0M$722.0M$563.0M$436.0M$593.0M$378.0M$636.0M$558.0M
YoY growth−5.9%+29.4%+1.1%+5.1%+42.9%−47.6%+13.0%+28.0%

Balance sheet, Jun 30, 2026Cash & short-term investments $576.3M · Total debt $3.18B · Total assets $18.06B · Shareholders' equity $11.11B

Revenue
$1.95B
Operating income
$558.0M
Net income
$448.0M
View details

Dividend yield
3.57%
Next ex-date
Nov 19, 26
estimated · in 57 days
Annual dividend
$3.41
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Feb '25May '25Aug '25Nov '25Feb '26May '26May '26Aug '26
Dividend$0.595$0.595$0.595$0.595$0.6653$1.4355$0.655$0.655
Annual yield1.24%1.18%1.31%1.73%2.95%3.44%4.62%3.25%
Ex-dateFeb 20May 15Aug 19Nov 18Feb 17May 4May 20Aug 19
Payment dateMar 10Jun 10Sep 10Dec 10Mar 10May 4Jun 10Sep 10
View details

Institutions90.93%404.62M ADS
452 holders · as of Jun 30, 2026
Other9.07%40.34M ADS
remainder

444.96M ADS as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This company has 2 share classes; every stake here is a share of the whole company.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Woodbridge Co LtdInstitution
66.58%296.25M ADSas of Jun 30, 2026
Invesco Ltd.Institution
2.33%10.39M ADSas of Jun 30, 2026
Royal Bank of CanadaInstitution
1.80%8.00M ADSas of Jun 30, 2026
1832 Asset Management L.P.Institution
1.72%7.67M ADSas of Jun 30, 2026
Morgan StanleyInstitution
1.00%4.44M ADSas of Jun 30, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • RELX (ADR)

    Legal research, generative AI, guidance, and public-records rival

  • Intuit

    Professional tax and accounting software for firms and practitioners

  • Vertex

    Enterprise indirect tax software for calculation, filing, and e-invoicing

  • News Corp Class A

    Global news and business information spanning newswires and research

Compare

CompanyPriceChange
Thomson Reuters$98.40+2.86%$41.76B25.620.85.3+7.0%
RELX (ADR)$33.39+1.23%$57.58B20.04.5+1.0%
Intuit$288.18−1.43%$79.97B17.712.33.7+13.7%
Vertex$11.89+0.87%$1.91B385.312.82.4+10.5%
News Corp Class A$28.66−2.03%$16.42B28.421.31.8+10.8%
Median24.212.83.1+10.7%