Morningstar

Thomson Reuters Corp TRI

Morningstar Rating
Unlock
Stock XTSE Rating as of
CAD 225.22 −3.73 (1.63%)
View Full Chart
As of Delayed Price Closed

Company Report

View Archive

Thomson Reuters' Businesses Are Resilient; Internal Initiatives Drive Growth but May Impact Margins

Rajiv Bhatia

For most of the 2010s, Thomson Reuters was a laggard relative to its information services peers, in our view. Since deciding to spin off its Refinitiv financial and risk operations to London-based LSE Group, we believe the firm has gained more focus. Some of its past offerings have been clunky, and we believe efforts to streamline its businesses should lead to meaningful margin expansion and higher retention in the years ahead.

Read Full Report

Price vs Fair Value

View History
TRI is trading at a 328% premium.
Price
CAD 225.22
Fair Value
CAD 738.00
Uncertainty
Low
1-Star Price
CAD 968.00
5-Star Price
CAD 651.50
Economic Moat
Nytlx
Capital Allocation
Chhwvpgc

Bulls Say, Bears Say

Bulls

A renewed focus and new management following the Refinitiv divestment could see margins improve, driving profitability.

Bears

Since divesting Refinitiv and instituting its expense reduction programs, the firm's valuation has risen, which could limit upside given that the firm's efforts are already appreciated by the market.

Show More

News

View All

Trading Information

Previous Close Price
CAD 228.95
Day Range
CAD 224.70–229.52
52-Week Range
CAD 163.01–242.92
Bid/Ask
CAD 224.60 / CAD 227.14
Market Cap
CAD 101.28 Bil
Volume/Avg
188,108 / 350,507

Key Statistics

Price/Earnings (Normalized)
44.15
Price/Sales
10.72
Dividend Yield (Trailing)
1.27%
Dividend Yield (Forward)
1.30%
Total Yield
2.61%

Company Profile

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.
Sector
Industrials
Industry
Specialty Business Services
Stock Style Box
Large Growth
Total Number of Employees
25,600
Website
https://www.thomsonreuters.com

Competitors

Valuation

View More
Metric
TRI
INTU
RELX
Price/Earnings (Normalized)
 44.1536.0130.83
Price/Book Value
 6.379.2821.23
Price/Sales
 10.7210.657.47
Price/Cash Flow
 34.8732.6425.83
Price/Earnings
TRI
INTU
RELX

Financial Strength

Metric
TRI
INTU
RELX
Quick Ratio
 0.750.720.41
Current Ratio
 0.881.290.48
Interest Coverage
 10.1614.569.27
Quick Ratio
TRI
INTU
RELX

Profitability

Metric
TRI
INTU
RELX
Return on Assets (Normalized)
 8.89%16.07%14.93%
Return on Equity (Normalized)
 15.26%27.22%66.49%
Return on Invested Capital (Normalized)
 11.69%20.23%24.19%
Return on Assets
TRI
INTU
RELX

Specialty Business Services Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
RELX PLC
RLXXF
—Stn$85.4 Bil
 RELX PLC ADR
RELX
McnnytlhTgtv$85.4 Bil
 Cintas Corp
CTAS
PryqgwdbcQjstv$82.6 Bil
 Thomson Reuters Corp
TRI
FcpwblmyTvvjpj$74.8 Bil
 Copart Inc
CPRT
FlxhkdjjDxy$51.0 Bil
 Wolters Kluwer NV
WOLTF
—Ltvxf$39.1 Bil
 Global Payments Inc
GPN
GlhbvcksSgddxvl$25.1 Bil
 RB Global Inc
RBA
XmqvtscwqXgvdws$15.0 Bil
 Rentokil Initial PLC ADR
RTO
BkyxwzzhdYcw$12.0 Bil
 UL Solutions Inc Class A common stock
ULS
LzhbxlwmLwmqnmj$10.1 Bil

Sponsor Center