Thomson Reuters
OverviewSuggest Edit
Thomson Reuters is a company that provides business information services. The company operates through five segments. The Legal Professional segment serves law firms and governments with research and workflow products. The Corporates segment offers legal, tax, regulatory and compliance solutions. The Tax and Accounting Professionals segment provides research and workflow products focusing on intuitive tax offerings and automating tax workflows. The Reuters News segment supplies business, financial, national, and international news. The Global Print segment presents legal and tax information primarily in print format to customers worldwide.
| Type | Public | |
| Founded | 2008 | |
| HQ | Toronto, CA | Map |
| Website | thomsonreuters.com | |
| Employee Ratings | More | |
| Overall Culture | A | More |
Recent NewsAll News
Key People/Management at Thomson Reuters
Thomas Kim
Chief Legal Officer and Company Secretary
Steve Hasker
President and Chief Executive Officer
Brian Peccarelli
Chief Operating Officer, Customer Markets
Michael Eastwood
Chief Financial Officer
Mary Alice Vuicic
Chief People Officer
Kirsty Roth
Chief Operations and Technology Officer
Thomson Reuters Office Locations
Thomson Reuters has offices in Toronto, Montréal, Ann Arbor, Carrollton and in 61 other locations
Toronto, CA (HQ)
333 Bay Street
Montréal, CA
75 Rue Queen
Toronto, CA
120 Bremner Blvd
Toronto, CA
2075 Kennedy Rd
Buenos Aires, AR
Calle Tucuman 1471
Melbourne, AU
Level 5, 333 Collins Street
Thomson Reuters Financials and Metrics
Thomson Reuters Revenue
Thomson Reuters's revenue was reported to be $6.35 b in FY, 2021
| USD | |
|---|---|
Revenue (FY, 2021) | 6.3b |
Gross profit (FY, 2021) | 2.3b |
Gross profit margin (FY, 2021), % | 36.9% |
Net income (FY, 2021) | 5.7b |
EBIT (FY, 2021) | 1.2b |
Market capitalization (28-Apr-2022) | 49.5b |
Closing stock price (28-Apr-2022) | 102.9 |
Cash (31-Dec-2021) | 778.0m |
EV | 52.5b |
Thomson Reuters's current market capitalization is $49.5 b.
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.5b | 1.4b | 1.4b | 1.5b | 1.4b | 1.4b | 1.6b | 1.5b | 1.5b |
Cost of goods sold | 1.0b | 971.0m | 974.0m | 941.0m | 836.0m | 861.0m | 927.0m | 940.0m | 981.0m |
Gross profit | 487.0m | 452.0m | 439.0m | 579.0m | 569.0m | 582.0m | 653.0m | 592.0m | 545.0m |
Gross profit Margin, % | 33% | 32% | 31% | 38% | 40% | 40% | 41% | 39% | 36% |
Annual
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 116.0m | 305.0m | 261.0m | 193.0m | 319.0m | 560.0m | 5.0b | 6.1b | 5.9b |
Depreciation and Amortization | 166.0m | 333.0m | 516.0m | 181.0m | 372.0m | 598.0m | 192.0m | 386.0m | 574.0m |
Accounts Payable | (253.0m) | (396.0m) | (346.0m) | (235.0m) | (275.0m) | (284.0m) | (129.0m) | (175.0m) | (47.0m) |
Cash From Operating Activities | (58.0m) | 83.0m | 347.0m | 176.0m | 598.0m | 1.2b | 380.0m | 842.0m | 1.4b |
| USD | Q1, 2019 |
|---|---|
EV/EBIT | 111.9 x |
EV/CFO | -528.5 x |
EV/FCF | -182.5 x |
Debt/Equity | 0.4 x |
Debt/Assets | 0.2 x |
Financial Leverage | 1.8 x |
P/E Ratio | 257.4 |
Thomson Reuters Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| CaseLines | August 13, 2020 | |
| Pondera Solutions | March 19, 2020 | |
| FC Business Intelligence | October 04, 2019 | |
| HighQ Diligence | July 18, 2019 | |
| Confirmation | June 21, 2019 | |
| Integration Point | November 16, 2018 | |
| Avox Ltd | March 20, 2017 | |
| Clarient Global | March 20, 2017 | |
| Redi | January 17, 2017 | |
| Business Integrity | October 01, 2015 |
Thomson Reuters Revenue Breakdown
Thomson Reuters revenue breakdown by business segment: 22.8% from Corporates, 9.6% from Global Print, 14.3% from Tax and Accounting Professionals, 42.7% from Legal Professionals and 10.6% from Reuters News
Thomson Reuters revenue breakdown by geographic segment: 78.9% from Americas, 16.7% from EMEA and 4.3% from Other
Thomson Reuters Cybersecurity Score
Thomson Reuters Environment, Social & Governance (ESG) Ratings
Thomson Reuters Online and Social Media Presence
158.78k Twitter followers
Thomson Reuters has 158.78k Twitter Followers. The number of followers has increased 0.1% month over month and increased 0.3% quarter over quarter
Thomson Reuters's Trends
Twitter Engagement Stats for @ThomsonReuters
30.2k
Tweets
1.6k
Following
158.8k
Followers
7
Tweets last 30 days
3.7
Avg. likes per Tweet
100%
Tweets with engagement
Thomson Reuters Company Culture
Overall Culture
A
76/100
CEO Rating
A-
76/100
Compensation
A
79/100
Diversity
A-
77/100
Thomson Reuters News and Updates
May 03, 2022
Thomson Reuters Reports First-Quarter 2022 Results
TORONTO, May 3, 2022 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) today reported results for the first quarter ended March 31, 2022: Strong revenue and sales growth continued in the first quarter Total company revenue up 6% / organic revenue up 7% Organic revenue up 7% for the "Big 3"...
April 27, 2022
Thomson Reuters Expands Reporting of Key Metrics in 2021 Social Impact & ESG Report
Disaggregated data on racial and ethnic representation now included GHG emission reductions progress reported; ahead of key commitment of Science Based Targets initiative TORONTO, April 27, 2022 /PRNewswire/ -- Thomson Reuters today issued its 2021 Social Impact and ESG Report, which...
April 21, 2022
Virtual Pricing Director partners with Thomson Reuters and Aderant
SaaS legal pricing startup Virtual Pricing Director – the tech solution from pricing experts Validatum and costs consultancy Burcher Jennings – has entered the technology partner programme of both Thomson Reuters Elite and …
Virtual Pricing Director partners with Thomson Reuters and Aderant Read M…
April 20, 2022
Thomson Reuters State of the UK Legal Market 2022 highlights shift in corporate buying behaviour
UK law firm clients are placing an increased emphasis on the ability of outside counsel to grasp strategic business challenges and demonstrate skill in packaging up commercial solutions, Thomson Reuters’ State of the …
Thomson Reuters State of the UK Legal Market 2022 highlights shift in corporate…
April 14, 2022
Worldwide Tax Management Industry to 2030 - Featuring Avalara, Thomson Reuters and HRB Digital Among Others
Dublin, April 14, 2022 (GLOBE NEWSWIRE) -- The "Tax Management Market by Component, Tax Type and Deployment mode Organization Size, Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering. Taxes are an important pa…
February 08, 2022
Thomson Reuters Reports Fourth-Quarter and Full-Year 2021 Results
TORONTO, Feb. 8, 2022 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) today reported results for the fourth quarter and full year ended December 31, 2021: Strong revenue and sales growth for the fourth quarter and full year Full-year total company revenue up 6% / organic revenue up 5%...
Thomson Reuters Blogs
May 20, 2022
Forum: ESG & law enforcement — What risks companies face today
As environmental, social, and governance (ESG) concerns become an increasingly important metric in the corporate world, how can companies best manage this?
May 19, 2022
Banks explore tokenizing liabilities with eye toward gains in instant settlement & risk management
Can banks and other financial institutions better manager their risk and offer faster settlements by "tokenizing" their liabilities on blockchain networks?
May 19, 2022
Raising uncomfortable topics during client interviews
How can you bring up uncomfortable topics during client interviews in a way that will actually strengthen your relationships & add to your perceived value?
May 18, 2022
How to know when accounting firms need to hire full-time DEI leaders
Can newly hired diversity, equity & inclusion leaders help better manage tax & accounting firms' launch and adoption of new initiatives in this area?
May 18, 2022
Forum: Australian law school takes the lead in building tomorrow’s law firm leaders
In the latest issue of Forum magazine, we see how one Australian law school is teaching students by focusing on core characteristics of legal leadership.
May 17, 2022
Advising Gig Workers: Form 1099-K and How to Minimize Tax Liability
Do you have clients working full- or part-time in the gig economy? Self-employed workers who drive for Uber or deliver …
The post Advising Gig Workers: Form 1099-K and How to Minimize Tax Liability appeared first on Tax & Accounting Blog Posts by Thomson Reuters.
Thomson Reuters Frequently Asked Questions
When was Thomson Reuters founded?
Thomson Reuters was founded in 2008.
Who are Thomson Reuters key executives?
Thomson Reuters's key executives are Thomas Kim, Steve Hasker and Brian Peccarelli.
How many employees does Thomson Reuters have?
Thomson Reuters has 24,400 employees.
What is Thomson Reuters revenue?
Latest Thomson Reuters annual revenue is $6.3 b.
What is Thomson Reuters revenue per employee?
Latest Thomson Reuters revenue per employee is $260.2 k.
Who are Thomson Reuters competitors?
Competitors of Thomson Reuters include Reed Elsevier, LexisNexis and Wolters Kluwer.
Where is Thomson Reuters headquarters?
Thomson Reuters headquarters is located at 333 Bay Street, Toronto.
Where are Thomson Reuters offices?
Thomson Reuters has offices in Toronto, Montréal, Ann Arbor, Carrollton and in 61 other locations.
How many offices does Thomson Reuters have?
Thomson Reuters has 68 offices.
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