OverviewSuggest Edit

Thomson Reuters is a provider of business information services. It offers specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the news service Reuters. 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; and the Global Print segment provides legal and tax information primarily in print format to customers worldwide.
TypePublic
Founded2008
HQToronto, CA
Websitethomsonreuters.com
Employee Ratings4.1
Overall CultureA

Latest Updates

Employees (est.) (Dec 2019)24,400(-5%)
Job Openings555
Revenue (FY, 2020)$6 B(+2%)
Share Price (Apr 2021)$92
Cybersecurity ratingBMore

Key People/Management at Thomson Reuters

Thomas Kim

Thomas Kim

Chief Legal Officer and Company Secretary
Steve Hasker

Steve Hasker

President and Chief Executive Officer
Stephen J. Adler

Stephen J. Adler

Editor-In-Chief, Reuters News
Michael Friedenberg

Michael Friedenberg

President, Reuters News
Brian Peccarelli

Brian Peccarelli

Chief Operating Officer, Customer Markets
Stephane Bello

Stephane Bello

Vice Chairman and President, Enterprise Centre
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Thomson Reuters Office Locations

Thomson Reuters has offices in Toronto, Calgary, Montréal, Mont-Royal and in 57 other locations
Toronto, CA (HQ)
333 Bay Street
Calgary, CA
407 2nd Street SW, 3rd Floor
Mont-Royal, CA
3333 Boulevard Graham
Montréal, CA
75 Rue Queen
Toronto, CA
120 Bremner Blvd
Toronto, CA
2075 Kennedy Rd
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Thomson Reuters Financials and Metrics

Thomson Reuters Revenue

Thomson Reuters's revenue was reported to be $5.98 b in FY, 2020
USD

Revenue (FY, 2020)

6.0b

Net income (FY, 2020)

1.1b

EBIT (FY, 2020)

1.9b

Market capitalization (26-Apr-2021)

45.4b

Closing stock price (26-Apr-2021)

92.0

Cash (31-Dec-2020)

1.8b

EV

47.4b
Thomson Reuters's current market capitalization is $45.4 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

11.3b5.5b5.9b6.0b

Revenue growth, %

1%(51%)7%

Cost of goods sold

6.4b3.7b4.0b

Gross profit

5.0b1.8b1.9b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

1.4b1.3b1.3b1.5b1.4b1.4b1.5b1.4b1.4b

Cost of goods sold

867.0m869.0m879.0m1.0b971.0m974.0m941.0m836.0m861.0m

Gross profit

512.0m442.0m413.0m487.0m452.0m439.0m579.0m569.0m582.0m

Gross profit Margin, %

37%34%32%33%32%31%38%40%40%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

874.0m2.7b825.0m1.8b

Accounts Receivable

1.4b1.1b1.1b

Prepaid Expenses

391.0m142.0m130.0m

Inventories

31.0m33.0m23.0m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

1.5b4.0b1.6b

Depreciation and Amortization

1.5b619.0m717.0m

Accounts Payable

(318.0m)216.0m(220.0m)

Cash From Operating Activities

2.0b2.1b702.0m1.7b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Depreciation and Amortization

157.0m314.0m460.0m166.0m333.0m516.0m181.0m372.0m598.0m

Accounts Payable

(172.0m)(196.0m)(63.0m)(253.0m)(396.0m)(346.0m)(235.0m)(275.0m)(284.0m)

Cash From Operating Activities

419.0m1.2b2.1b(58.0m)83.0m347.0m176.0m598.0m1.2b

Capital Expenditures

(179.0m)(310.0m)(420.0m)(110.0m)(240.0m)(365.0m)(142.0m)(287.0m)(404.0m)
USDFY, 2017

Revenue/Employee

245.8k

Debt/Equity

0.5 x

Debt/Assets

0.3 x

Financial Leverage

2 x

P/E Ratio

22.3
Show all financial metrics

Thomson Reuters Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Unique News Stories

2 m2.5 m2.3 m2 m2 m2 m

News Alerts

1 m1.5 m1.5 m1.4 m1.4 m1.5 m

News Images

600 k700 k800 k730 k770 k814 k

Video Stories

100 k100 k100 k110 k117 k129 k
Show all operating metrics

Thomson Reuters Acquisitions / Subsidiaries

Company NameDateDeal Size
CaseLinesAugust 13, 2020
Pondera SolutionsMarch 19, 2020
FC Business IntelligenceOctober 04, 2019
HighQ DiligenceJuly 18, 2019
ConfirmationJune 21, 2019
Integration PointOctober 23, 2018
Avox LtdFebruary 06, 2017
Clarient GlobalFebruary 06, 2017
RediSeptember 22, 2016
Business IntegrityOctober 01, 2015
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Thomson Reuters Revenue Breakdown

Embed Graph

Thomson Reuters revenue breakdown by business segment: 41.0% from Legal Professionals, 22.4% from Corporates, 10.7% from Reuters News, 11.7% from Global Print and 14.3% from Tax and Accounting Professionals

Thomson Reuters revenue breakdown by geographic segment: 85.1% from Americas, 10.7% from EMEA and 4.1% from Other

Thomson Reuters Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Thomson Reuters Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Thomson Reuters Online and Social Media Presence

Embed Graph

Thomson Reuters Company Culture

  • Overall Culture

    A

    77/100

  • CEO Rating

    A+

    81/100

  • Compensation

    A

    80/100

  • Diversity

    A

    78/100

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Thomson Reuters News and Updates

Thomson Reuters First-Quarter 2021 Earnings Announcement and Webcast Scheduled for May 4, 2021

Conference call and webcast scheduled for 8:30 a.m. EDT TORONTO, March 30, 2021 /PRNewswire/ -- Thomson Reuters (NYSE, TSX: TRI) announced today that its first-quarter 2021 earnings will be issued via news release on Tuesday, May 4, 2021. Steve Hasker, president and chief executive...

Armanino and Thomson Reuters partner to help SMB tax clients

Separately, Armanino recently achieved certification as a B Corporation]]

Jersey Court selects Thomson Reuters Caselines to underpin digital transformation

The Jersey Court Service has selected CaseLines (now owned by Thomson Reuters) as its cloud-based court exhibit and evidence sharing platform, underpinning what is described as a complete digital overhaul of its Courts. Following a successful proof of concept in 2020, Jersey is now rolling out the s…

Thomson Reuters Reports Fourth-Quarter and Full-Year 2020 Results

Two-Year Change Program Announced Fourth-Quarter Highlights IFRS revenues and organic revenues up 2% "Big 3" revenues up 4%; organic revenues up 5% IFRS operating profit up 343% Adjusted EBITDA up 33%; adjusted EBITDA margin of 32.5% Accelerating to 3.0: Two Powerful Levers to Drive Both...

Thomson Reuters Announces Closing of Sale of Refinitiv to London Stock Exchange Group

TORONTO, Jan. 29, 2021 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) today announced that it and private equity funds affiliated with Blackstone have closed the sale of Refinitiv to London Stock Exchange Group plc (LSEG) in an all-share transaction. Refinitiv is Thomson Reuters former...
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Thomson Reuters Blogs

Corporate tax provision software and risk mitigation

How to mitigate risks with tax software   Corporate tax teams are facing an array of risks, new and old, … The post Corporate tax provision software and risk mitigation appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

Deploying Tax Provision Software in the Classroom

As technology transforms tax accounting, business schools are working hard to ensure the next generation of accountants are well-grounded in … The post Deploying Tax Provision Software in the Classroom appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

Use of Discounted Cash Flow Approaches in US GAAP Accounting

Discounted cash flow approaches are a helpful tool used in US GAAP accounting for valuation and impairment assessments.  A discounted … The post Use of Discounted Cash Flow Approaches in US GAAP Accounting appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

IRS launches Operation Hidden Treasure and the implications for CPAs

It’s been well reported in cryptocurrency circles that Damon Rowe, Executive Director at the IRS Office of Fraud Enforcement, unveiled … The post IRS launches Operation Hidden Treasure and the implications for CPAs appeared first on Tax & Accounting Blog Posts by Thomson Reuters.

2022 Benefit and Payment Parameters Part Two Includes Revised Cost-Sharing Limits, Rules for COBRA-Related Exchange Special Enrollments and MLR Rebates

PPACA; HHS Notice of Benefit and Payment Parameters for 2022 and Pharmacy Benefit Manager Standards; Final Rule, 45 CFR Parts … The post 2022 Benefit and Payment Parameters Part Two Includes Revised Cost-Sharing Limits, Rules for COBRA-Related Exchange Special Enrollments and MLR Rebates appeared fi…

IRS Provides Q&A Guidance on Temporary Relief From Partial Terminations

Coronavirus-Related Relief for Retirement Plans and IRAs Questions and Answers (Apr. 27, 2021) Available at https://www.irs.gov/newsroom/coronavirus-related-relief-for-retirement-plans-and-iras-questions-and-answers#partial-termination The IRS has updated its … The post IRS Provides Q&A Guidance…
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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 Stephen J. Adler.

  • 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 b.

  • What is Thomson Reuters revenue per employee?

    Latest Thomson Reuters revenue per employee is $245.2 k.

  • Who are Thomson Reuters competitors?

    Competitors of Thomson Reuters include IHS Markit, Dow Jones and Bloomberg.

  • 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, Calgary, Montréal, Mont-Royal and in 57 other locations.

  • How many offices does Thomson Reuters have?

    Thomson Reuters has 67 offices.