Thomson Reuters
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.
| Type | Public | |
| Founded | 2008 | |
| HQ | Toronto, CA | Map |
| Website | thomsonreuters.com | |
| Employee Ratings | More | |
| Overall Culture | A | More |
Recent NewsAll News
- Thomson Reuters First-Quarter 2021 Earnings Announcement and Webcast Scheduled for May 4, 2021
- Armanino and Thomson Reuters partner to help SMB tax clients
- Jersey Court selects Thomson Reuters Caselines to underpin digital transformation
- Thomson Reuters Reports Fourth-Quarter and Full-Year 2020 Results
Key People/Management at Thomson Reuters
Thomas Kim
Chief Legal Officer and Company Secretary
Steve Hasker
President and Chief Executive Officer
Stephen J. Adler
Editor-In-Chief, Reuters News
Michael Friedenberg
President, Reuters News
Brian Peccarelli
Chief Operating Officer, Customer Markets
Stephane Bello
Vice Chairman and President, Enterprise Centre
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
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
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.4b | 1.3b | 1.3b | 1.5b | 1.4b | 1.4b | 1.5b | 1.4b | 1.4b |
Cost of goods sold | 867.0m | 869.0m | 879.0m | 1.0b | 971.0m | 974.0m | 941.0m | 836.0m | 861.0m |
Gross profit | 512.0m | 442.0m | 413.0m | 487.0m | 452.0m | 439.0m | 579.0m | 569.0m | 582.0m |
Gross profit Margin, % | 37% | 34% | 32% | 33% | 32% | 31% | 38% | 40% | 40% |
Annual
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Depreciation and Amortization | 157.0m | 314.0m | 460.0m | 166.0m | 333.0m | 516.0m | 181.0m | 372.0m | 598.0m |
Accounts Payable | (172.0m) | (196.0m) | (63.0m) | (253.0m) | (396.0m) | (346.0m) | (235.0m) | (275.0m) | (284.0m) |
Cash From Operating Activities | 419.0m | 1.2b | 2.1b | (58.0m) | 83.0m | 347.0m | 176.0m | 598.0m | 1.2b |
Capital Expenditures | (179.0m) | (310.0m) | (420.0m) | (110.0m) | (240.0m) | (365.0m) | (142.0m) | (287.0m) | (404.0m) |
| USD | FY, 2017 |
|---|---|
Revenue/Employee | 245.8k |
Debt/Equity | 0.5 x |
Debt/Assets | 0.3 x |
Financial Leverage | 2 x |
P/E Ratio | 22.3 |
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 | October 23, 2018 | |
| Avox Ltd | February 06, 2017 | |
| Clarient Global | February 06, 2017 | |
| Redi | September 22, 2016 | |
| Business Integrity | October 01, 2015 |
Thomson Reuters Revenue Breakdown
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
Thomson Reuters Environment, Social & Governance (ESG) Ratings
Thomson Reuters Online and Social Media Presence
Thomson Reuters's Trends
Twitter Engagement Stats for @ThomsonReuters
30.2k
Tweets
1.6k
Following
158.2k
Followers
24
Tweets last 30 days
1.4
Avg. likes per Tweet
95.8%
Tweets with engagement
Thomson Reuters Company Culture
Overall Culture
A
77/100
CEO Rating
A+
81/100
Compensation
A
80/100
Diversity
A
78/100
Thomson Reuters News and Updates
March 30, 2021
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...
March 24, 2021
Armanino and Thomson Reuters partner to help SMB tax clients
Separately, Armanino recently achieved certification as a B Corporation]]
March 24, 2021
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…
February 23, 2021
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...
January 29, 2021
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...
Thomson Reuters Blogs
May 07, 2021
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.
May 07, 2021
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.
May 06, 2021
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.
May 06, 2021
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.
May 06, 2021
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…
May 06, 2021
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…
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.
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