OverviewSuggest Edit

Thomson Reuters is a multinational media and information company, delivering critical information from the financial, legal, accounting, intellectual property, science, and media markets. The company sells electronic content and services to professionals primarily on a subscription basis. Its financial and risk segment offers news, information, and analytics. The legal segment provides critical online and print information, decision tools, and software and services to support legal, investigation, business and government professionals. Its tax and accounting segment offers integrated tax compliance and accounting information, software and services for professionals in accounting firms, corporations, law firms, and government. The intellectual property and science segment provides intellectual property and scientific information, as well as decision support tools and services.
TypePublic
Founded2008
HQToronto, CA
Websitethomsonreuters.com
Employee Ratings3.6
Culture scoreC+

Latest Updates

Employees (est.) (Dec 2018)25,800(-44%)
Job Openings112
Revenue (FY, 2019)$5.9 B(+8%)
Share Price (May 2020)$66.2

Key People/Management at Thomson Reuters

Jim Smith

Jim Smith

President and Chief Executive Officer
Stephane Bello

Stephane Bello

Executive Vice President and Chief Financial Officer
Stephen J. Adler

Stephen J. Adler

Editor-In-Chief, Reuters News
Michael Friedenberg

Michael Friedenberg

President, Reuters News
Carla Jones

Carla Jones

Chief of Staff
Neil Masterson

Neil Masterson

Chief Operating Officer, Operations & Enablement
Show more

Thomson Reuters Office Locations

Thomson Reuters has offices in Toronto, Calgary, Montréal, Mont-Royal and in 63 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
Show all (75)

Thomson Reuters Financials and Metrics

Thomson Reuters Revenue

Thomson Reuters's revenue was reported to be $5.91 b in FY, 2019
USD

Revenue (FY, 2019)

5.9b

Net income (FY, 2019)

1.6b

EBIT (FY, 2019)

1.2b

Market capitalization (22-May-2020)

32.8b

Closing stock price (22-May-2020)

66.2

Cash (31-Dec-2019)

825.0m

EV

34.7b
Thomson Reuters's current market capitalization is $32.8 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

12.2b11.2b11.3b5.5b5.9b

Revenue growth, %

(3%)(9%)1%(51%)

Cost of goods sold

7.0b6.6b6.4b3.7b

Gross profit

5.2b4.5b5.0b1.8b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

2.8b2.8b2.8b1.4b1.3b1.3b1.5b1.4b1.4b

Cost of goods sold

1.6b1.6b1.5b867.0m869.0m879.0m1.0b971.0m974.0m

Gross profit

1.2b1.2b1.2b512.0m442.0m413.0m487.0m452.0m439.0m

Gross profit Margin, %

44%44%45%37%34%32%33%32%31%
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

926.0m2.4b874.0m2.7b825.0m

Accounts Receivable

1.7b1.3b1.4b1.1b

Prepaid Expenses

358.0m316.0m391.0m142.0m

Inventories

33.0m32.0m31.0m33.0m
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

1.3b3.1b1.5b4.0b

Depreciation and Amortization

1.7b1.6b1.5b619.0m

Accounts Payable

(60.0m)220.0m(318.0m)216.0m

Cash From Operating Activities

2.8b3.0b2.0b2.1b702.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Depreciation and Amortization

371.0m736.0m1.1b157.0m314.0m460.0m166.0m333.0m516.0m

Accounts Payable

(401.0m)(440.0m)(324.0m)(172.0m)(196.0m)(63.0m)(253.0m)(396.0m)(346.0m)

Cash From Operating Activities

(368.0m)466.0m1.3b419.0m1.2b2.1b(58.0m)83.0m347.0m

Capital Expenditures

(213.0m)(454.0m)(710.0m)(179.0m)(310.0m)(420.0m)(110.0m)(240.0m)(365.0m)
USDY, 2019

EV/EBIT

28.9 x

EV/CFO

49.4 x

Financial Leverage

1.8 x
Show all financial metrics

Thomson Reuters Operating Metrics

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

Unique News Stories

2 m2.50 m2.30 m2 m2 m

News Alerts

1 m1.50 m1.50 m1.40 m1.40 m

News Images

600 k700 k800 k730 k770 k

Video Stories

100 k100 k100 k110 k117 k
Show all operating metrics

Thomson Reuters Acquisitions / Subsidiaries

Company NameDateDeal Size
FC Business IntelligenceOctober 04, 2019
HighQJuly 18, 2019
ConfirmationJune 21, 2019
Integration PointOctober 23, 2018
Avox LtdFebruary 06, 2017
Clarient GlobalFebruary 06, 2017
RediSeptember 22, 2016
Business IntegrityOctober 01, 2015
OmnesysSeptember 12, 2013
SoftwayApril 01, 2013
Show more

Thomson Reuters Revenue Breakdown

Embed Graph

Thomson Reuters revenue breakdown by business segment: 13.2% from Global Print, 6.7% from Reuters News, 14.4% from Tax Professionals, 22.5% from Corporates and 43.1% from Legal Professionals

Thomson Reuters revenue breakdown by geographic segment: 11.6% from EMEA, 84.0% from Americas and 4.4% from Other

Thomson Reuters Online and Social Media Presence

Embed Graph

Thomson Reuters Company Culture

  • Overall Culture

    C+

    65/100

  • CEO Rating

    C

    66/100

  • Compensation

    B

    70/100

  • Diversity

    B

    69/100

Learn more on Comparably

Thomson Reuters News and Updates

Thomson Reuters Acquires Pondera Solutions

Acquisition brings additional technology, analytics and human analysis to combat fraud, waste and abuse MINNEAPOLIS and ST. PAUL, Minn., March 19, 2020 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) today announced that it has acquired Pondera Solutions, a leading provider of technology...

KPMG partners with Thomson Reuters, universities on interactive case study

The Big Four firm helped modernize the skills of students at three schools, with plans to reach more schools throughout 2020.

Thomson Reuters Files 2019 Annual Report

TORONTO, March 10, 2020 /PRNewswire/ -- Thomson Reuters (TSX / NYSE: TRI) today filed its annual report for the year ended December 31, 2019. The annual report contains audited financial statements, management's discussion and analysis (MD&A) and other disclosures. The annual report is...

Thomson Reuters names new CEO, earnings top estimates

Thomson Reuters Corp said on Tuesday it had appointed former Nielsen Holdings Plc president Steve Hasker as its new chief executive officer, succeeding Jim Smith.

Thomson Reuters names former Nielsen president Hasker as CEO

Thomson Reuters Corp said on Tuesday it had appointed former Nielsen Holdings Plc president Steve Hasker as its new chief executive officer, succeeding Jim Smith.

Steve Hasker Appointed President and CEO of Thomson Reuters

Mike Eastwood appointed CFO TORONTO, Feb. 25, 2020 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) today announced that Steve Hasker has been appointed president and chief executive officer, succeeding Jim Smith, the current president and chief executive officer. As part of his new role,...
Show more

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 Jim Smith, Stephane Bello and Stephen J. Adler.

  • How many employees does Thomson Reuters have?

    Thomson Reuters has 25,800 employees.

  • What is Thomson Reuters revenue?

    Latest Thomson Reuters annual revenue is $5.9 b.

  • What is Thomson Reuters revenue per employee?

    Latest Thomson Reuters revenue per employee is $228.9 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 63 other locations.

  • How many offices does Thomson Reuters have?

    Thomson Reuters has 75 offices.