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.
TypePublic
Founded2008
HQToronto, CA
Websitethomsonreuters.com
Employee Ratings3.8
Overall CultureA

Latest Updates

Employees (est.) (Dec 2021)24,400(+2%)
Job Openings1,136
Revenue (FY, 2021)$6.3 B(+7%)
Share Price (Apr 2022)$102.9(+2%)
Cybersecurity ratingBMore
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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
Brian Peccarelli

Brian Peccarelli

Chief Operating Officer, Customer Markets
Michael Eastwood

Michael Eastwood

Chief Financial Officer
Mary Alice Vuicic

Mary Alice Vuicic

Chief People Officer
Kirsty Roth

Kirsty Roth

Chief Operations and Technology Officer
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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
Show all (68)

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
USDFY, 2019FY, 2020FY, 2021

Revenue

5.9b6.0b6.3b

Revenue growth, %

7%

Cost of goods sold

4.0b3.6b4.0b

Gross profit

1.9b2.4b2.3b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

1.5b1.4b1.4b1.5b1.4b1.4b1.6b1.5b1.5b

Cost of goods sold

1.0b971.0m974.0m941.0m836.0m861.0m927.0m940.0m981.0m

Gross profit

487.0m452.0m439.0m579.0m569.0m582.0m653.0m592.0m545.0m

Gross profit Margin, %

33%32%31%38%40%40%41%39%36%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

825.0m1.8b778.0m

Accounts Receivable

1.1b1.1b1.0b

Prepaid Expenses

130.0m126.0m170.0m

Inventories

23.0m26.0m28.0m
Quarterly
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

1.6b1.1b5.7b

Depreciation and Amortization

717.0m792.0m770.0m

Accounts Payable

(220.0m)(133.0m)83.0m

Cash From Operating Activities

702.0m1.7b1.8b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

116.0m305.0m261.0m193.0m319.0m560.0m5.0b6.1b5.9b

Depreciation and Amortization

166.0m333.0m516.0m181.0m372.0m598.0m192.0m386.0m574.0m

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)83.0m347.0m176.0m598.0m1.2b380.0m842.0m1.4b
USDQ1, 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
Show all financial metrics

Thomson Reuters Operating Metrics

FY, 2018FY, 2019FY, 2020FY, 2021

Unique News Stories

2 m2 m4 m3.5 m

News Alerts

1.4 m1.5 m

News Images

770 k814 k900 k800 k

Video Stories

117 k129 k130 m130 k
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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 PointNovember 16, 2018
Avox LtdMarch 20, 2017
Clarient GlobalMarch 20, 2017
RediJanuary 17, 2017
Business IntegrityOctober 01, 2015
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Thomson Reuters Revenue Breakdown

Embed Graph

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

Cybersecurity ratingPremium dataset

B

87/100

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

    76/100

  • CEO Rating

    A-

    76/100

  • Compensation

    A

    79/100

  • Diversity

    A-

    77/100

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Thomson Reuters News and Updates

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"...

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...

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…

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…

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…

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%...
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Thomson Reuters Blogs

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?

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?

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?

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?

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.

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.
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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 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.