Financials in USD. Standardized financial statements.
A compact view of how Thomson Reuters Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $7.48B | $7.26B | $6.79B | $6.63B | $6.35B | $5.98B | $5.91B | $5.50B | $5.30B | $11.17B |
| Revenue Growth? | +3.0% | +6.8% | +2.5% | +4.4% | +6.1% | +1.3% | +7.4% | +3.9% | -52.6% | 0.0% |
| Cost of Revenue? | $1.81B | $1.79B | $1.56B | $1.58B | $1.58B | $1.16B | $1.41B | $1.04B | $864.00M | $2.02B |
| Gross Profit? | $5.67B | $5.47B | $5.23B | $5.04B | $4.77B | $4.83B | $4.50B | $4.46B | $4.43B | $9.15B |
| Gross Margin? | +75.8% | +75.3% | +77.0% | +76.1% | +75.1% | +80.6% | +76.1% | +81.1% | +83.7% | +81.9% |
| Operating Expenses? | $3.68B | $3.36B | $2.90B | $3.21B | $3.52B | $2.90B | $3.30B | $3.68B | $3.40B | $7.76B |
| Operating Income? | $1.99B | $2.11B | $2.33B | $1.83B | $1.24B | $1.93B | $1.20B | $780.00M | $1.03B | $1.39B |
| EBITDA? | $3.05B | $3.05B | $2.95B | $3.01B | $2.02B | $2.76B | $1.90B | $1.45B | $1.48B | $3.00B |
| Income Before Tax | $1.91B | $2.07B | $3.06B | $1.65B | $7.29B | $1.22B | $372.00M | $300.00M | $503.00M | $1.04B |
| Income Tax Expense | $423.00M | -$123.00M | $417.00M | $259.00M | $1.61B | $71.00M | -$1.20B | $136.00M | -$134.00M | -$15.00M |
| Net Income? | $1.50B | $2.21B | $2.69B | $1.34B | $5.69B | $1.12B | $1.56B | $3.93B | $1.40B | $3.10B |
| EPS? | $3.40 | $4.89 | $5.91 | $2.65 | $11.42 | $2.40 | $3.19 | $0.11 | $2.21 | $1.53 |
| Diluted EPS? | $3.40 | $4.89 | $5.90 | $2.64 | $11.40 | $2.39 | $3.18 | $0.11 | $2.21 | $1.53 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality