Thomson Reuters Overview
- Year Founded
-
1850
- Status
-
Public
- Employees
-
25,600
- Stock Symbol
-
TRI
- Investments
-
208
- Share Price
-
$166.22
- (As of Friday Closing)
Thomson Reuters General Information
Description
Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008. In 2021, Thomson Reuters completed the sale of Refinitiv to LSE Group. Thomson Reuters' three largest segments are its legal professionals, Tax and accounting, and corporates segments. Legal professionals is about 42% of the firm's revenue and 47% of the firm's adjusted EBITDA. Tax and accounting makes up about 20%-25% of the firm's revenue and EBITDA. Corporates, which consists of legal professionals and tax and accounting products sold to corporations, also makes up about 20%-25% of the firm's revenue and EBITDA. Thomson Reuters' smaller segments include its Reuters news business and global print business.
Contact Information
Website
www.thomsonreuters.comCorporate Office
- 19 Duncan Street
- Toronto, Ontario M5H 3H1
- Canada
Corporate Office
- 19 Duncan Street
- Toronto, Ontario M5H 3H1
- Canada
Thomson Reuters Stock Performance
(As of Friday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $166.22 | $169.51 | $117.98 - $177.70 | $74.8B | 450M | 355K | $5.21 |
Thomson Reuters Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 77,868,592 | 68,734,517 | 58,172,290 | 60,289,308 |
| Revenue | 7,034,000 | 6,794,000 | 6,627,000 | 6,348,000 |
| EBITDA | 2,756,000 | 2,865,000 | 3,002,000 | 2,101,000 |
| Net Income | 2,367,000 | 2,695,000 | 1,338,000 | 5,689,000 |
| Total Assets | 18,378,000 | 18,684,000 | 21,711,000 | 22,149,000 |
| Total Debt | 3,110,000 | 3,542,000 | 4,996,000 | 4,047,000 |
Thomson Reuters Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Thomson Reuters Comparisons
Industry
Financing
Details
Thomson Reuters Competitors (5)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Clarivate | Formerly PE-Backed | Saint Helier, United Kingdom | ||||
| FactSet Research Systems | Corporation | Norwalk, CT | ||||
| Dun & Bradstreet | Formerly PE-Backed | Jacksonville, FL | ||||
| Mattermark | Formerly VC-backed | San Francisco, CA | ||||
| Accenture | Corporation | Dublin, Ireland |
Thomson Reuters Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Thomson Reuters Patents
Thomson Reuters Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240119547-A1 | Generating legal research recommendations from an input data source | Pending | 07-Oct-2022 | ||
| US-20240086420-A1 | Systems and methods for dynamic cross-contextual implementation | Pending | 13-Sep-2022 | ||
| US-20240086465-A1 | Systems and methods for generating graphical views | Pending | 13-Sep-2022 | ||
| US-20240086446-A1 | Systems and methods for identifying a risk of partly overruled content based on citationally related content | Pending | 13-Sep-2022 | ||
| US-20240086433-A1 | Interactive tool for determining a headnote report | Pending | 12-Sep-2022 | G06F16/3328 |
Thomson Reuters Executive Team (237)
| Name | Title | Board Seat |
|---|---|---|
| Steve Hasker | President,Chief Executive Officer and Board Member | |
| Steve Rubley | President, Government | |
| Elizabeth Beastrom | President, Tax & Accounting Professionals | |
| Michael Eastwood | Chief Financial Officer | |
| Ryan Kessler | Chief Financial Officer Legal Division |
Thomson Reuters Board Members (29)
| Name | Representing | Role | Since |
|---|---|---|---|
| Self | Board Member | ||
| Self | Board Member | ||
| Liquid Engines | Chairman of the Board | ||
| Self | Board Member | ||
| Self | Board Member |
Thomson Reuters Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Thomson Reuters Investments & Acquisitions (208)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Safe Sign Technologies | 21-Aug-2024 | Business/Productivity Software | |||
| World Business Media | 16-Jan-2024 | Publishing | |||
| Pagero | 11-Jan-2024 | Business/Productivity Software | |||
| Westlaw Japan | 01-Nov-2023 | Legal Services (B2B) | |||
| Casetext | 17-Aug-2023 | Merger/Acquisition | Business/Productivity Software |
Thomson Reuters Subsidiaries (34)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Safe Sign Technologies | Business/Productivity Software | London, United Kingdom | 2022 |
| Thomson Reuters Ventures | Corporate Venture Capital | New York, NY | |
| PLX AI | Business/Productivity Software | Copenhagen, Denmark | |
| Gestta Technology | Business/Productivity Software | Sao Paulo, Brazil | |
| Casetext | Business/Productivity Software | San Francisco, CA |
Thomson Reuters ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
13.58 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 16,009
Rank
Percentile
Media
Industry
of 298
Rank
Percentile
Publishing
Subindustry
of 65
Rank
Percentile
Thomson Reuters Exits (36)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| BestX | 05-Dec-2016 | Completed |
|
||
| Funderbeam | 12-Oct-2016 | Completed |
|
||
| Hive Maritime | 12-May-2016 | Completed |
|
||
| Airside | 21-Dec-2015 | Completed |
|
||
| Hijro | 25-Feb-2015 | Early Stage VC | Completed |
|
Thomson Reuters FAQs
-
When was Thomson Reuters founded?
Thomson Reuters was founded in 1850.
-
Who is the founder of Thomson Reuters?
James Toffey is the founder of Thomson Reuters.
-
Who is the CEO of Thomson Reuters?
Steve Hasker is the CEO of Thomson Reuters.
-
Where is Thomson Reuters headquartered?
Thomson Reuters is headquartered in Toronto, Canada.
-
What is the size of Thomson Reuters?
Thomson Reuters has 25,600 total employees.
-
What industry is Thomson Reuters in?
Thomson Reuters’s primary industry is Business/Productivity Software.
-
Is Thomson Reuters a private or public company?
Thomson Reuters is a Public company.
-
What is Thomson Reuters’s stock symbol?
The ticker symbol for Thomson Reuters is TRI.
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What is the current stock price of Thomson Reuters?
As of 04-Oct-2024 the stock price of Thomson Reuters is $166.22.
-
What is the current market cap of Thomson Reuters?
The current market capitalization of Thomson Reuters is $74.8B.
-
What is Thomson Reuters’s current revenue?
The trailing twelve month revenue for Thomson Reuters is $7.03B.
-
Who are Thomson Reuters’s competitors?
Clarivate, FactSet Research Systems, Dun & Bradstreet, Mattermark, and Accenture are competitors of Thomson Reuters.
-
What is Thomson Reuters’s annual earnings per share (EPS)?
Thomson Reuters’s EPS for 12 months was $5.21.
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