Fundies.
English

THOMSON REUTERS CORP /CAN/

EDGAR
TMSOF Report (type unavailable) · filed 2026-09-17

Annual consolidated revenue for 2025: about USD 7.476B, using the latest reported figures. The previous period, 2024, was about USD 7.258B.

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Watchlist

Latest quarter

Revenue

1.95 billion USD

2026 Q2 · USD

Exact inputs and evidence
  • Revenue: 1954000000 USD Source

Operating margin

28.56%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: 558000000 USD Source
  • Revenue: 1954000000 USD Source

Operating cash flow

920 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 920000000 USD Source

Free cash flow

743 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 920000000 USD Source
  • Capital Expenditure: 177000000 USD Source
Cash and cash equivalents
577 million USD Source
Exact value

577000000 USD

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-09-17.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 10 of 11 periods available· newest 2025-12-31
  • Operating income: 10 of 11 periods available· newest 2025-12-31
  • Net income: 10 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 10 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 9 of 11 periods available· newest 2025-12-31
  • Total assets: 10 of 11 periods available· newest 2025-12-31
  • Total liabilities: 10 of 11 periods available· newest 2025-12-31
  • Current assets: 10 of 11 periods available· newest 2025-12-31
  • Current liabilities: 10 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 10 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +3%

    Prior period

    USD 7.26 billion

    –

    Current period

    USD 7.48 billion

    –

    Exact inputs and evidence

    7476000000 − 7258000000 = 218000000 USD

    7258000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    7476000000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    -32%

    Prior period

    USD 2.21 billion

    –

    Current period

    USD 1.5 billion

    –

    Exact inputs and evidence

    1502000000 − 2210000000 = -708000000 USD

    2210000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    1502000000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +7.9%

    Prior period

    USD 2.46 billion

    –

    Current period

    USD 2.65 billion

    –

    Exact inputs and evidence

    2651000000 − 2457000000 = 194000000 USD

    2457000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    2651000000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +4.4%

    Prior period

    USD 607 million

    –

    Current period

    USD 634 million

    –

    Exact inputs and evidence

    634000000 − 607000000 = 27000000 USD

    607000000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    634000000 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 7.48 billion 100% of revenue
  • Operating costs Derived USD 5.34 billion 71% of revenue
  • Operating income USD 2.13 billion 29% of revenue
  • Tax, interest and other Derived USD 630 million 8.4% of revenue
  • Net income USD 1.5 billion 20% of revenue

Cash

  • Operating cash flow USD 2.65 billion 35% of revenue
  • Capital expenditure USD 634 million 8.5% of revenue
  • Free cash flow Derived USD 2.02 billion 27% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 Net income was higher than operating income, so the split is not drawn.
  • 2017 Net income was higher than operating income, so the split is not drawn.
  • 2018 Net income was higher than operating income, so the split is not drawn.
  • 2019 Net income was higher than operating income, so the split is not drawn.
  • 2020 19%13%68%
  • 2021 Net income was higher than operating income, so the split is not drawn.
  • 2022 20%72%
  • 2023 Net income was higher than operating income, so the split is not drawn.
  • 2024 Net income was higher than operating income, so the split is not drawn.
  • 2025 20%71%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-3111166000000 9776000000 Derived 1390000000 -1708000000 Derived 3098000000 Unavailable
Source
2017 2017-01-01 – 2017-12-315297000000 4263000000 Derived 1034000000 -361000000 Derived 1395000000 1510000000 Derived
Source
2018 2018-01-01 – 2018-12-315501000000 4721000000 Derived 780000000 -3153000000 Derived 3933000000 1486000000 Derived
Source
2019 2019-01-01 – 2019-12-315906000000 4707000000 Derived 1199000000 -365000000 Derived 1564000000 197000000 Derived
Source
2020 2020-01-01 – 2020-12-315984000000 4055000000 Derived 1929000000 807000000 Derived 1122000000 1241000000 Derived
Source
2021 2021-01-01 – 2021-12-316348000000 5106000000 Derived 1242000000 -4447000000 Derived 5689000000 1286000000 Derived
Source
2022 2022-01-01 – 2022-12-316627000000 4793000000 Derived 1834000000 496000000 Derived 1338000000 1320000000 Derived
Source
2023 2023-01-01 – 2023-12-316794000000 4462000000 Derived 2332000000 -363000000 Derived 2695000000 1797000000 Derived
Source
2024 2024-01-01 – 2024-12-317258000000 5149000000 Derived 2109000000 -101000000 Derived 2210000000 1850000000 Derived
Source
2025 2025-01-01 – 2025-12-317476000000 5344000000 Derived 2132000000 630000000 Derived 1502000000 2017000000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 7.5B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.12.1B9.0B6.0B3.0B0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue11166000000
2017Revenue5297000000
2018Revenue5501000000
2019Revenue5906000000
2020Revenue5984000000
2021Revenue6348000000
2022Revenue6627000000
2023Revenue6794000000
2024Revenue7258000000
2025Revenue7476000000

Revenue growth

Change in revenue from the same financial period one year earlier.

3% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.12%-5%-23%-40%-57%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over yearNo prior comparable period
2017Year over year-52.6%
2018Year over year3.9%
2019Year over year7.4%
2020Year over year1.3%
2021Year over year6.1%
2022Year over year4.4%
2023Year over year2.5%
2024Year over year6.8%
2025Year over year3%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 28.5% 2025
Net margin 20.1% 2025
Free cash flow margin 27% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.97%73%48%24%0%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin12.4%
2017Operating margin19.5%
2018Operating margin14.2%
2019Operating margin20.3%
2020Operating margin32.2%
2021Operating margin19.6%
2022Operating margin27.7%
2023Operating margin34.3%
2024Operating margin29.1%
2025Operating margin28.5%
2016Net margin27.7%
2017Net margin26.3%
2018Net margin71.5%
2019Net margin26.5%
2020Net margin18.8%
2021Net margin89.6%
2022Net margin20.2%
2023Net margin39.7%
2024Net margin30.4%
2025Net margin20.1%
2016Free cash flow marginNot reported
2017Free cash flow margin28.5%
2018Free cash flow margin27%
2019Free cash flow margin3.3%
2020Free cash flow margin20.7%
2021Free cash flow margin20.3%
2022Free cash flow margin19.9%
2023Free cash flow margin26.4%
2024Free cash flow margin25.5%
2025Free cash flow margin27%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 2.7B 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3.2B2.4B1.6B805.7M0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow2984000000
2017Operating cash flow2029000000
2018Operating cash flow2062000000
2019Operating cash flow702000000
2020Operating cash flow1745000000
2021Operating cash flow1773000000
2022Operating cash flow1915000000
2023Operating cash flow2341000000
2024Operating cash flow2457000000
2025Operating cash flow2651000000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 2B 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.2B1.6B1.1B544.6M0.0201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flowUnavailable
2017Free cash flow1510000000
2018Free cash flow1486000000
2019Free cash flow197000000
2020Free cash flow1241000000
2021Free cash flow1286000000
2022Free cash flow1320000000
2023Free cash flow1797000000
2024Free cash flow1850000000
2025Free cash flow2017000000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

33.6% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.57%42%28%14%0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets52.4%
2017Liabilities / assets48.7%
2018Liabilities / assets45.9%
2019Liabilities / assets44.7%
2020Liabilities / assets44.2%
2021Liabilities / assets37.5%
2022Liabilities / assets45.3%
2023Liabilities / assets40.8%
2024Liabilities / assets34.9%
2025Liabilities / assets33.6%

Current assets to current liabilities

Current assets divided by current liabilities.

0.64× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.81×1.36×0.91×0.45×0.00×201620212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities1.02×
2017Current assets / current liabilities0.62×
2018Current assets / current liabilities1.68×
2019Current assets / current liabilities0.95×
2020Current assets / current liabilities1.5×
2021Current assets / current liabilities0.95×
2022Current assets / current liabilities0.57×
2023Current assets / current liabilities0.9×
2024Current assets / current liabilities1.02×
2025Current assets / current liabilities0.64×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
USD 3.1 billion
Exact value

Exact value: 3098000000 USD

2016-01-01 – 2016-12-31: 3098000000 USD Inspect Net Income Open source
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USD 2.98 billion
Exact value

Exact value: 2984000000 USD

2016-01-01 – 2016-12-31: 2984000000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2017-01-01 – 2017-12-31
USD 1.4 billion
Exact value

Exact value: 1395000000 USD

2017-01-01 – 2017-12-31: 1395000000 USD Inspect Net Income Open source
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USD 2.03 billion
Exact value

Exact value: 2029000000 USD

2017-01-01 – 2017-12-31: 2029000000 USD Inspect Operating Cash Flow Open source
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USD 519 million
Exact value

Exact value: 519000000 USD

2017-01-01 – 2017-12-31: 519000000 USD Inspect Capital Expenditure Open source
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USD 1.51 billion
Calculation and evidence

2029000000 − 519000000 USD

Exact free cash flow: 1510000000 USD

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2018 2018-01-01 – 2018-12-31
USD 3.93 billion
Exact value

Exact value: 3933000000 USD

2018-01-01 – 2018-12-31: 3933000000 USD Inspect Net Income Open source
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USD 2.06 billion
Exact value

Exact value: 2062000000 USD

2018-01-01 – 2018-12-31: 2062000000 USD Inspect Operating Cash Flow Open source
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USD 576 million
Exact value

Exact value: 576000000 USD

2018-01-01 – 2018-12-31: 576000000 USD Inspect Capital Expenditure Open source
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USD 1.49 billion
Calculation and evidence

2062000000 − 576000000 USD

Exact free cash flow: 1486000000 USD

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2019 2019-01-01 – 2019-12-31
USD 1.56 billion
Exact value

Exact value: 1564000000 USD

2019-01-01 – 2019-12-31: 1564000000 USD Inspect Net Income Open source
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USD 702 million
Exact value

Exact value: 702000000 USD

2019-01-01 – 2019-12-31: 702000000 USD Inspect Operating Cash Flow Open source
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USD 505 million
Exact value

Exact value: 505000000 USD

2019-01-01 – 2019-12-31: 505000000 USD Inspect Capital Expenditure Open source
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USD 197 million
Calculation and evidence

702000000 − 505000000 USD

Exact free cash flow: 197000000 USD

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2020 2020-01-01 – 2020-12-31
USD 1.12 billion
Exact value

Exact value: 1122000000 USD

2020-01-01 – 2020-12-31: 1122000000 USD Inspect Net Income Open source
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USD 1.75 billion
Exact value

Exact value: 1745000000 USD

2020-01-01 – 2020-12-31: 1745000000 USD Inspect Operating Cash Flow Open source
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USD 504 million
Exact value

Exact value: 504000000 USD

2020-01-01 – 2020-12-31: 504000000 USD Inspect Capital Expenditure Open source
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USD 1.24 billion
Calculation and evidence

1745000000 − 504000000 USD

Exact free cash flow: 1241000000 USD

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2021 2021-01-01 – 2021-12-31
USD 5.69 billion
Exact value

Exact value: 5689000000 USD

2021-01-01 – 2021-12-31: 5689000000 USD Inspect Net Income Open source
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USD 1.77 billion
Exact value

Exact value: 1773000000 USD

2021-01-01 – 2021-12-31: 1773000000 USD Inspect Operating Cash Flow Open source
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USD 487 million
Exact value

Exact value: 487000000 USD

2021-01-01 – 2021-12-31: 487000000 USD Inspect Capital Expenditure Open source
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USD 1.29 billion
Calculation and evidence

1773000000 − 487000000 USD

Exact free cash flow: 1286000000 USD

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2022 2022-01-01 – 2022-12-31
USD 1.34 billion
Exact value

Exact value: 1338000000 USD

2022-01-01 – 2022-12-31: 1338000000 USD Inspect Net Income Open source
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USD 1.92 billion
Exact value

Exact value: 1915000000 USD

2022-01-01 – 2022-12-31: 1915000000 USD Inspect Operating Cash Flow Open source
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USD 595 million
Exact value

Exact value: 595000000 USD

2022-01-01 – 2022-12-31: 595000000 USD Inspect Capital Expenditure Open source
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USD 1.32 billion
Calculation and evidence

1915000000 − 595000000 USD

Exact free cash flow: 1320000000 USD

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2023 2023-01-01 – 2023-12-31
USD 2.7 billion
Exact value

Exact value: 2695000000 USD

2023-01-01 – 2023-12-31: 2695000000 USD Inspect Net Income Open source
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USD 2.34 billion
Exact value

Exact value: 2341000000 USD

2023-01-01 – 2023-12-31: 2341000000 USD Inspect Operating Cash Flow Open source
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USD 544 million
Exact value

Exact value: 544000000 USD

2023-01-01 – 2023-12-31: 544000000 USD Inspect Capital Expenditure Open source
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USD 1.8 billion
Calculation and evidence

2341000000 − 544000000 USD

Exact free cash flow: 1797000000 USD

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2024 2024-01-01 – 2024-12-31
USD 2.21 billion
Exact value

Exact value: 2210000000 USD

2024-01-01 – 2024-12-31: 2210000000 USD Inspect Net Income Open source
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USD 2.46 billion
Exact value

Exact value: 2457000000 USD

2024-01-01 – 2024-12-31: 2457000000 USD Inspect Operating Cash Flow Open source
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USD 607 million
Exact value

Exact value: 607000000 USD

2024-01-01 – 2024-12-31: 607000000 USD Inspect Capital Expenditure Open source
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USD 1.85 billion
Calculation and evidence

2457000000 − 607000000 USD

Exact free cash flow: 1850000000 USD

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2025 2025-01-01 – 2025-12-31
USD 1.5 billion
Exact value

Exact value: 1502000000 USD

2025-01-01 – 2025-12-31: 1502000000 USD Inspect Net Income Open source
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USD 2.65 billion
Exact value

Exact value: 2651000000 USD

2025-01-01 – 2025-12-31: 2651000000 USD Inspect Operating Cash Flow Open source
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USD 634 million
Exact value

Exact value: 634000000 USD

2025-01-01 – 2025-12-31: 634000000 USD Inspect Capital Expenditure Open source
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USD 2.02 billion
Calculation and evidence

2651000000 − 634000000 USD

Exact free cash flow: 2017000000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

414 filings · 1,599 latest values · 1,599 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001075124, 1075124, TMSOF, TRI, edgar:1075124

Also known as THOMSON CORP /CAN/, THOMSON REUTERS CORP /CAN/, THOMSON REUTERS CORPORATION