What is Thomson Reuters Corp's earnings per share (EPS)?

Thomson Reuters Corp (TMSOF) reported diluted earnings per share of $3.29 for fiscal year 2025. This represents a -32.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Thomson Reuters Corp Financials

TMSOF

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Thomson Reuters Corp (TMSOF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI TMSOF FY2025 2026-04-22

Cash generation is strengthening even as reported earnings compress, revealing a business run with minimal debt but tighter liquidity.

Between FY2023 and FY2025, net income fell from $2.7B to $1.5B even though revenue kept inching higher. Over the same span, free cash flow rose from $1.8B to $2.0B, which means the earnings slowdown showed up more in accounting profit than in cash left after reinvestment.

Leverage is exceptionally light: FY2025 long-term debt was only $190M against equity of $11.9B. But short-term liquidity tightened, with the current ratio at 0.6x and cash ending the year at $511M, so day-to-day flexibility appears to rely more on ongoing cash generation than on a large cash cushion.

Asset quality is more intangible than it first appears, because goodwill reached $7.9B on total assets of $17.9B in FY2025. That leaves the balance sheet looking conservative on borrowing, yet a large share of book value reflects past acquisition premiums rather than assets that directly fund operations or absorb a liquidity squeeze.

Financial Health Signals

Financial Profile 48/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Thomson Reuters Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Thomson Reuters Corp's revenue grew a modest 3.0% year-over-year to $7.5B. This slow but positive growth earns a score of 41/100.

Leverage

100

Thomson Reuters Corp carries a low D/E ratio of 0.02, meaning only $0.02 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Thomson Reuters Corp's current ratio of 0.64 is below the typical benchmark, resulting in a score of 7/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

Thomson Reuters Corp converts 27.0% of revenue into free cash flow ($2.0B). This strong cash generation earns a score of 91/100.

Returns

Thomson Reuters Corp's ROE of 12.6% shows moderate profitability relative to equity, earning a score of 48/100. This is down from 18.4% the prior year.

Piotroski F-Score Neutral

5/9

Thomson Reuters Corp passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.76x

For every $1 of reported earnings, Thomson Reuters Corp generates $1.76 in operating cash flow ($2.7B OCF vs $1.5B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$7.5B

YoY+3.0%

5Y CAGR+4.6%

Thomson Reuters Corp generated $7.5B in revenue in fiscal year 2025. This represents an increase of 3.0% from the prior year.

EBITDA

N/A

Net Income

$1.5B

YoY-31.9%

5Y CAGR+6.0%

Thomson Reuters Corp reported $1.5B in net income in fiscal year 2025. This represents a decrease of 31.9% from the prior year.

EPS (Diluted)

$3.29

YoY-32.2%

5Y CAGR+7.4%

Thomson Reuters Corp earned $3.29 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 32.2% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$2.0B

YoY+9.0%

5Y CAGR+10.2%

Thomson Reuters Corp generated $2.0B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 9.0% from the prior year.

Cash & Debt

$511.0M

YoY-74.0%

5Y CAGR-22.1%

Thomson Reuters Corp held $511.0M in cash against $190.0M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

20.1%

YoY-10.3pp

5Y CAGR+1.3pp

Thomson Reuters Corp's net profit margin was 20.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 10.3 percentage points from the prior year.

Return on Equity

12.6%

YoY-5.8pp

5Y CAGR+1.4pp

Thomson Reuters Corp's ROE was 12.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 5.8 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$634.0M

YoY+4.4%

5Y CAGR+4.7%

Thomson Reuters Corp invested $634.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 4.4% from the prior year.

TMSOF Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$7.5B+3.0%	$7.3B+6.8%	$6.8B+2.5%	$6.6B+4.4%	$6.3B+6.1%	$6.0B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$14.0M0.0%	$14.0M+55.6%	$9.0M+12.5%	$8.0M0.0%	$8.0M-20.0%	$10.0M
Income Tax	$423.0M+443.9%	-$123.0M-129.5%	$417.0M+61.0%	$259.0M-83.9%	$1.6B+2163.4%	$71.0M
Net Income	$1.5B-31.9%	$2.2B-18.1%	$2.7B+101.4%	$1.3B-76.5%	$5.7B+407.0%	$1.1B
EPS (Diluted)	$3.29-32.2%	$4.85-14.8%	$5.69+99.0%	$2.86-75.1%	$11.50+400.0%	$2.30

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Revenue	N/A	$1.8B	N/A	$1.7B	N/A	$1.6B	N/A	$1.6B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	$4.0M	N/A	$4.0M	N/A	$2.0M	N/A	$2.0M
Income Tax	N/A	$52.0M	N/A	-$402.0M	N/A	$219.0M	N/A	-$92.0M
Net Income	N/A	$313.0M	N/A	$841.0M	N/A	$894.0M	N/A	-$115.0M
EPS (Diluted)	N/A	$0.66	N/A	$1.87	N/A	$1.89	N/A	$-0.15

TMSOF Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$17.9B-2.7%	$18.4B-1.3%	$18.7B-13.9%	$21.7B-2.0%	$22.1B+23.9%	$17.9B
Current Assets	$2.2B-36.2%	$3.5B+19.5%	$2.9B+3.9%	$2.8B+14.6%	$2.5B-38.3%	$4.0B
Cash & Equivalents	$511.0M-74.0%	$2.0B+51.6%	$1.3B+21.4%	$1.1B+37.4%	$778.0M-56.5%	$1.8B
Inventory	$23.0M+9.5%	$21.0M+5.0%	$20.0M-31.0%	$29.0M+3.6%	$28.0M+7.7%	$26.0M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$7.9B+9.0%	$7.3B+8.1%	$6.7B+14.5%	$5.9B-1.2%	$5.9B-0.6%	$6.0B
Total Liabilities	$6.0B-6.3%	$6.4B-15.6%	$7.6B-22.5%	$9.8B+18.2%	$8.3B+5.2%	$7.9B
Current Liabilities	$3.5B+0.9%	$3.4B+6.3%	$3.2B-33.9%	$4.9B+89.5%	$2.6B-2.7%	$2.7B
Long-Term Debt	$190.0M-4.0%	$198.0M-5.3%	$209.0M+16.8%	$179.0M-9.1%	$197.0M-11.7%	$223.0M
Total Equity	$11.9B-0.8%	$12.0B+8.5%	$11.1B-6.9%	$11.9B-14.1%	$13.8B+38.6%	$10.0B
Retained Earnings	$9.2B-4.9%	$9.7B+11.7%	$8.7B+13.6%	$7.6B-16.5%	$9.1B+75.6%	$5.2B

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Total Assets	$17.9B-0.1%	$18.0B-2.6%	$18.4B+0.3%	$18.4B-1.6%	$18.7B-10.6%	$20.9B-3.8%	$21.7B-0.4%	$21.8B
Current Assets	$2.2B-1.2%	$2.3B-35.4%	$3.5B+6.9%	$3.3B+11.8%	$2.9B-34.1%	$4.4B+57.7%	$2.8B+25.3%	$2.2B
Cash & Equivalents	$511.0M-23.0%	$664.0M-66.3%	$2.0B+17.8%	$1.7B+28.7%	$1.3B-54.6%	$2.9B+167.4%	$1.1B+131.9%	$461.0M
Inventory	$23.0M	N/A	$21.0M	N/A	$20.0M	N/A	$29.0M	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$7.9B+1.0%	$7.8B+7.9%	$7.3B-0.5%	$7.3B+8.6%	$6.7B+8.5%	$6.2B+5.5%	$5.9B-0.7%	$5.9B
Total Liabilities	$6.0B+12.6%	$5.3B-16.8%	$6.4B-4.9%	$6.8B-11.3%	$7.6B-21.3%	$9.7B-1.4%	$9.8B+16.3%	$8.4B
Current Liabilities	$3.5B+21.5%	$2.9B-16.9%	$3.4B-7.8%	$3.7B+15.3%	$3.2B-34.3%	$4.9B+0.6%	$4.9B+79.2%	$2.7B
Long-Term Debt	$190.0M0.0%	$190.0M-4.0%	$198.0M-4.3%	$207.0M-1.0%	$209.0M+18.1%	$177.0M-1.1%	$179.0M0.0%	$179.0M
Total Equity	$11.9B-5.6%	$12.6B+5.1%	$12.0B+3.4%	$11.6B+5.0%	$11.1B-1.2%	$11.2B-5.8%	$11.9B-11.0%	$13.4B
Retained Earnings	$9.2B-7.2%	$9.9B+2.4%	$9.7B+4.5%	$9.3B+6.9%	$8.7B-1.8%	$8.8B+15.6%	$7.6B-14.8%	$9.0B

TMSOF Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$2.7B+7.9%	$2.5B+5.0%	$2.3B+22.2%	$1.9B+8.0%	$1.8B+1.6%	$1.7B
Capital Expenditures	$634.0M+4.4%	$607.0M+11.6%	$544.0M-8.6%	$595.0M+22.2%	$487.0M-3.4%	$504.0M
Free Cash Flow	$2.0B+9.0%	$1.9B+2.9%	$1.8B+36.1%	$1.3B+2.6%	$1.3B+3.6%	$1.2B
Investing Cash Flow	-$1.3B-288.8%	$680.0M-80.6%	$3.5B+860.4%	-$462.0M+8.3%	-$504.0M-265.2%	-$138.0M
Financing Cash Flow	-$2.8B-15.0%	-$2.5B+56.3%	-$5.6B-386.7%	-$1.2B+49.1%	-$2.3B-253.0%	-$644.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Operating Cash Flow	N/A	$746.0M	N/A	$705.0M	N/A	$695.0M	N/A	$433.0M
Capital Expenditures	N/A	$163.0M	N/A	$152.0M	N/A	$127.0M	N/A	$137.0M
Free Cash Flow	N/A	$583.0M	N/A	$553.0M	N/A	$568.0M	N/A	$296.0M
Investing Cash Flow	N/A	-$182.0M	N/A	$324.0M	N/A	$1.6B	N/A	-$254.0M
Financing Cash Flow	N/A	-$1.3B	N/A	-$1.2B	N/A	-$1.2B	N/A	-$368.0M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

TMSOF Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	20.1%-10.3pp	30.4%-9.3pp	39.7%+19.5pp	20.2%-69.4pp	89.6%+70.9pp	18.8%
Return on Equity	12.6%-5.8pp	18.4%-6.0pp	24.4%+13.1pp	11.3%-29.9pp	41.1%+29.9pp	11.2%
Return on Assets	8.4%-3.6pp	12.0%-2.4pp	14.4%+8.3pp	6.2%-19.5pp	25.7%+19.4pp	6.3%
Current Ratio	0.64-0.4	1.02+0.1	0.90+0.3	0.57-0.4	0.95-0.5	1.50
Debt-to-Equity	0.020.0	0.020.0	0.020.0	0.020.0	0.010.0	0.02
FCF Margin	27.0%+1.5pp	25.5%-1.0pp	26.5%+6.5pp	19.9%-0.3pp	20.3%-0.5pp	20.7%

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	17.5%	N/A	48.3%	N/A	54.3%	N/A	-7.1%
Return on Equity	N/A	2.5%	N/A	7.2%	N/A	8.0%	N/A	-0.9%
Return on Assets	N/A	1.7%	N/A	4.6%	N/A	4.3%	N/A	-0.5%
Current Ratio	0.64-0.1	0.79-0.2	1.02+0.1	0.88-0.0	0.900.0	0.90+0.3	0.57-0.2	0.82
Debt-to-Equity	0.020.0	0.020.0	0.020.0	0.020.0	0.020.0	0.020.0	0.020.0	0.01
FCF Margin	N/A	32.7%	N/A	31.8%	N/A	34.5%	N/A	18.3%

Note: The current ratio is below 1.0 (0.64), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is Thomson Reuters Corp's annual revenue?

Thomson Reuters Corp (TMSOF) reported $7.5B in total revenue for fiscal year 2025. This represents a 3.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Thomson Reuters Corp's revenue growing?

Thomson Reuters Corp (TMSOF) revenue grew by 3% year-over-year, from $7.3B to $7.5B in fiscal year 2025.

Is Thomson Reuters Corp profitable?

Yes, Thomson Reuters Corp (TMSOF) reported a net income of $1.5B in fiscal year 2025, with a net profit margin of 20.1%.

How much debt does Thomson Reuters Corp have?

As of fiscal year 2025, Thomson Reuters Corp (TMSOF) had $511.0M in cash and equivalents against $190.0M in long-term debt.

What is Thomson Reuters Corp's net profit margin?

Thomson Reuters Corp (TMSOF) had a net profit margin of 20.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Thomson Reuters Corp's return on equity (ROE)?

Thomson Reuters Corp (TMSOF) has a return on equity of 12.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Thomson Reuters Corp's free cash flow?

Thomson Reuters Corp (TMSOF) generated $2.0B in free cash flow during fiscal year 2025. This represents a 9.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Thomson Reuters Corp's operating cash flow?

Thomson Reuters Corp (TMSOF) generated $2.7B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Thomson Reuters Corp's total assets?

Thomson Reuters Corp (TMSOF) had $17.9B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Thomson Reuters Corp's capital expenditures?

Thomson Reuters Corp (TMSOF) invested $634.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is Thomson Reuters Corp's current ratio?

Thomson Reuters Corp (TMSOF) had a current ratio of 0.64 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Thomson Reuters Corp's debt-to-equity ratio?

Thomson Reuters Corp (TMSOF) had a debt-to-equity ratio of 0.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Thomson Reuters Corp's return on assets (ROA)?

Thomson Reuters Corp (TMSOF) had a return on assets of 8.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Thomson Reuters Corp's Piotroski F-Score?

Thomson Reuters Corp (TMSOF) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Thomson Reuters Corp's earnings high quality?

Thomson Reuters Corp (TMSOF) has an earnings quality ratio of 1.76x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Thomson Reuters Corp?

Thomson Reuters Corp (TMSOF) scores 48 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.