Thomson Reuters Corporation (TRI)
Industrials · NMS
Price as at 1 Oct 2026, 18:32 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Thomson Reuters Corporation trades at $99.93, which is 41% above the $58.81 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 64 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 27.1 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
TRI dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $3.40 | 4 |
| 2025 | $2.38 | 4 |
| 2024 | $2.16 | 4 |
| 2023 | $6.84 | 5 |
| 2022 | $1.85 | 4 |
| 2021 | $1.68 | 4 |
| 2020 | $1.58 | 4 |
| 2019 | $1.50 | 4 |
| 2018 | $0.717 | 2 |
| 2017 | $1.43 | 4 |
| 2016 | $1.41 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
TRI earnings and analyst estimates
Recommendation mix, 18 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Thomson Reuters Corporation
Thomson Reuters Corporation operates as a content and technology company in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates through five segments: Legal Professionals, Corporates, Tax, Audit & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments. The Corporates segment provides a suite of content-driven technologies, including generative AI and integrated compliance workflow solutions to small businesses and multinational organizations. Tax, Audit & Accounting Professionals segment offers research and workflow products to tax, audit, and accounting firms. The Reuters News segment provides business, financial, and international news to media organizations, professional, and news consumers through Reuters News Agency, Reuters.com, Reuters Events, Thomson Reuters products, and to financial firms. The Global Print segment offers legal and tax information primarily in print format. The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008. The company was founded in 1799 and is headquartered in Toronto, Canada. Thomson Reuters Corporation is a subsidiary of The Woodbridge Company Limited.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
TRI passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
6 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$58.11M · 0.0% of book
- Arrowstreet Capital, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$50.58M · 0.0% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$20.70M · 0.0% of book
- Marshall Wace, MARSHALL WACE, LLP$12.18M · 0.0% of book
- Joel Greenblatt, Gotham Asset Management, LLC$6.71M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
TRI peers
The largest companies in the same industry (Specialty Business Services), then in the same sector.
- RLXXF RELX PLC
- RBA RB Global, Inc.
- WTKWY Wolters Kluwer N.V.
- RTO Rentokil Initial plc
- ARMK Aramark
- AMTM Amentum Holdings, Inc.
- UNF UniFirst Corporation
- FA First Advantage Corporation
Every industrials company we cover is on the Industrials hub.
Common questions
Is Thomson Reuters Corporation (TRI) undervalued?
Against our fair value estimate of $58.81, TRI at $99.93 is 41% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own TRI?
6 of the institutions we track reported a position in TRI in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is TRI's P/E ratio?
TRI trades at 27.1 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Thomson Reuters Corporation (TRI) pay a dividend?
Yes. Thomson Reuters Corporation yields 2.92% at the current share price. It has paid $4.00 per share over the trailing twelve months. It has paid a dividend in each of the last 24 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its TRI data?
Fundamentals for TRI come from company filings and exchange data, as listed on NMS; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 18:32 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for TRI, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.