Thomson Reuters Corporation (TRI.TO)
Industrials · TOR · Canada
Fundamentals
Valuation and ratings
Thomson Reuters Corporation trades at CAD127.04, which is 34% above the CAD83.32 our discounted cash flow model 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 65 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 27.3 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.TO dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | CAD3.74 | 3 |
| 2025 | CAD3.34 | 4 |
| 2024 | CAD2.96 | 4 |
| 2023 | CAD9.08 | 5 |
| 2022 | CAD2.39 | 4 |
| 2021 | CAD2.10 | 4 |
| 2020 | CAD2.12 | 4 |
| 2019 | CAD2.00 | 4 |
| 2018 | CAD12.95 | 5 |
| 2017 | CAD1.52 | 3 |
| 2016 | CAD2.06 | 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.TO earnings and analyst estimates
Recommendation mix, 18 analyst 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.
TRI.TO passes 6 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Thomson Reuters Corporation (TRI.TO) undervalued?
Against our discounted cash flow estimate of CAD83.32, TRI.TO at CAD127.04 is 34% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is TRI.TO's P/E ratio?
TRI.TO trades at 27.3 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.TO) pay a dividend?
Yes. Thomson Reuters Corporation yields 2.71% at the current share price. It has paid CAD5.40 per share over the trailing twelve months. It has paid a dividend in each of the last 18 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.
When does TRI.TO report earnings next?
Thomson Reuters Corporation is scheduled to report on 5 Aug 2026. Companies move earnings dates, so read it as scheduled rather than certain.
The full research page for TRI.TO, 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.