Thomson Reuters Corporation (LON:0Q89)

Thomson Reuters Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	7,376	7,258	6,794	6,627	6,348	5,984
Revenue Growth (YoY)	2.96%	6.83%	2.52%	4.40%	6.08%	1.32%
Cost of Revenue	4,499	4,436	4,095	4,068	4,139	3,944
Gross Profit	2,877	2,822	2,699	2,559	2,209	2,040
Selling, General & Admin	57	59	64	52	61	76
Amortization of Goodwill & Intangibles	789	709	609	584	593	608
Other Operating Expenses	-9	52	-13	6	-29	-
Operating Expenses	946	933	776	782	802	868
Operating Income	1,931	1,889	1,923	1,777	1,407	1,172
Interest Expense	-160	-177	-211	-192	-185	-82
Interest & Investment Income	55	76	84	7	2	5
Earnings From Equity Investments	-28	40	1,075	-432	6,240	-544
Currency Exchange Gain (Loss)	43	143	-227	516	-2	-67
Other Non Operating Income (Expenses)	-41	-98	35	-72	10	-
EBT Excluding Unusual Items	1,800	1,873	2,679	1,604	7,472	484
Merger & Restructuring Charges	-	-	-	-171	-183	-
Gain (Loss) on Sale of Investments	-	-	-	-	-	554
Gain (Loss) on Sale of Assets	357	196	384	217	5	-
Other Unusual Items	-	-	-	-	-	182
Pretax Income	2,157	2,069	3,063	1,650	7,294	1,220
Income Tax Expense	400	-123	417	259	1,607	71
Earnings From Continuing Operations	1,757	2,192	2,646	1,391	5,687	1,149
Earnings From Discontinued Operations	-	15	49	-53	2	-27
Net Income to Company	1,757	2,207	2,695	1,338	5,689	1,122
Minority Interest in Earnings	-	3	-	-	-	-
Net Income	1,757	2,210	2,695	1,338	5,689	1,122
Preferred Dividends & Other Adjustments	4	5	5	3	2	2
Net Income to Common	1,753	2,205	2,690	1,335	5,687	1,120
Net Income Growth	-23.64%	-18.00%	101.42%	-76.48%	407.04%	-28.26%
Shares Outstanding (Basic)	450	451	463	466	476	479
Shares Outstanding (Diluted)	451	451	464	467	477	480
Shares Change (YoY)	-0.36%	-2.74%	-0.74%	-1.94%	-0.71%	-0.89%
EPS (Basic)	3.89	4.89	5.81	2.86	11.96	2.34
EPS (Diluted)	3.88	4.88	5.80	2.85	11.93	2.33
EPS Growth	-23.48%	-15.74%	103.10%	-76.09%	412.25%	-27.74%
Free Cash Flow	1,822	1,850	1,797	1,320	1,286	1,241
Free Cash Flow Per Share	4.04	4.10	3.87	2.82	2.70	2.58
Dividend Per Share	2.325	2.160	1.960	1.847	1.681	1.577
Dividend Growth	10.19%	10.20%	6.14%	9.88%	6.58%	5.56%
Gross Margin	39.01%	38.88%	39.73%	38.62%	34.80%	34.09%
Operating Margin	26.18%	26.03%	28.30%	26.82%	22.16%	19.59%
Profit Margin	23.77%	30.38%	39.59%	20.14%	89.59%	18.72%
Free Cash Flow Margin	24.70%	25.49%	26.45%	19.92%	20.26%	20.74%
EBITDA	2,081	2,039	2,085	1,963	1,650	1,389
EBITDA Margin	28.21%	28.09%	30.69%	29.62%	25.99%	23.21%
D&A For EBITDA	150	150	162	186	243	217
EBIT	1,931	1,889	1,923	1,777	1,407	1,172
EBIT Margin	26.18%	26.03%	28.30%	26.81%	22.16%	19.59%
Effective Tax Rate	18.54%	-	13.61%	15.70%	22.03%	5.82%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.