Thomson Reuters Corporation (TSX: TRI)

Thomson Reuters Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	6,794	6,627	6,348	5,984	5,906
Revenue Growth (YoY)	2.52%	4.40%	6.08%	1.32%	7.36%
Cost of Revenue	2,296	2,408	2,478	2,269	2,431
Gross Profit	4,498	4,219	3,870	3,715	3,475
Selling, General & Admin	237	1,622	1,624	3,999	4,413
Research & Development	440	446	0	0	0
Other Operating Expenses	0	3,171	3,482	56	294
Operating Expenses	2,548	4,793	5,106	4,055	4,707
Operating Income	2,332	1,834	1,242	1,929	1,199
Interest Income	85	444	8	30	44
Interest Expense	237	196	196	195	163
Other Expense / Income	-932	-	-	-	109
Pretax Income	1,988	2,082	1,054	1,764	971
Income Tax	417	195	1,607	71	-1,198
Net Income	2,695	1,887	-553	1,693	2,169
Net Income Growth	42.82%	-	-	-21.95%	-45.07%
Shares Outstanding (Basic)	463	484	476	479	483
Shares Outstanding (Diluted)	464	485	477	480	484
Shares Change	-4.32%	1.73%	-0.71%	-0.89%	-24.80%
EPS (Basic)	5.81	3.90	-1.16	3.54	4.49
EPS (Diluted)	5.80	3.89	-1.16	3.53	4.48
EPS Growth	49.10%	-	-	-21.21%	-26.92%
Free Cash Flow	1,797	1,320	1,286	1,241	197
Free Cash Flow Per Share	3.87	2.72	2.70	2.58	0.41
Gross Margin	66.21%	63.66%	60.96%	62.08%	58.84%
Operating Margin	34.32%	27.67%	19.57%	32.24%	20.30%
Profit Margin	39.67%	28.47%	-8.71%	28.29%	36.73%
Free Cash Flow Margin	26.45%	19.92%	20.26%	20.74%	3.34%
Effective Tax Rate	20.98%	9.37%	152.47%	4.02%	-123.38%
EBITDA	2,765	3,002	2,020	2,751	1,851
EBITDA Margin	40.70%	45.30%	31.82%	45.97%	31.34%
Depreciation & Amortization	725	724	770	792	717
EBIT	2,040	2,278	1,250	1,959	1,134
EBIT Margin	30.03%	34.37%	19.69%	32.74%	19.20%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.