Thomson Reuters Corporation (TSX:TRI)
Canada · Delayed Price · Currency is CAD 163.30
+8.23 (5.31%)
Nov 4, 2026, 10:30 AM EST
Thomson Reuters Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 1,578 | 1,502 | 2,210 | 2,695 | 1,338 | 5,689 |
Depreciation & Amortization | 206 | 209 | 204 | 213 | 239 | 296 |
Other Amortization | 784 | 721 | 618 | 512 | 485 | 474 |
Loss (Gain) From Sale of Assets | -1 | -165 | -192 | -336 | -217 | -5 |
Asset Writedown & Restructuring Costs | 18 | 18 | -17 | 2 | -19 | -8 |
Loss (Gain) From Sale of Investments | - | - | - | - | - | -9 |
Loss (Gain) on Equity Investments | 21 | 28 | -40 | -1,075 | 432 | -6,240 |
Other Operating Activities | 248 | 295 | -490 | -141 | -284 | 812 |
Change in Accounts Receivable | -18 | -18 | 26 | -83 | -28 | 76 |
Change in Accounts Payable | -78 | -78 | -144 | -166 | -137 | 83 |
Change in Unearned Revenue | 152 | 152 | 64 | 74 | 75 | 36 |
Change in Income Taxes | 128 | 88 | 283 | 642 | 146 | 773 |
Change in Other Net Operating Assets | -189 | -101 | -53 | -10 | -48 | -136 |
Operating Cash Flow | 2,820 | 2,651 | 2,457 | 2,341 | 1,915 | 1,773 |
Operating Cash Flow Growth | 14.68% | 7.90% | 4.96% | 22.25% | 8.01% | 1.60% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -667 | -634 | -607 | -544 | -595 | -487 |
Cash Acquisitions | -281 | -843 | -622 | -1,216 | -191 | -18 |
Divestitures | 3 | 254 | 326 | 418 | 216 | 28 |
Investment in Securities | - | - | 1,854 | 5,424 | 43 | 994 |
Other Investing Activities | -61 | -61 | -271 | -569 | 65 | -1,021 |
Investing Cash Flow | -1,006 | -1,284 | 680 | 3,513 | -462 | -504 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 290 | - | - | 1,042 | - |
Total Debt Issued | 2,210 | 290 | - | - | 1,042 | - |
Short-Term Debt Repaid | - | - | -139 | -956 | - | - |
Long-Term Debt Repaid | - | -1,063 | -353 | -658 | -65 | -109 |
Lease Payments | -62 | -64 | -63 | -58 | -65 | -109 |
Total Debt Repaid | -562 | -1,063 | -492 | -1,614 | -65 | -109 |
Net Debt Issued (Repaid) | 1,648 | -773 | -492 | -1,614 | 977 | -109 |
Repurchase of Common Stock | -1,535 | -1,000 | -639 | -3,124 | -1,282 | -1,400 |
Preferred Dividends Paid | -4 | -4 | -5 | -5 | -3 | -2 |
Common Dividends Paid | -1,085 | -1,035 | -944 | -887 | -834 | -773 |
Dividends Paid | -1,089 | -1,039 | -949 | -892 | -837 | -775 |
Other Financing Activities | -62 | -16 | -379 | 4 | -14 | 11 |
Financing Cash Flow | -1,038 | -2,828 | -2,459 | -5,626 | -1,156 | -2,273 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | - | 4 | -8 | 1 | -6 | -5 |
Net Cash Flow | 776 | -1,457 | 670 | 229 | 291 | -1,009 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 2,153 | 2,017 | 1,850 | 1,797 | 1,320 | 1,286 |
Free Cash Flow Growth | 18.17% | 9.03% | 2.95% | 36.14% | 2.64% | 3.63% |
Free Cash Flow Margin | 26.86% | 26.98% | 25.49% | 26.45% | 19.92% | 20.26% |
Free Cash Flow Per Share | 4.96 | 4.56 | 4.16 | 3.93 | 2.87 | 2.74 |
Levered Free Cash Flow | 1,108 | 1,619 | 1,021 | 932 | 1,905 | 1,080 |
Unlevered Free Cash Flow | 1,228 | 1,717 | 1,132 | 1,064 | 2,025 | 1,195 |
Free Cash Flow After Leases | 2,091 | 1,953 | 1,787 | 1,739 | 1,255 | 1,177 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 138 | 138 | 149 | 201 | 168 | 165 |
Cash Income Tax Paid | 337 | 337 | 551 | 868 | 200 | 1,916 |
Change in Working Capital | -5 | 43 | 176 | 457 | 8 | 832 |