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Thomson ReutersTRI +3.98%81 Debt-to-Equity is 0.29 as of Jun. 2026, which is 19% below its 10-year median of 0.36. GuruFocus rates TRI with a GF Score™ of 81/100 and a GF Value™ of $189.80 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 954 Business Services companies, Thomson Reuters ranks better than 52.83% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Thomson Reuters's Debt-to-Equity or its related term are showing as below:
TRI'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.36 Max: 0.81
Current: 0.29
During the past 13 years, the highest Debt-to-Equity Ratio of Thomson Reuters was 0.81. The lowest was 0.17. And the median was 0.36.
TRI's Debt-to-Equity is ranked better than 52.83% of 954
companies
in the Business Services industry
Industry Median: 0.33
vs TRI: 0.29
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Thomson Reuters Debt-to-Equity Related Terms
Thomson Reuters Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Thomson Reuters's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Specialty Business Services subindustry, Thomson Reuters's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Thomson Reuters Debt-to-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Thomson Reuters's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Thomson Reuters's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thomson Reuters (TRI) has a Debt-to-Equity of 0.29 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Thomson Reuters and its competitors. This is 19% below median its historical median of 0.36. Over the past decade, Thomson Reuters' Debt-to-Equity has ranged from 0.17 to 0.81. According to the industry distribution chart, Thomson Reuters ranks #450 out of 954 companies in the Business Services industry, placing it in the top 47.2%.
Is Thomson Reuters' Debt-to-Equity too high?
Thomson Reuters' current Debt-to-Equity of 0.29 is 19% below median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.81. The Business Services industry median Debt-to-Equity is 0.33. Thomson Reuters' value of 0.29 is 12.1% below this industry median. Based on the distribution chart, Thomson Reuters ranks #450 out of 954 companies in the Business Services industry, which is above the industry midpoint. Overall, Thomson Reuters has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thomson Reuters' Debt-to-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Thomson Reuters ranks #450 out of 954 companies for Debt-to-Equity. This puts Thomson Reuters in the upper half of its industry. The industry median Debt-to-Equity is 0.33. Thomson Reuters' value of 0.29 is 12.1% below this benchmark. Historically, Thomson Reuters' own Debt-to-Equity has ranged from 0.17 to 0.81 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.33, Thomson Reuters has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 954 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thomson Reuters's current Debt-to-Equity of 0.29 is 12.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Thomson Reuters and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thomson Reuters's current Debt-to-Equity is 0.29, which is 19% below median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thomson Reuters stock overvalued right now?
Based on GuruFocus' analysis, Thomson Reuters (TRI) is currently considered Significantly Undervalued. The stock's GF Value™ is $189.80, compared to a current price of $104.87 — trading 44.7% below its estimated fair value. The current Debt-to-Equity is 0.29, which is 19% below median its 10-year median of 0.36 and 12.1% below the Business Services industry median of 0.33. Thomson Reuters' overall GF Score™ is 81/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Thomson Reuters (TRI), the current Debt-to-Equity is 0.29 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Thomson Reuters (TRI) Overvalued in 2026?
Based on GuruFocus' analysis, Thomson Reuters stock appears to be undervalued.
The current stock price of $104.87 is trading 44.7% below its estimated GF Value™ of $189.80.
GuruFocus considers Thomson Reuters to be Significantly Undervalued.
Key valuation signals for TRI:
Debt-to-Equity: 0.29 (19% below median its 10-year median of 0.36)
GF Value™: $189.80 vs. price of $104.87 (44.7% below fair value)
Industry Position: 12.1% below the Business Services median (#450 of 954)
No single metric tells the full story. See the TRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thomson Reuters is a leading global provider of business information services, delivering trusted data, technology, and expertise to professionals across legal, tax, accounting, risk, compliance, and the news and media sectors. Headquartered in Toronto, Canada, the company combines deep domain knowledge with data and software solutions to help clients make informed decisions, manage complexity, and drive efficiency. Thomson Reuters serves legal and accounting/tax professionals, corporations, and governments worldwide, but around 75% of revenue is generated in the US. The company is known for flagship products such as Westlaw, UltraTax CS, and Reuters News.
81GF Score
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