TRI (Thomson Reuters) EV-to-EBIT: 20.44 (As of Aug. 13, 2026) — 37% Below Median

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TRI Thomson Reuters Corp TRI
81 GF Score
Price $106.07
GF Value $188.33
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Thomson Reuters EV-to-EBIT?

Thomson Reuters TRI +3.35% 81 EV-to-EBIT is 20.44 as of Aug. 13, 2026, which is 37% below its 10-year median of 32.66. GuruFocus rates TRI with a GF Score™ of 81/100 and a GF Value™ of $188.33 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 853 Business Services companies, Thomson Reuters ranks worse than 75.26% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Thomson Reuters's Enterprise Value is $48,559 Mil. Thomson Reuters's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $2,376 Mil. Therefore, Thomson Reuters's EV-to-EBIT for today is 20.44.

The historical rank and industry rank for Thomson Reuters's EV-to-EBIT or its related term are showing as below:

TRI' s EV-to-EBIT Range Over the Past 10 Years
Min: 17.36   Med: 32.66   Max: 50.95
Current: 20.44

During the past 13 years, the highest EV-to-EBIT of Thomson Reuters was 50.95. The lowest was 17.36. And the median was 32.66.

TRI's EV-to-EBIT is ranked worse than
75.26% of 853 companies
in the Business Services industry
Industry Median: 10.95 vs TRI: 20.44

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Thomson Reuters's Enterprise Value for the quarter that ended in Jun. 2026 was $37,994 Mil. Thomson Reuters's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $2,376 Mil. Thomson Reuters's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 6.25%.


Thomson Reuters  (NAS:TRI) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Thomson Reuters's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=2376/37994.444
=6.25 %

Thomson Reuters's Enterprise Value for the quarter that ended in Jun. 2026 was $37,994 Mil.
Thomson Reuters's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,376 Mil.

* 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 EV-to-EBIT Related Terms


Thomson Reuters EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Thomson Reuters's EV-to-EBIT 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.

Thomson Reuters EV-to-EBIT Chart

Thomson Reuters Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.44 25.39 30.47 33.28 28.55

Thomson Reuters Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.05 29.45 28.55 19.25 16.37

TRI vs CTAS, CPRT, GPN: EV-to-EBIT Comparison

For the Specialty Business Services subindustry, Thomson Reuters's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, Thomson Reuters's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Thomson Reuters's EV-to-EBIT falls into.


TRI
81GF Score
Thomson Reuters Corp TRI
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Thomson Reuters EV-to-EBIT Calculation

Thomson Reuters's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=48559.087/2376
=20.44

Thomson Reuters's current Enterprise Value is $48,559 Mil.
Thomson Reuters's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,376 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 20.44 mean?
Thomson Reuters (TRI) has a EV-to-EBIT of 20.44 as of Aug. 13, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Thomson Reuters and its competitors. This is 37% below median its historical median of 32.66. Over the past decade, Thomson Reuters' EV-to-EBIT has ranged from 17.36 to 50.95. According to the industry distribution chart, Thomson Reuters ranks #642 out of 853 companies in the Business Services industry, placing it in the top 75.3%.
Is Thomson Reuters' EV-to-EBIT too high?
Thomson Reuters' current EV-to-EBIT of 20.44 is 37% below median its 10-year median of 32.66. Over the past 10 years, this metric has ranged from a low of 17.36 to a high of 50.95. The Business Services industry median EV-to-EBIT is 10.95. Thomson Reuters' value of 20.44 is 86.7% above this industry median. Based on the distribution chart, Thomson Reuters ranks #642 out of 853 companies in the Business Services industry, which is in the bottom quartile relative to peers. 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' EV-to-EBIT compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Thomson Reuters ranks #642 out of 853 companies for EV-to-EBIT. This places Thomson Reuters in the lower half of its industry. The industry median EV-to-EBIT is 10.95. Thomson Reuters' value of 20.44 is 86.7% above this benchmark. Historically, Thomson Reuters' own EV-to-EBIT has ranged from 17.36 to 50.95 over the past decade. While the company's 10-year median is 32.66 vs. the industry median of 10.95, Thomson Reuters has consistently been above 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 EV-to-EBIT for a Business Services company?
The median EV-to-EBIT among Business Services companies is 10.95, based on 853 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thomson Reuters's current EV-to-EBIT of 20.44 is 86.7% above 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Thomson Reuters and its competitors. For the Business Services industry, the median EV-to-EBIT is 10.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thomson Reuters's current EV-to-EBIT is 20.44, which is 37% below median its own 10-year median of 32.66. 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 $188.33, compared to a current price of $106.07 — trading 43.7% below its estimated fair value. The current EV-to-EBIT is 20.44, which is 37% below median its 10-year median of 32.66 and 86.7% above the Business Services industry median of 10.95. 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 EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Thomson Reuters (TRI), the current EV-to-EBIT is 20.44 as of Aug. 13, 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 $106.07 is trading 43.7% below its estimated GF Value™ of $188.33. GuruFocus considers Thomson Reuters to be Significantly Undervalued.

Key valuation signals for TRI:

  • EV-to-EBIT: 20.44 (37% below median its 10-year median of 32.66)
  • GF Value™: $188.33 vs. price of $106.07 (43.7% below fair value)
  • GF Score™: 81/100 with 1 warning sign
  • Industry Position: 86.7% above the Business Services median (#642 of 853)

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 Business Description

Address 19 Duncan Street, Toronto, ON, CAN, M5H 3H1
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

Get the complete analysis for TRI

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$106.07
Price
$188.33
GF Value