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TRI (Thomson Reuters) Enterprise Value : $77,992 Mil (As of Dec. 13, 2024)


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What is Thomson Reuters Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Thomson Reuters's Enterprise Value is $77,992 Mil. Thomson Reuters's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $1,882 Mil. Therefore, Thomson Reuters's EV-to-EBIT ratio for today is 41.44.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Thomson Reuters's Enterprise Value is $77,992 Mil. Thomson Reuters's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 was $2,685 Mil. Therefore, Thomson Reuters's EV-to-EBITDA ratio for today is 29.05.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Thomson Reuters's Enterprise Value is $77,992 Mil. Thomson Reuters's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $7,164 Mil. Therefore, Thomson Reuters's EV-to-Revenue ratio for today is 10.89.


Thomson Reuters Enterprise Value Historical Data

The historical data trend for Thomson Reuters's Enterprise Value 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.

* Premium members only.

Thomson Reuters Enterprise Value Chart

Thomson Reuters Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37,981.15 42,558.95 61,487.63 58,218.05 68,620.25

Thomson Reuters Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Enterprise Value 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 57,765.66 68,620.25 72,444.42 77,211.70 78,277.94

Competitive Comparison of Thomson Reuters's Enterprise Value

For the Specialty Business Services subindustry, Thomson Reuters's Enterprise Value, along with its competitors' market caps and Enterprise Value 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's Enterprise Value Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Thomson Reuters's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Thomson Reuters's Enterprise Value falls into.



Thomson Reuters Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Thomson Reuters's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Thomson Reuters's Enterprise Value for the quarter that ended in Sep. 2024 is calculated as

* 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  (NYSE:TRI) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Thomson Reuters's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=77992.318/1882
=41.44

Thomson Reuters's current Enterprise Value is $77,992 Mil.
Thomson Reuters's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,882 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Thomson Reuters's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=77992.318/2685
=29.05

Thomson Reuters's current Enterprise Value is $77,992 Mil.
Thomson Reuters's EBITDA for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,685 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Thomson Reuters's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=77992.318/7164
=10.89

Thomson Reuters's current Enterprise Value is $77,992 Mil.
Thomson Reuters's Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,164 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 Enterprise Value Related Terms

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Thomson Reuters Business Description

Address
19 Duncan Street, Suite 300, Toronto, ON, CAN, M5H 3H1
Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008. In 2021, Thomson Reuters completed the sale of Refinitiv to LSE Group. Thomson Reuters' three largest segments are its legal professionals, Tax and accounting, and corporates segments. Legal professionals is about 42% of the firm's revenue and 47% of the firm's adjusted EBITDA. Tax and accounting makes up about 20%-25% of the firm's revenue and EBITDA. Corporates, which consists of legal professionals and tax and accounting products sold to corporations, also makes up about 20%-25% of the firm's revenue and EBITDA. Thomson Reuters' smaller segments include its Reuters news business and global print business.