Thomson Reuters (STU:TOC0) Net Margin %: 21.99% (As of Mar. 2026) — 19% Below Median


STU:TOC0 Thomson Reuters Corp STU:TOC0
70 GF Score
Price €80.26
GF Value €179.38
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Thomson Reuters Net Margin %?

Thomson Reuters STU:TOC0 70 Net Margin % is 21.99% as of Mar. 2026, which is 19% below its 10-year median of 27.11. GuruFocus rates STU:TOC0 with a GF Score™ of 70/100 and a GF Value™ of €179.38 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,074 Business Services companies, Thomson Reuters ranks better than 90.41% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Thomson Reuters's Net Income for the three months ended in Mar. 2026 was €397 Mil. Thomson Reuters's Revenue for the three months ended in Mar. 2026 was €1,805 Mil. Therefore, Thomson Reuters's net margin for the quarter that ended in Mar. 2026 was 21.99%.

The historical rank and industry rank for Thomson Reuters's Net Margin % or its related term are showing as below:

STU:TOC0' s Net Margin % Range Over the Past 10 Years
Min: 18.75   Med: 27.11   Max: 89.62
Current: 19.93


STU:TOC0's Net Margin % is ranked better than
90.41% of 1074 companies
in the Business Services industry
Industry Median: 3.83 vs STU:TOC0: 19.93

Thomson Reuters  (STU:TOC0) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Thomson Reuters Net Margin % Related Terms


Thomson Reuters Net Margin % Historical Data

* Premium members only.

The historical data trend for Thomson Reuters's Net Margin % 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 Net Margin % Chart

Thomson Reuters Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.62 20.19 39.67 30.45 20.09

Thomson Reuters Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % 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 22.84 17.54 23.74 16.53 21.99

STU:TOC0 vs CTAS, CPRT, GPN: Net Margin % Comparison

For the Specialty Business Services subindustry, Thomson Reuters's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Business Services Industry

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

* The bar in red indicates where Thomson Reuters's Net Margin % falls into.


STU:TOC0
70GF Score
Thomson Reuters Corp STU:TOC0
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thomson Reuters Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Thomson Reuters's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1282.708/6384.504
=20.09 %

Thomson Reuters's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=397.035/1805.255
=21.99 %

* 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 Net Margin % →
What does a Net Margin % of 21.99% mean?
Thomson Reuters (STU:TOC0) has a Net Margin % of 21.99% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Thomson Reuters and its competitors. This is 19% below median its historical median of 27.11. Over the past decade, Thomson Reuters' Net Margin % has ranged from 18.75 to 89.62. According to the industry distribution chart, Thomson Reuters ranks #103 out of 1074 companies in the Business Services industry, placing it in the top 9.6%.
Is Thomson Reuters' Net Margin % too high?
Thomson Reuters' current Net Margin % of 21.99% is 19% below median its 10-year median of 27.11. Over the past 10 years, this metric has ranged from a low of 18.75 to a high of 89.62. The Business Services industry median Net Margin % is 3.83. Thomson Reuters' value of 21.99% is 474.2% above this industry median. Based on the distribution chart, Thomson Reuters ranks #103 out of 1074 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Thomson Reuters has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thomson Reuters' Net Margin % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Thomson Reuters ranks #103 out of 1074 companies for Net Margin %. This places Thomson Reuters in the top 10% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.83. Thomson Reuters' value of 21.99% is 474.2% above this benchmark. Historically, Thomson Reuters' own Net Margin % has ranged from 18.75 to 89.62 over the past decade. While the company's 10-year median is 27.11 vs. the industry median of 3.83, 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 Net Margin % for a Business Services company?
The median Net Margin % among Business Services companies is 3.83, based on 1,074 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thomson Reuters's current Net Margin % of 21.99% is 474.2% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Thomson Reuters and its competitors. For the Business Services industry, the median Net Margin % is 3.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thomson Reuters's current Net Margin % is 21.99%, which is 19% below median its own 10-year median of 27.11. 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 (STU:TOC0) is currently considered Significantly Undervalued. The stock's GF Value™ is €179.38, compared to a current price of €80.26 — trading 55.3% below its estimated fair value. The current Net Margin % is 21.99%, which is 19% below median its 10-year median of 27.11 and 474.2% above the Business Services industry median of 3.83. Thomson Reuters' overall GF Score™ is 70/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Thomson Reuters (STU:TOC0), the current Net Margin % is 21.99% as of Mar. 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 (STU:TOC0) Overvalued in 2026?

Based on GuruFocus' analysis, Thomson Reuters stock appears to be undervalued. The current stock price of €80.26 is trading 55.3% below its estimated GF Value™ of €179.38. GuruFocus considers Thomson Reuters to be Significantly Undervalued.

Key valuation signals for STU:TOC0:

  • Net Margin %: 21.99% (19% below median its 10-year median of 27.11)
  • GF Value™: €179.38 vs. price of €80.26 (55.3% below fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 474.2% above the Business Services median (#103 of 1074)

No single metric tells the full story. See the STU:TOC0 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.
70GF Score

Get the complete analysis for STU:TOC0

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€80.26
Price
€179.38
GF Value