Thomson Reuters (LTS:0Q89) ROC (Joel Greenblatt) %: 742.07% (As of Mar. 2026) — 159% Above Median

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LTS:0Q89 Thomson Reuters Corp LTS:0Q89
75 GF Score
Price C$125.45
GF Value C$261.34
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Thomson Reuters ROC (Joel Greenblatt) %?

Thomson Reuters LTS:0Q89 +4.85% 75 ROC (Joel Greenblatt) % is 742.07% as of Mar. 2026, which is 159% above its 10-year median of 286.73. GuruFocus rates LTS:0Q89 with a GF Score™ of 75/100 and a GF Value™ of C$261.34 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,082 Business Services companies, Thomson Reuters ranks better than 95.93% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Thomson Reuters's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 742.07%.

The historical rank and industry rank for Thomson Reuters's ROC (Joel Greenblatt) % or its related term are showing as below:

LTS:0Q89' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 90.5   Med: 286.73   Max: 603.18
Current: 603.18

During the past 13 years, Thomson Reuters's highest ROC (Joel Greenblatt) % was 603.18%. The lowest was 90.50%. And the median was 286.73%.

LTS:0Q89's ROC (Joel Greenblatt) % is ranked better than
95.93% of 1082 companies
in the Business Services industry
Industry Median: 21.23 vs LTS:0Q89: 603.18

Thomson Reuters's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 15.60% per year.


Thomson Reuters  (LTS:0Q89) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Thomson Reuters ROC (Joel Greenblatt) % Related Terms


Thomson Reuters ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Thomson Reuters's ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % Chart

Thomson Reuters Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 239.64 515.45 513.73 552.71 557.36

Thomson Reuters Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % 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 600.47 415.15 672.99 597.49 742.07

LTS:0Q89 vs CTAS, CPRT, ULS: ROC (Joel Greenblatt) % Comparison

For the Specialty Business Services subindustry, Thomson Reuters's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Business Services Industry

For the Business Services industry and Industrials sector, Thomson Reuters's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Thomson Reuters's ROC (Joel Greenblatt) % falls into.


LTS:0Q89
75GF Score
Thomson Reuters Corp LTS:0Q89
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thomson Reuters ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1532.625 + 31.729 + 720.098) - (1651.262 + 1725.755 + 228.996)
=-1321.561

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1624.448 + 0 + 631.12) - (1561.336 + 1594.264 + 149.548)
=-1049.58

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Thomson Reuters for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3583.664/( ( (498 + max(-1321.561, 0)) + (467.852 + max(-1049.58, 0)) )/ 2 )
=3583.664/( ( 498 + 467.852 )/ 2 )
=3583.664/482.926
=742.07 %

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

What does a ROC (Joel Greenblatt) % of 742.07% mean?
Thomson Reuters (LTS:0Q89) has a ROC (Joel Greenblatt) % of 742.07% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Thomson Reuters and its competitors. This is 159% above median its historical median of 286.73. Over the past decade, Thomson Reuters' ROC (Joel Greenblatt) % has ranged from 90.50 to 603.18. According to the industry distribution chart, Thomson Reuters ranks #44 out of 1082 companies in the Business Services industry, placing it in the top 4.1%.
Is Thomson Reuters' ROC (Joel Greenblatt) % too high?
Thomson Reuters' current ROC (Joel Greenblatt) % of 742.07% is 159% above median its 10-year median of 286.73. Over the past 10 years, this metric has ranged from a low of 90.50 to a high of 603.18. The Business Services industry median ROC (Joel Greenblatt) % is 21.23. Thomson Reuters' value of 742.07% is 3395.4% above this industry median. Based on the distribution chart, Thomson Reuters ranks #44 out of 1082 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 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thomson Reuters' ROC (Joel Greenblatt) % compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Thomson Reuters ranks #44 out of 1082 companies for ROC (Joel Greenblatt) %. This places Thomson Reuters in the top 4% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 21.23. Thomson Reuters' value of 742.07% is 3395.4% above this benchmark. Historically, Thomson Reuters' own ROC (Joel Greenblatt) % has ranged from 90.50 to 603.18 over the past decade. While the company's 10-year median is 286.73 vs. the industry median of 21.23, 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 ROC (Joel Greenblatt) % for a Business Services company?
The median ROC (Joel Greenblatt) % among Business Services companies is 21.23, based on 1,082 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thomson Reuters's current ROC (Joel Greenblatt) % of 742.07% is 3395.4% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Thomson Reuters and its competitors. For the Business Services industry, the median ROC (Joel Greenblatt) % is 21.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thomson Reuters's current ROC (Joel Greenblatt) % is 742.07%, which is 159% above median its own 10-year median of 286.73. 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 (LTS:0Q89) is currently considered Significantly Undervalued. The stock's GF Value™ is C$261.34, compared to a current price of C$125.45 — trading 52% below its estimated fair value. The current ROC (Joel Greenblatt) % is 742.07%, which is 159% above median its 10-year median of 286.73 and 3395.4% above the Business Services industry median of 21.23. Thomson Reuters' overall GF Score™ is 75/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Thomson Reuters (LTS:0Q89), the current ROC (Joel Greenblatt) % is 742.07% 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 (LTS:0Q89) Overvalued in 2026?

Based on GuruFocus' analysis, Thomson Reuters stock appears to be undervalued. The current stock price of C$125.45 is trading 52% below its estimated GF Value™ of C$261.34. GuruFocus considers Thomson Reuters to be Significantly Undervalued.

Key valuation signals for LTS:0Q89:

  • ROC (Joel Greenblatt) %: 742.07% (159% above median its 10-year median of 286.73)
  • GF Value™: C$261.34 vs. price of C$125.45 (52% below fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 3395.4% above the Business Services median (#44 of 1082)

No single metric tells the full story. See the LTS:0Q89 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.
75GF Score

Get the complete analysis for LTS:0Q89

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$125.45
Price
C$261.34
GF Value