Thomson Reuters (HAM:TOC0) Total Operating Expense: €3,227 Mil (TTM As of Mar. 2026)


HAM:TOC0 Thomson Reuters Corp HAM:TOC0
59 GF Score
Price €76.65
GF Value €154.73
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Thomson Reuters Total Operating Expense?

Thomson Reuters HAM:TOC0 -0.33% 59 Total Operating Expense is €3,227 Mil as of Mar. 2026. GuruFocus rates HAM:TOC0 with a GF Score™ of 59/100 and a GF Value™ of €154.73 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Thomson Reuters's Total Operating Expense for the three months ended in Mar. 2026 was €829 Mil. Thomson Reuters's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €3,227 Mil.

Thomson Reuters Total Operating Expense Related Terms

Thomson Reuters Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Thomson Reuters's Total Operating Expense 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 Total Operating Expense Chart

Thomson Reuters Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,125.82 3,046.29 3,011.43 3,410.31 3,141.01

Thomson Reuters Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 815.85 783.77 642.41 971.85 828.67
HAM:TOC0
59GF Score
Thomson Reuters Corp HAM:TOC0
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Thomson Reuters Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,227 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.

What does a Total Operating Expense of €3,227 Mil mean?
Thomson Reuters (HAM:TOC0) has a Total Operating Expense of €3,227 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Thomson Reuters and its competitors.
Is Thomson Reuters' Total Operating Expense too high?
Thomson Reuters' current Total Operating Expense is €3,227 Mil. Overall, Thomson Reuters has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thomson Reuters' Total Operating Expense compare to CTAS and CPRT?
Thomson Reuters' Total Operating Expense of €3,227 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Business Services company?
A good Total Operating Expense depends on the Business Services industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Thomson Reuters and its competitors. Thomson Reuters's current Total Operating Expense is €3,227 Mil. 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 (HAM:TOC0) is currently considered Significantly Undervalued. The stock's GF Value™ is €154.73, compared to a current price of €76.65 — trading 50.5% below its estimated fair value. The current Total Operating Expense is €3,227 Mil. Thomson Reuters' overall GF Score™ is 59/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Thomson Reuters (HAM:TOC0), the current Total Operating Expense is €3,227 Mil 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 (HAM:TOC0) Overvalued in 2026?

Based on GuruFocus' analysis, Thomson Reuters stock appears to be undervalued. The current stock price of €76.65 is trading 50.5% below its estimated GF Value™ of €154.73. GuruFocus considers Thomson Reuters to be Significantly Undervalued.

Key valuation signals for HAM:TOC0:

  • Total Operating Expense: €3,227 Mil
  • GF Value™: €154.73 vs. price of €76.65 (50.5% below fair value)
  • GF Score™: 59/100 with 1 warning sign

No single metric tells the full story. See the HAM: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.
59GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€76.65
Price
€154.73
GF Value