TRIThomson Reuters Corporation
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (AA) and typical volatility.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -63% · now 35% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can TRI take a bad year?
Thomson Reuters Corporation carries $1.11B of net debt at 0.54× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2025 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.54×
Net debt / EBITDA · 1.15× a year ago · the load is coming down
- Interest cover
- 14.7×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 39%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2025
- $1.84B
- Cash and short-term investments
- $727M
- Net debt
- $1.11B
- EBITDA, trailing twelve months
- $2.08B
- Operating profit, trailing twelve months
- $1.97B
- Debt / equity
- 0.15×
- Total debt / EBITDA
- 0.88×
- Annualised volatilitytwo years of daily moves
- 39%
- Worst drawdown on file
- −63%
- Below its 52-week high
- 35%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Specialty Business Services
Ranks #4 of 22 by RyuScore