Thomson Reuters Corporation

TSX-TRI

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Total Revenues						5,906	5,984	6,348	6,627	6,794	7,034
Total Revenues % Chg.						7.4%	1.3%	6.1%	4.4%	2.5%	4.6%
Cost of Goods Sold, Total						4,224	3,944	4,139	4,068	4,095	4,201
Gross Profit						1,682	2,040	2,209	2,559	2,699	2,833
Selling General & Admin Expenses, Total						97	76	61	52	64	65
Depreciation & Amortization						154	184	177	140	116	114
Amortization of Goodwill and Intangible Assets						563	608	593	584	609	671
Other Operating Expenses	—	—	—	—	—	—	—	-29	6	-13	51
Other Operating Expenses, Total						814	868	802	782	776	901
Operating Income						868	1,172	1,407	1,777	1,923	1,932
Interest Expense, Total						-161	-82	-185	-192	-211	-190
Interest And Investment Income						44	5	2	7	84	76
Net Interest Expenses						-117	-77	-183	-185	-127	-114
Income (Loss) On Equity Invest.						-599	-544	6,240	-432	1,075	139
Currency Exchange Gains (Loss)						-65	-67	-2	516	-227	-30
Other Non Operating Income (Expenses)		—	—		—	-2	—	10	-72	35	54
EBT, Excl. Unusual Items						85	484	7,472	1,604	2,679	1,981
Restructuring Charges		—		—		-117	—	-183	-171	—	—
Gain (Loss) On Sale Of Investments	—	—	—	—	—	419	554	—	—	—	—
Gain (Loss) On Sale Of Assets				—		—	—	5	217	384	14
Other Unusual Items						-15	182	—	—	—	—
EBT, Incl. Unusual Items						372	1,220	7,294	1,650	3,063	1,995
Income Tax Expense						-1,198	71	1,607	259	417	-333
Earnings From Continuing Operations						1,570	1,149	5,687	1,391	2,646	2,328
Earnings Of Discontinued Operations	—					-6	-27	2	-53	49	36
Minority Interest						—	—	—	—	—	3
Net Income						1,564	1,122	5,689	1,338	2,695	2,367
Preferred Dividend and Other Adjustments						3	2	2	3	5	5
Net Income to Common Incl Extra Items						1,561	1,120	5,687	1,335	2,690	2,362
Net Income to Common Excl. Extra Items						1,567	1,147	5,685	1,388	2,641	2,326
Total Shares Outstanding						479.5	479.2	468.6	458.9	453	449.7
Weighted Avg. Shares Outstanding						482.8	478.8	475.7	466.4	463.2	453
Weighted Avg. Shares Outstanding Dil						484.4	480.1	476.7	467.5	464	453.7
EPS						3.2	2.3	12	2.9	5.8	5.2
EPS Diluted						3.2	2.3	11.9	2.9	5.8	5.2
EBITDA						1,082	1,389	1,650	1,963	2,085	2,092
Effective Tax Rate						-322%	5.8%	22%	15.7%	13.6%	-16.7%