TRI vs DOX vs CLVT Stock Comparison

Thomson Reuters, Amdocs and Clarivate Prices as of Oct 27, 2026 Peers: Industry group
TRI Thomson Reuters Corp /Can/
$116.41 +17.6% 1M -28.3% 1Y
Market cap
$51.80B
P/E
32.2x
Revenue (TTM)
$7.83B
Div. yield
3.45%
Compliance Software Technology
4 wins
DOX Amdocs Ltd
$61.77 +7.0% 1M -26.7% 1Y
Market cap
$6.70B
P/E
15.0x
Revenue (TTM)
$4.65B
Div. yield
3.62%
Networking Equipment Technology
6 wins
CLVT Clarivate Plc
$1.82 +2.8% 1M -50.8% 1Y
Market cap
$1.16B
P/E
–
Revenue (TTM)
$2.41B
Div. yield
–
Compliance Software Technology
1 win

Head to Head

11 decided of 12

Amdocs leads on 6 of the 12 questions below (Amdocs 6, Thomson Reuters 4, Clarivate 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTRIDOXCLVTLeader
Larger companyMarket capitalisation $51.80B $6.70B $1.16B TRI
Cheaper on earningsLower P/E, profitable companies only 32.2x 15.0x -3.5x DOX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 26.0x 7.8x 2.5x CLVT
Faster revenue growthRevenue growth, trailing twelve months +7.0% +0.1% -3.5% TRI
More profitableNet margin, trailing twelve months 20.7% 9.8% -13.8% TRI
Better return on capitalReturn on invested capital — — -0.9% –
Less leveragedLower net debt / EBITDA 1.2x 0.9x 6.0x DOX
Higher dividend yieldTrailing dividend yield 3.45% 3.62% — DOX
Better 1-year returnPrice return, last 12 months -28.3% -26.7% -50.8% DOX
Better 5-year returnAnnualised price return, 5 years -1.2%/yr -4.2%/yr -39.8%/yr TRI
Less volatileAnnualised volatility, 1 year 51.8% 29.8% 74.7% DOX
Higher overall scoreMean of the five percentile scores vs peers 57/100 64/100 57/100 DOX

Percentile Scorecard

TRIDOXCLVT

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisTRIDOXCLVT
Valuation 51 #50 of 101 90 #12 of 112 94 #7 of 101
Growth 29 #69 of 97 15 #93 of 109 30 #68 of 97
Profitability 99 #2 of 94 84 #18 of 104 45 #52 of 94
Financial Health 65 #38 of 108 36 #75 of 116 27 #79 of 108
Shareholder Returns 38 #40 of 64 96 #4 of 81 89 #8 of 64
Overall 57 64 57
  • TRI ranked among 114 companies in Business Applications
  • DOX ranked among 122 companies in Computer Hardware
  • CLVT ranked among 114 companies in Business Applications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodTRIDOXCLVTSPY
1 month +17.6%+7.0%+2.8% -0.2%
3 months +12.7%+12.6%-24.8% +3.9%
6 months +29.5%-3.9%-27.5% +8.2%
Year to date -11.7%-23.3%-45.5% +12.9%
1 year -28.3%-26.7%-50.8% +12.3%
3 years -1.2%-21.5%-71.4% +87.4%
3 years, per year -0.4%-7.8%-34.1% +23.3%
5 years -5.7%-19.4%-92.1% +67.9%
5 years, per year -1.2%-4.2%-39.8% +10.9%
10 years +183.3%+5.9%— +261.1%
10 years, per year +11.0%+0.6%— +13.7%

Risk

MeasureTRIDOXCLVTSPY
Volatility, 1Y 51.8%29.8%74.7% 12.7%
Downside volatility, 1Y 52.4%32.5%72.3% 12.7%
Beta vs S&P 500, 1Y 0.160.250.78 1.00
Return / volatility, 1Y -0.55-0.90-0.68 0.97
Max drawdown, 5Y -64.3%-49.5%-94.3% -25.4%
From 52-week high -28.3%-27.7%-51.6% -1.2%
52-week high $162.38$85.49$3.76 $779.14
52-week low $76.55$49.87$1.45 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleTRIDOXCLVT
P/E now vs peer median 32.2xmedian 28.3x 15.0xmedian 33.2x -3.5xmedian 28.3x
P/S now vs peer median 6.6xmedian 2.8x 1.4xmedian 2.8x 0.5xmedian 2.8x
EV/EBITDA now vs peer median 25.8xmedian 17.3x 8.9xmedian 20.0x 7.7xmedian 17.3x
P/FCF now vs peer median 16.2xmedian 15.8x 7.8xmedian 29.8x 3.6xmedian 15.8x
P/B now vs peer median 4.7xmedian 3.2x 2.0xmedian 3.0x 0.3xmedian 3.2x
PEG now vs peer median 3.11median 0.85 -4.11median 1.17 -0.06median 0.85

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsTRIDOXCLVT
Revenue $7.83B $4.65B $2.41B
Gross profit – $1.78B $1.61B
Operating income $2.33B $626.70M -$84.60M
Net income $1.68B $457.53M -$334.00M
Free cash flow $3.19B $858.80M $327.60M
R&D – $343.21M –
EPS (diluted) $3.61 $4.17 $-0.52
Cash & equivalents $577.00M $206.45M $217.70M
Total debt $3.26B $3.25B $4.21B
Shares (diluted) 449.53M 109.66M 639.40M
Enterprise value $48.58B $5.75B $56.45M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricTRIDOXCLVT
P/E 32.2x 15.0x -3.5x
P/FCF 16.2x 7.8x 3.6x
P/Operating cash flow 17.9x 8.9x 2.0x
P/S 6.6x 1.4x 0.5x
P/B 4.7x 2.0x 0.3x
P/Tangible book 6.4x 2.2x -0.4x
EV/EBITDA 25.8x 8.9x 7.7x
EV/EBIT 23.3x 11.8x -61.0x
EV/Revenue 6.9x 1.6x 2.1x
EV/FCF 17.1x 8.6x 15.7x
EV/Operating cash flow 18.8x 9.9x 9.0x
PEG (3Y EPS CAGR) 3.11 -4.11 -0.06

Growth

14 metrics
MetricTRIDOXCLVT
Revenue growth (1Y) 7.0% 0.1% -3.5%
Revenue CAGR (3Y) 5.2% -1.1% -2.6%
Gross profit growth (1Y) – 2.9% -2.4%
Gross profit CAGR (3Y) – 1.5% -1.6%
Operating income growth (1Y) 9.1% -11.9% -55.2%
Operating income CAGR (3Y) -0.5% -3.0% 72.6%
Net income growth (1Y) 4.7% -18.0% 22.9%
Net income CAGR (3Y) -6.8% -7.0% 56.9%
EPS growth (1Y) 8.4% -14.5% 17.9%
EPS CAGR (3Y) 10.4% -3.7% 56.4%
Operating cash flow growth (1Y) 14.5% 1.6% -9.1%
Operating cash flow CAGR (3Y) 10.1% -0.8% -7.9%
Free cash flow growth (1Y) 13.0% 2.8% -5.3%
Free cash flow CAGR (3Y) 9.0% -3.2% -13.4%

Profitability

14 metrics
MetricTRIDOXCLVT
Gross margin – 38.3% 66.8%
EBITDA margin 26.9% 17.9% 27.6%
Operating margin 29.7% 13.5% -3.5%
Pretax margin 46.5% 12.5% -14.0%
Net margin 20.7% 9.8% -13.8%
FCF margin 40.7% 18.5% 13.6%
Operating cash flow margin 36.9% 16.1% 23.8%
Return on equity – – -7.2%
Return on assets – 7.2% -3.1%
Return on invested capital – – -0.9%
Return on capital employed – 13.4% -0.9%
Asset turnover – 0.7x 0.2x
Cash conversion (OCF / net income) 1.7x 1.6x -1.7x
Stock comp / revenue – 2.4% 2.6%

Financial Health

11 metrics
MetricTRIDOXCLVT
Debt / assets 18.0% 14.5% 40.2%
Debt / equity 0.3x 0.3x 0.9x
Net debt / EBITDA 1.2x 0.9x 6.0x
Debt / FCF 1.0x 1.1x 12.9x
Liabilities / assets 38.5% 48.1% 56.7%
Equity / assets 61.5% 51.9% 43.3%
Interest coverage 116.5x – –
Current ratio 0.5x 0.9x 0.8x
Quick ratio -2.5x 1.0x 0.7x
Cash ratio 0.2x 0.1x 0.2x
Altman Z-score 5.88 3.93 -0.75

Shareholder Returns

7 metrics
MetricTRIDOXCLVT
Dividend yield 3.4% 3.6% –
Net buyback yield -2.2% 7.9% 12.3%
Shareholder yield 1.2% 11.5% 12.3%
Payout ratio (earnings) 30.9% – –
Payout ratio (FCF) 16.3% – –
Dividend growth (1Y) -10.6% – –
Dividend CAGR (3Y) -8.5% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusTRIDOXCLVT
Forward P/E 26.0xFY2026 7.8xFY2026 2.5xFY2026
EPS, next fiscal year $4.47FY2026 $7.92FY2026 $0.72FY2026
EPS growth, next FY +12.6%FY2026 +13.3%FY2026 +4.3%FY2026
EPS growth, the year after +8.1% +4.0% +11.1%
Revenue, next fiscal year $7.73BFY2026 $4.46BFY2026 $2.19BFY2026
Revenue growth, next FY +3.8%FY2026 -1.6%FY2026 -11.0%FY2026
Revenue growth, the year after +15.5% +5.0% +6.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTRIDOXCLVT
Held by institutions 90.1% 93.0% 91.1%
Institutions holding 421 446 242
Change in shares held, QoQ +0.6% +0.5% +1.7%
Institutions buying 408 250 129
Institutions selling 9 151 81
Buyers to sellers 45.33 1.66 1.59

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

TRIDOXCLVT
TRI 1.00 0.57 0.57
DOX 0.57 1.00 0.40
CLVT 0.57 0.40 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TRI, DOX and CLVT?

Thomson Reuters (TRI) is the largest by market capitalisation: Thomson Reuters (TRI) $51.80B, Amdocs (DOX) $6.70B, Clarivate (CLVT) $1.16B.

Which stock is cheaper, TRI, DOX and CLVT?

Amdocs (DOX) trades on the lowest price-to-earnings ratio (Thomson Reuters (TRI) 32.2x, Amdocs (DOX) 15.0x, Clarivate (CLVT) -3.5x). On next year's consensus earnings, Clarivate (CLVT) is cheapest (Thomson Reuters (TRI) 26.0x, Amdocs (DOX) 7.8x, Clarivate (CLVT) 2.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Thomson Reuters (TRI) grew revenue fastest over the trailing twelve months: Thomson Reuters (TRI) +7.0%, Amdocs (DOX) +0.1%, Clarivate (CLVT) -3.5%.

Which company is more profitable?

Thomson Reuters (TRI) has the highest net margin (Thomson Reuters (TRI) 20.7%, Amdocs (DOX) 9.8%, Clarivate (CLVT) -13.8%).

Which stock has performed better?

Over the past year Amdocs (DOX) returned the most: Thomson Reuters (TRI) -28.3%, Amdocs (DOX) -26.7%, Clarivate (CLVT) -50.8%. Over five years, Thomson Reuters (TRI) compounded fastest (Thomson Reuters (TRI) -1.2%/yr, Amdocs (DOX) -4.2%/yr, Clarivate (CLVT) -39.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Amdocs (DOX) has the highest dividend yield: Thomson Reuters (TRI) 3.45%, Amdocs (DOX) 3.62%. Clarivate (CLVT) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Amdocs (DOX) has been the steadiest (Thomson Reuters (TRI) 51.8%, Amdocs (DOX) 29.8%, Clarivate (CLVT) 74.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TRI, DOX and CLVT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Amdocs (DOX) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.