Thomson Reuters (TMSOF) Gross Profit (2018 - 2024)
Thomson Reuters' (TMSOF) quarterly Gross Profit came in at $1.9 billion in Q1 2024, up 8.92% on a YoY basis from $1.7 billion in Q2 2023, and up 8.92% quarter-over-quarter from $1.7 billion in Q1 2023.
Analysis
Thomson Reuters (TMSOF) Gross Profit (2018 - 2024) Analysis & Trends
Thomson Reuters (TMSOF) has reported Gross Profit for 7 consecutive years, with $1.9 billion the latest figure, recorded in Q1 2024.
- For the quarter ending Q1 2024, Gross Profit rose 8.92% year-over-year to $1.9 billion; the trailing twelve-month figure through Mar 2024 stood at $6.5 billion (up 4.27% YoY), and the FY2022 full-year result was $6.3 billion, changed N/A from the prior year.
- Gross Profit improved to $1.9 billion in Q1 2024 per TMSOF's latest filing, from $1.7 billion in the prior quarter.
- Across five years, Gross Profit topped out at $1.9 billion in Q1 2024 and bottomed at $1.4 billion in Q3 2020.
- Historically, Gross Profit has averaged $1.6 billion across 5 years, with a median of $1.5 billion in 2021.
- The sharpest annual moves came in 2020 and 2021: Gross Profit advanced 9.74% in 2020, then gained 2.2% in 2021.
- Over 5 years, Gross Profit stood at $1.6 billion in 2020, then dropped by 8.87% to $1.4 billion in 2021, then increased by 1.95% to $1.5 billion in 2022, then climbed by 16.91% to $1.7 billion in 2023, then increased by 8.92% to $1.9 billion in 2024.
- According to Business Quant data, Gross Profit over the past three periods registered $1.9 billion, $1.7 billion, and $1.5 billion for Q1 2024, Q1 2023, and Q4 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Docusign | 12.32 Bn | 11.54 Bn | 697.87 Mn |
| 2 | Thomson Reuters | 5.12 Bn | 4.08 Bn | - |
| 3 | Workiva | 4.09 Bn | 3.28 Bn | 205.27 Mn |
| 4 | Vertex | 2.02 Bn | 1.79 Bn | 131.30 Mn |
| 5 | Clarivate | 1.22 Bn | 1.01 Bn | 401.80 Mn |
| 6 | Donnelley Financial Solutions | 1.22 Bn | 1.19 Bn | 148.00 Mn |
| 7 | Legalzoom.Com | 987.95 Mn | 820.72 Mn | 139.93 Mn |
| 8 | Telos | 341.52 Mn | 290.87 Mn | 16.69 Mn |
| 9 | CS Disco | 261.83 Mn | 160.43 Mn | 32.11 Mn |
| 10 | Audioeye | 97.48 Mn | 88.76 Mn | 8.45 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 1.87 Bn |
| Mar 31, 2023 | 1.72 Bn |
| Dec 31, 2022 | 1.47 Bn |
| Sep 30, 2022 | 1.50 Bn |
| Mar 31, 2022 | 1.60 Bn |
| Sep 30, 2021 | 1.44 Bn |
| Mar 31, 2021 | 1.53 Bn |
| Dec 31, 2020 | 1.58 Bn |
| Sep 30, 2020 | 1.41 Bn |
| Mar 31, 2020 | 1.49 Bn |
| Dec 31, 2019 | 1.45 Bn |
| Sep 30, 2019 | 1.31 Bn |
| Mar 31, 2019 | 1.36 Bn |
| Dec 31, 2018 | 1.28 Bn |
| Sep 30, 2018 | 1.17 Bn |
| Jun 30, 2018 | 1.24 Bn |
| Mar 31, 2018 | 1.34 Bn |