Thomson Reuters (TRI) EBITDA Margin (2009 - 2026)
Thomson Reuters (TRI) posted EBITDA Margin of 24.50% for Q3 2026, up 2.72 percentage points from 21.77% a year earlier and up 4.84 percentage points from the prior quarter.
Powered by 
Analysis
Thomson Reuters (TRI) EBITDA Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EBITDA Margin at Thomson Reuters was 26.86%, up 4.09 percentage points year-over-year; for FY2025, it came in at 39.65%, up 0.52 percentage points from FY2024.
- Annual EBITDA Margin has increased for four consecutive years, with a five-year change of +4.34 percentage points (FY2020 to FY2025).
- In prior years, Thomson Reuters' EBITDA Margin was 39.13% in FY2024 (+3.10 pp), 36.03% in FY2023 (+6.24 pp), 29.79% in FY2022 (+7.43 pp) and 22.35% in FY2021 (-12.96 pp).
- Quarterly EBITDA Margin has run from a low of 10.99% in Q4 2021 to a high of 60.96% in Q2 2023 over five years.
- On a year-over-year basis, EBITDA Margin has increased in each of the last three quarters, with an average year-over-year change of +0.78 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q2 2023, with a gain of 25.33 percentage points; the weakest was Q4 2021, with a drop of 43.03 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 19.65% (Q2 2026), 33.11% (Q1 2026) and 29.52% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 404.71 Bn | 369.66 Bn | 1.93 Bn | 47.20% |
| 2 | Oracle | 379.12 Bn | 251.67 Bn | 18.57 Bn | 52.36% |
| 3 | Sap Se | 288.51 Bn | 216.50 Bn | 8.64 Bn | 31.77% |
| 4 | Salesforce | 179.30 Bn | 135.17 Bn | 8.70 Bn | 34.25% |
| 5 | Automatic Data Processing | 122.61 Bn | 109.40 Bn | 2.53 Bn | -21.73% |
| 6 | ServiceNow | 106.15 Bn | 85.41 Bn | 2.90 Bn | 23.23% |
| 7 | Intuit | 91.71 Bn | 71.06 Bn | 3.44 Bn | 15.92% |
| 8 | Relx | 73.69 Bn | 73.69 Bn | - | - |
| 9 | Thomson Reuters | 48.63 Bn | 44.60 Bn | - | 24.50% |
| 10 | Roper Technologies | 47.52 Bn | 46.16 Bn | 1.52 Bn | 39.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.50% |
| Jun 30, 2026 | 19.65% |
| Mar 31, 2026 | 33.11% |
| Dec 31, 2025 | 29.52% |
| Sep 30, 2025 | 21.77% |
| Jun 30, 2025 | 16.02% |
| Mar 31, 2025 | 21.89% |
| Dec 31, 2024 | 30.80% |
| Sep 30, 2024 | 17.05% |
| Jun 30, 2024 | 35.69% |
| Mar 31, 2024 | 22.92% |
| Dec 31, 2023 | 57.96% |
| Sep 30, 2023 | 21.14% |
| Jun 30, 2023 | 60.96% |
| Mar 31, 2023 | 24.17% |
| Dec 31, 2022 | 30.03% |
| Sep 30, 2022 | 19.89% |
| Jun 30, 2022 | 35.63% |
| Mar 31, 2022 | 20.19% |
| Dec 31, 2021 | 10.99% |
API Access
Thomson Reuters EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=TRI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "TRI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=TRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();