Thomson Reuters (TRI) EV to EBITDA (2009 - 2026)
Thomson Reuters' (TRI) EV to EBITDA stood at 16.75 in Q2 2026, down 70.3% from 56.43 a year earlier and down 14.1% from the prior quarter.
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Analysis
Thomson Reuters (TRI) EV to EBITDA (2009 - 2026) Analysis & Trends
On a TTM basis, Thomson Reuters' EV to EBITDA came in at 15.38 as of Jun 30, 2026, down 70.7% year-over-year; for FY2025, it was 24.65, down 43.3% from FY2024.
- Across earlier years, EV to EBITDA came in at 43.49 in FY2024 (+30.6%), 33.31 in FY2023 (-6.0%), 35.43 in FY2022 (-41.3%) and 60.32 in FY2021 (+156.0%).
- The Q2 2026 figure is the lowest quarterly EV to EBITDA in data going back to Q4 2016.
- On a year-over-year basis, EV to EBITDA has declined for four consecutive quarters, with an average year-over-year change of 0.0% over the last eight quarters.
- Peak year-over-year performance for EV to EBITDA in the last five years was growth of 156.0% in Q4 2021, against a decline of 70.3% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 19.50 (Q1 2026), 33.28 (Q4 2025) and 39.81 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 472.77 Bn | 441.83 Bn | 1.64 Bn |
| 2 | Oracle | 381.27 Bn | 253.82 Bn | - |
| 3 | Sap Se | 292.64 Bn | 221.00 Bn | 8.40 Bn |
| 4 | Salesforce | 204.54 Bn | 160.41 Bn | 8.70 Bn |
| 5 | ServiceNow | 164.40 Bn | 142.85 Bn | 2.82 Bn |
| 6 | Automatic Data Processing | 120.99 Bn | 103.12 Bn | 2.51 Bn |
| 7 | Intuit | 92.16 Bn | 71.51 Bn | 3.44 Bn |
| 8 | Relx | 73.71 Bn | 72.82 Bn | - |
| 9 | Thomson Reuters | 54.81 Bn | 51.59 Bn | - |
| 10 | Strategy | 51.39 Bn | 44.38 Bn | 81.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.92 |
| Mar 31, 2026 | 19.50 |
| Dec 31, 2025 | 33.50 |
| Sep 30, 2025 | 39.81 |
| Jun 30, 2025 | 56.68 |
| Mar 31, 2025 | 39.57 |
| Dec 31, 2024 | 36.09 |
| Sep 30, 2024 | 41.78 |
| Jun 30, 2024 | 40.54 |
| Mar 31, 2024 | 30.68 |
| Dec 31, 2023 | 29.31 |
| Sep 30, 2023 | 23.24 |
| Jun 30, 2023 | 26.01 |
| Mar 31, 2023 | 32.54 |
| Dec 31, 2022 | 30.23 |
| Sep 30, 2022 | 34.55 |
| Jun 30, 2022 | 38.40 |
| Mar 31, 2022 | 42.18 |
| Dec 31, 2021 | 47.02 |
| Sep 30, 2021 | 28.04 |
API Access
Thomson Reuters EV to EBITDA 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=ev-to-ebitda&ticker=TRI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=TRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();