Thomson Reuters (TRI) EV to EBITDA (2009 - 2026)
Thomson Reuters' (TRI) EV to EBITDA stood at 19.57 in Q3 2026, down 53.1% from 41.70 a year earlier but up 11.4% 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 18.55 as of Sep 30, 2026, down 52.1% year-over-year; for FY2025, it was 19.60, down 20.3% from FY2024.
- Annual EV to EBITDA has declined for four straight years.
- Across earlier years, EV to EBITDA came in at 24.59 in FY2024 (-7.2%), 26.50 in FY2023 (-1.5%), 26.89 in FY2022 (-33.4%) and 40.39 in FY2021 (+122.6%).
- Quarterly EV to EBITDA has ranged from 17.57 in Q2 2026 to 56.68 in Q2 2025 over the past five years.
- On a year-over-year basis, EV to EBITDA has declined for five consecutive quarters, with an average decline of 10.2% over the last eight quarters.
- Peak year-over-year performance for EV to EBITDA in the last five years was growth of 132.2% in Q4 2021, against a decline of 69.0% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 17.57 (Q2 2026), 20.29 (Q1 2026) and 35.07 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 404.71 Bn | 369.66 Bn | 1.93 Bn |
| 2 | Oracle | 379.12 Bn | 251.67 Bn | 18.57 Bn |
| 3 | Sap Se | 288.51 Bn | 216.50 Bn | 8.64 Bn |
| 4 | Salesforce | 179.30 Bn | 135.17 Bn | 8.70 Bn |
| 5 | Automatic Data Processing | 122.61 Bn | 109.40 Bn | 2.53 Bn |
| 6 | ServiceNow | 106.15 Bn | 85.41 Bn | 2.90 Bn |
| 7 | Intuit | 91.71 Bn | 71.06 Bn | 3.44 Bn |
| 8 | Relx | 73.69 Bn | 73.69 Bn | - |
| 9 | Thomson Reuters | 48.63 Bn | 44.60 Bn | - |
| 10 | Roper Technologies | 47.52 Bn | 46.16 Bn | 1.52 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.57 |
| Jun 30, 2026 | 17.57 |
| Mar 31, 2026 | 20.29 |
| Dec 31, 2025 | 35.07 |
| Sep 30, 2025 | 41.70 |
| Jun 30, 2025 | 56.68 |
| Mar 31, 2025 | 39.57 |
| Dec 31, 2024 | 36.09 |
| Sep 30, 2024 | 31.33 |
| Jun 30, 2024 | 30.58 |
| Mar 31, 2024 | 24.17 |
| Dec 31, 2023 | 23.06 |
| 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 |
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();