Thomson Reuters (TRI) FCF Margin (2009 - 2026)
Thomson Reuters (TRI) recorded FCF Margin of 56.14% in Q2 2026, up 5.22 percentage points from 50.92% a year earlier and up 24.47 percentage points from the prior quarter.
Thomson Reuters (TRI) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Thomson Reuters' FCF Margin came in at 45.17% as of Jun 30, 2026, up 2.33 percentage points year-over-year; for FY2025, it came in at 43.94%, up 1.73 percentage points from FY2024.
- Annual FCF Margin has a five-year change of +6.36 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 42.22% in FY2024 (-0.25 pp), 42.46% in FY2023 (+4.59 pp), 37.88% in FY2022 (+2.27 pp) and 35.60% in FY2021 (-1.98 pp).
- The Q2 2026 figure is the highest quarterly FCF Margin since Q3 2018.
- On a year-over-year basis, FCF Margin has increased for three consecutive quarters, with an average year-over-year change of +0.57 percentage points over the last eight quarters.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 15.54 percentage points in Q4 2022, against a drop of 10.80 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 31.67% (Q1 2026), 45.50% (Q4 2025) and 48.60% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 453.55 Bn | 422.61 Bn | 1.64 Bn | 62.08% |
| 2 | Oracle | 430.98 Bn | 303.54 Bn | - | -27.89% |
| 3 | Sap Se | 256.23 Bn | 177.31 Bn | 8.40 Bn | 33.09% |
| 4 | Salesforce | 193.08 Bn | 148.96 Bn | 8.70 Bn | 9.68% |
| 5 | ServiceNow | 138.94 Bn | 117.40 Bn | 2.82 Bn | 11.86% |
| 6 | Automatic Data Processing | 102.51 Bn | 84.63 Bn | 2.51 Bn | 24.76% |
| 7 | Intuit | 75.44 Bn | 54.79 Bn | 3.44 Bn | 29.95% |
| 8 | Relx | 60.79 Bn | 57.76 Bn | - | - |
| 9 | Strategy | 56.32 Bn | 49.31 Bn | 81.55 Mn | -4.83% |
| 10 | Thomson Reuters | 43.44 Bn | 39.49 Bn | - | 56.14% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.14% |
| Mar 31, 2026 | 31.67% |
| Dec 31, 2025 | 45.50% |
| Sep 30, 2025 | 48.60% |
| Jun 30, 2025 | 50.92% |
| Mar 31, 2025 | 31.37% |
| Dec 31, 2024 | 37.98% |
| Sep 30, 2024 | 52.49% |
| Jun 30, 2024 | 49.25% |
| Mar 31, 2024 | 30.61% |
| Dec 31, 2023 | 46.12% |
| Sep 30, 2023 | 51.38% |
| Jun 30, 2023 | 49.91% |
| Mar 31, 2023 | 23.42% |
| Dec 31, 2022 | 45.95% |
| Sep 30, 2022 | 43.39% |
| Jun 30, 2022 | 35.32% |
| Mar 31, 2022 | 26.64% |
| Dec 31, 2021 | 30.41% |
| Sep 30, 2021 | 43.58% |
Thomson Reuters FCF 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=fcf-margin&ticker=TRI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=TRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();