Thomson Reuters (TRI) Operating Margin (2016 - 2026)
Quarterly Operating Margin rose 99.0% to 30.62% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 28.81% through Mar 2026, down 27.0% year-over-year, with the annual reading at 28.52% for FY2025, 54.0% down from the prior year.
Thomson Reuters filings provide 18 years of Operating Margin readings, the most recent being 30.62% for Q1 2026.
- Operating Margin hit 30.62% in Q1 2026 for Thomson Reuters, up from 26.88% in the prior quarter.
- Across five years, Operating Margin topped out at 50.09% in Q2 2023 and bottomed at 23.85% in Q2 2024.
- Average Operating Margin over 5 years is 29.87%, with a median of 29.23% recorded in 2023.
- The largest annual shift saw Operating Margin soared 2587bps in 2023 before it crashed -2624bps in 2024.
- Thomson Reuters' Operating Margin stood at 35.75% in 2022, then dropped by -14bps to 30.74% in 2023, then increased by 23bps to 37.82% in 2024, then dropped by -29bps to 26.88% in 2025, then grew by 14bps to 30.62% in 2026.
- Per Business Quant, the three most recent readings for TRI's Operating Margin are 30.62% (Q1 2026), 26.88% (Q4 2025), and 33.28% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | 7.67% |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | 23.22% |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 34.65% |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 18.21% |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | -0.53% |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 17.62% |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 4.48% |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 4.34% |
| 10 | Thomson Reuters | 88.17 Mn | -882.83 Mn | - | 30.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.62% |
| Dec 31, 2025 | 26.88% |
| Sep 30, 2025 | 33.28% |
| Jun 30, 2025 | 24.43% |
| Mar 31, 2025 | 29.63% |
| Dec 31, 2024 | 37.82% |
| Sep 30, 2024 | 24.07% |
| Jun 30, 2024 | 23.85% |
| Mar 31, 2024 | 29.55% |
| Dec 31, 2023 | 30.74% |
| Sep 30, 2023 | 27.67% |
| Jun 30, 2023 | 50.09% |
| Mar 31, 2023 | 29.23% |
| Dec 31, 2022 | 35.75% |
| Sep 30, 2022 | 25.29% |
| Jun 30, 2022 | 24.23% |
| Mar 31, 2022 | 24.73% |
| Dec 31, 2021 | 15.03% |
| Sep 30, 2021 | 18.48% |
| Jun 30, 2021 | 20.63% |
| Mar 31, 2021 | 24.49% |
| Dec 31, 2020 | 59.16% |
| Sep 30, 2020 | 22.04% |
| Jun 30, 2020 | 25.98% |
| Mar 31, 2020 | 19.08% |
| Dec 31, 2019 | 13.64% |
| Sep 30, 2019 | 18.54% |
| Jun 30, 2019 | 31.41% |
| Mar 31, 2019 | 18.43% |
| Dec 31, 2018 | 8.84% |
| Sep 30, 2018 | 13.47% |
| Jun 30, 2018 | 15.56% |
| Mar 31, 2018 | 19.43% |
| Dec 31, 2017 | 17.96% |
| Sep 30, 2017 | 22.64% |
| Jun 30, 2017 | 17.03% |
| Mar 31, 2017 | 20.59% |
| Dec 31, 2016 | 10.28% |
| Sep 30, 2016 | 14.03% |
| Jun 30, 2016 | 14.48% |