Thomson Reuters (TRI) Operating Margin (2009 - 2026)
Thomson Reuters (TRI) reported Operating Margin of 21.93% for Q3 2026, down 9.25 percentage points from 31.18% a year earlier and down 6.63 percentage points from the prior quarter.
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Analysis
Thomson Reuters (TRI) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Thomson Reuters' Operating Margin came in at 27.13%, down 3.73 percentage points year-over-year; for FY2025, it was 28.52%, down 0.54 percentage points from FY2024.
- Operating Margin has a five-year change of -3.72 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 29.06% in FY2024 (-5.27 pp), 34.32% in FY2023 (+6.65 pp), 27.67% in FY2022 (+8.11 pp) and 19.57% in FY2021 (-12.67 pp).
- The Q3 2026 figure ranks as the lowest quarterly Operating Margin since Q4 2021.
- Year over year, Operating Margin gained in six of the last eight quarters, with an average year-over-year change of -0.03 percentage points.
- The high point for year-over-year Operating Margin in five years was Q2 2023 (a gain of 25.87 percentage points); the low point was Q4 2021 (a drop of 44.13 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 28.56% (Q2 2026), 30.62% (Q1 2026) and 26.88% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 404.71 Bn | 369.66 Bn | 1.93 Bn | 46.89% |
| 2 | Oracle | 379.12 Bn | 251.67 Bn | 18.57 Bn | 34.78% |
| 3 | Sap Se | 288.51 Bn | 216.50 Bn | 8.64 Bn | 28.53% |
| 4 | Salesforce | 179.30 Bn | 135.17 Bn | 8.70 Bn | 20.55% |
| 5 | Automatic Data Processing | 122.61 Bn | 109.40 Bn | 2.53 Bn | -30.06% |
| 6 | ServiceNow | 106.15 Bn | 85.41 Bn | 2.90 Bn | 9.38% |
| 7 | Intuit | 91.71 Bn | 71.06 Bn | 3.44 Bn | 10.91% |
| 8 | Relx | 73.69 Bn | 73.69 Bn | - | - |
| 9 | Thomson Reuters | 48.63 Bn | 44.60 Bn | - | 21.93% |
| 10 | Roper Technologies | 47.52 Bn | 46.16 Bn | 1.52 Bn | 28.70% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 21.93% |
| Jun 30, 2026 | 28.56% |
| Mar 31, 2026 | 30.62% |
| Dec 31, 2025 | 26.88% |
| Sep 30, 2025 | 31.18% |
| 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% |
API Access
Thomson Reuters Operating 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=operating-margin&ticker=TRI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TRI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();