Thomson Reuters (TRI) Restructuring Costs (2014 - 2024)

Thomson Reuters (TRI) has reported Restructuring Costs for 9 consecutive years, with $507.0 million the latest figure, recorded in Q1 2024.

• For the quarter ending Q1 2024, Restructuring Costs rose 16.55% year-over-year to $507.0 million; the trailing twelve-month figure through Mar 2024 stood at $1.7 billion (up 6.01% YoY), and the FY2023 full-year result was $1.6 billion, up 5.47% from the prior year.
• Restructuring Costs improved to $507.0 million in Q1 2024 per TRI's latest filing, from $435.0 million in the prior quarter.
• Across five years, Restructuring Costs topped out at $507.0 million in Q1 2024 and bottomed at $333.0 million in Q3 2020.
• Historically, Restructuring Costs has averaged $385.2 million across 5 years, with a median of $373.0 million in 2022.
• The sharpest annual moves came in 2020 and 2024: Restructuring Costs climbed 4.06% in 2020, then increased 16.55% in 2024.
• Over 5 years, Restructuring Costs stood at $338.0 million in 2020, then grew by 5.92% to $358.0 million in 2021, then gained by 5.87% to $379.0 million in 2022, then climbed by 14.78% to $435.0 million in 2023, then advanced by 16.55% to $507.0 million in 2024.
• According to Business Quant data, Restructuring Costs over the past three periods registered $507.0 million, $435.0 million, and $379.0 million for Q1 2024, Q1 2023, and Q4 2022 respectively.