Thomson Historical Income Statement

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Historical analysis of Thomson Reuters income statement accounts such as Other Operating Expenses of 8.2 B, Operating Income of 1.5 B, EBIT of 1.5 B or Ebitda of 2.7 B can show how well Thomson Reuters Corp performed in making a profits. Evaluating Thomson Reuters income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Thomson Reuters's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Thomson Reuters Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Thomson Reuters Corp is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thomson Reuters Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Thomson Income Statement Analysis

Thomson Reuters Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Thomson Reuters shareholders. The income statement also shows Thomson investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Thomson Reuters Income Statement Chart

At this time, Thomson Reuters' Research Development is very stable compared to the past year. As of the 26th of November 2024, Net Income Applicable To Common Shares is likely to grow to about 2.4 B, while Interest Expense is likely to drop about 186.2 M.

Total Revenue Gross Profit Other Operating Expenses Ebitda Tax Provision

Total Revenue

Total revenue comprises all receipts Thomson Reuters Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Thomson Reuters Corp minus its cost of goods sold. It is profit before Thomson Reuters operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Thomson Reuters Corp. It is also known as Thomson Reuters overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most accounts from Thomson Reuters' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Thomson Reuters Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thomson Reuters Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Gross Profit	3.9B	4.2B	4.5B	2.9B
Total Revenue	6.3B	6.6B	6.8B	9.8B

Gross Profit Total Revenue

Thomson Reuters income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Research Development	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Tax Provision	Interest Income	Extraordinary Items	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.91	0.96	0.21	0.94	0.13	0.54	0.85	0.86	0.74	-0.07	-0.33	-0.26	0.05	0.66	0.35	-0.12	-0.28	-0.48	-0.34	0.53	-0.15	-0.61	0.75
Interest Expense	0.91		0.81	0.27	0.79	0.16	0.54	0.81	0.77	0.78	-0.04	-0.3	-0.06	0.07	0.53	0.16	0.13	-0.22	-0.28	-0.28	0.47	0.08	-0.5	0.59
Total Revenue	0.96	0.81		0.12	0.99	0.02	0.5	0.8	0.9	0.61	-0.16	-0.39	-0.35	0.05	0.72	0.48	-0.17	-0.36	-0.59	-0.37	0.58	-0.22	-0.65	0.83
Gross Profit	0.21	0.27	0.12		0.01	0.33	0.73	0.57	-0.12	0.11	0.29	-0.23	-0.24	0.14	-0.31	-0.22	-0.58	0.45	0.18	0.28	-0.13	-0.58	0.39	-0.14
Other Operating Expenses	0.94	0.79	0.99	0.01		-0.06	0.36	0.71	0.92	0.61	-0.23	-0.37	-0.35	0.05	0.75	0.51	-0.1	-0.38	-0.58	-0.37	0.6	-0.14	-0.71	0.85
Operating Income	0.13	0.16	0.02	0.33	-0.06		0.42	0.33	-0.07	0.53	0.96	0.71	0.47	-0.03	-0.15	-0.3	-0.21	0.21	0.12	-0.01	-0.04	-0.26	0.15	-0.03
Ebit	0.54	0.54	0.5	0.73	0.36	0.42		0.9	0.3	0.31	0.35	-0.28	-0.09	0.04	0.08	0.02	-0.4	-0.02	-0.23	-0.13	0.13	-0.47	0.11	0.19
Ebitda	0.85	0.81	0.8	0.57	0.71	0.33	0.9		0.63	0.57	0.18	-0.34	-0.19	0.05	0.39	0.19	-0.31	-0.15	-0.38	-0.25	0.35	-0.37	-0.24	0.5
Cost Of Revenue	0.86	0.77	0.9	-0.12	0.92	-0.07	0.3	0.63		0.6	-0.22	-0.36	-0.26	-0.03	0.92	0.55	0.04	-0.49	-0.67	-0.46	0.75	0.01	-0.79	0.94
Total Operating Expenses	0.74	0.78	0.61	0.11	0.61	0.53	0.31	0.57	0.6		0.38	0.26	0.17	-0.02	0.45	0.01	0.11	-0.09	-0.1	-0.21	0.5	0.09	-0.39	0.51
Income Before Tax	-0.07	-0.04	-0.16	0.29	-0.23	0.96	0.35	0.18	-0.22	0.38		0.78	0.49	-0.03	-0.25	-0.32	-0.23	0.22	0.17	0.04	-0.1	-0.28	0.33	-0.15
Total Other Income Expense Net	-0.33	-0.3	-0.39	-0.23	-0.37	0.71	-0.28	-0.34	-0.36	0.26	0.78		0.6	-0.01	-0.3	-0.32	0.09	0.17	0.31	0.08	-0.22	0.06	0.25	-0.25
Net Income	-0.26	-0.06	-0.35	-0.24	-0.35	0.47	-0.09	-0.19	-0.26	0.17	0.49	0.6		-0.46	-0.25	-0.51	0.6	-0.19	0.43	-0.34	-0.25	0.61	0.19	-0.32
Income Tax Expense	0.05	0.07	0.05	0.14	0.05	-0.03	0.04	0.05	-0.03	-0.02	-0.03	-0.01	-0.46		-0.21	0.21	-0.12	0.48	-0.12	0.72	-0.14	-0.31	0.03	-0.06
Selling General Administrative	0.66	0.53	0.72	-0.31	0.75	-0.15	0.08	0.39	0.92	0.45	-0.25	-0.3	-0.25	-0.21		0.6	0.03	-0.59	-0.71	-0.55	0.78	0.05	-0.81	0.93
Research Development	0.35	0.16	0.48	-0.22	0.51	-0.3	0.02	0.19	0.55	0.01	-0.32	-0.32	-0.51	0.21	0.6		-0.26	-0.53	-0.84	-0.25	0.32	-0.25	-0.46	0.54
Discontinued Operations	-0.12	0.13	-0.17	-0.58	-0.1	-0.21	-0.4	-0.31	0.04	0.11	-0.23	0.09	0.6	-0.12	0.03	-0.26		-0.25	0.28	-0.16	0.03	0.96	-0.15	-0.11
Net Income From Continuing Ops	-0.28	-0.22	-0.36	0.45	-0.38	0.21	-0.02	-0.15	-0.49	-0.09	0.22	0.17	-0.19	0.48	-0.59	-0.53	-0.25		0.44	0.9	-0.35	-0.28	0.34	-0.42
Non Recurring	-0.48	-0.28	-0.59	0.18	-0.58	0.12	-0.23	-0.38	-0.67	-0.1	0.17	0.31	0.43	-0.12	-0.71	-0.84	0.28	0.44		0.3	-0.4	0.29	0.55	-0.66
Tax Provision	-0.34	-0.28	-0.37	0.28	-0.37	-0.01	-0.13	-0.25	-0.46	-0.21	0.04	0.08	-0.34	0.72	-0.55	-0.25	-0.16	0.9	0.3		-0.34	-0.23	0.31	-0.43
Interest Income	0.53	0.47	0.58	-0.13	0.6	-0.04	0.13	0.35	0.75	0.5	-0.1	-0.22	-0.25	-0.14	0.78	0.32	0.03	-0.35	-0.4	-0.34		0.02	-0.46	0.8
Extraordinary Items	-0.15	0.08	-0.22	-0.58	-0.14	-0.26	-0.47	-0.37	0.01	0.09	-0.28	0.06	0.61	-0.31	0.05	-0.25	0.96	-0.28	0.29	-0.23	0.02		-0.16	-0.14
Net Interest Income	-0.61	-0.5	-0.65	0.39	-0.71	0.15	0.11	-0.24	-0.79	-0.39	0.33	0.25	0.19	0.03	-0.81	-0.46	-0.15	0.34	0.55	0.31	-0.46	-0.16		-0.78
Reconciled Depreciation	0.75	0.59	0.83	-0.14	0.85	-0.03	0.19	0.5	0.94	0.51	-0.15	-0.25	-0.32	-0.06	0.93	0.54	-0.11	-0.42	-0.66	-0.43	0.8	-0.14	-0.78

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Thomson Reuters Account Relationship Matchups

Thomson Reuters income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	717M	792M	770M	724M	725M	1.2B
Interest Expense	260M	163M	195M	196M	237M	186.2M
Total Revenue	5.9B	6.0B	6.3B	6.6B	6.8B	9.8B
Gross Profit	3.5B	3.7B	3.9B	4.2B	4.5B	2.9B
Other Operating Expenses	4.7B	4.1B	5.1B	4.8B	4.8B	8.2B
Operating Income	1.2B	1.9B	1.2B	1.8B	2.3B	1.5B
Ebit	1.1B	2.0B	1.3B	2.3B	2.0B	1.5B
Ebitda	1.9B	2.8B	2.0B	3.0B	2.8B	2.7B
Cost Of Revenue	2.4B	2.3B	2.5B	2.4B	2.3B	2.2B
Total Operating Expenses	4.7B	4.1B	5.1B	4.8B	2.5B	4.3B
Income Before Tax	971M	1.8B	1.1B	2.1B	2.0B	1.2B
Total Other Income Expense Net	(228M)	(165M)	(188M)	248M	185M	194.3M
Net Income	2.2B	1.7B	(553M)	1.9B	2.7B	1.5B
Income Tax Expense	(1.2B)	71M	1.6B	195M	417M	437.9M
Selling General Administrative	4.4B	4.0B	1.6B	1.6B	237M	225.2M
Discontinued Operations	(6M)	(27M)	2M	(53M)	(47.7M)	(45.3M)
Net Income From Continuing Ops	1.6B	1.1B	5.7B	1.5B	2.6B	1.8B
Net Income Applicable To Common Shares	1.6B	1.1B	5.7B	1.3B	1.5B	2.4B
Interest Income	164M	195M	196M	277M	85M	80.8M
Extraordinary Items	1.2B	(27M)	2M	(53M)	(47.7M)	(45.3M)
Reconciled Depreciation	717M	792M	770M	724M	725M	664M

Pair Trading with Thomson Reuters

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thomson Reuters position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thomson Reuters will appreciate offsetting losses from the drop in the long position's value.

Moving against Thomson Stock

0.43	FFH-PG	Fairfax Fin Hld	Pair Corr
0.42	FFH-PI	Fairfax Financial	Pair Corr
0.36	FFH-PE	Fairfax Financial	Pair Corr

The ability to find closely correlated positions to Thomson Reuters could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thomson Reuters when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thomson Reuters - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thomson Reuters Corp to buy it.

The correlation of Thomson Reuters is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thomson Reuters moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thomson Reuters Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Thomson Reuters can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Thomson Reuters Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thomson Reuters' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thomson Reuters Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thomson Reuters Corp Stock:

How To Invest In Thomson

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Is Thomson Stock a good investment?

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What is Thomson Reuters' Net Worth?

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You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Please note, there is a significant difference between Thomson Reuters' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thomson Reuters is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thomson Reuters' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Thomson Historical Income Statement

About Thomson Income Statement Analysis

Thomson Reuters Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Tax Provision

Thomson Reuters income statement Correlations

Thomson Reuters Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thomson Reuters income statement Accounts

Pair Trading with Thomson Reuters

Moving against Thomson Stock

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Other Operating Expenses	+ 0.99	Total Revenue
Total Revenue	+ 0.96	Depreciation And Amortization
Income Before Tax	+ 0.96	Operating Income
Extraordinary Items	+ 0.96	Discontinued Operations
Other Operating Expenses	+ 0.94	Depreciation And Amortization
Reconciled Depreciation	+ 0.94	Cost Of Revenue

Non Recurring	- 0.84	Research Development
Net Interest Income	- 0.81	Selling General Administrative
Net Interest Income	- 0.79	Cost Of Revenue
Reconciled Depreciation	- 0.78	Net Interest Income
Non Recurring	- 0.71	Selling General Administrative
Net Interest Income	- 0.71	Other Operating Expenses