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.
  
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

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.
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.
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.
 2021 2022 2023 2024 (projected)
Gross Profit3.9B4.2B4.5B2.9B
Total Revenue6.3B6.6B6.8B9.8B

Thomson Reuters income statement Correlations

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0.910.810.270.790.160.540.810.770.78-0.04-0.3-0.060.070.530.160.13-0.22-0.28-0.280.470.08-0.50.59
0.960.810.120.990.020.50.80.90.61-0.16-0.39-0.350.050.720.48-0.17-0.36-0.59-0.370.58-0.22-0.650.83
0.210.270.120.010.330.730.57-0.120.110.29-0.23-0.240.14-0.31-0.22-0.580.450.180.28-0.13-0.580.39-0.14
0.940.790.990.01-0.060.360.710.920.61-0.23-0.37-0.350.050.750.51-0.1-0.38-0.58-0.370.6-0.14-0.710.85
0.130.160.020.33-0.060.420.33-0.070.530.960.710.47-0.03-0.15-0.3-0.210.210.12-0.01-0.04-0.260.15-0.03
0.540.540.50.730.360.420.90.30.310.35-0.28-0.090.040.080.02-0.4-0.02-0.23-0.130.13-0.470.110.19
0.850.810.80.570.710.330.90.630.570.18-0.34-0.190.050.390.19-0.31-0.15-0.38-0.250.35-0.37-0.240.5
0.860.770.9-0.120.92-0.070.30.630.6-0.22-0.36-0.26-0.030.920.550.04-0.49-0.67-0.460.750.01-0.790.94
0.740.780.610.110.610.530.310.570.60.380.260.17-0.020.450.010.11-0.09-0.1-0.210.50.09-0.390.51
-0.07-0.04-0.160.29-0.230.960.350.18-0.220.380.780.49-0.03-0.25-0.32-0.230.220.170.04-0.1-0.280.33-0.15
-0.33-0.3-0.39-0.23-0.370.71-0.28-0.34-0.360.260.780.6-0.01-0.3-0.320.090.170.310.08-0.220.060.25-0.25
-0.26-0.06-0.35-0.24-0.350.47-0.09-0.19-0.260.170.490.6-0.46-0.25-0.510.6-0.190.43-0.34-0.250.610.19-0.32
0.050.070.050.140.05-0.030.040.05-0.03-0.02-0.03-0.01-0.46-0.210.21-0.120.48-0.120.72-0.14-0.310.03-0.06
0.660.530.72-0.310.75-0.150.080.390.920.45-0.25-0.3-0.25-0.210.60.03-0.59-0.71-0.550.780.05-0.810.93
0.350.160.48-0.220.51-0.30.020.190.550.01-0.32-0.32-0.510.210.6-0.26-0.53-0.84-0.250.32-0.25-0.460.54
-0.120.13-0.17-0.58-0.1-0.21-0.4-0.310.040.11-0.230.090.6-0.120.03-0.26-0.250.28-0.160.030.96-0.15-0.11
-0.28-0.22-0.360.45-0.380.21-0.02-0.15-0.49-0.090.220.17-0.190.48-0.59-0.53-0.250.440.9-0.35-0.280.34-0.42
-0.48-0.28-0.590.18-0.580.12-0.23-0.38-0.67-0.10.170.310.43-0.12-0.71-0.840.280.440.3-0.40.290.55-0.66
-0.34-0.28-0.370.28-0.37-0.01-0.13-0.25-0.46-0.210.040.08-0.340.72-0.55-0.25-0.160.90.3-0.34-0.230.31-0.43
0.530.470.58-0.130.6-0.040.130.350.750.5-0.1-0.22-0.25-0.140.780.320.03-0.35-0.4-0.340.02-0.460.8
-0.150.08-0.22-0.58-0.14-0.26-0.47-0.370.010.09-0.280.060.61-0.310.05-0.250.96-0.280.29-0.230.02-0.16-0.14
-0.61-0.5-0.650.39-0.710.150.11-0.24-0.79-0.390.330.250.190.03-0.81-0.46-0.150.340.550.31-0.46-0.16-0.78
0.750.590.83-0.140.85-0.030.190.50.940.51-0.15-0.25-0.32-0.060.930.54-0.11-0.42-0.66-0.430.8-0.14-0.78
Click cells to compare fundamentals

Thomson Reuters Account Relationship Matchups

Thomson Reuters income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization717M792M770M724M725M1.2B
Interest Expense260M163M195M196M237M186.2M
Total Revenue5.9B6.0B6.3B6.6B6.8B9.8B
Gross Profit3.5B3.7B3.9B4.2B4.5B2.9B
Other Operating Expenses4.7B4.1B5.1B4.8B4.8B8.2B
Operating Income1.2B1.9B1.2B1.8B2.3B1.5B
Ebit1.1B2.0B1.3B2.3B2.0B1.5B
Ebitda1.9B2.8B2.0B3.0B2.8B2.7B
Cost Of Revenue2.4B2.3B2.5B2.4B2.3B2.2B
Total Operating Expenses4.7B4.1B5.1B4.8B2.5B4.3B
Income Before Tax971M1.8B1.1B2.1B2.0B1.2B
Total Other Income Expense Net(228M)(165M)(188M)248M185M194.3M
Net Income2.2B1.7B(553M)1.9B2.7B1.5B
Income Tax Expense(1.2B)71M1.6B195M417M437.9M
Selling General Administrative4.4B4.0B1.6B1.6B237M225.2M
Discontinued Operations(6M)(27M)2M(53M)(47.7M)(45.3M)
Net Income From Continuing Ops1.6B1.1B5.7B1.5B2.6B1.8B
Net Income Applicable To Common Shares1.6B1.1B5.7B1.3B1.5B2.4B
Interest Income164M195M196M277M85M80.8M
Extraordinary Items1.2B(27M)2M(53M)(47.7M)(45.3M)
Reconciled Depreciation717M792M770M724M725M664M

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

  0.43FFH-PG Fairfax Fin HldPairCorr
  0.42FFH-PI Fairfax FinancialPairCorr
  0.36FFH-PE Fairfax FinancialPairCorr
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 CorrelationCorrelation 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:
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.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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.