Thomson Reuters Corp ( (TRI) ) has released its Q4 earnings. Here is a breakdown of the information Thomson Reuters Corp presented to its investors.
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Thomson Reuters Corporation, a leading global provider of specialized information and technology solutions, operates across various sectors including legal, tax and accounting, compliance, and media, with its notable Reuters News division offering trusted journalism globally.
Thomson Reuters reported a robust financial performance for the fourth quarter and full year of 2024, with a significant growth in revenues and strategic acquisitions bolstering its portfolio. The company achieved a 7% increase in total and organic revenues for the full year, driven by strong performances in its ‘Big 3’ segments and continued investment in technology innovation.
Key financial metrics showed organic revenue growth of 8% in the ‘Big 3’ segments, which include Legal Professionals, Corporates, and Tax & Accounting Professionals. The company met its 2024 outlook targets for organic revenue growth, adjusted EBITDA margin, and free cash flow. Notable strategic moves included the acquisition of SafeSend for $600 million to enhance tax automation capabilities and a 10% increase in annualized dividends per share.
The company’s outlook for 2025 anticipates organic revenue growth between 7.0% to 7.5% and an adjusted EBITDA margin of approximately 39%, reflecting continued confidence in its growth strategy. Looking ahead to 2026, Thomson Reuters targets organic revenue growth in the range of 7.5% to 8.0%, with further expansion in adjusted EBITDA margin.
Thomson Reuters remains focused on leveraging its strong market position and strategic investments to drive long-term shareholder value, while navigating ongoing macroeconomic uncertainties. The company’s commitment to innovation and capital allocation strategies positions it well for sustained growth and profitability in the coming years.
