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Thomson Reuters
Mass media / Media and information services
At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
Thomson Reuters is a multinational mass media and information firm that provides business, financial, and media information to professionals in various industries. The company is headquartered in Toronto, Canada and has operations in over 100 countries. Thomson Reuters is the result of a merger between Thomson Corporation and Reuters Group in 2008.
The company's main business segments include Financial & Risk, Legal, and Tax & Accounting. These segments provide a variety of products and services such as financial market data, analytics, software solutions, legal research and information, and tax and accounting software.
Thomson Reuters also has a significant presence in the media industry, with a portfolio of global news and information services including Reuters News, as well as a range of other publications and online platforms.
The company's mission is to provide trusted information and insights to its customers, helping them make better decisions, access opportunities, and achieve their goals. They serve a wide range of clients including lawyers, financial professionals, government agencies, and media organizations.
In addition to its business activities, Thomson Reuters is committed to corporate responsibility and sustainability. They have initiatives in place to reduce their environmental impact, promote diversity and inclusion, and support the communities in which they operate.
As of 2021, Thomson Reuters had approximately 24,000 employees worldwide and reported revenues of $5.9 billion in the first quarter of the year. Its stock is traded on the Toronto Stock Exchange and the New York Stock Exchange under the ticker symbol TRI.
The company's main business segments include Financial & Risk, Legal, and Tax & Accounting. These segments provide a variety of products and services such as financial market data, analytics, software solutions, legal research and information, and tax and accounting software.
Thomson Reuters also has a significant presence in the media industry, with a portfolio of global news and information services including Reuters News, as well as a range of other publications and online platforms.
The company's mission is to provide trusted information and insights to its customers, helping them make better decisions, access opportunities, and achieve their goals. They serve a wide range of clients including lawyers, financial professionals, government agencies, and media organizations.
In addition to its business activities, Thomson Reuters is committed to corporate responsibility and sustainability. They have initiatives in place to reduce their environmental impact, promote diversity and inclusion, and support the communities in which they operate.
As of 2021, Thomson Reuters had approximately 24,000 employees worldwide and reported revenues of $5.9 billion in the first quarter of the year. Its stock is traded on the Toronto Stock Exchange and the New York Stock Exchange under the ticker symbol TRI.
What is special about the company?
1. Global Reach: Thomson Reuters has a global presence with operations in over 100 countries, making it one of the most influential and trusted news and information companies in the world.
2. Trusted Source of Information: The company is known for its comprehensive and reliable coverage of financial and legal markets, providing unmatched insights and analysis for businesses, professionals, and individuals.
3. Rich History: Thomson Reuters has a rich history dating back to the mid-19th century, with its roots in the founding of two of the world’s leading information companies – Reuters and Thomson.
4. Diverse Portfolio: The company has a diverse portfolio of products and services, catering to a broad range of industries including finance, law, tax and accounting, risk management, and media.
5. Innovation: Thomson Reuters constantly strives to innovate and introduce new products and services to meet the changing needs of its clients and stay ahead of its competitors.
6. Strong Reputation: With a solid reputation for accuracy, integrity, and impartiality, Thomson Reuters is widely regarded as one of the most trusted and respected companies in the financial and media industries.
7. Corporate Social Responsibility: The company is committed to operating ethically and responsibly, actively participating in social and environmental initiatives to make a positive contribution to society.
8. Strong Financial Performance: Thomson Reuters is a financially stable company with a strong track record of revenue growth and profitability, providing a sense of stability and reliability for its clients and stakeholders.
9. Commitment to Diversity and Inclusion: The company recognizes the value of diversity and inclusion in driving innovation and success and is committed to creating an inclusive and diverse workforce.
10. Embracing Technology: Thomson Reuters continually invests in new technologies and digital transformation to enhance its products and services, and to provide a seamless user experience for its customers.
2. Trusted Source of Information: The company is known for its comprehensive and reliable coverage of financial and legal markets, providing unmatched insights and analysis for businesses, professionals, and individuals.
3. Rich History: Thomson Reuters has a rich history dating back to the mid-19th century, with its roots in the founding of two of the world’s leading information companies – Reuters and Thomson.
4. Diverse Portfolio: The company has a diverse portfolio of products and services, catering to a broad range of industries including finance, law, tax and accounting, risk management, and media.
5. Innovation: Thomson Reuters constantly strives to innovate and introduce new products and services to meet the changing needs of its clients and stay ahead of its competitors.
6. Strong Reputation: With a solid reputation for accuracy, integrity, and impartiality, Thomson Reuters is widely regarded as one of the most trusted and respected companies in the financial and media industries.
7. Corporate Social Responsibility: The company is committed to operating ethically and responsibly, actively participating in social and environmental initiatives to make a positive contribution to society.
8. Strong Financial Performance: Thomson Reuters is a financially stable company with a strong track record of revenue growth and profitability, providing a sense of stability and reliability for its clients and stakeholders.
9. Commitment to Diversity and Inclusion: The company recognizes the value of diversity and inclusion in driving innovation and success and is committed to creating an inclusive and diverse workforce.
10. Embracing Technology: Thomson Reuters continually invests in new technologies and digital transformation to enhance its products and services, and to provide a seamless user experience for its customers.
What the company's business model?
Thomson Reuters is a multinational media and information services company that primarily operates in the financial and legal industries. Their business model is based on providing data, news, and analytics for professionals in these industries to make informed decisions.
The company generates revenue through the following business segments:
1. Financial & Risk Business Segment: This segment provides financial data, analytics, and solutions to financial institutions, including banks, asset managers, and insurance companies.
2. Legal Business Segment: This segment offers legal information, software, and services to law firms, corporations, and government agencies.
3. Tax & Accounting Business Segment: This segment provides tax, accounting, and compliance software and services to accounting firms, corporations, and government agencies.
4. Reuters News Agency: This segment provides news and information to media outlets, corporations, and governments around the world.
5. Enterprise Business Segment: This segment offers data and analytics solutions to various industries, including energy, healthcare, and science.
Thomson Reuters also has a presence in the media and technology industries through its ownership of Reuters news agency and the acquisition of Refinitiv, a financial data and analytics company.
The company's business model is centered around delivering high-quality and timely information and insights to its clients through various platforms, such as desktops, mobile devices, and APIs. They also offer specialized products and services, such as risk management, regulatory compliance, and market data analysis, which cater to specific customer needs. Additionally, Thomson Reuters continuously invests in research and development to maintain its competitive advantage in the industry.
Overall, Thomson Reuters' business model is to provide essential information and solutions to their clients, driving their decision-making process and helping them to become more efficient and effective in their work.
The company generates revenue through the following business segments:
1. Financial & Risk Business Segment: This segment provides financial data, analytics, and solutions to financial institutions, including banks, asset managers, and insurance companies.
2. Legal Business Segment: This segment offers legal information, software, and services to law firms, corporations, and government agencies.
3. Tax & Accounting Business Segment: This segment provides tax, accounting, and compliance software and services to accounting firms, corporations, and government agencies.
4. Reuters News Agency: This segment provides news and information to media outlets, corporations, and governments around the world.
5. Enterprise Business Segment: This segment offers data and analytics solutions to various industries, including energy, healthcare, and science.
Thomson Reuters also has a presence in the media and technology industries through its ownership of Reuters news agency and the acquisition of Refinitiv, a financial data and analytics company.
The company's business model is centered around delivering high-quality and timely information and insights to its clients through various platforms, such as desktops, mobile devices, and APIs. They also offer specialized products and services, such as risk management, regulatory compliance, and market data analysis, which cater to specific customer needs. Additionally, Thomson Reuters continuously invests in research and development to maintain its competitive advantage in the industry.
Overall, Thomson Reuters' business model is to provide essential information and solutions to their clients, driving their decision-making process and helping them to become more efficient and effective in their work.
Interesting facts about the company
1. Thomson Reuters is a multinational media and information company with headquarters in New York City and Toronto, Canada.
2. The company was founded in 2008 when Canadian company Thomson Corporation acquired British company Reuters Group.
3. Thomson Reuters is one of the largest media companies in the world, with annual revenues of over $9 billion.
4. The company has over 45,000 employees in more than 100 countries.
5. Thomson Reuters is a leading provider of financial market data and analysis, supplying information to banks, investment firms, and other financial institutions.
6. The company also operates a news agency, providing real-time news and information to media outlets around the world.
7. Thomson Reuters is known for its highly-regarded financial indices, including the Thomson Reuters/Jefferies CRB Index, which tracks commodity prices.
8. The company also has a presence in the legal industry, providing software and information solutions to law firms and corporations.
9. Thomson Reuters has a strong commitment to diversity and inclusion in the workplace, with initiatives such as Women@Thomson Reuters and Pride@Thomson Reuters.
10. In addition to its core business operations, Thomson Reuters also has a philanthropic arm, the Thomson Reuters Foundation, which promotes socio-economic progress and the rule of law.
See Company Due Diligence:
2. The company was founded in 2008 when Canadian company Thomson Corporation acquired British company Reuters Group.
3. Thomson Reuters is one of the largest media companies in the world, with annual revenues of over $9 billion.
4. The company has over 45,000 employees in more than 100 countries.
5. Thomson Reuters is a leading provider of financial market data and analysis, supplying information to banks, investment firms, and other financial institutions.
6. The company also operates a news agency, providing real-time news and information to media outlets around the world.
7. Thomson Reuters is known for its highly-regarded financial indices, including the Thomson Reuters/Jefferies CRB Index, which tracks commodity prices.
8. The company also has a presence in the legal industry, providing software and information solutions to law firms and corporations.
9. Thomson Reuters has a strong commitment to diversity and inclusion in the workplace, with initiatives such as Women@Thomson Reuters and Pride@Thomson Reuters.
10. In addition to its core business operations, Thomson Reuters also has a philanthropic arm, the Thomson Reuters Foundation, which promotes socio-economic progress and the rule of law.
See Company Due Diligence:
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