Thomson Reuters Debt-to-Equity Ratio Growth & History (TRI)
Thomson Reuters's debt-to-equity ratio was 0.20 for fiscal 2025.
View full Thomson Reuters company overviewThomson Reuters annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.20 | −0.06 | −22.29% |
| 2024 | 2024-12-31 | 0.26 | −0.06 | −19.97% |
| 2023 | 2023-12-31 | 0.32 | −0.10 | −23.84% |
| 2022 | 2022-12-31 | 0.42 | 0.13 | +43.69% |
| 2021 | 2021-12-31 | 0.29 | −0.12 | −28.41% |
| 2020 | 2020-12-31 | 0.41 | 0.03 | +9.21% |
| 2019 | 2019-12-31 | 0.37 | 0.03 | +7.34% |
| 2018 | 2018-12-31 | 0.35 | −0.19 | −35.12% |
| 2017 | 2017-12-31 | 0.54 | −0.04 | −7.12% |
| 2016 | 2016-12-31 | 0.58 | — | — |
Thomson Reuters quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.29 | 0.12 | +70.13% |
| Q1 2026 | 2026-03-31 | 0.21 | — | — |
| Q4 2025 | 2025-12-31 | 0.20 | −0.06 | −22.29% |
| Q3 2025 | 2025-09-30 | 0.21 | — | — |
| Q2 2025 | 2025-06-30 | 0.17 | −0.12 | −42.14% |
| Q4 2024 | 2024-12-31 | 0.26 | −0.06 | −19.97% |
| Q2 2024 | 2024-06-30 | 0.29 | −0.23 | −44.00% |
| Q4 2023 | 2023-12-31 | 0.32 | −0.10 | −23.84% |
| Q2 2023 | 2023-06-30 | 0.52 | 0.22 | +71.01% |
| Q4 2022 | 2022-12-31 | 0.42 | 0.13 | +43.69% |
| Q2 2022 | 2022-06-30 | 0.30 | 0.04 | +17.40% |
| Q4 2021 | 2021-12-31 | 0.29 | −0.12 | −28.41% |
| Q2 2021 | 2021-06-30 | 0.26 | −0.19 | −41.94% |
| Q4 2020 | 2020-12-31 | 0.41 | 0.03 | +9.21% |
| Q2 2020 | 2020-06-30 | 0.45 | 0.06 | +16.89% |
| Q4 2019 | 2019-12-31 | 0.37 | 0.03 | +7.34% |
| Q2 2019 | 2019-06-30 | 0.38 | −0.27 | −41.14% |
| Q4 2018 | 2018-12-31 | 0.35 | −0.19 | −35.12% |
| Q2 2018 | 2018-06-30 | 0.65 | — | — |
| Q4 2017 | 2017-12-31 | 0.54 | −0.04 | −7.12% |
| Q4 2016 | 2016-12-31 | 0.58 | — | — |
Thomson Reuters debt-to-equity ratio trends
Over the last five fiscal years, Thomson Reuters's debt-to-equity ratio decreased from 0.41 to 0.20, a change of −0.21. The latest reported quarter, Q2 2026, shows 0.29.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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