What is THOMSON REUTERS FL/RTE II's earnings per share (EPS)?

THOMSON REUTERS FL/RTE II (TMSOF) reported diluted earnings per share of $3.29 for fiscal year 2025. This represents a -32.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

THOMSON REUTERS FL/RTE II (TMSOF) Financials

TMSOF

FY2025 annual

Revenue $7.5B +3.0% YoY

Net Income $1.5B -31.9% YoY

EPS (Diluted) $3.29 -32.2% YoY

Free Cash Flow $2.0B +9.0% YoY

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Dec 31, 2025 Reported Mar 5, 2026 Currency USD FYE December

Newest figures come from the 10-K for FY2025, filed Mar 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TMSOF SEC filings page.

THOMSON REUTERS FL/RTE II (TMSOF) reported $7.5B in revenue for fiscal year 2025, up 3.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI TMSOF FY2025 2026-09-05

Cash generation is strengthening despite softer earnings, while liquidity tightens and the balance sheet becomes increasingly goodwill-heavy.

Net income fell $705M from FY2024 to FY2025, yet operating cash flow rose $194M. That divergence, alongside FY2025 free cash flow of $2.02B, indicates annual accounting profit is becoming a less reliable shorthand for the cash the business produces.

Free cash flow reached $2.02B in FY2025 despite capital expenditures of $634M, so stronger cash generation was not simply purchased by cutting reinvestment. The combination makes cash conversion a stronger operating signal than reported earnings in this period.

The current ratio fell from 1.0x in FY2024 to 0.6x in FY2025, showing short-term obligations again exceeded current assets even as cash generation improved. Goodwill represented 44.1% of assets in FY2025 versus 26.8% in FY2021, so the asset base is increasingly concentrated in acquired intangible value.

Financial Health Signals

Financial health score not available

THOMSON REUTERS FL/RTE II does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

5/7

THOMSON REUTERS FL/RTE II passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.76x

For every $1 of reported earnings, THOMSON REUTERS FL/RTE II generates $1.76 in operating cash flow ($2.7B OCF vs $1.5B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

None of these metrics is reported for Q4 2025.

Cash & Balance Sheet

Cash & Debt

$511.0M

YoY-74.0%

QoQ-23.0%

THOMSON REUTERS FL/RTE II held $511.0M in cash against $190.0M in long-term debt as of Q4 2025, with $3.5B of liabilities due within a year.

Free Cash Flow

Not reported for Q4 2025.

Dividends Per Share

Not reported for Q4 2025.

Shares Outstanding

Not reported for Q4 2025.

Margins & Returns

None of these metrics is reported for Q4 2025.

Capital Allocation

None of these metrics is reported for Q4 2025.

TMSOF Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

TMSOF quarterly income statement

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Revenue	$7.5B+3.0%	$7.3B+6.8%	$6.8B+2.5%	$6.6B+4.4%	$6.3B+6.1%	$6.0B+1.3%	$5.9B+7.4%	$5.5B+3.9%	$5.3B-52.6%	$11.2B
Interest Expense	$113.0M-19.3%	$140.0M-27.5%	$193.0M+17.0%	$165.0M+2.5%	$161.0M+3.2%	$156.0M+0.6%	$155.0M-40.2%	$259.0M-20.8%	$327.0M-3.5%	$339.0M
Income Tax	$423.0M+443.9%	-$123.0M-129.5%	$417.0M+61.0%	$259.0M-83.9%	$1.6B+2163.4%	$71.0M+105.9%	-$1.2B-980.9%	$136.0M+201.5%	-$134.0M-793.3%	-$15.0M
Net Income	$1.5B-31.9%	$2.2B-18.1%	$2.7B+101.4%	$1.3B-76.5%	$5.7B+407.0%	$1.1B-28.3%	$1.6B-61.1%	$4.0B+175.7%	$1.5B-53.7%	$3.1B
EPS (Basic)	$3.29-32.3%	$4.86-14.7%	$5.70+98.6%	$2.87-75.1%	$11.52+398.7%	$2.31-26.2%	$3.13+1152.0%	$0.25-87.1%	$1.94+44.8%	$1.34
EPS (Diluted)	$3.29-32.2%	$4.85-14.8%	$5.69+99.0%	$2.86-75.1%	$11.50+400.0%	$2.30-26.3%	$3.12	$0.24	$1.94	$1.34
Diluted Shares (Avg)	450M-0.4%	451M-2.7%	464M-4.3%	485M-1.9%	495M-0.7%	498M-0.9%	503M	668M	720M	749M

Metric	Q4'2510-K	Q2'2510-Q	Q4'2410-K	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q4'2210-K	Q2'2210-Q
Revenue	N/A	$1.8B+2.6%	N/A	$1.7B+5.6%	N/A	$1.6B+2.0%	N/A	$1.6B+5.4%
Interest Expense	N/A	$28.0M-22.2%	N/A	$36.0M-26.5%	N/A	$49.0M+22.5%	N/A	$40.0M0.0%
Income Tax	N/A	$52.0M+112.9%	N/A	-$402.0M-283.6%	N/A	$219.0M+338.0%	N/A	-$92.0M-131.8%
Net Income	N/A	$313.0M-62.8%	N/A	$841.0M-5.9%	N/A	$894.0M+877.4%	N/A	-$115.0M-110.8%
EPS (Basic)	N/A	$0.66-64.7%	N/A	$1.87-1.1%	N/A	$1.89+1360.0%	N/A	-$0.15-106.9%
EPS (Diluted)	N/A	$0.66-64.7%	N/A	$1.87-1.1%	N/A	$1.89	N/A	-$0.15
Diluted Shares (Avg)	N/A	451M+0.1%	N/A	451M-4.1%	N/A	470M	N/A	487M

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.

TMSOF Balance Sheet

TMSOF quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Total Assets	$17.9B-2.7%	$18.4B-1.3%	$18.7B-13.9%	$21.7B-2.0%	$22.1B+23.9%	$17.9B+3.4%	$17.3B+1.6%	$17.0B-35.7%	$26.5B-4.9%	$27.9B
Current Assets	$2.2B-36.2%	$3.5B+19.5%	$2.9B+3.9%	$2.8B+14.6%	$2.5B-38.3%	$4.0B+29.4%	$3.1B-32.1%	$4.5B+51.9%	$3.0B-35.8%	$4.6B
Cash & Equivalents	$511.0M-74.0%	$2.0B+51.6%	$1.3B+21.4%	$1.1B+37.4%	$778.0M-56.5%	$1.8B+116.6%	$825.0M-69.5%	$2.7B+209.6%	$874.0M-63.1%	$2.4B
Inventory	$23.0M+9.5%	$21.0M+5.0%	$20.0M-31.0%	$29.0M+3.6%	$28.0M+7.7%	$26.0M+13.0%	$23.0M-30.3%	$33.0M+6.5%	$31.0M-3.1%	$32.0M
Goodwill	$7.9B+9.0%	$7.3B+8.1%	$6.7B+14.5%	$5.9B-1.2%	$5.9B-0.6%	$6.0B+2.1%	$5.9B+15.3%	$5.1B-66.3%	$15.0B+3.8%	$14.5B
Total Liabilities	$6.0B-6.3%	$6.4B-15.6%	$7.6B-22.5%	$9.8B+18.2%	$8.3B+5.2%	$7.9B+2.1%	$7.7B-0.9%	$7.8B-39.5%	$12.9B-11.6%	$14.6B
Current Liabilities	$3.5B+0.9%	$3.4B+6.3%	$3.2B-33.9%	$4.9B+89.5%	$2.6B-2.7%	$2.7B-17.6%	$3.2B+19.6%	$2.7B-43.9%	$4.8B+5.1%	$4.6B
Non-Current Liabilities	$2.6B-14.6%	$3.0B-31.7%	$4.4B-11.1%	$4.9B-13.9%	$5.7B+9.2%	$5.2B+16.2%	$4.5B-11.7%	$5.1B-36.9%	$8.1B-19.2%	$10.0B
Long-Term Debt	$190.0M-4.0%	$198.0M-5.3%	$209.0M+16.8%	$179.0M-9.1%	$197.0M-11.7%	$223.0M-11.9%	$253.0M-92.1%	$3.2B-54.2%	$7.0B-4.9%	$7.4B
Total Equity	$11.9B-0.8%	$12.0B+8.5%	$11.1B-6.9%	$11.9B-14.1%	$13.8B+38.6%	$10.0B+4.4%	$9.6B+3.8%	$9.2B-32.2%	$13.6B+2.4%	$13.3B
Retained Earnings	$9.2B-4.9%	$9.7B+11.7%	$8.7B+13.6%	$7.6B-16.5%	$9.1B+75.6%	$5.2B+5.0%	$5.0B+4.8%	$4.7B-34.2%	$7.2B-3.7%	$7.5B

Metric	Q4'2510-K	Q2'2510-Q	Q4'2410-K	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q4'2210-K	Q2'2210-Q
Total Assets	$17.9B-2.7%	$18.0B-2.2%	$18.4B-1.3%	$18.4B-12.0%	$18.7B-13.9%	$20.9B-4.2%	$21.7B-2.0%	$21.8B-11.2%
Current Assets	$2.2B-36.2%	$2.3B-30.9%	$3.5B+19.5%	$3.3B-26.3%	$2.9B+3.9%	$4.4B+97.7%	$2.8B+14.6%	$2.2B-42.3%
Cash & Equivalents	$511.0M-74.0%	$664.0M-60.2%	$2.0B+51.6%	$1.7B-41.6%	$1.3B+21.4%	$2.9B+520.0%	$1.1B+37.4%	$461.0M-80.3%
Inventory	$23.0M+9.5%	N/A	$21.0M+5.0%	N/A	$20.0M-31.0%	N/A	$29.0M+3.6%	N/A
Goodwill	$7.9B+9.0%	$7.8B+7.4%	$7.3B+8.1%	$7.3B+17.9%	$6.7B+14.5%	$6.2B+4.7%	$5.9B-1.2%	$5.9B-1.3%
Total Liabilities	$6.0B-6.3%	$5.3B-20.9%	$6.4B-15.6%	$6.8B-30.2%	$7.6B-22.5%	$9.7B+14.7%	$9.8B+18.2%	$8.4B-3.8%
Current Liabilities	$3.5B+0.9%	$2.9B-23.4%	$3.4B+6.3%	$3.7B-24.2%	$3.2B-33.9%	$4.9B+80.2%	$4.9B+89.5%	$2.7B-1.4%
Non-Current Liabilities	$2.6B-14.6%	$2.5B-17.7%	$3.0B-31.7%	$3.0B-36.4%	$4.4B-11.1%	$4.8B-16.6%	$4.9B-13.9%	$5.7B-5.0%
Long-Term Debt	$190.0M-4.0%	$190.0M-8.2%	$198.0M-5.3%	$207.0M+16.9%	$209.0M+16.8%	$177.0M-1.1%	$179.0M-9.1%	$179.0M-6.8%
Total Equity	$11.9B-0.8%	$12.6B+8.6%	$12.0B+8.5%	$11.6B+3.7%	$11.1B-6.9%	$11.2B-16.1%	$11.9B-14.1%	$13.4B-15.4%
Retained Earnings	$9.2B-4.9%	$9.9B+7.0%	$9.7B+11.7%	$9.3B+5.0%	$8.7B+13.6%	$8.8B-1.4%	$7.6B-16.5%	$9.0B-18.6%

Not reported in any period shown, so not listed: Short-Term Investments, Accounts Receivable, Long-Term Investments.

TMSOF Cash Flow Statement

TMSOF quarterly cash flow statement

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Operating Cash Flow	$2.7B+7.9%	$2.5B+5.0%	$2.3B+22.2%	$1.9B+8.0%	$1.8B+1.6%	$1.7B+148.6%	$702.0M-66.0%	$2.1B+1.6%	$2.0B-32.0%	$3.0B
Capital Expenditures	$634.0M+4.4%	$607.0M+11.6%	$544.0M-8.6%	$595.0M+22.2%	$487.0M-3.4%	$504.0M-0.2%	$505.0M-12.3%	$576.0M+11.0%	$519.0M	N/A
Free Cash Flow	$2.0B+9.0%	$1.9B+2.9%	$1.8B+36.1%	$1.3B+2.6%	$1.3B+3.6%	$1.2B+529.9%	$197.0M-86.7%	$1.5B-1.6%	$1.5B	N/A
Investing Cash Flow	-$1.3B-288.8%	$680.0M-80.6%	$3.5B+860.4%	-$462.0M+8.3%	-$504.0M-265.2%	-$138.0M+90.0%	-$1.4B-109.4%	$14.7B+1506.8%	-$1.0B-147.9%	$2.2B
Financing Cash Flow	-$2.8B-15.0%	-$2.5B+56.3%	-$5.6B-386.7%	-$1.2B+49.1%	-$2.3B-253.0%	-$644.0M+46.4%	-$1.2B+92.0%	-$14.9B-499.8%	-$2.5B+32.9%	-$3.7B

Metric	Q4'2510-K	Q2'2510-Q	Q4'2410-K	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q4'2210-K	Q2'2210-Q
Operating Cash Flow	N/A	$746.0M+5.8%	N/A	$705.0M+1.4%	N/A	$695.0M+60.5%	N/A	$433.0M-6.3%
Capital Expenditures	N/A	$163.0M+7.2%	N/A	$152.0M+19.7%	N/A	$127.0M-7.3%	N/A	$137.0M+21.2%
Free Cash Flow	N/A	$583.0M+5.4%	N/A	$553.0M-2.6%	N/A	$568.0M+91.9%	N/A	$296.0M-15.2%
Investing Cash Flow	N/A	-$182.0M-156.2%	N/A	$324.0M-80.2%	N/A	$1.6B+742.9%	N/A	-$254.0M+48.1%
Financing Cash Flow	N/A	-$1.3B-2.4%	N/A	-$1.2B-7.3%	N/A	-$1.2B-215.2%	N/A	-$368.0M-70.4%

Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Dividends Paid, Share Buybacks.

TMSOF Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

TMSOF quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Net Margin	20.1%-10.3pp	30.4%-9.3pp	39.7%+19.5pp	20.2%-69.4pp	89.6%+70.9pp	18.8%-7.7pp	26.5%-46.6pp	73.1%+45.6pp	27.5%-0.7pp	28.2%
Return on Equity	12.6%-5.8pp	18.4%-6.0pp	24.4%+13.1pp	11.3%-29.9pp	41.1%+29.9pp	11.2%-5.1pp	16.4%-27.3pp	43.7%+32.9pp	10.8%-13.0pp	23.8%
Return on Assets	8.4%-3.6pp	12.0%-2.4pp	14.4%+8.3pp	6.2%-19.5pp	25.7%+19.4pp	6.3%-2.8pp	9.0%-14.6pp	23.6%+18.1pp	5.5%-5.8pp	11.3%
Current Ratio	0.64-0.4x	1.02+0.1x	0.90+0.3x	0.57-0.4x	0.95-0.5x	1.50+0.5x	0.95-0.7x	1.68+1.1x	0.62-0.4x	1.02
Debt-to-Equity	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.010.0x	0.020.0x	0.03-0.3x	0.35-0.2x	0.520.0x	0.56
Asset Turnover	0.420.0x	0.390.0x	0.36+0.1x	0.310.0x	0.290.0x	0.330.0x	0.340.0x	0.32+0.1x	0.20-0.2x	0.40
FCF Margin	27.0%+1.5pp	25.5%-1.0pp	26.5%+6.5pp	19.9%-0.3pp	20.3%-0.5pp	20.7%+17.4pp	3.3%-23.7pp	27.0%-1.5pp	28.5%	N/A

Metric	Q4'2510-K	Q2'2510-Q	Q4'2410-K	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q4'2210-K	Q2'2210-Q
Net Margin	N/A	17.5%-30.8pp	N/A	48.3%-5.9pp	N/A	54.3%+61.4pp	N/A	-7.1%-76.8pp
Return on Equity	N/A	2.5%-4.8pp	N/A	7.2%-0.7pp	N/A	8.0%+8.8pp	N/A	-0.9%-7.6pp
Return on Assets	N/A	1.7%-2.8pp	N/A	4.6%+0.3pp	N/A	4.3%+4.8pp	N/A	-0.5%-4.9pp
Current Ratio	0.64-0.4x	0.79-0.1x	1.02+0.1x	0.880.0x	0.90+0.3x	0.90+0.1x	0.57-0.4x	0.82-0.6x
Debt-to-Equity	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.010.0x
Asset Turnover	N/A	0.100.0x	N/A	0.090.0x	N/A	0.080.0x	N/A	0.070.0x
FCF Margin	N/A	32.7%+0.9pp	N/A	31.8%-2.7pp	N/A	34.5%+16.1pp	N/A	18.3%-4.4pp

Not reported in any period shown, so not listed: Gross Margin, Operating Margin.

Note: The current ratio is below 1.0 (0.64), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Where THOMSON REUTERS FL/RTE II Ranks

Frequently Asked Questions

What is THOMSON REUTERS FL/RTE II's annual revenue?

THOMSON REUTERS FL/RTE II (TMSOF) reported $7.5B in total revenue for fiscal year 2025. This represents a 3.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is THOMSON REUTERS FL/RTE II's revenue growing?

THOMSON REUTERS FL/RTE II (TMSOF) revenue grew by 3.0% year-over-year, from $7.3B to $7.5B in fiscal year 2025.

Is THOMSON REUTERS FL/RTE II profitable?

Yes, THOMSON REUTERS FL/RTE II (TMSOF) reported a net income of $1.5B in fiscal year 2025, with a net profit margin of 20.1%.

How much debt does THOMSON REUTERS FL/RTE II have?

As of fiscal year 2025, THOMSON REUTERS FL/RTE II (TMSOF) had $511.0M in cash and equivalents against $190.0M in long-term debt.

What is THOMSON REUTERS FL/RTE II's net profit margin?

THOMSON REUTERS FL/RTE II (TMSOF) had a net profit margin of 20.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is THOMSON REUTERS FL/RTE II's return on equity (ROE)?

THOMSON REUTERS FL/RTE II (TMSOF) has a return on equity of 12.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is THOMSON REUTERS FL/RTE II's free cash flow?

THOMSON REUTERS FL/RTE II (TMSOF) generated $2.0B in free cash flow during fiscal year 2025. This represents a 9.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is THOMSON REUTERS FL/RTE II's operating cash flow?

THOMSON REUTERS FL/RTE II (TMSOF) generated $2.7B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are THOMSON REUTERS FL/RTE II's total assets?

THOMSON REUTERS FL/RTE II (TMSOF) had $17.9B in total assets as of fiscal year 2025, including both current and long-term assets.

What are THOMSON REUTERS FL/RTE II's capital expenditures?

THOMSON REUTERS FL/RTE II (TMSOF) invested $634.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is THOMSON REUTERS FL/RTE II's current ratio?

THOMSON REUTERS FL/RTE II (TMSOF) had a current ratio of 0.64 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is THOMSON REUTERS FL/RTE II's debt-to-equity ratio?

THOMSON REUTERS FL/RTE II (TMSOF) had a debt-to-equity ratio of 0.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is THOMSON REUTERS FL/RTE II's return on assets (ROA)?

THOMSON REUTERS FL/RTE II (TMSOF) had a return on assets of 8.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is THOMSON REUTERS FL/RTE II's Piotroski F-Score?

THOMSON REUTERS FL/RTE II (TMSOF) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are THOMSON REUTERS FL/RTE II's earnings high quality?

THOMSON REUTERS FL/RTE II (TMSOF) has an earnings quality ratio of 1.76x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.