Thomson Reuters Corp cash flow statement

In fiscal 2025, Thomson Reuters Corp's operations generated $2.65bn of cash; it spent $634m on capital projects, leaving free cash flow of $2.02bn. It returned $1.00bn through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Thomson Reuters Corp: cash flow statement, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash from operations	2,984	2,029	2,062	702	1,745	1,773	1,915	2,341	2,457	2,651
Depreciation and amortisation	1,024	113	110	154	184	177	140	116	113	111
Capital spending	—	519	576	505	504	487	595	544	607	634
Free cash flow	—	1,510	1,486	197	1,241	1,286	1,320	1,797	1,850	2,017
Share buybacks	1,673	1,000	1,174	488	200	1,400	1,282	1,079	639	1,000

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Thomson Reuters Corp's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Thomson Reuters Corp.