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TRI vs. VLTO: Thomson Reuters vs. Veralto Stock Comparison

How do Thomson Reuters (TRI) and Veralto (VLTO) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Thomson Reuters (TRI) and Veralto (VLTO) both fall under the Commercial & Professional Services industry group, but TRI is classified in Professional Services while VLTO is classified in Commercial Services & Supplies.

Thomson Reuters (TRI) has more than two decades of public-market history since June 12, 2002, whereas Veralto (VLTO) listed on October 4, 2023 and has a much shorter record to draw on.

Company profile comparison for Thomson Reuters (TRI) and Veralto (VLTO)
Profile ItemTRIVLTO
NameThomson Reuters CorporationVeralto Corporation
Country/RegionCanadaUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCommercial & Professional ServicesCommercial & Professional Services
GICS IndustryProfessional ServicesCommercial Services & Supplies
GICS Sub-IndustryResearch & Consulting ServicesEnvironmental & Facilities Services
Market Capitalization48.79 billion USD28.47 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJune 12, 2002October 4, 2023
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

TRI
VLTO
GSPC
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Thomson Reuters (TRI) vs. Veralto (VLTO), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Thomson Reuters (TRI) and Veralto (VLTO). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Thomson Reuters (TRI) and Veralto (VLTO). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Thomson Reuters (TRI) and Veralto (VLTO)
MetricTRIVLTO
Total Return (1Y)-16.97%20.35%
Total Return (3Y, Annualized)-3.77%19.78%
Total Return (5Y, Annualized)0.07%--

Risk Profile

Drawdown History

TRI
VLTO
GSPC
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Thomson Reuters (TRI) vs. Veralto (VLTO), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Thomson Reuters (TRI) and Veralto (VLTO). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Thomson Reuters (TRI) and Veralto (VLTO)
MetricTRIVLTO
Volatility (1Y, Annualized)52.25%24.45%
Beta (5Y)0.730.45
Max Drawdown (5Y)-62.87%-27.09%
Avg. Volume (3M)1.62M1.77M

Risk-Adjusted Performance

Risk-Return Positioning

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TRI and VLTO are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Thomson Reuters (TRI) and Veralto (VLTO)
MetricTRIVLTO
Sharpe Ratio (1Y)-0.410.66
Sortino Ratio (1Y)-0.581.04

Profitability

ROE (TTM)

Veralto (VLTO) at 32.96% sits in the top ROE quartile, while Thomson Reuters (TRI) at 14.11% is closer to the peer norm — stronger capital efficiency for VLTO.

TRI

Commercial & Professional Services industry group

14.11%

Max
47.06%
Q3
25.43%
TRI
14.11%
Median
14.11%
Q1
3.92%
Min
-20.15%

VLTO

Commercial & Professional Services industry group

32.96%

Max
47.06%
VLTO
32.96%
Q3
25.43%
Median
14.11%
Q1
3.92%
Min
-20.15%
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Thomson Reuters (TRI) vs. Veralto (VLTO): A comparison of their ROE against the Commercial & Professional Services industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Thomson Reuters (TRI) at 19.69% and Veralto (VLTO) at 17.27% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

TRI

Commercial & Professional Services industry group

19.69%

Max
23.28%
TRI
19.69%
Q3
11.35%
Median
5.65%
Q1
0.87%
Min
-8.60%

VLTO

Commercial & Professional Services industry group

17.27%

Max
23.28%
VLTO
17.27%
Q3
11.35%
Median
5.65%
Q1
0.87%
Min
-8.60%
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Thomson Reuters (TRI) vs. Veralto (VLTO): A comparison of their net margin against the Commercial & Professional Services industry group benchmark.

Operating Margin (TTM)

Both Thomson Reuters (TRI) at 21.93% and Veralto (VLTO) at 19.42% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

TRI

Commercial & Professional Services industry group

21.93%

Max
38.50%
TRI
21.93%
Q3
18.84%
Median
10.40%
Q1
5.59%
Min
-12.00%

VLTO

Commercial & Professional Services industry group

19.42%

Max
38.50%
VLTO
19.42%
Q3
18.84%
Median
10.40%
Q1
5.59%
Min
-12.00%
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Thomson Reuters (TRI) vs. Veralto (VLTO): A comparison of their operating margin against the Commercial & Professional Services industry group benchmark.

Profitability Metrics

Profitability metrics for Thomson Reuters (TRI) and Veralto (VLTO)
MetricTRIVLTO
ROE (TTM)14.11%32.96%
ROA (TTM)6.96%9.96%
Net Margin (TTM)19.69%17.27%
Operating Margin (TTM)21.93%19.42%
Gross Margin (TTM)39.72%59.84%

Growth

Revenue Growth

Both Thomson Reuters (TRI) at 3.00% and Veralto (VLTO) at 5.97% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Thomson Reuters (TRI) vs. Veralto (VLTO): A comparison of their Revenue Growth across different time periods.

EPS Growth

Veralto (VLTO) at 12.57% is around its peer norm for EPS growth, while Thomson Reuters (TRI) at -31.90% drops into the bottom quartile, signaling weaker earnings momentum.

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Thomson Reuters (TRI) vs. Veralto (VLTO): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Thomson Reuters (TRI) and Veralto (VLTO)
MetricTRIVLTO
Revenue Growth (YoY)3.00%5.97%
Revenue Growth (3Y CAGR)4.10%4.16%
EPS Growth (YoY)-31.90%12.57%
EPS Growth (3Y CAGR)3.68%3.16%

Financial Strength

Current Ratio (MRQ)

Veralto (VLTO) at 2.03 keeps current ratio within its industry’s typical mid-range, while Thomson Reuters (TRI) at 1.08 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for TRI.

TRI

Commercial & Professional Services industry group

1.08

Max
3.63
Q3
2.14
Median
1.55
Q1
1.09
TRI
1.08
Min
0.45

VLTO

Commercial & Professional Services industry group

2.03

Max
3.63
Q3
2.14
VLTO
2.03
Median
1.55
Q1
1.09
Min
0.45
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Thomson Reuters (TRI) vs. Veralto (VLTO): A comparison of their current ratio against the Commercial & Professional Services industry group benchmark.

Debt / Equity (MRQ)

Both Thomson Reuters (TRI) at 0.36 and Veralto (VLTO) at 0.97 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

TRI

Commercial & Professional Services industry group

0.36

Max
2.37
Q3
1.25
Median
0.88
TRI
0.36
Q1
0.35
Min
0.00

VLTO

Commercial & Professional Services industry group

0.97

Max
2.37
Q3
1.25
VLTO
0.97
Median
0.88
Q1
0.35
Min
0.00
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Thomson Reuters (TRI) vs. Veralto (VLTO): A comparison of their debt-to-equity ratio against the Commercial & Professional Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Thomson Reuters (TRI) and Veralto (VLTO)
MetricTRIVLTO
Current Ratio (MRQ)1.082.03
Debt / Equity (MRQ)0.360.97
Net Debt / EBITDA1.170.99

Dividends

Dividend Yield (TTM)

Thomson Reuters (TRI) at 2.18% delivers top-quartile income for its industry, while Veralto (VLTO) at 0.45% pays a more typical yield — both are credible income propositions, TRI the richer one.

TRI

Commercial & Professional Services industry group

2.18%

Max
4.33%
TRI
2.18%
Q3
1.80%
Median
0.60%
Q1
0.00%
Min
0.00%

VLTO

Commercial & Professional Services industry group

0.45%

Max
4.33%
Q3
1.80%
Median
0.60%
VLTO
0.45%
Q1
0.00%
Min
0.00%
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Thomson Reuters (TRI) vs. Veralto (VLTO): A comparison of their dividend yield against the Commercial & Professional Services industry group benchmark.

Dividend Payout Ratio (TTM)

Veralto (VLTO) at 12.84% pays out a band-typical share of earnings, while Thomson Reuters (TRI) at 79.09% distributes more than its industry norm — less retained, thinner cover.

TRI

Commercial & Professional Services industry group

79.09%

Max
99.58%
TRI
79.09%
Q3
41.99%
Median
17.27%
Q1
0.00%
Min
-17.94%

VLTO

Commercial & Professional Services industry group

12.84%

Max
99.58%
Q3
41.99%
Median
17.27%
VLTO
12.84%
Q1
0.00%
Min
-17.94%
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Thomson Reuters (TRI) vs. Veralto (VLTO): A comparison of their payout ratio against the Commercial & Professional Services industry group benchmark.

Dividend Metrics

Dividend metrics for Thomson Reuters (TRI) and Veralto (VLTO)
MetricTRIVLTO
Dividend Yield (TTM)2.18%0.45%
Dividend Payout Ratio (TTM)79.09%12.84%

Valuation

P/E Ratio (TTM)

Veralto (VLTO) at 28.91 is near its industry’s usual P/E ratio, while Thomson Reuters (TRI) at 34.53 sits in the richer quartile — TRI needs stronger growth or earnings quality to justify the premium.

TRI

Commercial & Professional Services industry group

34.53

Max
49.47
TRI
34.53
Q3
33.76
Median
24.16
Q1
16.01
Min
1.89

VLTO

Commercial & Professional Services industry group

28.91

Max
49.47
Q3
33.76
VLTO
28.91
Median
24.16
Q1
16.01
Min
1.89
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Thomson Reuters (TRI) vs. Veralto (VLTO): A comparison of their P/E ratio against the Commercial & Professional Services industry group benchmark.

P/S Ratio (TTM)

Both Thomson Reuters (TRI) at 6.09 and Veralto (VLTO) at 4.91 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

TRI

Commercial & Professional Services industry group

6.09

Max
7.17
TRI
6.09
Q3
3.35
Median
1.33
Q1
0.69
Min
0.11

VLTO

Commercial & Professional Services industry group

4.91

Max
7.17
VLTO
4.91
Q3
3.35
Median
1.33
Q1
0.69
Min
0.11
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Thomson Reuters (TRI) vs. Veralto (VLTO): A comparison of their P/S ratio against the Commercial & Professional Services industry group benchmark.

P/B Ratio (MRQ)

Thomson Reuters (TRI) at 4.35 is valued about in line with its industry on P/B ratio, while Veralto (VLTO) at 8.82 carries an above-peer premium to book — VLTO is pricier on assets.

TRI

Commercial & Professional Services industry group

4.35

Max
11.25
Q3
6.08
TRI
4.35
Median
2.92
Q1
1.55
Min
-2.78

VLTO

Commercial & Professional Services industry group

8.82

Max
11.25
VLTO
8.82
Q3
6.08
Median
2.92
Q1
1.55
Min
-2.78
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Thomson Reuters (TRI) vs. Veralto (VLTO): A comparison of their P/B ratio against the Commercial & Professional Services industry group benchmark.

Valuation Metrics

Valuation metrics for Thomson Reuters (TRI) and Veralto (VLTO)
MetricTRIVLTO
P/E Ratio (TTM)34.5328.91
P/S Ratio (TTM)6.094.91
P/B Ratio (MRQ)4.358.82
Free Cash Flow Yield (TTM)2.27%2.68%