TRI.TO vs. SPGI
Compare and contrast key facts about Thomson Reuters Corporation (TRI.TO) and S&P Global Inc. (SPGI).
Performance
TRI.TO vs. SPGI - Performance Comparison
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TRI.TO vs. SPGI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRI.TO Thomson Reuters Corporation | -31.90% | -20.38% | 20.73% | 32.10% | 3.86% | 47.52% | 14.44% | 44.11% | 24.25% | -3.84% |
SPGI S&P Global Inc. | -17.42% | 0.86% | 23.72% | 29.87% | -23.28% | 43.38% | 19.34% | 54.29% | 9.97% | 49.17% |
Different Trading Currencies
TRI.TO is traded in CAD, while SPGI is traded in USD. To make them comparable, the SPGI values have been converted to CAD using the latest available exchange rates.
Fundamentals
TRI.TO:
CA$54.55B
SPGI:
$128.44B
TRI.TO:
CA$3.36
SPGI:
$14.70
TRI.TO:
36.47
SPGI:
28.92
TRI.TO:
14.01
SPGI:
3.78
TRI.TO:
7.32
SPGI:
8.43
TRI.TO:
4.59
SPGI:
4.11
TRI.TO:
CA$7.51B
SPGI:
$15.34B
TRI.TO:
CA$5.58B
SPGI:
$11.65B
TRI.TO:
CA$3.06B
SPGI:
$7.39B
Returns By Period
In the year-to-date period, TRI.TO achieves a -31.90% return, which is significantly lower than SPGI's -17.42% return. Over the past 10 years, TRI.TO has underperformed SPGI with an annualized return of 11.54%, while SPGI has yielded a comparatively higher 17.51% annualized return.
TRI.TO
- 1D
- -2.50%
- 1M
- -10.02%
- YTD
- -31.90%
- 6M
- -41.78%
- 1Y
- -49.95%
- 3Y*
- -8.88%
- 5Y*
- 4.09%
- 10Y*
- 11.54%
SPGI
- 1D
- -0.18%
- 1M
- -2.48%
- YTD
- -17.42%
- 6M
- -11.60%
- 1Y
- -18.49%
- 3Y*
- 9.12%
- 5Y*
- 6.24%
- 10Y*
- 17.51%
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Return for Risk
TRI.TO vs. SPGI — Risk / Return Rank
TRI.TO
SPGI
TRI.TO vs. SPGI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thomson Reuters Corporation (TRI.TO) and S&P Global Inc. (SPGI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| TRI.TO | SPGI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -1.34 | -0.63 | -0.71 |
Sortino ratioReturn per unit of downside risk | -2.12 | -0.66 | -1.46 |
Omega ratioGain probability vs. loss probability | 0.71 | 0.90 | -0.19 |
Calmar ratioReturn relative to maximum drawdown | -0.81 | -0.58 | -0.22 |
Martin ratioReturn relative to average drawdown | -1.59 | -1.50 | -0.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TRI.TO | SPGI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.34 | -0.63 | -0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.18 | 0.27 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.71 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.82 | -0.45 |
Correlation
The correlation between TRI.TO and SPGI is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
TRI.TO vs. SPGI - Dividend Comparison
TRI.TO's dividend yield for the trailing twelve months is around 2.77%, more than SPGI's 0.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRI.TO Thomson Reuters Corporation | 2.77% | 1.84% | 1.28% | 4.55% | 1.49% | 1.34% | 1.95% | 2.07% | 11.97% | 3.29% | 3.07% | 3.27% |
SPGI S&P Global Inc. | 0.91% | 0.73% | 0.73% | 0.82% | 0.99% | 0.65% | 0.82% | 0.84% | 1.18% | 0.97% | 1.34% | 1.34% |
Drawdowns
TRI.TO vs. SPGI - Drawdown Comparison
The maximum TRI.TO drawdown since its inception was -61.65%, which is greater than SPGI's maximum drawdown of -34.84%. Use the drawdown chart below to compare losses from any high point for TRI.TO and SPGI.
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Drawdown Indicators
| TRI.TO | SPGI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.65% | -74.67% | +13.02% |
Max Drawdown (1Y)Largest decline over 1 year | -61.65% | -30.48% | -31.17% |
Max Drawdown (5Y)Largest decline over 5 years | -61.65% | -39.76% | -21.89% |
Max Drawdown (10Y)Largest decline over 10 years | -61.65% | -39.76% | -21.89% |
Current DrawdownCurrent decline from peak | -57.65% | -24.18% | -33.47% |
Average DrawdownAverage peak-to-trough decline | -13.42% | -15.16% | +1.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.38% | 12.19% | +19.19% |
Volatility
TRI.TO vs. SPGI - Volatility Comparison
Thomson Reuters Corporation (TRI.TO) has a higher volatility of 11.67% compared to S&P Global Inc. (SPGI) at 7.46%. This indicates that TRI.TO's price experiences larger fluctuations and is considered to be riskier than SPGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRI.TO | SPGI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.67% | 7.46% | +4.21% |
Volatility (6M)Calculated over the trailing 6-month period | 32.32% | 23.71% | +8.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.48% | 29.68% | +7.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.31% | 23.20% | +0.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.82% | 24.64% | -2.82% |
Financials
TRI.TO vs. SPGI - Financials Comparison
This section allows you to compare key financial metrics between Thomson Reuters Corporation and S&P Global Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TRI.TO vs. SPGI - Profitability Comparison
TRI.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Thomson Reuters Corporation reported a gross profit of 546.27M and revenue of 2.04B. Therefore, the gross margin over that period was 26.8%.
SPGI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, S&P Global Inc. reported a gross profit of 3.92B and revenue of 3.92B. Therefore, the gross margin over that period was 100.0%.
TRI.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Thomson Reuters Corporation reported an operating income of 410.45M and revenue of 2.04B, resulting in an operating margin of 20.1%.
SPGI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, S&P Global Inc. reported an operating income of 1.67B and revenue of 3.92B, resulting in an operating margin of 42.8%.
TRI.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Thomson Reuters Corporation reported a net income of 337.10M and revenue of 2.04B, resulting in a net margin of 16.5%.
SPGI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, S&P Global Inc. reported a net income of 1.13B and revenue of 3.92B, resulting in a net margin of 29.0%.