Invesaro

Stocks Comparison

McGraw Hill vs Thomson Reuters: revenue, profit, margins and growth compared

McGraw Hill brought in $2.1B of revenue in fiscal 2026, Thomson Reuters $7.5B in fiscal 2025. Revenue changed by +0.1% at McGraw Hill and +3.0% at Thomson Reuters on the year before, so Thomson Reuters grew faster. McGraw Hill kept 1.7% of its revenue as net profit, Thomson Reuters 20.1%. Free cash flow was $246.3M at McGraw Hill and $2B at Thomson Reuters.

Side by side, latest fiscal year

MHTRI
Fiscal year endedFY2026 (March 31, 2026)FY2025 (December 31, 2025)
Revenue$2.1B$7.5B
Revenue growth+0.1%+3.0%
Net income$35.3M$1.5B
Net margin1.7%20.1%
Free cash flow$246.3M$2B
Free cash flow margin11.7%27.0%
Earnings per share (diluted)$0.19$3.33
Cash$253.5M$511M
Debt$2.6B$2.1B
Price to earnings65.8n/a
Market value$2.4B$42.2B
Dividend yieldn/an/a
Rank by revenue in sector#363 of 1065 · Consumer discretionary#158 of 1065 · Consumer discretionary

Over the years

Revenue
MH FY2024: $2BMH FY2026: $2.1BMH FY2026: $2.1BTRI FY2018: $5.5BTRI FY2019: $5.9BTRI FY2020: $6BTRI FY2021: $6.3BTRI FY2022: $6.6BTRI FY2023: $6.8BTRI FY2024: $7.3BTRI FY2025: $7.5BFY18FY19FY20FY21FY22FY23FY24FY25FY26
MH $2.1BTRI $7.5B
Net income
MH FY2024: -$193MMH FY2026: -$85.8MMH FY2026: $35.3MTRI FY2018: $3.9BTRI FY2019: $1.6BTRI FY2020: $1.1BTRI FY2021: $5.7BTRI FY2022: $1.3BTRI FY2023: $2.7BTRI FY2024: $2.2BTRI FY2025: $1.5BFY18FY19FY20FY21FY22FY23FY24FY25FY26
MH $35.3MTRI $1.5B
Net margin
MH FY2024: -9.8%MH FY2026: -4.1%MH FY2026: 1.7%TRI FY2018: 71.5%TRI FY2019: 26.5%TRI FY2020: 18.8%TRI FY2021: 89.6%TRI FY2022: 20.2%TRI FY2023: 39.7%TRI FY2024: 30.4%TRI FY2025: 20.1%FY18FY19FY20FY21FY22FY23FY24FY25FY26
MH 1.7%TRI 20.1%
Revenue growth
MH FY2026: +7.2%MH FY2026: +0.1%TRI FY2019: +7.4%TRI FY2020: +1.3%TRI FY2021: +6.1%TRI FY2022: +4.4%TRI FY2023: +2.5%TRI FY2024: +6.8%TRI FY2025: +3.0%FY19FY20FY21FY22FY23FY24FY25FY26
MH +0.1%TRI +3.0%
Free cash flow
MH FY2024: $154.2MMH FY2026: $575.2MMH FY2026: $246.3MTRI FY2018: $1.5BTRI FY2019: $197MTRI FY2020: $1.2BTRI FY2021: $1.3BTRI FY2022: $1.3BTRI FY2023: $1.8BTRI FY2024: $1.9BTRI FY2025: $2BFY18FY19FY20FY21FY22FY23FY24FY25FY26
MH $246.3MTRI $2B

Fiscal years as each company reports them; the two may end in different months.

Questions about McGraw Hill and Thomson Reuters

Which is bigger by revenue, McGraw Hill or Thomson Reuters?

Thomson Reuters is bigger by revenue: $7.5B in fiscal 2025, against $2.1B for McGraw Hill in fiscal 2026.

Which keeps more of its revenue as profit, McGraw Hill or Thomson Reuters?

McGraw Hill had a net margin of 1.7% in fiscal 2026; Thomson Reuters had 20.1% in fiscal 2025.

Which grew revenue faster, McGraw Hill or Thomson Reuters?

In their latest fiscal years revenue changed by +0.1% at McGraw Hill and +3.0% at Thomson Reuters.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies