Strong Organic Revenue Growth
Full-year organic revenue grew 7%, up from 6% in the prior year. The big three segments accelerated, growing 9% for the year versus 7% in 2023.
Generative AI Offerings and Product Innovation
Continued strong momentum from generative AI offerings, including Westlaw Precision and Co-Counsel. Several important product launches featuring generative AI capabilities, and significant investments in AI growing to more than $200 million in 2024.
Successful Capital Allocation and Acquisitions
Completed the monetization of LSIC stake, repurchased $639 million of shares, and raised the common dividend by 10% for the fourth consecutive year. Invested approximately $1.6 billion in five acquisitions.
Positive Financial Performance Metrics
Adjusted earnings per share for the year was $3.77 compared to $3.51 per share in the prior year. Fourth-quarter organic revenues grew by 5%, with a 2% increase in adjusted EBITDA to $718 million.
Increasing Revenue Growth Targets
Guidance for organic revenue growth of 7% to 7.5% in 2025 and updating the financial framework for 2026 to 7.5% to 8%. Raised 2026 revenue growth targets for each big three segments by 1%.