Business ModelTRI's business model is attractive with a sticky customer base from its deeply embedded solutions, 81% recurring revenue with 39% EBITDA margins, and strong FCF generation that provides TRI the flexibility to pursue M&A and capital returns.
M&A StrategyTRI has a strong M&A track record adding several businesses in recent years that help customers streamline time-consuming processes including automation of tax form data entry, digitizing invoicing, and modernizing audit confirmations.
Market LeadershipTRI has established itself as the market leader in the legal, tax, and accounting industries with its best-in-class workflow solutions built on its data asset moat amassed over 150 years and maintained by a team of attorney experts.