Thomson Reuters Corp vs Warner Music Group Corp — how do they compare? Thomson Reuters Corp trades at $91.04 (market cap $41.28B), while Warner Music Group Corp trades at $28.2 (market cap $14.64B). The key difference: Thomson Reuters Corp is far larger — about 2.8× Warner Music Group Corp's market cap, and Thomson Reuters Corp pays the higher dividend (2.75%). Which is the better fit depends on your goals.
| TRI | WMG | |
|---|---|---|
Market Cap | $41.28B | $14.64B |
Sector | Industrials | Media |
52-Week High | $205.54 | $34.72 |
52-Week Low | $76.55 | $23.65 |
Enterprise Value | $43.24B | $18.84B |
Dividend Yield | 2.75% | 2.71% |
Trailing returns across standard periods
Latest headlines on both assets
Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008 and the 2018 carve-out of its finance and risk business, Refinitiv, in which it holds a 45% stake. In 2019, the company agreed to exchange its 45% stake in Refinitiv for a 15% stake in LSE, which closed in early 2021. Since the divestiture, the company is more concentrated on selling its flagship legal data and software, Westlaw, and its tax accounting software, Onesource. Reuters sees roughly 80% of revenue and 70% of expenses attributed to the United States, while the remainder (largely through the global print and Reuters News segments) is distributed across Latin America, Europe, the Middle East, Africa, and Asia-Pacific.
Read more on TRI →Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over a million copyrights represented. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights.
Read more on WMG →