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Side-by-side financial comparison of BREAD FINANCIAL HOLDINGS, INC. (BFH) and THOMSON REUTERS CORP (TRI). Click either name above to swap in a different company.

THOMSON REUTERS CORP is the larger business by last-quarter revenue ($1.8B vs $975.0M, roughly 1.8× BREAD FINANCIAL HOLDINGS, INC.). On growth, BREAD FINANCIAL HOLDINGS, INC. posted the faster year-over-year revenue change (5.4% vs 2.6%).

Bread Financial Holdings, Inc. is an American publicly traded provider of private label credit cards, coalition loyalty programs, and direct marketing, derived from the capture and analysis of transaction-rich data.

The second and current incarnation of News Corporation, doing business as News Corp, is an American mass media and publishing company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, New York City. The company was formed on June 28, 2013, as a spin-off of the first News Corporation, whose legal successor was 21st Century Fox, which held its media and entertainment assets. Operating across digital real estate information, news media, book publishing, and cable television, New...

BFH vs TRI — Head-to-Head

Bigger by revenue
TRI
TRI
1.8× larger
TRI
$1.8B
$975.0M
BFH
Growing faster (revenue YoY)
BFH
BFH
+2.8% gap
BFH
5.4%
2.6%
TRI

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
BFH
BFH
TRI
TRI
Revenue
$975.0M
$1.8B
Net Profit
$313.0M
Gross Margin
Operating Margin
4.9%
24.4%
Net Margin
17.5%
Revenue YoY
5.4%
2.6%
Net Profit YoY
-62.8%
EPS (diluted)
$1.21
$0.69

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BFH
BFH
TRI
TRI
Q4 25
$975.0M
Q3 25
$971.0M
Q2 25
$929.0M
$1.8B
Q1 25
$970.0M
Q4 24
$925.0M
Q3 24
$983.0M
Q2 24
$939.0M
$1.7B
Q1 24
$991.0M
Net Profit
BFH
BFH
TRI
TRI
Q4 25
Q3 25
$188.0M
Q2 25
$139.0M
$313.0M
Q1 25
$138.0M
Q4 24
Q3 24
$2.0M
Q2 24
$133.0M
$841.0M
Q1 24
$134.0M
Operating Margin
BFH
BFH
TRI
TRI
Q4 25
4.9%
Q3 25
20.2%
Q2 25
18.7%
24.4%
Q1 25
20.3%
Q4 24
-2.9%
Q3 24
4.1%
Q2 24
19.2%
23.9%
Q1 24
19.0%
Net Margin
BFH
BFH
TRI
TRI
Q4 25
Q3 25
19.4%
Q2 25
15.0%
17.5%
Q1 25
14.2%
Q4 24
Q3 24
0.2%
Q2 24
14.2%
48.3%
Q1 24
13.5%
EPS (diluted)
BFH
BFH
TRI
TRI
Q4 25
$1.21
Q3 25
$3.96
Q2 25
$2.94
$0.69
Q1 25
$2.78
Q4 24
$0.08
Q3 24
$0.05
Q2 24
$2.66
$1.86
Q1 24
$2.70

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BFH
BFH
TRI
TRI
Cash + ST InvestmentsLiquidity on hand
$3.6B
$664.0M
Total DebtLower is stronger
$4.3B
Stockholders' EquityBook value
$3.3B
$12.6B
Total Assets
$22.7B
$18.0B
Debt / EquityLower = less leverage
1.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFH
BFH
TRI
TRI
Q4 25
$3.6B
Q3 25
$3.8B
Q2 25
$3.8B
$664.0M
Q1 25
$4.2B
Q4 24
$4.0B
Q3 24
$3.5B
Q2 24
$4.1B
$1.7B
Q1 24
$3.8B
Total Debt
BFH
BFH
TRI
TRI
Q4 25
$4.3B
Q3 25
$3.8B
Q2 25
$4.2B
Q1 25
$5.1B
Q4 24
$5.6B
Q3 24
$4.6B
Q2 24
Q1 24
Stockholders' Equity
BFH
BFH
TRI
TRI
Q4 25
$3.3B
Q3 25
$3.3B
Q2 25
$3.2B
$12.6B
Q1 25
$3.1B
Q4 24
$3.1B
Q3 24
$3.1B
Q2 24
$3.2B
$11.6B
Q1 24
$3.0B
Total Assets
BFH
BFH
TRI
TRI
Q4 25
$22.7B
Q3 25
$21.7B
Q2 25
$21.8B
$18.0B
Q1 25
$22.4B
Q4 24
$22.9B
Q3 24
$21.7B
Q2 24
$22.1B
$18.4B
Q1 24
$22.3B
Debt / Equity
BFH
BFH
TRI
TRI
Q4 25
1.29×
Q3 25
1.14×
Q2 25
1.34×
Q1 25
1.67×
Q4 24
1.82×
Q3 24
1.47×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BFH
BFH
TRI
TRI
Operating Cash FlowLast quarter
$568.0M
$746.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.38×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFH
BFH
TRI
TRI
Q4 25
$568.0M
Q3 25
$605.0M
Q2 25
$526.0M
$746.0M
Q1 25
$393.0M
Q4 24
$479.0M
Q3 24
$456.0M
Q2 24
$477.0M
$705.0M
Q1 24
$447.0M
Cash Conversion
BFH
BFH
TRI
TRI
Q4 25
Q3 25
3.22×
Q2 25
3.78×
2.38×
Q1 25
2.85×
Q4 24
Q3 24
228.00×
Q2 24
3.59×
0.84×
Q1 24
3.34×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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