{
  "ticker": {
    "uuid": "99a37a02-a494-4052-af70-591a89e43830",
    "symbol": "TRI",
    "name": "Thomson Reuters Corporation",
    "exchange": "TOR",
    "exchange_name": "Toronto Stock Exchange",
    "country": "CA",
    "currency": "CAD",
    "sector": "Industrials",
    "industry": "Specialty Business Services",
    "page_url": "https://sharemaestro.com/factors/ticker/99a37a02-a494-4052-af70-591a89e43830/",
    "api_url": "https://sharemaestro.com/factors/api/tickers/99a37a02-a494-4052-af70-591a89e43830/"
  },
  "latest_snapshot": {
    "ticker": {
      "uuid": "99a37a02-a494-4052-af70-591a89e43830",
      "symbol": "TRI",
      "name": "Thomson Reuters Corporation",
      "exchange": "TOR",
      "exchange_name": "Toronto Stock Exchange",
      "country": "CA",
      "currency": "CAD",
      "sector": "Industrials",
      "industry": "Specialty Business Services",
      "page_url": "https://sharemaestro.com/factors/ticker/99a37a02-a494-4052-af70-591a89e43830/",
      "api_url": "https://sharemaestro.com/factors/api/tickers/99a37a02-a494-4052-af70-591a89e43830/"
    },
    "week_end_date": "2026-07-26",
    "universe": "CAD_CA",
    "score": {
      "os": 0.1,
      "value": 0.09,
      "quality": 0.83,
      "momentum": 0.01,
      "coverage": 0.939,
      "confidence": 0.9,
      "delta": 0
    },
    "headline_factors": {
      "price": 127.04,
      "market_cap": 55457893852.48,
      "pe_ratio": 36.3182,
      "earnings_yield": 0.0357,
      "ebitda_to_ev": 0.0547,
      "shareholder_yield": 0.0653,
      "roe": 0.1293,
      "piotroski_f_score": 7,
      "momentum_12_1": -0.5565,
      "volatility_252d": 0.4623
    },
    "strategy_flags": {
      "market_leader": false,
      "cornerstone_value": false,
      "cornerstone_growth": false,
      "tiny_titan": false,
      "all_cap_buyback": false,
      "small_cap_core": false,
      "veiled_value": false,
      "earnings_consistent_5y": true
    },
    "factor_groups": {
      "valuation": {
        "pe_ratio": 36.3182,
        "ev_ebitda": 18.2908,
        "earnings_yield": 0.0357,
        "fcf_yield": 0.036,
        "shareholder_yield": 0.0653
      },
      "quality": {
        "roe": 0.1293,
        "roic": 0.1112,
        "gross_margin": 0.7581,
        "fcf_margin": 0.2704,
        "piotroski_f_score": 7
      },
      "growth": {
        "revenue_growth_1y": 0.03,
        "eps_growth_1y": -0.3127,
        "fcf_growth_1y": 0.0903
      },
      "momentum": {
        "price_return_12m": -0.5267,
        "momentum_12_1": -0.5565,
        "relative_strength": -0.8131
      },
      "scores": {
        "value_percentile": 0.09,
        "quality_percentile": 0.83,
        "momentum_percentile": 0.01,
        "growth_composite": 88,
        "yield_composite": 13,
        "overall_composite": 90,
        "os_score": 0.1,
        "factor_coverage": 0.939,
        "signal_confidence": 0.9
      }
    }
  },
  "factor_history": [
    {
      "week_end_date": "2026-06-07",
      "price": 120.12,
      "os": 0.11,
      "value": 0.09,
      "quality": 0.87,
      "momentum": 0.01,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 34.3399,
      "earnings_yield": 0.0376,
      "shareholder_yield": 0.069,
      "roe": 0.1293,
      "momentum_12_1": -0.5098
    },
    {
      "week_end_date": "2026-06-14",
      "price": 114.09,
      "os": 0.11,
      "value": 0.11,
      "quality": 0.87,
      "momentum": 0.01,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 32.6161,
      "earnings_yield": 0.0395,
      "shareholder_yield": 0.0727,
      "roe": 0.1293,
      "momentum_12_1": -0.5561
    },
    {
      "week_end_date": "2026-06-21",
      "price": 113.95,
      "os": 0.12,
      "value": 0.12,
      "quality": 0.86,
      "momentum": 0.01,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 32.576,
      "earnings_yield": 0.0396,
      "shareholder_yield": 0.0728,
      "roe": 0.1293,
      "momentum_12_1": -0.5371
    },
    {
      "week_end_date": "2026-06-28",
      "price": 119.04,
      "os": 0.1,
      "value": 0.09,
      "quality": 0.85,
      "momentum": 0.01,
      "confidence": 0.939,
      "coverage": 0.939,
      "pe_ratio": 34.0312,
      "earnings_yield": 0.038,
      "shareholder_yield": 0.0697,
      "roe": 0.1293,
      "momentum_12_1": -0.542
    },
    {
      "week_end_date": "2026-07-05",
      "price": 124.88,
      "os": 0.11,
      "value": 0.09,
      "quality": 0.86,
      "momentum": 0.01,
      "confidence": 0.931,
      "coverage": 0.939,
      "pe_ratio": 35.7007,
      "earnings_yield": 0.0363,
      "shareholder_yield": 0.0664,
      "roe": 0.1293,
      "momentum_12_1": -0.5409
    },
    {
      "week_end_date": "2026-07-12",
      "price": 126.67,
      "os": 0.1,
      "value": 0.09,
      "quality": 0.83,
      "momentum": 0.01,
      "confidence": 0.92,
      "coverage": 0.939,
      "pe_ratio": 36.2124,
      "earnings_yield": 0.0358,
      "shareholder_yield": 0.0655,
      "roe": 0.1293,
      "momentum_12_1": -0.5649
    },
    {
      "week_end_date": "2026-07-19",
      "price": 134.68,
      "os": 0.1,
      "value": 0.07,
      "quality": 0.83,
      "momentum": 0.01,
      "confidence": 0.91,
      "coverage": 0.939,
      "pe_ratio": 38.5023,
      "earnings_yield": 0.0337,
      "shareholder_yield": 0.0616,
      "roe": 0.1293,
      "momentum_12_1": -0.5877
    },
    {
      "week_end_date": "2026-07-26",
      "price": 127.04,
      "os": 0.1,
      "value": 0.09,
      "quality": 0.83,
      "momentum": 0.01,
      "confidence": 0.9,
      "coverage": 0.939,
      "pe_ratio": 36.3182,
      "earnings_yield": 0.0357,
      "shareholder_yield": 0.0653,
      "roe": 0.1293,
      "momentum_12_1": -0.5565
    }
  ],
  "financial_periods": {
    "annual": [
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 7476000000,
          "cost_of_revenue": 1809000000,
          "gross_profit": 5667000000,
          "ebit": 1989000000,
          "ebitda": 3047000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 1502000000,
          "net_income_to_common": 1502000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 371000000,
          "total_current_assets": 2228000000,
          "total_assets": 17940000000,
          "short_term_debt": 795000000,
          "long_term_debt": 1328000000,
          "total_debt": 2372000000,
          "total_liabilities": null,
          "total_equity": 11914000000,
          "shares_outstanding": 438092269,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 2651000000,
          "capital_expenditure": -634000000,
          "free_cash_flow": 2017000000,
          "dividends_paid": -1035000000,
          "share_repurchases": -1000000000,
          "shares_issued": null,
          "net_debt_issued": -1063000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 7476000000,
          "cost_of_revenue": 1809000000,
          "gross_profit": 5667000000,
          "ebit": 1989000000,
          "ebitda": 3047000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 1502000000,
          "net_income_to_common": 1502000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 371000000,
          "total_current_assets": 2228000000,
          "total_assets": 17940000000,
          "short_term_debt": 795000000,
          "long_term_debt": 1328000000,
          "total_debt": 2372000000,
          "total_liabilities": null,
          "total_equity": 11914000000,
          "shares_outstanding": 438092269,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 2651000000,
          "capital_expenditure": -634000000,
          "free_cash_flow": 2017000000,
          "dividends_paid": -1035000000,
          "share_repurchases": -1000000000,
          "shares_issued": null,
          "net_debt_issued": -1063000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 7476000000,
          "cost_of_revenue": 1809000000,
          "gross_profit": 5667000000,
          "ebit": 1989000000,
          "ebitda": 3047000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 1502000000,
          "net_income_to_common": 1502000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 371000000,
          "total_current_assets": 2228000000,
          "total_assets": 17940000000,
          "short_term_debt": 795000000,
          "long_term_debt": 1328000000,
          "total_debt": 2372000000,
          "total_liabilities": null,
          "total_equity": 11914000000,
          "shares_outstanding": 438092269,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 2651000000,
          "capital_expenditure": -634000000,
          "free_cash_flow": 2017000000,
          "dividends_paid": -1035000000,
          "share_repurchases": -1000000000,
          "shares_issued": null,
          "net_debt_issued": -1063000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 7476000000,
          "cost_of_revenue": 1809000000,
          "gross_profit": 5667000000,
          "ebit": 1989000000,
          "ebitda": 3047000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 1502000000,
          "net_income_to_common": 1502000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 371000000,
          "total_current_assets": 2228000000,
          "total_assets": 17940000000,
          "short_term_debt": 795000000,
          "long_term_debt": 1328000000,
          "total_debt": 2372000000,
          "total_liabilities": null,
          "total_equity": 11914000000,
          "shares_outstanding": 438092269,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 2651000000,
          "capital_expenditure": -634000000,
          "free_cash_flow": 2017000000,
          "dividends_paid": -1035000000,
          "share_repurchases": -1000000000,
          "shares_issued": null,
          "net_debt_issued": -1063000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 7476000000,
          "cost_of_revenue": 1809000000,
          "gross_profit": 5667000000,
          "ebit": 1989000000,
          "ebitda": 3047000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 1502000000,
          "net_income_to_common": 1502000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 371000000,
          "total_current_assets": 2228000000,
          "total_assets": 17940000000,
          "short_term_debt": 795000000,
          "long_term_debt": 1328000000,
          "total_debt": 2372000000,
          "total_liabilities": null,
          "total_equity": 11914000000,
          "shares_outstanding": 438092269,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 2651000000,
          "capital_expenditure": -634000000,
          "free_cash_flow": 2017000000,
          "dividends_paid": -1035000000,
          "share_repurchases": -1000000000,
          "shares_issued": null,
          "net_debt_issued": -1063000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 7476000000,
          "cost_of_revenue": 1809000000,
          "gross_profit": 5667000000,
          "ebit": 1989000000,
          "ebitda": 3047000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 1502000000,
          "net_income_to_common": 1502000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 371000000,
          "total_current_assets": 2228000000,
          "total_assets": 17940000000,
          "short_term_debt": 795000000,
          "long_term_debt": 1328000000,
          "total_debt": 2372000000,
          "total_liabilities": null,
          "total_equity": 11914000000,
          "shares_outstanding": 438092269,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 2651000000,
          "capital_expenditure": -634000000,
          "free_cash_flow": 2017000000,
          "dividends_paid": -1035000000,
          "share_repurchases": -1000000000,
          "shares_issued": null,
          "net_debt_issued": -1063000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 7476000000,
          "cost_of_revenue": 1809000000,
          "gross_profit": 5667000000,
          "ebit": 1989000000,
          "ebitda": 3047000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 1502000000,
          "net_income_to_common": 1502000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 371000000,
          "total_current_assets": 2228000000,
          "total_assets": 17940000000,
          "short_term_debt": 795000000,
          "long_term_debt": 1328000000,
          "total_debt": 2372000000,
          "total_liabilities": null,
          "total_equity": 11914000000,
          "shares_outstanding": 438092269,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 2651000000,
          "capital_expenditure": -634000000,
          "free_cash_flow": 2017000000,
          "dividends_paid": -1035000000,
          "share_repurchases": -1000000000,
          "shares_issued": null,
          "net_debt_issued": -1063000000
        }
      },
      {
        "period_end_date": "2024-12-31",
        "period_type": "annual",
        "fiscal_year": 2024,
        "fiscal_quarter": null,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 7258000000,
          "cost_of_revenue": 1791000000,
          "gross_profit": 5467000000,
          "ebit": 1896000000,
          "ebitda": 3052000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 2210000000,
          "net_income_to_common": 2210000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1853000000,
          "total_current_assets": 3490000000,
          "total_assets": 18437000000,
          "short_term_debt": 973000000,
          "long_term_debt": 1847000000,
          "total_debt": 3076000000,
          "total_liabilities": null,
          "total_equity": 12006000000,
          "shares_outstanding": 443062323,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 2457000000,
          "capital_expenditure": -607000000,
          "free_cash_flow": 1850000000,
          "dividends_paid": -944000000,
          "share_repurchases": -639000000,
          "shares_issued": null,
          "net_debt_issued": -353000000
        }
      }
    ],
    "quarterly": [
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2087000000,
          "cost_of_revenue": 493000000,
          "gross_profit": 1594000000,
          "ebit": 636000000,
          "ebitda": 898000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 459000000,
          "net_income_to_common": 459000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 400000000,
          "total_current_assets": 2133000000,
          "total_assets": 17944000000,
          "short_term_debt": 1120000000,
          "long_term_debt": 1328000000,
          "total_debt": 2448000000,
          "total_liabilities": null,
          "total_equity": 11812000000,
          "shares_outstanding": 436123090,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 505000000,
          "capital_expenditure": -156000000,
          "free_cash_flow": 349000000,
          "dividends_paid": -280000000,
          "share_repurchases": -262000000,
          "shares_issued": null,
          "net_debt_issued": -16000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2087000000,
          "cost_of_revenue": 493000000,
          "gross_profit": 1594000000,
          "ebit": 636000000,
          "ebitda": 898000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 459000000,
          "net_income_to_common": 459000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 400000000,
          "total_current_assets": 2133000000,
          "total_assets": 17944000000,
          "short_term_debt": 1120000000,
          "long_term_debt": 1328000000,
          "total_debt": 2448000000,
          "total_liabilities": null,
          "total_equity": 11812000000,
          "shares_outstanding": 436123090,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 505000000,
          "capital_expenditure": -156000000,
          "free_cash_flow": 349000000,
          "dividends_paid": -280000000,
          "share_repurchases": -262000000,
          "shares_issued": null,
          "net_debt_issued": -16000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2087000000,
          "cost_of_revenue": 493000000,
          "gross_profit": 1594000000,
          "ebit": 636000000,
          "ebitda": 898000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 459000000,
          "net_income_to_common": 459000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 400000000,
          "total_current_assets": 2133000000,
          "total_assets": 17944000000,
          "short_term_debt": 1120000000,
          "long_term_debt": 1328000000,
          "total_debt": 2448000000,
          "total_liabilities": null,
          "total_equity": 11812000000,
          "shares_outstanding": 436123090,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 505000000,
          "capital_expenditure": -156000000,
          "free_cash_flow": 349000000,
          "dividends_paid": -280000000,
          "share_repurchases": -262000000,
          "shares_issued": null,
          "net_debt_issued": -16000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2087000000,
          "cost_of_revenue": 493000000,
          "gross_profit": 1594000000,
          "ebit": 636000000,
          "ebitda": 898000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 459000000,
          "net_income_to_common": 459000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 400000000,
          "total_current_assets": 2133000000,
          "total_assets": 17944000000,
          "short_term_debt": 1120000000,
          "long_term_debt": 1328000000,
          "total_debt": 2448000000,
          "total_liabilities": null,
          "total_equity": 11812000000,
          "shares_outstanding": 436123090,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 505000000,
          "capital_expenditure": -156000000,
          "free_cash_flow": 349000000,
          "dividends_paid": -280000000,
          "share_repurchases": -262000000,
          "shares_issued": null,
          "net_debt_issued": -16000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2087000000,
          "cost_of_revenue": 493000000,
          "gross_profit": 1594000000,
          "ebit": 636000000,
          "ebitda": 898000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 459000000,
          "net_income_to_common": 459000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 400000000,
          "total_current_assets": 2133000000,
          "total_assets": 17944000000,
          "short_term_debt": 1120000000,
          "long_term_debt": 1328000000,
          "total_debt": 2448000000,
          "total_liabilities": null,
          "total_equity": 11812000000,
          "shares_outstanding": 436123090,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 505000000,
          "capital_expenditure": -156000000,
          "free_cash_flow": 349000000,
          "dividends_paid": -280000000,
          "share_repurchases": -262000000,
          "shares_issued": null,
          "net_debt_issued": -16000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2087000000,
          "cost_of_revenue": 493000000,
          "gross_profit": 1594000000,
          "ebit": 636000000,
          "ebitda": 898000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 459000000,
          "net_income_to_common": 459000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 400000000,
          "total_current_assets": 2133000000,
          "total_assets": 17944000000,
          "short_term_debt": 1120000000,
          "long_term_debt": 1328000000,
          "total_debt": 2448000000,
          "total_liabilities": null,
          "total_equity": 11812000000,
          "shares_outstanding": 436123090,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 505000000,
          "capital_expenditure": -156000000,
          "free_cash_flow": 349000000,
          "dividends_paid": -280000000,
          "share_repurchases": -262000000,
          "shares_issued": null,
          "net_debt_issued": -16000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2087000000,
          "cost_of_revenue": 493000000,
          "gross_profit": 1594000000,
          "ebit": 636000000,
          "ebitda": 898000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 459000000,
          "net_income_to_common": 459000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 400000000,
          "total_current_assets": 2133000000,
          "total_assets": 17944000000,
          "short_term_debt": 1120000000,
          "long_term_debt": 1328000000,
          "total_debt": 2448000000,
          "total_liabilities": null,
          "total_equity": 11812000000,
          "shares_outstanding": 436123090,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 505000000,
          "capital_expenditure": -156000000,
          "free_cash_flow": 349000000,
          "dividends_paid": -280000000,
          "share_repurchases": -262000000,
          "shares_issued": null,
          "net_debt_issued": -16000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2009000000,
          "cost_of_revenue": 493000000,
          "gross_profit": 1516000000,
          "ebit": 378000000,
          "ebitda": 777000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 332000000,
          "net_income_to_common": 332000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 371000000,
          "total_current_assets": 2228000000,
          "total_assets": 17940000000,
          "short_term_debt": 795000000,
          "long_term_debt": 1328000000,
          "total_debt": 2372000000,
          "total_liabilities": null,
          "total_equity": 11914000000,
          "shares_outstanding": 438092269,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 756000000,
          "capital_expenditure": -158000000,
          "free_cash_flow": 598000000,
          "dividends_paid": -256000000,
          "share_repurchases": -330000000,
          "shares_issued": null,
          "net_debt_issued": -16000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2009000000,
          "cost_of_revenue": 493000000,
          "gross_profit": 1516000000,
          "ebit": 378000000,
          "ebitda": 777000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 332000000,
          "net_income_to_common": 332000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 371000000,
          "total_current_assets": 2228000000,
          "total_assets": 17940000000,
          "short_term_debt": 795000000,
          "long_term_debt": 1328000000,
          "total_debt": 2372000000,
          "total_liabilities": null,
          "total_equity": 11914000000,
          "shares_outstanding": 438092269,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 756000000,
          "capital_expenditure": -158000000,
          "free_cash_flow": 598000000,
          "dividends_paid": -256000000,
          "share_repurchases": -330000000,
          "shares_issued": null,
          "net_debt_issued": -16000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2009000000,
          "cost_of_revenue": 493000000,
          "gross_profit": 1516000000,
          "ebit": 378000000,
          "ebitda": 777000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 332000000,
          "net_income_to_common": 332000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 371000000,
          "total_current_assets": 2228000000,
          "total_assets": 17940000000,
          "short_term_debt": 795000000,
          "long_term_debt": 1328000000,
          "total_debt": 2372000000,
          "total_liabilities": null,
          "total_equity": 11914000000,
          "shares_outstanding": 438092269,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 756000000,
          "capital_expenditure": -158000000,
          "free_cash_flow": 598000000,
          "dividends_paid": -256000000,
          "share_repurchases": -330000000,
          "shares_issued": null,
          "net_debt_issued": -16000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2009000000,
          "cost_of_revenue": 493000000,
          "gross_profit": 1516000000,
          "ebit": 378000000,
          "ebitda": 777000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 332000000,
          "net_income_to_common": 332000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 371000000,
          "total_current_assets": 2228000000,
          "total_assets": 17940000000,
          "short_term_debt": 795000000,
          "long_term_debt": 1328000000,
          "total_debt": 2372000000,
          "total_liabilities": null,
          "total_equity": 11914000000,
          "shares_outstanding": 438092269,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 756000000,
          "capital_expenditure": -158000000,
          "free_cash_flow": 598000000,
          "dividends_paid": -256000000,
          "share_repurchases": -330000000,
          "shares_issued": null,
          "net_debt_issued": -16000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "CAD",
        "is_restated": false,
        "income_statement": {
          "revenue": 2009000000,
          "cost_of_revenue": 493000000,
          "gross_profit": 1516000000,
          "ebit": 378000000,
          "ebitda": 777000000,
          "pretax_income": null,
          "tax_provision": null,
          "net_income": 332000000,
          "net_income_to_common": 332000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 371000000,
          "total_current_assets": 2228000000,
          "total_assets": 17940000000,
          "short_term_debt": 795000000,
          "long_term_debt": 1328000000,
          "total_debt": 2372000000,
          "total_liabilities": null,
          "total_equity": 11914000000,
          "shares_outstanding": 438092269,
          "goodwill_and_intangibles": null
        },
        "cash_flow": {
          "operating_cash_flow": 756000000,
          "capital_expenditure": -158000000,
          "free_cash_flow": 598000000,
          "dividends_paid": -256000000,
          "share_repurchases": -330000000,
          "shares_issued": null,
          "net_debt_issued": -16000000
        }
      }
    ]
  },
  "strategy_matches": [
    {
      "key": "ebitda_ev",
      "name": "EBITDA/EV Value",
      "slug": "ebitda-ev",
      "group": "value",
      "page_url": "/factors/ebitda-ev/"
    },
    {
      "key": "sector_relative",
      "name": "Cheapest in Sector",
      "slug": "sector-relative",
      "group": "value",
      "page_url": "/factors/sector-relative/"
    },
    {
      "key": "capital_allocators",
      "name": "Capital Allocators",
      "slug": "capital-allocators",
      "group": "quality",
      "page_url": "/factors/capital-allocators/"
    },
    {
      "key": "risk_adj_momentum",
      "name": "Risk-Adjusted Momentum",
      "slug": "risk-adj-momentum",
      "group": "momentum",
      "page_url": "/factors/risk-adj-momentum/"
    },
    {
      "key": "shareholder_yield",
      "name": "Shareholder Yield",
      "slug": "shareholder-yield",
      "group": "income",
      "page_url": "/factors/shareholder-yield/"
    }
  ],
  "coverage": {
    "factor_history_points": 8,
    "annual_financial_periods": 8,
    "quarterly_financial_periods": 12,
    "latest_factor_week": "2026-07-26",
    "latest_financials_period_end": "2026-03-31"
  },
  "schema": {
    "public_fields_only": true
  }
}