Thomson Reuters (TRI) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -16.1% | -12.2% | -6.7% | +6.3% | -9.6% | -5.9% | — | — | — | — | — | — |
| 2025 | +4.9% | +6.7% | -3.4% | +7.6% | +7.2% | +1.2% | -0.1% | -11.3% | -12.5% | -1.5% | -11.1% | -2.6% |
| 2024 | +1.6% | +6.5% | -1.2% | -3.0% | +14.3% | -2.1% | -3.9% | +6.1% | -0.3% | -4.1% | -0.3% | -1.4% |
| 2023 | +4.3% | +2.1% | +7.5% | +1.1% | -2.9% | +5.9% | +0.2% | -4.4% | -5.0% | -2.0% | +17.1% | +4.5% |
| 2022 | -10.3% | -5.5% | +7.7% | -8.2% | -0.5% | +5.2% | +7.7% | -1.6% | -6.7% | +3.6% | +11.2% | -3.1% |
| 2021 | -0.4% | +6.5% | +1.2% | +5.9% | +6.1% | +1.4% | +6.7% | +10.7% | -5.5% | +8.9% | -0.3% | +0.0% |
| 2020 | +12.2% | -7.3% | -8.4% | +3.9% | -3.9% | +0.9% | +2.8% | +9.9% | +4.4% | -2.4% | +2.4% | +3.2% |
| 2019 | +8.3% | +3.9% | +9.5% | +4.5% | +3.6% | +1.2% | +4.2% | +2.8% | -2.6% | +0.6% | +5.4% | +1.5% |
| 2018 | -0.6% | -8.3% | -1.9% | +4.1% | -2.7% | +3.9% | +2.7% | +8.4% | +2.6% | +2.0% | +8.2% | -4.0% |
| 2017 | +2.4% | -5.7% | +2.2% | +5.1% | -3.2% | +6.0% | -0.8% | +0.2% | +0.4% | +2.1% | -5.2% | -1.1% |
| 2016 | -1.2% | -1.3% | +10.6% | +1.6% | +3.0% | -3.9% | +4.2% | -0.7% | -0.3% | -4.8% | +10.5% | +1.3% |
| 2015 | -4.8% | +3.1% | +3.3% | +1.3% | -2.0% | -4.7% | +6.3% | -3.3% | +3.7% | +1.9% | -0.9% | -6.2% |
| 2014 | -4.7% | -3.9% | -0.4% | +5.8% | -3.3% | +4.8% | +4.0% | +1.0% | -3.9% | +2.2% | +7.2% | +1.9% |
| 2013 | +5.4% | +0.8% | +6.2% | +3.1% | +0.6% | -2.5% | +4.4% | -2.5% | +6.4% | +7.3% | +0.3% | +1.2% |
| 2012 | +3.1% | +6.6% | -0.3% | +3.2% | -6.9% | +3.6% | -0.5% | +1.5% | +1.4% | -2.1% | -1.5% | +5.5% |
| 2011 | +7.3% | -0.7% | -0.5% | +3.1% | -3.0% | -3.6% | -8.4% | -9.4% | -12.6% | +9.7% | -7.9% | -1.5% |
| 2010 | +3.5% | +4.0% | +5.3% | -1.2% | -0.9% | +1.5% | +4.5% | -6.3% | +7.8% | +2.0% | -4.3% | +2.5% |
| 2009 | -16.3% | +1.4% | +3.8% | +12.0% | +8.7% | -4.4% | +10.6% | -0.9% | +5.3% | -5.8% | +1.0% | +1.7% |
| 2008 | -12.8% | -5.7% | +0.8% | +13.0% | -2.8% | -11.9% | +0.1% | +5.0% | -18.9% | -13.9% | +6.5% | +17.8% |
| 2007 | +1.5% | -3.5% | +2.9% | +6.0% | -3.3% | -3.2% | +1.4% | +2.3% | -0.9% | +12.7% | -17.2% | +4.7% |
| 2006 | +3.8% | +7.1% | -2.3% | +6.8% | +5.3% | -7.9% | +2.4% | +2.6% | +0.2% | +2.5% | +3.9% | -3.0% |
| 2005 | -3.5% | +0.3% | -1.9% | -0.8% | +2.9% | -0.7% | +3.9% | +7.3% | +0.6% | -9.3% | +4.0% | -1.8% |
| 2004 | -8.4% | -3.1% | -3.5% | +3.1% | +3.2% | +2.4% | +2.2% | -3.1% | +5.3% | +0.0% | +0.7% | +1.4% |
| 2003 | -0.4% | +2.7% | -3.6% | +13.5% | +3.5% | +3.6% | -4.7% | +0.5% | +0.8% | +8.2% | +2.9% | +8.3% |
| 2002 | — | — | — | — | — | — | -13.4% | +0.3% | -8.7% | +11.4% | -3.1% | +0.1% |
| Avg | -0.9% | -0.2% | +1.1% | +4.1% | +0.6% | -0.1% | +1.5% | +0.6% | -1.6% | +1.2% | +1.2% | +1.3% |
| Median | +0.6% | +0.5% | +0.2% | +4.0% | -0.7% | +1.2% | +2.5% | +0.4% | -0.0% | +1.9% | +0.9% | +1.3% |
| Last 5Y Avg | -3.1% | -0.5% | +0.8% | +0.8% | +1.7% | +2.3% | +2.1% | -0.1% | -6.0% | +1.0% | +3.3% | -0.5% |
| Std Dev (σ) | 7.5% | 5.4% | 4.9% | 4.9% | 5.4% | 4.6% | 5.2% | 5.6% | 6.6% | 6.4% | 7.4% | 4.8% |
| Consistency (μ/σ) | -0.12 | -0.04 | 0.23 | 0.84 | 0.10 | -0.03 | 0.29 | 0.11 | -0.24 | 0.19 | 0.17 | 0.27 |
| Win Rate (%) | 50% | 54% | 50% | 83% | 46% | 57% | 71% | 58% | 50% | 58% | 58% | 63% |
| Winning / Losing Months | ▲12▼12 | ▲13▼11 | ▲12▼12 | ▲20▼4 | ▲11▼13 | ▲13▼10 | ▲17▼7 | ▲14▼10 | ▲12▼12 | ▲14▼10 | ▲14▼10 | ▲15▼9 |
| Longest Win / Loss Streak | ▲4▼3 | ▲3▼3 | ▲4▼4 | ▲11▼1 | ▲4▼3 | ▲7▼5 | ▲7▼2 | ▲5▼3 | ▲4▼5 | ▲3▼3 | ▲4▼3 | ▲4▼2 |
| Best | +12.2%in January 2020 | +7.1%in February 2006 | +10.6%in March 2016 | +13.5%in April 2003 | +14.3%in May 2024 | +6.0%in June 2017 | +10.6%in July 2009 | +10.7%in August 2021 | +7.8%in September 2010 | +12.7%in October 2007 | +17.1%in November 2023 | +17.8%in December 2008 |
| Worst | -16.3%in January 2009 | -12.2%in February 2026 | -8.4%in March 2020 | -8.2%in April 2022 | -9.6%in May 2026 | -11.9%in June 2008 | -13.4%in July 2002 | -11.3%in August 2025 | -18.9%in September 2008 | -13.9%in October 2008 | -17.2%in November 2007 | -6.2%in December 2015 |
−18.9%+17.8%
2026
Jan-16.1%
Feb-12.2%
Mar-6.7%
Apr+6.3%
May-9.6%
Jun-5.9%
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan+4.9%
Feb+6.7%
Mar-3.4%
Apr+7.6%
May+7.2%
Jun+1.2%
Jul-0.1%
Aug-11.3%
Sep-12.5%
Oct-1.5%
Nov-11.1%
Dec-2.6%
2024
Jan+1.6%
Feb+6.5%
Mar-1.2%
Apr-3.0%
May+14.3%
Jun-2.1%
Jul-3.9%
Aug+6.1%
Sep-0.3%
Oct-4.1%
Nov-0.3%
Dec-1.4%
2023
Jan+4.3%
Feb+2.1%
Mar+7.5%
Apr+1.1%
May-2.9%
Jun+5.9%
Jul+0.2%
Aug-4.4%
Sep-5.0%
Oct-2.0%
Nov+17.1%
Dec+4.5%
2022
Jan-10.3%
Feb-5.5%
Mar+7.7%
Apr-8.2%
May-0.5%
Jun+5.2%
Jul+7.7%
Aug-1.6%
Sep-6.7%
Oct+3.6%
Nov+11.2%
Dec-3.1%
2021
Jan-0.4%
Feb+6.5%
Mar+1.2%
Apr+5.9%
May+6.1%
Jun+1.4%
Jul+6.7%
Aug+10.7%
Sep-5.5%
Oct+8.9%
Nov-0.3%
Dec+0.0%
2020
Jan+12.2%
Feb-7.3%
Mar-8.4%
Apr+3.9%
May-3.9%
Jun+0.9%
Jul+2.8%
Aug+9.9%
Sep+4.4%
Oct-2.4%
Nov+2.4%
Dec+3.2%
2019
Jan+8.3%
Feb+3.9%
Mar+9.5%
Apr+4.5%
May+3.6%
Jun+1.2%
Jul+4.2%
Aug+2.8%
Sep-2.6%
Oct+0.6%
Nov+5.4%
Dec+1.5%
2018
Jan-0.6%
Feb-8.3%
Mar-1.9%
Apr+4.1%
May-2.7%
Jun+3.9%
Jul+2.7%
Aug+8.4%
Sep+2.6%
Oct+2.0%
Nov+8.2%
Dec-4.0%
2017
Jan+2.4%
Feb-5.7%
Mar+2.2%
Apr+5.1%
May-3.2%
Jun+6.0%
Jul-0.8%
Aug+0.2%
Sep+0.4%
Oct+2.1%
Nov-5.2%
Dec-1.1%
2016
Jan-1.2%
Feb-1.3%
Mar+10.6%
Apr+1.6%
May+3.0%
Jun-3.9%
Jul+4.2%
Aug-0.7%
Sep-0.3%
Oct-4.8%
Nov+10.5%
Dec+1.3%
2015
Jan-4.8%
Feb+3.1%
Mar+3.3%
Apr+1.3%
May-2.0%
Jun-4.7%
Jul+6.3%
Aug-3.3%
Sep+3.7%
Oct+1.9%
Nov-0.9%
Dec-6.2%
2014
Jan-4.7%
Feb-3.9%
Mar-0.4%
Apr+5.8%
May-3.3%
Jun+4.8%
Jul+4.0%
Aug+1.0%
Sep-3.9%
Oct+2.2%
Nov+7.2%
Dec+1.9%
2013
Jan+5.4%
Feb+0.8%
Mar+6.2%
Apr+3.1%
May+0.6%
Jun-2.5%
Jul+4.4%
Aug-2.5%
Sep+6.4%
Oct+7.3%
Nov+0.3%
Dec+1.2%
2012
Jan+3.1%
Feb+6.6%
Mar-0.3%
Apr+3.2%
May-6.9%
Jun+3.6%
Jul-0.5%
Aug+1.5%
Sep+1.4%
Oct-2.1%
Nov-1.5%
Dec+5.5%
2011
Jan+7.3%
Feb-0.7%
Mar-0.5%
Apr+3.1%
May-3.0%
Jun-3.6%
Jul-8.4%
Aug-9.4%
Sep-12.6%
Oct+9.7%
Nov-7.9%
Dec-1.5%
2010
Jan+3.5%
Feb+4.0%
Mar+5.3%
Apr-1.2%
May-0.9%
Jun+1.5%
Jul+4.5%
Aug-6.3%
Sep+7.8%
Oct+2.0%
Nov-4.3%
Dec+2.5%
2009
Jan-16.3%
Feb+1.4%
Mar+3.8%
Apr+12.0%
May+8.7%
Jun-4.4%
Jul+10.6%
Aug-0.9%
Sep+5.3%
Oct-5.8%
Nov+1.0%
Dec+1.7%
2008
Jan-12.8%
Feb-5.7%
Mar+0.8%
Apr+13.0%
May-2.8%
Jun-11.9%
Jul+0.1%
Aug+5.0%
Sep-18.9%
Oct-13.9%
Nov+6.5%
Dec+17.8%
2007
Jan+1.5%
Feb-3.5%
Mar+2.9%
Apr+6.0%
May-3.3%
Jun-3.2%
Jul+1.4%
Aug+2.3%
Sep-0.9%
Oct+12.7%
Nov-17.2%
Dec+4.7%
2006
Jan+3.8%
Feb+7.1%
Mar-2.3%
Apr+6.8%
May+5.3%
Jun-7.9%
Jul+2.4%
Aug+2.6%
Sep+0.2%
Oct+2.5%
Nov+3.9%
Dec-3.0%
2005
Jan-3.5%
Feb+0.3%
Mar-1.9%
Apr-0.8%
May+2.9%
Jun-0.7%
Jul+3.9%
Aug+7.3%
Sep+0.6%
Oct-9.3%
Nov+4.0%
Dec-1.8%
2004
Jan-8.4%
Feb-3.1%
Mar-3.5%
Apr+3.1%
May+3.2%
Jun+2.4%
Jul+2.2%
Aug-3.1%
Sep+5.3%
Oct+0.0%
Nov+0.7%
Dec+1.4%
2003
Jan-0.4%
Feb+2.7%
Mar-3.6%
Apr+13.5%
May+3.5%
Jun+3.6%
Jul-4.7%
Aug+0.5%
Sep+0.8%
Oct+8.2%
Nov+2.9%
Dec+8.3%
2002
Jan—
Feb—
Mar—
Apr—
May—
Jun—
Jul-13.4%
Aug+0.3%
Sep-8.7%
Oct+11.4%
Nov-3.1%
Dec+0.1%
Avg
Jan-0.9%
Feb-0.2%
Mar+1.1%
Apr+4.1%
May+0.6%
Jun-0.1%
Jul+1.5%
Aug+0.6%
Sep-1.6%
Oct+1.2%
Nov+1.2%
Dec+1.3%
Median
Jan+0.6%
Feb+0.5%
Mar+0.2%
Apr+4.0%
May-0.7%
Jun+1.2%
Jul+2.5%
Aug+0.4%
Sep-0.0%
Oct+1.9%
Nov+0.9%
Dec+1.3%
Last 5Y Avg
Jan-3.1%
Feb-0.5%
Mar+0.8%
Apr+0.8%
May+1.7%
Jun+2.3%
Jul+2.1%
Aug-0.1%
Sep-6.0%
Oct+1.0%
Nov+3.3%
Dec-0.5%
Std Dev (σ)
Jan7.5%
Feb5.4%
Mar4.9%
Apr4.9%
May5.4%
Jun4.6%
Jul5.2%
Aug5.6%
Sep6.6%
Oct6.4%
Nov7.4%
Dec4.8%
Consistency (μ/σ)
Jan-0.12
Feb-0.04
Mar0.23
Apr0.84
May0.10
Jun-0.03
Jul0.29
Aug0.11
Sep-0.24
Oct0.19
Nov0.17
Dec0.27
Win Rate (%)
Jan50%
Feb54%
Mar50%
Apr83%
May46%
Jun57%
Jul71%
Aug58%
Sep50%
Oct58%
Nov58%
Dec63%
Winning / Losing Months
Jan▲12▼12
Feb▲13▼11
Mar▲12▼12
Apr▲20▼4
May▲11▼13
Jun▲13▼10
Jul▲17▼7
Aug▲14▼10
Sep▲12▼12
Oct▲14▼10
Nov▲14▼10
Dec▲15▼9
Longest Win / Loss Streak
Jan▲4▼3
Feb▲3▼3
Mar▲4▼4
Apr▲11▼1
May▲4▼3
Jun▲7▼5
Jul▲7▼2
Aug▲5▼3
Sep▲4▼5
Oct▲3▼3
Nov▲4▼3
Dec▲4▼2
Best
Jan+12.2%2020
Feb+7.1%2006
Mar+10.6%2016
Apr+13.5%2003
May+14.3%2024
Jun+6.0%2017
Jul+10.6%2009
Aug+10.7%2021
Sep+7.8%2010
Oct+12.7%2007
Nov+17.1%2023
Dec+17.8%2008
Worst
Jan-16.3%2009
Feb-12.2%2026
Mar-8.4%2020
Apr-8.2%2022
May-9.6%2026
Jun-11.9%2008
Jul-13.4%2002
Aug-11.3%2025
Sep-18.9%2008
Oct-13.9%2008
Nov-17.2%2007
Dec-6.2%2015
−18.9%+17.8%
Frequently asked questions
Data & methodology
Thomson Reuters (TRI) Key Financials
Charts, filings, and peer comparison for every metric
Income Statement
Balance Sheet
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
Overview
Income Statement