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RELX PLC

RELX Industrials Specialty Business Services

RELX PLC’s revenue for fiscal 2025 (year ended December 2025) was $12.6 billion, up 4.90% from fiscal 2024.

41.41 0.33 +0.80%
Market cap
$71.9B
P/E
18.9×
Fwd P/E
—
Dividend yield
2.21%
F-score
7/9
Altman Z
3.89
Beneish M
−2.75
Dividend safety
60/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 9.61%

Capital & Financial Ratios $m

Size
Market Cap 71,940.00
Revenue ttm 21,202.46
Net income ttm 11,765.05
Free cash flow ttm 9,581.61
Net debt Q 11,657.48
Valuation
P/E 18.94
Forward P/E —
Price / sales 0.00
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.00
Financial health
Current ratio Q 0.45 (below 1: weak)
Debt / equity Q 7.10 (above 2: weak)
Interest coverage Q —
Growth
Revenue growth Q +20.81% (above 0%: growing)
Operating income growth Q —
EPS, this year +7.84%
EPS, next year A +10.96%
Revenue, next year A —
EPS, past 5 yrs +12.81%
EPS, next 5 yrs A +10.17%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 0.5×, against a ten-year median of 0.4×; over the ten years it ranged from 0.4× in 2024 to 0.5× in 2026.
P/E against its own 10 years 73.96%
10-year low 10-year high
EV/Sales against its own 10 years 100.00%
10-year low 10-year high
EV/FCF against its own 10 years 81.48%
10-year low 10-year high

Dividends raised 4 years running

Yield
2.21%
Annual rate
0.91
Payout ratio
—
Growth, 2018–26
+7.02%/yr
  1. 0.53 ’18
  2. 0.54 ’19 +2
  3. 0.58 ’20 +7
  4. 0.67 ’21 +16
  5. 0.62 ’22 −6
  6. 0.70 ’23 +11
  7. 0.77 ’24 +11
  8. 0.87 ’25 +12
  9. 0.91 ’26 +5
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 193 152 173 295
Receivables 2,890 3,209 3,255 3,142
Inventory 396 423 410 438
Other 97 45 66 38
3,575 3,829 3,903 3,912
2023 2024 2025 Q'26
Payables 4,940 5,268 5,628 5,376
ST’ Debt 1,633 1,804 2,072 3,145
Other 36 83 12 23
6,812 7,307 7,914 8,720

Compound Annual Growth %

10y 5y 3y
Sales 3.31% 6.73% 6.13%
Cash Flow 5.69% 12.78% 7.99%
Earnings 5.86% 11.62% 10.45%
Book Value (0.55%) 3.16% (12.12%)

EPS $

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 1.48
’24 — — — — 1.32
’23 — — — — 1.16
’22 — — — — 1.05
’21 — — — — 1.04
’20 — — — — 0.81
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 12,646
’24 — — — — 12,056
’23 — — — — 11,395
’22 — — — — 10,579
’21 — — — — 9,961
’20 — — — — 9,129
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — — — — 3,740
’24 — — — — 3,333
’23 — — — — 3,056
’22 — — — — 2,970
’21 — — — — 2,772
’20 — — — — 2,049
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — 1,566 — — —
’25 — 1,548 — 3,712 3,048
’24 — 1,295 — 3,307 2,714
’23 — 1,191 — 3,028 2,472
’22 — 1,156 — 2,925 2,431
’21 — 1,283 — 2,741 2,316
’20 — 954 — 1,994 1,584
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 9,345 9,479 10,000 10,054 9,129 9,961 10,579 11,395 12,056 12,646 21,202 +3.4% — — — —
Gross margin, % 63.92 64.23 64.71 65.01 65.02 64.63 64.40 64.89 65.02 66.29 60.78 +2.4 pt
EBT 1,996 2,235 2,296 2,358 1,904 2,471 2,614 2,855 3,268 3,626 5,221 +6.9%
EBT margin, % 21.36 23.58 22.96 23.46 20.86 24.81 24.70 25.05 27.10 28.68 24.63 +7.3 pt
Net income 2,315 2,455 2,622 2,683 1,958 2,591 2,873 3,336 3,656 3,992 11,765 +6.2%
Per share, $
Per share, $ Revenue 4.53 4.69 5.06 5.17 4.74 5.17 5.51 6.02 6.46 6.89 0.00 +4.8%
Earnings 0.81 1.06 0.96 0.99 0.82 1.05 1.05 1.17 1.32 1.48 2.19 +6.9%
Cash flow 1.11 1.18 1.34 1.37 1.06 1.44 1.55 1.62 1.79 2.04 0.00 +7.0%
Capex (0.22) (0.23) (0.24) (0.25) (0.24) (0.24) (0.28) (0.31) (0.33) (0.38) 0.00 +6.3%
Free cash flow 0.89 0.95 1.10 1.12 0.82 1.20 1.27 1.31 1.45 1.66 0.00 +7.2%
Book value 1.55 1.52 1.59 1.44 1.40 2.30 2.42 2.26 2.40 1.72 0.00 +1.2%
Shares, m 2,062 2,019 1,977 1,944 1,926 1,928 1,919 1,892 1,866 1,834 — (1.3%)
Valuation, ×
Valuation, × P/E 6.33 7.45 42.19 16.89 13.46 17.49 13.38 17.69 20.78 18.49 18.94 17.4
P/S 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
P/B 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.0
EV/Sales 0.00 0.00 0.00 0.00 0.46 0.43 0.39 0.37 0.39 0.44 0.55 0.2
EV/FCF 0.87 0.80 1.16 1.05 1.33 1.16 0.93 0.90 0.98 1.00 1.22 1.0
Cash, $m
Cash, $m Operating cash flow 2,280 2,382 2,650 2,667 2,049 2,772 2,970 3,056 3,333 3,740 10,919 +5.7%
Capex (450) (455) (478) (483) (465) (457) (539) (585) (619) (692) (1,338) +4.9%
Free cash flow 1,830 1,927 2,172 2,185 1,584 2,316 2,431 2,472 2,714 3,048 9,582 +5.8%
Balance, $m
Balance, $m Working capital (3,999) (3,051) (3,963) (4,472) (2,696) (1,913) (2,620) (3,237) (3,478) (4,010) (4,807) 0.0%
Net debt 6,344 6,154 8,344 8,014 9,033 8,325 7,911 7,889 8,211 9,410 11,657 +4.5%
Shareholders’ equity 3,196 3,060 3,149 2,796 2,698 4,433 4,643 4,278 4,478 3,152 1,684 (0.2%)
Returns, %
Returns, % ROA 8.95 12.62 11.00 10.59 8.79 10.87 10.46 11.62 13.04 14.04 0.00 +5.1 pt
ROIC 15.17 16.65 14.26 15.51 10.43 12.69 14.30 17.14 18.01 19.86 0.00 +4.7 pt
ROE 48.22 68.36 61.15 64.65 57.21 56.73 44.53 49.67 56.45 71.38 0.00 +23.2 pt
People
People Employees 31,200 31,000 32,100 33,200 33,200 33,500 35,700 36,500 36,400 37,000 — +1.9%
Revenue/emp, $m 0.30 0.31 0.31 0.30 0.27 0.30 0.30 0.31 0.33 0.34 — +1.5%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · fundamentals updated 26 Oct 2026

RELX PLC vs peers in Specialty Business Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CTAS Cintas Corporation $89.9B 44.1× 39.9× +10.88% (above 0%: growing) +12.50% (above 0%: growing) +48.72% (above 0%: growing) 51.54% 23.62% Compare
RELX RELX PLC $71.9B 18.9× — +20.81% (above 0%: growing) +23.32% (above 0%: growing) +20.95% (above 0%: growing) 61.32% 0.00%
CPRT Copart, Inc. $30.1B 20.8× 18.7× +2.43% (above 0%: growing) −14.63% (below 0%: shrinking) −26.98% (below 0%: shrinking) 41.78% 32.01% Compare
ULS UL Solutions Inc. $15.4B 29.6× 26.9× +5.11% (above 0%: growing) +15.84% (above 0%: growing) +41.28% (above 0%: growing) 51.40% 19.68% Compare
ARMK Aramark $13.3B 34.5× 29.8× +9.33% (above 0%: growing) +37.04% (above 0%: growing) +125.89% (above 0%: growing) 8.51% 4.26% Compare
RTO Rentokil Initial PLC $12.1B 70.5× 27.4× +66.96% (above 0%: growing) +6.36% (above 0%: growing) +7.92% (above 0%: growing) 13.59% 0.00% Compare
DLB Dolby Laboratories $6.1B 27.2× 20.0× −3.34% (below 0%: shrinking) −37.50% (below 0%: shrinking) +157.37% (above 0%: growing) 86.78% 11.25% Compare
AMTM Amentum Holdings, Inc. $5.2B 25.6× 21.0× −1.99% (below 0%: shrinking) +575.00% (above 0%: growing) +35.00% (above 0%: growing) 10.32% 4.93% Compare
UNF Unifirst Corporation $4.2B 38.5× 40.0× +4.97% (above 0%: growing) −13.79% (below 0%: shrinking) −31.08% (below 0%: shrinking) 37.38% 6.46% Compare
Median of peers $12.7B 32.0× 27.2× +5.04% +9.43% +38.14% 39.58% 8.86%

All 45 Specialty Business Services stocks →

RELX PLC (RELX) Latest News

4 Nov

Impact 3 · · MarketBeat

23 Oct

Impact 4 · · Simply Wall St.

22 Oct

Impact 4 · · Investing.com
Impact 4 · · MarketBeat
Impact 3 · · Business Wire

19 Oct

Impact 4 · · Business Wire

22 Sep

Impact 4 · · PR Newswire

18 Sep

Impact 3 ·

24 Aug

Impact 4 ·

23 Jul

Impact 3 · · MarketBeat transcript

23 Jun

Impact 4 · · Insider Monkey

16 Jun

Impact 3 ·

15 Jun

Impact 4 ·

11 Jun

Impact 4 ·

14 May

Impact 4 · · Insider Monkey

9 May

Impact 3 · · Simply Wall St.

7 May

Impact 4 · · PR Newswire

1 May

Impact 4 · · InvestorPlace

23 Apr

Impact 4 · · PR Newswire
Impact 3 · · Business Wire
Impact 3 · · Business Wire

20 Apr

Impact 3 ·

16 Apr

Impact 3 ·

8 Apr

Impact 3 · · PR Newswire

12 Mar

Impact 3 · · Insider Monkey

5 Mar

Impact 4 · · PR Newswire

24 Feb

Impact 3 · · PR Newswire

22 Feb

Impact 3 · · Insider Monkey

19 Feb

Impact 4 · · PR Newswire

18 Feb

Impact 4 · · PR Newswire

RELX metrics, ten years each

stockrow.com/RELX · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com