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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. Revenue growth for five consecutive years, operating cash flow growth for five.

39.06 0.64 +1.67%

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Market cap: $66.7B
P/E: 17.9×
Fwd P/E: —
Dividend yield: 2.34%
F-score: 7/9
Altman Z: 3.89
Beneish M: −2.75
Dividend safety: 60/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 9.61%

Capital & Financial Ratios $m

Market Cap 66,730.00

Revenue 21,202.46

Net Income 11,765.05

Free Cash Flow 9,581.61

Net Debt 11,657.48

Current Ratio 0.45

Debt/Equity 7.10

P/E ratio 17.87

Fwd P/E —

P/S ratio 0.00

P/B ratio 0.00

Past 5Y EPS Growth 12.81%

This Y EPS Growth 7.20%

Next Y EPS Growth 11.09%

Next Y revenue growth —

Next 5Y EPS Growth 10.10%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 70.77%

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 81.39%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate 0.91

Annual Dividend Yield 2.34%

	total	individual payouts
2026	0.91	0.63 0.28
2025	0.87	0.60 0.26
2024	0.77	0.53 0.24
2023	0.70	0.48 0.21
2022	0.62	0.44 0.18
2021	0.67	0.47 0.20
2020	0.58	0.40 0.18
2019	0.54	0.38 0.16
2018	0.53	0.37 0.16
2017	0.48	0.33 0.15
2016	0.46	0.32 0.13

special payouts not included in total or ratios

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%)

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.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	—	1.48
’24	—	—	—	—	1.32
’23	—	—	—	—	1.01
’22	—	—	—	—	1.05
’21	—	—	—	—	1.04
’20	—	—	—	—	0.81

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	16.18	17.64	19.23	20.31	16.81	23.37	23.39	27.57	38.48	39.31	Analyst estimates 2026–2028 Powerpack
	High	19.84	24.03	23.77	25.32	27.26	32.71	32.34	40.03	48.91	56.33
People
People	Employees	31,200	31,000	32,100	33,200	33,200	33,500	35,700	36,500	36,400	37,000
	Revenue/emp, $m	0.30	0.31	0.31	0.30	0.27	0.30	0.30	0.31	0.33	0.34
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
	Gross margin, %	63.92	64.23	64.71	65.01	65.02	64.63	64.40	64.89	65.02	66.29
	EBT	1,996	2,235	2,296	2,358	1,904	2,471	2,614	2,855	3,268	3,626
	EBT margin, %	21.36	23.58	22.96	23.46	20.86	24.81	24.70	25.05	27.10	28.68
	Net income	2,315	2,455	2,622	2,683	1,958	2,591	2,873	3,336	3,656	3,992
	Depreciation	812	754	869	872	1,082	996	971	986	1,001	992
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
	Earnings	0.81	1.06	0.96	0.99	0.82	1.05	1.05	1.02	1.32	1.48
	Cash flow	1.11	1.18	1.34	1.37	1.06	1.44	1.55	1.62	1.79	2.04
	Capex	(0.22)	(0.23)	(0.24)	(0.25)	(0.24)	(0.24)	(0.28)	(0.31)	(0.33)	(0.38)
	Free cash flow	0.89	0.95	1.10	1.12	0.82	1.20	1.27	1.31	1.45	1.66
	Book value	1.55	1.52	1.59	1.44	1.40	2.30	2.42	2.26	2.40	1.72
	Shares, m	2,062	2,019	1,977	1,944	1,926	1,928	1,919	1,892	1,866	1,834
Valuation, ×
Valuation, ×	P/E	6.33	7.45	42.19	16.89	13.46	17.49	13.38	17.69	20.78	18.49
	P/S	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/B	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	EV/Sales	0.00	0.00	0.00	0.00	0.46	0.43	0.39	0.37	0.39	0.44
	EV/FCF	0.87	0.80	1.16	1.05	1.33	1.16	0.93	0.90	0.98	1.00
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
	Capex	(450)	(455)	(478)	(483)	(465)	(457)	(539)	(585)	(619)	(692)
	Free cash flow	1,830	1,927	2,172	2,185	1,584	2,316	2,431	2,472	2,714	3,048
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)
	Total debt	6,564	6,297	8,496	8,190	9,146	8,480	8,324	8,082	8,363	9,583
	Net debt	6,344	6,154	8,344	8,014	9,033	8,325	7,911	7,889	8,211	9,410
	Shareholders’ equity	3,196	3,060	3,149	2,796	2,698	4,433	4,643	4,278	4,478	3,152
Returns, %
Returns, %	ROA	8.95	12.62	11.00	10.59	8.79	10.87	10.46	11.62	13.04	14.04
	ROIC	15.17	16.65	14.26	15.51	10.43	12.69	14.30	17.14	18.01	19.86
	ROE	48.22	68.36	61.15	64.65	57.21	56.73	44.53	49.67	56.45	71.38

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025

Charts ten years each

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	$84.6B	41.7×	33.1×	+10.88% (above 0%: growing)	+12.50% (above 0%: growing)	+48.72% (above 0%: growing)	51.54%	23.62%	Compare
RELX RELX PLC	$66.7B	17.9×	—	+20.81% (above 0%: growing)	+23.32% (above 0%: growing)	+20.95% (above 0%: growing)	61.32%	0.00%
CPRT Copart, Inc.	$25.7B	17.9×	18.5×	+2.43% (above 0%: growing)	−14.63% (below 0%: shrinking)	−26.98% (below 0%: shrinking)	41.78%	32.01%	Compare
ULS UL Solutions Inc.	$15.0B	29.2×	45.9×	+5.15% (above 0%: growing)	+171.11% (above 0%: growing)	−13.33% (below 0%: shrinking)	51.10%	18.38%	Compare
ARMK Aramark	$14.5B	37.9×	29.0×	+9.33% (above 0%: growing)	+37.04% (above 0%: growing)	+125.89% (above 0%: growing)	8.51%	4.26%	Compare
RTO Rentokil Initial PLC	$10.5B	61.8×	29.4×	+66.96% (above 0%: growing)	+6.36% (above 0%: growing)	+7.92% (above 0%: growing)	13.59%	0.00%	Compare
DLB Dolby Laboratories	$5.7B	25.2×	16.5×	−3.34% (below 0%: shrinking)	−37.50% (below 0%: shrinking)	+157.37% (above 0%: growing)	86.78%	11.25%	Compare
AMTM Amentum Holdings, Inc.	$4.7B	23.5×	21.9×	−1.99% (below 0%: shrinking)	+575.00% (above 0%: growing)	+35.00% (above 0%: growing)	10.32%	4.93%	Compare
UNF Unifirst Corporation	$4.6B	39.7×	39.4×	+3.87% (above 0%: growing)	−48.20% (below 0%: shrinking)	−21.68% (below 0%: shrinking)	37.00%	3.63%	Compare
Median of peers	$12.5B	33.5×	29.2×	+4.51%	+9.43%	+21.46%	39.39%	8.09%

All 44 Specialty Business Services stocks →

RELX PLC (RELX) key facts

Strength: RELX PLC’s revenue for fiscal 2025 (year ended December 2025) was $12.6 billion, up 4.90% from fiscal 2024.
RELX PLC (RELX) is a Specialty Business Services company in the Industrials sector, traded in the US as an ADR.
As of October 16, 2026, RELX traded at $39.06, a market capitalization of $66.7 billion.
RELX PLC pays an annual dividend of $0.91 per share, a yield of 2.34%.
Return on equity was 71.4% and debt-to-equity 7.10.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 3.89 (safe zone) for fiscal 2025.