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RELX · NYSE · United States · Services-Business Services, Nec
In shortRELX PLC is profitable, generates cash and carries heavy debt, with revenue stable (+1.7% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 31.6% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 21.5% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 70.6% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 23.7% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.49× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 3.07× | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.89× | 60/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 10.16× | 82/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 29.4% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.36× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 6.9% | 85/100 |
| Operating margin volatility | 2.3% | 88/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 3.9% | 38/100 |
|---|---|---|
| EPS growth, 3-year average | 9.8% | 74/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
GBP millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 7,244 | 8,553 | 9,161 | 9,434 | 9,590 |
| Cost of revenue | 2,562 | 3,045 | 3,216 | 3,300 | 3,233 |
| Gross profit | 4,682 | 5,508 | 5,945 | 6,134 | 6,357 |
| Operating income | 1,884 | 2,323 | 2,682 | 2,861 | 3,027 |
| Interest expense | 150 | 205 | 323 | 304 | 298 |
| Pre-tax income | 1,797 | 2,113 | 2,295 | 2,557 | 2,750 |
| Income tax | 326 | 481 | 507 | 613 | 672 |
| Net income | 1,471 | 1,634 | 1,781 | 1,934 | 2,065 |
| Diluted EPS | £0.76 | £0.85 | £0.94 | £1.03 | £1.12 |
| Diluted shares (millions) | 1,939 | 1,929 | 1,903 | 1,877 | 1,844 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice.
Latest annual report: Dec 31, 2025 · Data updated Feb 19, 2026