RELX financial statements
The full income statement, balance sheet, and cash-flow statement for RELX PLC PLC American Depositary Shares (Each representing One Ordinary Share) (RELX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 12.7B+5.0% | 12.1B+5.9% | 11.4B+8.0% | 10.5B+5.8% | 9.96B+9.2% | |
| 8.39B+7.1% | 7.84B+6.1% | 7.39B+8.8% | 6.79B+5.4% | 6.44B+8.6% | ||
| Cost of revenue | 4.27B+1.2% | 4.22B+5.5% | 4.00B+6.5% | 3.75B+6.5% | 3.52B+10.5% | |
| Operating income | 4.00B+9.3% | 3.66B+9.6% | 3.33B+16.4% | 2.86B+10.5% | 2.59B+32.5% | |
| Interest expense | 393M+1.3% | 388M-3.3% | 402M+58.9% | 253M+22.5% | 206M-8.1% | |
| Pre-tax income | 3.63B+11.1% | 3.27B+14.5% | 2.85B+9.5% | 2.61B+5.4% | 2.47B+29.9% | |
| Income tax | 887M+13.3% | 783M+24.3% | 630M+6.3% | 593M+32.3% | 448M+27.1% | |
| 2.74B+10.4% | 2.48B+11.8% | 2.22B+10.5% | 2.01B-0.6% | 2.02B+30.6% | ||
| Net income to common | 2.73B+10.3% | 2.47B+11.6% | 2.21B+9.9% | 2.01B-0.4% | 2.02B+28.9% | |
| $1.48+12.2% | $1.32+13.2% | $1.16+11.4% | $1.04+0.2% | $1.04+28.6% | ||
| EPS (basic) | $1.49+12.3% | $1.32+13.2% | $1.17+11.4% | $1.05+0.1% | $1.05+28.8% | |
| Weighted-avg shares (basic) | 1.83B-1.7% | 1.87B-1.4% | 1.89B-1.4% | 1.92B-0.5% | 1.93B+0.1% | |
| Weighted-avg shares (diluted) | 1.84B-1.8% | 1.88B-1.4% | 1.90B-1.4% | 1.93B-0.5% | 1.94B+0.1% | |
| Dividends per share | $0.86+11.0% | $0.77+10.3% | $0.70+10.3% | $0.63-3.2% | $0.66+11.9% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 3.99B+6.0% | 3.76B+2.7% | 3.66B-1.1% | 3.70B+16.3% | 3.18B+2.6% | ||
| Cash & equivalents | 176M+18.1% | 149M-24.3% | 197M-51.0% | 403M+164.0% | 153M+27.2% | |
| Accounts receivable | 3.32B+5.5% | 3.15B+6.5% | 2.96B+2.0% | 2.90B+9.6% | 2.65B+0.7% | |
| 19.9B+4.6% | 19.0B-0.0% | 19.0B-0.5% | 19.1B+2.0% | 18.7B-3.0% | ||
| Property, plant & equipment | 97.0M-5.8% | 103M-18.4% | 126M-17.0% | 152M-14.1% | 177M-19.9% | |
| Goodwill | 10.7B+3.6% | 10.3B+0.9% | 10.2B+1.0% | 10.1B+1.7% | 9.94B+1.0% | |
| Total non-current assets | 15.9B+4.3% | 15.2B-0.7% | 15.3B-0.3% | 15.4B-0.9% | 15.5B-4.1% | |
| 8.08B+12.6% | 7.18B+2.6% | 6.99B+11.8% | 6.25B+23.6% | 5.06B-15.1% | ||
| Short-term & current debt | — | — | — | — | 177M-84.7% | |
| Total liabilities | 16.7B+14.1% | 14.6B-0.2% | 14.6B+0.4% | 14.6B+1.4% | 14.4B-12.6% | |
| 3.19B-27.1% | 4.37B-0.9% | 4.41B-3.2% | 4.55B+4.3% | 4.36B+52.5% | ||
| Total equity incl. non-controlling | 3.22B-26.8% | 4.40B+0.4% | 4.38B-3.2% | 4.53B+4.0% | 4.35B+52.0% | |
| Common shares issued | 1.83B-2.8% | 1.88B-1.4% | 1.91B-1.4% | 1.93B-2.5% | 1.98B+0.1% | |
| Common shares outstanding | 1.82B-2.0% | 1.86B-1.4% | 1.88B-1.5% | 1.91B-1.0% | 1.93B+0.2% | |
| Shares outstanding (cover) | 1.82B-2.0% | 1.86B-1.4% | 1.88B-1.5% | 1.91B-1.0% | 1.93B+0.2% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 3.74B+12.3% | 3.33B+9.1% | 3.05B+3.2% | 2.96B+6.8% | 2.77B+35.4% | ||
| Depreciation & amortization | 993M-0.8% | 1.00B+1.4% | 987M+1.7% | 970M-10.1% | 1.08B-7.0% | |
| Capital expenditure | 27.7M+8.5% | 25.6M-31.5% | 37.3M-16.0% | 44.4M+15.2% | 38.5M-30.2% | |
| Free cash flow | 3.72B+12.4% | 3.31B+9.6% | 3.02B+3.5% | 2.92B+6.6% | 2.73B+37.3% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt issued | 1.49B+63.5% | 909M+12.3% | 809M+65.4% | 489M | 0.00-100.0% | |
| Long-term debt repaid | 820M-36.9% | 1.30B+23.4% | 1.05B+2340.3% | 43.2M-92.7% | 593M-62.5% | |
| Common stock issued | 55.4M-7.7% | 60.1M+17.8% | 51.0M+59.0% | 32.1M-27.2% | 44.0M+114.4% | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 1.38M-98.8% | |
| Dividends paid | 1.56B+8.8% | 1.43B+8.8% | 1.32B+8.6% | 1.21B-4.2% | 1.27B+12.1% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 73.5B-12.8% | 84.3B+11.3% | 75.7B+41.6% | 53.5B-15.0% | 62.9B+32.5% | |
| P/E | 26.8×-21.0% | 33.9×-9.8% | 37.6×+42.4% | 26.4×-15.0% | 31.1×+1.5% | |
| P/S | 5.8×-16.9% | 7.0×-2.6% | 7.2×+33.8% | 5.4×-15.0% | 6.3×+21.3% | |
| P/B | 23.1×+19.6% | 19.3×+16.0% | 16.6×+35.7% | 12.3×-15.0% | 14.4×-13.1% | |
| P/FCF | 19.8×-22.4% | 25.5×-1.9% | 26.0×+32.8% | 19.6×-15.0% | 23.0×-3.5% | |
| Earnings yield | 3.7%+26.6% | 2.9%+10.9% | 2.7%-29.8% | 3.8%+17.6% | 3.2%-1.4% | |
| FCF yield | 5.1%+28.8% | 3.9%+1.9% | 3.9%-24.7% | 5.1%+17.6% | 4.3%+3.6% | |
| Dividend yield | 2.1%+24.8% | 1.7%-3.7% | 1.8%-22.9% | 2.3%+13.8% | 2.0%-15.4% | |
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
About this data
Source: RELX’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all RELX filings on SEC EDGAR → Not investment advice.