Industrials · Specialty Business Services
Price
$32.44
Market Cap
$56.8B
Employees
34,580
Beta
0.26
Avg Volume
2,679,026
CEO
Erik Engstrom
RELX Plc is a global enterprise that delivers data-driven analytical solutions and strategic decision-making instruments to professional and corporate clients across North America, Europe, and other international markets. Its operations are structured into four distinct divisions: Risk, Scientific, Technical & Medical (STM), Legal, and Exhibitions. The Risk division specializes in providing advanced analytical platforms and decision support systems. These tools leverage a blend of publicly available and industry-specific data, integrated with sophisticated technology and algorithms, to help clients assess and forecast potential risks. Through its Scientific, Technical & Medical unit, RELX furnishes crucial information and analytical insights designed to foster scientific advancement and improve healthcare outcomes for institutions and practitioners alike. The Legal sector provides comprehensive legal, regulatory, and commercial intelligence, alongside analytical capabilities, enabling clients to make informed choices and enhance their operational efficiency. Finally, the Exhibitions division manages a portfolio of events, merging in-person interactions with data-driven and digital resources. This approach assists attendees in exploring market trends, identifying products, and facilitating business transactions. Established in 1903, the company, originally named Reed Elsevier PLC, adopted its current identity, RELX PLC, in July 2015. Its global headquarters are situated in London, United Kingdom.
Runs with full report
Price Overview
Last updated: Jul 12, 2026 6:01am (just now)
Current data · timestamped when a report runs
$32.44
Change · Jul 12
+0.37 (+1.15%)
Day Range
$32.33 – $32.87
52-Week Range
$27.57 – $54.03
50-Day MA
$33.17
200-Day MA
$37.41
Volume
2,487,610.00
Analyst Price Targets
Low
$24.00
Consensus
$26.00
High
$28.00
(2 analysts)
Share Structure
Outstanding
1,750,288,953.00
Float
1,750,238,194.00
Free Float
100.0%
High free float
— 100.0% of shares trade freely, ~0% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
21.29
Stock Price: $32.44
EPS (Diluted): 1.13
EPS (Diluted): 1.13
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
23.30
Stock Price: $32.44
Total Equity: $2.36B
Shares: 1,843,500,000
Total Equity: $2.36B
Shares: 1,843,500,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
13.43
Market Cap: $56.78B
Total Debt: $7.25B
Cash: $130.77M
EBITDA: $3.72B
Total Debt: $7.25B
Cash: $130.77M
EBITDA: $3.72B
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$62.2B
Market Cap: $56.78B
Total Debt: $7.25B
Cash: $130.77M
Total Debt: $7.25B
Cash: $130.77M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
66.3%
Gross Profit: $6.36B
Revenue: $9.59B
Revenue: $9.59B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
31.1%
Operating Income: $2.98B
Revenue: $9.59B
Revenue: $9.59B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
21.5%
Net Income: $2.07B
Revenue: $9.59B
Revenue: $9.59B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
90.8%
Net Income: $2.07B
Total Equity: $2.36B
Total Equity: $2.36B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
21.7%
Operating Income: $2.98B
Tax Rate: 24.4%
Equity: $2.36B
Total Debt: $7.25B
Cash: $130.77M
Tax Rate: 24.4%
Equity: $2.36B
Total Debt: $7.25B
Cash: $130.77M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
0.49
Current Assets: $2.95B
Current Liabilities: $5.98B
Current Liabilities: $5.98B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
3.07
Short-Term Debt: $1.57B
Long-Term Debt: $5.69B
Total Debt: $7.25B
Total Equity: $2.36B
Long-Term Debt: $5.69B
Total Debt: $7.25B
Total Equity: $2.36B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$5.20
Revenue: $9.59B
Shares: 1,843,500,000
Shares: 1,843,500,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$1.28
Total Equity: $2.36B
Shares: 1,843,500,000
Shares: 1,843,500,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$1.53
Operating CF: $2.84B
CapEx: -$21.00M
Shares: 1,843,500,000
CapEx: -$21.00M
Shares: 1,843,500,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
2.1%
Last Dividend: N/A
Stock Price: $32.44
Stock Price: $32.44
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $2.07B
Net Income: $2.07B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares RELX against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jul 12, 2026 6:01am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $7.2B | $8.6B | $9.2B | $9.4B | $9.6B |
| Cost of Revenue | $2.6B | $3.0B | $3.2B | $3.3B | $3.2B |
| Gross Profit | $4.7B | $5.5B | $5.9B | $6.1B | $6.4B |
| Operating Expenses | $2.8B | $3.2B | $3.3B | $3.3B | $3.3B |
| Operating Income | $1.9B | $2.3B | $2.7B | $2.9B | $3.0B |
| Net Income | $1.5B | $1.6B | $1.8B | $1.9B | $2.1B |
| EBITDA | $2.6B | $3.1B | $3.3B | $3.1B | $3.7B |
| EPS | $0.76 | $0.85 | $0.94 | $1.03 | $1.13 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jul 12, 2026 6:01am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $113.0M | $334.0M | $155.0M | $119.0M | $130.8M |
| Total Current Assets | $2.4B | $3.1B | $2.9B | $3.0B | $3.0B |
| Total Assets | $13.9B | $15.8B | $14.9B | $15.1B | $14.7B |
| Current Liabilities | $3.7B | $5.2B | $5.5B | $5.7B | $6.0B |
| Long-Term Debt | $5.8B | $5.7B | $5.1B | $5.1B | $5.7B |
| Total Liabilities | $10.6B | $12.1B | $11.5B | $11.6B | $12.3B |
| Total Equity | $3.2B | $3.8B | $3.5B | $3.5B | $2.4B |
| Retained Earnings | $0 | $0 | $0 | $0 | $0 |
Cash Flow (Annual)
Last updated: Jul 12, 2026 6:01am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $2.0B | $2.4B | $2.5B | $2.6B | $2.8B |
| Capital Expenditure | -$337.0M | -$436.0M | -$477.0M | -$20.0M | -$21.0M |
| Free Cash Flow | $1.7B | $2.0B | $2.0B | $2.6B | $2.8B |
| Acquisitions (net) | -$64.0M | -$390.0M | -$112.0M | -$170.0M | -$256.3M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$1.0M | -$550.0M | -$800.0M | -$1.0B | -$1.5B |
| Net Change in Cash | $25.0M | $221.0M | -$179.0M | -$36.0M | $12.0M |
Analyst Estimates (Annual)
Last updated: Jul 12, 2026 6:01am (just now)| Metric | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| Revenue |
$10.0B $9.9B – $10.1B
|
$10.7B $10.5B – $10.7B
|
$11.4B $11.3B – $11.5B
|
$12.0B $11.9B – $12.1B
|
| EBITDA |
$4.0B $3.9B – $4.0B
|
$4.2B $4.2B – $4.3B
|
$4.5B $4.5B – $4.6B
|
$4.8B $4.7B – $4.8B
|
| Net Income |
$2.6B $2.5B – $2.6B
|
$2.9B $2.8B – $2.9B
|
$3.2B $3.2B – $3.2B
|
$3.3B $3.3B – $3.4B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jul 12, 2026 6:01am (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +18.1% | +7.1% | +3.0% | +1.7% |
| Gross Profit Growth | +17.6% | +7.9% | +3.2% | +3.6% |
| Operating Income Growth | +23.3% | +15.5% | +6.7% | +4.3% |
| Net Income Growth | +11.1% | +9.0% | +8.6% | +6.8% |
| EBITDA Growth | +15.7% | +8.2% | -5.5% | +18.7% |
Dividend History (Last 20)
Last updated: Jul 12, 2026 6:01am (just now)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-05-08 | $0.63 | 2026-02-12 | 2026-05-08 | 2026-06-24 |
| 2025-08-08 | $0.26 | 2025-07-24 | 2025-08-08 | 2025-09-16 |
| 2025-05-09 | $0.60 | 2025-02-13 | 2025-05-09 | 2025-06-25 |
| 2024-08-02 | $0.24 | 2024-07-23 | 2024-08-02 | 2024-09-10 |
| 2024-05-02 | $0.53 | 2024-02-15 | 2024-05-03 | 2024-06-18 |
| 2023-08-03 | $0.21 | 2023-07-25 | 2023-08-04 | 2023-09-12 |
| 2023-04-27 | $0.48 | 2023-02-16 | 2023-04-28 | 2023-06-12 |
| 2022-08-04 | $0.19 | 2022-07-25 | 2022-08-05 | 2022-09-13 |
| 2022-04-28 | $0.48 | 2022-02-11 | 2022-04-29 | 2022-06-10 |
| 2021-08-05 | $0.20 | 2021-07-30 | 2021-08-06 | 2021-09-13 |
| 2021-04-29 | $0.47 | 2021-02-23 | 2021-04-30 | 2021-06-08 |
| 2020-07-31 | $0.17 | 2020-07-23 | 2020-08-03 | 2020-09-08 |
| 2020-04-24 | $0.42 | 2020-02-13 | 2020-04-27 | 2020-06-02 |
| 2019-08-01 | $0.17 | 2019-07-25 | 2019-08-02 | 2019-09-05 |
| 2019-05-02 | $0.39 | 2019-02-21 | 2019-05-03 | 2019-06-07 |
| 2018-08-02 | $0.32 | 2018-07-19 | 2018-08-03 | 2018-08-29 |
| 2018-04-26 | $0.74 | 2018-02-20 | 2018-04-27 | 2018-05-25 |
| 2017-08-02 | $0.31 | 2017-07-17 | 2017-08-04 | 2017-08-30 |
| 2017-04-26 | $0.67 | 2017-03-01 | 2017-04-28 | 2017-05-25 |
| 2016-08-03 | $0.27 | 2016-06-10 | 2016-08-05 | 2016-08-31 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for RELX — it's generated by the pipeline (
market-narrative step).
No community reviews yet for RELX.
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My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.412 · e3f7f8b4 · 2026-07-11 21:24:02