RELX Industrials

RELX PLC

$39.40-2.62%

Price as of close on Nov 3, 2026 · Financials updated Oct 1, 2026

Basics

Sector: Industrials
Industry: Specialty Business Services
Country: United Kingdom
Market cap: 68.5B USD
Enterprise value: 80.6B USD
Full-time employees: 37,000

Overall health

Drawback: higher risk than most peers: less short-term liquidity (current ratio 0.49 vs a peer median of 1.62) and more debt relative to equity (3.07× vs a peer median of 0.40×)higher risk: less liquidity (current ratio 0.49 vs peers 1.62) and more debt vs equity (3.07× vs peers 0.40×)
About average: growth and valuation

Ranks #1,203 of 2,308 industrials companies (bottom 48%)

See how it ranks against its peers

Worth knowing

Much more borrowing than peers. Debt is 3.1× equity vs a peer median of 0.4×.Debt is 3.1× equity vs peers 0.4×.
Debt is 3.1× shareholders' equity, against a peer median of 0.4×, among the highest 10% of its peer group.Debt is 3.1× shareholders' equity, vs peers 0.4×, among the highest 10% of its peer group.
Operating margin at a 6-year high. 32% in 2025, the best of the last 6 years.
RELX kept 32% of revenue as operating profit in 2025, its highest in the 6 years of filings we have.
Financials may be out of date. Latest financial period ended 10 months ago.
The latest financial period we have ended 10 months ago, so the scores may not reflect recent results.
Annual revenue rose 5 years in a row. Fiscal-year revenue rose from GBP 7.1B in 2020 to GBP 9.6B in 2025.
RELX's fiscal-year revenue rose in each of the five years to 2025, from GBP 7.1B to GBP 9.6B.

StockQuotient Score

50/ 100

Oct 5 52 → Nov 4 50 (-2)

Valuation

Is the price right?

48/100

Moderate

3/3 inputs reported · High confidence

Since last year: No major changeValuation also moves with the share price every day.

Why

Helped by:

▲ FCF yield

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield3.8%

SEC filings (IFRS mapped) · 12 months to Dec 2025 · GBP→USD at the current rateReported value30% base weight · Z-score 0.02Sector median: 0.0377 · MAD: 0.0294

EBITDA yield6.2%

SEC filings (IFRS mapped) · 12 months to Dec 2025 · GBP→USD at the current rateReported value50% base weight · Z-score -0.17Sector median: 0.0695 · MAD: 0.0425

Free cash flow yield5.2%

SEC filings (IFRS mapped) · 12 months to Dec 2025 · GBP→USD at the current rate · operating cash flow − capital spendingReported value20% base weight · Z-score 0.42Sector median: 0.0370 · MAD: 0.0370

Other data (not scored)

Book yield4.4%

SEC filings (IFRS mapped) · latest balance sheet · GBP→USD at the current rateOutlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.5027 · MAD: 0.2823

Growth

Is it growing?

45/100

Moderate

3/3 inputs reported · High confidence

Since last year: No major change

Why

Held back by:

▼ Revenue growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growth8.9%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported value33% base weight · Z-score 0.07Sector median: 0.0709 · MAD: 0.2481

3-year revenue growth3.9%

SEC filings (IFRS mapped) · 3 years to Dec 2025Reported value33% base weight · Z-score -0.05Sector median: 0.0421 · MAD: 0.0625

Revenue growth1.7%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported value33% base weight · Z-score -0.36Sector median: 0.0439 · MAD: 0.0766

Profitability

Does it earn well?

99/100

Strong

3/3 inputs reported · High confidence

Since last year: No major change

Why

Stronger than most peers on:

▲ Operating margin
▲ ROA
▲ ROIC

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin31.6%

SEC filings (IFRS mapped) · 12 months to Dec 2025Outlier capped at sector 5th/95th percentile33% base weight · Z-score 4.02Sector median: 0.0773 · MAD: 0.0507

Return on assets14.0%

SEC filings (IFRS mapped) · 12 months to Dec 2025Outlier capped at sector 5th/95th percentile33% base weight · Z-score 3.33Sector median: 0.0311 · MAD: 0.0241

Return on invested capital25.2%

SEC filings (IFRS mapped) · 12 months to Dec 2025Reported value33% base weight · Z-score 3.23Sector median: 0.0715 · MAD: 0.0558

Other data (not scored)

Gross margin66.3%

SEC filings (IFRS mapped) · 12 months to Dec 2025Outlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.2573 · MAD: 0.1038

Return on equity87.3%

SEC filings (IFRS mapped) · 12 months to Dec 2025Outlier capped at sector 5th/95th percentileInformational · 0% composite weightSector median: 0.0802 · MAD: 0.0639

Risk

Debt, liquidity, price swings

Higher

Higher relative risk

3/3 inputs reported · High confidence

Since last year: No major change

Why

Weaker than most peers on:

▼ Current ratio
▼ Debt / equity

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta0.27

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score 1.38Sector median: 0.6440 · MAD: 0.2745

Current ratio0.49×

SEC filings (IFRS mapped) · latest balance sheetOutlier capped at sector 5th/95th percentile33% base weight · Z-score -1.77Sector median: 1.6180 · MAD: 0.5360

Debt / equity3.07×

SEC filings (IFRS mapped) · latest balance sheetOutlier capped at sector 5th/95th percentile33% base weight · Z-score -6.37Sector median: 0.4019 · MAD: 0.3378

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about RELX

Is RELX getting weaker?: Its latest SEC filing (Feb 19, 2026) showed no major changes. Its overall score is unchanged at 50/100 since Oct 28, 2026.
How is RELX valued vs its peers?: Priced about in line with its peers. Valuation scores 48/100 against 2,459 industrials peers. Free cash flow yield 5.2% vs a peer median of 3.7% (stronger than 63% of peers).Free cash flow yield 5.2% vs peers 3.7% (stronger than 63% of peers).
Is RELX growing?: At about the same pace as its peers. Growth scores 45/100 against 2,459 industrials peers. Revenue growth 1.7% vs a peer median of 4.4% (weaker than 61% of peers).Revenue growth 1.7% vs peers 4.4% (weaker than 61% of peers).
How profitable is RELX?: More profitable than most of its peers. Profitability scores 99/100 against 2,459 industrials peers. Operating margin 31.6% vs a peer median of 7.7% (stronger than 95% of peers).Operating margin 31.6% vs peers 7.7% (stronger than 95% of peers).
How risky is RELX?: Higher risk relative to 2,459 industrials peers, judged on debt, liquidity and share-price swings. Beta 0.27 vs a peer median of 0.64 (stronger than 90% of peers).Beta 0.27 vs peers 0.64 (stronger than 90% of peers). Current ratio 0.49× vs a peer median of 1.62× (weaker than 100% of peers).Current ratio 0.49× vs peers 1.62× (weaker than 100% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Year ended Dec 31, 2025 · filed Feb 19, 2026 · compared with the year ended Dec 31, 2024

No major changes

	Previous year	Latest year	Change
Revenue (12 months)	9.4B GBP	9.6B GBP	+1.7%
Net income (12 months)	1.9B GBP	2.1B GBP	+6.8%
Operating margin	30.3%	31.6%	+1.2 pts
Free cash flow (12 months)	2.6B GBP	2.8B GBP	+8.8%
Debt	6.5B GBP	7.3B GBP	+11.0%
Cash	119.0M GBP	131.0M GBP	+10.1%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one year at a time.

Financials

Fiscal years from SEC annual filings · change vs the prior year · amounts in GBP, as reported

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Gross margin	64.6%	64.4%	64.9%	65.0%	66.3%	▲ 1.3 pts
Operating margin	26.0%	27.2%	29.3%	30.3%	31.6%	▲ 1.2 pts
Net margin	20.3%	19.1%	19.4%	20.5%	21.5%	▲ 1.0 pts
Return on assets (ROA)	10.6%	10.3%	11.9%	12.8%	14.0%	▲ 1.2 pts
Return on equity (ROE)	45.5%	43.3%	51.5%	55.6%	87.3%	▲ 32 pts
Free cash flow margin	27.4%	27.7%	26.5%	27.4%	29.4%	▲ 1.9 pts
Current ratio	0.63×	0.59×	0.52×	0.52×	0.49×	▼ 5.9%
Debt to equity	1.91×	1.78×	1.88×	1.88×	3.07×	▲ 63%
Interest coverage	12.56×	11.33×	8.30×	9.41×	10.16×	▲ 7.9%

RELX price history

Price history is added with the daily price update and will appear after the next one.

Similar companies

Sector leaderboards

One and one Green Technologies. IncYDDL95/ 100

Prored Partners CO.,LTD.7034.T94/ 100

Promotora y Operadora de Infraestructura, S. A. B. de C. V.PINFRA.MX93/ 100

Bringing the fundamentals into focus…

Overall health

Drawback: higher risk than most peers: less short-term liquidity (current ratio 0.49 vs a peer median of 1.62) and more debt relative to equity (3.07× vs a peer median of 0.40×)higher risk: less liquidity (current ratio 0.49 vs peers 1.62) and more debt vs equity (3.07× vs peers 0.40×)

About average: growth and valuation

Ranks #1,203 of 2,308 industrials companies (bottom 48%)

See how it ranks against its peers

Worth knowing

Much more borrowing than peers. Debt is 3.1× equity vs a peer median of 0.4×.Debt is 3.1× equity vs peers 0.4×.

Debt is 3.1× shareholders' equity, against a peer median of 0.4×, among the highest 10% of its peer group.Debt is 3.1× shareholders' equity, vs peers 0.4×, among the highest 10% of its peer group.

Operating margin at a 6-year high. 32% in 2025, the best of the last 6 years.

RELX kept 32% of revenue as operating profit in 2025, its highest in the 6 years of filings we have.

Financials may be out of date. Latest financial period ended 10 months ago.

The latest financial period we have ended 10 months ago, so the scores may not reflect recent results.

Annual revenue rose 5 years in a row. Fiscal-year revenue rose from GBP 7.1B in 2020 to GBP 9.6B in 2025.

RELX's fiscal-year revenue rose in each of the five years to 2025, from GBP 7.1B to GBP 9.6B.

Questions investors ask about RELX

Is RELX getting weaker?

Its latest SEC filing (Feb 19, 2026) showed no major changes. Its overall score is unchanged at 50/100 since Oct 28, 2026.

How is RELX valued vs its peers?

Priced about in line with its peers. Valuation scores 48/100 against 2,459 industrials peers. Free cash flow yield 5.2% vs a peer median of 3.7% (stronger than 63% of peers).Free cash flow yield 5.2% vs peers 3.7% (stronger than 63% of peers).

Is RELX growing?

At about the same pace as its peers. Growth scores 45/100 against 2,459 industrials peers. Revenue growth 1.7% vs a peer median of 4.4% (weaker than 61% of peers).Revenue growth 1.7% vs peers 4.4% (weaker than 61% of peers).

How profitable is RELX?

More profitable than most of its peers. Profitability scores 99/100 against 2,459 industrials peers. Operating margin 31.6% vs a peer median of 7.7% (stronger than 95% of peers).Operating margin 31.6% vs peers 7.7% (stronger than 95% of peers).

How risky is RELX?

Higher risk relative to 2,459 industrials peers, judged on debt, liquidity and share-price swings. Beta 0.27 vs a peer median of 0.64 (stronger than 90% of peers).Beta 0.27 vs peers 0.64 (stronger than 90% of peers). Current ratio 0.49× vs a peer median of 1.62× (weaker than 100% of peers).Current ratio 0.49× vs peers 1.62× (weaker than 100% of peers). A relative measure, not a bankruptcy probability.

Previous year

Latest year

Change

Revenue (12 months)

9.4B GBP

9.6B GBP

+1.7%

Net income (12 months)

1.9B GBP

2.1B GBP

+6.8%

Operating margin

30.3%

31.6%

+1.2 pts

Free cash flow (12 months)

2.6B GBP

2.8B GBP

+8.8%

Debt

6.5B GBP

7.3B GBP

+11.0%

Cash

119.0M GBP

131.0M GBP

+10.1%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Gross margin

64.6%

64.4%

64.9%

65.0%

66.3%

▲ 1.3 pts

Operating margin

26.0%

27.2%

29.3%

30.3%

31.6%

▲ 1.2 pts

Net margin

20.3%

19.1%

19.4%

20.5%

21.5%

▲ 1.0 pts

Return on assets (ROA)

10.6%

10.3%

11.9%

12.8%

14.0%

▲ 1.2 pts

Return on equity (ROE)

45.5%

43.3%

51.5%

55.6%

87.3%

▲ 32 pts

Free cash flow margin

27.4%

27.7%

26.5%

27.4%

29.4%

▲ 1.9 pts

Current ratio

0.63×

0.59×

0.52×

0.49×

▼ 5.9%

Debt to equity

1.91×

1.78×

1.88×

3.07×

▲ 63%

Interest coverage

12.56×

11.33×

8.30×

9.41×

10.16×

▲ 7.9%