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RELX PLC REN.AS

NL · Euronext Amsterdam · XAMS · stock · Industrials · website

RELX PLC statistics & valuation

Market cap£51.1B
P / E24.7×
P / S5.3×
P / B21.6×
P / FCF22.1×
Dividend yield2.31%
Net margin21.5%
Return on equity87.3%
FCF margin24.1%
Net debt£7.1B
Enterprise value USD$68.6B
Earnings yield EBIT/EV5.1%
Return on capital34.1%
Graham number -80%£5.85

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (£5.85); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
19.10% 19.40% 20.50% 21.50% 2022202320242025
Gross margin (%)
64.40% 64.90% 65.00% 66.30% 2022202320242025
Operating margin (%)
26.90% 28.80% 29.90% 31.10% 2022202320242025
Return on equity (%)
43.30% 51.50% 55.60% 87.30% 2022202320242025
Shares outstanding
1.74B 1.74B 1.74B 1.74B 2022202320242025
Net debt (£)
£6.40B £6.34B £6.42B £7.14B 2022202320242025
Share buybacks (£)
£500.0M £800.0M £1.00B £1.50B 2022202320242025
Return on assets (%)
10.30% 11.90% 12.80% 14.00% 2022202320242025
Free cash flow margin (%)
23.00% 21.60% 22.50% 24.10% 2022202320242025
Debt / equity (×)
1.78× 1.88× 1.88× 3.07× 2022202320242025
EPS (£)
£0.85 £0.94 £1.03 £1.12 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

RELX PLC trades at about 26.2× earnings — below its 10-year norm (10-year range 26.9×–46.7×, median 40.8×).

26.2× 46.7×

Shaded band = 10-year range (26.9×–46.7×); dot = today's 26.2×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin66.3%65.0%64.9%64.4%
Operating margin31.1%29.9%28.8%26.9%
Net margin21.5%20.5%19.4%19.1%
FCF margin24.1%22.5%21.6%23.0%
Return on assets14.0%12.8%11.9%10.3%
Return on equity87.3%55.6%51.5%43.3%
Debt / equity2.38×1.46×1.47×1.52×
Current ratio0.490.520.520.59

Computed from company filings · NL · as of 2025-12-31. Figures in GBP. Facts plus Stocktoria's own computed scores — not investment advice.