Dashboard Market News Pricing Contact Us
Search 100,000+ stocks...
English EN
Deutsch DE Español ES
Sign Up
Log in
Relx PLC banner

Relx PLC
XMUN:RDEB

Watchlist Manager
Relx PLC Logo
Relx PLC
XMUN:RDEB
Watchlist
Price: 29.98 EUR 0.47%
Market Cap: €37.2B
Write Note Create Alert Ask AI
Financial profile · Q2 FY2026

A recurring information platform combining steady growth with rising operating leverage

RELX has delivered sustained revenue growth and expanding operating profitability across the multi-year record, showing operating leverage in a scalable information-and-analytics model. It also produces substantial operating cash with contained capital spending, allowing recurring shareholder distributions while acquisitions and debt remain meaningful uses of capital.

What is developing

The latest comparable period extends the established pattern: revenue rose modestly while operating income grew faster and free cash flow remained positive. Reported net income and EPS accelerated more sharply because lower net interest expense and a positive non-recurring item supplemented operating growth, so the underlying model appears reinforced rather than fundamentally changed.

What matters next

Whether operating cash flow growth catches up with the higher capitalised-development spending base while cash conversion remains stable.

GBP
Metric FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Revenue
6.9B 7.3B 7.5B 7.9B 7.1B 7.2B 8.6B 9.2B 9.4B 9.6B
Cost of Revenue
(2.5B) (2.6B) (2.6B) (2.8B) (2.5B) (2.6B) (3B) (3.2B) (3.3B) (3.2B)
Gross Profit
4.4B 4.7B 4.8B 5.1B 4.6B 4.7B 5.5B 5.9B 6.1B 6.4B
Operating Expenses
(2.7B) (2.8B) (2.9B) (3.1B) (2.9B) (2.8B) (3.2B) (3.3B) (3.3B) (3.4B)
Selling, General & Administrative
(2.4B) (2.5B) (2.6B) (2.8B) (2.6B) (2.6B) (3B) (3B) (3.1B) (3.1B)
Depreciation & Amortization
(342m) (313m) (287m) (294m) (311m) (242m) (252m) (279m) (258m) (248m)
Operating Income
1.7B 1.9B 1.9B 2.1B 1.8B 1.9B 2.3B 2.6B 2.8B 3B
Net Interest Income (Expense)
(162m) (147m) (170m) (251m) (146m) (104m) (177m) (268m) (254m) (245m)
Interest Expense
194m 181m 197m 301m 151m 125m 182m 300m 281m 273m
Non-Recurring Items
(36m) 15m (33m) 51m (118m) 42m (10m) (72m) (6m) 9m
Total Other Income
(14m) (15m) (9m) (13m) (11m) (9m) (5m) (1m) (1m) 3m
Pre-Tax Income
1.5B 1.7B 1.7B 1.8B 1.5B 1.8B 2.1B 2.3B 2.6B 2.8B
Tax Provision
(302m) (411m) (300m) (332m) (261m) (326m) (481m) (507m) (613m) (672m)
Income from Continuing Operations
1.2B 1.3B 1.4B 1.5B 1.2B 1.5B 1.6B 1.8B 1.9B 2.1B
Income to Minority Interest
(8m) (8m) (6m) (4m) 16m 0 2m (7m) (10m) (13m)
Net Income
1.2B 1.6B 1.4B 1.5B 1.2B 1.5B 1.6B 1.8B 1.9B 2.1B
EPS (Diluted)
0.55 0.80 0.71 0.77 0.64 0.76 0.85 0.94 1.03 1.12
MCO
Moody's Corp

A recurring analytics platform with cyclical upside, operating leverage, and durable cash generation

Undervalued by 4%
SPGI
S&P Global Inc

A diversified information platform pairing recurring growth with abundant cash generation

Undervalued by 19%
EXPN
Experian PLC

A steadily growing, cash-generative data platform with disciplined reinvestment

Overvalued by 1%
ARFA
Arctic Falls AB

A seasonal testing model with resilient margins and meaningful facility investment needs

Overvalued by 14%

Continue RDEB Research

Summary
RDEB intrinsic value, competitors valuation, and company profile.
DCF Valuation
RDEB stock valuation using Discount Cash Flow valuation method.
Relative Valuation
RDEB stock valuation using valuation multiples.
Wall St Estimates
RDEB price targets and financial estimates made by Wall Street analysts.
Profitability
Detailed analysis of the company's profitability.
Solvency
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
RDEB stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall St Estimates
Profitability
Solvency
Financials
Discount Rate
Other Relx PLC listings:
NYSE • USD
RELX
 OTC • USD
RLXXF
 LSE • GBX
REL
 XETRA • EUR
RDEB
 F • EUR
RDED
 F • EUR
RDEB
 AEX • EUR
REN
 SWB • EUR
RDEB
 DUS • EUR
RDEB
 SWB • EUR
RDED
 XMUN • EUR
RDED
 XHAM • EUR
RDEB
 XHAN • EUR
RDEB
ALPHA SPREAD
Follow us
Join 358,300+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Valuation Backtest Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2026 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.