RELX PLC (LON:REL)
London · Delayed Price · Currency is GBP · Price in GBX 2,589.00
-43.00 (-1.63%)
Sep 2, 2026, 4:47 PM GMT
RELX PLC Cash Flow Statement
Financials in millions GBP. Fiscal year is January - December.
Millions GBP. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 2,262 | 2,065 | 1,934 | 1,781 | 1,634 | 1,471 |
Depreciation & Amortization | 246 | 254 | 280 | 387 | 404 | 429 |
Other Amortization | 510 | 498 | 503 | 406 | 381 | 355 |
Loss (Gain) on Equity Investments | -43 | -44 | -43 | -46 | -19 | -29 |
Stock-Based Compensation | 64 | 63 | 66 | 56 | 46 | 45 |
Other Operating Activities | -103 | 63 | 14 | -12 | 29 | -47 |
Change in Accounts Receivable | 14 | 14 | -173 | -24 | -251 | -103 |
Change in Inventory | -101 | -101 | -83 | -90 | -103 | -73 |
Change in Accounts Payable | 24 | 24 | 110 | -1 | 280 | -32 |
Operating Cash Flow | 2,881 | 2,836 | 2,608 | 2,457 | 2,401 | 2,016 |
Operating Cash Flow Growth | 4.27% | 8.74% | 6.15% | 2.33% | 19.10% | 26.32% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -21 | -21 | -20 | -30 | -36 | -28 |
Sale of Property, Plant & Equipment | - | - | - | 7 | - | 5 |
Cash Acquisitions | -138 | -260 | -170 | -124 | -394 | -254 |
Divestitures | 67 | 17 | 46 | 12 | 4 | 190 |
Sale (Purchase) of Intangibles | -541 | -504 | -464 | -447 | -400 | -309 |
Investment in Securities | -45 | -42 | -4 | -8 | -66 | -8 |
Other Investing Activities | 44 | 40 | 37 | 21 | 33 | 20 |
Investing Cash Flow | -634 | -770 | -575 | -569 | -859 | -384 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 232 | 461 | 84 | - | - |
Long-Term Debt Issued | - | 1,125 | 711 | 651 | 397 | - |
Total Debt Issued | 1,935 | 1,357 | 1,172 | 735 | 397 | - |
Short-Term Debt Repaid | - | - | - | - | -101 | -200 |
Long-Term Debt Repaid | - | -661 | -1,080 | -919 | -114 | -524 |
Total Debt Repaid | -678 | -661 | -1,080 | -919 | -215 | -724 |
Net Debt Issued (Repaid) | 1,257 | 696 | 92 | -184 | 182 | -724 |
Issuance of Common Stock | 32 | 42 | 47 | 41 | 26 | 32 |
Repurchase of Common Stock | -2,311 | -1,576 | -1,075 | -850 | -550 | -1 |
Common Dividends Paid | -1,208 | -1,181 | -1,121 | -1,059 | -983 | -920 |
Other Financing Activities | -11 | -32 | -8 | -5 | -9 | 7 |
Financing Cash Flow | -2,241 | -2,051 | -2,065 | -2,057 | -1,334 | -1,606 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 3 | -3 | -4 | -10 | 13 | -1 |
Net Cash Flow | 9 | 12 | -36 | -179 | 221 | 25 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 2,860 | 2,815 | 2,588 | 2,427 | 2,365 | 1,988 |
Free Cash Flow Growth | 4.42% | 8.77% | 6.63% | 2.62% | 18.96% | 28.01% |
Free Cash Flow Margin | 29.42% | 29.35% | 27.43% | 26.49% | 27.65% | 27.44% |
Free Cash Flow Per Share | 1.58 | 1.53 | 1.38 | 1.27 | 1.23 | 1.02 |
Levered Free Cash Flow | 2,232 | 2,158 | 1,921 | 1,707 | 2,028 | 1,499 |
Unlevered Free Cash Flow | 2,334 | 2,328 | 2,097 | 1,895 | 2,142 | 1,577 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 292 | 274 | 257 | 303 | 169 | 119 |
Cash Income Tax Paid | 680 | 638 | 662 | 619 | 495 | 342 |
Change in Working Capital | -55 | -63 | -146 | -115 | -74 | -208 |