Relx annual free cash flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Relx Free Cash Flow (FCF) History (REL)
Relx reported £2.81B in free cash flow for fiscal 2025, an increase of 8.77% from the previous fiscal year, with a free cash flow margin of 29.35%.
View full Relx company overviewRelx free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | £2.81B | £227.0M | +8.77% | +29.35% |
| 2024 | 2024-12-31 | £2.59B | £161.0M | +6.63% | +27.43% |
| 2023 | 2023-12-31 | £2.43B | £62.0M | +2.62% | +26.49% |
| 2022 | 2022-12-31 | £2.37B | £377.0M | +18.96% | +27.65% |
| 2021 | 2021-12-31 | £1.99B | £435.0M | +28.01% | +27.44% |
| 2020 | 2020-12-31 | £1.55B | −£489.0M | −23.95% | +21.84% |
| 2019 | 2019-12-31 | £2.04B | £113.0M | +5.86% | +25.93% |
| 2018 | 2018-12-31 | £1.93B | £66.0M | +3.54% | +25.75% |
| 2017 | 2017-12-31 | £1.86B | £173.0M | +10.24% | +25.38% |
| 2016 | 2016-12-31 | £1.69B | £348.0M | +25.93% | +24.53% |
| 2015 | 2015-12-31 | £1.34B | — | — | +22.48% |
Relx free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from £1.55B to £2.81B, a compound annual growth rate of 12.63%.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Relx source filings ↗Community posts
RELX maintains its outlook as legal and risk analytics drive growth
RELX ($REL) reported 7% underlying revenue growth for the first nine months of 2026 and reaffirmed its 2026 outlook. Legal revenue increased 10%, supported by adoption of AI-enabled research and analytics tools, while Risk grew 8% as financ ...
