Relx annual net debt
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Relx Net Debt Growth & History (REL)
Relx's net debt was £7.23B for fiscal 2025.
View full Relx company overviewRelx annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | £7.23B | £705.0M | +10.80% |
| 2024 | 2024-12-31 | £6.53B | £45.0M | +0.69% |
| 2023 | 2023-12-31 | £6.48B | −£95.0M | −1.44% |
| 2022 | 2022-12-31 | £6.58B | £316.0M | +5.05% |
| 2021 | 2021-12-31 | £6.26B | −£1.05B | −14.34% |
| 2020 | 2020-12-31 | £7.31B | £692.0M | +10.46% |
| 2019 | 2019-12-31 | £6.62B | £7.0M | +0.11% |
| 2018 | 2018-12-31 | £6.61B | £1.08B | +19.48% |
| 2017 | 2017-12-31 | £5.53B | £852.0M | +18.20% |
| 2016 | 2016-12-31 | £4.68B | — | — |
Relx quarterly net debt
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | £8.69B | £1.36B | +18.60% |
| Q4 2025 | 2025-12-31 | £7.23B | £705.0M | +10.80% |
| Q2 2025 | 2025-06-30 | £7.32B | — | — |
| Q4 2024 | 2024-12-31 | £6.53B | £45.0M | +0.69% |
| Q4 2023 | 2023-12-31 | £6.48B | −£95.0M | −1.44% |
| Q4 2022 | 2022-12-31 | £6.58B | £316.0M | +5.05% |
| Q4 2021 | 2021-12-31 | £6.26B | −£1.05B | −14.34% |
| Q4 2020 | 2020-12-31 | £7.31B | £692.0M | +10.46% |
| Q4 2019 | 2019-12-31 | £6.62B | £7.0M | +0.11% |
| Q4 2018 | 2018-12-31 | £6.61B | £1.08B | +19.48% |
| Q4 2017 | 2017-12-31 | £5.53B | — | — |
Relx net debt trends
Over the last five fiscal years, Relx's net debt decreased from £7.31B to £7.23B, a change of −£77.0M. The latest reported quarter, Q2 2026, shows £8.69B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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