RELX (RELX) Balance Sheet: Assets & Liabilities

RELX (RELX) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), RELX reported total assets of GBP 14.76B and total liabilities of GBP 12.37B. Shareholders' equity was GBP 2.37B, down 32.5% from GBP 3.50B a year earlier. Total debt stood at GBP 7.17B against GBP 131.00M in cash and short-term investments, a net debt position of GBP 7.04B. That puts debt-to-equity at 3.03, compared with 1.64 a year earlier.

RELX Balance Sheet Analysis

Values in billions GBP

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for RELX PLC (RELX) - Annual data in billions GBP
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	0.13	0.12	0.16	0.33	0.11	0.09	0.14	0.11	0.11
Cash & Short-Term Investments	0.13	0.12	0.16	0.33	0.11	0.09	0.14	0.11	0.11
Accounts Receivable	2.16	2.51	2.03	2.41	1.96	1.93	2.07	1.79	1.66
Inventory	0.31	0.33	0.32	0.31	0.25	0.00	0.22	0.21	0.20
Other Current Assets	0.05	0.04	0.37	0.04	0.03	0.27	0.29	0.24	0.24
Total Current Assets	2.96	3.00	2.87	3.07	2.36	2.27	2.45	2.35	2.16
Non-Current Assets
Property, Plant & Equipment (Net)	0.16	0.17	0.21	0.27	0.29	0.38	0.44	0.46	0.21
Long-Term Investments	0.30	0.26	0.28	0.30	0.21	0.53	0.34	0.29	0.33
Goodwill	7.93	8.22	8.02	8.39	7.37	7.22	6.82	6.90	5.97
Intangible Assets	3.07	3.16	3.24	3.52	3.30	3.43	3.45	3.53	3.19
Other Non-Current Assets	0.20	0.33	0.17	0.13	0.33	0.05	0.05	0.01	0.02
Total Non-Current Assets	11.80	12.14	12.04	12.76	11.50	11.87	11.34	11.65	10.12
Total Assets	14.76	15.13	14.92	15.83	13.86	14.15	13.79	14.00	12.28
Current Liabilities
Accounts Payable	0.09	4.12	0.17	0.13	3.28	0.15	0.17	0.19	0.24
Short-Term Debt	1.54	0.61	1.26	0.87	0.03	0.85	2.06	1.39	0.76
Current Portion of Long-Term Debt	1.57	1.41	1.31	0.87	0.23	-	-	-	-
Accrued Liabilities	0.15	0.12	0.16	0.25	0.19	-	-	-	-
Deferred Revenue	0.00	2.33	2.30	2.37	1.96	1.95	2.07	-3.25	-3.00
Other Current Liabilities	0.16	0.07	1.55	1.57	0.05	1.28	1.27	3.30	1.19
Total Current Liabilities	6.00	5.72	5.49	5.19	3.75	4.37	5.95	5.33	4.53
Non-Current Liabilities
Long-Term Debt	5.63	5.13	5.10	5.86	5.94	6.28	4.35	4.97	4.49
Deferred Tax Liabilities	0.41	0.47	0.47	0.59	0.59	0.67	0.59	0.83	0.74
Other Non-Current Liabilities	0.21	0.78	0.33	0.44	0.95	0.73	0.71	0.51	0.43
Total Non-Current Liabilities	6.37	5.91	5.99	6.89	6.89	7.67	5.65	6.32	5.38
Total Liabilities	12.37	11.63	11.48	12.08	10.63	12.04	11.60	11.64	9.91
Stockholders' Equity
Common Stock	0.26	0.27	0.28	0.28	0.29	0.29	0.29	0.29	0.22
Retained Earnings	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accumulated Other Comprehensive Income	0.13	2.33	0.00	2.39	2.33	1.24	1.27	1.36	0.60
Treasury Stock	0.41	0.72	0.55	0.41	0.88	-	-	-	-
Additional Paid-in Capital	1.65	1.61	1.56	1.10	0.62	0.57	0.61	0.68	1.47
Minority Interest	0.02	0.02	-0.02	-0.02	-0.01	0.00	0.02	0.03	0.02
Shares Outstanding	1.82	1.86	1.88	1.91	1.93	-	-	-	-
Total Stockholders' Equity	2.37	3.50	3.46	3.78	3.22	2.10	2.17	2.33	2.35
Total Liabilities & Equity	14.76	15.13	14.92	15.83	13.86	14.15	13.79	14.00	12.28

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About RELX Balance Sheet

How much debt does RELX have?

RELX had total debt of GBP 7.17B as of Dec 31, 2025, against GBP 131.00M in cash and short-term investments. Its debt-to-equity ratio was 3.03. Total debt was GBP 5.74B a year earlier.

What are RELX's total assets?

RELX reported total assets of GBP 14.76B as of Dec 31, 2025, down 2.5% from GBP 15.13B a year earlier. Total liabilities were GBP 12.37B.

What is RELX's shareholders' equity?

RELX's shareholders' equity was GBP 2.37B as of Dec 31, 2025, or about GBP 1.30 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition