Relx (RELX) Operating Leases (2017 - 2025)

Relx (RELX) posted quarterly Operating Leases of $129.0 million for Q4 2025, down 2.4% year-on-year from $132.2 million in Q4 2024, and down 2.4% on a QoQ basis from $132.2 million in Q4 2024.

Relx (RELX) Operating Leases (2017 - 2025) Analysis & Trends

Relx (RELX) has reported Operating Leases for 9 consecutive years, with $129.0 million the latest figure, recorded in Q4 2025.

  • Quarterly Operating Leases fell 2.4% year-over-year to $129.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $129.0 million (down 2.4% YoY) and the FY2025 annual result came in at $127.9 million, down 3.26% from the prior year.
  • Operating Leases eased to $129.0 million in Q4 2025 per RELX's latest filing, from $132.2 million in the prior quarter.
  • Over the last five years, Operating Leases for RELX reached as high as $280.4 million in Q4 2021 and fell as low as $129.0 million in Q4 2025.
  • A 5-year average of $186.0 million and a median of $175.0 million in 2023 frame the typical range for Operating Leases.
  • Annual changes were most pronounced in 2021 — Operating Leases climbed 19.29% — and 2024, when it decreased 24.46%.
  • Year by year, Operating Leases stood at $280.4 million in 2021, then retreated by 23.86% to $213.5 million in 2022, then declined by 18.02% to $175.0 million in 2023, then retreated by 24.46% to $132.2 million in 2024, then declined by 2.4% to $129.0 million in 2025.
  • According to Business Quant data, Operating Leases over the past three periods registered $129.0 million, $132.2 million, and $175.0 million for Q4 2025, Q4 2024, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Cintas 81.31 Bn 81.12 Bn 1.45 Bn
2 Rentokil Initial 73.75 Bn 71.25 Bn -
3 Relx 60.28 Bn 60.04 Bn -
4 Thomson Reuters 38.09 Bn 37.23 Bn -
5 Copart 25.18 Bn 21.85 Bn 732.88 Mn
6 Global Payments 21.29 Bn 16.10 Bn 1.70 Bn
7 Rb Global 20.33 Bn 20.14 Bn 927.90 Mn
8 UL Solutions 17.42 Bn 17.18 Bn 381.00 Mn
9 Aramark 15.00 Bn 14.59 Bn 426.39 Mn
10 Amentum Holdings 5.37 Bn 5.04 Bn 345.00 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 129.03 Mn
Dec 31, 2024 132.20 Mn
Dec 31, 2023 175.00 Mn
Dec 31, 2022 213.47 Mn
Dec 31, 2021 280.39 Mn
Dec 31, 2020 235.04 Mn
Dec 31, 2019 9.00 Mn
Dec 31, 2018 10.29 Mn
Dec 31, 2017 -519.12 Mn