Luckin Coffee (LKNCY) FCF Margin (2018 - 2026)
Luckin Coffee (LKNCY) reported FCF Margin of 16.53% for Q2 2026, down 4.19 percentage points from 20.72% a year earlier but up 9.93 percentage points from the prior quarter.
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Analysis
Luckin Coffee (LKNCY) FCF Margin (2018 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Luckin Coffee's FCF Margin came in at 10.84%, down 4.76 percentage points year-over-year; for FY2025, it came in at 7.03%, up 1.44 percentage points from FY2024.
- FCF Margin has increased for three consecutive years, with a five-year change of +86.35 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 5.59% in FY2024 (+4.99 pp), 0.60% in FY2023 (+6.33 pp), -5.73% in FY2022 (-5.11 pp) and -0.62% in FY2021 (+78.69 pp).
- Five-year quarterly FCF Margin spans a low of -17.01% in Q2 2022 and a high of 24.18% in Q1 2023.
- Year over year, FCF Margin has now declined in each of the last three quarters, with an average year-over-year change of +2.72 percentage points over the last eight quarters.
- The high point for year-over-year FCF Margin in five years was Q2 2023 (a gain of 40.30 percentage points); the low point was Q2 2022 (a drop of 35.96 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 6.59% (Q1 2026), 4.42% (Q4 2025) and 13.54% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 197.03 Bn | 191.85 Bn | 6.42 Bn | 26.79% |
| 2 | Starbucks | 121.44 Bn | 109.07 Bn | - | 14.49% |
| 3 | Yum Brands | 45.58 Bn | 42.47 Bn | 1.47 Bn | 18.76% |
| 4 | Chipotle Mexican Grill | 45.08 Bn | 41.58 Bn | - | 10.54% |
| 5 | Restaurant Brands International | 27.34 Bn | 23.13 Bn | 1.40 Bn | 18.97% |
| 6 | Darden Restaurants | 25.92 Bn | 25.01 Bn | 1.68 Bn | 3.09% |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | 18.97% |
| 8 | Yum China Holdings | 17.29 Bn | 10.94 Bn | 537.00 Mn | 9.53% |
| 9 | Texas Roadhouse | 12.62 Bn | 11.96 Bn | - | 4.85% |
| 10 | Luckin Coffee | 10.74 Bn | 5.83 Bn | 1.64 Bn | 23.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.09% |
| Jun 30, 2026 | 16.53% |
| Mar 31, 2026 | 6.59% |
| Dec 31, 2025 | 4.42% |
| Sep 30, 2025 | 13.54% |
| Jun 30, 2025 | 20.72% |
| Mar 31, 2025 | 10.11% |
| Dec 31, 2024 | 16.94% |
| Sep 30, 2024 | 12.93% |
| Jun 30, 2024 | 18.44% |
| Mar 31, 2024 | -4.21% |
| Dec 31, 2023 | -13.12% |
| Sep 30, 2023 | 18.20% |
| Jun 30, 2023 | 23.29% |
| Mar 31, 2023 | 24.18% |
| Dec 31, 2022 | 1.31% |
| Sep 30, 2022 | 10.71% |
| Jun 30, 2022 | -17.01% |
| Mar 31, 2022 | 4.48% |
| Dec 31, 2021 | -0.59% |
API Access
Luckin Coffee FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=LKNCY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "LKNCY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=LKNCY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();