RLX Technology (RLX) EV to FCF (2021 - 2026)
RLX Technology's (RLX) EV to FCF came in at 26.32 for the quarter ended Jun 30, 2026, up 46.7% from 17.94 a year earlier and up 33.4% from the prior quarter.
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Analysis
RLX Technology (RLX) EV to FCF (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to FCF at RLX Technology was -8.26; for the year ended Dec 31, 2025, it was 19.97, down 27.5% from the prior year.
- In prior years, RLX Technology's EV to FCF was 27.53 in the year ended Dec 31, 2024 (-69.0%), 88.73 in the year ended Dec 31, 2023 (+108.3%), 42.61 in the year ended Dec 31, 2022 (+132.8%) and 18.30 in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 stands as the highest quarterly EV to FCF since the quarter ended Dec 31, 2024.
- On a year-over-year basis, EV to FCF increased in two of the last seven quarters, with an average decline of 17.4%.
- The strongest year-over-year quarter for EV to FCF in the past five years was the quarter ended Dec 31, 2023, with growth of 161.6%; the weakest was the quarter ended Sep 30, 2022, with a decline of 83.4%.
- According to Business Quant data, EV to FCF for the three prior quarters was 19.73 (quarter ended Mar 31, 2026), 21.87 (quarter ended Dec 31, 2025) and 18.65 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn |
| 10 | Verano Holdings | 808.33 Mn | 481.94 Mn | 99.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.32 |
| Mar 31, 2026 | 19.73 |
| Dec 31, 2025 | 21.87 |
| Sep 30, 2025 | 18.65 |
| Jun 30, 2025 | 17.94 |
| Mar 31, 2025 | 14.51 |
| Dec 31, 2024 | 27.73 |
| Sep 30, 2024 | 22.42 |
| Jun 30, 2024 | 25.68 |
| Mar 31, 2024 | 38.22 |
| Dec 31, 2023 | 107.55 |
| Dec 31, 2022 | 41.11 |
| Sep 30, 2022 | 2.07 |
| Jun 30, 2022 | 7.71 |
| Mar 31, 2022 | 7.01 |
| Dec 31, 2021 | 19.94 |
| Sep 30, 2021 | 12.47 |
| Jun 30, 2021 | 20.34 |
| Mar 31, 2021 | 25.02 |
API Access
RLX Technology EV to FCF 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=ev-to-fcf&ticker=RLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "RLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=RLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();