Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

RLX Technology (RLX) FCF Margin (2019 - 2025)

RLX Technology filings provide 7 years of FCF Margin readings, the most recent being 27.18% for Q4 2025.

  • On a quarterly basis, FCF Margin fell 3392.0% to 27.18% in Q4 2025 year-over-year; TTM through Dec 2025 was 27.8%, a 299.0% decrease, with the full-year FY2025 number at 27.51%, down 321.0% from a year prior.
  • FCF Margin hit 27.18% in Q4 2025 for RLX Technology, down from 31.49% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 65.68% in Q2 2022 to a low of 122.61% in Q1 2023.
  • Median FCF Margin over the past 5 years was 25.0% (2021), compared with a mean of 8.8%.
  • The widest YoY moves for FCF Margin: up 13183bps in 2023, down -14056bps in 2023.
  • RLX Technology's FCF Margin stood at 24.46% in 2021, then tumbled by -399bps to 73.19% in 2022, then surged by 180bps to 58.64% in 2023, then grew by 4bps to 61.1% in 2024, then crashed by -56bps to 27.18% in 2025.
  • The last three reported values for FCF Margin were 27.18% (Q4 2025), 31.49% (Q3 2025), and 25.84% (Q2 2025) per Business Quant data.