RLX Technology (RLX) Price to FCF (2021 - 2026)
RLX Technology's Price to FCF came in at 39.05 for the quarter ended Jun 30, 2026, up 71.7% from 22.74 a year earlier and up 33.7% from the prior quarter.
RLX Technology (RLX) Price to FCF (2021 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, RLX Technology's Price to FCF was 21.22, down 24.9% from the prior year.
- Going back by year, Price to FCF was 28.25 in the year ended Dec 31, 2024 (-71.3%), 98.29 in the year ended Dec 31, 2023 (+107.3%), 47.42 in the year ended Dec 31, 2022 (+135.3%) and 20.15 in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Price to FCF since the quarter ended Mar 31, 2024.
- Year-over-year, Price to FCF increased in two of the last seven quarters, with an average decline of 14.0%.
- The fastest year-over-year change in Price to FCF over five years came in the quarter ended Dec 31, 2023 (growth of 161.5%), and the weakest in the quarter ended Dec 31, 2024 (a decline of 76.1%).
- Business Quant data shows RLX's Price to FCF at 29.20 (quarter ended Mar 31, 2026), 23.26 (quarter ended Dec 31, 2025) and 22.77 (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn |
| 10 | Verano Holdings | 771.72 Mn | 445.33 Mn | 99.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.05 |
| Mar 31, 2026 | 29.20 |
| Dec 31, 2025 | 23.26 |
| Sep 30, 2025 | 22.77 |
| Jun 30, 2025 | 22.74 |
| Mar 31, 2025 | 20.01 |
| Dec 31, 2024 | 28.46 |
| Sep 30, 2024 | 30.75 |
| Jun 30, 2024 | 35.22 |
| Mar 31, 2024 | 49.69 |
| Dec 31, 2023 | 118.90 |
| Dec 31, 2022 | 45.47 |
| Sep 30, 2022 | 8.72 |
| Jun 30, 2022 | 10.58 |
| Mar 31, 2022 | 14.01 |
| Dec 31, 2021 | 21.98 |
| Sep 30, 2021 | 16.14 |
| Jun 30, 2021 | 23.23 |
| Mar 31, 2021 | 28.63 |
RLX Technology Price 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=price-to-fcf&ticker=RLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-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=price-to-fcf&ticker=RLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();