RLX Technology (RLX) Return on Capital Employed (2021 - 2026)
RLX Technology (RLX) posted Return on Capital Employed of 3.02% for Q1 2026, up 45.06% quarter-over-quarter from 2.08% in Q4 2025, and up 289.0% year-on-year from 0.78% in Q1 2025.
RLX Technology (RLX) Return on Capital Employed (2021 - 2026) Analysis & Trends
RLX Technology (RLX) has reported Return on Capital Employed for 6 consecutive years, with 3.02% the latest figure, recorded in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 3.02%, up 289.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.02% (up 289.0% YoY), and the FY2025 annual result was 2.12%, up 279.0% from the prior year.
- Return on Capital Employed was 3.02% for Q1 2026 at RLX Technology, up from 2.08% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 21.78% in Q1 2022 and troughed at 5.46% in Q3 2023.
- Average Return on Capital Employed over 5 years is 3.11%, with a median of 0.57% recorded in 2025.
- Year-over-year, Return on Capital Employed soared 1879 bps in 2022 and sank 2121 bps in 2023.
- Over 5 years, Return on Capital Employed stood at 7.42% in 2022, then plunged by 144 bps to 3.29% in 2023, then jumped by 80 bps to 0.67% in 2024, then jumped by 411 bps to 2.08% in 2025, then soared by 45 bps to 3.02% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 3.02% in Q1 2026, 2.08% in Q4 2025, and 1.2% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | 41.93% |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn | 3.02% |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn | 12.15% |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | 7.24% |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | -133.15% |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | -122.16% |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | -95.07% |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | -432.91% |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | -26.98% |
| 10 | 22nd Century | 128,296.63 | -9.42 Mn | -636,000.00 | -15.55% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.02% |
| Dec 31, 2025 | 2.08% |
| Sep 30, 2025 | 1.20% |
| Jun 30, 2025 | 0.57% |
| Mar 31, 2025 | 0.13% |
| Dec 31, 2024 | -0.67% |
| Sep 30, 2024 | -1.51% |
| Jun 30, 2024 | -1.70% |
| Mar 31, 2024 | -1.13% |
| Dec 31, 2023 | -3.30% |
| Sep 30, 2023 | -5.47% |
| Jun 30, 2023 | -2.13% |
| Mar 31, 2023 | 0.57% |
| Dec 31, 2022 | 7.42% |
| Sep 30, 2022 | 13.79% |
| Jun 30, 2022 | 18.09% |
| Mar 31, 2022 | 21.76% |
| Dec 31, 2021 | 16.95% |
| Sep 30, 2021 | 14.29% |
| Jun 30, 2021 | 8.85% |