RLX Technology (RLX) Return on Invested Capital (2021 - 2026)

RLX Technology (RLX) reported Return on Invested Capital of 0.0% for Q1 2026, little changed on a YoY basis from 0.0% in Q1 2025, and down 23.24% quarter-over-quarter from 0.0% in Q4 2025.

RLX Technology (RLX) Return on Invested Capital (2021 - 2026) Analysis & Trends

RLX Technology has reported Return on Invested Capital for 6 years, with the latest figure at 0.0% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Invested Capital changed 0.0% year-over-year to 0.0%; the trailing twelve-month figure through Mar 2026 stood at 0.0% (changed 0.0% YoY), and the FY2025 full-year result was 0.0%, changed 0.0% from the prior year.
  • Return on Invested Capital for Q1 2026 stood at 0.0%, down from 0.0% in the prior quarter.
  • The five-year high for Return on Invested Capital was 0.17% in Q3 2022, with the low at 0.02% in Q2 2023.
  • Historically, Return on Invested Capital has averaged 0.01% across 5 years, with a median of 0.0% in 2026.
  • Annual changes were most pronounced in 2022 — Return on Invested Capital increased 17 bps — and 2023, when it fell 17 bps.
  • RLX Technology's Return on Invested Capital stood at 0.0% in 2022, then plunged by 120 bps to 0.0% in 2023, then dropped by 3 bps to 0.0% in 2024, then surged by 222 bps to 0.0% in 2025, then slipped by 23 bps to 0.0% in 2026.
  • The last three Return on Invested Capital figures came in at 0.0% (Q1 2026), 0.0% (Q4 2025), and 0.01% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Philip Morris International 277.78 Bn 274.30 Bn 6.91 Bn -0.03%
2 Altria 120.77 Bn 117.29 Bn 3.51 Bn 0.00%
3 British American Tobacco p.l.c 45.84 Bn 40.53 Bn - -
4 Turning Point Brands 1.66 Bn 1.49 Bn 68.30 Mn 0.00%
5 Universal 1.35 Bn 1.30 Bn 98.47 Mn 0.00%
6 RLX Technology 355.86 Mn -269.04 Mn 73.10 Mn 0.00%
7 Ispire Technology 97.40 Mn 79.11 Mn 1.99 Mn 0.03%
8 Rythm 54.37 Mn 21.11 Mn 10.40 Mn 0.00%
9 Greenlane Holdings 11.69 Mn -26.54 Mn 217,000.00 -
10 22nd Century 2.50 Mn -7.04 Mn -636,000.00 -

Historic Data

Download Data
DateValue
Mar 31, 2026 0.00%
Dec 31, 2025 0.00%
Sep 30, 2025 0.01%
Jun 30, 2025 0.01%
Mar 31, 2025 0.00%
Jun 30, 2024 0.00%
Mar 31, 2024 0.00%
Dec 31, 2023 0.00%
Sep 30, 2023 0.00%
Jun 30, 2023 -0.02%
Mar 31, 2023 0.00%
Dec 31, 2022 0.00%
Sep 30, 2022 0.17%
Jun 30, 2022 0.00%
Mar 31, 2022 0.00%
Dec 31, 2021 0.00%
Sep 30, 2021 0.00%
Jun 30, 2021 0.00%
Mar 31, 2021 0.00%