Flamengo is the most successful team in the Campeonato Carioca. Flamengo has won it 37 times, Fluminense 33. In the Campeonato Brasileiro, Flamengo has won seven titles and Fluminense has won four titles; and in the Copa do Brasil, Flamengo has won four and Fluminense has won one.

Flamengo's fiercest and longest-standing rivalries are with the other "Big Four" of Rio de Janeiro: Fluminense, Botafogo and Vasco da Gama; as well as interstate rivalries with Atletico MG and Palmeiras.