Aligned multi-wall carbon nanotubes (MWNTs) were synthesized through the catalytic decomposition of hydrocarbons in a quartz tube reactor. In this study, we investigated the influence of gas flow rate of feedstock on the structure and growth rate of vertically aligned carbon nanotubes produced by the floating catalyst method. As the flow rate of feedstock increased, the nanotube diameter became smaller and the length became longer. Although the growth rate also increased with the raise of flow rate, the optimum flow rate of feedstock existed for the crystallinity of carbon nanotubes.