TH International (THCH) FCF Margin (2021 - 2026)
TH International's (THCH) quarterly FCF Margin came in at 9.17% in Q1 2026, down 910.0% year-on-year from 1.13% in Q1 2025, and down 194.59% on a QoQ basis from 3.11% in Q4 2025.
TH International (THCH) FCF Margin (2021 - 2026) Analysis & Trends
TH International (THCH) has 6 years of FCF Margin data on file, last reported at 9.17% in Q1 2026.
- On a quarterly basis, FCF Margin fell 910.0% year-over-year to 9.17% in Q1 2026; TTM through Mar 2026 was 2.88%, a 190.0% decrease from a year earlier, with the FY2025 full-year figure at 3.49%, down 136.0% from the prior year.
- FCF Margin for Q1 2026 stood at 9.17%, down from 3.11% in the prior quarter.
- Over the last five years, FCF Margin for THCH reached as high as 8.64% in Q2 2024 and fell as low as 52.99% in Q1 2022.
- Historically, FCF Margin has averaged 11.46% across 5 years, with a median of 7.71% in 2024.
- Across the five-year window, FCF Margin surged 2863 bps in 2022 and tumbled 910 bps in 2026, its largest moves.
- Year by year, FCF Margin stood at 31.88% in 2022, then jumped by 35 bps to 20.59% in 2023, then soared by 54 bps to 9.51% in 2024, then surged by 67 bps to 3.11% in 2025, then tumbled by 195 bps to 9.17% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 9.17% in Q1 2026, 3.11% in Q4 2025, and 0.48% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | 0.96% |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 15.25% |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | 16.56% |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 7.46% |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | 10.19% |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 12.41% |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 13.93% |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 13.96% |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 5.97% |
| 10 | TH International | 35.21 Mn | 19.06 Mn | 32.43 Mn | -9.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -9.17% |
| Dec 31, 2025 | -3.11% |
| Sep 30, 2025 | -0.48% |
| Jun 30, 2025 | -0.34% |
| Mar 31, 2025 | -0.07% |
| Dec 31, 2024 | -9.51% |
| Sep 30, 2024 | -3.62% |
| Jun 30, 2024 | 8.64% |
| Mar 31, 2024 | -7.71% |
| Dec 31, 2023 | -20.59% |
| Sep 30, 2023 | -6.98% |
| Jun 30, 2023 | 0.06% |
| Mar 31, 2023 | -25.37% |
| Dec 31, 2022 | -31.88% |
| Sep 30, 2022 | -11.74% |
| Jun 30, 2022 | -20.03% |
| Mar 31, 2022 | -52.99% |
| Dec 31, 2021 | -25.33% |
| Sep 30, 2021 | -40.36% |