TH International (THCH) FCF Margin (2021 - 2025)
TH International (THCH) reported FCF Margin of 3.11% for Q4 2025, up 640.0% year-over-year from 0.42% in Q4 2024, and down 554.06% quarter-over-quarter from 0.48% in Q3 2025.
TH International (THCH) FCF Margin (2021 - 2025) Analysis & Trends
TH International (THCH) has 5 years of FCF Margin data on file, last reported at 3.11% in Q4 2025.
- FCF Margin for Q4 2025 came in at 3.11%, up 640.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.98% (up 185.0% YoY), and the FY2025 annual result was 5.82%, up 454.0% from the prior year.
- FCF Margin retreated to 3.11% in Q4 2025 per THCH's latest filing, from 0.48% in the prior quarter.
- Over five years, FCF Margin peaked at 8.64% in Q2 2024 and troughed at 52.99% in Q1 2022.
- A 5-year average of 14.0% and a median of 8.61% in 2024 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2022 and 2025: FCF Margin surged 2816 bps in 2022, then tumbled 898 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 25.33% in 2021, then fell by 26 bps to 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.
- Business Quant data shows THCH's FCF Margin at 3.11% in Q4 2025, 0.48% in Q3 2025, and 0.33% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 0.96% |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 15.25% |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | 16.56% |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 7.46% |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 13.51% |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 12.41% |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 10.96% |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 12.77% |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 1.04% |
| 10 | TH International | 7.70 Mn | -11.48 Mn | 38.17 Mn | -3.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -3.11% |
| Sep 30, 2025 | -0.48% |
| Jun 30, 2025 | -0.33% |
| 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 | -25.47% |
| Dec 31, 2022 | -31.88% |
| Sep 30, 2022 | -12.21% |
| Jun 30, 2022 | -20.03% |
| Mar 31, 2022 | -52.99% |
| Dec 31, 2021 | -25.33% |
| Sep 30, 2021 | -40.36% |