TH International (THCH) FCF Margin (2021 - 2026)
TH International (THCH) posted quarterly FCF Margin of 9.17% for Q1 2026, down 910.0% year-over-year from 1.13% in Q1 2025, and down 194.59% quarter-over-quarter from 3.11% in Q4 2025.
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TH International (THCH) FCF Margin (2021 - 2026) Analysis & Trends
TH International (THCH) has reported FCF Margin for 6 consecutive years, with 9.17% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin fell 910.0% year-over-year to 9.17%; the TTM figure through Mar 2026 stood at 2.88% (down 190.0% YoY), while the FY2025 annual figure was 3.49%, down 136.0% from the prior year.
- FCF Margin declined to 9.17% in Q1 2026 per THCH's latest filing, from 3.11% in the prior quarter.
- Across five years, FCF Margin topped out at 8.64% in Q2 2024 and bottomed at 52.99% in Q1 2022.
- Historically, FCF Margin has averaged 11.46% across 5 years, with a median of 7.71% in 2024.
- Annual changes were most pronounced in 2022 — FCF Margin jumped 2863 bps — and 2026, when it sank 910 bps.
- TH International's FCF Margin stood at 31.88% in 2022, then surged by 35 bps to 20.59% in 2023, then jumped by 54 bps to 9.51% in 2024, then soared by 67 bps to 3.11% in 2025, then tumbled by 195 bps to 9.17% in 2026.
- Business Quant data shows THCH's FCF Margin at 9.17% in Q1 2026, 3.11% in Q4 2025, and 0.48% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 181.46 Bn | 180.64 Bn | 6.42 Bn | 27.83% |
| 2 | Starbucks | 119.15 Bn | 115.53 Bn | 6.49 Bn | 14.49% |
| 3 | Chipotle Mexican Grill | 47.22 Bn | 46.55 Bn | 2.35 Bn | 13.84% |
| 4 | Yum Brands | 41.34 Bn | 40.66 Bn | 1.47 Bn | 18.76% |
| 5 | Restaurant Brands International | 27.92 Bn | 26.86 Bn | 1.89 Bn | 19.01% |
| 6 | Darden Restaurants | 25.01 Bn | 24.79 Bn | 3.68 Bn | 10.19% |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 19.01% |
| 8 | Yum China Holdings | 15.19 Bn | 13.80 Bn | 2.22 Bn | 9.53% |
| 9 | Texas Roadhouse | 12.42 Bn | 12.22 Bn | 1.44 Bn | 4.85% |
| 10 | TH International | 43.90 Mn | 26.12 Mn | 37.59 Mn | 12.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.38% |
| Mar 31, 2026 | -9.13% |
| 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 | -25.47% |
| 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% |