TH International (THCH) Invested Capital (2021 - 2025)
TH International (THCH) posted quarterly Invested Capital of $2.5 million for Q4 2025, down 63.35% year-over-year from $6.7 million in Q4 2024, and down 63.35% quarter-over-quarter from $6.7 million in Q4 2024.
Analysis
TH International (THCH) Invested Capital (2021 - 2025) Analysis & Trends
TH International (THCH) has reported Invested Capital for 5 consecutive years, with $2.5 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Invested Capital fell 63.35% year-over-year to $2.5 million; the TTM figure through Mar 2026 stood at $2.5 million (down 63.35% YoY), while the FY2025 annual figure was $2.4 million, down 63.81% from the prior year.
- Invested Capital fell to $2.5 million in Q4 2025 per THCH's latest filing, from $6.7 million in the prior quarter.
- Across five years, Invested Capital topped out at $28.9 million in Q1 2024 and bottomed at $2.2 million in Q4 2021.
- Historically, Invested Capital has averaged $9.3 million across 5 years, with a median of $6.7 million in 2024.
- Annual changes were most pronounced in 2023 — Invested Capital jumped 313.83% — and 2025, when it sank 63.35%.
- TH International's Invested Capital stood at $2.2 million in 2021, then surged by 43.62% to $3.2 million in 2022, then jumped by 313.83% to $13.1 million in 2023, then plunged by 48.8% to $6.7 million in 2024, then plunged by 63.35% to $2.5 million in 2025.
- Business Quant data shows THCH's Invested Capital at $2.5 million in Q4 2025, $6.7 million in Q4 2024, and $28.9 million in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 182.24 Bn | 181.42 Bn | 6.42 Bn | 38.84 Bn |
| 2 | Starbucks | 119.81 Bn | 116.20 Bn | 6.49 Bn | 7.10 Bn |
| 3 | Chipotle Mexican Grill | 47.61 Bn | 46.94 Bn | 2.35 Bn | - |
| 4 | Yum Brands | 41.66 Bn | 40.99 Bn | 1.47 Bn | 7.98 Bn |
| 5 | Restaurant Brands International | 28.10 Bn | 27.04 Bn | 1.89 Bn | 18.73 Bn |
| 6 | Darden Restaurants | 25.17 Bn | 24.95 Bn | 3.68 Bn | 4.54 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 18.73 Bn |
| 8 | Yum China Holdings | 15.20 Bn | 13.82 Bn | 2.22 Bn | 6.19 Bn |
| 9 | Texas Roadhouse | 12.47 Bn | 12.27 Bn | 1.44 Bn | 1.63 Bn |
| 10 | TH International | 43.90 Mn | 26.12 Mn | 37.59 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -116.17 Mn |
| Dec 31, 2024 | -55.46 Mn |
| Mar 31, 2024 | 8.46 Mn |
| Dec 31, 2023 | 24.04 Mn |
| Sep 30, 2023 | 76.63 Mn |
| Dec 31, 2022 | 77.25 Mn |
| Dec 31, 2021 | 87.14 Mn |