TH International (THCH) Operating Leases (2021 - 2025)
TH International's (THCH) quarterly Operating Leases came in at $33.9 million in Q4 2025, down 35.97% year-on-year from $52.9 million in Q4 2024, and down 35.97% on a QoQ basis from $52.9 million in Q4 2024.
TH International (THCH) Operating Leases (2021 - 2025) Analysis & Trends
TH International (THCH) has 5 years of Operating Leases data on file, last reported at $33.9 million in Q4 2025.
- On a quarterly basis, Operating Leases fell 35.97% year-over-year to $33.9 million in Q4 2025; TTM through Dec 2025 was $33.9 million, a 35.97% decrease from a year earlier, with the FY2025 full-year figure at $33.4 million, down 36.79% from the prior year.
- Operating Leases for Q4 2025 stood at $33.9 million, down from $52.9 million in the prior quarter.
- Over the last five years, Operating Leases for THCH reached as high as $117.7 million in Q4 2021 and fell as low as $33.9 million in Q4 2025.
- Historically, Operating Leases has averaged $86.0 million across 5 years, with a median of $98.1 million in 2023.
- Across the five-year window, Operating Leases fell 2.02% in 2022 and slumped 41.72% in 2024, its largest moves.
- Year by year, Operating Leases stood at $117.7 million in 2021, then decreased by 2.02% to $115.3 million in 2022, then fell by 21.28% to $90.8 million in 2023, then plunged by 41.72% to $52.9 million in 2024, then sank by 35.97% to $33.9 million in 2025.
- Per Business Quant data, the three most recent Operating Leases figures were $33.9 million in Q4 2025, $52.9 million in Q4 2024, and $90.8 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn |
| 10 | TH International | 35.21 Mn | 19.06 Mn | 32.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 33.88 Mn |
| Dec 31, 2024 | 52.91 Mn |
| Dec 31, 2023 | 90.78 Mn |
| Sep 30, 2023 | 105.51 Mn |
| Dec 31, 2022 | 115.33 Mn |
| Dec 31, 2021 | 117.71 Mn |