TH International (THCH) Operating Margin (2021 - 2025)
TH International (THCH) reported Operating Margin of 0.04% for Q4 2025, up 3519.0% year-over-year from 0.0% in Q4 2024, and up 99.79% quarter-over-quarter from 18.34% in Q3 2025.
TH International (THCH) Operating Margin (2021 - 2025) Analysis & Trends
TH International (THCH) has 5 years of Operating Margin data on file, last reported at 0.04% in Q4 2025.
- Operating Margin for Q4 2025 came in at 0.04%, up 3519.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 14.95% (up 1037.0% YoY), and the FY2025 annual result was 8.05%, up 1705.0% from the prior year.
- Operating Margin grew to 0.04% in Q4 2025 per THCH's latest filing, from 18.34% in the prior quarter.
- Over five years, Operating Margin peaked at 0.0% in Q1 2022 and troughed at 57750.2% in Q4 2021.
- A 5-year average of 3236.44% and a median of 31.8% in 2024 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2023: Operating Margin surged 5775015 bps in 2022, then slumped 5930 bps in 2023.
- A 5-year view of Operating Margin shows it stood at 57750.2% in 2021, then surged by 100 bps to 0.04% in 2022, then sank by 136117 bps to 59.35% in 2023, then jumped by 41 bps to 35.23% in 2024, then surged by 100 bps to 0.04% in 2025.
- Business Quant data shows THCH's Operating Margin at 0.04% in Q4 2025, 18.34% in Q3 2025, and 13.56% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 8.69% |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 12.86% |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | 31.28% |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 26.77% |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 12.15% |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 13.67% |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 8.96% |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 20.02% |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 1.02% |
| 10 | TH International | 7.70 Mn | -11.48 Mn | 38.17 Mn | -0.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -0.04% |
| Sep 30, 2025 | -18.34% |
| Jun 30, 2025 | -13.56% |
| Mar 31, 2025 | -28.36% |
| Dec 31, 2024 | -35.23% |
| Sep 30, 2024 | -15.55% |
| Jun 30, 2024 | -14.92% |
| Mar 31, 2024 | -37.31% |
| Dec 31, 2023 | -59.35% |
| Sep 30, 2023 | -36.59% |
| Jun 30, 2023 | -43.46% |
| Mar 31, 2023 | -0.04% |
| Dec 31, 2022 | -0.04% |
| Sep 30, 2022 | -49.22% |
| Jun 30, 2022 | -91.76% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | -57,750.20% |
| Sep 30, 2021 | -62.02% |