Growth Metrics

TH International (THCH) Retained Earnings (2021 - 2025)

TH International (THCH) reported Retained Earnings of -$437.5 million for Q4 2025, down 17.77% year-over-year from -$532.0 million in Q4 2024, and down 17.77% on a QoQ basis from -$371.5 million in Q4 2024.

TH International (THCH) has 5 years of Retained Earnings data on file, last reported at -$437.5 million in Q4 2025.

  • Quarterly Retained Earnings fell 17.77% year-over-year to -$437.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$437.5 million (down 17.77% YoY) and the FY2025 annual result came in at $837000.0, up 100.23% from the prior year.
  • Retained Earnings retreated to -$437.5 million in Q4 2025 per THCH's latest filing, from -$371.5 million in the prior quarter.
  • Across five years, Retained Earnings topped out at $3.0 million in Q4 2023 and bottomed at -$437.5 million in Q4 2025.
  • The 5-year median for Retained Earnings is -$266.5 million (2023), against an average of -$242.7 million.
  • The widest annual swing landed in 2023, when Retained Earnings surged 101.54%; it then slumped 12545.7% in 2024.
  • Tracing THCH's Retained Earnings over 5 years: stood at -$99.7 million in 2021, then tumbled by 94.61% to -$194.1 million in 2022, then surged by 101.54% to $3.0 million in 2023, then tumbled by 12545.7% to -$371.5 million in 2024, then retreated by 17.77% to -$437.5 million in 2025.
  • Per Business Quant, the three latest THCH Retained Earnings figures stand at -$437.5 million (Q4 2025), -$371.5 million (Q4 2024), and -$332.5 million (Q1 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Starbucks 110.27 Bn 108.58 Bn 9.40 Bn -8.88 Bn
2 Yum Brands 40.90 Bn 40.21 Bn 1.38 Bn -312.00 Mn
3 Chipotle Mexican Grill 39.62 Bn 38.75 Bn 2.61 Bn -8.01 Mn
4 Restaurant Brands International 25.25 Bn 25.79 Bn 2.14 Bn 1.90 Bn
5 Darden Restaurants 23.41 Bn 23.17 Bn 3.31 Bn 24.40 Mn
6 Yum China Holdings 15.07 Bn 13.64 Bn 3.24 Bn -98.00 Mn
7 Texas Roadhouse 11.59 Bn 11.39 Bn 1.40 Bn 1.52 Bn
8 Dominos Pizza 10.51 Bn 10.27 Bn 464.51 Mn -5.10 Mn
9 Cava 8.67 Bn 8.28 Bn 797.57 Mn 118,000.00
10 TH International 9.22 Mn -9.96 Mn 38.17 Mn -437.50 Mn

Historic Data

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DateValue
Dec 31, 2025 -437.50 Mn
Dec 31, 2024 -371.50 Mn
Mar 31, 2024 -332.46 Mn
Dec 31, 2023 2.98 Mn
Sep 30, 2023 -266.49 Mn
Dec 31, 2022 -194.06 Mn
Dec 31, 2021 -99.72 Mn