TH International (THCH) Shares Outstanding (2021 - 2026)
TH International (THCH) recorded Shares Outstanding of 32.52 million in the quarter ended Jun 30, 2026, up 0.2% from 32.44 million a year earlier and unchanged from the prior quarter.
TH International (THCH) Shares Outstanding (2021 - 2026) Analysis & Trends
Starting with the quarter ended Sep 30, 2021, TH International's Shares Outstanding history includes 20 quarters.
- Annual Shares Outstanding has increased for five straight years, with a five-year compound annual growth rate of 8.8% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Shares Outstanding came in at 32.44 million in the year ended Dec 31, 2024 (+5.2%), 30.84 million in the year ended Dec 31, 2023 (+20.4%), 25.62 million in the year ended Dec 31, 2022 (+5.4%) and 24.32 million in the year ended Dec 31, 2021 (+13.9%).
- On a year-over-year basis, Shares Outstanding has increased for 16 consecutive quarters, with growth averaging 5.2% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding ran from 0.2% in the quarter ended Dec 31, 2025 to 20.4% in the quarter ended Sep 30, 2024.
- Per Business Quant, the preceding three quarters came in at 32.52 million (quarter ended Mar 31, 2026), 32.52 million (quarter ended Dec 31, 2025) and 32.44 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 165.62 Bn | 160.44 Bn | 6.42 Bn | 709.10 Mn |
| 2 | Starbucks | 108.79 Bn | 96.42 Bn | - | 1.14 Bn |
| 3 | Chipotle Mexican Grill | 40.35 Bn | 36.33 Bn | - | 1.28 Bn |
| 4 | Yum Brands | 37.59 Bn | 34.48 Bn | 1.47 Bn | 275.00 Mn |
| 5 | Restaurant Brands International | 24.96 Bn | 22.07 Bn | 1.38 Bn | 348.00 Mn |
| 6 | Darden Restaurants | 22.28 Bn | 21.39 Bn | -113.70 Mn | 115.50 Mn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 228.00 Mn |
| 8 | Yum China Holdings | 14.08 Bn | 8.44 Bn | 537.00 Mn | 348.00 Mn |
| 9 | Texas Roadhouse | 10.31 Bn | 9.67 Bn | - | 65.70 Mn |
| 10 | TH International | 43.22 Mn | -30.08 Mn | - | 32.52 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.52 Mn |
| Mar 31, 2026 | 32.52 Mn |
| Dec 31, 2025 | 32.52 Mn |
| Sep 30, 2025 | 32.44 Mn |
| Jun 30, 2025 | 32.44 Mn |
| Mar 31, 2025 | 32.44 Mn |
| Dec 31, 2024 | 32.44 Mn |
| Sep 30, 2024 | 30.84 Mn |
| Jun 30, 2024 | 30.84 Mn |
| Mar 31, 2024 | 30.84 Mn |
| Dec 31, 2023 | 30.84 Mn |
| Sep 30, 2023 | 25.62 Mn |
| Jun 30, 2023 | 25.62 Mn |
| Mar 31, 2023 | 25.62 Mn |
| Dec 31, 2022 | 25.62 Mn |
| Sep 30, 2022 | 24.32 Mn |
| Jun 30, 2022 | 24.32 Mn |
| Mar 31, 2022 | 24.32 Mn |
| Dec 31, 2021 | 24.32 Mn |
| Sep 30, 2021 | 21.34 Mn |
TH International Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=THCH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "THCH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=THCH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();