TH International (THCH) Shares Outstanding (Diluted) (2021 - 2026)
TH International (THCH) reported Shares Outstanding (Diluted) of 32.52 million for the quarter ended Jun 30, 2026, up 0.2% from 32.44 million a year earlier and unchanged from the prior quarter.
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Analysis
TH International (THCH) Shares Outstanding (Diluted) (2021 - 2026) Analysis & Trends
Dating back to the quarter ended Sep 30, 2021, TH International's Shares Outstanding (Diluted) record includes 20 quarters.
- Shares Outstanding (Diluted) has increased for five consecutive years, with a five-year compound annual growth rate of 8.8% (years ended Dec 2020 to Dec 2025).
- By year, Shares Outstanding (Diluted) 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%).
- Year over year, Shares Outstanding (Diluted) has now increased in each of the last 16 quarters, with growth averaging 5.2% over the last eight quarters.
- Over the past five years, the year-over-year growth in Shares Outstanding (Diluted) ranged from 0.2% (the quarter ended Dec 31, 2025) to 20.4% (the quarter ended Sep 30, 2024).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 199.07 Bn | 195.11 Bn | 6.47 Bn | 708.30 Mn |
| 2 | Starbucks | 125.34 Bn | 125.35 Bn | - | 1.14 Bn |
| 3 | Chipotle Mexican Grill | 45.50 Bn | 42.00 Bn | - | 1.27 Bn |
| 4 | Yum Brands | 42.97 Bn | 38.79 Bn | 1.38 Bn | 274.00 Mn |
| 5 | Restaurant Brands International | 27.07 Bn | 24.44 Bn | 1.40 Bn | 457.00 Mn |
| 6 | Darden Restaurants | 25.87 Bn | 24.97 Bn | 1.68 Bn | 114.40 Mn |
| 7 | Restaurant Brands International Limited Partnership | 24.67 Bn | 20.46 Bn | 1.40 Bn | 335.00 Mn |
| 8 | Yum China Holdings | 16.86 Bn | 11.73 Bn | 652.00 Mn | 343.00 Mn |
| 9 | Texas Roadhouse | 12.35 Bn | 11.68 Bn | 1.02 Bn | 65.79 Mn |
| 10 | TH International | 39.89 Mn | -25.98 Mn | 34.74 Mn | 32.52 Mn |
Historic Data
Download Data
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 |
API Access
TH International Shares Outstanding (Diluted) 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-diluted&ticker=THCH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=THCH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();