TH International (THCH) Tax Rate (2023 - 2025)

TH International's (THCH) quarterly Tax Rate came in at 0.42% in Q4 2025, down 86.0% year-on-year from 3.0% in Q4 2024, and down 149.59% on a QoQ basis from 0.85% in Q3 2025.

TH International (THCH) Tax Rate (2023 - 2025) Analysis & Trends

TH International (THCH) has 3 years of Tax Rate data on file, last reported at 0.42% in Q4 2025.

  • On a quarterly basis, Tax Rate fell 86.0% year-over-year to 0.42% in Q4 2025; TTM through Dec 2025 was 0.12%, a 35.0% decrease from a year earlier, with the FY2025 full-year figure at 0.11%, down 35.0% from the prior year.
  • Tax Rate for Q4 2025 stood at 0.42%, down from 0.85% in the prior quarter.
  • Over the last five years, Tax Rate for THCH reached as high as 1.11% in Q2 2024 and fell as low as 0.42% in Q4 2025.
  • Historically, Tax Rate has averaged 0.41% across 3 years, with a median of 0.44% in 2024.
  • Across the five-year window, Tax Rate jumped 41 bps in 2024 and slumped 86 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 0.03% in 2023, then jumped by 1288 bps to 0.44% in 2024, then plunged by 195 bps to 0.42% in 2025.
  • Per Business Quant data, the three most recent Tax Rate figures were 0.42% in Q4 2025, 0.85% in Q3 2025, and 0.38% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Starbucks 118.28 Bn 116.58 Bn 6.32 Bn 29.84
2 Yum Brands 41.26 Bn 40.58 Bn 1.38 Bn 16.28
3 Chipotle Mexican Grill 41.21 Bn 40.34 Bn 2.61 Bn 25.38
4 Restaurant Brands International 25.26 Bn 24.25 Bn 2.14 Bn 7.87
5 Darden Restaurants 22.64 Bn 22.40 Bn 3.31 Bn 12.95
6 Yum China Holdings 15.35 Bn 13.92 Bn 2.31 Bn 27.21
7 Texas Roadhouse 12.76 Bn 12.54 Bn 1.40 Bn 14.31
8 Dominos Pizza 11.11 Bn 10.98 Bn 478.23 Mn 22.53
9 Dutch Bros 8.18 Bn 7.92 Bn 107.48 Mn 12.37
10 TH International 54.63 Mn 38.48 Mn 32.43 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 -0.42
Dec 31, 2025 -0.42
Dec 31, 2025 -0.42
Sep 30, 2025 0.85
Sep 30, 2025 0.85
Sep 30, 2025 0.85
Jun 30, 2025 0.38
Jun 30, 2025 0.38
Jun 30, 2025 0.38
Dec 31, 2024 0.44
Dec 31, 2024 0.44
Dec 31, 2024 0.44
Sep 30, 2024 0.47
Sep 30, 2024 0.47
Sep 30, 2024 0.47
Jun 30, 2024 1.11
Jun 30, 2024 1.11
Jun 30, 2024 1.11
Dec 31, 2023 0.03
Dec 31, 2023 0.03