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| Date | Value |
|---|---|
| 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 |