TH International (THCH) Tax Rate (2021 - 2026)
TH International (THCH) posted quarterly Tax Rate of 0.42% for Q4 2025, down 86.0% year-over-year from 3.0% in Q4 2024, and down 149.59% quarter-over-quarter from 0.85% in Q3 2025.
Analysis
TH International (THCH) Tax Rate (2021 - 2026) Analysis & Trends
TH International (THCH) has reported Tax Rate for 3 consecutive years, with 0.42% the latest figure, recorded in Q4 2025.
- In Q4 2025, Tax Rate fell 86.0% year-over-year to 0.42%; the TTM figure through Dec 2025 stood at 0.12% (down 35.0% YoY), while the FY2025 annual figure was 0.11%, down 35.0% from the prior year.
- Tax Rate retreated to 0.42% in Q4 2025 per THCH's latest filing, from 0.85% in the prior quarter.
- Across five years, Tax Rate topped out at 1.11% in Q2 2024 and bottomed at 0.42% in Q4 2025.
- Historically, Tax Rate has averaged 0.41% across 3 years, with a median of 0.44% in 2024.
- Annual changes were most pronounced in 2024 — Tax Rate soared 41 bps — and 2025, when it plunged 86 bps.
- TH International's Tax Rate stood at 0.03% in 2023, then surged by 1288 bps to 0.44% in 2024, then plunged by 195 bps to 0.42% in 2025.
- Business Quant data shows THCH's Tax Rate at 0.42% in Q4 2025, 0.85% in Q3 2025, and 0.38% in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 182.10 Bn | 181.28 Bn | 6.42 Bn | 19.55% |
| 2 | Starbucks | 119.84 Bn | 116.23 Bn | 6.49 Bn | 26.38% |
| 3 | Chipotle Mexican Grill | 47.60 Bn | 46.92 Bn | 2.35 Bn | 24.33% |
| 4 | Yum Brands | 41.71 Bn | 41.04 Bn | 1.47 Bn | -60.04% |
| 5 | Restaurant Brands International | 28.15 Bn | 27.08 Bn | 1.89 Bn | -12.33% |
| 6 | Darden Restaurants | 25.16 Bn | 24.94 Bn | 3.68 Bn | 12.41% |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | -12.33% |
| 8 | Yum China Holdings | 15.21 Bn | 13.82 Bn | 2.22 Bn | 25.99% |
| 9 | Texas Roadhouse | 12.46 Bn | 12.25 Bn | 1.44 Bn | 13.53% |
| 10 | TH International | 43.90 Mn | 26.12 Mn | 37.59 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 100.00% |
| Dec 31, 2025 | 0.00% |
| Jun 30, 2025 | 0.38% |
| Mar 31, 2025 | 99.83% |
| Dec 31, 2024 | 0.44% |
| Sep 30, 2024 | 0.47% |
| Jun 30, 2024 | 1.11% |
| Dec 31, 2023 | 0.03% |
| Jun 30, 2023 | 100.00% |
| Mar 31, 2023 | 100.00% |
| Dec 31, 2022 | 100.00% |
| Sep 30, 2022 | 100.00% |
| Jun 30, 2022 | 100.00% |
| Mar 31, 2022 | 100.00% |
| Dec 31, 2021 | 100.00% |
| Sep 30, 2021 | 100.00% |