YUM

MKT CAP:$44B

Yum! Brands, Inc.

Market Cap

$44B

Consumer Cyclical·Restaurants·🇺🇸 United States·NYSE

Consumer Cyc.·Restaurants·🇺🇸·NYSE

Stock Price

$160.12+$9.63 (+6.40%)

Apr 24, 2026

Company Details

YUM! Brands, Inc., together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates through four segments: the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Bu...

CEO

Christopher Lee Turner

IPO Date

Sep 17, 1997

Website

www.yum.com

Key Metrics TTM

Revenue

$8.2B

+8.8% YoY

Net Income

$1.6B

EPS (Diluted)

$5.56

Free Cash Flow

$1.6B

Revenue / Share

$29.54

Gross Margin

46.2%

Operating Margin

31.3%

Net Margin

19.0%

FCF Margin

20.0%

P/S

5.4x

P/E

28.4x

Earnings Reports

Q1 2026

Apr 29, 2026

PENDING

FY 2025

Feb 20, 2026

$8.2B+8.8%EPS $5.56

Q4 2025

Feb 20, 2026

$2.5B+6.4%EPS $1.92

Q3 2025

Nov 7, 2025

$2.0B+8.4%EPS $1.41

Q2 2025

Aug 7, 2025

$1.9B+9.6%EPS $1.33

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$1.5B	$752M	$509M
Q2 22	$1.6B	$796M	$554M
Q3 22	$1.6B	$814M	$546M
Q4 22	$2.0B	$945M	$578M
Q1 23	$1.6B	$811M	$523M
Q2 23	$1.7B	$852M	$573M
Q3 23	$1.7B	$860M	$613M
Q4 23	$2.0B	$973M	$609M
Q1 24	$1.6B	$800M	$520M
Q2 24	$1.8B	$869M	$607M
Q3 24	$1.8B	$866M	$619M
Q4 24	$2.4B	$1.0B	$657M
Q1 25	$1.8B	$837M	$548M
Q2 25	$1.9B	$905M	$622M
Q3 25	$2.0B	$931M	$666M
Q4 25	$2.5B	$1.1B	$738M

Valuation

Quarter	P/S	P/E
Q1 22	5.3x	21.3x
Q2 22	5.0x	22.4x
Q3 22	4.6x	24.0x
Q4 22	5.3x	27.5x
Q1 23	5.4x	30.5x
Q2 23	5.5x	27.2x
Q3 23	5.0x	23.4x
Q4 23	5.1x	22.7x
Q1 24	5.6x	24.6x
Q2 24	5.1x	23.4x
Q3 24	5.4x	25.6x
Q4 24	5.0x	25.2x
Q1 25	5.7x	30.8x
Q2 25	5.2x	28.8x
Q3 25	5.3x	29.6x
Q4 25	5.2x	27.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$253M	$211M
Q2 22	$269M	$214M
Q3 22	$453M	$392M
Q4 22	$452M	$331M
Q1 23	$349M	$287M
Q2 23	$329M	$269M
Q3 23	$477M	$420M
Q4 23	$448M	$342M
Q1 24	$363M	$314M
Q2 24	$342M	$292M
Q3 24	$471M	$419M
Q4 24	$513M	$407M
Q1 25	$404M	$333M
Q2 25	$448M	$377M
Q3 25	$543M	$449M
Q4 25	$617M	$482M

Capital Expenditures

Quarter	CapEx
Q1 22	$42M
Q2 22	$55M
Q3 22	$61M
Q4 22	$121M
Q1 23	$62M
Q2 23	$60M
Q3 23	$57M
Q4 23	$106M
Q1 24	$49M
Q2 24	$50M
Q3 24	$52M
Q4 24	$106M
Q1 25	$71M
Q2 25	$71M
Q3 25	$94M
Q4 25	$135M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+4.1%	+10.1%
Q2 22	+2.1%	+4.5%
Q3 22	+2.1%	+1.4%
Q4 22	+6.8%	+3.8%
Q1 23	+6.3%	+8.1%
Q2 23	+3.1%	+3.0%
Q3 23	+4.1%	+0.1%
Q4 23	+0.8%	-1.0%
Q1 24	-2.9%	-3.9%
Q2 24	+4.5%	+3.8%
Q3 24	+6.9%	+10.2%
Q4 24	+16.0%	+19.5%
Q1 25	+11.8%	+14.9%
Q2 25	+9.6%	+13.3%
Q3 25	+8.4%	+8.9%
Q4 25	+6.4%	+4.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$26M	1.7%
Q2 22	$19M	1.2%
Q3 22	$19M	1.2%
Q4 22	$20M	1.0%
Q1 23	$25M	1.5%
Q2 23	$22M	1.3%
Q3 23	$22M	1.3%
Q4 23	$26M	1.3%
Q1 24	$23M	1.4%
Q2 24	$15M	0.9%
Q3 24	$14M	0.8%
Q4 24	$17M	0.7%
Q1 25	$21M	1.2%
Q2 25	$16M	0.8%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A
Q1 22	$253M
Q2 22	$254M
Q3 22	$261M
Q4 22	$372M
Q1 23	$282M
Q2 23	$291M
Q3 23	$267M
Q4 23	$353M
Q1 24	$286M
Q2 24	$281M
Q3 24	$263M
Q4 24	$351M
Q1 25	$302M
Q2 25	$302M
Q3 25	$282M
Q4 25	$377M

Revenue Segments

Quarter	KFC Global Division	Pizza Hut Global Division	Taco Bell Global Division	The Habit Burger Grill Global Division
Q1 25	$773M	$231M	$657M	$128M
Q2 25	$849M	$239M	$711M	$134M
Q3 25	$879M	$240M	$730M	$134M
Q4 25	$1.0B	$303M	$997M	$174M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$365M	$0	$365M
Q2 22	$412M	$0	$412M
Q3 22	$410M	$0	$410M
Q4 22	$367M	$0	$367M
Q1 23	$349M	$0	$349M
Q2 23	$437M	$0	$437M
Q3 23	$656M	$0	$656M
Q4 23	$512M	$0	$512M
Q1 24	$652M	$0	$652M
Q2 24	$404M	$116M	$520M
Q3 24	$457M	$91M	$548M
Q4 24	$616M	$91M	$707M
Q1 25	$607M	$0	$607M
Q2 25	$677M	$0	$677M
Q3 25	$1.0B	$0	$1.0B
Q4 25	$709M	$0	$709M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	294M	-1.3%	-3.6%
Q2 22	290M	-1.4%	-4.6%
Q3 22	289M	-0.3%	-4.3%
Q4 22	287M	-0.7%	-3.7%
Q1 23	285M	-0.7%	-3.1%
Q2 23	286M	+0.4%	-1.4%
Q3 23	286M	0.0%	-1.0%
Q4 23	285M	-0.3%	-0.7%
Q1 24	286M	+0.4%	+0.4%
Q2 24	286M	0.0%	0.0%
Q3 24	285M	-0.3%	-0.3%
Q4 24	283M	-0.7%	-0.7%
Q1 25	282M	-0.4%	-1.4%
Q2 25	281M	-0.4%	-1.7%
Q3 25	281M	0.0%	-1.4%
Q4 25	278M	-1.1%	-1.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$43.0K	36K
Q2 22	$45.4K	36K
Q3 22	$45.6K	36K
Q4 22	$56.1K	36K
Q1 23	$45.7K	36K
Q2 23	$46.9K	36K
Q3 23	$47.4K	36K
Q4 23	$58.2K	35K
Q1 24	$45.7K	35K
Q2 24	$50.4K	35K
Q3 24	$52.2K	35K
Q4 24	$59.0K	40K
Q1 25	$44.7K	40K
Q2 25	$48.3K	40K
Q3 25	$49.5K	40K
Q4 25	$51.3K	49K

Revenue / Employee