Is Yum! Brands financially healthy?

On 30 September 2026 Yum! Brands held 2.11B USD in cash and short-term investments against total debt of 11.60B USD. Its current ratio is 0.96: what falls due within a year against what turns into cash within a year. Over the last twelve months it generated 1.62B USD of free cash flow.

Is Yum! Brands growing?

Yum! Brands's revenue grew 7.8% a year over its last five fiscal years, from 5.65B USD in fiscal year 2020 to 8.21B USD in fiscal year 2025. Over the last twelve months it was up 9.1% on the twelve months before.

Where can I find Yum! Brands's annual report (10-K)?

Yum! Brands files its annual report (Form 10-K) and its quarterly reports (Form 10-Q) with the US Securities and Exchange Commission, on its EDGAR site; the figures on these pages come from them.

Yum! Brands
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YUM

Arincen ScoreBeta72/100

72/100B

161.160

USD

-4.90

(-2.95%)

Pre Open

Fair value305.51Plus-47%157Price 161.16396

Q4 FY2026 · Earnings report

EPS estimate 1.76Revenue estimate 2.41B

Q4 FY2026 · Earnings report

Wednesday 3 February

EPS estimate 1.76Revenue estimate 2.41B

Fair value305.51Plus-47%157Price 161.16396

Q4 FY2026 · Earnings report

EPS estimate 1.76Revenue estimate 2.41B

Q4 FY2026 · Earnings report

Wednesday 3 February

EPS estimate 1.76Revenue estimate 2.41B

Overview Financials Forecast Earnings Dividends Company

Yum! Brands financials

Yes. Yum! Brands earned 3.44B USD of net income over the last twelve months, 39.1% of its revenue. It made a profit in 27 of its 28 fiscal years since 1997. Its last loss was in fiscal year 1997.

Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.: 8.80B USD
Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.: 3.44B USD
Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.: 1.62B USD
Cash and short-term investments: 2.11B USD
Total debt: 11.60B USD
Shareholders' equityWhat is a balance sheet? The balance sheet lists what a company owns (assets), what it owes (liabilities) and what is left for its shareholders (equity) on one date.: -6.17B USD

Cash, debt and equity as of 30 Sept 2026.

Yum! Brands earnings

Next earnings · Q4 FY2026

3 Feb 2027

EPS estimate

1.76 USD

Revenue estimate

2.41B USD

Last quarter · Q3 FY2026

EPS1.56Beat +3.3%Revenue2.05BBeat +0.1%

Revenue

ReportedEstimate

EPS

ReportedEstimate

Period	Report date	EPS estimate	Reported EPS	Surprise	EPS growth	Revenue estimate	Reported revenue	Surprise	Revenue growth
Q3 FY2027	—	1.66	—	—	+6.62%	2.04B	—	—	-0.83%
Q2 FY2027	—	1.63	—	—	+0.63%	2.04B	—	—	-6.01%
Q1 FY2027	—	1.45	—	—	-3.19%	1.92B	—	—	-6.63%
Q4 FY2026	3 Feb 2027	1.76	—	—	+1.73%	2.41B	—	—	-4.14%
Q3 FY2026	3 Nov 2026	1.51	1.56	+3.31%	-1.27%	2.05B	2.05B	+0.10%	+3.74%
Q2 FY2026	30 Jul 2026	1.57	1.62	+3.18%	+12.50%	2.18B	2.17B	-0.53%	+12.21%
Q1 FY2026	29 Apr 2026	1.38	1.50	+8.70%	+15.38%	2.04B	2.06B	+0.72%	+15.22%
Q4 FY2025	4 Feb 2026	1.76	1.73	-1.70%	+7.45%	2.45B	2.51B	+2.62%	+6.44%
Q3 FY2025	4 Nov 2025	1.49	1.58	+6.04%	+15.33%	2.00B	1.98B	-1.08%	+8.43%
Q2 FY2025	5 Aug 2025	1.46	1.44	-1.37%	+6.67%	1.94B	1.93B	-0.28%	+9.64%

Period	EPS estimate	Reported EPS	Surprise	EPS growth	Revenue estimate	Reported revenue	Surprise	Revenue growth
FY2028	7.80	—	—	+14.43%	9.23B	—	—	+7.28%
FY2027	6.82	—	—	+6.01%	8.60B	—	—	-1.15%
FY2026	6.43	—	—	+6.29%	8.70B	—	—	+5.92%
FY2025	6.08	6.05	-0.55%	+10.40%	8.16B	8.21B	+0.70%	+8.81%
FY2024	5.47	5.48	+0.11%	+6.00%	7.54B	7.55B	+0.14%	+6.68%
FY2023	5.32	5.17	-2.88%	+14.89%	7.14B	7.08B	-0.96%	+3.42%
FY2022	4.48	4.50	+0.50%	+0.67%	6.74B	6.84B	+1.47%	+3.92%

Yum! Brands growth and profitability

Full income statement

Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.: 8.80B USD
Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.: 3.44B USD
Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs.: 42.05%
Operating margin: 49.51%
Net margin: 39.14%

Revenue / Net income

Revenue Net income Net margin

Period	Revenue	Growth	Net income	Growth	Gross margin	Operating margin	Net margin	EBITDA	Growth
FY2025	8.21B	+8.81%	1.56B	+4.91%	46.17%	30.80%	18.98%	2.78B	+8.54%
FY2024	7.55B	+6.68%	1.49B	-6.95%	47.48%	31.83%	19.68%	2.56B	+3.22%
FY2023	7.08B	+3.42%	1.60B	+20.53%	49.41%	32.76%	22.57%	2.48B	+6.38%
FY2022	6.84B	+3.92%	1.33B	-15.87%	48.33%	31.96%	19.37%	2.34B	-1.97%
FY2021	6.58B	+16.49%	1.58B	+74.23%	48.09%	32.49%	23.92%	2.38B	+39.38%

Period	Revenue	Net income	Gross margin	Operating margin	Net margin
Q3 FY2026	2.05B	1.62B	30.92%	112.85%	79.02%
Q2 FY2026	2.17B	853.00M	47.26%	30.20%	39.33%
Q1 FY2026	2.06B	432.00M	44.68%	31.28%	20.98%
Q4 FY2025	2.51B	535.00M	44.51%	29.36%	21.28%
Q3 FY2025	1.98B	397.00M	47.02%	33.64%	20.05%

How Yum! Brands makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

KFC Global Division3.54B 43.1%

Taco Bell Global Division3.10B 37.7%

Pizza Hut Global Division1.01B 12.3%

The Habit Burger Grill Global Division570.00M 6.9%

Revenue8.21B 100.0%

Cost of revenue4.42B 53.8%

Gross profit3.79B 46.2%

Selling and administration1.26B 15.4%

Operating income2.53B 30.8%

Tax518.00M 6.3%

Other expense453.00M 5.5%

Net income1.56B 19.0%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Yum! Brands revenue breakdown

By product

FY2025

43.1%KFC Global Division37.7%Taco Bell Global Division12.3%Pizza Hut Global Division6.9%The Habit Burger Grill Global Division

Segment	Revenue	Share of revenue	Change on the year
KFC Global Division	3.54B	43.1%	+14.3%
Taco Bell Global Division	3.10B	37.7%	+8.2%
Pizza Hut Global Division	1.01B	12.3%	+0.5%
The Habit Burger Grill Global Division	570.00M	6.9%	-5.0%

By region

FY2025

73.7%US26.3%Other, Outside the U.S. and China

Region	Revenue	Share of revenue	Change on the year
US	4.53B	73.7%	—
Other, Outside the U.S. and China	1.61B	26.3%	—

Operating and free cash flow

Full cash flow statement

Operating cash flow Free cash flow

Fiscal year	Operating cash flow	Free cash flow
FY2025	2.01B	1.64B
FY2024	1.69B	1.43B
FY2023	1.60B	1.32B
FY2022	1.43B	1.15B
FY2021	1.71B	1.48B
FY2020	1.31B	1.15B
FY2019	1.32B	1.12B
FY2018	1.18B	942.00M
FY2017	1.03B	712.00M
FY2016	1.25B	826.00M

Yum! Brands financial health

Full balance sheet

Cash and short-term investments: 2.11B USD
Total debt: 11.60B USD
Net cash: -9.49B USD
Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.: 1.62B USD
Current ratioWhat is the current ratio? The current ratio is current assets divided by current liabilities: whether what a company will turn into cash within a year covers what it owes within a year.: 0.96
Piotroski scoreWhat is the Piotroski F-Score? The Piotroski F-Score rates a company's financial strength from 0 to 9: one point for each of nine tests of profit, debt and efficiency it passes.: 5 / 9
Altman Z-scoreWhat is the Altman Z-Score? The Altman Z-Score rolls five financial ratios into one number that signals a company's risk of bankruptcy: over 3 is safe, under 1.8 is distress.: 3.50

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow

Fiscal year	Cash and short-term investments	Total debt	Free cash flow
FY2025	709.00M	11.91B	1.64B
FY2024	707.00M	12.29B	1.43B
FY2023	512.00M	12.03B	1.32B
FY2022	367.00M	12.66B	1.15B
FY2021	486.00M	12.13B	1.48B

Assets, liabilities and equity

Total assets Total liabilities Shareholders' equity

Fiscal year	Total assets	Total liabilities	Shareholders' equity
FY2025	8.20B	15.52B	-7.33B
FY2024	6.73B	14.38B	-7.65B
FY2023	6.23B	14.09B	-7.86B
FY2022	5.85B	14.72B	-8.88B
FY2021	5.97B	14.34B	-8.37B
FY2020	5.85B	13.74B	-7.89B
FY2019	5.23B	13.25B	-8.02B
FY2018	4.13B	12.06B	-7.93B
FY2017	5.31B	11.65B	-6.33B
FY2016	5.48B	11.13B	-5.66B

Yum! Brands valuation

Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.: 12.85
Forward P/E (FY2026)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.: 25.06
Price to sales (TTM)What is the P/S ratio? The price-to-sales ratio compares a company's market value with its revenue over the last year: what you pay for each dollar of sales.: 5.00
EV / EBITDA (TTM)What is EV/EBITDA? EV/EBITDA compares a company's whole value, debt included and cash taken off, with a year of its earnings before interest, tax and depreciation.: 11.62

Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.

Market capitalization

43.98B USD

Total debt

11.60B USD

−

Cash and short-term investments

2.11B USD

Enterprise value

53.47B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate

Fiscal year	P/E	Forward P/E	P/S	P/B	EV/EBITDA
FY2028 (est.)	20.66	—	—	—	—
FY2027 (est.)	23.64	20.66	—	—	—
FY2026 (est.)	25.06	23.64	—	—	—
Now (TTM)	12.85	23.83	5.00	—	11.62
FY2025	27.06	23.53	5.12	-5.74	19.14
FY2024	25.41	22.05	5.01	-4.95	19.31
FY2023	23.00	24.06	5.19	-4.67	19.42
FY2022	27.66	24.06	5.35	-4.13	20.95
FY2021	26.20	31.01	6.26	-4.93	22.20

Yum! Brands against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Chipotle Mexican Grill, Restaurant Brands International, Darden Restaurants, Starbucks, Texas Roadhouse, and Domino's Pizza, the US Restaurants companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

P/E (today)Below its median12.9
12.531.6
Gross marginLowest in 5 years46.2%
46.2%49.4%
Against its peers: 2 of 7Peers' median 32.7%
Operating marginLowest in 5 years30.8%
30.8%32.8%
Against its peers: 1 of 7Peers' median 14.5%
Net marginLowest in 5 years19.0%
19.0%23.9%
Against its peers: 1 of 7Peers' median 8.7%
Free cash flow marginAbove its median20.0%
16.8%22.4%
Against its peers: 1 of 7Peers' median 11.0%
Revenue growthAbove its median8.8%
3.4%16.5%
Against its peers: 4 of 7Peers' median 7.4%
EPS growthAt its median6.5%
-12.5%77.6%
Against its peers: 3 of 7Peers' median 3.8%
Debt to EBITDALowest in 5 years4.28×
4.28×5.42×
Against its peers: 5 of 7Peers' median 3.39×
Current ratioAbove its median1.35
0.971.47
Against its peers: 2 of 7Peers' median 0.87

Figure	FY2025	5-year low – high	Against its history	Against its peers
P/E (today)	12.9	12.531.6	Below its median	—
Gross margin	46.2%	46.2%49.4%	Lowest in 5 years	2 of 7
Operating margin	30.8%	30.8%32.8%	Lowest in 5 years	1 of 7
Net margin	19.0%	19.0%23.9%	Lowest in 5 years	1 of 7
Free cash flow margin	20.0%	16.8%22.4%	Above its median	1 of 7
Revenue growth	8.8%	3.4%16.5%	Above its median	4 of 7
EPS growth	6.5%	-12.5%77.6%	At its median	3 of 7
Debt to EBITDA	4.28×	4.28×5.42×	Lowest in 5 years	5 of 7
Current ratio	1.35	0.971.47	Above its median	2 of 7

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Yum! Brands dividends

Annual dividend: 3.00 USD
Dividend yield (indicated)What is dividend yield? Dividend yield is a year of dividends as a percentage of the share price: the income a shareholder receives for each dollar invested at today's price.: 1.86%
Payout ratioWhat is the payout ratio? The payout ratio is the share of a company's earnings paid out as dividends: dividends per share divided by earnings per share (EPS).: 23.60%
Years of dividend growthWhat are years of dividend growth? The years in a row a company has raised its dividend per share. 25 years make an S&P 500 company a Dividend Aristocrat; 50 make a Dividend King.: 22
Frequency: Quarterly
Last payment: 0.75 USD
Last ex-dividend dateWhat is the ex-dividend date? The ex-dividend date is the first day a stock trades without its next dividend: buy before it to receive the payment; buy on or after it and the seller gets it.: 9 Sept 2026
Last payment date: 18 Sept 2026

Dividends per share

Year	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Dividends per share	2.84	2.68	2.42	2.28	2.00	1.88	1.68	1.44	1.20	1.36

Yum! Brands ownership

InstitutionsWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.: 88.77%
Institutional holders: 1,474 (-10)
Free floatWhat is free float? Free float is the part of a company's shares that anyone can buy and sell: all its shares minus those held by insiders, founders and owners of over 5%.: 99.85%

Who owns the shares

Institutions 88.8% Others 11.2%

As of 30 Jun 2026

Shares free to trade

Free float 272.50M shares ·99.9% Closely held 397.71K shares ·0.1%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

Quarter	Sales	Shares acquired	Shares disposed of
Q4 2026	6	27.62K	56.44K
Q3 2026	9	29.19K	65.63K
Q2 2026	16	5.69K	17.76K
Q1 2026	8	296.78K	68.37K

Shares outstanding

Basic shares Diluted shares Change in diluted shares

Fiscal year	Basic shares	Diluted shares	Change in diluted shares
FY2025	278.00M	278.00M	-2.46%
FY2024	282.00M	285.00M	0.00%
FY2023	281.00M	285.00M	-1.72%
FY2022	286.00M	290.00M	-3.97%
FY2021	297.00M	302.00M	-1.63%

Common questions about Yum! Brands's financials

Source: Financial Modeling Prep

Yum! Brands
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YUM

Yum! Brands financials

Yum! Brands earnings

Revenue

EPS

Yum! Brands growth and profitability

Revenue / Net income

How Yum! Brands makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Yum! Brands revenue breakdown

By product

By region

Operating and free cash flow

Yum! Brands financial health

Cash, debt and free cash flow

Assets, liabilities and equity

Yum! Brands valuation

Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.

Valuation over time

Yum! Brands against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.

Yum! Brands dividends

Dividends per share

Yum! Brands ownership

Who owns the shares

Shares free to trade

Insider trading

Shares outstanding

Common questions about Yum! Brands's financials

Is Yum! Brands profitable?

Is Yum! Brands financially healthy?

Is Yum! Brands growing?

Where can I find Yum! Brands's annual report (10-K)?

Need help?

Yum! Brands DQuotes are delayed by 15 minutes

YUM

Yum! Brands financials

Yum! Brands earnings

Revenue

EPS

Yum! Brands growth and profitability

Revenue / Net income

How Yum! Brands makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Yum! Brands revenue breakdown

By product

By region

Operating and free cash flow

Yum! Brands financial health

Cash, debt and free cash flow

Assets, liabilities and equity

Yum! Brands valuation

Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.

Valuation over time

Yum! Brands against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.

Yum! Brands dividends

Dividends per share

Yum! Brands ownership

Who owns the shares

Shares free to trade

Insider trading

Shares outstanding

Common questions about Yum! Brands's financials

Is Yum! Brands profitable?

Is Yum! Brands financially healthy?

Is Yum! Brands growing?

Where can I find Yum! Brands's annual report (10-K)?

Need help?

Yum! Brands
D
Quotes are delayed by 15 minutes