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Stocks / United States / YUM · Retail-Eating Places · NYSE

YUM Brands Inc. (YUM)

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YUM Brands Inc. (YUM) reported revenue of $2.2 billion for Q2 FY2026, the quarter ended 30 June 2026, up 12.2% on the same quarter a year earlier. Net income was $853 million, up 128.1% on the year, and diluted earnings per share $3.08. The figures are the company's own, from the 10-Q it filed with the SEC on 5 August 2026.

Revenue$2.2 billionup 12.2%
Net income$853 millionup 128.1%
Diluted EPS$3.08
QuarterQ2 FY2026ended 30 June 2026

Ratios

From the filings

ROEn/a
ROCEn/a
Operating margin31.0%
Net margin25.4%
FCF margin19.3%
Interest covern/a
Debt to equityn/a
Cash conversion0.94
Share count, 1 year-1.7%
Sales CAGR, 3 years6.3%
Profit CAGR, 3 years5.6%
EPS, TTM$7.95

At the close of 21 September 2026

Price$139.33
Market cap$38.0 billion
Stock P/E17.53
Price to bookn/a
EV / EBITDA15.92
Dividend yield2.0%
Market cap / sales4.36
52-week high$168.16
52-week low$135.75
Price, 1 year-4.3%
Price CAGR, 3 years3.7%
Price CAGR, 5 years2.1%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on the one borrowings figure YUM Brands Inc. files, which has finance leases inside it; operating leases are a separate line. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on YUM

Filings25 in twelve months: 17 current reports (8-K), about 7 officer or director change; 4 results of operations; 3 regulation fd disclosure; 3 other events; 3 material agreement
Planned insider sales20 Form 144 notices in twelve months, $28.7 million; latest 1 September 2026
Options tapeput/call 0.48 by open interest on 23 September 2026; the straddle prices a 5.1% move to 16 October 2026
Holders11 of the followed funds hold it; largest Geode Capital Management; 9 Schedule 13D or 13G filings in twelve months
Insider trading32 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest8.9 million shares short, 3.53 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue1,7082,0361,5981,7631,8262,3621,7871,9331,9792,5152,0592,169
Cost of revenue421535400470523727520560587816677700
Gross profit1,2871,5011,1981,2931,3031,6351,2671,3731,3921,6991,3821,469
Gross margin75%74%75%73%71%69%71%71%70%68%67%68%
Operating income613609520607619657548622666738644655
Operating margin36%30%33%34%34%28%31%32%34%29%31%30%
Pre-tax income505464383487502528429499541608516533
Tax rate18%6%18%25%24%20%41%25%27%12%16%-60%
Net income416463314367382423253374397535432853
Net margin24%23%20%21%21%18%14%19%20%21%21%39%
Diluted EPS$1.46$1.62$1.10$1.28$1.35$1.49$0.90$1.33$1.41$1.91$1.55$3.08
Operating cash flow477448363342471513404446543617416507
Capital expenditure57.010649.050.052.010671.071.094.013575.0100
Free cash flow420342314292419407333375449482341407
Buybacks0.00.00.050.027711422910936.0178185489
Dividends paid169170189188188187198197197197207206
Shares outstanding280m281m282m281m279m279m278m278m278m276m276m273m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 12 fiscal years and the trailing twelve months

FY2014 FY2015FY2016 FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue13,2796,4186,3565,8785,6885,5975,6526,5846,8427,0767,5498,2148,722
Cost of revenue9,682n/an/a2,9541,6341,2351,5061,7251,7451,7742,1202,4832,780
Gross profit3,597n/an/a2,9244,0544,3624,1464,8595,0975,3025,4295,7315,942
Gross margin27.1%n/an/a49.7%71.3%77.9%73.4%73.8%74.5%74.9%71.9%69.8%68.1%
Research and development30.0n/an/an/an/an/an/an/an/an/an/an/an/a
Operating income1,5171,4341,6822,7612,2961,9301,5032,1392,1872,3182,4032,5742,703
Operating margin11.4%22.3%26.5%47.0%40.4%34.5%26.6%32.5%32.0%32.8%31.8%31.3%31.0%
Interest expense151153331473496519558551558602542544n/a
Pre-tax income1,3741,2531,3452,2741,8391,3731,0201,6741,6621,8181,9002,0772,198
Income tax406n/an/a93429779.011699.0337221414518-19.0
Effective tax rate29.5%n/an/a41.1%16.2%5.8%11.4%5.9%20.3%12.2%21.8%24.9%-0.9%
Net income1,0511,2831,6431,3401,5421,2949041,5751,3251,5971,4861,5592,217
Net margin7.9%20.0%25.8%22.8%27.1%23.1%16.0%23.9%19.4%22.6%19.7%19.0%25.4%
Diluted EPS$2.32$2.90$4.10$3.77$4.69$4.14$2.94$5.21$4.57$5.59$5.22$5.55$7.95
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2014 FY2015FY2016 FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow2,049n/an/a1,0301,1761,3151,3051,7061,4271,6031,6892,0102,083
Capital expenditure1,033n/an/a318234196160230279285257371404
Free cash flow1,016n/an/a7129421,1191,1451,4761,1481,3181,4321,6391,679
Free cash flow margin7.7%n/an/a12.1%16.6%20.0%20.3%22.4%16.8%18.6%19.0%20.0%19.3%
Depreciation and amortisation328319310253137112146164146153175206237
Share-based compensation55.0n/an/a65.050.059.097.075.084.095.069.070.068.0
Buybacks820n/an/a1,9602,3908152391,5911,20050.0441552888
Dividends paid669n/an/a416462511566592649678752789807
Dividend per share$1.56$1.74$1.73$0.90$1.44$1.68$1.88$2.00$2.28$2.42$2.68$2.84n/a
Diluted shares, weighted453m443m400m355m329m313m307m302m290m285m285m281m277m
Shares outstanding at period endn/an/an/an/an/an/an/an/an/an/an/an/a273m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 FY2015FY2016 FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Total assets8,345n/a5,4535,3114,1305,2315,8525,9665,8466,2316,7278,1978,682
Cash and equivalents578n/a7251,522292605730486367512616709674
Inventory301n/a37.0n/an/an/an/an/an/an/an/an/an/a
Goodwill700n/a536512525530597657638642736969716
Long-term debt3,200n/an/an/an/an/an/an/an/an/an/an/an/a
Long-term debt including finance leases3,077n/a9,0619,4299,75110,13110,27211,17811,45311,14211,30611,8729,462
Borrowings, as the company tags them3,166n/a9,0939,79610,09610,57510,74111,27511,88611,21911,33711,828n/a
Operating lease liabilitiesn/an/an/an/an/a6408237937317578621,1741,139
Finance lease liabilitiesn/an/an/an/an/a70.072.064.057.050.067.0148146
Shareholders' equity1,547n/a-5,612-6,334-7,926-8,016-7,891-8,373-8,876-7,858-7,648-7,325-7,107
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded2.5%7.8%6.3%10.3%
Profit growth, compounded2.0%11.5%5.6%54.8%
Return on equity, averagen/an/an/an/a

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Retail-Eating Places

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
McDonald's Corp. MCD$175.4 billion20.14n/a46.2%6.3%n/a2.9%
Chipotle Mexican Grill Inc. CMG$41.9 billion30.4064.5%14.7%7.3%0.00n/a
YUM Brands Inc. YUM$38.0 billion17.53n/a31.0%10.3%n/a2.0%
Darden Restaurants Inc. DRI$24.1 billion20.3654.7%12.0%9.4%0.742.8%

The names on this site in the same industry (the SEC's SIC description), by market capitalisation. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close.

Filings

FilingPeriodFiledWhere
10-Q30 June 20265 August 2026EDGAR
10-Q31 March 20266 May 2026EDGAR
10-K31 December 202520 February 2026EDGAR
10-Q30 September 20257 November 2025EDGAR
10-Q30 June 20257 August 2025EDGAR
10-Q31 March 20257 May 2025EDGAR
10-K31 December 202419 February 2025EDGAR
10-Q30 September 20247 November 2024EDGAR
10-Q30 June 20248 August 2024EDGAR
10-Q31 March 20247 May 2024EDGAR

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