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Yum China Holdings, Inc. (YUMC)

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Yum China Holdings, Inc. (YUMC) reported revenue of $3.1 billion for Q2 FY2026, the quarter ended 30 June 2026, up 12.6% on the same quarter a year earlier. Net income was $244 million, up 13.5% on the year, and diluted earnings per share $0.70. The figures are the company's own, from the 10-Q it filed with the SEC on 10 August 2026.

Revenue$3.1 billionup 12.6%
Net income$244 millionup 13.5%
Diluted EPS$0.70
QuarterQ2 FY2026ended 30 June 2026

Yum China Holdings (YUMC) in brief

Yum China Holdings (YUMC) reported revenue of $11.8 billion for fiscal 2025, the year ended 31 December 2025, up 4.4% on the year before.
Read moreNet income was $929 million and diluted earnings per share $2.51. Revenue was $11.3 billion in fiscal 2024, $11.0 billion in fiscal 2023, $9.6 billion in fiscal 2022 and $9.9 billion in fiscal 2021. Net income in the same years was $911 million, $827 million, $442 million and $990 million. Over the twelve months to 30 June 2026, Yum China Holdings reported revenue of $12.4 billion and net income of $975 million. Revenue grew 7.4% a year, compounded, over the five years to fiscal 2025. Yum China Holdings declared $1.06 a share in dividends over the last four quarters and had 345 million shares outstanding at the latest filed count. At 30 June 2026 it carried $66 million of debt and $485 million of cash. At the close of 27 October 2026 the market cap of Yum China Holdings was $15.7 billion, 16.6 times its earnings over the last twelve months.

Ratios

From the filings

ROE18.2%
ROCE25.5%
Operating margin11.1%
Net margin7.8%
FCF margin7.6%
Interest covern/a
Debt to equity0.01
Cash conversion1.62
Share count, last 12 months-7.0%
Sales CAGR, 3 years7.2%
Profit CAGR, 3 years28.1%
EPS, TTM$2.73

At the close of 27 October 2026

Price$45.42
Market cap$15.7 billion
Stock P/E16.64
Price to book2.93
EV / EBITDA8.25
Dividend yield2.3%
Market cap / sales1.26
52-week high$57.95
52-week low$39.98
Price, 1 year2.2%
Price CAGR, 3 years-4.7%
Price CAGR, 5 years-4.7%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the borrowing lines of Yum China Holdings, Inc.'s balance sheet, added together, finance leases inside them only where the company puts them there; operating leases are a separate line. Nothing here is a valuation or a view.
YUMCgreeksoup.ai
Daily prices to 27 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. 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. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on YUMC

Dividends$1.06 a share over the four quarters to 30 June 2026, a 2.33% yield
Filings23 in twelve months: 15 current reports (8-K), about 7 regulation FD disclosure; 4 results of operations; 3 material agreement; 1 acquisition or disposition completed; 1 new financial obligation
Planned insider sales11 Form 144 notices in twelve months, $10.8 million; latest 18 August 2026
Options tapeput/call 0.42 by open interest at the 27 October 2026 close; the straddle prices a 7.2% move to 20 November 2026
13F holders665 funds reported a position for the quarter to 30 June 2026; largest JPMorgan Chase & Co.
Insider trading16 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest5.9 million shares short, 3.27 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 20 quarters

Q3 FY2021Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue2,5542,2912,6682,1282,6852,0882,9172,6542,9142,4932,9582,6793,0712,5952,9812,7873,2062,8233,2713,138
Operating income17863319181.031641.0416257323110374266371151399304400187447348
Operating margin7%28%7%4%12%2%14%10%11%4%13%10%12%6%13%11%12%7%14%11%
Pre-tax income15563516611532680.0437286365138420305436170428311413206452354
Tax rate28%25%33%27%30%30%29%25%27%24%27%25%27%28%28%26%28%27%27%26%
Net income10447510083.020653.028919724497.0287212297115292215282140309244
Net margin4%21%4%4%8%3%10%7%8%4%10%8%10%4%10%8%9%5%9%8%
Diluted EPS$0.24$1.09$0.23$0.20$0.49$0.13$0.68$0.47$0.58$0.23$0.71$0.55$0.77$0.30$0.77$0.58$0.76$0.40$0.87$0.70
Operating cash flow30157.017143872084.0507417410139442401409167452412477125550426
Capital expenditure179207205142162170179153167211189169165182137122126241144127
Free cash flow122-150-34.0296558-86.0328264243-72.0253232244-15.0315290351-116406299
Buybacksn/an/a22417611.055.060.062.0158333679190188192173195324452218312
Dividends paid51.051.051.050.051.050.054.054.054.054.064.062.061.061.090.090.088.085.0102101
Shares outstanding424m428m423m420m419m419m418m417m415m407m392m386m381m378m375m371m364m354m351m345m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* 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. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. 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.

Income statement (profit and loss), 12 fiscal years and the trailing twelve months

FY2014FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue6,9346,9097,0757,7698,4158,7768,2639,8539,56910,97811,30311,79712,438
Cost of revenue6,0295,9315,6105,829n/an/an/an/an/an/an/an/an/a
Gross profit905978n/an/an/an/an/an/an/an/an/an/an/a
Gross margin13.1%14.2%n/an/an/an/an/an/an/an/an/an/an/a
Research and development5.05.05.05.04.04.03.06.06.06.06.08.0n/a
Operating income3.04886347789419019611,3866291,1061,1621,2901,382
Operating margin0.0%7.1%9.0%10.0%11.2%10.3%11.6%14.1%6.6%10.1%10.3%10.9%11.1%
Pre-tax income17.04966668039501,0031,1081,3926871,2261,3311,3581,425
Income tax54.0168156379214260295369207329356369385
Effective tax rate317.6%33.9%23.4%47.2%22.5%25.9%26.6%26.5%30.1%26.8%26.7%27.2%27.0%
Net income-7.0323498398708713784990442827911929975
Net margin-0.1%4.7%7.0%5.1%8.4%8.1%9.5%10.0%4.6%7.5%8.1%7.9%7.8%
Diluted EPS-$0.02$0.89$1.35$1.00$1.79$1.84$1.95$2.28$1.04$1.97$2.33$2.51$2.73
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree 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.

Revenue by product or service FY2023 to FY2025

FY2023FY2024FY2025Share
of the parts, latest year
Company Sales10,39110,65111,03993.6%
Transactions With Franchisees3724205024.3%
Other Revenues1261381521.3%
Franchise89941040.9%
Company SalesTransactions With FranchiseesOther RevenuesFranchise
11.0FY202311.3FY202411.8FY2025

$ billion; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2014FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow7759138668841,3331,1851,1141,1311,4131,4731,4191,4661,578
Capital expenditure525512436415470435419689679710705626638
Free cash flow250401430469863750695442734763714840940
Free cash flow margin3.6%5.8%6.1%6.0%10.3%8.5%8.4%4.5%7.7%7.0%6.3%7.1%7.6%
Cash from investing-512-493-471-557-552-910-3,109-855-522-743-178-5.020.0
Cash from financing-319-21693.0-185-518-4802,058-313-844-716-1,636-1,689-1,719
Depreciation and amortisation411425402409445428450516602453476448466
Share-based compensation13.014.016.026.024.026.036.041.042.064.041.042.043.0
Buybacksn/an/an/a1283072658.075.04666131,2491,1441,306
Dividends paidn/an/an/a38.016118195.0203202216248353376
Dividend per sharen/an/an/a$0.10$0.42$0.48$0.24$0.48$0.48$0.52$0.64$0.96n/a
Diluted shares, weighted364m364m369m398m395m388m402m434m425m420m390m371m349m
Shares outstanding at period endn/an/a383m385m379m376m420m428m419m407m378m354m345m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe 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

FY2014FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equityn/a1,9212,3772,7652,8733,0776,2067,0566,4826,4055,7285,3795,357
Non-controlling interestn/a58.066.077.010398.0253852666701686720704
Redeemable equityn/a6.0n/a5.01.0n/a12.014.012.013.013.00.00.0
Debtn/an/an/an/an/an/a0.00.02.016812730.066.0
Operating lease liabilitiesn/an/an/an/an/a1,8031,9152,2861,9061,8991,8161,8231,747
Finance lease liabilitiesn/an/an/an/a25.026.028.040.042.044.049.051.050.0
Other liabilitiesn/a1,2161,2841,4401,6081,9462,4612,9752,7162,8012,7022,7802,947
Total liabilities and equityn/a3,2013,7274,2874,6106,95010,87513,22311,82612,03111,12110,78310,871
Owned
Fixed assetsn/a1,8411,6471,6911,6151,5941,7652,2512,1182,3102,4072,5432,623
Goodwilln/a85.079.01082662548322,1421,9881,9321,8801,9632,021
Intangible assetsn/a10788.010111694.0246272159150144148151
Investmentsn/an/a79.02051226113,1052,8602,0221,4721,121878901
Cash and equivalents2384258851,0591,2661,0461,1581,1361,1301,128723506485
Receivablesn/a33.074.079.080.088.099.067.064.068.079.095.0115
Inventoryn/a189268297307380398432417424405438459
Other assetsn/a5216077478382,8833,2724,0633,9284,5474,3624,2124,116
Total assetsn/a3,2013,7274,2874,6106,95010,87513,22311,82612,03111,12110,78310,871
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.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded5.5%7.4%7.2%8.8%
Profit growth, compounded11.1%3.5%28.1%6.1%
Return on equity, average16.3%13.4%15.4%17.3%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn 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.

Questions

What was Yum China Holdings' revenue in fiscal 2025?

Yum China Holdings (YUMC) reported revenue of $11.8 billion for fiscal 2025, the year ended 31 December 2025, up 4.4% on the year before.

How much did Yum China Holdings earn in fiscal 2025?

Net income was $929 million for fiscal 2025, and diluted earnings per share $2.51.

What is Yum China Holdings' P/E ratio?

At the close of 27 October 2026, Yum China Holdings traded at 16.6 times its earnings over the twelve months to 30 June 2026.

What is Yum China Holdings' market cap?

The market cap of Yum China Holdings was $15.7 billion at the close of 27 October 2026.

Does Yum China Holdings pay a dividend?

Yes. Yum China Holdings declared $1.06 a share in dividends over the four quarters to 30 June 2026.

Peers: Restaurants, Hotels, Motels

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
McDonald's Corp. MCD$176.6 billion20.27n/a46.2%6.3%n/a2.9%
Yum! Brands, Inc. YUM$40.8 billion18.81n/a31.0%10.3%n/a2.0%
Chipotle Mexican Grill Inc. CMG$35.4 billion25.6764.5%14.7%7.3%0.00n/a
Restaurant Brands International Inc. QSR$25.8 billion19.9533.1%26.9%6.5%3.443.4%
Darden Restaurants Inc. DRI$24.2 billion20.9257.2%11.7%8.1%1.262.9%
Yum China Holdings, Inc. YUMC$15.7 billion16.6418.2%11.1%8.8%0.012.3%
Aramark ARMK$14.6 billion38.8211.3%4.4%11.0%1.810.9%
Texas Roadhouse, Inc. TXRH$10.9 billion26.6726.5%7.7%9.9%0.031.7%
Brinker International, Inc. EAT$8.3 billion18.07109.8%10.7%7.9%0.950.6%
Cava Group, Inc. CAVA$6.1 billion94.297.9%5.2%26.8%0.00n/a
Cheesecake Factory Inc. CAKE$5.4 billion29.3934.4%5.3%5.7%1.081.1%
Wingstop Inc. WING$3.4 billion29.42n/a27.9%7.6%n/a1.0%
All 39 in Restaurants, Hotels, Motels
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
McDonald's Corp. MCD$176.6 billion20.27n/a46.2%6.3%n/a2.9%
Starbucks Corp. SBUX$117.5 billion59.22n/a7.8%4.5%n/a2.4%
Marriott International Inc. MAR$101.8 billion40.44n/a15.8%4.7%n/a0.7%
Hilton Worldwide Holdings Inc. HLT$76.9 billion46.61n/a24.0%8.1%n/a0.2%
Yum! Brands, Inc. YUM$40.8 billion18.81n/a31.0%10.3%n/a2.0%
Chipotle Mexican Grill Inc. CMG$35.4 billion25.6764.5%14.7%7.3%0.00n/a
Restaurant Brands International Inc. QSR$25.8 billion19.9533.1%26.9%6.5%3.443.4%
InterContinental Hotels Group PLC IHG *$25.2 billion34.09n/a23.1%5.4%n/a1.1%
Darden Restaurants Inc. DRI$24.2 billion20.9257.2%11.7%8.1%1.262.9%
Las Vegas Sands Corp. LVS$22.6 billion14.80n/a20.9%10.9%n/a3.2%
Hyatt Hotels Corp. H$16.7 billion210.782.4%n/a5.8%1.290.3%
Yum China Holdings, Inc. YUMC$15.7 billion16.6418.2%11.1%8.8%0.012.3%
Aramark ARMK$14.6 billion38.8211.3%4.4%11.0%1.810.9%
Texas Roadhouse, Inc. TXRH$10.9 billion26.6726.5%7.7%9.9%0.031.7%
Brinker International, Inc. EAT$8.3 billion18.07109.8%10.7%7.9%0.950.6%
Wynn Resorts Ltd. WYNN$7.5 billion17.97n/a15.7%6.4%n/a1.4%
MGM Resorts International MGM$7.0 billion16.9516.9%5.7%3.2%2.410.0%
Dutch Bros Inc. BROS$6.4 billion57.8311.6%9.6%29.6%0.25n/a
Cava Group, Inc. CAVA$6.1 billion94.297.9%5.2%26.8%0.00n/a
Caesars Entertainment, Inc. CZR$5.9 billionn/a-16.3%15.4%3.1%3.56n/a
Cheesecake Factory Inc. CAKE$5.4 billion29.3934.4%5.3%5.7%1.081.1%
Wyndham Hotels & Resorts, Inc. WH$5.3 billion27.1142.5%29.2%0.8%5.742.3%
Boyd Gaming Corp. BYD$5.3 billion3.1672.7%16.4%1.7%1.051.1%
Choice Hotels International Inc. CHH$4.9 billion15.42230.9%25.2%2.6%14.081.1%
Travel & Leisure Co. TNL$4.1 billion18.08n/a13.0%4.6%n/a3.5%
Park Hotels & Resorts Inc. PK$3.4 billionn/a-5.3%2.0%-1.4%1.276.0%
Wingstop Inc. WING$3.4 billion29.42n/a27.9%7.6%n/a1.0%
Red Rock Resorts, Inc. RRR$2.9 billion17.5798.7%27.7%0.9%20.932.0%
Hilton Grand Vacations Inc. HGV$2.8 billion20.1913.7%9.9%5.4%7.05n/a
Shake Shack Inc. SHAK$2.7 billion68.707.3%3.6%17.3%0.46n/a
Sunstone Hotel Investors, Inc. SHO$2.4 billion57.982.2%9.1%7.3%0.522.8%
Monarch Casino & Resort Inc. MCRI$2.1 billion18.4919.9%25.1%5.1%0.001.0%
Penn Entertainment, Inc. PENN$2.0 billionn/a-48.7%-7.9%6.1%1.51n/a
Xenia Hotels & Resorts, Inc. XHR$1.9 billionn/a-0.7%6.7%1.6%1.222.8%
Cracker Barrel Old Country Store, Inc. CBRL$1.5 billion48.696.6%-0.4%-4.7%0.711.5%
BJs Restaurants Inc. BJRI$1.2 billion30.7110.3%2.7%3.5%0.110.9%
Wendy's Co. WEN$1.2 billion9.30104.6%13.6%-1.0%22.829.1%
Papa John's International, Inc. PZZA$594 million22.85n/a4.3%-5.6%n/a10.2%
Black Rock Coffee Bar, Inc. BRCB$221 million148.571.3%1.0%n/a0.58n/a
14 companies share its SEC industry code (Retail-Eating Places); the rest are the names nearest in size in its wider industry, Restaurants, Hotels, Motels, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202610 August 2026EDGAR
10-Q31 March 20268 May 2026EDGAR
10-K31 December 202527 February 2026EDGAR
10-Q30 September 202510 November 2025EDGAR
10-Q30 June 202511 August 2025EDGAR
10-Q31 March 20259 May 2025EDGAR
10-K31 December 202427 February 2025EDGAR
10-Q30 September 20248 November 2024EDGAR
10-Q30 June 20249 August 2024EDGAR
10-Q31 March 20248 May 2024EDGAR