Yum! Brands Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	8,214	7,549	7,076	6,842	6,584
Revenue Growth (YoY)	8.81%	6.69%	3.42%	3.92%	16.49%
Cost of Revenue	4,422	3,965	3,579	3,529	3,419
Gross Profit	3,792	3,584	3,497	3,313	3,165
Selling, General & Admin	1,149	1,090	1,159	1,130	1,052
Other Operating Expenses	-50	-45	-30	47	-51
Operating Expenses	1,099	1,045	1,129	1,177	1,001
Operating Income	2,693	2,539	2,368	2,136	2,164
Interest Expense	-501	-542	-602	-558	-551
Interest & Investment Income	1	53	96	70	127
Currency Exchange Gain (Loss)	-	-6	-5	9	-8
Other Non Operating Income (Expenses)	-1	-	-	-	-
EBT Excluding Unusual Items	2,192	2,044	1,857	1,657	1,732
Merger & Restructuring Charges	-43	-79	-21	-11	-8
Gain (Loss) on Sale of Investments	-	-21	-	-	-
Other Unusual Items	-72	-44	-18	16	-50
Pretax Income	2,077	1,900	1,818	1,662	1,674
Income Tax Expense	518	414	221	337	99
Earnings From Continuing Operations	1,559	1,486	1,597	1,325	1,575
Net Income	1,559	1,486	1,597	1,325	1,575
Net Income to Common	1,559	1,486	1,597	1,325	1,575
Net Income Growth	4.91%	-6.95%	20.53%	-15.87%	74.23%
Shares Outstanding (Basic)	279	282	281	286	297
Shares Outstanding (Diluted)	281	285	285	290	302
Shares Change (YoY)	-1.40%	-	-1.72%	-3.97%	-1.63%
EPS (Basic)	5.59	5.27	5.68	4.63	5.30
EPS (Diluted)	5.55	5.22	5.59	4.57	5.21
EPS Growth	6.32%	-6.62%	22.32%	-12.28%	77.21%
Free Cash Flow	1,639	1,432	1,318	1,148	1,476
Free Cash Flow Per Share	5.83	5.03	4.63	3.96	4.89
Dividend Per Share	2.840	2.720	2.485	2.315	2.070
Dividend Growth	4.41%	9.46%	7.34%	11.84%	8.38%
Gross Margin	46.16%	47.48%	49.42%	48.42%	48.07%
Operating Margin	32.78%	33.63%	33.47%	31.22%	32.87%
Profit Margin	18.98%	19.68%	22.57%	19.37%	23.92%
Free Cash Flow Margin	19.95%	18.97%	18.63%	16.78%	22.42%
EBITDA	2,899	2,714	2,521	2,282	2,328
EBITDA Margin	35.29%	35.95%	35.63%	33.35%	35.36%
D&A For EBITDA	206	175	153	146	164
EBIT	2,693	2,539	2,368	2,136	2,164
EBIT Margin	32.78%	33.63%	33.47%	31.22%	32.87%
Effective Tax Rate	24.94%	21.79%	12.16%	20.28%	5.91%
Revenue as Reported	8,214	7,549	7,076	6,842	6,584
Advertising Expenses	-	124	94	86	95

Updated Feb 4, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q