Yum! Brands, Inc. (YUM)

Yum! Brands Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	7,076	6,842	6,584	5,652	5,597
Revenue Growth (YoY)	3.42%	3.92%	16.49%	0.98%	-1.60%
Cost of Revenue	3,580	3,535	3,418	2,965	2,783
Gross Profit	3,496	3,307	3,166	2,687	2,814
Selling, General & Admin	1,193	1,140	1,060	1,064	917
Other Operating Expenses	-15	-20	-33	120	-33
Operating Expenses	1,178	1,120	1,027	1,184	884
Operating Income	2,318	2,187	2,139	1,503	1,930
Interest Expense / Income	513	527	544	543	486
Other Expense / Income	-13	-2	-79	-60	71
Pretax Income	1,818	1,662	1,674	1,020	1,373
Income Tax	221	337	99	116	79
Net Income	1,597	1,325	1,575	904	1,294
Net Income Growth	20.53%	-15.87%	74.23%	-30.14%	-16.08%
Shares Outstanding (Basic)	280	282	293	302	302
Shares Change	-0.49%	-3.90%	-2.83%	-0.26%	-3.15%
EPS (Basic)	5.68	4.63	5.30	2.99	4.23
EPS (Diluted)	5.59	4.57	5.21	2.94	4.14
EPS Growth	22.32%	-12.28%	77.21%	-28.99%	-11.73%
Free Cash Flow	1,318	1,148	1,476	1,145	1,119
Free Cash Flow Per Share	4.70	4.08	5.04	3.80	3.70
Dividend Per Share	2.420	2.280	2.000	1.880	1.680
Dividend Growth	6.14%	14.00%	6.38%	11.90%	16.67%
Gross Margin	49.41%	48.33%	48.09%	47.54%	50.28%
Operating Margin	32.76%	31.96%	32.49%	26.59%	34.48%
Profit Margin	22.57%	19.37%	23.92%	15.99%	23.12%
Free Cash Flow Margin	18.63%	16.78%	22.42%	20.26%	19.99%
Effective Tax Rate	12.16%	20.28%	5.91%	11.37%	5.75%
EBITDA	2,484	2,335	2,382	1,709	1,971
EBITDA Margin	35.10%	34.13%	36.18%	30.24%	35.22%
Depreciation & Amortization	153	146	164	146	112
EBIT	2,331	2,189	2,218	1,563	1,859
EBIT Margin	32.94%	31.99%	33.69%	27.65%	33.21%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).