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	2,483	2,120	1,774	1,745	1,725
Gross Profit	5,731	5,429	5,302	5,097	4,859
Selling, General & Admin	3,061	2,892	2,876	2,807	2,636
Other Operating Expenses	94	134	108	103	84
Total Operating Expenses	3,155	3,026	2,984	2,910	2,720
Operating Income	2,574	2,403	2,318	2,187	2,139
Interest Expense	-501	-489	-513	-527	-544
Other Non-Operating Income (Expense)	3	-14	13	2	79
Total Non-Operating Income (Expense)	-498	-503	-500	-525	-465
Pretax Income	2,077	1,900	1,818	1,662	1,674
Provision for Income Taxes	518	414	221	337	99
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	5.28	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%
Shares Outstanding	277	279	281	282	289
Free Cash Flow	1,639	1,432	1,318	1,148	1,476
Free Cash Flow Growth	14.46%	8.65%	14.81%	-22.22%	28.91%
Free Cash Flow Per Share	5.83	5.02	4.62	3.96	4.89
Dividends Per Share	2.880	2.720	2.485	2.315	2.070
Dividend Growth	5.88%	9.46%	7.34%	11.84%	8.38%
Gross Margin	69.77%	71.92%	74.93%	74.50%	73.80%
Operating Margin	31.34%	31.83%	32.76%	31.96%	32.49%
Profit Margin	18.98%	19.68%	22.57%	19.37%	23.92%
FCF Margin	19.95%	18.97%	18.63%	16.78%	22.42%
EBITDA	2,780	2,578	2,471	2,333	2,303
EBITDA Margin	33.84%	34.15%	34.92%	34.10%	34.98%
EBIT	2,574	2,403	2,318	2,187	2,139
EBIT Margin	31.34%	31.83%	32.76%	31.96%	32.49%
Effective Tax Rate	24.94%	21.79%	12.16%	20.28%	5.91%

Updated Feb 4, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q