Yum China Holdings 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	11,797	11,303	10,978	9,569	9,853
Revenue Growth (YoY)	4.37%	2.96%	14.72%	-2.88%	19.24%
Cost of Revenue	9,236	8,972	8,701	7,829	7,734
Gross Profit	2,561	2,331	2,277	1,740	2,119
Selling, General & Admin	581	568	638	594	564
Other Operating Expenses	690	601	533	517	169
Total Operating Expenses	1,271	1,169	1,171	1,111	733
Operating Income	1,290	1,162	1,106	629	1,386
Interest Income	92	129	169	84	60
Other Non-Operating Income (Expense)	-9	45	-45	-28	-54
Total Non-Operating Income (Expense)	83	174	124	56	6
Pretax Income	1,358	1,331	1,226	687	1,392
Provision for Income Taxes	369	356	329	207	369
Net Income	929	911	827	442	990
Minority Interest in Earnings	75	69	74	36	33
Net Income to Common	929	911	827	442	990
Net Income Growth	1.98%	10.16%	87.10%	-55.35%	26.28%
Shares Outstanding (Basic)	369	388	416	421	422
Shares Outstanding (Diluted)	371	390	420	425	434
Shares Change (YoY)	-4.87%	-7.14%	-1.18%	-2.07%	7.96%
EPS (Basic)	2.52	2.34	1.99	1.05	2.34
EPS (Diluted)	2.51	2.33	1.97	1.04	2.28
EPS Growth	7.72%	18.27%	89.42%	-54.39%	16.92%
Shares Outstanding	354	378	407	419	428
Free Cash Flow	840	714	763	734	442
Free Cash Flow Growth	17.65%	-6.42%	3.95%	66.06%	-36.40%
Free Cash Flow Per Share	2.26	1.83	1.82	1.73	1.02
Dividends Per Share	0.960	0.640	0.520	0.480	0.480
Dividend Growth	50.00%	23.08%	8.33%	-	100.00%
Gross Margin	21.71%	20.62%	20.74%	18.18%	21.51%
Operating Margin	10.93%	10.28%	10.07%	6.57%	14.07%
Profit Margin	8.51%	8.67%	8.21%	5.00%	10.38%
FCF Margin	7.12%	6.32%	6.95%	7.67%	4.49%
EBITDA	1,738	1,638	1,559	1,231	1,902
EBITDA Margin	14.73%	14.49%	14.20%	12.86%	19.30%
EBIT	1,290	1,162	1,106	629	1,386
EBIT Margin	10.93%	10.28%	10.07%	6.57%	14.07%
Effective Tax Rate	27.17%	26.75%	26.84%	30.13%	26.51%

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

SEC Filings: 10-K · 10-Q