Yum China Holdings, Inc. (YUMC)

Yum China Holdings Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	11,061	10,852	9,478	9,777	8,191	8,727
Other Revenue	140	126	91	76	72	49
Revenue	11,201	10,978	9,569	9,853	8,263	8,776
Revenue Growth (YoY)	5.94%	14.72%	-2.88%	19.24%	-5.85%	4.29%
Cost of Revenue	8,977	8,712	7,863	8,024	6,629	6,966
Gross Profit	2,224	2,266	1,706	1,829	1,634	1,810
Selling, General & Admin	964	1,037	960	987	846	896
Other Operating Expenses	125	114	175	108	79	51
Operating Expenses	1,089	1,151	1,135	1,095	925	947
Operating Income	1,135	1,115	571	734	709	863
Interest Expense	-2	-2	-2	-2	-2	-
Interest & Investment Income	197	171	86	62	149	102
Earnings From Equity Investments	4	4	-2	43	62	69
Currency Exchange Gain (Loss)	2	2	3	15	9	5
EBT Excluding Unusual Items	1,336	1,290	656	852	927	1,039
Impairment of Goodwill	-	-	-	-	-	-9
Gain (Loss) on Sale of Investments	-17	-49	-26	574	239	-
Asset Writedown	-34	-29	-32	-34	-55	-27
Other Unusual Items	18	18	87	-	-3	-
Pretax Income	1,303	1,230	685	1,392	1,108	1,003
Income Tax Expense	342	329	207	369	295	260
Earnings From Continuing Operations	961	901	478	1,023	813	743
Minority Interest in Earnings	-68	-74	-36	-33	-29	-30
Net Income	893	827	442	990	784	713
Net Income to Common	893	827	442	990	784	713
Net Income Growth	14.05%	87.10%	-55.35%	26.28%	9.96%	0.71%
Shares Outstanding (Basic)	397	416	421	422	390	377
Shares Outstanding (Diluted)	399	420	425	434	402	388
Shares Change (YoY)	-5.28%	-1.18%	-2.07%	7.96%	3.61%	-1.77%
EPS (Basic)	2.25	1.99	1.05	2.35	2.01	1.89
EPS (Diluted)	2.25	1.97	1.04	2.28	1.95	1.84
EPS Growth	21.64%	89.42%	-54.39%	16.92%	5.98%	2.79%
Free Cash Flow	657	763	734	442	695	750
Free Cash Flow Per Share	1.65	1.82	1.73	1.02	1.73	1.93
Dividend Per Share	0.610	0.520	0.480	0.480	0.240	0.480
Dividend Growth	19.61%	8.33%	0%	100.00%	-50.00%	14.29%
Gross Margin	19.86%	20.64%	17.83%	18.56%	19.77%	20.62%
Operating Margin	10.13%	10.16%	5.97%	7.45%	8.58%	9.83%
Profit Margin	7.97%	7.53%	4.62%	10.05%	9.49%	8.12%
Free Cash Flow Margin	5.87%	6.95%	7.67%	4.49%	8.41%	8.55%
EBITDA	1,604	1,568	1,173	1,250	1,159	1,291
EBITDA Margin	14.32%	14.28%	12.26%	12.69%	14.03%	14.71%
D&A For EBITDA	469	453	602	516	450	428
EBIT	1,135	1,115	571	734	709	863
EBIT Margin	10.13%	10.16%	5.97%	7.45%	8.58%	9.83%
Effective Tax Rate	26.25%	26.75%	30.22%	26.51%	26.62%	25.92%
Revenue as Reported	11,201	10,978	9,569	9,853	8,263	8,776

Source: S&P Capital IQ. Standard template. Financial Sources.