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
Operating Revenue	11,645	11,165	10,852	9,478	9,777
Other Revenue	152	138	126	91	76
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	9,758	9,041	8,712	7,776	8,024
Gross Profit	2,039	2,262	2,266	1,793	1,829
Selling, General & Admin	581	940	1,037	960	987
Other Operating Expenses	131	121	112	172	108
Operating Expenses	712	1,061	1,149	1,132	1,095
Operating Income	1,327	1,201	1,117	661	734
Interest Expense	-	-3	-2	-2	-2
Interest & Investment Income	92	172	171	86	62
Earnings From Equity Investments	15	5	4	-2	43
Currency Exchange Gain (Loss)	-	-	-	-	15
EBT Excluding Unusual Items	1,434	1,375	1,290	743	852
Gain (Loss) on Sale of Investments	-24	-	-49	-26	574
Asset Writedown	-37	-39	-29	-32	-34
Other Unusual Items	-	-	18	-	-
Pretax Income	1,373	1,336	1,230	685	1,392
Income Tax Expense	369	356	329	207	369
Earnings From Continuing Operations	1,004	980	901	478	1,023
Minority Interest in Earnings	-75	-69	-74	-36	-33
Net Income	929	911	827	442	990
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	2.35	1.99	1.05	2.35
EPS (Diluted)	2.51	2.33	1.97	1.04	2.28
EPS Growth	7.72%	18.27%	89.42%	-54.39%	16.92%
Free Cash Flow	840	714	763	734	442
Free Cash Flow Per Share	2.26	1.83	1.82	1.73	1.02
Dividend Per Share	0.960	0.640	0.520	0.480	0.480
Dividend Growth	50.00%	23.08%	8.33%	-	100.00%
Gross Margin	17.28%	20.01%	20.64%	18.74%	18.56%
Operating Margin	11.25%	10.63%	10.17%	6.91%	7.45%
Profit Margin	7.88%	8.06%	7.53%	4.62%	10.05%
Free Cash Flow Margin	7.12%	6.32%	6.95%	7.67%	4.49%
EBITDA	1,775	1,677	1,570	1,263	1,250
EBITDA Margin	15.05%	14.84%	14.30%	13.20%	12.69%
D&A For EBITDA	448	476	453	602	516
EBIT	1,327	1,201	1,117	661	734
EBIT Margin	11.25%	10.63%	10.17%	6.91%	7.45%
Effective Tax Rate	26.88%	26.65%	26.75%	30.22%	26.51%
Revenue as Reported	11,797	11,303	10,978	9,569	9,853

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

SEC Filings: 10-K · 10-Q