Yum! Brands profit margin YUM
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 25.4%
- Operating margin, 12 months
- 31.0%
- Net margin on a year earlier
- +7.3 pts
- Peer median
- 8.1%
Over the twelve months to Jun 30, 2026, Yum! Brands kept 25.4% of its revenue as net profit, with an operating margin of 31.0% and a gross margin of 68.1%.
Five years earlier its net margin was 21.2%.
The median for 10 restaurant stocks of a similar size is 8.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 19.0% | 31.3% | 69.8% |
| FY2024 | 19.7% | 31.8% | 71.9% |
| FY2023 | 22.6% | 32.8% | 74.9% |
| FY2022 | 19.4% | 32.0% | 74.5% |
| FY2021 | 23.9% | 32.5% | 73.8% |
| FY2020 | 16.0% | 26.6% | 73.4% |
| FY2019 | 23.1% | 34.5% | 77.9% |
| FY2018 | 27.1% | 40.4% | 71.3% |
| FY2017 | 22.8% | 47.0% | 49.7% |
| FY2016 | n/a | n/a | n/a |
| FY2015 | 9.9% | 14.7% | 28.6% |
| FY2014 | 7.9% | 11.7% | 27.1% |
| FY2013 | 8.3% | 13.7% | 27.4% |
| FY2012 | 11.7% | 16.8% | 27.7% |
| FY2011 | 10.4% | 14.4% | 27.6% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 25.4% | +7.3 pts | 31.0% | |
| Q1 FY26 | 20.5% | +2.1 pts | 31.5% | |
| Q4 FY25 | 19.0% | −0.7 pts | 31.3% | |
| Q3 FY25 | 18.0% | −3.2 pts | 30.9% | |
| Q2 FY25 | 18.1% | −3.8 pts | 30.9% | |
| Q1 FY25 | 18.4% | −4.5 pts | 31.4% | |
| Q4 FY24 | 19.7% | −2.9 pts | 31.8% | |
| Q3 FY24 | 21.1% | −0.2 pts | 32.6% | |
| Q2 FY24 | 22.0% | +1.6 pts | 33.1% | |
| Q1 FY24 | 22.9% | +5.3 pts | 32.9% | |
| Q4 FY23 | 22.6% | +3.2 pts | 32.8% | |
| Q3 FY23 | 21.3% | +2.2 pts | 32.4% |
Against its peers
Companies in Restaurants nearest Yum! Brands' size, closest first, today.
| Company | Profit margin |
|---|---|
| YUMYum! Brands | 25.4% |
| CMGChipotle Mexican Grill | 11.4% |
| QSRRestaurant Brands International | 13.1% |
| DRIDarden Restaurants | 8.8% |
| YUMCYum China | 7.8% |
| SBUXStarbucks | 5.2% |
| ARMKAramark | 1.9% |
| TXRHTexas Roadhouse | 6.6% |
| MCDMcDonald's | 31.7% |
| EATBrinker International | 8.4% |
| BROSDutch Bros | 4.9% |
| Peer median | 8.1% |
Where Yum! Brands ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Yum! Brands
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.