SuperworthYum China profit margin YUMC
Gross, operating and net profit as a share of revenue over the last twelve months, from 2018.
- Net margin, 12 months
- 7.8%
- Operating margin, 12 months
- 11.1%
- Net margin on a year earlier
- −0.2 pts
- Peer median
- 7.5%
Over the twelve months to Jun 30, 2026, Yum China kept 7.8% of its revenue as net profit, with an operating margin of 11.1% and a gross margin of 17.2%.
Five years earlier its net margin was 10.4%.
The median for 10 restaurant stocks of a similar size is 7.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 7.9% | 10.9% | 17.3% |
| FY2024 | 8.1% | 10.3% | 16.7% |
| FY2023 | 7.5% | 10.1% | 17.2% |
| FY2022 | 4.6% | 6.6% | 14.9% |
| FY2021 | 10.0% | 14.1% | 20.9% |
| FY2020 | 9.5% | 11.6% | 23.0% |
| FY2019 | 8.1% | 10.3% | 23.3% |
| FY2018 | 8.4% | 11.2% | 22.7% |
| FY2017 | n/a | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 7.8% | −0.2 pts | 11.1% | |
| Q1 FY26 | 7.8% | −0.3 pts | 11.1% | |
| Q4 FY25 | 7.9% | −0.2 pts | 10.9% | |
| Q3 FY25 | 7.8% | −0.2 pts | 10.8% | |
| Q2 FY25 | 8.0% | +0.4 pts | 10.7% | |
| Q1 FY25 | 8.1% | +0.6 pts | 10.5% | |
| Q4 FY24 | 8.1% | +0.5 pts | 10.3% | |
| Q3 FY24 | 8.0% | +0.6 pts | 10.0% | |
| Q2 FY24 | 7.6% | +0.4 pts | 9.7% | |
| Q1 FY24 | 7.5% | +1.1 pts | 9.7% | |
| Q4 FY23 | 7.5% | +2.9 pts | 10.1% | |
| Q3 FY23 | 7.4% | −1.4 pts | 9.8% |
Against its peers
Companies in Restaurants nearest Yum China's size, closest first, today.
| Company | Profit margin |
|---|---|
| YUMCYum China | 7.8% |
| ARMKAramark | 1.9% |
| TXRHTexas Roadhouse | 6.6% |
| DRIDarden Restaurants | 8.8% |
| EATBrinker International | 8.4% |
| BROSDutch Bros | 4.9% |
| QSRRestaurant Brands International | 13.1% |
| CMGChipotle Mexican Grill | 11.4% |
| CAVACava | 4.8% |
| YUMYum! Brands | 25.4% |
| CAKECheesecake Factory | 4.6% |
| Peer median | 7.5% |
Where Yum China 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 China
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.