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Yum! Brands YUM Gross margin

Gross margin at other companies

Restaurant Brands International logo
Restaurant Brands InternationalQSR
65.3%+0.9pp
Tyson Foods logo
Tyson FoodsTSN
6.5%-0.2pp

Other financials

Income statement

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Revenue$2.1B+15.2%
Gross profit$1.4B+9.1%
Operating income$644.0M+17.5%
Net income$432.0M+70.8%
EPS (diluted)$1.55+72.2%

Balance sheet

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Cash & equivalents$889.0M+13.7%
Total debt$3.1B+219%
Total equity-$7.3B+6.7%
Total assets$8.2B+23.3%

Cash flow

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Operating cash flow$416.0M+3.0%
CapEx$75.0M+5.6%
Free cash flow$341.0M+2.4%

Valuation

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Market cap$41.89B-2.1%
Enterprise value$44.08B+2.4%
P/E24.1×-5.9×
P/S4.9×-0.6×

Profitability

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Operating margin31.5%0.0pp
Net margin20.5%+2.1pp

Returns & leverage

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Return on equity105.2%
Debt / equity45×
Current ratio0.7×-0.8×

Where this comes from

Calculated from Yum! Brands’s reported figures.

Based on trailing twelve months.

The official record: Yum! Brands’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Yum! Brands's gross margin?
Yum! Brands (YUM) reported gross margin of 68.9% in Q1 2026.
How has Yum! Brands's gross margin changed year-over-year?
Yum! Brands's gross margin decreased by 3.0% year-over-year, from 71.1% to 68.9%.
What is the long-term trend for Yum! Brands's gross margin?
Over 4 years (2021 to 2025), Yum! Brands's gross margin has grown at a -1.0% compound annual growth rate (CAGR), from 293.7% to 281.7%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.