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Yum! Brands YUM Operating margin

Operating margin at other companies

McDonald's logo
McDonald'sMCD
46.3%+1.0pp
Chipotle Mexican Grill logo
Chipotle Mexican GrillCMG
15.3%-1.7pp
Restaurant Brands International logo
Restaurant Brands InternationalQSR
24.7%-1.6pp
Darden Restaurants logo
Darden RestaurantsDRI
11.4%-0.3pp
Tyson Foods logo
Tyson FoodsTSN
2.1%-0.8pp

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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Gross margin68.9%-2.2pp
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 operating margin?
Yum! Brands (YUM) reported operating margin of 31.5% in Q1 2026.
How has Yum! Brands's operating margin changed year-over-year?
Yum! Brands's operating margin increased by 0.2% year-over-year, from 31.4% to 31.5%.
What is the long-term trend for Yum! Brands's operating margin?
Over 4 years (2021 to 2025), Yum! Brands's operating margin has grown at a -0.8% compound annual growth rate (CAGR), from 128.8% to 124.6%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.