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Yum! Brands YUM Unallocated — Costs of Franchised Outlets

Other segment segments

KFC Global Division
$19M+18.8%
Pizza Hut Global Division
$17M+54.5%
Taco Bell Global Division
$6M0.0%
PH Strategic Options
$5M
The Habit Burger Grill Global Division
$1M0.0%

Similar metrics at other companies

SHO
SHOCosts Of Franchised Outlets
$4.59M+2.8%
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WINAFranchising — Total Costs & Expenses
$8.49M+3.0%
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WENFranchise and property expenses
$21.99M+32.5%
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WENCorporate and Other — Franchise support and other costs
$310K-47.2%
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BROSFranchising and other — Cost of Sales
$12.36M+40.8%
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LOCOFranchise and property expenses
$11.19M-10.1%

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$43.11B+8.7%
Enterprise value$45.3B+11.0%
P/E24.8×-2.9×
P/S5.1×+0.1×

Profitability

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Gross margin68.9%-2.2pp
Operating margin31.5%0.0pp
Net margin20.5%+2.1pp
FCF margin19.4%+0.7pp

Returns & leverage

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

Where this comes from

Reported directly by Yum! Brands in its filing.

Tagged under the XBRL concept us-gaap:CostsOfFranchisedOutlets.

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 unallocated — costs of franchised outlets?
Yum! Brands (YUM) reported unallocated — costs of franchised outlets of -$12M in Q1 2026.
How has Yum! Brands's unallocated — costs of franchised outlets changed year-over-year?
Yum! Brands's unallocated — costs of franchised outlets decreased by 300.0% year-over-year, from -$3M to -$12M.
What is the long-term trend for Yum! Brands's unallocated — costs of franchised outlets?
Over 4 years (2021 to 2025), Yum! Brands's unallocated — costs of franchised outlets has grown at a 116.6% compound annual growth rate (CAGR), from $1M to -$22M.
What does unallocated — costs of franchised outlets mean?
This represents the direct costs associated with supporting the franchise network that are not allocated to individual brand segments. These costs often include franchise administration, field support, and compliance monitoring for the global system. It reflects the operational burden of maintaining a large-scale, decentralized franchise model.