Yum! Brands United States — Operating Lease, Liability increased by 46.8% to $903.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 46.8%, from $615.00M to $903.00M. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase suggests higher future fixed-cost obligations or expansion of the leased store base, whereas a decrease indicates the reduction of lease debt through payments or store rationalization.
This metric represents the present value of future lease payments for restaurant locations within the United States segm...
Comparable to 'Operating Lease Liabilities' reported by peer restaurant operators and retail firms under standard lease accounting disclosures.
yum_segment_united_states_operating_lease_liability| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $577.00M | $575.00M | $605.00M | $615.00M | $903.00M |
| QoQ Change | — | -0.3% | +5.2% | +1.7% | +46.8% |
| YoY Change | — | -0.3% | +5.2% | +1.7% | +46.8% |