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Yum China Holdings YUMC CN — Effective Income Tax Rate Continuing Operations

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Other financials

Income statement

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Revenue$3.1B+12.6%
Operating income$348.0M+14.5%
Net income$244.0M+13.5%
EPS (diluted)$0.70+20.7%

Balance sheet

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Cash & equivalents$485.0M-18.1%
Total debt$2.3B+3.0%
Total equity$5.4B-7.5%
Total assets$10.9B-1.0%

Cash flow

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Operating cash flow$426.0M+3.4%
CapEx$127.0M+4.1%
Free cash flow$299.0M+3.1%

Valuation

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Market cap$16.32B-0.2%
Enterprise value$18.14B+0.8%
P/E16.7×-1.1×
P/S1.3×-0.1×

Profitability

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Gross margin24.4%
Operating margin11.1%+0.4pp
Net margin7.8%-0.2pp
FCF margin8.3%+1.8pp

Returns & leverage

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Return on equity17.5%+1.7pp
Debt / equity0.4×0.0×
Current ratio-0.4×

Where this comes from

Reported directly by Yum China Holdings in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateContinuingOperations.

The source filing: Yum China Holdings’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 4:31 PM EST
Fiscal year
FY2025
Accession
0001193125-26-082824

Statutory tax rate difference between Mainland China and the U.S. A majority of our income is earned in China, which is generally subject to a 25% tax rate. The negative impact in 2025, 2024 and 2023 is primarily due to the U.S. federal statutory rate of 21%, which is lower than China’s statutory income tax rate.

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Yum China Holdings's CN — effective income tax rate continuing operations?
Yum China Holdings (YUMC) reported CN — effective income tax rate continuing operations of 6.3% in Q4 2025.
How has Yum China Holdings's CN — effective income tax rate continuing operations changed year-over-year?
Yum China Holdings's CN — effective income tax rate continuing operations decreased by 0.0% year-over-year, from 6.3% to 6.3%.
What is the long-term trend for Yum China Holdings's CN — effective income tax rate continuing operations?
Over 4 years (2021 to 2025), Yum China Holdings's CN — effective income tax rate continuing operations has grown at a 0.0% compound annual growth rate (CAGR), from 25% to 25%.
What does CN — effective income tax rate continuing operations mean?
This metric represents the actual income tax expense as a percentage of pre-tax income for the China geographic segment from continuing operations. It reflects the combined impact of statutory tax rates, tax credits, and permanent differences specific to the regulatory environment in China. Investors use this to assess the tax efficiency of the company's primary operating market.

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