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Yum China Holdings YUMC Company Restaurant Expenses — Cost Direct Material

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Other financials

Income statement

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Revenue$3.3B+9.7%
Operating income$447.0M+12.0%
Net income$309.0M+5.8%
EPS (diluted)$0.87+13.0%

Balance sheet

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Cash & equivalents$473.0M-42.7%
Total debt$2.3B-2.3%
Total equity$5.4B-6.1%
Total assets$10.8B-1.5%

Cash flow

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Operating cash flow$550.0M+21.7%
CapEx$144.0M+5.1%
Free cash flow$406.0M+28.9%

Valuation

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Market cap$16.27B-1.5%
Enterprise value$18.11B-0.3%
P/E17.2×-0.8×
P/S1.4×-0.1×

Profitability

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Gross margin24.4%
Operating margin11.1%+0.6pp
Net margin7.8%-0.3pp
FCF margin8.3%+1.8pp

Returns & leverage

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Return on equity16.9%+1.1pp
Debt / equity0.4×0.0×
Current ratio-0.2×

Where this comes from

Reported directly by Yum China Holdings in its filing.

Tagged under the XBRL concept us-gaap:CostDirectMaterial.

The source filing: Yum China Holdings’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 6:01 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-213131
Line itemQuarter EndedQuarter EndedQuarter Ended
Total revenues3,2712,981
Costs and Expenses, Net
Company restaurants
Food and paper963874
Payroll and employee benefits813719
Occupancy and other operating expenses718688
Company restaurant expenses2,4942,281
General and administrative expenses137138

Item 1. Financial Statements

FAQ

What is Yum China Holdings's company restaurant expenses — cost direct material?
Yum China Holdings (YUMC) reported company restaurant expenses — cost direct material of $963M in Q1 2026.
How has Yum China Holdings's company restaurant expenses — cost direct material changed year-over-year?
Yum China Holdings's company restaurant expenses — cost direct material increased by 10.2% year-over-year, from $874M to $963M.
What is the long-term trend for Yum China Holdings's company restaurant expenses — cost direct material?
Over 4 years (2021 to 2025), Yum China Holdings's company restaurant expenses — cost direct material has grown at a 5.3% compound annual growth rate (CAGR), from $2.81B to $3.46B.
What does company restaurant expenses — cost direct material mean?
This metric represents the total expenditure on raw food ingredients, packaging, and beverage supplies required to produce menu items at company-operated restaurant locations. It serves as a primary indicator of commodity price exposure and supply chain efficiency within the restaurant segment. Fluctuations in this cost are driven by changes in menu mix, food inflation, and procurement strategies.

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