Yum China Holdings, Inc. (YUMC)
Q1-CY2026Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014
Balance Sheet Date2025-Dec-312025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Aug-312017-May-312016-Dec-312016-Aug-31
Fiscal PeriodQ4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q4-FY2016Q3-FY2016
Total Revenue2,823,000,000$3,206,000,000$2,787,000,000$2,981,000,000$2,595,000,000$3,071,000,000$2,679,000,000$2,958,000,000$2,493,000,000$2,914,000,000$2,654,000,000$2,917,000,000$2,088,000,000$2,685,000,000$2,128,000,000$2,668,000,000$2,291,000,000$2,554,000,000$2,451,000,000$2,557,000,000$2,259,000,000$2,348,000,000$1,902,000,000$1,754,000,000$2,029,000,000$2,319,000,000$2,124,000,000$2,304,000,000$1,914,000,000$2,212,000,000$2,068,000,000$2,221,000,000$2,853,000,000$2,130,000,000$1,841,000,000$2,301,000,000$1,883,000,000$1,588,000,000$1,969,000,000$
QoQ%(11.95%)15.03%(6.51%)14.88%(15.50%)14.63%(9.43%)18.65%(14.45%)9.80%(9.02%)39.70%(22.24%)26.18%(20.24%)16.46%(10.30%)4.20%(4.15%)13.19%(3.79%)23.45%8.44%(13.55%)(12.51%)9.18%(7.81%)20.38%(13.47%)6.96%(6.89%)(22.15%)33.94%15.70%22.20%18.58%
YoY%8.79%4.40%4.03%.78%4.09%5.39%.94%1.41%19.40%8.53%24.72%9.33%(8.86%)5.13%(13.18%)4.34%1.42%8.77%28.86%45.78%11.34%1.25%(10.45%)(23.87%)6.01%4.84%2.71%3.74%(32.91%)3.85%12.33%23.99%13.12%15.93%(4.37%)
Cost Of Revenue2,285,000,000$2,479,000,000$2,191,000,000$2,281,000,000$2,133,000,000$2,401,000,000$2,137,000,000$2,301,000,000$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$1,655,000,000$1,937,000,000$1,600,000,000$1,384,000,000$1,724,000,000$1,492,000,000$1,362,000,000$1,617,000,000$
Gross Profit538,000,000$727,000,000$596,000,000$700,000,000$462,000,000$670,000,000$542,000,000$657,000,000$2,493,000,000$2,914,000,000$2,654,000,000$2,917,000,000$2,088,000,000$2,685,000,000$2,128,000,000$2,668,000,000$2,291,000,000$2,554,000,000$2,451,000,000$2,557,000,000$2,259,000,000$2,348,000,000$1,902,000,000$1,754,000,000$2,029,000,000$2,319,000,000$2,124,000,000$2,304,000,000$1,914,000,000$2,212,000,000$2,068,000,000$566,000,000$916,000,000$530,000,000$457,000,000$577,000,000$391,000,000$226,000,000$352,000,000$
Gross Margin19.06%22.68%21.39%23.48%17.80%21.82%20.23%22.21%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%25.48%32.11%24.88%24.82%25.08%20.77%14.23%17.88%
Operating Expenses351,000,000$327,000,000$292,000,000$301,000,000$311,000,000$299,000,000$276,000,000$283,000,000$2,383,000,000$2,591,000,000$2,397,000,000$2,501,000,000$2,047,000,000$2,369,000,000$2,047,000,000$2,477,000,000$1,658,000,000$2,376,000,000$2,218,000,000$2,215,000,000$2,079,000,000$1,792,000,000$1,774,000,000$1,657,000,000$1,935,000,000$2,019,000,000$1,920,000,000$2,001,000,000$1,830,000,000$1,943,000,000$1,875,000,000$171,000,000$852,000,000$266,000,000$286,000,000$525,000,000$105,000,000$139,000,000$97,000,000$
Operating Income187,000,000$400,000,000$304,000,000$399,000,000$151,000,000$371,000,000$266,000,000$374,000,000$110,000,000$323,000,000$257,000,000$416,000,000$41,000,000$316,000,000$81,000,000$191,000,000$633,000,000$178,000,000$233,000,000$342,000,000$180,000,000$556,000,000$128,000,000$97,000,000$94,000,000$300,000,000$204,000,000$303,000,000$84,000,000$269,000,000$193,000,000$395,000,000$64,000,000$264,000,000$171,000,000$52,000,000$286,000,000$87,000,000$255,000,000$
Operating Margin6.62%12.48%10.91%13.39%5.82%12.08%9.93%12.64%4.41%11.08%9.68%14.26%1.96%11.77%3.81%7.16%27.63%6.97%9.51%13.38%7.97%23.68%6.73%5.53%4.63%12.94%9.61%13.15%4.39%12.16%9.33%17.79%2.24%12.39%9.29%2.26%15.19%5.48%12.95%
Interest Income
Interest Expenses0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$
Income Before Tax206,000,000$413,000,000$311,000,000$428,000,000$170,000,000$436,000,000$305,000,000$420,000,000$138,000,000$365,000,000$286,000,000$437,000,000$80,000,000$326,000,000$115,000,000$166,000,000$635,000,000$155,000,000$257,000,000$345,000,000$224,000,000$605,000,000$181,000,000$98,000,000$128,000,000$322,000,000$231,000,000$322,000,000$65,000,000$279,000,000$203,000,000$403,000,000$76,000,000$175,000,000$300,000,000$77,000,000$289,000,000$89,000,000$257,000,000$
Tax Expenses56,000,000$114,000,000$80,000,000$119,000,000$47,000,000$119,000,000$77,000,000$113,000,000$33,000,000$100,000,000$71,000,000$125,000,000$24,000,000$97,000,000$31,000,000$55,000,000$159,000,000$44,000,000$64,000,000$102,000,000$63,000,000$155,000,000$45,000,000$32,000,000$34,000,000$87,000,000$46,000,000$93,000,000$(13,000,000$)67,000,000$53,000,000$107,000,000$166,000,000$43,000,000$90,000,000$(9,000,000$)87,000,000$16,000,000$65,000,000$
Net Income153,000,000$305,000,000$233,000,000$313,000,000$126,000,000$319,000,000$228,000,000$307,000,000$107,000,000$267,000,000$214,000,000$313,000,000$58,000,000$227,000,000$83,000,000$110,000,000$476,000,000$111,000,000$193,000,000$243,000,000$161,000,000$450,000,000$136,000,000$66,000,000$94,000,000$235,000,000$185,000,000$229,000,000$78,000,000$212,000,000$150,000,000$296,000,000$(90,000,000$)132,000,000$210,000,000$86,000,000$202,000,000$73,000,000$192,000,000$
Profit Margin5.42%9.51%8.36%10.50%4.86%10.39%8.51%10.38%4.29%9.16%8.06%10.73%2.78%8.45%3.90%4.12%20.78%4.35%7.87%9.50%7.13%19.17%7.15%3.76%4.63%10.13%8.71%9.94%4.08%9.58%7.25%13.33%(3.16%)6.20%11.41%3.74%10.73%4.60%9.75%
TTM8.51%8.45%8.67%8.71%8.67%8.58%8.23%8.12%8.21%8.06%7.85%6.94%5.00%9.17%8.09%8.93%10.38%7.21%10.89%10.92%9.84%9.29%6.63%7.05%8.47%8.39%8.23%7.87%8.75%6.07%5.26%6.06%
Earnings to Minority13,000,000$23,000,000$18,000,000$21,000,000$11,000,000$22,000,000$16,000,000$20,000,000$10,000,000$23,000,000$17,000,000$24,000,000$5,000,000$21,000,000$0$10,000,000$1,000,000$7,000,000$12,000,000$13,000,000$10,000,000$11,000,000$4,000,000$4,000,000$4,000,000$12,000,000$7,000,000$7,000,000$4,000,000$9,000,000$7,000,000$8,000,000$5,000,000$7,000,000$6,000,000$2,000,000$10,000,000$(4,000,000$)5,000,000$
Earnings to Common Shareholders140,000,000$282,000,000$215,000,000$292,000,000$115,000,000$297,000,000$212,000,000$287,000,000$97,000,000$244,000,000$197,000,000$289,000,000$53,000,000$206,000,000$83,000,000$100,000,000$475,000,000$104,000,000$181,000,000$230,000,000$151,000,000$439,000,000$132,000,000$62,000,000$90,000,000$223,000,000$178,000,000$222,000,000$74,000,000$203,000,000$143,000,000$288,000,000$(95,000,000$)176,000,000$125,000,000$84,000,000$192,000,000$77,000,000$187,000,000$
QoQ%(50.36%)31.16%(26.37%)153.91%(61.28%)40.09%(26.13%)195.88%(60.25%)23.86%(31.83%)445.28%(74.27%)148.19%(17.00%)(78.95%)356.73%(42.54%)(21.30%)52.32%(65.60%)232.58%112.90%(31.11%)(59.64%)25.28%(19.82%)200.00%(63.55%)41.96%(50.35%)403.16%(153.98%)40.80%(56.25%)149.35%
YoY%21.74%(5.05%)1.42%1.74%18.56%21.72%7.61%(.69%)83.02%18.45%137.35%189.00%(88.84%)98.08%(54.14%)(56.52%)214.57%(76.31%)37.12%270.97%67.78%96.86%(25.84%)(72.07%)21.62%9.85%24.48%(22.92%)177.90%15.34%14.40%(213.10%)(8.33%)62.34%2.67%
Earnings Per Share, Basic0.39$0.77$0.58$0.78$0.30$0.77$0.54$0.72$0.24$0.59$0.47$0.69$0.13$0.49$0.20$0.23$1.12$0.25$0.43$0.55$0.36$1.13$0.35$0.16$0.24$0.59$0.47$0.59$0.19$0.53$0.37$0.75$0.45$0.32$0.53$0.21$
Earnings Per Share, Diluted0.39$0.76$0.57$0.77$0.30$0.77$0.54$0.71$0.23$0.58$0.47$0.68$0.13$0.49$0.20$0.23$1.10$0.24$0.42$0.53$0.35$1.10$0.34$0.16$0.23$0.57$0.46$0.57$0.19$0.52$0.36$0.72$0.44$0.32$0.53$0.21$
Unlevered FCF Per Share, Basic(0.32$)0.95$0.78$0.84$(0.04$)0.64$0.60$0.63$(0.17$)0.58$0.63$0.78$(0.21$)1.33$0.70$(0.08$)(0.35$)0.29$0.72$0.40$0.19$0.90$0.78$(0.07$)0.04$0.77$0.56$0.62$0.13$0.59$0.39$1.14$1.11$0.58$1.10$
Unlevered FCF Per Share, Diluted(0.32$)0.95$0.78$0.83$(0.04$)0.63$0.59$0.63$(0.17$)0.58$0.63$0.78$(0.20$)1.32$0.70$(0.08$)(0.35$)0.28$0.70$0.38$0.18$0.87$0.76$(0.07$)0.04$0.75$0.54$0.60$0.13$0.57$0.37$1.10$1.08$0.57$1.10$
Average Shares, Basic359,000,000368,000,000373,000,000376,000,000378,000,000384,000,000389,000,000401,000,000412,000,000416,000,000418,000,000418,000,000417,000,000420,000,000421,000,000426,000,000425,000,000422,000,000421,000,000420,000,000420,000,000387,000,000377,000,000376,000,000374,000,000377,000,000378,000,000379,000,000380,000,000384,000,000386,000,000386,000,000387,000,000388,000,000363,758,219363,758,219
Average Shares, Diluted363,000,000369,000,000374,000,000378,000,000381,000,000385,000,000391,000,000403,000,000415,000,000420,000,000422,000,000423,000,000422,000,000424,000,000424,000,000430,000,000432,000,000435,000,000435,000,000434,000,000434,000,000400,000,000388,000,000386,000,000387,000,000388,000,000389,000,000388,000,000387,000,000394,000,000398,000,000401,000,000399,000,000395,000,000363,758,219363,758,219
EBIT206,000,000$413,000,000$311,000,000$428,000,000$170,000,000$436,000,000$305,000,000$420,000,000$138,000,000$365,000,000$286,000,000$437,000,000$80,000,000$326,000,000$115,000,000$166,000,000$635,000,000$155,000,000$257,000,000$345,000,000$224,000,000$605,000,000$181,000,000$98,000,000$128,000,000$322,000,000$231,000,000$322,000,000$65,000,000$279,000,000$203,000,000$403,000,000$76,000,000$175,000,000$300,000,000$77,000,000$289,000,000$89,000,000$257,000,000$
EBITDA321,000,000$527,000,000$421,000,000$537,000,000$291,000,000$556,000,000$423,000,000$537,000,000$252,000,000$476,000,000$398,000,000$553,000,000$215,000,000$476,000,000$268,000,000$330,000,000$771,000,000$283,000,000$381,000,000$473,000,000$347,000,000$718,000,000$286,000,000$207,000,000$234,000,000$427,000,000$337,000,000$433,000,000$167,000,000$387,000,000$320,000,000$521,000,000$220,000,000$280,000,000$396,000,000$207,000,000$289,000,000$89,000,000$257,000,000$