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Yum China Holdings Inc (YUMC) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

CONSUMER CYCLICAL · RESTAURANTS · DATA UPDATED 2026-09-19

Yum China Holdings Inc (YUMC) operates in the RESTAURANTS industry and is headquartered in Shanghai, China with about 130,000 employees. Its market capitalization is roughly $14 billion. In the fiscal year ended 2025-12-31, YUMC reported $11.8B in revenue and $929M in net income.

Yum China Holdings, Inc. owns, operates, and franchises restaurants in the People's Republic of China. The company operates through two KFC, Pizza Hut, and All Other segments. It operates restaurants under the KFC, Pizza Hut, Taco Bell, Lavazza, Little Sheep, and Huang Ji Huang concepts.

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YUMC Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
Total Revenue$12.4B$11.8B$11.3B$11.0B$9.6B$9.9B$8.3B$8.8B$8.4B$7.8B$6.8B$6.9B$6.9B$6.9B
Gross Profit$2.1B$2.0B$1.9B$8.1B$1.4B$1.4B$1.3B$1.8B$1.3B$1.3B$1.1B$908M$841M$880M
Gross Margin %17.2%17.3%16.7%73.6%14.9%14.3%15.3%20.6%15.6%16.5%16.2%13.1%12.1%12.7%
Operating Income (EBIT)$1.5B$1.5B$1.2B$1.1B$629M$1.4B$961M$901M$941M$778M$634M$488M$3M$229M
Operating Margin %11.9%12.4%10.3%10.1%6.6%14.1%11.6%10.3%11.2%10.0%9.4%7.1%0.0%3.3%
Net Income$975M$929M$911M$827M$442M$990M$784M$713M$708M$398M$502M$323M($7M)$126M
Net Margin %7.8%7.9%8.1%7.5%4.6%10.1%9.5%8.1%8.4%5.1%7.4%4.7%-0.1%1.8%
EBITDA$1.8B$1.7B$1.1B$1.3B$1.2B$1.2B$1.3B$1.3B$1.2B$1.1B$936M$880M$923M
Earnings Per Share (EPS)$2.73$2.59$2.34$1.97$1.04$2.28$1.95$1.84$1.79$1.00$1.36$0.84$-0.02$0.32
Shares Outstanding (M)359M390M420M425M434M402M388M395M398M369M383M390M390M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

YUMC Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Total Revenue$3.1B$3.3B$2.8B$3.2B$2.8B$3.0B$2.6B$3.1B$2.7B
Gross Profit$537M$615M$409M$582M$476M$572M$356M$550M$441M
Gross Margin %17.1%18.8%14.5%18.1%17.1%19.2%13.7%17.9%16.5%
Operating Income (EBIT)$360M$478M$240M$400M$304M$399M$151M$371M$266M
Operating Margin %11.5%14.6%8.5%12.5%10.9%13.4%5.8%12.1%9.9%
Net Income$244M$309M$140M$282M$215M$292M$115M$297M$212M
Net Margin %7.8%9.4%5.0%8.8%7.7%9.8%4.4%9.7%7.9%
EBITDA$571M$323M$518M$425M$514M$289M$499M$397M
Earnings Per Share (EPS)$0.70$0.87$0.39$0.77$0.58$0.77$0.30$0.77$0.54
Shares Outstanding (M)354M359M368M373M378M382M385M391M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

YUMC Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
Cash from Operations (CFO)$1.6B$1.5B$1.4B$1.5B$1.4B$1.1B$1.1B$1.2B$1.3B$884M$866M$913M$775M$782M
Capital Expenditures (CapEx)$638M$626M$705M$710M$679M$689M$419M$435M$470M$415M$436M$512M$525M$568M
Free Cash Flow (FCF)$940M$840M$714M$763M$734M$442M$695M$750M$863M$469M$430M$401M$250M$214M
FCF Margin %7.6%7.1%6.3%7.0%7.7%4.5%8.4%8.6%10.3%6.0%6.4%5.8%3.6%3.1%
Dividends Paid$353M$248M$216M$202M$203M$95M$181M$161M$38M$38M$38M$38M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

YUMC Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Cash from Operations (CFO)$426M$550M$125M$477M$412M$452M$167M$409M$401M
Capital Expenditures (CapEx)$127M$144M$241M$126M$122M$137M$182M$165M$169M
Free Cash Flow (FCF)$299M$406M($116M)$351M$290M$315M($15M)$244M$232M
FCF Margin %9.5%12.4%-4.1%10.9%10.4%10.6%-0.6%8.0%8.7%
Dividends Paid$102M$85M$88M$90M$90M$61M$61M$62M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

YUMC Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-312013-12-31
Total Assets$10.9B$10.8B$11.1B$12.0B$11.8B$13.2B$10.9B$7.0B$4.6B$4.3B$3.7B$3.2B$3.3B$3.3B
Cash & Cash Equivalents$485M$506M$723M$1.1B$1.1B$1.1B$1.2B$1.0B$1.3B$1.1B$885M$425M$238M$238M
Total Liabilities$4.8B$4.7B$4.7B$4.9B$4.7B$5.3B$4.4B$3.8B$1.6B$1.4B$1.3B$1.2B$1.3B$1.3B
Total Debt (Short + Long-Term)$468M$544M$594M$450M$508M$448M$382M$2M$29M$29M$35M$68M$34M
Total Shareholders' Equity$5.4B$5.4B$5.7B$6.4B$6.5B$7.1B$6.2B$3.1B$2.9B$2.8B$2.4B$1.9B$1.9B$2.0B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive YUMC viewer.

YUMC Metric Deep Dives

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