Restaurant Brands International vs Yum China Holdings
Yum China Holdings is the larger business, with $11.80bn of revenue in fiscal 2025 against $9.43bn for Restaurant Brands International (1.3 times as much). Restaurant Brands International grew faster (12.2% against 4.4%). Restaurant Brands International kept more of each dollar of sales as profit: a net margin of 8.2% against 7.9%.
| Latest fiscal year | Restaurant Brands InternationalQSR, 2025 | Yum China HoldingsYUMC, 2025 |
|---|---|---|
| Revenue | $9.43bn | $11.80bn |
| Revenue growth | 12.2% | 4.4% |
| Net income | $776m | $929m |
| Operating margin | 23.3% | — |
| Net margin | 8.2% | 7.9% |
| Return on equity | 23.0% | 16.7% |
| Free cash flow | $1.45bn | $840m |
| Cash | $1.16bn | $506m |
| Total debt | $13.37bn | $30.0m |
| Debt to equity | 368.0% | — |
| Dividend per share | $2.48 | $0.96 |
| Dividend yield | 4.5% | 2.3% |
| Share buybacks | $0 | $1.14bn |
| Employees | — | — |
| Market value | $25.84bn | $16.51bn |
| Price vs our value range | — | Within our value range |
| Moat score | 81 (Strong) | 73 (Strong) |
| Insider trades, 12 months | 0 buys, 63 sales | 0 buys, 16 sales |