Yum! Brands vs Yum China Holdings
Yum China Holdings is the larger business, with $11.80bn of revenue in fiscal 2025 against $8.21bn for Yum! Brands (1.4 times as much). Yum! Brands grew faster (8.8% against 4.4%). Yum! Brands kept more of each dollar of sales as profit: a net margin of 19.0% against 7.9%.
| Latest fiscal year | Yum! BrandsYUM, 2025 | Yum China HoldingsYUMC, 2025 |
|---|---|---|
| Revenue | $8.21bn | $11.80bn |
| Revenue growth | 8.8% | 4.4% |
| Net income | $1.56bn | $929m |
| Operating margin | — | — |
| Net margin | 19.0% | 7.9% |
| Return on equity | — | 16.7% |
| Free cash flow | $1.64bn | $840m |
| Cash | $709m | $506m |
| Total debt | $12.01bn | $30.0m |
| Debt to equity | — | — |
| Dividend per share | $2.84 | $0.96 |
| Dividend yield | 1.9% | 2.3% |
| Share buybacks | $552m | $1.14bn |
| Employees | 23,000 | — |
| Market value | $43.65bn | $16.51bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 96 (Strong) | 73 (Strong) |
| Insider trades, 12 months | 0 buys, 45 sales | 0 buys, 16 sales |