TTM
31.5%
YoY change
−1.03pp
Trough year (1997)
6.9%
Peak year (2017)
47.0%
Latest annual
30.8%
Operating Margin history chart for Yum! Brands (YUM) from 1997 to 2025
Latest: 30.8%
Operating Margin change chart for Yum! Brands (YUM) from 1997 to 2025
Latest: −1.03pp
Operating Margin history table for Yum! Brands (YUM) from 1997 to 2025
| 2025 | 30.8% | -1.03pp | ||
| 2024 | 31.8% | -0.93pp | ||
| 2023 | 32.8% | +0.79pp | ||
| 2022 | 32.0% | -0.52pp | ||
| 2021 | 32.5% | +5.90pp | ||
| 2020 | 26.6% | -7.89pp | ||
| 2019 | 34.5% | -5.88pp | ||
| 2018 | 40.4% | -6.61pp | ||
| 2017 | 47.0% | +20.51pp | ||
| 2016 | 26.5% | +4.12pp | ||
| 2015 | 22.3% | +10.92pp | ||
| 2014 | 11.4% | -2.32pp | ||
| 2013 | 13.7% | -3.08pp | ||
| 2012 | 16.8% | +2.45pp | ||
| 2011 | 14.4% | -1.22pp | ||
| 2010 | 15.6% | +0.92pp | ||
| 2009 | 14.7% | +1.22pp | ||
| 2008 | 13.4% | +0.42pp | ||
| 2007 | 13.0% | -0.17pp | ||
| 2006 | 13.2% | +0.87pp | ||
| 2005 | 12.3% | -0.48pp | ||
| 2004 | 12.8% | +0.18pp | ||
| 2003 | 12.6% | -0.32pp | ||
| 2002 | 13.0% | +0.50pp | ||
| 2001 | 12.5% | +0.29pp | ||
| 2000 | 12.2% | +0.74pp | ||
| 1999 | 11.4% | +2.36pp | ||
| 1998 | 9.1% | +2.13pp | ||
| 1997 | 6.9% | — |
- 202530.8%-1.03pp
- 202431.8%-0.93pp
- 202332.8%+0.79pp
- 202232.0%-0.52pp
- 202132.5%+5.90pp
- 202026.6%-7.89pp
- 201934.5%-5.88pp
- 201840.4%-6.61pp
- 201747.0%+20.51pp
- 201626.5%+4.12pp
- 201522.3%+10.92pp
- 201411.4%-2.32pp
- 201313.7%-3.08pp
- 201216.8%+2.45pp
- 201114.4%-1.22pp
- 201015.6%+0.92pp
- 200914.7%+1.22pp
- 200813.4%+0.42pp
- 200713.0%-0.17pp
- 200613.2%+0.87pp
- 200512.3%-0.48pp
- 200412.8%+0.18pp
- 200312.6%-0.32pp
- 200213.0%+0.50pp
- 200112.5%+0.29pp
- 200012.2%+0.74pp
- 199911.4%+2.36pp
- 19989.1%+2.13pp
- 19976.9%—
Operating Margin values are taken from Yum! Brands's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Yum! Brands (YUM)
According to Yum! Brands's latest reported financial statements, the company's latest reported operating margin is 31.5%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Yum! Brands (YUM) operating margin is 30.80% – contracted 1.0 percentage points year-over-year.
46.97% stands as the all-time-high annual operating margin, posted in 2017, against a low of 6.94% during 1997.
Yum! Brands Operating Margin by Year
Yum! Brands Operating Margin 2025: 30.8%
2025's operating margin for Yum! Brands came in at 30.80%, contracted 1.0 percentage points from 2024.
Yum! Brands Operating Margin 2024: 31.8%
Yum! Brands posted operating margin of 31.83% in 2024, contracted 0.9 percentage points from 2023.
Yum! Brands Operating Margin 2023: 32.8%
In 2023, Yum! Brands reported operating margin of 32.76%, expanded 0.8 percentage points from 2022.
Yum! Brands Operating Margin 2022: 32.0%
Yum! Brands operating margin in 2022 was 31.96%, contracted 0.5 percentage points from 2021.
Yum! Brands Operating Margin 2021: 32.5%
Yum! Brands operating margin in 2021 was 32.49%.
See more financial history for Yum! Brands (YUM).
Sector peers by Operating Margin
Consumer Cyclical peers of Yum! Brands (YUM), ranked by their latest operating margin
| 46.0% | |
| 34.3% | |
| 22.2% | |
| 12.4% | |
| 12.4% | |
| 11.5% | |
| 5.8% | |
| 5.0% |
- 46.0%
- 22.2%
- 12.4%
- 12.4%
- 11.5%
- 5.8%
- 5.0%
Frequently asked questions
Yum! Brands (YUM) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation