How does Yum! Brands (YUM) make money?

Yum! Brands (YUM) generates revenue primarily from KFC Global Division, which accounted for 43% of total revenue in TTM through Q1 2026. The company reported $8.49B in revenue and converted 20.5% of it into net profit, equivalent to roughly $1.74B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Yum! Brands (YUM)?

Yum! Brands (YUM) reported a gross profit margin of 45.7% in TTM through Q1 2026, equivalent to $3.88B in gross profit on $8.49B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Yum! Brands (YUM)?

Yum! Brands (YUM) reported an operating profit margin of 31.5% in TTM through Q1 2026, equivalent to $2.67B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Yum! Brands (YUM)?

Yum! Brands (YUM) reported a net profit margin of 20.5% in TTM through Q1 2026, equivalent to $1.74B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Yum! Brands (YUM) profitable?

Yes. Yum! Brands (YUM) reported $1.74B in net income for TTM through Q1 2026, with a net profit margin of 20.5%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Yum! Brands (YUM) spend on capital expenditures?

Yum! Brands (YUM) spent $375M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 4.4% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Yum! Brands (YUM) generate?

Yum! Brands (YUM) generated $1.65B in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 19.4%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Yum! Brands (YUM)?

Yum! Brands (YUM) had an effective tax rate of 19.6% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Yum! Brands (YUM)?

Yum! Brands (YUM) reports revenue across 4 reportable product segments, led by KFC Global Division at 43% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

Where does Yum! Brands (YUM) generate most of its revenue?

US is the largest geographic market for Yum! Brands (YUM), accounting for 73.6% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How Yum! Brands Makes Money: 2026 Visual Revenue Map

Yum! Brands (YUM) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported May 6, 2026).

Yum! Brands (YUM) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Yum! Brands (YUM), TTM through Q1 2026.
Segment	Revenue (USD)	% of total
KFC Global Division	$3.65B	43%
Taco Bell Global Division	$3.23B	38.1%
Pizza Hut Global Division	$1.03B	12.2%
The Habit Burger Grill Global Division	$572M	6.7%
Total	$8.49B	100%

KFC Global Division$3.65B
Taco Bell Global Division$3.23B
Pizza Hut Global Division$1.03B
The Habit Burger Grill Global Division$572M
Total$8.49B

Yum! Brands (YUM) Revenue by Geography — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for Yum! Brands (YUM), TTM through Q1 2026
Region	Revenue (USD)	% of total
US	$5.65B	73.6%
Other, Outside the U.S. and China	$2.02B	26.4%
Total	$7.67B	100%

US
Other, Outside the U.S. and China
Total

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Yum! Brands (YUM) reports revenue across 4 reportable product segments; the largest segment was KFC Global Division at 43%, followed by Taco Bell Global Division (38.1%) and Pizza Hut Global Division (12.2%). Geographically, US accounted for 73.6% of revenue, followed by Other, Outside the U.S. and China (26.4%).

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