YUMC · Yum China Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.27B | - | $3.21B | $2.79B | $2.98B | - | $3.07B | $2.68B | $2.96B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $137.00M | - | $143.00M | $131.00M | $138.00M | - | $139.00M | $133.00M | $140.00M | - |
| Total Operating Expenses | $2.82B | - | $2.81B | $2.48B | $2.58B | - | $2.70B | $2.41B | $2.58B | - |
| D&A | $117.00M | - | $120.00M | $118.00M | $109.00M | - | - | - | $117.00M | - |
| Operating Income | $447.00M | - | $400.00M | $304.00M | $399.00M | - | $371.00M | $266.00M | $374.00M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $123.00M | - | $114.00M | $80.00M | $119.00M | - | $119.00M | $77.00M | $113.00M | - |
| Net Income | $309.00M | - | $282.00M | $215.00M | $292.00M | - | $297.00M | $212.00M | $287.00M | - |
| EPS - Basic | $0.88 | - | $0.76 | $0.58 | $0.78 | - | $0.77 | $0.55 | $0.72 | - |
| EPS - Diluted | $0.87 | - | $0.76 | $0.58 | $0.77 | - | $0.77 | $0.55 | $0.71 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $473.00M | $506.00M | $648.00M | $592.00M | $825.00M | $723.00M | $1.19B | $1.04B | $883.00M | $1.13B |
| Accounts Receivable | $103.00M | $95.00M | $86.00M | $94.00M | $81.00M | $79.00M | $79.00M | $74.00M | $74.00M | $68.00M |
| Inventory | $414.00M | $438.00M | $389.00M | $360.00M | $329.00M | $405.00M | $359.00M | $362.00M | $345.00M | $424.00M |
| Accounts Payable | $822.00M | $793.00M | $822.00M | $795.00M | $701.00M | $801.00M | $775.00M | $819.00M | $727.00M | $786.00M |
| Current Assets | $2.32B | $2.36B | $3.02B | $2.99B | $2.75B | $2.69B | $3.32B | $3.28B | $3.15B | $3.43B |
| Total Assets | $10.84B | $10.78B | $11.03B | $10.98B | $11.00B | $11.12B | $11.80B | $11.57B | $11.29B | $12.03B |
| Current Liabilities | $2.30B | $2.25B | $2.28B | $2.16B | $2.19B | $2.28B | $2.58B | $2.68B | $2.26B | $2.42B |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $4.73B | $4.68B | $4.65B | $4.51B | $4.56B | $4.69B | $5.07B | $5.09B | $4.71B | $4.91B |
| Stockholders' Equity | $5.43B | $5.38B | $5.69B | $5.79B | $5.78B | $5.73B | $6.02B | $5.81B | $5.87B | $6.41B |
| Retained Earnings | $1.79B | $1.76B | $2.05B | $2.11B | $2.12B | $2.09B | $2.16B | $2.05B | $2.08B | $2.31B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $550.00M | - | - | - | $452.00M | - | - | - | $442.00M | - |
| Investing Cash Flow | ($233.00M) | - | - | - | ($72.00M) | - | - | - | $99.00M | - |
| Financing Cash Flow | ($353.00M) | - | - | - | ($280.00M) | - | - | - | ($776.00M) | - |
| CapEx | $144.00M | - | - | - | $137.00M | - | - | - | $189.00M | - |
| Free Cash Flow | $406.00M | - | - | - | $315.00M | - | - | - | $253.00M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 13.7% | - | 12.5% | 10.9% | 13.4% | - | 12.1% | 9.9% | 12.6% | - |
| EBITDA margin | 17.2% | - | 16.2% | 15.1% | 17.0% | - | - | - | 16.6% | - |
| Net margin | 9.4% | - | 8.8% | 7.7% | 9.8% | - | 9.7% | 7.9% | 9.7% | - |
| Free cash flow margin | 12.4% | - | - | - | 10.6% | - | - | - | 8.6% | - |
| FCF / Net income | 1.31 | - | - | - | 1.08 | - | - | - | 0.88 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 4.2% | - | 4.5% | 4.7% | 4.6% | - | 4.5% | 5.0% | 4.7% | - |
| Effective tax rate | 28.5% | - | 28.8% | 27.1% | 29.0% | - | 28.6% | 26.6% | 28.2% | - |
| Return on assets | 2.9% | - | 2.6% | 2.0% | 2.7% | - | 2.5% | 1.8% | 2.5% | - |
| Return on equity | 5.7% | - | 5.0% | 3.7% | 5.0% | - | 4.9% | 3.6% | 4.9% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.01 | 1.05 | 1.32 | 1.39 | 1.26 | 1.18 | 1.29 | 1.23 | 1.39 | 1.42 |
| Quick ratio | 0.83 | 0.85 | 1.15 | 1.22 | 1.11 | 1.00 | 1.15 | 1.09 | 1.24 | 1.24 |
| Cash ratio | 0.21 | 0.23 | 0.28 | 0.27 | 0.38 | 0.32 | 0.46 | 0.39 | 0.39 | 0.47 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.99 | 2.00 | 1.94 | 1.90 | 1.90 | 1.94 | 1.96 | 1.99 | 1.93 | 1.88 |
| Liabilities / Assets | 0.44 | 0.43 | 0.42 | 0.41 | 0.41 | 0.42 | 0.43 | 0.44 | 0.42 | 0.41 |
| Efficiency | ||||||||||
| Asset turnover | 0.30 | - | 0.29 | 0.25 | 0.27 | - | 0.26 | 0.23 | 0.26 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 11d | - | 10d | 12d | 10d | - | 9d | 10d | 9d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 56.1x | - | 56.5x | 77.1x | 67.6x | - | 58.5x | 56.1x | 56.0x | - |
| P / B | 3.2x | - | 2.8x | 2.9x | 3.4x | - | 2.9x | 2.1x | 2.7x | - |
| P / S | 5.3x | - | 4.9x | 6.0x | 6.6x | - | 5.6x | 4.5x | 5.4x | - |
| EV / EBITDA | 29.8x | - | 29.2x | 38.2x | 37.1x | - | - | - | 30.9x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 9.7% | - | 4.4% | 4.0% | 0.8% | - | 5.4% | 0.9% | 1.4% | - |
| Revenue CAGR (3y) | 3.9% | - | 6.1% | 9.4% | 3.8% | - | 6.3% | 3.0% | 5.0% | - |
| Revenue CAGR (5y) | 5.0% | - | 6.4% | 7.9% | 11.2% | - | 5.8% | 4.8% | 5.1% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 12.0% | - | 7.8% | 14.3% | 6.7% | - | 14.9% | 3.5% | -10.1% | - |
| Net income growth (YoY) | 5.8% | - | -5.1% | 1.4% | 1.7% | - | 21.7% | 7.6% | -0.7% | - |
| EPS growth (YoY) | 13.0% | - | -1.3% | 5.5% | 8.5% | - | 32.8% | 17.0% | 4.4% | - |
| EPS CAGR (3y) | 8.6% | - | 15.8% | 42.6% | 49.6% | - | 47.5% | 9.4% | 10.2% | - |
| EPS CAGR (5y) | 10.4% | - | -7.1% | 11.3% | 36.9% | - | 5.8% | 3.6% | 4.5% | - |
| FCF growth (YoY) | 28.9% | - | - | - | 24.5% | - | - | - | -22.9% | - |
| FCF CAGR (5y) | 19.6% | - | - | - | - | - | - | - | 1.6% | - |
| Book value growth (YoY) | -6.1% | -6.1% | -5.4% | -0.4% | -1.4% | -10.6% | -8.4% | -11.3% | -12.2% | -1.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$12.55B totalKFC$8.87B · 70.7%
Pizza Hut$2.32B · 18.5%
All Other Segments$934.00M · 7.4%
Corporate And Unallocated$418.00M · 3.3%
Product / service
$11.80B totalFood And Non Food Revenues From Sales$11.04B · 93.6%
Transactions With Franchisees$502.00M · 4.3%
Other Revenue$152.00M · 1.3%
Franchise Fees And Income$104.00M · 0.9%
Peer comparison
Same SIC group: Retail-Eating Places
Comparing Yum China Holdings against the 5 most active filers in the same SIC group.
Dividends
$0.58/share trailing 12 months · -27.5% YoY
| Ex-date | Per share |
|---|---|
| May 27, 2026 | $0.2900 |
| Mar 4, 2026 | $0.2900 |
| May 28, 2025 | $0.2400 |
| Mar 6, 2025 | $0.2400 |
| Nov 26, 2024 | $0.1600 |
| Aug 27, 2024 | $0.1600 |
| May 24, 2024 | $0.1600 |
| Mar 4, 2024 | $0.1600 |
| Nov 27, 2023 | $0.1300 |
| Aug 25, 2023 | $0.1300 |
| May 26, 2023 | $0.1300 |
| Mar 6, 2023 | $0.1300 |
| Nov 28, 2022 | $0.1200 |
| Aug 24, 2022 | $0.1200 |
| May 27, 2022 | $0.1200 |
| Mar 7, 2022 | $0.1200 |
| Nov 23, 2021 | $0.1200 |
| Aug 24, 2021 | $0.1200 |
| May 24, 2021 | $0.1200 |
| Mar 2, 2021 | $0.1200 |
| Nov 24, 2020 | $0.1200 |
| Mar 3, 2020 | $0.1200 |
| Nov 25, 2019 | $0.1200 |
| Aug 26, 2019 | $0.1200 |