YUM Yum Brands margins

Relative Growth: Rel. Growth: 92

Relative Strength: Rel. Strength: 30

Relative Valuation: Rel. Valuation: 67

Relative Profitability: Rel. Profitability: 60

Gross margin

45.3%

Operating margin

31%

EBITDA margin

33.8%

Net margin

25.4%

Current Yum Brands reports a gross margin of 45.3%, an operating margin of 31%, an EBITDA margin of 33.8%, and a net margin of 25.4%. Net margin increased the most, by 7.3 percentage points, while gross margin fell the most, by 1 percentage points.

YUM margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Yum Brands's margins averaged 47.35% gross, 31.85% operating, 34.24% EBITDA, and 20.7% net. Currently, net margin is above its three-year average, while gross, operating, and EBITDA margins are below their three-year averages.

YUM margin expansion

Year-over-year margin changes in percentage points

Year over year, operating margin expanded by 0.1 percentage points, EBITDA margin by 0.4 percentage points, and net margin by 7.3 percentage points, while gross margin contracted by 1 percentage point.

Gross margin expansion

-1pp

Operating margin expansion

0.1pp

EBITDA margin expansion

0.4pp

Net margin expansion

7.3pp

YUM Gross margin

Over the last 3 years, Yum Brands's gross margin averaged 47.35%. Currently, Yum Brands's current gross margin is 45.3%, which is 2.1 percentage points below its three-year average. During this period, gross margin reached a high of 49.6% in Mar 2024 and a low of 45.3% in Jun 2026.

YUM Operating margin

Yum Brands recorded an average operating margin of 31.85% across the last 3 years. Yum Brands currently reports an operating margin of 31%, 0.9 percentage points below its three-year average. Yum Brands's operating margin ranged from a low of 30.9% in Jun 2025 to a high of 33.1% in Jun 2024.

YUM EBITDA margin

Reviewing the last 3 years, Yum Brands recorded an average EBITDA margin of 34.24%. Yum Brands's current EBITDA margin is 33.8% and is 0.4 percentage points below its three-year average. The highest EBITDA margin for Yum Brands was 35.4% in Mar 2024, while the lowest was 33.4% in Jun 2025.

YUM Net margin

Yum Brands recorded an average net margin of 20.7% across the last 3 years. The current net margin stands at 25.4%, 4.7 percentage points above its three-year average. Net margin was highest at 25.4% in Jun 2026 and lowest at 18% in Sep 2025.

YUM margin group comparison

Margins compared with peer-group, industry and sector averages

Yum Brands's gross margin of 45.3% is higher than the Consumer Cyclical sector, the industry and its peers average. In comparison with the Consumer Cyclical sector average of 36.3%, Yum Brands's gross margin is 25% higher.

YUM margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Yum Brands's gross margin?

The current gross margin for YUM is 45.3% as of Jun 30, 2026.

What is Yum Brands's operating margin?

For the period ending Jun 30, 2026, YUM recorded an operating margin of 31%.

What is Yum Brands's EBITDA margin?

As of Jun 30, 2026, YUM has an EBITDA margin of 33.8%.

What is Yum Brands's net margin?

The current net margin for YUM is 25.4% as of Jun 30, 2026.

What are the average margins of YUM?

Yum Brands's average margins over the last 3 years were 47.4% gross, 31.9% operating, 34.2% EBITDA, and 20.7% net.

What are the highest historical margins of YUM?

In the last 5 years, the highest margins reported by YUM were 49.6% gross in Mar 2024, 33.1% operating in Jun 2024, 36.2% EBITDA in Dec 2021, and 25.4% net in Jun 2026.

What are the lowest historical margins of YUM?

Across the 5-year period, YUM posted its lowest margins at 45.3% gross in Jun 2026, 30.9% operating in Jun 2025, 33.3% EBITDA in Mar 2023, and 17.7% net in Mar 2023.