YUM Yum Brands margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 70

Gross margin

44.7%

Operating margin

49.5%

EBITDA margin

52.3%

Net margin

39.1%

Current Yum Brands reports a gross margin of 44.7%, an operating margin of 49.5%, an EBITDA margin of 52.3%, and a net margin of 39.1%. Net margin increased the most, by 21.1 percentage points, while gross margin fell the most, by 1.5 percentage points.

YUM margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Yum Brands's margins averaged 47.13% gross, 33.32% operating, 35.74% EBITDA, and 22.23% net. Currently, operating, EBITDA, and net margins are above their three-year averages, while gross margin is below its three-year average.

YUM margin expansion

Year-over-year margin changes in percentage points

Year over year, operating margin expanded by 18.6 percentage points, EBITDA margin by 18.9 percentage points, and net margin by 21.1 percentage points, while gross margin contracted by 1.5 percentage points.

Gross margin expansion

-1.5pp

Operating margin expansion

18.6pp

EBITDA margin expansion

18.9pp

Net margin expansion

21.1pp

YUM Gross margin

Over the last 3 years, Yum Brands's gross margin averaged 47.13%. Currently, Yum Brands's current gross margin is 44.7%, which is 2.4 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 44.7% in Sep 2026.

YUM Operating margin

Yum Brands recorded an average operating margin of 33.32% across the last 3 years. Yum Brands currently reports an operating margin of 49.5%, 16.2 percentage points above its three-year average. Yum Brands's operating margin ranged from a low of 30.9% in Jun 2025 to a high of 49.5% in Sep 2026.

YUM EBITDA margin

Reviewing the last 3 years, Yum Brands recorded an average EBITDA margin of 35.74%. Yum Brands's current EBITDA margin is 52.3% and is 16.6 percentage points above its three-year average. The highest EBITDA margin for Yum Brands was 52.3% in Sep 2026, while the lowest was 33.4% in Jun 2025.

YUM Net margin

Yum Brands recorded an average net margin of 22.23% across the last 3 years. The current net margin stands at 39.1%, 16.9 percentage points above its three-year average. Net margin was highest at 39.1% in Sep 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 44.7% 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 23% 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 44.7% as of Sep 30, 2026.

What is Yum Brands's operating margin?

For the period ending Sep 30, 2026, YUM recorded an operating margin of 49.5%.

What is Yum Brands's EBITDA margin?

As of Sep 30, 2026, YUM has an EBITDA margin of 52.3%.

What is Yum Brands's net margin?

The current net margin for YUM is 39.1% as of Sep 30, 2026.

What are the average margins of YUM?

Yum Brands's average margins over the last 3 years were 47.1% gross, 33.3% operating, 35.7% EBITDA, and 22.2% 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, 49.5% operating in Sep 2026, 52.3% EBITDA in Sep 2026, and 39.1% net in Sep 2026.

What are the lowest historical margins of YUM?

Across the 5-year period, YUM posted its lowest margins at 44.7% gross in Sep 2026, 30.9% operating in Jun 2025, 33.3% EBITDA in Mar 2023, and 17.7% net in Mar 2023.