Yum Brands (YUM) Gross Margin (2009 - 2026)
Yum Brands (YUM) reported Gross Margin of 67.12% for Q1 2026, down 378.0% on a YoY basis from 24.14% in Q1 2025, and down 0.7% quarter-over-quarter from 67.59% in Q4 2025.
Yum Brands (YUM) Gross Margin (2009 - 2026) Analysis & Trends
Yum Brands has reported Gross Margin for 18 years, with the latest figure at 67.12% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 378.0% year-over-year to 67.12%; the trailing twelve-month figure through Mar 2026 stood at 68.9% (down 215.0% YoY), and the FY2025 full-year result was 69.77%, down 215.0% from the prior year.
- Gross Margin for Q1 2026 stood at 67.12%, down from 67.59% in the prior quarter.
- The five-year high for Gross Margin was 75.5% in Q1 2023, with the low at 67.12% in Q1 2026.
- Historically, Gross Margin has averaged 72.58% across 5 years, with a median of 73.72% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin surged 170 bps — and 2024, when it sank 450 bps.
- Yum Brands' Gross Margin stood at 73.95% in 2022, then decreased by 0 bps to 73.72% in 2023, then retreated by 6 bps to 69.22% in 2024, then declined by 2 bps to 67.59% in 2025, then fell by 1 bps to 67.12% in 2026.
- The last three Gross Margin figures came in at 67.12% (Q1 2026), 67.59% (Q4 2025), and 70.34% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 114.58 Bn | 112.88 Bn | 9.40 Bn | 98.63% |
| 2 | Chipotle Mexican Grill | 42.15 Bn | 41.28 Bn | 2.61 Bn | 84.44% |
| 3 | Yum Brands | 42.13 Bn | 41.44 Bn | 1.38 Bn | 67.12% |
| 4 | Restaurant Brands International | 25.46 Bn | 25.99 Bn | 2.14 Bn | 94.61% |
| 5 | Darden Restaurants | 24.75 Bn | 24.51 Bn | 3.31 Bn | 98.82% |
| 6 | Yum China Holdings | 15.17 Bn | 13.74 Bn | 3.24 Bn | 99.05% |
| 7 | Texas Roadhouse | 11.72 Bn | 11.53 Bn | 1.40 Bn | 86.00% |
| 8 | Dominos Pizza | 10.51 Bn | 10.28 Bn | 464.51 Mn | 40.37% |
| 9 | Cava | 10.34 Bn | 9.94 Bn | 797.57 Mn | 290.04% |
| 10 | Dutch Bros | 8.99 Bn | 8.95 Bn | 107.48 Mn | 23.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 67.12% |
| Dec 31, 2025 | 67.59% |
| Sep 30, 2025 | 70.34% |
| Jun 30, 2025 | 71.03% |
| Mar 31, 2025 | 70.90% |
| Dec 31, 2024 | 69.22% |
| Sep 30, 2024 | 71.36% |
| Jun 30, 2024 | 73.34% |
| Mar 31, 2024 | 74.97% |
| Dec 31, 2023 | 73.72% |
| Sep 30, 2023 | 75.35% |
| Jun 30, 2023 | 75.40% |
| Mar 31, 2023 | 75.50% |
| Dec 31, 2022 | 73.95% |
| Sep 30, 2022 | 75.49% |
| Jun 30, 2022 | 74.63% |
| Mar 31, 2022 | 74.01% |
| Dec 31, 2021 | 73.81% |
| Sep 30, 2021 | 73.79% |
| Jun 30, 2021 | 73.97% |