Yum Brands (YUM) Gross Margin (2009 - 2026)
Yum Brands (YUM) posted Gross Margin of 67.12% for Q1 2026, down 0.7% on a QoQ basis from 67.59% in Q4 2025, and down 378.0% year-over-year from 24.14% in Q1 2025.
Yum Brands (YUM) Gross Margin (2009 - 2026) Analysis & Trends
Yum Brands' Gross Margin history runs 18 years deep, the most recent figure standing at 67.12% for Q1 2026.
- Quarterly Gross Margin fell 378.0% year-over-year to 67.12% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 68.9% (down 215.0% YoY) and the FY2025 annual result came in at 69.77%, down 215.0% from the prior year.
- Gross Margin was 67.12% for Q1 2026 at Yum Brands, down from 67.59% in the prior quarter.
- Across five years, Gross Margin topped out at 75.5% in Q1 2023 and bottomed at 67.12% in Q1 2026.
- A 5-year average of 72.58% and a median of 73.72% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin surged 170 bps — and 2024, when it plunged 450 bps.
- Yum Brands' Gross Margin stood at 73.95% in 2022, then dropped by 0 bps to 73.72% in 2023, then slipped by 6 bps to 69.22% in 2024, then retreated by 2 bps to 67.59% in 2025, then decreased by 1 bps to 67.12% in 2026.
- Business Quant data shows YUM's Gross Margin at 67.12% in Q1 2026, 67.59% in Q4 2025, and 70.34% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Starbucks | 117.61 Bn | 115.91 Bn | 6.32 Bn | 66.34% |
| 2 | Chipotle Mexican Grill | 41.20 Bn | 40.33 Bn | 2.61 Bn | 84.44% |
| 3 | Yum Brands | 40.68 Bn | 39.99 Bn | 1.38 Bn | 67.12% |
| 4 | Restaurant Brands International | 25.13 Bn | 25.66 Bn | 2.14 Bn | 94.61% |
| 5 | Darden Restaurants | 22.23 Bn | 21.99 Bn | 3.68 Bn | 98.84% |
| 6 | Yum China Holdings | 15.22 Bn | 14.47 Bn | 2.31 Bn | 70.56% |
| 7 | Texas Roadhouse | 12.56 Bn | 12.37 Bn | 1.40 Bn | 86.00% |
| 8 | Dominos Pizza | 10.74 Bn | 10.60 Bn | 478.23 Mn | 40.04% |
| 9 | Dutch Bros | 8.14 Bn | 8.10 Bn | 107.48 Mn | 23.14% |
| 10 | Brinker International | 7.99 Bn | 7.93 Bn | 1.10 Bn | 74.62% |
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% |