Yum Brands (YUM) Operating Margin (2009 - 2026)
Yum Brands' (YUM) quarterly Operating Margin came in at 31.28% in Q1 2026, up 61.0% YoY from 19.43% in Q1 2025, and up 6.59% on a QoQ basis from 29.34% in Q4 2025.
Yum Brands (YUM) Operating Margin (2009 - 2026) Analysis & Trends
Yum Brands (YUM) has 18 years of Operating Margin data on file, last reported at 31.28% in Q1 2026.
- Quarterly Operating Margin rose 61.0% year-over-year to 31.28% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 31.46% (up 5.0% YoY) and the FY2025 annual result came in at 31.34%, down 50.0% from the prior year.
- Operating Margin advanced to 31.28% in Q1 2026, from 29.34% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 35.89% in Q3 2023 to a low of 27.82% in Q4 2024.
- A 5-year average of 32.12% and a median of 32.54% in 2024 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin sank 364 bps — and 2023, when it surged 260 bps.
- Tracing YUM's Operating Margin over 5 years: stood at 28.63% in 2022, then rose by 4 bps to 29.91% in 2023, then slipped by 7 bps to 27.82% in 2024, then increased by 5 bps to 29.34% in 2025, then increased by 7 bps to 31.28% in 2026.
- The last three Operating Margin figures came in at 31.28% (Q1 2026), 29.34% (Q4 2025), and 33.65% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 193.05 Bn | 192.23 Bn | 6.42 Bn | 47.02% |
| 2 | Starbucks | 122.77 Bn | 119.16 Bn | 6.49 Bn | 10.52% |
| 3 | Chipotle Mexican Grill | 42.40 Bn | 41.73 Bn | 2.35 Bn | 15.70% |
| 4 | Yum Brands | 40.42 Bn | 39.75 Bn | 1.47 Bn | 30.20% |
| 5 | Restaurant Brands International | 27.11 Bn | 27.59 Bn | 1.89 Bn | 28.41% |
| 6 | Darden Restaurants | 25.70 Bn | 25.48 Bn | 3.68 Bn | 13.90% |
| 7 | Restaurant Brands International Limited Partnership | 17.24 Bn | 16.18 Bn | 1.89 Bn | 28.41% |
| 8 | Yum China Holdings | 16.42 Bn | 15.74 Bn | 2.22 Bn | 11.09% |
| 9 | Texas Roadhouse | 13.58 Bn | 13.40 Bn | 1.44 Bn | 8.50% |
| 10 | Dominos Pizza | 11.46 Bn | 11.32 Bn | 478.23 Mn | 19.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.20% |
| Mar 31, 2026 | 31.28% |
| Dec 31, 2025 | 29.34% |
| Sep 30, 2025 | 33.65% |
| Jun 30, 2025 | 32.18% |
| Mar 31, 2025 | 30.67% |
| Dec 31, 2024 | 27.82% |
| Sep 30, 2024 | 33.90% |
| Jun 30, 2024 | 34.43% |
| Mar 31, 2024 | 32.54% |
| Dec 31, 2023 | 29.91% |
| Sep 30, 2023 | 35.89% |
| Jun 30, 2023 | 33.97% |
| Mar 31, 2023 | 31.79% |
| Dec 31, 2022 | 28.63% |
| Sep 30, 2022 | 33.29% |
| Jun 30, 2022 | 33.86% |
| Mar 31, 2022 | 32.90% |
| Dec 31, 2021 | 26.56% |
| Sep 30, 2021 | 32.81% |