Yum China Holdings (YUMC) Gross Margin (2015 - 2026)
Yum China Holdings' Gross Margin was 17.11% in Q2 2026, up 0.03 percentage points from 17.08% a year earlier but down 1.69 percentage points from the prior quarter.
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Analysis
Yum China Holdings (YUMC) Gross Margin (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Yum China Holdings' Gross Margin was 17.23% through Jun 30, 2026, up 0.14 percentage points year-over-year; for FY2025, it was 17.28%, up 0.56 percentage points from FY2024.
- Gross Margin shows a five-year change of +1.95 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 16.72% in FY2024 (-0.45 pp), 17.17% in FY2023 (+2.26 pp), 14.91% in FY2022 (+0.64 pp) and 14.27% in FY2021 (-1.06 pp).
- Quarterly Gross Margin has moved between 8.99% (Q4 2021) and 20.81% (Q1 2023) over five years.
- Compared with a year earlier, Gross Margin was higher in seven of the last eight quarters, with an average year-over-year change of +0.43 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q3 2022 (a gain of 6.45 percentage points); the worst was Q4 2021 (a drop of 6.99 percentage points).
- Per Business Quant data, YUMC's Gross Margin in the three quarters before Q2 2026 was 18.80% (Q1 2026), 14.49% (Q4 2025) and 18.15% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn | 90.42% |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - | - |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn | 67.73% |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - | - |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn | 54.64% |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn | 52.65% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 54.64% |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn | 17.11% |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - | - |
| 10 | Luckin Coffee | 10.73 Bn | 9.81 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.11% |
| Mar 31, 2026 | 18.80% |
| Dec 31, 2025 | 14.49% |
| Sep 30, 2025 | 18.15% |
| Jun 30, 2025 | 17.08% |
| Mar 31, 2025 | 19.19% |
| Dec 31, 2024 | 13.72% |
| Sep 30, 2024 | 17.91% |
| Jun 30, 2024 | 16.46% |
| Mar 31, 2024 | 18.36% |
| Dec 31, 2023 | 12.39% |
| Sep 30, 2023 | 17.88% |
| Jun 30, 2023 | 16.88% |
| Mar 31, 2023 | 20.81% |
| Dec 31, 2022 | 11.69% |
| Sep 30, 2022 | 19.33% |
| Jun 30, 2022 | 13.06% |
| Mar 31, 2022 | 14.47% |
| Dec 31, 2021 | 8.99% |
| Sep 30, 2021 | 12.88% |
API Access
Yum China Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=YUMC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "YUMC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=YUMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();