Yum China Holdings (YUMC) Gross Margin (2015 - 2026)
Yum China Holdings (YUMC) reported Gross Margin of 70.56% for Q1 2026, down 2847.0% on a YoY basis from 2.57% in Q1 2025, and up 470.24% sequentially from 19.06% in Q4 2025.
Yum China Holdings (YUMC) Gross Margin (2015 - 2026) Analysis & Trends
Yum China Holdings (YUMC) has 12 years of Gross Margin data on file, last reported at 70.56% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 2847.0% year-over-year to 70.56%; the trailing twelve-month figure through Mar 2026 stood at 58.4% (down 2717.0% YoY), and the FY2025 full-year result was 70.71%, up 68.0% from the prior year.
- Gross Margin improved to 70.56% in Q1 2026, from 19.06% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 99.36% in Q1 2022 to a low of 26.23% in Q4 2023.
- A 5-year average of 76.6% and a median of 98.91% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin tumbled 12504 bps in 2023 and jumped 9633 bps in 2024, its largest moves.
- Tracing YUMC's Gross Margin over 5 years: stood at 98.8% in 2022, then slumped by 127 bps to 26.23% in 2023, then jumped by 367 bps to 70.1% in 2024, then plunged by 127 bps to 19.06% in 2025, then surged by 470 bps to 70.56% in 2026.
- Business Quant data shows YUMC's Gross Margin at 70.56% in Q1 2026, 19.06% in Q4 2025, and 98.91% 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 | 70.56% |
| Dec 31, 2025 | -19.06% |
| Sep 30, 2025 | 98.91% |
| Jun 30, 2025 | 76.00% |
| Mar 31, 2025 | 99.03% |
| Dec 31, 2024 | 70.10% |
| Sep 30, 2024 | 98.96% |
| Jun 30, 2024 | 70.25% |
| Mar 31, 2024 | 69.71% |
| Dec 31, 2023 | -26.23% |
| Sep 30, 2023 | 99.00% |
| Jun 30, 2023 | 99.10% |
| Mar 31, 2023 | 99.18% |
| Dec 31, 2022 | 98.80% |
| Sep 30, 2022 | 99.33% |
| Jun 30, 2022 | 99.15% |
| Mar 31, 2022 | 99.36% |
| Dec 31, 2021 | 98.95% |
| Sep 30, 2021 | 99.33% |
| Jun 30, 2021 | 99.47% |