Yum China Holdings (YUMC) Gross Margin (2015 - 2026)
Yum China Holdings' (YUMC) quarterly Gross Margin came in at 70.75% in Q2 2026, down 19.0% year-over-year from 87.34% in Q2 2025, and little changed quarter-over-quarter from 70.56% in Q1 2026.
Yum China Holdings (YUMC) Gross Margin (2015 - 2026) Analysis & Trends
Yum China Holdings has disclosed Gross Margin across 12 years of filings, most recently posting 70.75% for Q2 2026.
- In Q2 2026, Gross Margin fell 19.0% year-over-year to 70.75%; the TTM figure through Jun 2026 stood at 70.64% (up 18.0% YoY), while the FY2025 annual figure was 70.71%, up 68.0% from the prior year.
- Gross Margin came in at 70.75% for Q2 2026 at Yum China Holdings, roughly flat from 70.56% 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 33.29% in Q4 2022.
- Average Gross Margin over 5 years is 68.89%, with a median of 70.7% recorded in 2025.
- Year-over-year, Gross Margin slumped 13224 bps in 2022 and surged 9633 bps in 2024.
- Over 5 years, Gross Margin stood at 33.29% in 2022, then gained by 21 bps to 26.23% in 2023, then surged by 367 bps to 70.1% in 2024, then climbed by 1 bps to 70.53% in 2025, then advanced by 0 bps to 70.75% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 70.75% in Q2 2026, 70.56% in Q1 2026, and 70.53% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 168.67 Bn | 167.85 Bn | 6.42 Bn | 90.42% |
| 2 | Starbucks | 107.32 Bn | 103.72 Bn | 6.49 Bn | 69.66% |
| 3 | Chipotle Mexican Grill | 41.40 Bn | 40.73 Bn | 2.35 Bn | 70.33% |
| 4 | Yum Brands | 38.39 Bn | 37.72 Bn | 1.47 Bn | 67.73% |
| 5 | Restaurant Brands International | 25.02 Bn | 25.51 Bn | 1.89 Bn | 74.80% |
| 6 | Darden Restaurants | 24.39 Bn | 24.17 Bn | 3.68 Bn | 98.84% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 15.95 Bn | 1.89 Bn | 74.80% |
| 8 | Yum China Holdings | 14.09 Bn | 13.41 Bn | 2.22 Bn | 70.75% |
| 9 | Texas Roadhouse | 10.81 Bn | 10.63 Bn | 1.44 Bn | 85.89% |
| 10 | Dominos Pizza | 9.81 Bn | 9.60 Bn | 478.23 Mn | 40.04% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.75% |
| Mar 31, 2026 | 70.56% |
| Dec 31, 2025 | 70.53% |
| Sep 30, 2025 | 70.71% |
| Jun 30, 2025 | 70.94% |
| Mar 31, 2025 | 70.68% |
| Dec 31, 2024 | 70.10% |
| Sep 30, 2024 | 70.11% |
| 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 | -33.29% |
| 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% |
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_KEY
import 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();