Yum China Holdings (YUMC) Operating Margin (2015 - 2026)
Yum China Holdings (YUMC) posted Operating Margin of 11.09% for Q2 2026, up 0.18 percentage points from 10.91% a year earlier but down 2.58 percentage points from the prior quarter.
Yum China Holdings (YUMC) Operating Margin (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Yum China Holdings was 11.11%, up 0.40 percentage points year-over-year; for FY2025, it was 10.93%, up 0.65 percentage points from FY2024.
- Annual Operating Margin has increased for three consecutive years, though with a five-year change of -0.70 percentage points (FY2020 to FY2025).
- In prior years, Yum China Holdings' Operating Margin was 10.28% in FY2024 (+0.21 pp), 10.07% in FY2023 (+3.50 pp), 6.57% in FY2022 (-7.49 pp) and 14.07% in FY2021 (+2.44 pp).
- Quarterly Operating Margin has run from a low of 1.96% in Q4 2022 to a high of 27.63% in Q4 2021 over five years.
- On a year-over-year basis, Operating Margin has increased in each of the last nine quarters, with an average year-over-year change of +0.72 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q4 2021, with a gain of 19.66 percentage points; the weakest was Q4 2022, with a drop of 25.67 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 13.67% (Q1 2026), 6.62% (Q4 2025) and 12.48% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn | 47.02% |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - | 10.52% |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn | 30.20% |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - | 15.70% |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn | 28.41% |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn | 9.98% |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 28.41% |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn | 11.09% |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - | 8.50% |
| 10 | Luckin Coffee | 10.73 Bn | 9.81 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.09% |
| Mar 31, 2026 | 13.67% |
| Dec 31, 2025 | 6.62% |
| Sep 30, 2025 | 12.48% |
| Jun 30, 2025 | 10.91% |
| Mar 31, 2025 | 13.38% |
| Dec 31, 2024 | 5.82% |
| Sep 30, 2024 | 12.08% |
| Jun 30, 2024 | 9.93% |
| Mar 31, 2024 | 12.64% |
| Dec 31, 2023 | 4.41% |
| Sep 30, 2023 | 11.08% |
| Jun 30, 2023 | 9.68% |
| Mar 31, 2023 | 14.26% |
| Dec 31, 2022 | 1.96% |
| Sep 30, 2022 | 11.77% |
| Jun 30, 2022 | 3.81% |
| Mar 31, 2022 | 7.16% |
| Dec 31, 2021 | 27.63% |
| Sep 30, 2021 | 6.97% |
Yum China Holdings Operating 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=operating-margin&ticker=YUMC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=YUMC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();