12 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 7.4% per year over the past 5 years.
Net income has grown slower than revenue (3.5% vs 7.4% per year).
Operating margin has been roughly flat, at 10.9% in the latest year.
Free cash flow has grown 3.9% per year over the past 5 years.
Shareholder returns
Dividends have been paid for 9 consecutive years, consuming 38.0% of earnings and 42.0% of free cash flow.
The dividend has grown 30.0% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
2025
$11.8B
$929M
0.0%
10.9%
17.3%
8.6%
$840M
—
$506M
2024
$11.3B
$911M
0.0%
10.3%
15.9%
8.2%
$714M
—
$723M
2023
$11.0B
$827M
0.0%
10.1%
12.9%
6.9%
$763M
—
$1.1B
2022
$9.6B
$442M
0.0%
6.6%
6.8%
3.7%
$734M
—
$1.1B
2021
$9.9B
$990M
0.0%
14.1%
14.0%
7.5%
$442M
—
$1.1B
2020
$8.3B
$784M
0.0%
11.6%
12.6%
7.2%
$695M
—
$1.2B
2019
$8.8B
$713M
0.0%
10.3%
23.2%
10.3%
$750M
—
$1.0B
2018
$8.4B
$708M
0.0%
11.2%
24.6%
15.4%
$863M
—
$1.3B
2017
$7.8B
$398M
25.0%
10.0%
14.4%
9.3%
$469M
—
$1.1B
2016
$7.1B
$498M
20.7%
9.0%
21.0%
13.4%
$430M
—
$885M
2015
$6.9B
$323M
14.2%
7.1%
16.8%
10.1%
$401M
—
$425M
2014
$6.9B
-$7M
13.1%
0.0%
—
—
$250M
—
$238M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Jun '26
$3.1B
$244M
0.0%
11.1%
4.6%
2.2%
$299M
—
$485M
Mar '26
$3.3B
$309M
0.0%
13.7%
5.7%
2.9%
$406M
—
$473M
Dec '25
$2.8B
$140M
0.0%
6.6%
2.6%
1.3%
-$116M
—
$506M
Sep '25
$3.2B
$282M
0.0%
12.5%
5.0%
2.6%
$351M
—
$648M
Jun '25
$2.8B
$215M
0.0%
10.9%
3.7%
2.0%
$290M
—
$592M
Mar '25
$3.0B
$292M
0.0%
13.4%
5.0%
2.7%
$315M
—
$825M
Dec '24
$2.6B
$115M
0.0%
5.8%
2.0%
1.0%
-$15M
—
$723M
Sep '24
$3.1B
$297M
0.0%
12.1%
4.9%
2.5%
$244M
—
$1.2B
Jun '24
$2.7B
$212M
0.0%
9.9%
3.6%
1.8%
$232M
—
$1.0B
Mar '24
$3.0B
$287M
0.0%
12.6%
4.9%
2.5%
$253M
—
$883M
Dec '23
$2.5B
$97M
0.0%
4.4%
1.5%
0.8%
-$72M
—
$1.1B
Sep '23
$2.9B
$244M
0.0%
11.1%
3.7%
2.0%
$243M
—
$1.1B
Jun '23
$2.7B
$197M
0.0%
9.7%
3.0%
1.7%
$264M
—
$1.2B
Mar '23
$2.9B
$289M
0.0%
14.3%
4.3%
2.4%
$328M
—
$1.1B
Dec '22
$2.1B
$53M
0.0%
2.0%
0.8%
0.4%
-$86M
—
$1.1B
Sep '22
$2.7B
$206M
0.0%
11.8%
3.2%
1.8%
$558M
—
$1.2B
Jun '22
$2.1B
$83M
0.0%
3.8%
1.3%
0.7%
$296M
—
$1.1B
Mar '22
$2.7B
$100M
0.0%
7.2%
1.5%
0.8%
-$34M
—
$1.0B
Dec '21
$2.3B
$475M
0.0%
27.6%
6.7%
3.6%
-$150M
—
$1.1B
Sep '21
$2.6B
$104M
0.0%
7.0%
1.6%
0.9%
$122M
—
$1.3B
Valuation over time
How the market has priced YUMC against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 49.1× (Mar '23) to 17.4× (Nov '26).
The price-to-sales ratio has fallen from 2.3× (Mar '23) to 1.4× (Nov '26).
The dividend yield has risen from 0.9% (Mar '23) to 2.2% (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is YUMC growing its revenue and profit?
Over the past 5 years, Yum China Holdings, Inc.'s revenue has grown 7.4% per year, and net income grown 3.5% per year. These are computed facts, not advice.
How much debt does YUMC have?
As of FY2025, Yum China Holdings, Inc. reported — of total debt against $506M of cash.
What is YUMC's profit margin?
In FY2025, gross margin was —, operating margin 10.9%, and net margin 7.9%.
What is YUMC's P/E ratio?
Yum China Holdings, Inc.'s P/E (TTM) is 16.53 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the YUMC stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 17.4× as of Nov '26) can differ. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.