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
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
FCF
Total debt
Cash
2025
$11.8B
$929M
0.0%
10.9%
$840M
—
$506M
2024
$11.3B
$911M
0.0%
10.3%
$714M
—
$723M
2023
$11.0B
$827M
0.0%
10.1%
$763M
—
$1.1B
2022
$9.6B
$442M
0.0%
6.6%
$734M
—
$1.1B
2021
$9.9B
$990M
0.0%
14.1%
$442M
—
$1.1B
2020
$8.3B
$784M
0.0%
11.6%
$695M
—
$1.2B
2019
$8.8B
$713M
0.0%
10.3%
$750M
—
$1.0B
2018
$8.4B
$708M
0.0%
11.2%
$863M
—
$1.3B
2017
$7.8B
$398M
25.0%
10.0%
$469M
—
$1.1B
2016
$7.1B
$498M
20.7%
9.0%
$430M
—
$885M
2015
$6.9B
$323M
14.2%
7.1%
$401M
—
$425M
2014
$6.9B
-$7M
13.1%
0.0%
$250M
—
$238M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$3.3B
$309M
0.0%
13.7%
$406M
—
$473M
Dec '25
$2.8B
$140M
0.0%
6.6%
-$116M
—
$506M
Sep '25
$3.2B
$282M
0.0%
12.5%
$351M
—
$648M
Jun '25
$2.8B
$215M
0.0%
10.9%
$290M
—
$592M
Mar '25
$3.0B
$292M
0.0%
13.4%
$315M
—
$825M
Dec '24
$2.6B
$115M
0.0%
5.8%
-$15M
—
$723M
Sep '24
$3.1B
$297M
0.0%
12.1%
$244M
—
$1.2B
Jun '24
$2.7B
$212M
0.0%
9.9%
$232M
—
$1.0B
Mar '24
$3.0B
$287M
0.0%
12.6%
$253M
—
$883M
Dec '23
$2.5B
$97M
0.0%
4.4%
-$72M
—
$1.1B
Sep '23
$2.9B
$244M
0.0%
11.1%
$243M
—
$1.1B
Jun '23
$2.7B
$197M
0.0%
9.7%
$264M
—
$1.2B
Mar '23
$2.9B
$289M
0.0%
14.3%
$328M
—
$1.1B
Dec '22
$2.1B
$53M
0.0%
2.0%
-$86M
—
$1.1B
Sep '22
$2.7B
$206M
0.0%
11.8%
$558M
—
$1.2B
Jun '22
$2.1B
$83M
0.0%
3.8%
$296M
—
$1.1B
Mar '22
$2.7B
$100M
0.0%
7.2%
-$34M
—
$1.0B
Dec '21
$2.3B
$475M
0.0%
27.6%
-$150M
—
$1.1B
Sep '21
$2.6B
$104M
0.0%
7.0%
$122M
—
$1.3B
Jun '21
$2.5B
$181M
0.0%
9.5%
$304M
—
$1.2B
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 50.1× (Mar '23) to 15.1× (Jun '26).
The price-to-sales ratio has fallen from 2.3× (Mar '23) to 1.2× (Jun '26).
The dividend yield has risen from 0.9% (Mar '23) to 2.5% (Jun '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?
As of Jun '26, Yum China Holdings, Inc. traded at a price-to-earnings ratio of about 15.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.