Company / Operating Margin
Yum! Brands Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
31.3%
FY2025
5-year range
31.3% / 32.8%
FY2021-FY2025
Trend
-1.5%
vs FY2024
Sector context
#4 of 185
Consumer Discretionary
What the data says
Among 185 Consumer Discretionary companies, Yum! Brands is in the top 2% for operating margin. Operating Margin has fluctuated over the past 10 years, ranging from 26.5% in FY2016 to 47.0% in FY2017.
Based on SEC 10-K filings.
31.3% in FY2025 with a 5-year CAGR of +4.7%. Top quartile in the Consumer Discretionary sector.
Declined from 32.8% to 31.3% over the past 2 years.
Consumer Discretionary sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -0.6pp
- 5-Year Change
- +4.7pp
- 10-Year Change
- -
Sector benchmark
+839.7% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 1.5% year-over-year.
- Currently 28.0pp above the Consumer Discretionary sector average.
- Peak operating margin was recorded in FY2017.
- Lowest operating margin in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 1.10 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 31.3% | -1.5% |
| FY2024 | 31.8% | -2.8% |
| FY2023 | 32.8% | +2.5% |
| FY2022 | 32.0% | -1.6% |
| FY2021 | 32.5% | +22.2% |
| FY2020 | 26.6% | -22.9% |
| FY2019 | 34.5% | -14.6% |
| FY2018 | 40.4% | -14.1% |
| FY2017 | 47.0% | +77.5% |
| FY2016 | 26.5% | +18.5% |
As of FY2025 · SEC 10-K · Updated Mar 18, 2026