Yum! Brands (YUM) FY2025 10-K Annual Report

Filed: Feb 20, 2026
Consumer Discretionary
Retail-Eating PlacesSEC EDGAR

Yum! Brands (YUM) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 20, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Yum! Brands FY2025 10-K Analysis

Business Overview

  • Core business model: Global quick-service restaurant operator with brands KFC, Pizza Hut, Taco Bell
  • Emphasis on expanding digital ordering and delivery capabilities amid increasing consumer demand
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Management Discussion & Analysis

  • Revenue $8.214B, up 9% YoY from $7.549B in 2024; system sales ex-FX +5% worldwide and +6% KFC, +8% Taco Bell, -2% Pizza Hut
  • Operating profit $2.574B, margin 31.3% (2,574/8,214) vs 31.8% (2,403/7,549) in 2024; core operating profit $2.684B, up 5% YoY, excluding special items +7%
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Risk Factors

  • Regulatory risk from evolving franchise and licensing fees subject to international trade laws in 155 countries impacting 97% franchised 63,000+ restaurants
  • Macroeconomic exposure to social or civil unrest causing temporary restaurant closures affecting same-store sales growth calculations across global operations
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Yum! Brands FY2025 Key Financial Metrics
XBRL

Revenue

$8.2B

+8.8% YoY

Net Income

$1.6B

+4.9% YoY

Operating Margin

31.3%

-50bp YoY

Net Margin

19.0%

-70bp YoY

ROE

-21.3%

-185bp YoY

Total Assets

$8.2B

+21.9% YoY

EPS (Diluted)

$5.55

+6.3% YoY

Operating Cash Flow

$2.0B

+19.0% YoY

Source: XBRL data from Yum! Brands FY2025 10-K filing on SEC EDGAR. All figures in USD.

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