{ "ok": true, "cik": "1041061", "ticker": "YUM", "name": "YUM! BRANDS, INC.", "filings": [ { "form": "8-K", "filed": "2026-09-01", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers", "7.01 Regulation FD Disclosure", "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1041061/000104106126000187/0001041061-26-000187-index.htm" }, { "form": "8-K", "filed": "2026-08-21", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers" ], "url": "https://www.sec.gov/Archives/edgar/data/1041061/000104106126000171/0001041061-26-000171-index.htm" }, { "form": "8-K", "filed": "2026-08-07", "items": [ "1.01 Entry into a Material Definitive Agreement", "2.01 Completion of Acquisition or Disposition of Assets", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1041061/000110465926092305/0001104659-26-092305-index.htm" }, { "form": "10-Q", "filed": "2026-08-05", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1041061/000104106126000160/0001041061-26-000160-index.htm" }, { "form": "8-K", "filed": "2026-07-30", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1041061/000104106126000149/0001041061-26-000149-index.htm" }, { "form": "8-K", "filed": "2026-06-16", "items": [ "1.01 Entry into a Material Definitive Agreement", "8.01 Other Events" ], "url": "https://www.sec.gov/Archives/edgar/data/1041061/000119312526272881/0001193125-26-272881-index.htm" } ], "events12m": 15, "healthWatch": { "window": "last 12 months", "since": "2025-09-26", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 5, "latest": { "filed": "2026-09-01", "url": "https://www.sec.gov/Archives/edgar/data/1041061/000104106126000187/0001041061-26-000187-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001041061.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1041061" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up YUM! BRANDS, INC. ($YUM). Last filing: 8-K (5.02 Departure or Election of Directors; Appointment of Officers), 2026-09-01. 15 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 8214000000, "revenueGrowth1y": 0.08809113789905942, "revenueGrowthPerYear": 0.05685697765447917, "yearsOfData": 5, "operatingMargin": 0.3133674214755296, "operatingMarginPrior": 0.31832030732547356, "netMargin": 0.18979790601412222, "operatingCashFlow": 2010000000, "capitalSpending": 371000000, "freeCashFlow": 1639000000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 709000000, "longTermDebt": 11976000000, "longTermDebtChange": 0.05015783935461249, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 6584000000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 6842000000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 7076000000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 7549000000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 8214000000 } ], "totalEquity": -7325000000, "totalAssets": 8197000000, "equityRatio": -0.8936196169330243, "returnOnEquity": null, "dividendsPaid": 789000000, "payoutRatio": 0.5060936497754971, "dividendPerShare": 2.84, "dividendYearsRising": 8, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 5.59, "sharesOutstanding": 281000000, "bookValuePerShare": -26.06761565836299, "revenuePerShare": 29.231316725978647, "range80": { "low": 7912730878.2680855, "high": 9414527129.849918, "baseline": 8833766828.484606, "n": 4599, "band": "b1", "bandLabel": "$1B–10B", "method": "v4.1", "credibility": 0.5, "growthYears": 4, "ownVolatility": 0.023739733958863942, "classVolatility": 0.07701947805587882, "volatility": 0.05698936290413167 }, "ifPaceHeld": { "low": 7912730878.2680855, "high": 9414527129.849918 } }, "edgarette": "🔖 Exposure: revenue $8.2B (FY2025), total debt $12.0B. Experience: revenue up 8.8% on the year, up 5.7% a year over 4 years; operating margin 31.3%, down from 31.8%. Soundness: equity -89.4% of assets (liabilities exceed assets), payout 50.6% of profit, dividend per share up 8 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $7.9B and $9.4B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $7.4B to $10.0B. A statistical range, not company guidance. Against peers (31 filers, $50M+ revenue, retail-eating places): operating margin 31.3% against a 4.3% median; growth 8.8% against 4.7%.", "peers": { "sic": 5812, "sicDescription": "Retail-Eating Places", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "5812", "growth": [ 0.0466, 33 ], "opMargin": [ 0.0434, 31 ], "equityRatio": [ 0.1419, 31 ], "returnOnEquity": [ 0.079, 20 ], "payoutRatio": [ 0.4122, 16 ] }, "summary": "Yum! Brands (YUM) grew revenue 8.8% in FY2025 to $8.2 billion, operating margin 31.3% against a 4.3% median for retail-eating places, equity -89.4% of assets, and dividend per share up 8 years running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
YUM! BRANDS, INC. against its own record and its peers
Operating marginPeer median 4.3%31.3%Revenue, on the yearPeer median 4.7%8.8%Equity of assetsPeer median 14.2%-89.4%Payout of profitPeer median 41.2%50.6%Gold tick: the median of 16–31 peers with $50M+ revenue in retail-eating places
", "chartHorizon": "
Handed back now, or kept to compound
Of each dollar of profit50.6% paid out49.4% keptHanded back per share$2.84up 8 years runningRevenue growth it managed8.8%last year, for comparison

Gold is paid out to shareholders; navy is kept in the business. Retained profit times return on equity is the pace a company can fund from itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 14, "hits": 10, "rate": 0.7142857142857143, "method": "v4", "byYear": { "2011": [ 0, 1 ], "2012": [ 1, 1 ], "2013": [ 0, 1 ], "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 0, 1 ], "2019": [ 1, 1 ], "2020": [ 1, 1 ], "2021": [ 0, 1 ], "2022": [ 1, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-26T16:36:30.624Z", "hash": "bfc52b97c9e4ab43", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Yum! Brands (YUM) grew revenue 8.8% in FY2025 to $8.2 billion, operating margin 31.3% against a 4.3% median for retail-eating places, equity -89.4% of assets, and dividend per share up 8 years running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 8214000000, "totalDebt": 11976000000, "cash": 709000000 }, "experience": { "revenueGrowth1y": 0.08809113789905942, "revenueGrowthPerYear": 0.05685697765447917, "operatingMargin": 0.3133674214755296, "operatingMarginPrior": 0.31832030732547356, "netMargin": 0.18979790601412222, "freeCashFlow": 1639000000 }, "soundness": { "equityRatio": -0.8936196169330243, "returnOnEquity": null, "payoutRatio": 0.5060936497754971, "dividendPerShare": 2.84, "dividendYearsRising": 8, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 5812, "sicDescription": "Retail-Eating Places", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "5812", "growth": [ 0.0466, 33 ], "opMargin": [ 0.0434, 31 ], "equityRatio": [ 0.1419, 31 ], "returnOnEquity": [ 0.079, 20 ], "payoutRatio": [ 0.4122, 16 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-09-26", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 5, "latest": { "filed": "2026-09-01", "url": "https://www.sec.gov/Archives/edgar/data/1041061/000104106126000187/0001041061-26-000187-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 7912730878.2680855, "high": 9414527129.849918, "baseline": 8833766828.484606, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 4599, "sizeBand": "$1B–10B", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.5, "growthYears": 4, "ownVolatility": 0.023739733958863942, "classVolatility": 0.07701947805587882, "pricedVolatility": 0.05698936290413167, "k": 3 }, "stress": { "low": 7426143773.415809, "high": 10032014924.810417, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 14, "hits": 10, "rate": 0.7142857142857143, "method": "v4", "byYear": { "2011": [ 0, 1 ], "2012": [ 1, 1 ], "2013": [ 0, 1 ], "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 0, 1 ], "2019": [ 1, 1 ], "2020": [ 1, 1 ], "2021": [ 0, 1 ], "2022": [ 1, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-26T16:36:30.624Z", "hash": "bfc52b97c9e4ab43", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001041061.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1041061" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.2447, "growth3y": 0.0628, "volatility": 0.0237, "paysDividend": true, "raisedDividend": true, "equityRatio": -0.8936, "quadrant": { "code": "fs", "label": "Fast and steady", "plain": "growing faster than its size class, with steadier revenue" }, "compass": { "code": "steady", "inside": "Turns 24.5% of revenue into operating cash; revenue growing 6.3% a year over three years; pays and raised its dividend; liabilities exceed assets.", "outside": "Among $1B-10B companies: 73rd percentile for cash, 57th for growth.", "emoji": "🐂", "label": "Steady earner", "plain": "steady and paying a dividend, with average cash" }, "band": "$1B-10B", "cashPctInClass": 73, "growthPctInClass": 57, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "balance", "text": "liabilities exceed assets (often from years of share buybacks, not always distress)" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 1, "name": "Sound ship", "plain": "one warning sign" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 2010000000, "investing": -1003000000, "financing": -924000000, "capitalSpending": 371000000, "free": 1639000000, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 1706000000, "free": 1476000000 }, { "fiscalYearEnd": "2022-12-31", "operating": 1427000000, "free": 1148000000 }, { "fiscalYearEnd": "2023-12-31", "operating": 1603000000, "free": 1318000000 }, { "fiscalYearEnd": "2024-12-31", "operating": 1689000000, "free": 1432000000 }, { "fiscalYearEnd": "2025-12-31", "operating": 2010000000, "free": 1639000000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 709000000, "shortTerm": 0, "longTerm": null, "equityHoldings": null, "totalAssets": 8197000000, "ladder": null, "currentRatio": 1.35, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.2447, "growth3y": 0.0628, "volatility": 0.0237, "paysDividend": true, "raisedDividend": true, "equityRatio": -0.8936, "quadrant": { "code": "fs", "label": "Fast and steady", "plain": "growing faster than its size class, with steadier revenue" }, "compass": { "code": "steady", "inside": "Turns 24.5% of revenue into operating cash; revenue growing 6.3% a year over three years; pays and raised its dividend; liabilities exceed assets.", "outside": "Among $1B-10B companies: 73rd percentile for cash, 57th for growth.", "emoji": "🐂", "label": "Steady earner", "plain": "steady and paying a dividend, with average cash" }, "band": "$1B-10B", "cashPctInClass": 73, "growthPctInClass": 57, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "balance", "text": "liabilities exceed assets (often from years of share buybacks, not always distress)" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 1, "name": "Sound ship", "plain": "one warning sign" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 2010000000, "investing": -1003000000, "financing": -924000000, "capitalSpending": 371000000, "free": 1639000000, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 1706000000, "free": 1476000000 }, { "fiscalYearEnd": "2022-12-31", "operating": 1427000000, "free": 1148000000 }, { "fiscalYearEnd": "2023-12-31", "operating": 1603000000, "free": 1318000000 }, { "fiscalYearEnd": "2024-12-31", "operating": 1689000000, "free": 1432000000 }, { "fiscalYearEnd": "2025-12-31", "operating": 2010000000, "free": 1639000000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 709000000, "shortTerm": 0, "longTerm": null, "equityHoldings": null, "totalAssets": 8197000000, "ladder": null, "currentRatio": 1.35, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }