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Yum Brands (Yum Brands) Gross Profit

: $3,496 Mil (TTM As of Dec. 2023)
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Yum Brands's gross profit for the three months ended in Dec. 2023 was $973 Mil. Yum Brands's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $3,496 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Yum Brands's gross profit for the three months ended in Dec. 2023 was $973 Mil. Yum Brands's Revenue for the three months ended in Dec. 2023 was $2,036 Mil. Therefore, Yum Brands's Gross Margin % for the quarter that ended in Dec. 2023 was 47.79%.

Yum Brands had a gross margin of 47.79% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Yum Brands was 50.28%. The lowest was 38.83%. And the median was 47.14%.


Yum Brands Gross Profit Historical Data

The historical data trend for Yum Brands's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Yum Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,814.00 2,687.00 3,166.00 3,307.00 3,496.00

Yum Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 945.00 811.00 852.00 860.00 973.00

Competitive Comparison

For the Restaurants subindustry, Yum Brands's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Yum Brands Gross Profit Distribution

For the Restaurants industry and Consumer Cyclical sector, Yum Brands's Gross Profit distribution charts can be found below:

* The bar in red indicates where Yum Brands's Gross Profit falls into.



Yum Brands Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Yum Brands's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=7076 - 3580
=3,496

Yum Brands's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=2036 - 1063
=973

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,496 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Yum Brands's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=973 / 2036
=47.79 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Yum Brands  (NYSE:YUM) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Yum Brands had a gross margin of 47.79% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Yum Brands Gross Profit Related Terms

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Yum Brands (Yum Brands) Business Description

Address
1441 Gardiner Lane, Louisville, KY, USA, 40213
Yum Brands is a U.S.-based restaurant operator featuring a portfolio of four brands: KFC (27,760 global units at year-end 2022), Pizza Hut (19,034 units), Taco Bell (8,203 units), and The Habit Burger Grill (346 units). With $59 billion in 2022 systemwide sales, the firm is the second-largest restaurant company in the world behind McDonald's ($116 billion), ahead of Restaurant Brands International ($39 billion) and Starbucks ($27 billion). Yum is 98% franchised, with the largest franchisee, Yum China, spun out in 2016 (after which Yum China agreed to pay 3% royalties to Yum Brands in perpetuity). Yum is the newest evolution of Tricon, formerly a division of PepsiCo, and generates the bulk of its revenue from franchise royalties and marketing contributions.
Executives
David W Gibbs director, officer: Chief Executive Officer 7100 CORPORATE DRIVE, PLANO TX 75024
Mark James King officer: CEO - Taco Bell 1441 GARDINER LANE, LOUISVILLE KY 40213
M. Brett Biggs director 702 SW 8TH STREET, BENTONVILLE AR 72716
Susan Doniz director C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, MC 5003-1001, CHICAGO IL 60606-1596
Graddick Weir Mirian M director 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Scott Catlett officer: General Counsel and Corp. Sec. 1441GARDINER LANE, LOUISVILLE KY 40213
Tracy L Skeans officer: Chief People Officer 1441 GARDINER LANE, LOUISVILLE KY 40213
David Eric Russell officer: Vice President, Controller 1441 GARDINER LANE, LOUISVILLE KY 40213
Sabir Sami officer: Chief Executive Officer - KFC 1441 GARDINER LANE, LOUISVILLE KY 40213
Anthony Lowings officer: CEO, KFC Division 1441 GARDINER LANE, LOUISVILLE KY 40213
Aaron Powell officer: CEO - Pizza Hut P.O. BOX 619100, DALLAS TX 75261-9100
Lauren R Hobart director 345 COURT STREET, CORAOPOLIS PA 15275
Greg Creed officer: President Taco Bell 1441 GARDINER LANE, LOUISVILLE KY 40213
Scrivner Annie Young director 2401 UTAH AVE. S. SUITE 800, SEATTLE WA 98134
Keith Barr director BROADWATER PARK, DENHAM, BUCKINGHAMSHIRE X0 UB9 5HR

Yum Brands (Yum Brands) Headlines