GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Yum Brands Inc (BSP:YUMR34) » Definitions » Deferred Policy Acquisition Costs

Yum Brands (BSP:YUMR34) Deferred Policy Acquisition Costs


View and export this data going back to 2019. Start your Free Trial

What is Yum Brands Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs only applies to banks and insurance companies.


Yum Brands Business Description

Industry
Address
1441 Gardiner Lane, Louisville, KY, USA, 40213
Yum Brands is a US-based restaurant operator featuring a portfolio of four brands: KFC (31,981 global units at year-end 2024), Pizza Hut (20,225 units), Taco Bell (8,757 units), and Habit Burger & Grill (nearly 400 units). With more than $65 billion in 2024 systemwide sales, the firm is the second-largest restaurant company in the world behind McDonald's ($131 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.