Yum Brands (MEX:YUM) Retained Earnings : MXN-145,492 Mil (As of Sep. 2024)

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What is Yum Brands Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Yum Brands's retained earnings for the quarter that ended in Sep. 2024 was MXN-145,492 Mil.

Yum Brands's quarterly retained earnings declined from Mar. 2024 (MXN-124,339 Mil) to Jun. 2024 (MXN-134,121 Mil) and declined from Jun. 2024 (MXN-134,121 Mil) to Sep. 2024 (MXN-145,492 Mil).

Yum Brands's annual retained earnings declined from Dec. 2021 (MXN-165,097 Mil) to Dec. 2022 (MXN-165,852 Mil) but then increased from Dec. 2022 (MXN-165,852 Mil) to Dec. 2023 (MXN-129,276 Mil).

Yum Brands Retained Earnings Historical Data

The historical data trend for Yum Brands's Retained Earnings 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.

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Yum Brands Retained Earnings Chart

Yum Brands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-143,864.08

-148,792.16

-165,096.67

-165,852.47

-129,275.87

Yum Brands Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-137,766.06	-129,275.87	-124,339.14	-134,121.47	-145,491.63

Yum Brands Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Yum Brands (MEX:YUM) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Yum Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Yum Brands Inc (MEX:YUM) » Definitions » Retained Earnings

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Address

1441 Gardiner Lane, Louisville, KY, USA, 40213

Website

https://www.yum.com

Yum Brands is a US-based restaurant operator featuring a portfolio of four brands: KFC (29,900 global units at year-end 2023), Pizza Hut (19,866 units), Taco Bell (8,564 units), and The Habit Burger Grill (381 units). With $64 billion in 2023 systemwide sales, the firm is the second-largest restaurant company in the world behind McDonald's ($130 billion), ahead of Restaurant Brands International ($43 billion) and Starbucks ($29 billion). Yum is 98% franchised, with the largest franchisee, wide-moat 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.