YUM · NYSE · Restaurants

Yum! Brands (YUM)

Global franchisor of KFC, Taco Bell, Pizza Hut, and Habit Burger & Grill.

$140.36
vs last close+1.03 (+0.74%)
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Yum! Brands, Inc.YUM
Consumer Discretionary

Owns KFC, Taco Bell, Pizza Hut, and Habit Burger & Grill, spanning chicken, Mexican-inspired food, pizza, and fast-casual burgers. Earns mainly royalties and franchise fees from a global system run almost entirely by independent operators, while Pizza Hut is under definitive sale agreements.

Franchises and operates KFC, Taco Bell, Pizza Hut, and Habit Burger & Grill across more than 64,000 restaurants in 157 countries and territories. KFC and Pizza Hut are predominantly international; Taco Bell and Habit are concentrated in the United States. Pizza Hut remains held for sale under definitive agreements.

Collects royalties and fees from a system run almost entirely by independent franchisees, which fund sites and daily operations. Coordinates brand standards and supply purchasing while developing Byte by Yum tools for ordering, point of sale, kitchens, delivery, menus, inventory, and labor.

Results depend on franchisee investment and financial health, the Yum China master license, and compliance with food-safety, labor, privacy, and franchise rules across jurisdictions.

Company facts

CEOChristopher Lee Turner
ListedSep 17, 1997
ExchangeNYSE
HeadquartersLouisville, KY
CountryUnited States
Employees49,000
CIK0001041061
ISINUS9884981013

Market cap$38.42B
EPS (ttm)$7.96
P/E (ttm)17.50
ROE
P/B
P/S4.40
Dividend yieldDiv yield2.12%
Beta0.04vs XLY 0.49

Price target$172.00+23.4%Average of 51 analysts
ConsensusHold27 of 51 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 16, 2026Robert W. BairdTarget
Target: $174
Target: $165
Sep 15, 2026Seaport GlobalInitiate
Rating: Target:
Rating: BuyTarget: $162
Sep 10, 2026Wells FargoUpgrade
Rating: PositiveTarget: $160
Rating: OverweightTarget: $175
Aug 17, 2026Argus ResearchReiterate
Rating: Target: $145
Rating: BuyTarget: $180
Jul 31, 2026RBC CapitalReiterate
Rating: Target: $165
Rating: Sector PerformTarget: $170

Next report
Nov 3, 26
in 42 days
EPS estimate
$1.55
Revenue estimate
$2.12B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Aug '25Nov '25Feb '26Apr '26Jul '26Nov '26
Reported$1.61$1.30$1.44$1.58$1.73$1.50$1.62Pending
Estimate$1.60$1.29$1.46$1.49$1.76$1.38$1.57$1.55
Surprise+0.6%+0.8%−1.4%+6.0%−1.7%+8.7%+3.2%

RevenueReportedEstimate

Feb '25Apr '25Aug '25Nov '25Feb '26Apr '26Jul '26Nov '26
Reported$2.36B$1.79B$1.93B$1.98B$2.51B$2.06B$2.17BPending
Estimate$2.36B$1.85B$1.94B$2.00B$2.45B$2.04B$2.18B$2.12B
Surprise+0.3%−3.5%−0.3%−1.1%+2.6%+0.7%−0.5%
Estimate$1.55
ReportedDue Nov 3, 2026
Estimate$2.12B
ReportedDue Nov 3, 2026
View details

Current ratio59.20%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.83B$2.36B$1.79B$1.93B$1.98B$2.51B$2.06B$2.17B
Net income$382.0M$423.0M$253.0M$374.0M$397.0M$535.0M$432.0M$853.0M
Net margin20.9%17.9%14.2%19.4%20.1%21.3%21.0%39.3%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$619.0M$657.0M$548.0M$622.0M$666.0M$738.0M$644.0M$655.0M
YoY growth+1.0%+7.9%+5.4%+2.5%+7.6%+12.3%+17.5%+5.3%

Balance sheet, Jun 30, 2026Cash & short-term investments $674.0M · Total debt $12.28B · Total assets $8.68B · Shareholders' equity −$7.11B

Revenue
$2.17B
Operating income
$655.0M
Net income
$853.0M
View details

Dividend yield
2.12%
Next ex-date
Dec 9, 26
estimated · in 78 days
Annual dividend
$2.96
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Feb '25May '25Sep '25Dec '25Feb '26May '26Sep '26
Dividend$0.67$0.71$0.71$0.71$0.71$0.75$0.75$0.75
Annual yield1.93%1.83%1.92%1.93%1.92%1.76%1.92%2.04%
Ex-dateDec 2Feb 21May 27Sep 2Dec 2Feb 20May 27Sep 9
Payment dateDec 13Mar 7Jun 6Sep 12Dec 12Mar 6Jun 12Sep 18
View details

Institutions90.10%245.87M shares
1,471 holders · as of Jun 30, 2026
Insiders0.14%386.8K shares
17 holders · as of Sep 1, 2026
Other9.76%26.64M shares
remainder

272.90M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
9.60%26.19Mas of Jun 30, 2026
JPMorgan Chase & CoInstitution
7.34%20.02Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.60%18.00Mas of Jun 30, 2026
Capital International InvestorsInstitution
6.22%16.96Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
5.13%14.00Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 1, 2026Scott Mezvinskyofficer: KFC Division CEO−268$153.64
Sep 1, 2026Christopher Lee Turnerdirector, officer: Chief Executive Officer−261$153.64
Aug 24, 2026Tracy L. Skeansofficer: COO and CPO−3,494$158.00
Aug 3, 2026David Eric Russellofficer: Sr. Vice President, Controller−7,961$153.15
Aug 3, 2026Christopher Lee Turnerdirector, officer: Chief Executive Officer−261$153.15
View details

  • McDonald's

    Global QSR leader overlapping KFC on chicken and Taco Bell on value fast food.

  • Domino's Pizza

    US pizza market leader pressing Pizza Hut across delivery and carryout.

  • Restaurant Brands International

    Popeyes vs KFC on US chicken; Burger King overlaps Taco Bell on value QSR.

  • Chipotle Mexican Grill

    Fast-casual Mexican leader contesting Taco Bell for the Mexican-food consumer.

  • Wingstop

    Fastest-growing chicken chain in the US, pressuring KFC on wings and tenders.

  • Papa Johns

    Third-largest US pizza chain competing with Pizza Hut on delivery and carryout.

Compare

CompanyPriceChange
Yum! Brands$140.36+0.74%$38.42B17.520.94.4+12.2%
McDonald's$251.53+1.47%$176.12B20.119.06.4+3.7%
Domino's Pizza$302.60+2.25%$9.79B16.814.91.9+4.3%
Restaurant Brands International$72.95+0.54%$25.17B21.417.22.6+4.6%
Chipotle Mexican Grill$33.53+1.18%$42.48B30.426.53.4+9.3%
Wingstop$106.89−0.41%$2.92B25.522.54.1+6.4%
Papa Johns$20.61+1.58%$667.6M25.718.40.3−8.8%
Median23.418.73.0+4.4%