Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

Yum! Brands

YUM stock analysis · Consumer Discretionary · Restaurants

FY 2025-12-31ANNUAL FILINGS
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These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained.
Reference share price · USD
$159.86HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
$44.1B

Price × SEC outstanding shares. Shares measured 2026-05-01. Approximate; share and price dates can differ.

View share-count filing ↗
Valuation

DCF value

$90.32

Equity cash-flow scenario · SEC outstanding shares at 2026-05-01 · -43.5% versus input cap

How this is calculated ↗
Valuation

Reverse DCF

19.3%

Annual basis · read assumptions below

How this is calculated ↗
Valuation

Relative valuation

-20.8%

5 industry peers · median 22.4×

How this is calculated ↗
Valuation

Historical multiples

28.0×

6 annual observations · snapshot P/E 28.3× · 1.1% versus history

How this is calculated ↗
Valuation

Free cash flow yield

3.7%

Annual basis · read assumptions below

How this is calculated ↗
Quality

ROIC / quality

56.9%

Normalized tax · financing-capital proxy

How this is calculated ↗
Valuation

Value composite

Requires three valuation yields and at least five covered sector peers.

Requires three valuation yields and at least five covered sector peers.

How this is calculated ↗
Momentum

12–1 price momentum

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

21.9%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

Requires reported dividends, repurchases and issuance; missing values are not zero.

Requires reported dividends, repurchases and issuance; missing values are not zero.

How this is calculated ↗
Quality

Accrual quality

-6.0%

Parent-earnings fallback versus consolidated cash flow · scope limitation

How this is calculated ↗
Momentum

Fundamental momentum

3.5%

Annual basis · read assumptions below

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 2B2020-12-31: cfo $1,305,000,000.002020-12-31: capex $160,000,000.0020202021-12-31: cfo $1,706,000,000.002021-12-31: capex $230,000,000.0020212022-12-31: cfo $1,427,000,000.002022-12-31: capex $279,000,000.0020222023-12-31: cfo $1,603,000,000.002023-12-31: capex $285,000,000.0020232024-12-31: cfo $1,689,000,000.002024-12-31: capex $257,000,000.0020242025-12-31: cfo $2,010,000,000.002025-12-31: capex $371,000,000.002025
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%$113.29$123.61$134.70
10.0%$83.02$90.32$98.16
12.0%$65.49$71.07$77.04

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2025-12-318.2B1.6B2B371M8.2B
2024-12-317.5B1.5B1.7B257M6.7B
2023-12-317.1B1.6B1.6B285M6.2B
2022-12-316.8B1.3B1.4B279M5.8B
2021-12-316.6B1.6B1.7B230M6B
2020-12-315.7B904M1.3B160M5.9B
2019-12-315.6B1.3B1.3B196M5.2B
2018-12-315.7B1.5B1.2B234M4.1B

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue8.2BRevenues2026-02-20
netIncome1.6BNetIncomeLoss
Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income.
2026-02-20
Parent/common earnings proxy1.6BNetIncomeLoss2026-02-20
cfo2BNetCashProvidedByUsedInOperatingActivities2026-02-20
capex371MPaymentsToAcquirePropertyPlantAndEquipment2026-02-20
operatingIncome2.6BOperatingIncomeLoss2026-02-20
assets8.2BAssets2026-02-20
equity-7.3BStockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Explicit consolidated amount, including the portion attributable to noncontrolling interests.
2026-02-20
Parent book equity proxyNot reported under a supported tag
debt12BLongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities2026-02-20
shortDebt38MShortTermBorrowings2026-02-20
cash709MCashAndCashEquivalentsAtCarryingValue2026-02-20
shares281MWeightedAverageNumberOfDilutedSharesOutstanding2026-02-20
dividends789MPaymentsOfDividendsCommonStock2026-02-20
buybacks552MPaymentsForRepurchaseOfCommonStock2026-02-20
issuanceNot reported under a supported tag