Yum! Brands Inc (YUM)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	3,901,000	3,812,000	3,678,000	3,502,000	2,615,000
Revenue	US$ in thousands	7,549,000	7,076,000	6,842,000	6,584,000	5,652,000
Gross profit margin		51.68%	53.87%	53.76%	53.19%	46.27%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $3,901,000K ÷ $7,549,000K
= 51.68%

The gross profit margin of Yum! Brands Inc has shown a positive trend over the past five years, starting at 46.27% as of December 31, 2020, and increasing to 53.19% by December 31, 2021. This upward trajectory continued in the subsequent years, reaching 53.76% by December 31, 2022, 53.87% by December 31, 2023, and then slightly declining to 51.68% by December 31, 2024. Overall, the consistent improvement in the gross profit margin signifies the company's ability to effectively manage its production costs and generate higher profits from its core operations.