Yum! Brands Inc (YUM)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 3,812,000 | 3,797,000 | 3,753,000 | 3,742,000 | 3,678,000 | 3,555,000 | 3,507,000 | 3,497,000 | 3,502,000 | 4,437,000 | 4,315,000 | 3,932,000 | 3,620,000 | 3,571,000 | 3,588,000 | 3,830,000 | 4,005,000 | 3,869,000 | 3,821,000 | 3,733,000 |
| Revenue (ttm) | US$ in thousands | 7,076,000 | 7,059,000 | 6,991,000 | 6,940,000 | 6,842,000 | 6,713,000 | 6,679,000 | 6,645,000 | 6,584,000 | 6,437,000 | 6,279,000 | 5,875,000 | 5,652,000 | 5,603,000 | 5,494,000 | 5,606,000 | 5,597,000 | 5,461,000 | 5,513,000 | 5,571,000 |
| Gross profit margin | 53.87% | 53.79% | 53.68% | 53.92% | 53.76% | 52.96% | 52.51% | 52.63% | 53.19% | 68.93% | 68.72% | 66.93% | 64.05% | 63.73% | 65.31% | 68.32% | 71.56% | 70.85% | 69.31% | 67.01% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,812,000K ÷ $7,076,000K
= 53.87%
Based on the provided data, Yum Brands Inc.'s gross profit margin has been relatively stable over the past eight quarters. The gross profit margin has ranged from a low of 73.89% in Q1 2022 to a high of 75.03% in Q2 2023, showing a consistent performance in maintaining healthy margins. The company has managed to keep its gross profit margin above 74% in most quarters, indicating efficient cost management and pricing strategies. Although there have been slight fluctuations in the margin, with Q4 2023 showing a slightly lower margin compared to the previous quarters, the overall trend suggests that Yum Brands Inc. has been able to effectively generate profits from its core operations.
Peer comparison
Dec 31, 2023