Yum! Brands Inc (YUM)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,597,000 | 1,505,000 | 1,420,000 | 1,226,000 | 1,325,000 | 1,284,000 | 1,481,000 | 1,648,000 | 1,575,000 | 1,577,000 | 1,332,000 | 1,147,000 | 904,000 | 1,060,000 | 1,032,000 | 1,115,000 | 1,294,000 | 1,140,000 | 1,339,000 | 1,371,000 |
| 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 |
| Net profit margin | 22.57% | 21.32% | 20.31% | 17.67% | 19.37% | 19.13% | 22.17% | 24.80% | 23.92% | 24.50% | 21.21% | 19.52% | 15.99% | 18.92% | 18.78% | 19.89% | 23.12% | 20.88% | 24.29% | 24.61% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,597,000K ÷ $7,076,000K
= 22.57%
Based on the data provided for Yum Brands Inc.'s net profit margin over the past eight quarters, there has been some fluctuation in the company's profitability.
The net profit margin for Yum Brands Inc. in Q4 2023 stood at 22.57%, showing a slight increase from the previous quarter. This indicates that the company was able to maintain a strong level of profitability relative to its revenue in the most recent period.
In the previous quarter, Q3 2023, the net profit margin was 21.32%, which was also a reasonably healthy level of profitability for the company. This figure was slightly lower compared to Q4 2023 but still reflected a solid performance in terms of generating profits from its operations.
Looking further back, the net profit margin for Q2 2023 was 20.31%, indicating a moderate decline from the previous quarter. Although the profitability dipped slightly, it was still above 20%, suggesting that the company remained efficient in managing its costs and expenses to generate a satisfactory level of profit.
In Q1 2023, the net profit margin was 17.67%, marking a noticeable drop compared to the previous quarter. This decrease could be attributed to various factors such as increased costs or lower revenue during that specific period.
Comparing the data to the corresponding quarters of the previous year, Yum Brands Inc. experienced varying levels of net profit margins. In Q4 2022, the net profit margin was 19.37%, slightly lower than Q4 2023. Q3 2022 saw a net profit margin of 19.13%, which was also slightly lower than the most recent quarter.
However, in Q2 2022 and Q1 2022, Yum Brands Inc. reported higher net profit margins of 22.17% and 24.80%, respectively. These figures indicate stronger profitability levels compared to the recent quarters but also highlight the variability in the company's financial performance over time.
Overall, Yum Brands Inc.'s net profit margin has shown some fluctuations in recent quarters, with the company generally maintaining a solid level of profitability. It will be important for stakeholders to monitor future financial results to assess the company's ability to sustain or improve its profitability over time.
Peer comparison
Dec 31, 2023