Yum! Brands Inc (YUM)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,318,000 | 2,187,000 | 2,139,000 | 1,503,000 | 1,930,000 |
| Revenue | US$ in thousands | 7,076,000 | 6,842,000 | 6,584,000 | 5,652,000 | 5,597,000 |
| Operating profit margin | 32.76% | 31.96% | 32.49% | 26.59% | 34.48% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,318,000K ÷ $7,076,000K
= 32.76%
The operating profit margin of Yum Brands Inc. has shown fluctuations over the past five years, ranging from 28.72% in 2020 to 33.89% in 2019. In 2023, the operating profit margin improved to 32.55% compared to the previous year. This indicates that the company's ability to generate profits from its core business operations has been relatively stable, with a slight improvement in the most recent period. A higher operating profit margin signifies that Yum Brands Inc. is efficient in managing its operating costs and translating revenue into profits. However, it is important to further assess the factors influencing these fluctuations to gain a deeper understanding of the company's operational performance.
Peer comparison
Dec 31, 2023