Yum! Brands Inc (YUM)

Operating profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Operating income (ttm)	US$ in thousands	2,403,000	2,355,000	2,349,000	2,315,000	2,318,000	2,287,000	2,220,000	2,201,000	2,187,000	2,111,000	2,092,000	2,105,000	2,139,000	2,119,000	2,063,000	1,796,000	1,503,000	1,567,000	1,576,000	1,747,000
Revenue (ttm)	US$ in thousands	7,549,000	7,223,000	7,105,000	7,029,000	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
Operating profit margin		31.83%	32.60%	33.06%	32.93%	32.76%	32.40%	31.76%	31.71%	31.96%	31.45%	31.32%	31.68%	32.49%	32.92%	32.86%	30.57%	26.59%	27.97%	28.69%	31.16%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,403,000K ÷ $7,549,000K
= 31.83%

Yum! Brands Inc has exhibited fluctuations in its operating profit margin over the past few years based on the provided data. The operating profit margin, which represents the percentage of revenue that translates into operating income, has ranged from a low of 26.59% on December 31, 2020, to a high of 33.06% on June 30, 2024.

The trend indicates a general stability in the operating profit margin, with some ups and downs throughout the periods. Noteworthy improvements are seen from June 30, 2021, to June 30, 2024, where the operating profit margin increased steadily from 32.86% to 33.06%. However, there was a dip in the margin towards the end of the period, dropping to 31.83% on December 31, 2024.

Overall, the operating profit margin of Yum! Brands Inc has shown resilience and consistency over the years, with some fluctuations that may be influenced by various internal and external factors affecting the company's operations and profitability.