Yum! Brands Inc (YUM)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,900,000 | 1,818,000 | 1,662,000 | 1,674,000 | 1,020,000 |
| Revenue | US$ in thousands | 7,549,000 | 7,076,000 | 6,842,000 | 6,584,000 | 5,652,000 |
| Pretax margin | 25.17% | 25.69% | 24.29% | 25.43% | 18.05% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,900,000K ÷ $7,549,000K
= 25.17%
The pretax margin of Yum! Brands Inc has shown a positive trend over the five-year period from 2020 to 2024. Starting at 18.05% in December 2020, the pretax margin improved steadily to reach 25.17% by December 2024. This indicates that the company's operating efficiency in generating profits before accounting for taxes has been on an upward trajectory. The consistent increase in the pretax margin reflects effective cost management strategies and/or revenue growth initiatives implemented by Yum! Brands Inc during this period. It also suggests that the company has been able to maintain or improve profitability despite potential changes in the business environment.
Peer comparison
Dec 31, 2024