Yum! Brands Inc (YUM)

Pretax 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 1,900,000 1,865,000 1,868,000 1,859,000 1,847,000 1,800,000 1,742,000 1,654,000 1,681,000 1,642,000 1,646,000 1,663,000 1,674,000 1,619,000 1,484,000 1,334,000 1,020,000 1,065,000 1,049,000 1,169,000
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
Pretax margin 25.17% 25.82% 26.29% 26.45% 26.10% 25.50% 24.92% 23.83% 24.57% 24.46% 24.64% 25.03% 25.43% 25.15% 23.63% 22.71% 18.05% 19.01% 19.09% 20.85%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,900,000K ÷ $7,549,000K
= 25.17%

Yum! Brands Inc's pretax margin has displayed fluctuating trends over the provided period. The pretax margin started at 20.85% in March 2020, decreased to 18.05% by December 2020, and then experienced a consistent increase to reach its peak at 26.45% in March 2024. However, there were variations in pretax margin within each year, indicating potential seasonal or operational influences on profitability. Overall, the general trend shows a positive trajectory, reflecting effective cost management and revenue generation strategies implemented by the company.