Yum China Holdings, Inc. (YUMC) Financial Statements
Yum China financial statements at a glance
Yum China reported revenue of $11.80 billion for fiscal year 2025 (ended December 31, 2025), up 4.4% from fiscal year 2024. Net income was $929.00 million, a net margin of 7.9%, and diluted earnings per share were $2.51.
At the end of fiscal year 2025 it had total assets of $10.78 billion, total liabilities of $4.68 billion and shareholders' equity of $5.38 billion, with cash and short-term investments of $1.38 billion and total debt of $2.34 billion.
Its operations brought in $1.47 billion of cash; capital spending was $626.00 million, leaving free cash flow of $840.00 million.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Yum China Holdings, Inc.
Income Statement
Annual • USD
Yum China key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $11.8B | $11.3B | $11.0B | $9.6B | $9.9B |
| Gross profit | $2.0B | $1.9B | $1.9B | $1.4B | $1.4B |
| Operating income | $1.3B | $1.2B | $1.1B | $658.0M | $734.0M |
| Net income | $929.0M | $911.0M | $827.0M | $442.0M | $990.0M |
| Diluted EPS | $2.51 | $2.33 | $1.97 | $1.04 | $2.28 |
| Total assets | $10.8B | $11.1B | $12.0B | $11.8B | $13.2B |
| Total liabilities | $4.7B | $4.7B | $4.9B | $4.7B | $5.3B |
| Shareholders' equity | $5.4B | $5.7B | $6.4B | $6.5B | $7.1B |
| Cash and short-term investments | $1.4B | $1.8B | $2.6B | $3.2B | $4.0B |
| Total debt | $2.3B | $2.4B | $2.5B | $2.4B | $2.8B |
| Operating cash flow | $1.5B | $1.4B | $1.5B | $1.4B | $1.1B |
| Capital spending | $626.0M | $705.0M | $710.0M | $679.0M | $689.0M |
| Free cash flow | $840.0M | $714.0M | $763.0M | $734.0M | $442.0M |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Yum China's revenue in fiscal year 2025?
$11.80 billion, up 4.4% from $11.30 billion in fiscal year 2024.
How much profit does Yum China make?
Yum China reported net income of $929.00 million for fiscal year 2025 (7.9% of revenue); operating income was $1.33 billion.
How much cash and debt does Yum China have?
At the end of fiscal year 2025: cash and short-term investments of $1.38 billion and total debt of $2.34 billion.
What is Yum China's free cash flow?
$840.00 million in fiscal year 2025 (operating cash flow of $1.47 billion minus capital spending of $626.00 million).
