Yum! Brands Inc Stock Research

Market Summary

USD128.06+0.93

Delayed

0.73%

YUM Alerts

1 major insider sales recently.

YUM Stock Price

YUM RSI Chart

YUM Valuation

Market Cap

36.1B

Price/Earnings (Trailing)

27.22

Price/Sales (Trailing)

5.27

Price/Free Cashflow

31.42

YUM Price/Sales (Trailing)

YUM Profitability

Return on Assets

22.67%

Free Cashflow Yield

3.18%

YUM Fundamentals

YUM Revenue

Revenue (TTM)

6.8B

Revenue Y/Y

6.83%

Revenue Q/Q

23.11%

YUM Earnings

Earnings (TTM)

1.3B

Earnings Y/Y

12.42%

Earnings Q/Q

12.08%

Price Action

52 Week Range

103.49133.77

(Low)(High)

Last 7 days

0.3%

Last 30 days

-4.1%

Last 90 days

-2.5%

Trailing 12 Months

12.5%

YUM Financial Health

Current Ratio

0.97

Debt/Cashflow

0.12

YUM Investor Care

Dividend Yield

1.78%

Dividend/Share (TTM)

2.28

Buy Backs (1Y)

3.90%

Diluted EPS (TTM)

4.57

Peers (Alternatives to Yum Brands)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MCD	198.8B	23.2B	0.05%	16.44%	32.19	8.58	-0.17%	-18.13%
SBUX	115.3B	32.9B	-8.46%	21.74%	34.73	3.5	8.41%	-24.41%
CMG	45.1B	8.6B	-1.45%	6.51%	50.2	5.23	14.41%	37.69%
YUM	36.1B	6.8B	-4.07%	12.49%	27.22	5.27	3.92%	-15.87%
DRI	18.4B	10.0B	-0.05%	22.19%	20.2	1.84	16.23%	-1.35%
MID-CAP
ARMK	8.7B	17.0B	-13.89%	-5.83%	38.66	0.51	27.66%	584.49%
TXRH	7.2B	4.0B	2.32%	33.62%	26.81	1.8	15.91%	10.00%
WING	5.4B	357.5M	7.11%	60.53%	102.55	15.19	26.56%	24.12%
WEN	4.5B	2.1B	-8.69%	-3.72%	25.11	2.13	10.46%	-11.49%
SHAK	2.2B	900.5M	-2.39%	-11.52%	-91.65	2.45	21.70%	-178.35%
SMALL-CAP
PLAY	1.7B	1.7B	-22.36%	-14.62%	13.72	0.97	61.79%	371.82%
BJRI	706.1M	1.3B	-8.26%	9.24%	173.24	0.55	18.11%	213.03%
CHUY	643.4M	422.2M	5.25%	31.31%	30.85	1.52	6.49%	-30.89%
DENN	633.1M	456.4M	-11.70%	-23.65%	8.47	1.39	14.63%	-4.30%
RUTH	564.4M	505.9M	0.65%	-21.38%	14.61	1.12	17.88%	-8.64%

Financials for Yum Brands

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	1.9%	6,842	6,713	6,679	6,645	6,584
S&GA Expenses	0.1%	1,140	1,139	1,131	1,107	1,060
Costs and Expenses	1.2%	4,655	4,602	4,587	4,540	4,445
EBITDA	-	489	-	-	-	-
EBITDA Margin	-	0.07*	-	-	-	-
EBT Margin	-	0.13*	-	-	-	-
Interest Expenses	-1.7%	-527	-518	-520	-531	-544
Net Income	3.2%	1,325	1,284	1,481	1,648	1,575
Net Income Margin	1.2%	0.19*	0.19*	0.22*	-	-
Free Cahsflow	0.8%	1,148	1,139	1,212	-	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	1.2%	5,846	5,779	5,790	5,816	5,966
Current Assets	0.9%	1,609	1,595	1,429	1,356	1,532
Cash Equivalents	-10.5%	367	410	412	365	486
Net PPE	5.1%	1,171	1,114	1,192	1,181	1,207
Goodwill	0.8%	638	633	649	656	657
Liabilities	2.8%	14,722	14,321	14,358	14,307	14,339
Current Liabilities	33.8%	1,665	1,244	1,183	1,302	1,415
. Short Term Borrowings	0%	72.00	72.00	73.00	68.00	-
Long Term Debt	-0.6%	11,453	11,517	11,540	11,332	11,178
Retained Earnings	-3.2%	-8,507	-8,244	-8,274	-8,199	-8,048

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	2.7%	1,427	1,389	1,455	1,635	1,706
Share Based Compensation	3.7%	84.00	81.00	82.00	80.00	75.00
Cashflow From Investing	-24.7%	-202	-162	-229	-216	-173
Cashflow From Financing	27.1%	-1,323	-1,814	-1,387	-1,581	-1,767
Dividend Payments	2.2%	649	635	620	607	592
Buy Backs	-13.3%	1,200	1,384	1,557	1,662	1,591

Risks for YUM

What is the probability of a big loss on YUM?

31.9%

Probability that Yum Brands stock will be more than 20% underwater in next one year

19.6%

Probability that Yum Brands stock will be more than 30% underwater in next one year.

18.5%

Probability that Yum Brands stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does YUM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Yum Brands was unfortunately bought at previous high price.

Drawdowns

Returns for YUM

Cumulative Returns on YUM

11.8%

10-Year Cumulative Returns

14.3%

7-Year Cumulative Returns

10.6%

5-Year Cumulative Returns

19.4%

3-Year Cumulative Returns

What are the long-term rolling returns for YUM?

FIve years rolling returns for Yum Brands.

Annualized Returns

Which funds bought or sold YUM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-15	B. Riley Wealth Advisors, Inc.	reduced	-6.46	71,244	640,244	0.02%
2023-03-13	Claro Advisors LLC	added	1.93	138,995	1,063,000	0.35%
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	added	3.1	98,991,500	508,481,000	0.56%
2023-03-06	Rockefeller Capital Management L.P.	added	7.49	385,000	1,692,000	0.01%
2023-03-06	NORTH STAR ASSET MANAGEMENT INC	unchanged	-	254,763	1,502,760	0.09%
2023-03-03	TIAA, FSB	reduced	-12.1	68,760	1,242,760	-%
2023-03-02	OLIVER LAGORE VANVALIN INVESTMENT GROUP	added	172	8,511	11,511	0.01%
2023-03-02	LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA	new	-	385,905	385,905	-%
2023-02-28	Voya Investment Management LLC	added	0.43	2,656,970	15,333,000	0.02%
2023-02-28	CYPRESS ASSET MANAGEMENT INC/TX	reduced	-4.72	244,348	1,901,350	0.69%

Latest Funds Activity

Are funds buying YUM calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own YUM

No. of Funds

YUM Alerts

1 major insider sales recently.

Yum Brands News

Schedule 13G FIlings of Yum Brands

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 15, 2023	magellan asset management ltd	1.49%	4,210,996	SC 13G
Feb 09, 2023	vanguard group inc	8.06%	22,707,954	SC 13G/A
Jan 31, 2023	blackrock inc.	7.4%	20,897,445	SC 13G/A
Feb 14, 2022	price t rowe associates inc /md/	11.6%	34,105,072	SC 13G/A
Feb 11, 2022	magellan asset management ltd	5.26%	15,431,704	SC 13G
Feb 01, 2022	blackrock inc.	8.4%	24,554,583	SC 13G/A
Feb 16, 2021	state street corp	4.66%	14,058,287	SC 13G/A
Feb 11, 2021	polar asset management partners inc.	0019%	5,597	SC 13G/A
Feb 10, 2021	vanguard group inc	7.77%	23,428,319	SC 13G/A
Feb 10, 2021	magellan asset management ltd	5.62%	16,956,927	SC 13G

YUM Fair Value

Recent SEC filings of Yum Brands

View All Filings

Date Filed	Form Type	Document
Mar 07, 2023	4	Insider Trading
Feb 27, 2023	10-K	Annual Report
Feb 15, 2023	SC 13G	Major Ownership Report
Feb 13, 2023	4	Insider Trading
Feb 13, 2023	4	Insider Trading
Feb 13, 2023	4	Insider Trading
Feb 13, 2023	4	Insider Trading
Feb 13, 2023	4	Insider Trading
Feb 13, 2023	4	Insider Trading
Feb 13, 2023	4	Insider Trading

Latest Insider Trading transactions for YUM

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-07	Skeans Tracy L	sold	-510,250	130	-3,925	coo and cpo
2023-02-11	Gibbs David W	sold (taxes)	-304,902	131	-2,322	chief executive officer
2023-02-11	Skeans Tracy L	sold (taxes)	-74,321	131	-566	coo and cpo
2023-02-11	Catlett Scott	acquired	154,212	131	1,174	chief legal &franchise officer
2023-02-11	Skeans Tracy L	acquired	188,465	131	1,435	coo and cpo
2023-02-11	Sami Sabir	acquired	119,958	131	913	chief executive officer - kfc
2023-02-11	Turner Christopher Lee	acquired	171,273	131	1,304	chief financial officer
2023-02-11	Turner Christopher Lee	sold (taxes)	-68,543	131	-522	chief financial officer
2023-02-11	Sami Sabir	sold (taxes)	-55,544	131	-423	chief executive officer - kfc
2023-02-11	Gibbs David W	acquired	774,457	131	5,897	chief executive officer

About Yum Brands

David W. Gibbs

www.yum.com

36000

YUM! Brands, Inc., together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates through four segments: the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division. The company operates restaurants under the KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill brands, which specialize in chicken, pizza, made-to-order chargrilled burgers, sandwiches, Mexican-style food categories, and other food products. As of December 31, 2021, it had 26,934 KFC units; 18,381 Pizza Hut units; 7,791 Taco Bell units; and 318 The Habit Burger Grill units in approximately 157 countries and territories. The company was formerly known as TRICON Global Restaurants, Inc. and changed its name to YUM! Brands, Inc. in May 2002. YUM! Brands, Inc. was incorporated in 1997 and is headquartered in Louisville, Kentucky.

YUM Income Statement

2022-12-31

Consolidated Statements of Income - USD ($)
$ in Millions

12 Months Ended

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Revenues

Total revenues

$ 6,842

$ 6,584

$ 5,652

Costs and Expenses, Net

Company restaurant expenses

1,745

1,725

1,506

General and administrative expenses

1,140

1,060

1,064

Franchise and property expenses

123

117

145

Franchise advertising and other services expense

1,667

1,576

1,314

Refranchising (gain) loss

(27)

(35)

(34)

Other (income) expense

154

Costs and Expenses, Total

4,655

4,445

4,149

Operating Profit

2,187

2,139

1,503

Investment (income) expense, net

^[1]

(11)

(86)

(74)

Other Pension (income) expense

^[1]

Interest Income (Expense), Net

^[1]

527

544

543

Income (Loss) Attributable to Parent, before Tax, Total

1,662

1,674

1,020

Income tax provision

337

116

Net Income

$ 1,325

$ 1,575

$ 904

Basic Earnings Per Common Share (in dollars per share)

$ 4.63

$ 5.30

$ 2.99

Diluted Earnings Per Common Share (in dollars per share)

4.57

5.21

2.94

Dividends Declared Per Common Share (in dollars per share)

$ 2.28

$ 2.00

$ 1.88

Company Sales

Revenues

Revenue from Contract with Customer, Excluding Assessed Tax

$ 2,072

$ 2,106

$ 1,810

Franchise and property revenue [Member]

Revenues

Revenue from Contract with Customer, Excluding Assessed Tax

3,096

2,900

2,510

Franchise contributions for advertising and other services

Revenues

Revenue from Contract with Customer, Excluding Assessed Tax

$ 1,674

$ 1,578

$ 1,332

[1]

Amounts have not been allocated to any segment for performance reporting purposes.

(c)Our operating results reflect revenues from and expenses to support the Russian operations for Pizza Hut, prior to the date of transfer, and KFC, for the entirety of the year ended December 31, 2022 (see Note 3) within their historical financial statement line items and operating segments. However, given our decision to exit Russia and our pledge to direct any future net profits attributable to Russia subsequent to the date of invasion to humanitarian efforts, we have reclassed such net operating profits from the Division segment results in which they were earned to Unallocated Other income (expense). As a result, we reclassed net operating profits of $44 million from KFC and Pizza Hut Division Other income (expense) to Unallocated Other income (expense) during the year ended December 31, 2022. Also, included in Unallocated Other income (expense) were $13 million in foreign exchange gains attributable to fluctuations in the value of the Russian ruble.

Additionally, we recorded charges of $7 million to Corporate and unallocated G&A expenses and $6 million to Unallocated Franchise and property expenses during the year ended December 31, 2022 for certain expenses related to the transfer of the businesses and other one-time costs related to our exit from Russia.

YUM Balance Sheet

2022-12-31

Consolidated Balance Sheets - USD ($)
shares in Millions, $ / shares in Millions, $ in Millions

Dec. 31, 2022

Dec. 31, 2021

Current Assets

Cash and cash equivalents

$ 367

$ 486

Accounts and notes receivable, net

648

596

Prepaid Expense and Other Assets, Current

594

450

Total Current Assets

1,609

1,532

Property, Plant and equipment, net

1,171

1,207

Goodwill

638

657

Intangible assets, net

354

359

Other assets

1,324

1,487

Deferred Income Taxes

750

724

Total Assets

^[1]

5,846

5,966

Current Liabilities

Accounts payable and other current liabilities

1,251

1,334

Income taxes payable

Debt, Current

398

Total Current Liabilities

1,665

1,415

Long-term debt

11,453

11,178

Other Liabilities, Noncurrent

1,604

1,746

Total Liabilities

14,722

14,339

Shareholders' Equity

Common stock, no par value, 750 shares authorized; 280 shares and 289 shares issued in 2022 and 2021, respectively

Accumulated Deficit

(8,507)

(8,048)

Accumulated other comprehensive income (loss)

(369)

(325)

Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Total

(8,876)

(8,373)

Total Liabilities, Redeemable Noncontrolling Interest and Shareholders' Equity

$ 5,846

$ 5,966

Common Stock, par value

$ 0

Common Stock, shares authorized

750

Common Stock, shares issued

280

289

[1]	U.S. identifiable assets included in the combined Corporate and KFC, Taco Bell, Pizza Hut, and Habit Burger Grill Divisions totaled $2.8 billion at both 2022 and 2021.