Yum! Brands (NYSE: YUM) is a publicly listed company headquartered in Louisville, Kentucky, United States that owns 4 consumer brands, and has 1 recorded transaction.[1][2]
Yum! Brands was spun off from PepsiCo in 1997 as Tricon Global Restaurants, taking the restaurant chains PepsiCo had bought in the 1970s and 1980s. It separated its Chinese business as a licensee in 2016 and now operates almost entirely through franchisees.
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Read from Yum! Brands's latest annual filing[1]. Each line gives the sentence the filing uses, copied word for word.
As of December 31, 2025, YUM consisted of four operating segments: The KFC Division which includes our worldwide operations of the KFC concept
The Taco Bell Division which includes our worldwide operations of the Taco Bell concept
The Pizza Hut Division which includes our worldwide operations of the Pizza Hut concept
The Habit Burger & Grill Division which includes our worldwide operations of the Habit Burger & Grill concept
Charges associated with TB U.S. restaurant acquisition (g) 7
On October 31, 2016, we completed the spin-off of our China business into an independent, publicly-traded company under the name of Yum China Holdings, Inc. ("Yum China").
We received opinions of outside counsel substantially to the effect that, for U.S. federal income tax purposes, the Yum China spin-off completed during 2016 and certain related transactions qualified as generally tax-free under Sections 355 and 361 of the U.S. Internal Revenue Code.
Headline figures from Yum! Brands's annual reports filed with the US Securities and Exchange Commission, in USD as reported, fiscal years ending 2020–2025. Revenue moved from $5.65bn to $8.21bn, an average of 7.8% a year (calculated).
| Fiscal year ended | Revenue | Operating income | Operating margin | Net income | Total assets | Long-term debt | Filing |
|---|---|---|---|---|---|---|---|
| $8.21bn | $2.57bn | 31.3% | $1.56bn | $8.2bn | — | 10-K | |
| $7.55bn | $2.4bn | 31.8% | $1.49bn | $6.73bn | — | 10-K | |
| $7.08bn | $2.32bn | 32.8% | $1.6bn | $6.23bn | — | 10-K | |
| $6.84bn | $2.19bn | 32.0% | $1.32bn | $5.85bn | — | 10-K | |
| $6.58bn | $2.14bn | 32.5% | $1.57bn | $5.97bn | — | 10-K | |
| $5.65bn | $1.5bn | 26.6% | $904m | $5.85bn | — | 10-K |
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
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PepsiCo spun off its restaurant business as Tricon Global Restaurants, taking KFC, Pizza Hut and Taco Bell out of the drinks and snacks company. PepsiCo had found that operating restaurants competed for capital with its packaged goods brands and complicated its relationships with other chains. Tricon renamed itself Yum! Brands in 2002.
The Global Legal Entity Identifier Foundation (GLEIF) keeps an open register of legal entities. Each entity reports its own parents. We show it as a cross-check on the ownership recorded on this page, which is built from filings.
The documents behind the figures on this page, as listed in the SEC's EDGAR index. Each links to the filing itself.
| Filed | Form | What it declares |
|---|---|---|
| 8-K | Departure or appointment of directors or officers; Regulation FD disclosure; Other events | |
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Entry into a material agreement; Completion of an acquisition or disposal of assets; Regulation FD disclosure | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Entry into a material agreement; Other events | |
| 8-K | Regulation FD disclosure | |
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Results of a shareholder vote | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Results of operations and financial condition |
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Yum! Brands owns 4 consumer brands tracked here, including KFC, The Habit Burger Grill, Pizza Hut and Taco Bell.
Yes. Yum! Brands is headquartered in Louisville, Kentucky, United States and was founded in 1997.
Yum! Brands is a publicly listed company owned by its shareholders; it trades as YUM on the NYSE.
The most recent completed acquisition recorded here is KFC, Pizza Hut and Taco Bell on 6 October 1997.
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
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