Yum! Brands, Inc. (YUM) quarterly cash flow statement — complete operating, investing & financing history
Yum! Brands, Inc. (YUM) cash flow statement — 29-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 507M | 416M | 617M | 543M | 448M | 404M | 513M | 471M | 342M | 363M | 448M | 477M | 329M | 349M | 452M | 453M | 269M | 253M | 414M | 519M |
| Operating CF Margin % | 23.37% | 20.2% | 24.54% | 27.42% | 23.19% | 22.61% | 21.72% | 25.79% | 19.4% | 22.72% | 22% | 27.93% | 19.5% | 21.22% | 22.39% | 27.62% | 16.44% | 16.35% | 21.9% | 32.32% |
| Operating CF Growth % | 13.17% | 2.97% | 20.27% | 15.29% | 30.99% | 11.29% | 14.51% | -1.26% | 3.95% | 4.01% | -0.89% | 5.3% | 22.3% | 37.94% | 9.18% | -12.72% | -40.09% | -21.91% | -8.41% | 5.7% |
| Net Income | 853M | 432M | 535M | 397M | 375M | 253M | 423M | 382M | 367M | 314M | 463M | 416M | 418M | 300M | 371M | 331M | 224M | 399M | 330M | 528M |
| Depreciation & Amortization | 59M | 60M | 67M | 50M | 44M | 45M | 55M | 44M | 41M | 35M | 49M | 37M | 38M | 29M | 42M | 33M | 34M | 37M | 47M | 39M |
| Stock-Based Compensation | 0 | 24M | 16M | 0 | 16M | 21M | 17M | 14M | 15M | 23M | 26M | 22M | 22M | 25M | 20M | 19M | 19M | 26M | 17M | 20M |
| Deferred Taxes | -424M | 13M | -68M | 163M | 4M | 8M | -35M | -7M | -9M | 21M | -197M | -20M | -69M | -4M | -58M | 3M | 77M | -77M | -27M | -132M |
| Other Non-Cash Items | 4M | -23M | 54M | -1M | 28M | 92M | 33M | -13M | -14M | 17M | 38M | -21M | -46M | 56M | 1M | 6M | 7M | -11M | -26M | -51M |
| Working Capital Changes | 15M | -90M | 13M | -66M | -19M | -15M | 20M | 51M | -58M | -47M | 69M | 43M | -34M | -57M | 76M | 61M | -92M | -121M | 73M | 115M |
| Change in Receivables | -12M | 28M | -96M | 17M | -37M | 71M | -81M | 13M | -29M | 44M | -76M | 8M | -44M | 23M | -58M | -22M | -33M | 29M | -46M | -25M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -23M | 0 | 22M | 0 | 0 | 0 | 0 |
| Change in Payables | 4M | -75M | 136M | 0 | -10M | -32M | 54M | 32M | -12M | -66M | 22M | 55M | -6M | -101M | 110M | 64M | -37M | -176M | 98M | 119M |
| Cash from Investing | -89M | -80M | -795M | -78M | -132M | 2M | -130M | -39M | -298M | 45M | -103M | -30M | 82M | -56M | -90M | -48M | -35M | -29M | -50M | -115M |
| Capital Expenditures | -100M | -75M | -135M | -94M | -71M | -71M | -106M | -52M | -50M | -49M | -106M | -57M | -60M | -62M | -121M | -61M | -55M | -42M | -92M | -54M |
| CapEx % of Revenue | 4.61% | 3.64% | 5.37% | 4.75% | 3.67% | 3.97% | 4.49% | 2.85% | 2.84% | 3.07% | 5.21% | 3.34% | 3.56% | 3.77% | 5.99% | 3.72% | 3.36% | 2.71% | 4.87% | 3.36% |
| Acquisitions | 1M | -5M | -673M | -79M | -81M | 15M | 1M | 18M | -155M | 115M | -118M | 26M | 147M | 5M | 22M | 10M | 17M | 24M | 85M | -43M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 10M | 0 | 13M | 95M | 19M | -32M | -25M | -30M | 23M | -21M | 0 | 1M | -5M | 1M | 9M | 3M | 3M | -11M | -43M | -18M |
| Cash from Financing | -382M | -375M | -102M | -81M | -298M | -443M | -172M | -444M | -300M | -247M | -508M | -223M | -364M | -334M | -395M | -342M | -209M | -377M | -886M | 85M |
| Debt Issued (Net) | 369M | 42M | 279M | 161M | 43M | 19M | 133M | 21M | -41M | -10M | -337M | -50M | -184M | -105M | 258M | -20M | 182M | 159M | -10M | 605M |
| Equity Issued (Net) | -489M | -185M | -178M | -36M | -109M | -229M | -114M | -277M | -50M | 0 | 0 | 0 | 0 | -50M | -486M | -157M | -214M | -343M | -734M | -327M |
| Dividends Paid | -206M | -207M | -197M | -197M | -197M | -198M | -187M | -188M | -188M | -189M | -170M | -169M | -170M | -169M | -160M | -162M | -162M | -165M | -146M | -147M |
| Share Repurchases | -489M | -185M | -178M | -36M | -109M | -229M | -114M | -277M | -50M | 0 | 0 | 0 | 0 | -50M | -486M | -157M | -214M | -343M | -734M | -327M |
| Other Financing | -56M | -25M | -6M | -9M | -35M | -35M | -4M | 0 | -21M | -48M | -1M | -4M | -10M | -10M | -7M | -3M | -15M | -28M | 4M | -46M |
| Net Change in Cash | -191M | -212M | -468M | 249M | -71M | -23M | 180M | 4M | -255M | 154M | -151M | 216M | 50M | -38M | -16M | 35M | 10M | -153M | -540M | 477M |
| Free Cash Flow | 407M | 341M | 482M | 449M | 377M | 333M | 407M | 419M | 292M | 314M | 342M | 420M | 269M | 287M | 331M | 392M | 214M | 211M | 322M | 465M |
| FCF Margin % | 18.76% | 16.56% | 19.17% | 22.68% | 19.51% | 18.63% | 17.23% | 22.95% | 16.56% | 19.65% | 16.8% | 24.59% | 15.95% | 17.45% | 16.39% | 23.9% | 13.08% | 13.64% | 17.04% | 28.95% |
| FCF Growth % | 7.96% | 2.4% | 18.43% | 7.16% | 29.11% | 6.05% | 19.01% | -0.24% | 8.55% | 9.41% | 3.32% | 7.14% | 25.7% | 36.02% | 2.79% | -15.7% | -47.8% | -24.37% | -17.65% | 1.31% |
| FCF per Share | 1.46 | 1.22 | 1.73 | 1.60 | 1.34 | 1.18 | 1.44 | 1.47 | 1.02 | 1.10 | 1.20 | 1.47 | 0.94 | 1.01 | 1.15 | 1.36 | 0.74 | 0.72 | 1.08 | 1.54 |
| FCF Conversion (FCF/Net Income) | 0.59x | 0.96x | 1.15x | 1.37x | 1.20x | 1.60x | 1.21x | 1.23x | 0.93x | 1.16x | 0.97x | 1.15x | 0.79x | 1.16x | 1.22x | 1.37x | 1.20x | 0.63x | 1.25x | 0.98x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |