Yum China Holdings, Inc. (YUMC) Stock Price & Analysis
Yum China Holdings, Inc. (YUMC) is trading at USD 44.58, down 0.41% today, as of October 23, 2026 at 15:42 UTC (US market open; quotes may be delayed), according to Nexqual market data.
YUMC last closed at USD 44.76; today's session has ranged USD 44.45–45.55 on volume of 486,488 shares. Market capitalization is $15.01B, with a 52-week range of USD 39.72–58.39 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 15:43 UTC.
Also available as compact Markdown for AI agents: nexqual.com/YUMC.md
Key facts (YUMC)
- Last four reported quarters (through Jun 30, 2026): revenue $12.4B, net income $975M (7.8% margin), free cash flow $940M (SEC filings).
- Valuation: P/E 15.4x (avg 20.4x at the last 3 fiscal year-ends).
- 3 of 80 tracked superinvestors hold YUMC (13F, Q2 2026): 0 new, 1 added, 1 reduced, 1 unchanged.
- Analysts: Buy (mean 1.76 on a 1–5 scale) (21 analysts), mean target USD 62.17 (range 56–77).
- Total return with dividends: 1Y -0.3% vs S&P 500 +14.8%; 5Y -16.5% vs S&P 500 +77.6%.
- Next earnings: 2026-11-03, EPS estimate USD 0.9, revenue estimate $3.49B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (YUMC)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $9.85B | $9.57B | $11.0B | $11.3B | $11.8B | $12.4B |
| Operating income | $1.39B | $629M | $1.11B | $1.16B | $1.29B | $1.38B |
| Net income | $990M | $442M | $827M | $911M | $929M | $975M |
| EPS (diluted) | $2.28 | $1.04 | $1.97 | $2.33 | $2.51 | — |
| Free cash flow | $442M | $734M | $763M | $714M | $840M | $940M |
| Operating margin | 14.1% | 6.6% | 10.1% | 10.3% | 10.9% | 11.1% |
| Net margin | 10.0% | 4.6% | 7.5% | 8.1% | 7.9% | 7.8% |
| Revenue growth | +19.2% | -2.9% | +14.7% | +3.0% | +4.4% | — |
| Cash + short-term investments | $4.00B | $3.15B | $2.60B | $1.84B | $1.38B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (YUMC)
P/E 15.4x · P/S 1.2x · P/FCF 16.0x · P/B 2.8x · FCF yield 6.26% · Earnings yield 6.49% · Dividend yield (paid, TTM) 2.50% · Buyback yield (TTM) 8.70%
P/E at fiscal year-ends: Dec 2025 19.1x, Dec 2024 20.6x, Dec 2023 21.5x.
Superinvestors (SEC 13F-HR, Q2 2026) (YUMC)
3 of 80 tracked investors hold YUMC. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Robert Vinall | RV Capital GmbH | 4.25% | $16.3M | Reduced -5.6% |
| Dodge & Cox Funds | Dodge & Cox | 0.18% | $342M | Added +0.2% |
| Francois Rochon | Giverny Capital | 0.05% | $1.5M | Unchanged |
Analysts (YUMC)
Consensus Buy (mean 1.76 on a 1–5 scale), 21 analysts; mean target USD 62.17 (low 56, high 77).
Total return (dividends reinvested) (YUMC)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -0.3% | -16.5% |
| S&P 500 (SPY) | +14.8% | +77.6% |
| Per year | -0.3% | -3.5% |
| Volatility (annualized) | 25.1% | 38.1% |
| Max drawdown | -29.8% (Feb 2026→Jun 2026) | -52.7% (Mar 2023→Jul 2024) |
YUMC revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| KFC | $2.34B | 74.5% | +11.5% |
| Pizza Hut | $613.0M | 19.5% | +10.6% |
| All Other Segments | $274.0M | 8.7% | +36.3% |
| Corporate & Unallocated | $133.0M | 4.2% | +37.1% |
| Total revenue | $3.14B | 100% | — |
YUMC revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Food & Non Food Revenues From Sales | $2.91B | 92.7% | +11.4% |
| Transactions With Franchisees | $155.0M | 4.9% | +34.8% |
| Other Revenue | $44.0M | 1.4% | +25.7% |
| Franchise Fees & Income | $29.0M | 0.9% | +20.8% |
| Total revenue | $3.14B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
YUMC suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Company | “To improve the efficiency and effectiveness of our procurement process, the Company has adopted a central procurement model, whereby the Company centrally purchases the vast majority of food and paper products from approved suppliers for most of the restaurants regardless of ownership.” |
| Partner | Luigi Lavazza | “In April 2020, we partnered with Luigi Lavazza S.p.A. ("Lavazza Group"), the world-renowned family-owned Italian coffee company, and established a joint venture ("Lavazza joint venture"), to explore and develop the Lavazza coffee concept in China.” |
| Competitor | McDonald's (MCD) | “KFC's competitors in China are primarily western QSR brands such as McDonald's, Dicos and Burger King, and to a lesser extent, domestic QSR brands in China.” |
Quoted from the company's 10-K filed Feb 27, 2026.
YUMC analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.90 | $0.90 | -0.4% | $3.49B | 4 |
| Next quarter (ends Dec 2026) | $0.46 | $0.47 | -2.0% | $3.04B | 4 |
| Current fiscal year (ends Dec 2026) | $2.94 | $2.91 | +1.2% | $12.88B | 17 |
| Next fiscal year (ends Dec 2027) | $3.38 | $3.27 | +3.4% | $13.67B | 18 |
YUMC options: expected move
Options price a move of about ±8.0% (±$3.60) by Nov 20, 2026, which includes earnings on Nov 3, 2026. Over the last 8 reports the stock moved ±5.2% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 35.6% | ±8.0% |
| Dec 18, 2026 | 56 | 28.1% | ±10.1% |
| Jan 15, 2027 | 84 | 28.4% | ±10.9% |
| Mar 19, 2027 | 147 | 28.4% | ±14.4% |
| Apr 16, 2027 | 175 | 28.6% | ±15.8% |
| Jun 17, 2027 | 237 | 30.5% | ±19.3% |
| Sep 17, 2027 | 329 | 32.0% | ±23.6% |
30-day implied volatility 32.8% vs 21.9% realized over the last 30 trading days. Put/call ratio (volume) 0.9. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 15:43 UTC)
| Price | USD 44.58 |
|---|---|
| Change | ▼ 0.41% (down) |
| Previous Close | USD 44.76 |
| Open | USD 45.17 |
| Day Range | USD 44.45 – 45.55 |
| 52-Week Range | USD 39.72 – 58.39 |
| Volume | 486,488 shares |
| Market Cap | $15.01B |
| Exchange | NYQ |
Technical Analysis (YUMC)
Nexqual's technical model rates YUMC "BUY" based on 5 bullish and 1 bearish signals across 128 daily candles, as of October 23, 2026 at 15:43 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 61.31 (neutral) |
| vs SMA50 | Above (USD 43.62) |
| MACD | 0.63 (positive) |
Analyst Ratings (YUMC)
Wall Street analysts rate YUMC "Buy" based on 21 analysts, with a mean price target of USD 62.17 (range USD 56–77), per Nexqual as of October 23, 2026 at 15:43 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 21 |
| Mean Target | USD 62.17 |
| High Target | USD 77 |
| Low Target | USD 56 |
| Buy / Hold / Sell | 20 / 1 / 0 |
Earnings (YUMC)
| Next Earnings Date | 2026-11-03 |
|---|---|
| EPS Estimate | USD 0.9 |
| Revenue Estimate | $3.49B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.7 vs est 0.67 ▲ beat |
| 2026-03-31 | USD 0.87 vs est 0.85 ▲ beat |
| 2025-12-31 | USD 0.4 vs est 0.37 ▲ beat |
| 2025-09-30 | USD 0.76 vs est 0.76 ▲ beat |
Source: Nexqual, October 23, 2026 at 15:43 UTC.
Financials & Fundamentals (YUMC)
| Total Revenue | $12.44B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +12.60% |
| Gross Margin | +20.33% |
| Operating Margin | +11.47% |
| Profit Margin | +7.84% |
| ROE | +16.81% |
| Debt / Equity | 0.38 |
| Current Ratio | 0.97 |
| Total Cash | $1.41B |
| Total Debt | $2.30B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $940.00M (7.6% of revenue) |
Source: Nexqual, October 23, 2026 at 15:43 UTC.
Financial Health Score (YUMC)
Nexqual rates Yum China Holdings, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 15:43 UTC.
| Growth | Mixed — Revenue +4.4% YoY (annual), slow |
|---|---|
| Profitability | Mixed — Gross margin 20%, operating 11% (last 12 months) |
| Balance Sheet | Mixed — $1.41B cash vs $2.30B debt |
| Cash Flow | Solid — FCF $940M (last 4 quarters to Jun 2026, SEC), 8% margin |
| Efficiency | Solid — ROE 17%, ROA 8.1% |
Ownership (YUMC)
| Insider Ownership | +0.42% |
|---|---|
| Institutional Ownership | +74.37% |
| Shares Outstanding | 336.80M |
| Float | 340.94M |
| Short % of Float | +1.75% |
Source: Nexqual, October 23, 2026 at 15:43 UTC.
Leadership (YUMC)
Yum China Holdings, Inc. is led by Joey Wat, CEO & Executive Director, per Nexqual as of October 23, 2026 at 15:43 UTC.
| CEO & Executive Director | Joey Wat |
|---|---|
| Chief Financial Officer | Adrian Ding |
| Chief Technology Officer | Leila Zhang |
| Director of Investor Relations | Michelle Shen |
Major Backers & Investors (YUMC)
Notable institutional backers of Yum China Holdings, Inc. include JPMorgan, Principal Financial Group, Inc., Primavera Capital Management Ltd, according to Nexqual as of October 23, 2026 at 15:43 UTC.
Active Investors
| Investor | Stake |
|---|---|
| JPMorgan | 7.04% |
| Principal Financial Group, Inc. | 6.17% |
| Primavera Capital Management Ltd | 3.51% |
| BLS Capital Fondsmaeglerselskab A/S | 3.16% |
| Royal Bank of Canada | 3.1% |
| Dodge & Cox Inc. | 2.44% |
| W1M Asset Management Ltd. | 2.29% |
| Westwood Global Investments, LLC | 2.05% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 3.16% |
Source: Nexqual, October 23, 2026 at 15:43 UTC.
From Yum China Holdings, Inc.'s Latest SEC 10-K Filing (filed 2026-02-27)
Key Strengths & Strategy (as disclosed to the SEC)
- Huang Ji Huang primarily operates a franchise model and is an industry-leading simmer pot brand.
- For instance, we continue to improve customer experience through our proprietary smartphone applications, pre-order services and store design.
- We plan to continue our investment in end-to-end digitalization, automation and artificial intelligence ("AI"), with applications across four major areas: customers, stores, supply chain and back office.
- For example, the "Super Brain," an end-to-end AI-enabled system, integrates data from store operations and aids the decision making of restaurant general managers.
Partnerships
- In April 2020, we partnered with Luigi Lavazza S.p.A. ("Lavazza Group"), the world-renowned family-owned Italian coffee company, and established a joint venture ("Lavazza joint venture"), to explore and develop the Lavazza coffee concept in China.
- Besides great-tasting food and great value, we collaborate with leading IPs in animation, gaming and sports on themed food, packaging and gifts, offering emotional value and attracting new and young customers.
Legal & Regulatory Risks (Item 1A, quoted)
- Any significant liability claims, food contamination complaints from our customers or reports of incidents of food tampering could adversely affect our business, reputation, results of operations and financial condition.
- Failure to comply with anti-bribery or anti-corruption laws could adversely affect our business and results of operations.
- Tax matters, including changes in tax rates, disagreements with tax authorities and imposition of new taxes could impact our results of operations and financial condition.
- The interpretation and enforcement of Chinese laws, rules and regulations may change from time to time, which could have a material adverse effect on us.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| TXRH | Texas Roadhouse, Inc. | USD 166.07 | ▼ 3.89% |
| DPZ | Domino's Pizza Inc | USD 313.16 | ▼ 1.43% |
| DRI | Darden Restaurants, Inc. | USD 212.8 | ▼ 2.19% |
| EAT | Brinker International, Inc. | USD 186.41 | ▼ 1.95% |
| BROS | Dutch Bros Inc. | USD 41.18 | ▼ 1.37% |
| QSR | Restaurant Brands International | USD 75.11 | ▼ 1.7% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 15:43 UTC. This page is informational and not investment advice.
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