Yum China Holdings, Inc.

YUMCNYSEConsumer Cyclical● Active

$42.78

$-0.10(-0.23%)

Market Cap$15.0B

P/E Ratio—

52W High$58.39

52W Low$41.69

Avg Volume1.6M

Open$42.79

Beta0.09

Free Cash Flow Financials Revenue

Yum China Holdings, Inc. (YUMC) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

YUMC · free cash flow · updated Jun 8, 2026

Core FCF metrics

YUMC · FCF · TTM · margin & CAGR

Free cash flow was $840.0M for FY2025 (fiscal year ending 2025-12-31), up 17.6% year-over-year The FCF margin was 7.1%. Five-year CAGR stands at +3.9%.

FY2025 Free Cash Flow$840.0M▲ +17.6% YoY

Trailing 12M (TTM)$931.0Mtrailing 4 quarters sum

FCF Margin7.1%$840.0M ÷ revenue

3-Year CAGR+4.6%FY2022 → FY2025

5-Year CAGR+3.9%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

YUMC · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$1.47B(626M)$840.0M▲ +17.6%7.1%

FY2024$1.42B(705M)$714.0M▼ 6.4%6.3%

FY2023$1.47B(710M)$763.0M▲ +4.0%7.0%

FY2022$1.41B(679M)$734.0M▲ +66.1%7.7%

FY2021$1.13B(689M)$442.0M▼ 36.4%4.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

YUMC · P/FCF · FCF yield · FCF per share

Yum China Holdings, Inc. (YUMC) trades at a FCF yield of 6.19% and a price-to-free-cash-flow ratio of 16.5x. FCF per share stands at $2.59, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

6.19%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.59

TTM FCF ÷ Shares Outstanding

Price / FCF

x16.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x17.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

YUMC · cash flow statement · operating / investing / financing

For FY2025, Yum China Holdings, Inc. generated $1.47B in operating cash flow and spent 626M in capital expenditures, yielding $840.0M in free cash flow.

Operating Activities

+$1.47B

Cash from core business operations

2025-12-31

Investing Activities

−$5.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$1.69B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($1.47B) − |CapEx| (626M) = FCF ($840.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

YUMC vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Yum China Holdings, Inc.YOU

YUMC

$840.0M+17.6%7.1%

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Yum China Holdings, Inc. (YUMC) reported free cash flow of $840.0M for FY2025 (fiscal year ending 2025-12-31), up 17.6% year-over-year. The FCF margin was 7.1%.

Based on available data, Yum China Holdings, Inc. has maintained positive free cash flow for at least 13 fiscal year(s). FCF peaked at $863.0M in FY2018. The 5-year CAGR stands at +3.9%.

Yum China Holdings, Inc.'s FCF yield is 6.19% and price-to-FCF ratio is 16.5x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

YUMC free cash flow · 8 questions

Yum China Holdings, Inc. free cash flow was $840.0M for FY2025, up 17.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $931.0M.

YUMC free cash flowYUMC FCFYUMC FCF 2025YUMC free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Yum China Holdings, Inc. · Yum China Holdings, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026