Flagship explainer

What drives YUM! BRANDS, INC.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity−21%Tax burden75%net income ÷ pretax incomeInterest burden81%pretax ÷ operating incomeOperating margin31%operating income ÷ revenueAsset turnover1.10×revenue ÷ average assetsEquity multiplier-1.00×average assets ÷ average equityAs of 2025-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$1.6BFY2025
Income before tax$2.1BFY2025
Operating income$2.6BFY2025
$8.2BFY2025
Ending assets$8.2BFY2025
Beginning assets$6.7BFY2024
−$7.3BFY2025
−$7.6BFY2024
Source: · event Dec 31, 2025 · retrieved Oct 15, 2026 · annual-row source set
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