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Texas Roadhouse vs Yum China Holdings (TXRH vs YUMC)

Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.

Yum China Holdings is the larger company by revenue ($11.8B vs $5.9B) and market value ($14.9B vs $12.4B). Texas Roadhouse has grown revenue faster over the last 4 fiscal years (+69.7% cumulative vs +19.7%). Yum China Holdings runs the higher operating margin (10.9% vs 8.1%). Yum China Holdings trades at the lower trailing P/E (16.8x vs 30.6x).

About Yum China Holdings

Yum China Holdings, Inc. operates the largest restaurant network in China, with over 18,000 restaurants as of 2025. The company manages well-known brands including KFC, Pizza Hut, Lavazza, Huang Ji Huang, Little Sheep, and Taco Bell, offering a variety of quick-service and casual dining options. Yum China serves customers across more than 2,500 cities in China through company-owned and franchised restaurants.

Head to head (TXRH FY2025 vs YUMC FY2025)

MetricTXRHFY2025YUMCFY2025
Revenue$5.88B$11.80B
Revenue growth (YoY)9.4%4.4%
Gross margin
Operating margin8.1%10.9%
Net margin6.9%7.9%
Net income$405.6M$929.0M
Diluted EPS$6.10$2.51
FCF margin5.8%7.1%
ROE27.4%15.2%
Debt / equity
Market cap$12.43B$14.89B
P/E (TTM)30.6×16.8×

Fundamentals are from each company’s SEC filings (TXRH FY2025, YUMC FY2025). P/E and market cap are derived from recent market prices and update daily.

Five-year trend (as reported)

RevenueFY2021FY2022FY2023FY2024FY2025
TXRH$3.46B$4.01B$4.63B$5.37B$5.88B
YUMC$9.85B$9.57B$10.98B$11.30B$11.80B
Net incomeFY2021FY2022FY2023FY2024FY2025
TXRH$245.3M$269.8M$304.9M$433.6M$405.6M
YUMC$990.0M$442.0M$827.0M$911.0M$929.0M
Operating marginFY2021FY2022FY2023FY2024FY2025
TXRH8.6%8.0%7.6%9.6%8.1%
YUMC14.1%6.6%10.1%10.3%10.9%

Peer standing

Where each company ranks among the 42 restaurant companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.

MetricTXRHYUMC
Operating margin
8.1%67th percentile of 40
10.9%77th percentile of 40
Net margin
6.9%73rd percentile of 42
7.9%80th percentile of 42
FCF margin
5.8%66th percentile of 42
7.1%73rd percentile of 42
Revenue growth (YoY)
+9.4%71st percentile of 42
+4.4%44th percentile of 42
ROE
27.4%79th percentile of 29
15.2%68th percentile of 29
P/E (TTM)
30.6×69th percentile of 27
16.8×15th percentile of 27
Short interest (days to cover)
2.22d25th percentile of 41
2.54d30th percentile of 41

Short interest

FINRA settlement dataTXRHYUMC
Shares sold short3.1M4.6M
Change vs prior settlement-3.9%+5.3%
Days to cover2.222.54
As of settlement2026-06-302026-06-30

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.

Insider activity (last 90 days)

Form 4 open-market activityTXRHYUMC
Buys0
Sells6 ($1.1M)

Open-market purchases and sales reported on SEC Form 4 (grants, exercises and tax withholding excluded). For context, about 16% of covered companies saw any open-market insider buy in a 90-day window.

Held by the same investors

5 tracked 13F managers hold both Texas Roadhouse and Yum China Holdings as of their latest quarterly filings: AQR Capital Management, Citadel Advisors, D. E. Shaw, Millennium Management, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.

Go deeper

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.