Yum Brands Inc
Close on Nov 2, 2026Market cap $43.01BP/E 19.8Yield 1.80%
Yum Brands Taco Bell Whole-Business Securitization Notes by Year
Taco Bell Whole-Business Securitization Notes Outstanding ($M) ($M)
Yum Brands Taco Bell Whole-Business Securitization Notes: $4,306M in FY2025, up 15.0% from a year earlier. That is the highest of the 9 years on record here.
Where the FY2025 figure comes from
Source: Form 10-K (FY2025) ↗
Asset-backed fixed-rate senior secured notes issued by Taco Bell Funding, LLC backed by U.S. Taco Bell franchise royalties and license fees.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Taco Bell Whole-Business Securitization Notes Outstanding ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 4,306 | +15.0% | Form 10-K (FY2025) ↗ |
| FY2024 | Dec 31, 2024 | 3,743 | 0.0% | Form 10-K (FY2024) ↗ |
| FY2023 | Dec 31, 2023 | 3,743 | -0.8% | Form 10-K (FY2023) ↗ |
| FY2022 | Dec 31, 2022 | 3,772 | -1.0% | Form 10-K (FY2022) ↗ |
| FY2021 | Dec 31, 2021 | 3,811 | +32.8% | Form 10-K (FY2021) ↗ |
| FY2020 | Dec 31, 2020 | 2,869 | -1.0% | Form 10-K (FY2020) ↗ |
| FY2019 | Dec 31, 2019 | 2,898 | -1.0% | Form 10-K (FY2019) ↗ |
| FY2018 | Dec 31, 2018 | 2,928 | +28.9% | Form 10-K (FY2018) ↗ |
| FY2017 | Dec 31, 2017 | 2,271 | – | Form 10-K (FY2018) ↗ |
Cite this data
StockData. (2026). Yum Brands Taco Bell Whole-Business Securitization Notes ($M), annual FY2017–FY2025 [Data set]. Compiled from Yum Brands SEC filings and investor materials. https://stockdatahq.com/stocks/yum/kpis/fn-securitization-notes-m
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