Owner Scorecard


← The Manual

Volume one · United States

Y

7 entries, YELP to YUMC · entries 2,833–2,839 of 3,803

YELP Yelp Inc

Our platform provides the type of reliable and useful review content that helps consumers make informed spending decisions and confidently transact with local businesses.

Owner earnings 2016–2025 $104M$137M$115M$167M$145M$184M$160M$279M$248M$324M

Retained capital Paid out $1.2B more than it earned over 2016–2025; annual owner earnings grew $165M.

Balance sheet Net cash, +$302M

YETI YETI Holdings

YETI is a global designer, retailer, and distributor of innovative outdoor products.

Owner earnings 2016–2025 $17M$127M$155M$55M$351M$114M$55M$235M$220M$212M

Retained capital Retained $81M of earnings over 2016–2025; annual owner earnings grew $122M.

Balance sheet Net cash, +$113M · buybacks at an average near $36.50 · dividend paid 4 of 10 yrs, cut at least once

YEXT Yext Inc.

A software business, earning high margins on code once it is written.

Owner earnings 2017–2026 ($17M)($36M)($30K)($38M)($9M)$8M$12M$43M$48M$53M

Retained capital Paid out $738M more than it earned over 2017–2026; annual owner earnings grew $66M.

Balance sheet Net cash, +$56M

YORW York Water

A regulated utility, earning a set return on the capital it sinks into its network.

Owner earnings 2016–2025 $13M$13M$11M$11M$12M$14M$19M$31M$30M$30M

Retained capital Retained $67M of earnings over 2016–2025; annual owner earnings grew $18M, $0.26 per $1 retained.

Balance sheet Heavy net debt, $222M · buybacks at an average near $30.98 · dividend paid 10 of 10 yrs, never cut

YOU Clear Secure Inc.

Clear Secure Inc. is a secure identity company making experiences safer and easier - both digitally and physically.

Owner earnings 2019–2025 $9M($22M)$57M$150M$199M$284M$343M

Retained capital Retained $40M of earnings over 2019–2025; annual owner earnings grew $260M, $6.50 per $1 retained.

Balance sheet Net cash, debt-free, +$86M · dividend paid 3 of 7 yrs, never cut

YUM Yum! Brands Inc.

Revenue is Franchise and property revenue (42%), Products (36%) and Advertising (22%).

Owner earnings 2017–2025 $777M$1.0B$1.2B$1.1B$1.5B$1.3B$1.4B$1.5B$1.8B

Retained capital Paid out $2.0B more than it earned over 2017–2025; annual owner earnings grew $583M.

Balance sheet Heavy net debt, $11.3B · buybacks at an average near $96.75 · dividend paid 9 of 9 yrs, never cut

YUMC Yum China Holdings Inc.

Yum China is the largest restaurant company in China in terms of 2025 system sales.

Owner earnings 2016–2025 $430M$469M$863M$750M$695M$615M$734M$1.0B$943M$1.0B

Retained capital Retained $1.2B of earnings over 2016–2025; annual owner earnings grew $406M, $0.33 per $1 retained.

Balance sheet Net cash, debt-free, +$1.4B · buybacks at an average near $43.30 · dividend paid 9 of 10 yrs, cut at least once

The same four lines for every company, in strict ticker order; a figure that could not be read renders as "not read," never as a mark against the record beside it. The entries carry no ranking and form no score. What an entry cannot carry — understanding of the business, and a price — is yours.