In 2023, Pizza Hut accounted for 19,866 restaurants worldwide. This shows an increase over the previous year's total of 19,034. Pizza Hut saw a drop in number of restaurants worldwide in 2020 most likely as a result of the coronavirus (COVID-19) pandemic.
Pizza Hut delivers more restaurants than rivals
Pizza Hut is owned by Yum! Brands, a parent company that also operates leading quick service restaurants KFC and Taco Bell. Yum! Brands had over 58 thousand units worldwide in 2023, with Pizza Hut operating the second-most restaurants behind KFC. Boasting around 19 thousand restaurants globally, Pizza Hut had a greater number of stores worldwide than its competitor Papa Johns.
Pizza Hut watchful of Domino’s effect on pizza market
Pizza Hut ranked as one of the most valuable fast food brands worldwide in 2022, positioned not far behind Domino’s Pizza. The pizza chain remained a key player in the global pizza market, with an annual revenue exceeding one billion U.S. dollars in 2023. Comparatively, Domino’s Pizza reported a global revenue of around 4.54 billion U.S. dollars in 2022.
Number of Pizza Hut restaurants worldwide from 2010 to 2023
*Unit information includes units operating under the Telepizza brand as of December 31, 2018.
Figures for 2010 to 2020 come from earlier financial releases.
Fiscal years ended December 31, 2023, December 31, 2022, December 31, 2021, December 31, 2020, December 31, 2019, December 31, 2018, December 31, 2017, December 31, 2016, December 26, 2015 and December 27, 2014.
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Yum! Brands. (February 20, 2024). Number of Pizza Hut restaurants worldwide from 2010 to 2023 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/256828/pizza-hut-restaurants-worldwide/
Yum! Brands. "Number of Pizza Hut restaurants worldwide from 2010 to 2023." Chart. February 20, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/256828/pizza-hut-restaurants-worldwide/
Yum! Brands. (2024). Number of Pizza Hut restaurants worldwide from 2010 to 2023. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/256828/pizza-hut-restaurants-worldwide/
Yum! Brands. "Number of Pizza Hut Restaurants Worldwide from 2010 to 2023." Statista, Statista Inc., 20 Feb 2024, https://www.statista.com/statistics/256828/pizza-hut-restaurants-worldwide/
Yum! Brands, Number of Pizza Hut restaurants worldwide from 2010 to 2023 Statista, https://www.statista.com/statistics/256828/pizza-hut-restaurants-worldwide/ (last visited December 21, 2024)
Number of Pizza Hut restaurants worldwide from 2010 to 2023 [Graph], Yum! Brands, February 20, 2024. [Online]. Available: https://www.statista.com/statistics/256828/pizza-hut-restaurants-worldwide/
