Dine Brands Global, Inc., together with its subsidiaries, owns, franchises, and operates restaurants in the United States and internationally. It operates through three segments: Franchise, Company-owned restaurants, and Rental. The company franchises the restaurants operated by Applebee's franchisees, IHOP franchisees, and Fuzzy's franchisees in the United States. It owns, franchises, and operates restaurant concepts, including Applebee's Neighborhood Grill + Bar within the casual dining category; IHOP in the family dining category of the restaurant industry; and Fuzzy's Taco Shop within the fast-casual dining category. In addition, its Applebee's restaurants offer American fare with drinks and local draft beers; IHOP restaurants provided full table services and food and beverages; Fuzzy's Taco Shop offers mexican food, such as tacos, chips and queso, guacamole, and salsa made-from-scratch daily; and a full bar including margaritas, cocktails, and cold draft beer. The company was formerly known as DineEquity, Inc. and changed its name to Dine Brands Global, Inc. in February 2018. Dine Brands Global, Inc. was founded in 1958 and is based in Pasadena, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $879M | $146M | $17M | $53M | -6.2% | 8.3% | -73.7% |
| 2024 | $812M | $201M | $65M | $94M | -30.0% | -2.3% | -33.2% |
| 2023 | $831M | $217M | $97M | $94M | -38.7% | -8.6% | 19.8% |
| 2022 | $909M | $214M | $81M | $54M | -26.9% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 909.40 | 831.10 | 812.30 | 879.40 |
| Cost Of Revenue | 532.04 | 434.40 | 437 | 520 |
| Gross Profit | 377.36 | 396.70 | 375.30 | 359.30 |
| Operating Expense | 201.31 | 209 | 207.50 | 215.70 |
| Operating Income | 176.05 | 187.70 | 167.80 | 143.60 |
| EBITDA | 213.69 | 217.30 | 200.80 | 146.10 |
| EBIT | 175.74 | 181.70 | 161.60 | 103.20 |
| Pretax Income | 114.78 | 111.70 | 89.50 | 25.20 |
| Tax Provision | 33.67 | 14.50 | 24.70 | 8.10 |
| Net Income | 81.11 | 97.20 | 64.90 | 17.10 |
| Net Income Common Stockholders | 78.94 | 94.90 | 63 | 16 |
| Total Expenses | 733.35 | 643.40 | 644.50 | 735.70 |
| Interest Expense | 60.95 | 70 | 72.10 | 78 |
| Selling General And Administration | 190.75 | 198.10 | 196.70 | 203.80 |
| Normalized EBITDA | 214.04 | 223.30 | 206.90 | 186.50 |
| Normalized Income | 81.36 | 102.42 | 69.32 | 44.51 |
| Basic EPS | 4.97 | 6.23 | 4.22 | 1.11 |
| Diluted EPS | 4.96 | 6.22 | 4.22 | 1.11 |
| Tax Effect Of Unusual Items | -0.10 | -0.78 | -1.68 | -12.99 |
| Tax Rate For Calcs | 0.29 | 0.13 | 0.28 | 0.32 |
| Total Unusual Items | -0.35 | -6 | -6.10 | -40.40 |
| Total Unusual Items Excluding Goodwill | -0.35 | -6 | -6.10 | -40.40 |
| Net Income From Continuing Operation Net Minority Interest | 81.11 | 97.20 | 64.90 | 17.10 |
| Reconciled Depreciation | 37.95 | 35.60 | 39.20 | 42.90 |
| Reconciled Cost Of Revenue | 504.65 | 409.70 | 408.60 | 489 |
| Net Interest Income | -60.95 | -70 | -72.10 | -78 |
| Net Income From Continuing And Discontinued Operation | 81.11 | 97.20 | 64.90 | 17.10 |
| Rent Expense Supplemental | 88 | 87.80 | 87.20 | 84.20 |
| Diluted Average Shares | 15.90 | 15.20 | 14.93 | 14.30 |
| Basic Average Shares | 15.87 | 15.20 | 14.93 | 14.30 |
| Diluted NI Availto Com Stockholders | 78.94 | 94.90 | 63 | 16 |
| Average Dilution Earnings | 0 | 0 | 0 | 0 |
| Otherunder Preferred Stock Dividend | 2.17 | 2.30 | 1.90 | 1.10 |
| Net Income Including Noncontrolling Interests | 81.11 | 97.20 | 64.90 | 17.10 |
| Net Income Continuous Operations | 81.11 | 97.20 | 64.80 | 17.10 |
| Other Income Expense | -0.35 | -6 | -6.10 | -40.40 |
| Special Income Charges | -0.35 | -6 | -6.10 | -40.40 |
| Gain On Sale Of Ppe | 2.54 | -2.40 | 3.20 | 0.50 |
| Gain On Sale Of Business | -1.70 | -1.60 | -2.20 | 0 |
| Other Special Charges | -0.21 | 0.01 | 0 | 0.90 |
| Write Off | 1.40 | 2 | 0 | 6 |
| Impairment Of Capital Assets | 0 | 0 | 7.10 | 29 |
| Restructuring And Mergern Acquisition | 1.70 | 3.60 | 2.20 | 5 |
| Net Non Operating Interest Income Expense | -60.95 | -70 | -72.10 | -78 |
| Interest Expense Non Operating | 60.95 | 70 | 72.10 | 78 |
| Depreciation Amortization Depletion Income Statement | 10.56 | 10.90 | 10.80 | 11.90 |
| Depreciation And Amortization In Income Statement | 10.56 | 10.90 | 10.80 | 11.90 |
| Amortization | 10.56 | 10.90 | 10.80 | 11.90 |
| Amortization Of Intangibles Income Statement | 10.56 | 10.90 | 10.80 | 11.90 |
| General And Administrative Expense | 190.75 | 198.10 | 196.70 | 203.80 |
| Other Gand A | 190.75 | 198.10 | 196.70 | 203.80 |
| Operating Revenue | 909.40 | 831.10 | 812.30 | 879.40 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Dine Brands Global, Inc.this co. | DIN | $356M | 24.61 | -1.33 | -6.2% | 9.80 |
| Genesco Inc. | GCO | $375M | 27.66 | 0.66 | 2.3% | 10.14 |
| LiveWire Group, Inc. | LVWR | $373M | - | 8.09 | -163.2% | -5.50 |
| Designer Brands Inc. | DBI | $371M | - | 1.29 | -2.9% | 14.21 |
| MasterCraft Boat Holdings, Inc. | MCFT | $371M | 24.24 |
| 1.96 |
| 3.8% |
| 11.09 |
| Haverty Furniture Companies, Inc. | HVT | $353M | 18.32 | 1.14 | 6.4% | 9.74 |
| Xponential Fitness, Inc. | XPOF | $340M | - | -0.83 | 9.1% | 6.83 |
| Lands' End, Inc. | LE | $338M | 61.00 | 1.37 | 2.3% | 6.38 |
| Ranpak Holdings Corp. | PACK | $337M | - | 0.62 | -7.2% | 12.83 |
| Peer Median | - | 25.95 | 1.22 | 2.3% | 9.94 | |