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% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 909.40 | 831.10 | 812.30 | 879.40 |
| Operating 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 | - | 201.30 | 209 | 207.50 | 215.70 |
| Selling General And Administration | - | 190.75 | 198.10 | 196.70 | 203.80 |
| Total Expenses | - | 733.35 | 643.40 | 644.50 | 735.70 |
| Operating Income | - | 176.05 | 187.70 | 167.80 | 143.60 |
| EBITDA | - | 213.69 | 217.30 | 200.80 | 146.10 |
| Normalized EBITDA | - | 214.04 | 223.30 | 206.90 | 186.50 |
| EBIT | - | 175.74 | 181.70 | 161.60 | 103.20 |
| Interest Expense | - | 60.95 | 70 | 72.10 | 78 |
| Net Interest Income | - | -60.95 | -70 | -72.10 | -78 |
| Other Income Expense | - | -0.35 | -6 | -6.10 | -40.40 |
| Interest Expense Non Operating | - | 60.95 | 70 | 72.10 | 78 |
| Net Non Operating Interest Income Expense | - | -60.95 | -70 | -72.10 | -78 |
| Pretax Income | - | 114.78 | 111.70 | 89.50 | 25.20 |
| Tax Provision | - | 33.67 | 14.50 | 24.70 | 8.10 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -0.10 | -0.78 | -1.68 | -12.99 |
| Net Income Continuous Operations | - | 81.11 | 97.20 | 64.80 | 17.10 |
| Net Income From Continuing And Discontinued Operation | - | 81.11 | 97.20 | 64.90 | 17.10 |
| Net Income From Continuing Operation Net Minority Interest | - | 81.11 | 97.20 | 64.90 | 17.10 |
| Net Income | - | 81.11 | 97.20 | 64.90 | 17.10 |
| Net Income Common Stockholders | - | 78.94 | 94.90 | 63 | 16 |
| Net Income Including Noncontrolling Interests | - | 81.11 | 97.20 | 64.90 | 17.10 |
| Normalized Income | - | 81.36 | 102.42 | 69.32 | 44.51 |
| Diluted NI Availto Com Stockholders | - | 78.94 | 94.90 | 63 | 16 |
| Basic Average Shares | - | 15.87 | 15.20 | 14.93 | 14.30 |
| Diluted Average Shares | - | 15.90 | 15.20 | 14.93 | 14.30 |
| Reconciled Depreciation | - | 37.95 | 35.60 | 39.20 | 42.90 |
| Reconciled Cost Of Revenue | - | 504.65 | 409.70 | 408.60 | 489 |
| Total Unusual Items | - | -0.35 | -6 | -6.10 | -40.40 |
| Total Unusual Items Excluding Goodwill | - | -0.35 | -6 | -6.10 | -40.40 |
| Special Income Charges | - | -0.35 | -6 | -6.10 | -40.40 |
| Gain On Sale Of Business | -1.70 | -1.70 | -1.60 | -2.20 | - |
| Other Special Charges | 0.03 | -0.21 | 0.01 | - | 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 |
| 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 |
| General And Administrative Expense | - | 190.75 | 198.10 | 196.70 | 203.80 |
| Other Gand A | - | 190.75 | 198.10 | 196.70 | 203.80 |
| Gain On Sale Of Ppe | - | 2.54 | -2.40 | 3.20 | 0.50 |
| Rent Expense Supplemental | - | 88 | 87.80 | 87.20 | 84.20 |
| Otherunder Preferred Stock Dividend | - | 2.17 | 2.30 | 1.90 | 1.10 |
| Average Dilution Earnings | 0.01 | 0 | 0 | 0 | - |
| Amortization | - | 10.56 | 10.90 | 10.80 | 11.90 |
| Amortization Of Intangibles Income Statement | - | 10.56 | 10.90 | 10.80 | 11.90 |
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 | $369M | 21.57β premium | -1.35 | -6.2% | 12.60 |
| Nathan's Famous, Inc. | NATH | $415M | 17.27 | -25.12 | -145.5% | 11.71 |
| Zumiez Inc. | ZUMZ | $405M | 30.28 | 1.25 | 4.1% | 11.63 |
| Citi Trends, Inc. | CTRN | $387M | 74.21 | 3.32 | 4.5% | 22.35 |
| Haverty Furniture Companies, Inc. | HVT | $367M |
| - |
| - |
| - |
| - |
| - |
| - |
| 18.61 |
| 1.19 |
| 6.4% |
| 10.19 |
| Barnes & Noble Education, Inc. | BNED | $363M | -5.51 | 1.33 | -24.2% | -102.94 |
| Lands' End, Inc. | LE | $342M | 61.98 | 1.40 | 2.3% | 7.63 |
| Weyco Group, Inc. | WEYS | $338M | 14.66 | 1.41 | 9.6% | 7.21 |
| Strattec Security Corporation | STRT | $333M | 17.83 | 1.50 | 8.4% | 6.35 |
| Peer Median | - | 18.22 | 1.36 | 4.3% | 8.91 | |