DIN

MKT CAP:$371M

Dine Brands Global, Inc.

Market Cap

$371M

Consumer Cyclical·Restaurants·🇺🇸 United States·NYSE

Consumer Cyc.·Restaurants·🇺🇸·NYSE

Stock Price

$28.08-$5.14 (-15.47%)

Apr 23, 2026

Company Details

Dine Brands Global, Inc., together with its subsidiaries, owns, franchises, operates, and rents full-service restaurants in the United States and internationally. It operates through five segments: Applebee's Franchise Operations, Internati...

CEO

John W. Peyton

IPO Date

Jul 12, 1991

Website

www.dinebrands.com

Key Metrics TTM

Revenue

$879M

+8.2% YoY

Net Income

$17M

EPS (Diluted)

$0.99

Free Cash Flow

$52M

Revenue / Share

$66.11

Gross Margin

39.9%

Operating Margin

16.3%

Net Margin

1.9%

FCF Margin

5.9%

P/S

0.4x

P/E

21.7x

Earnings Reports

Q1 2026

May 6, 2026

PENDING

FY 2025

Feb 25, 2026

$879M+8.2%EPS $1.12

Q4 2025

Feb 25, 2026

$218M+6.3%EPS -$0.91

Q3 2025

Nov 5, 2025

$216M+10.8%EPS $0.48

Q2 2025

Aug 6, 2025

$231M+11.9%EPS $0.89

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$230M	$93M	$49M
Q2 22	$238M	$96M	$49M
Q3 22	$233M	$94M	$45M
Q4 22	$208M	$95M	$33M
Q1 23	$214M	$104M	$50M
Q2 23	$208M	$97M	$47M
Q3 23	$203M	$97M	$46M
Q4 23	$206M	$98M	$45M
Q1 24	$206M	$97M	$43M
Q2 24	$206M	$99M	$50M
Q3 24	$195M	$93M	$45M
Q4 24	$205M	$85M	$30M
Q1 25	$215M	$90M	$36M
Q2 25	$231M	$92M	$39M
Q3 25	$216M	$82M	$31M
Q4 25	$218M	$86M	$37M

Valuation

Quarter	P/S	P/E
Q1 22	0.4x	3.8x
Q2 22	0.4x	4.0x
Q3 22	0.4x	4.1x
Q4 22	0.4x	4.6x
Q1 23	0.4x	4.4x
Q2 23	0.4x	4.8x
Q3 23	0.4x	4.9x
Q4 23	0.4x	3.8x
Q1 24	0.5x	4.3x
Q2 24	0.5x	4.0x
Q3 24	0.5x	4.0x
Q4 24	0.5x	5.7x
Q1 25	0.5x	6.7x
Q2 25	0.4x	8.0x
Q3 25	0.4x	10.8x
Q4 25	0.4x	21.7x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	-$8M	-$13M
Q2 22	$38M	$30M
Q3 22	$34M	$27M
Q4 22	$26M	$10M
Q1 23	$16M	$46.0K
Q2 23	$27M	$20M
Q3 23	$37M	$27M
Q4 23	$52M	$47M
Q1 24	$31M	$27M
Q2 24	$22M	$18M
Q3 24	$26M	$22M
Q4 24	$30M	$27M
Q1 25	$16M	$13M
Q2 25	$37M	$31M
Q3 25	$30M	$17M
Q4 25	$6M	-$9M

Capital Expenditures

Quarter	CapEx
Q1 22	$5M
Q2 22	$7M
Q3 22	$7M
Q4 22	$16M
Q1 23	$16M
Q2 23	$7M
Q3 23	$9M
Q4 23	$5M
Q1 24	$3M
Q2 24	$3M
Q3 24	$4M
Q4 24	$4M
Q1 25	$3M
Q2 25	$6M
Q3 25	$14M
Q4 25	$14M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+12.8%	+12.6%
Q2 22	+1.8%	+6.9%
Q3 22	+2.0%	+4.1%
Q4 22	-9.4%	-5.4%
Q1 23	-7.2%	-9.8%
Q2 23	-12.4%	-14.4%
Q3 23	-13.1%	-16.6%
Q4 23	-0.8%	-7.8%
Q1 24	-3.5%	-0.2%
Q2 24	-1.0%	-3.1%
Q3 24	-3.7%	-4.3%
Q4 24	-0.7%	+8.3%
Q1 25	+4.1%	+9.0%
Q2 25	+11.9%	+22.6%
Q3 25	+10.8%	+23.3%
Q4 25	+6.3%	+3.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$4M	1.9%
Q2 22	$4M	1.7%
Q3 22	$4M	1.6%
Q4 22	$4M	1.9%
Q1 23	$2M	0.8%
Q2 23	$4M	1.7%
Q3 23	$3M	1.4%
Q4 23	$4M	1.9%
Q1 24	$5M	2.4%
Q2 24	$4M	1.9%
Q3 24	$4M	2.0%
Q4 24	$3M	1.7%
Q1 25	$3M	1.6%
Q2 25	$3M	1.4%
Q3 25	$3M	1.4%
Q4 25	$3M	1.6%

OpEx Breakdown

Quarter	G&A
Q1 22	$42M
Q2 22	$44M
Q3 22	$46M
Q4 22	$59M
Q1 23	$51M
Q2 23	$48M
Q3 23	$49M
Q4 23	$51M
Q1 24	$52M
Q2 24	$47M
Q3 24	$45M
Q4 24	$52M
Q1 25	$51M
Q2 25	$51M
Q3 25	$50M
Q4 25	$51M

Revenue Segments

Quarter	Company Restaurants	Financing Operations	Franchisor	Rental Operations
Q1 22	$39M	$968.0K	$161M	$29M
Q2 22	$40M	$958.0K	$168M	$29M
Q3 22	$38M	$858.0K	$165M	$29M
Q4 22	$10M	$820.0K	$168M	$29M
Q1 23	$1M	$797.0K	$180M	$32M
Q2 23	$474.0K	$584.0K	$178M	$29M
Q3 23	$308.0K	$628.0K	$173M	$29M
Q4 23	$289.0K	$596.0K	$176M	$29M
Q1 24	$274.0K	$535.0K	$176M	$30M
Q2 24	$299.0K	$464.0K	$176M	$29M
Q3 24	$267.0K	$422.0K	$166M	$28M
Q4 24	$8M	$377.0K	$167M	$29M
Q1 25	$22M	$300.0K	$166M	$27M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$295M	$0	$295M
Q2 22	$264M	$0	$264M
Q3 22	$355M	$0	$355M
Q4 22	$270M	$0	$270M
Q1 23	$182M	$0	$182M
Q2 23	$98M	$0	$98M
Q3 23	$98M	$0	$98M
Q4 23	$146M	$0	$146M
Q1 24	$145M	$0	$145M
Q2 24	$154M	$0	$154M
Q3 24	$170M	$0	$170M
Q4 24	$187M	$0	$187M
Q1 25	$187M	$0	$187M
Q2 25	$194M	$0	$194M
Q3 25	$168M	$0	$168M
Q4 25	$128M	$0	$128M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	17M	-1.4%	+0.8%
Q2 22	16M	-4.0%	-5.3%
Q3 22	15M	-4.2%	-9.2%
Q4 22	15M	-0.2%	-9.5%
Q1 23	15M	-0.2%	-8.5%
Q2 23	15M	-0.1%	-4.7%
Q3 23	15M	-0.6%	-1.2%
Q4 23	15M	-0.7%	-1.7%
Q1 24	15M	-0.8%	-2.3%
Q2 24	15M	-0.2%	-2.4%
Q3 24	15M	-0.3%	-2.1%
Q4 24	15M	+0.0%	-1.3%
Q1 25	15M	+0.0%	-0.5%
Q2 25	15M	-0.2%	-0.4%
Q3 25	14M	-3.2%	-3.3%
Q4 25	13M	-7.7%	-10.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$65.4K	4K
Q2 22	$67.5K	4K
Q3 22	$66.2K	4K
Q4 22	$326.5K	637
Q1 23	$335.6K	637
Q2 23	$327.2K	637
Q3 23	$318.0K	637
Q4 23	$346.1K	596
Q1 24	$346.0K	596
Q2 24	$346.1K	596
Q3 24	$327.2K	596
Q4 24	$206.4K	992
Q1 25	$216.5K	992
Q2 25	$232.6K	992
Q3 25	$217.9K	992
Q4 25	$219.3K	992

Revenue / Employee