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Dine Brands Global Inc Financials

DIN
Source SEC Filings (10-K/10-Q) Updated Mar 29, 2026 Currency USD FYE December

This page shows Dine Brands Global Inc (DIN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI DIN FY2025

A cash-generative, asset-light model is still intact, but margin compression now exposes its liability-heavy financing structure.

By FY2025, revenue was above FY2023 at $879M versus $831M, but profitability did not follow that rebound. Free cash flow slipped to $53M while net margin fell to 1.9%, showing that higher sales were absorbed by a worse cost and cash profile rather than flowing through.

FY2025 closed with $2.01B of liabilities against $1.74B of assets, so the company is running with negative equity rather than a large accounting buffer. Because the current ratio stayed below 1.0x in each recent year, day-to-day flexibility depends on dependable operating cash, not surplus working capital.

This remains an asset-light model: FY2025 capital spending was $35.6M against operating cash flow of $89M, so reinvestment needs did not consume most internally generated cash. The deeper change is weaker cash conversion, with operating cash flow down from $196M in FY2021 to $89M even though revenue has roughly returned to earlier levels.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 17 / 100
Financial Profile 17/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Dine Brands Global Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth
38

Dine Brands Global Inc's revenue grew 8.2% year-over-year to $879.3M, a solid pace of expansion. This earns a growth score of 38/100.

Leverage
0

Dine Brands Global Inc has elevated debt relative to equity (D/E of -4.34), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Liquidity
14

Dine Brands Global Inc's current ratio of 0.96 is below the typical benchmark, resulting in a score of 14/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow
47

Dine Brands Global Inc has a free cash flow margin of 6.1%, earning a moderate score of 47/100. The company generates positive cash flow after capital investments, but with room for improvement.

Piotroski F-Score Neutral
6/9

Dine Brands Global Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed
5.20x

For every $1 of reported earnings, Dine Brands Global Inc generates $5.20 in operating cash flow ($89.0M OCF vs $17.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$879.3M
YoY+8.2%
5Y CAGR+5.0%
10Y CAGR+2.6%

Dine Brands Global Inc generated $879.3M in revenue in fiscal year 2025. This represents an increase of 8.2% from the prior year.

EBITDA
N/A
Net Income
$17.1M
YoY-73.6%
10Y CAGR-16.6%

Dine Brands Global Inc reported $17.1M in net income in fiscal year 2025. This represents a decrease of 73.6% from the prior year.

EPS (Diluted)
$1.11
YoY-73.7%
10Y CAGR-14.8%

Dine Brands Global Inc earned $1.11 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 73.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$53.4M
YoY-43.2%
5Y CAGR-9.0%
10Y CAGR-8.4%

Dine Brands Global Inc generated $53.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 43.2% from the prior year.

Cash & Debt
$128.2M
YoY-31.3%
5Y CAGR-19.7%
10Y CAGR-1.2%

Dine Brands Global Inc held $128.2M in cash against $1.2B in long-term debt as of fiscal year 2025.

Dividends Per Share
$1.72
YoY-15.7%
5Y CAGR+17.7%
10Y CAGR-7.0%

Dine Brands Global Inc paid $1.72 per share in dividends in fiscal year 2025. This represents a decrease of 15.7% from the prior year.

Shares Outstanding
13M
YoY-14.6%
5Y CAGR-4.5%
10Y CAGR-3.5%

Dine Brands Global Inc had 13M shares outstanding in fiscal year 2025. This represents a decrease of 14.6% from the prior year.

Margins & Returns

Gross Margin
40.9%
YoY-5.3pp
5Y CAGR+4.8pp
10Y CAGR-17.7pp

Dine Brands Global Inc's gross margin was 40.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 5.3 percentage points from the prior year.

Operating Margin
N/A
Net Margin
1.9%
YoY-6.0pp
5Y CAGR+17.0pp
10Y CAGR-13.5pp

Dine Brands Global Inc's net profit margin was 1.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 6.0 percentage points from the prior year.

Return on Equity
N/A

Capital Allocation

R&D Spending
N/A
Share Buybacks
$60.7M
YoY+403.1%
5Y CAGR+15.2%
10Y CAGR-1.4%

Dine Brands Global Inc spent $60.7M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 403.1% from the prior year.

Capital Expenditures
$35.6M
YoY+153.0%
5Y CAGR+26.6%
10Y CAGR+18.3%

Dine Brands Global Inc invested $35.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 153.0% from the prior year.

DIN Income Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Revenue $225.2M+3.5% $217.6M+0.6% $216.2M-6.3% $230.8M+7.4% $214.8M+4.9% $204.8M+5.0% $195.0M-5.4% $206.3M
Cost of Revenue $82.3M+6.7% $77.1M-1.7% $78.5M-9.2% $86.4M+6.5% $81.2M-8.5% $88.7M+11.3% $79.7M-6.2% $85.0M
Gross Profit $87.3M-5.3% $92.2M+9.1% $84.6M-8.3% $92.2M+2.1% $90.3M+5.9% $85.3M-8.6% $93.3M-6.0% $99.3M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $53.1M+3.0% $51.5M+2.7% $50.2M-1.1% $50.8M-1.0% $51.3M-1.9% $52.3M+15.2% $45.4M-3.1% $46.9M
Operating Income $52.6M N/A N/A N/A N/A N/A N/A N/A
Interest Expense N/A N/A N/A N/A N/A N/A $19.4M+3.2% $18.8M
Income Tax $2.8M+164.3% -$4.4M-259.1% $2.7M-46.5% $5.1M+11.2% $4.6M+74.6% $2.6M-64.4% $7.4M-7.9% $8.0M
Net Income $7.4M+160.5% -$12.2M-267.1% $7.3M-47.0% $13.8M+68.5% $8.2M+58.5% $5.2M-72.9% $19.1M-17.8% $23.2M
EPS (Diluted) $0.57 N/A $0.48-46.1% $0.89+67.9% $0.53 N/A $1.24-17.3% $1.50

DIN Balance Sheet

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Total Assets $1.7B-2.8% $1.7B-2.0% $1.8B-0.9% $1.8B+1.3% $1.8B-1.4% $1.8B+5.4% $1.7B+0.4% $1.7B
Current Assets $283.7M-19.4% $351.8M-1.9% $358.5M-3.3% $370.7M+3.0% $360.1M-6.7% $386.0M+16.5% $331.4M+3.7% $319.6M
Cash & Equivalents $104.2M-18.7% $128.2M-23.7% $167.9M-13.5% $194.2M+4.1% $186.5M-0.1% $186.7M+10.0% $169.6M+10.5% $153.5M
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable N/A N/A N/A N/A N/A N/A N/A N/A
Goodwill $249.6M0.0% $249.6M0.0% $249.6M-0.3% $250.3M+0.7% $248.6M0.0% $248.6M-2.1% $254.1M0.0% $254.1M
Total Liabilities $2.0B-1.6% $2.0B+0.3% $2.0B+0.2% $2.0B+1.0% $2.0B-1.2% $2.0B+4.7% $1.9B-0.5% $1.9B
Current Liabilities $320.3M-12.4% $365.5M+7.5% $340.1M-21.1% $431.2M+4.0% $414.7M-6.9% $445.3M+15.1% $386.9M-1.9% $394.2M
Long-Term Debt $1.2B+0.1% $1.2B+0.1% $1.2B+9.3% $1.1B0.0% $1.1B0.0% $1.1B0.0% $1.1B0.0% $1.1B
Total Equity -$290.0M-5.9% -$273.9M-18.1% -$231.9M-9.1% -$212.5M+1.5% -$215.7M+0.1% -$216.0M+0.3% -$216.7M+6.5% -$231.7M
Retained Earnings $180.0M+2.8% $175.1M-7.8% $189.8M0.0% $189.8M+3.3% $183.9M+0.1% $183.6M-1.4% $186.2M+6.4% $175.0M

DIN Cash Flow Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Operating Cash Flow $7.5M+31.6% $5.7M-81.1% $30.2M-18.3% $37.0M+129.6% $16.1M-47.2% $30.5M+19.4% $25.5M+18.0% $21.6M
Capital Expenditures $12.1M-15.1% $14.3M+17.9% $12.1M+103.5% $5.9M+79.9% $3.3M-12.3% $3.8M+6.7% $3.5M+2.4% $3.4M
Free Cash Flow -$4.6M+46.2% -$8.6M-147.2% $18.1M-41.6% $31.0M+142.5% $12.8M-52.1% $26.7M+21.4% $22.0M+20.9% $18.2M
Investing Cash Flow -$7.7M+51.2% -$15.8M-48.2% -$10.6M-222.0% -$3.3M-73.9% -$1.9M+75.6% -$7.8M-1995.4% $411K+302.9% $102K
Financing Cash Flow -$28.6M+27.3% -$39.3M-24.3% -$31.6M-51.4% -$20.9M-68.6% -$12.4M-35.0% -$9.2M+0.2% -$9.2M+40.5% -$15.5M
Dividends Paid $2.5M-66.2% $7.4M-5.1% $7.8M-2.5% $8.0M+2.6% $7.8M0.0% $7.8M0.0% $7.8M-1.3% $7.9M
Share Buybacks $22.0M-28.1% $30.6M+36.0% $22.5M+277.4% $6.0M+272.6% $1.6M+2324.2% $66K $0-100.0% $6.0M

DIN Financial Ratios

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Gross Margin 38.8%-3.6pp 42.4%+3.3pp 39.1%-0.9pp 40.0%-2.1pp 42.0%+0.4pp 41.6%-6.2pp 47.9%-0.3pp 48.1%
Operating Margin 23.4% N/A N/A N/A N/A N/A N/A N/A
Net Margin 3.3%+8.9pp -5.6%-9.0pp 3.4%-2.6pp 6.0%+2.2pp 3.8%+1.3pp 2.5%-7.2pp 9.8%-1.5pp 11.2%
Return on Equity N/A N/A N/A N/A N/A N/A N/A N/A
Return on Assets 0.4%+1.1pp -0.7%-1.1pp 0.4%-0.4pp 0.8%+0.3pp 0.5%+0.2pp 0.3%-0.8pp 1.1%-0.3pp 1.4%
Current Ratio 0.89-0.1 0.96-0.1 1.05+0.2 0.860.0 0.870.0 0.87+0.0 0.86+0.0 0.81
Debt-to-Equity -4.10+0.2 -4.34+0.8 -5.120.0 -5.11-0.1 -5.040.0 -5.03-0.0 -5.01-0.3 -4.68
FCF Margin -2.0%+1.9pp -3.9%-12.3pp 8.4%-5.1pp 13.5%+7.5pp 6.0%-7.1pp 13.0%+1.8pp 11.3%+2.5pp 8.8%

Note: Shareholder equity is negative (-$273.9M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.96), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Dine Brands Global Inc (DIN) reported $879.3M in total revenue for fiscal year 2025. This represents a 8.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Dine Brands Global Inc (DIN) revenue grew by 8.2% year-over-year, from $812.3M to $879.3M in fiscal year 2025.

Yes, Dine Brands Global Inc (DIN) reported a net income of $17.1M in fiscal year 2025, with a net profit margin of 1.9%.

Dine Brands Global Inc (DIN) reported diluted earnings per share of $1.11 for fiscal year 2025. This represents a -73.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2025, Dine Brands Global Inc (DIN) had $128.2M in cash and equivalents against $1.2B in long-term debt.

Dine Brands Global Inc (DIN) had a gross margin of 40.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Dine Brands Global Inc (DIN) had a net profit margin of 1.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Dine Brands Global Inc (DIN) paid $1.72 per share in dividends during fiscal year 2025.

Dine Brands Global Inc (DIN) generated $53.4M in free cash flow during fiscal year 2025. This represents a -43.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Dine Brands Global Inc (DIN) generated $89.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Dine Brands Global Inc (DIN) had $1.7B in total assets as of fiscal year 2025, including both current and long-term assets.

Dine Brands Global Inc (DIN) invested $35.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Dine Brands Global Inc (DIN) spent $60.7M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Dine Brands Global Inc (DIN) had 13M shares outstanding as of fiscal year 2025.

Dine Brands Global Inc (DIN) had a current ratio of 0.96 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

Dine Brands Global Inc (DIN) had a debt-to-equity ratio of -4.34 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Dine Brands Global Inc (DIN) had a return on assets of 1.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Dine Brands Global Inc (DIN) has negative shareholder equity of -$273.9M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

Dine Brands Global Inc (DIN) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Dine Brands Global Inc (DIN) has an earnings quality ratio of 5.20x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Dine Brands Global Inc (DIN) scores 17 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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