Dine Brands Global (DIN)
Market Price (12/23/2025): $33.72 | Market Cap: $485.9 MilSector: Consumer Discretionary | Industry: Restaurants
Dine Brands Global (DIN)
Market Price (12/23/2025): $33.72Market Cap: $485.9 MilSector: Consumer DiscretionaryIndustry: Restaurants
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 14%, Dividend Yield is 6.5%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 9.4%, FCF Yield is 18% | Trading close to highsDist 52W High is -3.4% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 302% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 10% | Weak multi-year price returns2Y Excs Rtn is -67%, 3Y Excs Rtn is -119% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -2.1% |
| Low stock price volatilityVol 12M is 49% | Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 16% | Key risksDIN key risks include [1] a significant debt burden resulting in negative equity, Show more. |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and Experience Economy & Premiumization. Themes include Online Marketplaces, Direct-to-Consumer Brands, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 14%, Dividend Yield is 6.5%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 9.4%, FCF Yield is 18% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 13%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 10% |
| Low stock price volatilityVol 12M is 49% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and Experience Economy & Premiumization. Themes include Online Marketplaces, Direct-to-Consumer Brands, Show more. |
| Trading close to highsDist 52W High is -3.4% |
| Weak multi-year price returns2Y Excs Rtn is -67%, 3Y Excs Rtn is -119% |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 16% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 302% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -2.1% |
| Key risksDIN key risks include [1] a significant debt burden resulting in negative equity, Show more. |
Why The Stock Moved
Qualitative Assessment
AI Analysis | Feedback
1. Increased Revenue Driven by Acquisitions and Sales Trends: Dine Brands Global reported increased total revenues in both the second and third quarters of 2025. In the second quarter, total revenues were $230.8 million, up from $206.3 million in Q2 2024, primarily due to an increase in company restaurant sales, mainly from the acquisition of Applebee's and IHOP restaurants. Similarly, Q3 2025 saw total revenues of $216.2 million, an increase from Q3 2024, largely driven by higher company-owned restaurant sales from acquisitions prior to the quarter. Applebee's, in particular, experienced a 4.9% increase in year-over-year domestic comparable same-restaurant sales in Q2 2025, benefiting from value-driven promotions and menu innovation.2. Mixed Earnings Performance and Profitability Challenges: Despite revenue growth, Dine Brands Global faced challenges with profitability. For Q2 2025, while revenue exceeded analyst estimates, earnings per share (EPS) missed expectations by 29%, with net income down 41% from Q2 2024 due to higher expenses. The trend continued in Q3 2025, where EPS of $0.73 missed the consensus estimate of $0.82, and quarterly revenue of $216.17 million fell below analysts' expectations. GAAP net income decreased significantly from the prior year, attributed to lower segment profit and increased general and administrative (G&A) expenses, as well as investments in company-owned restaurant remodels and dual-brand conversions. The market reacted negatively to these earnings misses.
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Stock Movement Drivers
Fundamental Drivers
The 43.4% change in DIN stock from 9/22/2025 to 12/22/2025 was primarily driven by a 86.1% change in the company's P/E Multiple.| 9222025 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 23.38 | 33.52 | 43.37% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 845.37 | 866.50 | 2.50% |
| Net Income Margin (%) | 5.47% | 3.98% | -27.20% |
| P/E Multiple | 7.52 | 14.00 | 86.07% |
| Shares Outstanding (Mil) | 14.88 | 14.41 | 3.15% |
| Cumulative Contribution | 43.23% |
Market Drivers
9/22/2025 to 12/22/2025| Return | Correlation | |
|---|---|---|
| DIN | 43.4% | |
| Market (SPY) | 2.7% | 26.3% |
| Sector (XLY) | 1.9% | 34.8% |
Fundamental Drivers
The 26.1% change in DIN stock from 6/23/2025 to 12/22/2025 was primarily driven by a 96.4% change in the company's P/E Multiple.| 6232025 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 26.58 | 33.52 | 26.10% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 820.85 | 866.50 | 5.56% |
| Net Income Margin (%) | 6.78% | 3.98% | -41.21% |
| P/E Multiple | 7.12 | 14.00 | 96.44% |
| Shares Outstanding (Mil) | 14.91 | 14.41 | 3.33% |
| Cumulative Contribution | 25.96% |
Market Drivers
6/23/2025 to 12/22/2025| Return | Correlation | |
|---|---|---|
| DIN | 26.1% | |
| Market (SPY) | 14.4% | 22.1% |
| Sector (XLY) | 14.3% | 32.3% |
Fundamental Drivers
The 17.2% change in DIN stock from 12/22/2024 to 12/22/2025 was primarily driven by a 204.8% change in the company's P/E Multiple.| 12222024 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 28.59 | 33.52 | 17.25% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 813.84 | 866.50 | 6.47% |
| Net Income Margin (%) | 11.40% | 3.98% | -65.05% |
| P/E Multiple | 4.59 | 14.00 | 204.82% |
| Shares Outstanding (Mil) | 14.90 | 14.41 | 3.27% |
| Cumulative Contribution | 17.12% |
Market Drivers
12/22/2024 to 12/22/2025| Return | Correlation | |
|---|---|---|
| DIN | 17.2% | |
| Market (SPY) | 16.9% | 41.3% |
| Sector (XLY) | 7.8% | 47.1% |
Fundamental Drivers
The -40.1% change in DIN stock from 12/23/2022 to 12/22/2025 was primarily driven by a -58.6% change in the company's Net Income Margin (%).| 12232022 | 12222025 | Change | |
|---|---|---|---|
| Stock Price ($) | 55.97 | 33.52 | -40.11% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 931.07 | 866.50 | -6.93% |
| Net Income Margin (%) | 9.62% | 3.98% | -58.59% |
| P/E Multiple | 9.61 | 14.00 | 45.62% |
| Shares Outstanding (Mil) | 15.38 | 14.41 | 6.29% |
| Cumulative Contribution | -40.35% |
Market Drivers
12/23/2023 to 12/22/2025| Return | Correlation | |
|---|---|---|
| DIN | -23.2% | |
| Market (SPY) | 47.7% | 37.0% |
| Sector (XLY) | 38.4% | 42.4% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| DIN Return | -27% | 31% | -12% | -20% | -36% | 21% | -48% |
| Peers Return | 14% | 5% | -6% | 31% | 52% | -2% | 118% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 17% | 113% |
Monthly Win Rates [3] | |||||||
| DIN Win Rate | 50% | 58% | 42% | 25% | 25% | 58% | |
| Peers Win Rate | 62% | 52% | 38% | 58% | 62% | 45% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| DIN Max Drawdown | -80% | -1% | -17% | -32% | -40% | -36% | |
| Peers Max Drawdown | -67% | -13% | -28% | -3% | -19% | -20% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: DRI, EAT, TXRH, BLMN, CAKE. See DIN Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/22/2025 (YTD)
How Low Can It Go
| Event | DIN | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -57.1% | -25.4% |
| % Gain to Breakeven | 132.9% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -82.6% | -33.9% |
| % Gain to Breakeven | 475.5% | 51.3% |
| Time to Breakeven | 414 days | 148 days |
| 2018 Correction | ||
| % Loss | -51.6% | -19.8% |
| % Gain to Breakeven | 106.5% | 24.7% |
| Time to Breakeven | 205 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -92.0% | -56.8% |
| % Gain to Breakeven | 1157.4% | 131.3% |
| Time to Breakeven | 1,386 days | 1,480 days |
Compare to YUM, DRI, EAT, CBRL, DENN
In The Past
Dine Brands Global's stock fell -57.1% during the 2022 Inflation Shock from a high on 5/17/2021. A -57.1% loss requires a 132.9% gain to breakeven.
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AI Analysis | Feedback
- The Yum! Brands (KFC, Taco Bell) of casual and family dining.
- Like Restaurant Brands International (Burger King, Popeyes) but for sit-down casual restaurants.
AI Analysis | Feedback
```html- IHOP Restaurants: Operates and franchises full-service family dining restaurants specializing in breakfast, lunch, and dinner.
- Applebee's Neighborhood Grill + Bar Restaurants: Operates and franchises casual dining restaurants offering American cuisine for lunch and dinner.
- Virtual Restaurant Concepts: Develops and offers delivery-only food concepts, such as Frazr and Flippy's, leveraging existing restaurant infrastructure.
AI Analysis | Feedback
Dine Brands Global (symbol: DIN) operates primarily as a franchisor for its restaurant brands: Applebee's, IHOP, and Fuzzy's Taco Shop. As such, the company's direct customers are primarily other companies—its numerous independent franchisees.
However, no single franchisee or group of franchisees constitutes a "major customer" that accounts for a significant portion of Dine Brands Global's revenue (typically defined as 10% or more), nor are they publicly traded entities whose names can be listed. The company's revenue stream is derived from royalties, advertising fees, and other payments from thousands of individual franchised locations.
Therefore, to understand the "major customers" that ultimately drive Dine Brands Global's business, it is more appropriate to describe the categories of end-consumers who frequent its franchised restaurants. These individuals are the ultimate source of revenue for the franchisees, which, in turn, generate income for Dine Brands Global. Based on the target demographics of Applebee's, IHOP, and Fuzzy's Taco Shop, the key customer categories are:
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Families and Casual Diners: This broad category encompasses individuals, couples, and families (often with children) seeking accessible, comfortable, and often value-oriented dining experiences across various meal times (breakfast, lunch, dinner). This includes families visiting IHOP for breakfast, groups enjoying a casual meal at Applebee's, or friends meeting at Fuzzy's Taco Shop.
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Value-Conscious Consumers: Customers who prioritize affordability and seek good value for their money. This segment is often drawn to promotions, combo deals, and the generally moderate pricing offered across all Dine Brands Global's concepts, especially prominent at IHOP and Fuzzy's Taco Shop.
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Socializers and Convenience Seekers: This category includes individuals and groups looking for a convenient location, a relaxed social atmosphere, and a dining experience that is either quick (like Fuzzy's) or offers a comfortable environment for lingering (like Applebee's). This includes the happy hour crowd at Applebee's, people seeking all-day breakfast convenience at IHOP, or those looking for a lively, informal spot at Fuzzy's Taco Shop.
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John Peyton Chief Executive Officer
John Peyton joined Dine Brands Global as Chief Executive Officer in January 2021. Prior to this, he served as President and CEO of Realogy Franchise Group LLC (now Anywhere), where he managed a portfolio of real estate franchise brands including Better Homes and Gardens Real Estate, CENTURY 21, Coldwell Banker, Corcoran Group, ERA, and Sotheby's International Realty. Before Realogy, Mr. Peyton spent 17 years at Starwood Hotels and Resorts Worldwide, holding various senior executive roles such as Chief Marketing Officer, Senior Vice President of Global Operations, and Chief Operating Officer for the North America Hotel Division. He was responsible for the Global and North American Food and Beverage teams at Starwood. Earlier in his career, he spent 10 years with PricewaterhouseCoopers in both accounting and management consulting practices.
Vance Chang Chief Financial Officer
Vance Chang has been the Chief Financial Officer of Dine Brands Global since June 2021. Before joining Dine Brands, he served as Chief Financial Officer for Exer Urgent Care and previously as CFO at YOGAWORKS. Mr. Chang has also held positions at Pressed Juicery, Moelis & Company, Oracle, and Deloitte & Touche.
Douglas M. Pasquale Chairman
Douglas M. Pasquale has served as the Chairman of Dine Brands Global since June 2025. His previous roles include serving as Chairman, President, and Chief Executive Officer of Nationwide Health Properties. He also held the position of Executive Vice President and Chief Operating Officer of Nationwide Health Properties. Mr. Pasquale currently serves on the boards of directors for Alexander & Baldwin, Inc., Terreno Realty Corporation, and Sunstone Hotel Investors, Inc.
Justin Skelton Chief Information Officer and Senior Vice President
Justin Skelton has been the Chief Information Officer and Senior Vice President of Dine Brands Global since 2020. Prior to this role, he served as Acting Chief Information Officer and Vice President, IT Infrastructure and Operations within the company. Before joining Dine Brands, Mr. Skelton was Vice President, Infrastructure, Support, and Operations at CVS Health. He also held several leadership positions at Bank of America, including Senior Vice President and Chief Information Officer within the Insurance Services division, and Chief Technology Officer for the home loans and insurance division.
AI Analysis | Feedback
The key risks to Dine Brands Global (DIN) revolve primarily around its substantial debt load, volatile free cash flow, and mixed performance within its core restaurant brands amid a challenging consumer environment.
- Financial Leverage and Debt: Dine Brands Global carries a significant debt burden, amounting to approximately $1.64 billion USD as of June 2025. A large portion of its operating cash flow is allocated to servicing this debt, rather than being reinvested for growth. The company's capital structure is deeply leveraged, evidenced by a negative Debt-to-Equity ratio as of September 30, 2025. Recent refinancing activities, such as the issuance of Series 2025-1 6.720% Fixed Rate Senior Secured Notes, indicate higher interest costs, further straining the company's finances. This high level of indebtedness presents a critical challenge to the company's financial stability and operational flexibility.
- Free Cash Flow Volatility and Dividend Sustainability: The company has demonstrated an inability to consistently generate free cash flow (FCF) above $100 million, which poses a risk to the sustainability of its dividend payouts. FCF has been unstable, significantly declining in 2022 and remaining below its 2021 peak. Inconsistent operating cash flow and fluctuating capital expenditures contribute to this volatility. While Dine Brands has maintained a dividend, its historical FCF instability raises concerns that payouts could be at risk during an economic downturn if FCF does not expand.
- Mixed Brand Performance and Challenging Consumer Environment: Dine Brands Global faces headwinds from the inconsistent performance of its core restaurant brands, particularly IHOP, which has seen comparable store sales fall below expectations. While Applebee's has shown stronger performance, this divergence highlights underlying challenges within the portfolio. The company operates in a casual dining sector marked by persistent consumer price sensitivity, rising operating costs, and overall pressure on profitability. This economic sensitivity means that both Applebee's and IHOP are vulnerable in a slowing economy where consumers prioritize affordability. Strategic initiatives aimed at driving traffic and reversing declining sales trends have not consistently yielded meaningful turnarounds, further impacted by broader industry challenges such as labor costs, supply chain issues, and the need for digital innovation.
AI Analysis | Feedback
The proliferation of ghost kitchens and virtual restaurant brands optimized for delivery represents a clear emerging threat. These operations, which often have significantly lower overhead costs due to the absence of traditional dine-in spaces and front-of-house staff, can offer competitive pricing and greater efficiency in serving the rapidly growing at-home dining market. This model directly competes for delivery and takeout revenue, effectively siphoning market share from traditional, dine-in focused establishments like Applebee's and IHOP without bearing the same operational burdens of maintaining physical dining rooms and associated staffing.
AI Analysis | Feedback
Dine Brands Global (symbol: DIN) operates primarily in the casual dining, family dining, and fast-casual dining segments of the restaurant industry through its brands Applebee's, IHOP, and Fuzzy's Taco Shop, respectively.
Addressable Market Sizes for Dine Brands Global's Main Products or Services:
Casual Dining (Applebee's):
- The global casual dining market size was valued at USD 333.02 billion in 2025 and is expected to reach USD 575.5 billion by 2035.
- North America accounts for 28% of the global casual dining market share.
- The casual dining segment is identified as the largest and fastest-growing segment within the U.S. full-service restaurant market.
Family Dining (IHOP):
- The global full-service restaurant segment, which includes family dining, is projected to grow from USD 1.65 trillion in 2025 to USD 1.97 trillion by 2032.
- The U.S. full-service restaurants market was valued at USD 324.90 billion in 2023 and is projected to reach USD 554.12 billion by 2032.
- The family dining segment within the global full-service restaurant market is anticipated to grow steadily in the coming years.
Fast-Casual Dining (Fuzzy's Taco Shop):
- The global fast-casual restaurant market size was valued at USD 209.77 billion in 2024 and is estimated to reach USD 451.04 billion by 2031.
- Another estimate places the global fast-casual restaurant market at USD 179.19 billion in 2024, projected to grow to USD 318.52 billion by 2033.
- The North American fast-casual restaurant market was valued at USD 63.48 billion in 2023, representing 33.32% of the global market share.
- The U.S. fast-casual restaurant market size reached approximately USD 45.58 billion in 2024. It is forecasted to grow by USD 84.5 billion from 2024 to 2029.
AI Analysis | Feedback
Dine Brands Global (NYSE: DIN) is anticipated to drive future revenue growth over the next 2-3 years through several strategic initiatives focused on expansion, menu innovation, and enhancing the guest experience.
Here are 3-5 expected drivers of future revenue growth:
- Expansion of Dual-Brand Locations and Strategic Acquisitions: Dine Brands Global is actively pursuing the expansion of its dual-brand restaurant concept, with plans for approximately 30 locations opened or under construction by the end of 2025 and an additional 50 openings targeted for 2026. This strategy is generating significant enthusiasm among franchisees and is seen as a key growth driver. Additionally, the company has engaged in strategic acquisitions of company-owned Applebee's and IHOP restaurants, contributing to increased company restaurant sales. For instance, in 2025, the company acquired 10 IHOP and 12 Applebee's restaurants. This approach aims to grow the portfolio and enhance operational efficiency.
- Menu Innovation, Value Offerings, and Price Optimization: The company is focused on introducing innovative new menu offerings and leveraging everyday value platforms and limited-time offers to attract and retain customers. These efforts are designed to appeal to cost-sensitive consumers and improve traffic. Furthermore, Dine Brands plans for normalized menu pricing in the low single digits, indicating a strategic approach to pricing that balances value and profitability.
- Restaurant Remodeling, Enhanced Guest Experience, and Off-Premise Growth: Dine Brands is investing in remodeling its existing restaurants, which has demonstrated positive results, leading to traffic-driven sales growth. Coupled with these physical enhancements, the company is prioritizing digital engagement and high-impact marketing strategies to resonate with guests and improve the overall guest experience. The growth in off-premise sales, including to-go and delivery, is also a significant contributor, with Applebee's seeing a 9% lift in off-premise comparable sales in Q3 2025. Continuous investment in technology and loyalty programs further supports this driver.
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Share Repurchases
- Dine Brands Global committed to repurchase $50 million of shares over the next two quarters, as announced in November 2025.
- During the third quarter of 2025, the company repurchased approximately $22.5 million of its common stock.
- Between April 1, 2025, and June 30, 2025, Dine Brands Global repurchased 244,909 shares for $5.97 million, contributing to a total of $124.28 million (2,175,177 shares) repurchased under a program announced in 2022.
Outbound Investments
- In March 2025, Dine Brands Global acquired 10 IHOP restaurants in Ohio and Kentucky, followed by the acquisition of 12 Applebee's restaurants across Kentucky, Indiana, Arkansas, and Oklahoma in May 2025.
- The company's acquisition of 47 Applebee's restaurants in the fourth quarter of 2024 significantly contributed to increased company-owned restaurant sales.
- Dine Brands acquired Fuzzy's Taco Shop on December 2, 2022.
Capital Expenditures
- Dine Brands Global's capital expenditure guidance for 2025 was increased to a range of $30 million to $40 million.
- Capital expenditures through the third quarter of 2025 amounted to $21.3 million, an increase from $10.3 million in the same period of 2024, primarily due to investments in company-owned restaurants.
- The company plans to remodel over 100 Applebee's restaurants, aiming for two-thirds of the portfolio to be completed by the end of 2027, with a focus on improving company operations, remodeling incentives, and dual-brand initiatives.
Latest Trefis Analyses
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Trade Ideas
Select ideas related to DIN. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
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| 11302025 | BBWI | Bath & Body Works | Dip Buy | DB | Insider Buys | Low D/EDip Buy with Strong Insider BuyingBuying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 10.7% | 10.7% | 0.0% |
| 11262025 | HRB | H&R Block | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.9% | 3.9% | -0.1% |
| 11262025 | LRN | Stride | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.8% | 3.8% | -4.4% |
| 11212025 | ABNB | Airbnb | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 19.9% | 19.9% | 0.0% |
| 11212025 | MTN | Vail Resorts | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 7.5% | 7.5% | -1.6% |
Research & Analysis
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Peer Comparisons for Dine Brands Global
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 101.64 |
| Mkt Cap | 4.6 |
| Rev LTM | 4,774 |
| Op Inc LTM | 383 |
| FCF LTM | 249 |
| FCF 3Y Avg | 188 |
| CFO LTM | 529 |
| CFO 3Y Avg | 412 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 8.0% |
| Rev Chg 3Y Avg | 6.7% |
| Rev Chg Q | 10.6% |
| QoQ Delta Rev Chg LTM | 2.4% |
| Op Mgn LTM | 9.9% |
| Op Mgn 3Y Avg | 8.1% |
| QoQ Delta Op Mgn LTM | -0.2% |
| CFO/Rev LTM | 13.0% |
| CFO/Rev 3Y Avg | 11.2% |
| FCF/Rev LTM | 7.1% |
| FCF/Rev 3Y Avg | 5.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 4.6 |
| P/S | 0.9 |
| P/EBIT | 12.4 |
| P/E | 15.2 |
| P/CFO | 8.4 |
| Total Yield | 7.3% |
| Dividend Yield | 2.6% |
| FCF Yield 3Y Avg | 6.2% |
| D/E | 0.6 |
| Net D/E | 0.5 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 10.1% |
| 3M Rtn | 6.0% |
| 6M Rtn | -12.7% |
| 12M Rtn | 7.1% |
| 3Y Rtn | 63.5% |
| 1M Excs Rtn | 11.0% |
| 3M Excs Rtn | 2.3% |
| 6M Excs Rtn | -25.2% |
| 12M Excs Rtn | -1.8% |
| 3Y Excs Rtn | -19.2% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Franchise | 706 | 662 | 632 | 469 | 651 |
| Rental | 120 | 116 | 114 | 106 | 121 |
| Financing | 3 | 4 | 4 | 6 | 7 |
| Company Restaurants | 2 | 127 | 146 | 108 | 131 |
| Total | 831 | 909 | 896 | 689 | 910 |
| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Franchise | 232 | ||||
| Rental | 32 | ||||
| Financing | 2 | ||||
| Loss on disposition of assets | 1 | ||||
| Company Restaurants | -0 | ||||
| Stock based compensation (unallocated) | -10 | ||||
| Amortization of intangible assets | -11 | ||||
| Depreciation and amortization (unallocated) | -13 | ||||
| Other General & Administrative (G&A) expenses (unallocated) | -46 | ||||
| Total | 188 |
Price Behavior
| Market Price | $33.52 | |
| Market Cap ($ Bil) | 0.5 | |
| First Trading Date | 07/12/1991 | |
| Distance from 52W High | -3.4% | |
| 50 Days | 200 Days | |
| DMA Price | $28.95 | $24.48 |
| DMA Trend | up | up |
| Distance from DMA | 15.8% | 36.9% |
| 3M | 1YR | |
| Volatility | 48.0% | 49.1% |
| Downside Capture | -0.24 | 97.04 |
| Upside Capture | 175.38 | 97.79 |
| Correlation (SPY) | 28.2% | 41.5% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.27 | 1.26 | 1.20 | 1.07 | 1.06 | 1.02 |
| Up Beta | 2.03 | 1.39 | 1.95 | 1.35 | 1.19 | 1.34 |
| Down Beta | -1.45 | 1.84 | 1.77 | 1.78 | 0.98 | 0.93 |
| Up Capture | 411% | 197% | 153% | 97% | 82% | 30% |
| Bmk +ve Days | 12 | 25 | 38 | 73 | 141 | 426 |
| Stock +ve Days | 10 | 20 | 33 | 64 | 116 | 353 |
| Down Capture | 15% | 34% | 12% | 39% | 105% | 102% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 9 | 21 | 28 | 59 | 130 | 392 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of DIN With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| DIN | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 17.2% | 3.1% | 14.7% | 67.3% | 6.8% | -0.5% | -16.6% |
| Annualized Volatility | 49.1% | 24.7% | 19.7% | 19.3% | 15.2% | 17.6% | 35.4% |
| Sharpe Ratio | 0.48 | 0.07 | 0.57 | 2.54 | 0.23 | -0.18 | -0.25 |
| Correlation With Other Assets | 47.4% | 41.8% | -1.6% | 19.0% | 45.8% | 26.4% | |
ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Comparison of DIN With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| DIN | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -9.0% | 10.2% | 15.0% | 18.9% | 11.8% | 5.1% | 35.8% |
| Annualized Volatility | 44.2% | 23.8% | 17.1% | 15.5% | 18.7% | 18.9% | 48.9% |
| Sharpe Ratio | -0.07 | 0.39 | 0.71 | 0.98 | 0.51 | 0.18 | 0.63 |
| Correlation With Other Assets | 46.7% | 42.6% | 3.7% | 8.9% | 38.9% | 20.6% | |
ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of DIN With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| DIN | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | -4.8% | 13.3% | 14.9% | 14.9% | 6.7% | 5.5% | 69.9% |
| Annualized Volatility | 54.1% | 22.0% | 18.0% | 14.8% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.14 | 0.56 | 0.71 | 0.84 | 0.30 | 0.23 | 0.90 |
| Correlation With Other Assets | 50.3% | 49.5% | 2.8% | 17.7% | 50.9% | 15.3% | |
ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/5/2025 | 3.5% | 3.5% | 35.7% |
| 8/6/2025 | -6.4% | -3.3% | 6.8% |
| 3/5/2025 | 3.4% | 9.8% | 3.6% |
| 11/6/2024 | 15.5% | 8.2% | 6.6% |
| 8/7/2024 | -4.6% | -2.9% | -4.5% |
| 5/8/2024 | -0.0% | 3.3% | -10.4% |
| 2/28/2024 | 0.7% | 7.6% | 1.1% |
| 11/1/2023 | -9.9% | -11.5% | -11.8% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 11 | 10 |
| # Negative | 11 | 8 | 9 |
| Median Positive | 3.5% | 5.1% | 8.1% |
| Median Negative | -3.3% | -7.5% | -10.0% |
| Max Positive | 15.5% | 9.8% | 35.7% |
| Max Negative | -9.9% | -15.8% | -79.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 9302025 | 11052025 | 10-Q 9/30/2025 |
| 6302025 | 8062025 | 10-Q 6/30/2025 |
| 3312025 | 5072025 | 10-Q 3/31/2025 |
| 12312024 | 3052025 | 10-K 12/31/2024 |
| 9302024 | 11062024 | 10-Q 9/30/2024 |
| 6302024 | 8072024 | 10-Q 6/30/2024 |
| 3312024 | 5082024 | 10-Q 3/31/2024 |
| 12312023 | 2282024 | 10-K 12/31/2023 |
| 9302023 | 11012023 | 10-Q 9/30/2023 |
| 6302023 | 8032023 | 10-Q 6/30/2023 |
| 3312023 | 5032023 | 10-Q 3/31/2023 |
| 12312022 | 3012023 | 10-K 12/31/2022 |
| 9302022 | 11022022 | 10-Q 9/30/2022 |
| 6302022 | 8092022 | 10-Q 6/30/2022 |
| 3312022 | 5042022 | 10-Q 3/31/2022 |
| 12312021 | 3022022 | 10-K 12/31/2021 |
Insider Activity
Expand for More| Owner | Title | Filing Date | Action | Price | Shares | TransactedValue | Value ofHeld Shares | Form | |
|---|---|---|---|---|---|---|---|---|---|
| 0 | DAHL RICHARD J | 11242025 | Buy | 27.47 | 3,600 | 98,887 | 98,887 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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