Dine Brands Global, Inc. (DIN) AI Stock Analysis

NYSE: DINAI research summary: business, growth, valuation, analysts, bull and bear case.

DIN AI stock analysis summary

AI Research

Dine Brands Global, Inc. operates and franchises casual and family dining restaurants, primarily through Applebee's and IHOP. While revenue grew 8.2% in FY2025 to $879.3M, net income declined significantly to $17.1M. The company maintains negative shareholders' equity of -$292.0M alongside total debt of $1.69B.

Market cap
$405.3M
Revenue (TTM)
$899.9M
P/E
52.5x
fwd 6.2x
1Y return
16.9%
S&P 500 16.8%
Avg. target
$36.33
13.5% vs last close

Bull case

  • Forward P/E of 6.2x trades at a substantial discount to the US-listed Consumer Cyclical median of 14.1x.
  • Free cash flow reached $53.4M in FY2025, enabling $60.7M in share buybacks and a 28.8% five-year reduction in share count.
  • Analysts project next fiscal year revenue to expand 4.7% to $1.00B, alongside an 11.8% rebound in EPS to $4.81.

Bear case

  • The balance sheet carries $1.69B in total debt and negative shareholders' equity of -$292.0M as of June 30, 2026.
  • Net income dropped sharply from $64.9M in FY2024 to $17.1M in FY2025, compressing net margin to 1.9%.
  • Short interest is elevated, with short percent of float standing at 21.1%.

What Dine Brands Global does

Dine Brands Global, Inc., founded in 1958 and based in Glendale, California, operates, franchises, and rents full-service restaurant properties across the United States and internationally. Its operations are divided into five segments: Applebee's Franchise Operations, IHOP Franchise Operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations. Its core concepts are Applebee's Neighborhood Grill + Bar, serving American casual dining fare and drinks, and IHOP, offering family-friendly dining with breakfast specialties. As of December 31, 2021, the system included 1,611 franchised Applebee's restaurants and 1,751 franchised and area licensed IHOP restaurants worldwide, plus leasing and financing programs for franchisees.

Growth and profitability

Dine Brands generated revenue of $879.3M in FY2025, up 8.2% from $812.3M in FY2024, following two years of declines in FY2023 (-8.6%) and FY2024 (-2.3%). Over the five-year period from FY2020 to FY2025, revenue grew at a CAGR of 5.0%. Operating margin narrowed to 16.3% in FY2025 from 22.0% in FY2024 and 22.6% in FY2023, while net income fell to $17.1M with a 1.9% net margin. For the trailing twelve months ended June 30, 2026, revenue stood at $899.9M with a 0.8% profit margin and EPS of $0.61. In the latest quarter, revenue rose 4.4% year-over-year, while earnings fell 60.5%.

DIN income statement →

Balance sheet and cash flow

As of June 30, 2026, Dine Brands held $97.5M in cash and short-term investments against total debt of $1.69B, resulting in net debt of $1.59B. Shareholders' equity was -$292.0M, reflecting negative equity, and the current ratio was 0.86 with total assets of $1.77B. In FY2025, the company produced operating cash flow of $89.0M and free cash flow of $53.4M. Capital expenditures totaled $35.6M, while capital returns included $60.7M in share buybacks and $31.0M in dividends paid. Over five years, its share count fell 28.8%.

DIN balance sheet →

Valuation and performance

At a share price of $32.02, Dine Brands has a market capitalization of $405.3M and an enterprise value of $1.95B. The stock trades at a trailing P/E of 52.5x, well above the median of 18.0x for its US-listed Consumer Cyclical peers, but its forward P/E is 6.2x compared to the peer median of 14.1x. Its price-to-sales multiple is 0.5x, below the peer median of 0.7x, while EV/EBITDA is 13.8x against the peer median of 11.1x. Over the past year, the shares returned 16.9%, in line with the 16.8% return for the S&P 500, but they have dropped 50.5% over five years.

DIN key metrics →

DIN dividend

Dine Brands pays a quarterly dividend with an annualized forward rate of $0.76 per share, yielding 2.37%. The payout ratio stands at 17.2%, supported by 14 consecutive years of dividend payments. Over the last five years, the dividend has grown at an annualized rate of 17.7%, with the most recent ex-dividend date on September 16, 2026.

DIN dividend history →

What analysts expect

Wall Street coverage includes 6 Hold ratings, with no Buy, Strong Buy, Sell, or Strong Sell recommendations. The mean price target is $36.33, implying 13.5% upside from the last close of $32.02. For the fiscal year ending December 31, 2026, analysts estimate EPS of $4.31 (a decline of 3.2%) and revenue of $956.2M. For FY2027, consensus estimates project EPS of $4.81 on revenue of $1.00B. Dine Brands beat EPS estimates in 3 of the last 4 quarters, and its next earnings report is scheduled for November 4, 2026.

DIN forecast and price target →

Key risks and what to watch

  • Quarterly earnings fell 60.5% year-over-year in the period ended June 30, 2026, showing near-term profit volatility.
  • A current ratio of 0.86 and net debt of $1.59B indicate constrained short-term balance sheet liquidity.
  • The trailing P/E multiple of 52.5x is elevated relative to the US-listed Consumer Cyclical peer median of 18.0x due to depressed trailing EPS of $0.61.
  • The stock has lagged broader benchmarks over the long term, declining 50.5% over five years compared to an 83.0% gain for the S&P 500.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this DIN AI stock analysis

This page is an AI-written research summary of Dine Brands Global, Inc. (DIN). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: DIN income statement, DIN balance sheet, DIN key metrics, DIN analyst forecast, DIN chart. See the DIN stock overview for the latest quote and news.

DIN AI stock analysis FAQ

What brands does Dine Brands Global operate?

Dine Brands Global franchises and operates Applebee's Neighborhood Grill + Bar and IHOP (International House of Pancakes), alongside rental and financing operations.

What is Dine Brands' dividend yield and payout ratio?

Dine Brands pays an annualized forward dividend of $0.76 per share, which yields 2.37% with a payout ratio of 17.2%.

How much debt does Dine Brands have?

As of June 30, 2026, the company carried $1.69B in total debt and $97.5M in cash, resulting in net debt of $1.59B and negative shareholders' equity of -$292.0M.

What are analysts forecasting for Dine Brands' upcoming earnings?

For the fiscal year ending December 31, 2026, analysts estimate EPS of $4.31 on revenue of $956.2M. The company's next earnings release date is November 4, 2026.

More Consumer Cyclical AI stock analysis