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Side-by-side financial comparison of DENNY'S Corp (DENN) and EPR PROPERTIES (EPR). Click either name above to swap in a different company.

EPR PROPERTIES is the larger business by last-quarter revenue ($182.9M vs $113.2M, roughly 1.6× DENNY'S Corp). EPR PROPERTIES runs the higher net margin — 36.6% vs 0.6%, a 36.0% gap on every dollar of revenue. On growth, EPR PROPERTIES posted the faster year-over-year revenue change (3.2% vs 1.3%). EPR PROPERTIES produced more free cash flow last quarter ($269.2M vs $16.0M). Over the past eight quarters, EPR PROPERTIES's revenue compounded faster (4.6% CAGR vs -0.9%).

Denny's is an American table service diner-style restaurant chain. It operates over 1,400 restaurants in the United States, Canada, México, Puerto Rico, and several other international locations.

EPR Properties, formerly Entertainment Properties Trust, is a real estate investment trust based in Kansas City, Missouri, that invests in amusement parks, movie theaters, ski resorts, and other entertainment properties. It owns 353 properties as of 2022.

DENN vs EPR — Head-to-Head

Bigger by revenue
EPR
EPR
1.6× larger
EPR
$182.9M
$113.2M
DENN
Growing faster (revenue YoY)
EPR
EPR
+1.9% gap
EPR
3.2%
1.3%
DENN
Higher net margin
EPR
EPR
36.0% more per $
EPR
36.6%
0.6%
DENN
More free cash flow
EPR
EPR
$253.3M more FCF
EPR
$269.2M
$16.0M
DENN
Faster 2-yr revenue CAGR
EPR
EPR
Annualised
EPR
4.6%
-0.9%
DENN

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
DENN
DENN
EPR
EPR
Revenue
$113.2M
$182.9M
Net Profit
$632.0K
$66.9M
Gross Margin
Operating Margin
9.2%
56.8%
Net Margin
0.6%
36.6%
Revenue YoY
1.3%
3.2%
Net Profit YoY
-90.3%
897.0%
EPS (diluted)
$0.01
$0.80

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DENN
DENN
EPR
EPR
Q4 25
$182.9M
Q3 25
$113.2M
$182.3M
Q2 25
$117.7M
$178.1M
Q1 25
$111.6M
$175.0M
Q4 24
$114.7M
$177.2M
Q3 24
$111.8M
$180.5M
Q2 24
$115.9M
$173.1M
Q1 24
$110.0M
$167.2M
Net Profit
DENN
DENN
EPR
EPR
Q4 25
$66.9M
Q3 25
$632.0K
$66.6M
Q2 25
$2.5M
$75.6M
Q1 25
$326.0K
$65.8M
Q4 24
$6.8M
$-8.4M
Q3 24
$6.5M
$46.6M
Q2 24
$3.6M
$45.1M
Q1 24
$4.7M
$62.7M
Operating Margin
DENN
DENN
EPR
EPR
Q4 25
56.8%
Q3 25
9.2%
53.5%
Q2 25
7.3%
62.5%
Q1 25
4.7%
58.1%
Q4 24
12.6%
25.5%
Q3 24
10.5%
51.4%
Q2 24
7.9%
45.9%
Q1 24
9.1%
58.8%
Net Margin
DENN
DENN
EPR
EPR
Q4 25
36.6%
Q3 25
0.6%
36.5%
Q2 25
2.1%
42.5%
Q1 25
0.3%
37.6%
Q4 24
5.9%
-4.7%
Q3 24
5.8%
25.8%
Q2 24
3.1%
26.1%
Q1 24
4.3%
37.5%
EPS (diluted)
DENN
DENN
EPR
EPR
Q4 25
$0.80
Q3 25
$0.01
$0.79
Q2 25
$0.05
$0.91
Q1 25
$0.01
$0.78
Q4 24
$0.13
$-0.19
Q3 24
$0.12
$0.53
Q2 24
$0.07
$0.51
Q1 24
$0.09
$0.75

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DENN
DENN
EPR
EPR
Cash + ST InvestmentsLiquidity on hand
$90.6M
Total DebtLower is stronger
$2.9B
Stockholders' EquityBook value
$-32.7M
$2.3B
Total Assets
$502.9M
$5.7B
Debt / EquityLower = less leverage
1.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DENN
DENN
EPR
EPR
Q4 25
$90.6M
Q3 25
$13.7M
Q2 25
$13.0M
Q1 25
$1.1M
$20.6M
Q4 24
$100.0K
$22.1M
Q3 24
$2.9M
$35.3M
Q2 24
$2.8M
$33.7M
Q1 24
$2.8M
$59.5M
Total Debt
DENN
DENN
EPR
EPR
Q4 25
$2.9B
Q3 25
$2.8B
Q2 25
$2.8B
Q1 25
$2.8B
Q4 24
$270.6M
$2.9B
Q3 24
$2.9B
Q2 24
$2.8B
Q1 24
$2.8B
Stockholders' Equity
DENN
DENN
EPR
EPR
Q4 25
$2.3B
Q3 25
$-32.7M
$2.3B
Q2 25
$-34.6M
$2.3B
Q1 25
$-36.4M
$2.3B
Q4 24
$-34.0M
$2.3B
Q3 24
$-54.5M
$2.4B
Q2 24
$-53.2M
$2.4B
Q1 24
$-55.7M
$2.4B
Total Assets
DENN
DENN
EPR
EPR
Q4 25
$5.7B
Q3 25
$502.9M
$5.5B
Q2 25
$491.1M
$5.6B
Q1 25
$488.1M
$5.5B
Q4 24
$496.3M
$5.6B
Q3 24
$461.6M
$5.7B
Q2 24
$459.9M
$5.6B
Q1 24
$460.4M
$5.7B
Debt / Equity
DENN
DENN
EPR
EPR
Q4 25
1.26×
Q3 25
1.19×
Q2 25
1.20×
Q1 25
1.20×
Q4 24
1.23×
Q3 24
1.19×
Q2 24
1.16×
Q1 24
1.15×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DENN
DENN
EPR
EPR
Operating Cash FlowLast quarter
$16.0M
$421.0M
Free Cash FlowOCF − Capex
$16.0M
$269.2M
FCF MarginFCF / Revenue
14.1%
147.1%
Capex IntensityCapex / Revenue
0.0%
82.9%
Cash ConversionOCF / Net Profit
25.28×
6.29×
TTM Free Cash FlowTrailing 4 quarters
$568.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DENN
DENN
EPR
EPR
Q4 25
$421.0M
Q3 25
$16.0M
$136.5M
Q2 25
$9.4M
$87.3M
Q1 25
$5.0M
$99.4M
Q4 24
$8.5M
$393.1M
Q3 24
$6.6M
$122.0M
Q2 24
$14.2M
$78.7M
Q1 24
$215.0K
$99.5M
Free Cash Flow
DENN
DENN
EPR
EPR
Q4 25
$269.2M
Q3 25
$16.0M
$132.1M
Q2 25
$82.4M
Q1 25
$84.7M
Q4 24
$129.2M
Q3 24
$121.5M
Q2 24
$71.3M
Q1 24
$65.0M
FCF Margin
DENN
DENN
EPR
EPR
Q4 25
147.1%
Q3 25
14.1%
72.5%
Q2 25
46.3%
Q1 25
48.4%
Q4 24
72.9%
Q3 24
67.3%
Q2 24
41.2%
Q1 24
38.9%
Capex Intensity
DENN
DENN
EPR
EPR
Q4 25
82.9%
Q3 25
0.0%
2.4%
Q2 25
2.7%
Q1 25
8.4%
Q4 24
148.9%
Q3 24
0.0%
0.3%
Q2 24
4.2%
Q1 24
20.6%
Cash Conversion
DENN
DENN
EPR
EPR
Q4 25
6.29×
Q3 25
25.28×
2.05×
Q2 25
3.79×
1.15×
Q1 25
15.38×
1.51×
Q4 24
1.26×
Q3 24
1.01×
2.62×
Q2 24
3.97×
1.74×
Q1 24
0.05×
1.59×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DENN
DENN

Franchisor Owned Outlet$57.4M51%
Royalty$27.7M25%
Advertising$18.6M16%
Occupancy$7.7M7%
Initial And Other Fees$1.7M1%

EPR
EPR

Experiential Reportable Operating Segment$173.3M95%
Education Reportable Operating Segment$9.5M5%

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