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

DENNY'S Corp is the larger business by last-quarter revenue ($113.2M vs $77.7M, roughly 1.5× Prairie Operating Co.). Prairie Operating Co. runs the higher net margin — 1.7% vs 0.6%, a 1.1% gap on every dollar of revenue. Over the past eight quarters, Prairie Operating Co.'s revenue compounded faster (9784.4% 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.

Prairie Farms Dairy is a dairy cooperative founded in Carlinville, Illinois, and now headquartered in Edwardsville, Illinois. As a dairy cooperative, Prairie Farms receives milk from producers and converts it into many different products, including cheese, butter, ice cream, sour cream, cottage cheese, various dips, yogurt, and fluid milk. Prairie Farms also produces and sells juices, flavored drinks, and pre-made iced tea.

DENN vs PROP — Head-to-Head

Bigger by revenue
DENN
DENN
1.5× larger
DENN
$113.2M
$77.7M
PROP
Higher net margin
PROP
PROP
1.1% more per $
PROP
1.7%
0.6%
DENN
Faster 2-yr revenue CAGR
PROP
PROP
Annualised
PROP
9784.4%
-0.9%
DENN

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
DENN
DENN
PROP
PROP
Revenue
$113.2M
$77.7M
Net Profit
$632.0K
$1.3M
Gross Margin
Operating Margin
9.2%
34.8%
Net Margin
0.6%
1.7%
Revenue YoY
1.3%
Net Profit YoY
-90.3%
111.3%
EPS (diluted)
$0.01
$-0.44

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
PROP
PROP
Q3 25
$113.2M
$77.7M
Q2 25
$117.7M
$68.1M
Q1 25
$111.6M
$13.6M
Q4 24
$114.7M
Q3 24
$111.8M
$0
Q2 24
$115.9M
Q1 24
$110.0M
Q4 23
$115.4M
Net Profit
DENN
DENN
PROP
PROP
Q3 25
$632.0K
$1.3M
Q2 25
$2.5M
$35.7M
Q1 25
$326.0K
$-2.6M
Q4 24
$6.8M
Q3 24
$6.5M
$-11.4M
Q2 24
$3.6M
Q1 24
$4.7M
Q4 23
$2.9M
Operating Margin
DENN
DENN
PROP
PROP
Q3 25
9.2%
34.8%
Q2 25
7.3%
27.8%
Q1 25
4.7%
12.9%
Q4 24
12.6%
Q3 24
10.5%
Q2 24
7.9%
Q1 24
9.1%
Q4 23
6.7%
Net Margin
DENN
DENN
PROP
PROP
Q3 25
0.6%
1.7%
Q2 25
2.1%
52.4%
Q1 25
0.3%
-19.3%
Q4 24
5.9%
Q3 24
5.8%
Q2 24
3.1%
Q1 24
4.3%
Q4 23
2.5%
EPS (diluted)
DENN
DENN
PROP
PROP
Q3 25
$0.01
$-0.44
Q2 25
$0.05
$0.18
Q1 25
$0.01
$-3.49
Q4 24
$0.13
Q3 24
$0.12
$-0.68
Q2 24
$0.07
Q1 24
$0.09
Q4 23
$0.05

Balance Sheet & Financial Strength

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

Metric
DENN
DENN
PROP
PROP
Cash + ST InvestmentsLiquidity on hand
$10.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$-32.7M
$101.8M
Total Assets
$502.9M
$939.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DENN
DENN
PROP
PROP
Q3 25
$10.6M
Q2 25
$10.7M
Q1 25
$1.1M
$15.0M
Q4 24
$100.0K
Q3 24
$2.9M
$40.1M
Q2 24
$2.8M
Q1 24
$2.8M
Q4 23
$100.0K
Total Debt
DENN
DENN
PROP
PROP
Q3 25
Q2 25
$387.0M
Q1 25
$377.0M
Q4 24
$270.6M
Q3 24
Q2 24
Q1 24
Q4 23
$264.6M
Stockholders' Equity
DENN
DENN
PROP
PROP
Q3 25
$-32.7M
$101.8M
Q2 25
$-34.6M
$94.2M
Q1 25
$-36.4M
$34.0M
Q4 24
$-34.0M
Q3 24
$-54.5M
$61.3M
Q2 24
$-53.2M
Q1 24
$-55.7M
Q4 23
$-62.7M
Total Assets
DENN
DENN
PROP
PROP
Q3 25
$502.9M
$939.8M
Q2 25
$491.1M
$858.5M
Q1 25
$488.1M
$775.4M
Q4 24
$496.3M
Q3 24
$461.6M
$107.2M
Q2 24
$459.9M
Q1 24
$460.4M
Q4 23
$464.8M
Debt / Equity
DENN
DENN
PROP
PROP
Q3 25
Q2 25
4.11×
Q1 25
11.07×
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23

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
PROP
PROP
Operating Cash FlowLast quarter
$16.0M
$57.7M
Free Cash FlowOCF − Capex
$16.0M
FCF MarginFCF / Revenue
14.1%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
25.28×
44.80×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DENN
DENN
PROP
PROP
Q3 25
$16.0M
$57.7M
Q2 25
$9.4M
$-7.2M
Q1 25
$5.0M
$16.9M
Q4 24
$8.5M
Q3 24
$6.6M
$2.8M
Q2 24
$14.2M
Q1 24
$215.0K
Q4 23
$21.4M
Free Cash Flow
DENN
DENN
PROP
PROP
Q3 25
$16.0M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
FCF Margin
DENN
DENN
PROP
PROP
Q3 25
14.1%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
Capex Intensity
DENN
DENN
PROP
PROP
Q3 25
0.0%
Q2 25
Q1 25
Q4 24
Q3 24
0.0%
Q2 24
Q1 24
Q4 23
Cash Conversion
DENN
DENN
PROP
PROP
Q3 25
25.28×
44.80×
Q2 25
3.79×
-0.20×
Q1 25
15.38×
Q4 24
1.26×
Q3 24
1.01×
Q2 24
3.97×
Q1 24
0.05×
Q4 23
7.36×

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%

PROP
PROP

Crude Oil Sales$64.9M84%
Natural Gas Sales$7.6M10%
Natural Gas Liquids Reserves$5.2M7%

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