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Side-by-side financial comparison of Dine Brands Global, Inc. (DIN) and Emerald Holding, Inc. (EEX). Click either name above to swap in a different company.
Dine Brands Global, Inc. is the larger business by last-quarter revenue ($217.6M vs $132.7M, roughly 1.6× Emerald Holding, Inc.). Dine Brands Global, Inc. runs the higher net margin — -5.6% vs -22.8%, a 17.1% gap on every dollar of revenue. On growth, Emerald Holding, Inc. posted the faster year-over-year revenue change (24.3% vs 6.3%). Emerald Holding, Inc. produced more free cash flow last quarter ($11.7M vs $-8.6M). Over the past eight quarters, Dine Brands Global, Inc.'s revenue compounded faster (2.7% CAGR vs -0.3%).
Dine Brands Global Inc. is a publicly traded food and beverage company based in Pasadena, California. Founded in 1958 as IHOP, it operates franchised and corporate owned full-service restaurants including three restaurant concepts, Applebee's Neighborhood Grill & Bar, International House of Pancakes (IHOP), and Fuzzy's Taco Shop.
TVS Emerald Haven Realty Limited is an Indian real estate development company headquartered in Chennai, Tamil Nadu. A subsidiary of TVS Holdings, it specializes in sustainable residential communities and urban development projects.
DIN vs EEX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $217.6M | $132.7M |
| Net Profit | $-12.2M | $-30.2M |
| Gross Margin | 42.4% | — |
| Operating Margin | -7.6% | -11.8% |
| Net Margin | -5.6% | -22.8% |
| Revenue YoY | 6.3% | 24.3% |
| Net Profit YoY | -336.1% | -692.2% |
| EPS (diluted) | $-0.79 | $-0.15 |
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.
| Q4 25 | $217.6M | $132.7M | ||
| Q3 25 | $216.2M | $77.5M | ||
| Q2 25 | $230.8M | $105.5M | ||
| Q1 25 | $214.8M | $147.7M | ||
| Q4 24 | $204.8M | $106.8M | ||
| Q3 24 | $195.0M | $72.6M | ||
| Q2 24 | $206.3M | $86.0M | ||
| Q1 24 | $206.2M | $133.4M |
| Q4 25 | $-12.2M | $-30.2M | ||
| Q3 25 | $7.3M | $-14.4M | ||
| Q2 25 | $13.8M | $-1.4M | ||
| Q1 25 | $8.2M | $15.3M | ||
| Q4 24 | $5.2M | $5.1M | ||
| Q3 24 | $19.1M | $-11.1M | ||
| Q2 24 | $23.2M | $-2.8M | ||
| Q1 24 | $17.5M | $11.0M |
| Q4 25 | 42.4% | — | ||
| Q3 25 | 39.1% | — | ||
| Q2 25 | 40.0% | — | ||
| Q1 25 | 42.0% | — | ||
| Q4 24 | 41.7% | — | ||
| Q3 24 | 47.8% | — | ||
| Q2 24 | 48.1% | — | ||
| Q1 24 | 47.2% | — |
| Q4 25 | -7.6% | -11.8% | ||
| Q3 25 | 4.7% | -10.1% | ||
| Q2 25 | 8.2% | 9.7% | ||
| Q1 25 | 6.0% | 24.2% | ||
| Q4 24 | 3.8% | 19.5% | ||
| Q3 24 | 13.6% | -6.5% | ||
| Q2 24 | 15.1% | 7.4% | ||
| Q1 24 | 11.7% | 18.2% |
| Q4 25 | -5.6% | -22.8% | ||
| Q3 25 | 3.4% | -18.6% | ||
| Q2 25 | 6.0% | -1.3% | ||
| Q1 25 | 3.8% | 10.4% | ||
| Q4 24 | 2.5% | 4.8% | ||
| Q3 24 | 9.8% | -15.3% | ||
| Q2 24 | 11.2% | -3.3% | ||
| Q1 24 | 8.5% | 8.2% |
| Q4 25 | $-0.79 | $-0.15 | ||
| Q3 25 | $0.48 | $-0.07 | ||
| Q2 25 | $0.89 | $-0.01 | ||
| Q1 25 | $0.53 | $0.08 | ||
| Q4 24 | $0.35 | $0.01 | ||
| Q3 24 | $1.24 | $-0.05 | ||
| Q2 24 | $1.50 | $-0.03 | ||
| Q1 24 | $1.13 | $0.00 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $128.2M | $100.9M |
| Total DebtLower is stronger | $1.2B | — |
| Stockholders' EquityBook value | $-273.9M | $338.8M |
| Total Assets | $1.7B | $1.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $128.2M | $100.9M | ||
| Q3 25 | $167.9M | $95.4M | ||
| Q2 25 | $194.2M | $156.4M | ||
| Q1 25 | $186.5M | $276.8M | ||
| Q4 24 | $186.7M | $194.8M | ||
| Q3 24 | $169.6M | $188.9M | ||
| Q2 24 | $153.5M | $193.2M | ||
| Q1 24 | $145.0M | $186.8M |
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — |
| Q4 25 | $-273.9M | $338.8M | ||
| Q3 25 | $-231.9M | $369.5M | ||
| Q2 25 | $-212.5M | $389.4M | ||
| Q1 25 | $-215.7M | $392.1M | ||
| Q4 24 | $-216.0M | $385.9M | ||
| Q3 24 | $-216.7M | $391.1M | ||
| Q2 24 | $-231.7M | $407.6M | ||
| Q1 24 | $-244.8M | $-90.7M |
| Q4 25 | $1.7B | $1.2B | ||
| Q3 25 | $1.8B | $1.2B | ||
| Q2 25 | $1.8B | $1.2B | ||
| Q1 25 | $1.8B | $1.2B | ||
| Q4 24 | $1.8B | $1.0B | ||
| Q3 24 | $1.7B | $1.1B | ||
| Q2 24 | $1.7B | $1.1B | ||
| Q1 24 | $1.7B | $1.1B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $5.7M | $12.3M |
| Free Cash FlowOCF − Capex | $-8.6M | $11.7M |
| FCF MarginFCF / Revenue | -3.9% | 8.8% |
| Capex IntensityCapex / Revenue | 6.6% | 0.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $53.4M | $41.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.7M | $12.3M | ||
| Q3 25 | $30.2M | $1.8M | ||
| Q2 25 | $37.0M | $15.9M | ||
| Q1 25 | $16.1M | $12.6M | ||
| Q4 24 | $30.5M | $20.6M | ||
| Q3 24 | $25.5M | $9.1M | ||
| Q2 24 | $21.6M | $9.8M | ||
| Q1 24 | $30.6M | $7.3M |
| Q4 25 | $-8.6M | $11.7M | ||
| Q3 25 | $18.1M | $1.5M | ||
| Q2 25 | $31.0M | $15.8M | ||
| Q1 25 | $12.8M | $12.4M | ||
| Q4 24 | $26.7M | $19.9M | ||
| Q3 24 | $22.0M | $9.0M | ||
| Q2 24 | $18.2M | $9.6M | ||
| Q1 24 | $27.2M | $7.0M |
| Q4 25 | -3.9% | 8.8% | ||
| Q3 25 | 8.4% | 1.9% | ||
| Q2 25 | 13.4% | 15.0% | ||
| Q1 25 | 6.0% | 8.4% | ||
| Q4 24 | 13.0% | 18.6% | ||
| Q3 24 | 11.3% | 12.4% | ||
| Q2 24 | 8.8% | 11.2% | ||
| Q1 24 | 13.2% | 5.2% |
| Q4 25 | 6.6% | 0.5% | ||
| Q3 25 | 5.6% | 0.4% | ||
| Q2 25 | 2.6% | 0.1% | ||
| Q1 25 | 1.5% | 0.1% | ||
| Q4 24 | 1.9% | 0.7% | ||
| Q3 24 | 1.8% | 0.1% | ||
| Q2 24 | 1.7% | 0.2% | ||
| Q1 24 | 1.6% | 0.2% |
| Q4 25 | — | — | ||
| Q3 25 | 4.12× | — | ||
| Q2 25 | 2.68× | — | ||
| Q1 25 | 1.97× | 0.82× | ||
| Q4 24 | 5.88× | 4.04× | ||
| Q3 24 | 1.34× | — | ||
| Q2 24 | 0.93× | — | ||
| Q1 24 | 1.75× | 0.66× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DIN
| Franchisor | $163.2M | 75% |
| Food And Beverage | $27.3M | 13% |
| Proprietary Product Sales And Other | $17.0M | 8% |
| Other | $8.1M | 4% |
| Franchise And Development Fees | $2.0M | 1% |
EEX
| Connections Segment | $121.9M | 92% |
| Commerce Segment | $5.5M | 4% |
| Content | $5.3M | 4% |
