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Side-by-side financial comparison of Dine Brands Global, Inc. (DIN) and FORUM ENERGY TECHNOLOGIES, INC. (FET). 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 $208.7M, roughly 1.0× FORUM ENERGY TECHNOLOGIES, INC.). FORUM ENERGY TECHNOLOGIES, INC. runs the higher net margin — 2.2% vs -5.6%, a 7.8% gap on every dollar of revenue. On growth, Dine Brands Global, Inc. posted the faster year-over-year revenue change (6.3% vs 3.2%). FORUM ENERGY TECHNOLOGIES, INC. produced more free cash flow last quarter ($1.4M vs $-8.6M). Over the past eight quarters, Dine Brands Global, Inc.'s revenue compounded faster (2.7% CAGR vs 0.8%).

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.

Forum Energy Technologies is an American oilfield products company that provides products and services to the oil and gas, and renewable industries worldwide.

DIN vs FET — Head-to-Head

Bigger by revenue
DIN
DIN
1.0× larger
DIN
$217.6M
$208.7M
FET
Growing faster (revenue YoY)
DIN
DIN
+3.0% gap
DIN
6.3%
3.2%
FET
Higher net margin
FET
FET
7.8% more per $
FET
2.2%
-5.6%
DIN
More free cash flow
FET
FET
$9.9M more FCF
FET
$1.4M
$-8.6M
DIN
Faster 2-yr revenue CAGR
DIN
DIN
Annualised
DIN
2.7%
0.8%
FET

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DIN
DIN
FET
FET
Revenue
$217.6M
$208.7M
Net Profit
$-12.2M
$4.5M
Gross Margin
42.4%
29.2%
Operating Margin
-7.6%
5.3%
Net Margin
-5.6%
2.2%
Revenue YoY
6.3%
3.2%
Net Profit YoY
-336.1%
300.4%
EPS (diluted)
$-0.79
$0.39

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
DIN
DIN
FET
FET
Q1 26
$208.7M
Q4 25
$217.6M
$202.2M
Q3 25
$216.2M
$196.2M
Q2 25
$230.8M
$199.8M
Q1 25
$214.8M
$193.3M
Q4 24
$204.8M
$201.0M
Q3 24
$195.0M
$207.8M
Q2 24
$206.3M
$205.2M
Net Profit
DIN
DIN
FET
FET
Q1 26
$4.5M
Q4 25
$-12.2M
$2.1M
Q3 25
$7.3M
$-20.6M
Q2 25
$13.8M
$7.7M
Q1 25
$8.2M
$1.1M
Q4 24
$5.2M
$-103.5M
Q3 24
$19.1M
$-14.8M
Q2 24
$23.2M
$-6.7M
Gross Margin
DIN
DIN
FET
FET
Q1 26
29.2%
Q4 25
42.4%
30.2%
Q3 25
39.1%
20.5%
Q2 25
40.0%
29.7%
Q1 25
42.0%
30.2%
Q4 24
41.7%
31.1%
Q3 24
47.8%
31.6%
Q2 24
48.1%
30.7%
Operating Margin
DIN
DIN
FET
FET
Q1 26
5.3%
Q4 25
-7.6%
6.3%
Q3 25
4.7%
-3.1%
Q2 25
8.2%
7.4%
Q1 25
6.0%
4.6%
Q4 24
3.8%
-53.1%
Q3 24
13.6%
4.3%
Q2 24
15.1%
3.9%
Net Margin
DIN
DIN
FET
FET
Q1 26
2.2%
Q4 25
-5.6%
1.0%
Q3 25
3.4%
-10.5%
Q2 25
6.0%
3.9%
Q1 25
3.8%
0.6%
Q4 24
2.5%
-51.5%
Q3 24
9.8%
-7.1%
Q2 24
11.2%
-3.3%
EPS (diluted)
DIN
DIN
FET
FET
Q1 26
$0.39
Q4 25
$-0.79
$0.25
Q3 25
$0.48
$-1.76
Q2 25
$0.89
$0.61
Q1 25
$0.53
$0.09
Q4 24
$0.35
$-8.41
Q3 24
$1.24
$-1.20
Q2 24
$1.50
$-0.54

Balance Sheet & Financial Strength

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

Metric
DIN
DIN
FET
FET
Cash + ST InvestmentsLiquidity on hand
$128.2M
$37.5M
Total DebtLower is stronger
$1.2B
$153.7M
Stockholders' EquityBook value
$-273.9M
$280.7M
Total Assets
$1.7B
$763.1M
Debt / EquityLower = less leverage
0.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DIN
DIN
FET
FET
Q1 26
$37.5M
Q4 25
$128.2M
$34.7M
Q3 25
$167.9M
$31.7M
Q2 25
$194.2M
$39.0M
Q1 25
$186.5M
$31.1M
Q4 24
$186.7M
$44.7M
Q3 24
$169.6M
$33.3M
Q2 24
$153.5M
$31.8M
Total Debt
DIN
DIN
FET
FET
Q1 26
$153.7M
Q4 25
$1.2B
$135.9M
Q3 25
$1.2B
$140.0M
Q2 25
$1.2B
$159.3M
Q1 25
$1.2B
$171.4M
Q4 24
$1.2B
$188.4M
Q3 24
$1.2B
$231.5M
Q2 24
$1.2B
$252.9M
Stockholders' Equity
DIN
DIN
FET
FET
Q1 26
$280.7M
Q4 25
$-273.9M
$291.1M
Q3 25
$-231.9M
$297.3M
Q2 25
$-212.5M
$334.2M
Q1 25
$-215.7M
$320.0M
Q4 24
$-216.0M
$319.9M
Q3 24
$-216.7M
$443.5M
Q2 24
$-231.7M
$442.0M
Total Assets
DIN
DIN
FET
FET
Q1 26
$763.1M
Q4 25
$1.7B
$752.5M
Q3 25
$1.8B
$770.1M
Q2 25
$1.8B
$810.1M
Q1 25
$1.8B
$790.1M
Q4 24
$1.8B
$816.0M
Q3 24
$1.7B
$973.7M
Q2 24
$1.7B
$976.8M
Debt / Equity
DIN
DIN
FET
FET
Q1 26
0.55×
Q4 25
0.47×
Q3 25
0.47×
Q2 25
0.48×
Q1 25
0.54×
Q4 24
0.59×
Q3 24
0.52×
Q2 24
0.57×

Cash Flow & Capital Efficiency

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

Metric
DIN
DIN
FET
FET
Operating Cash FlowLast quarter
$5.7M
$1.6M
Free Cash FlowOCF − Capex
$-8.6M
$1.4M
FCF MarginFCF / Revenue
-3.9%
0.7%
Capex IntensityCapex / Revenue
6.6%
0.1%
Cash ConversionOCF / Net Profit
0.36×
TTM Free Cash FlowTrailing 4 quarters
$53.4M
$58.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DIN
DIN
FET
FET
Q1 26
$1.6M
Q4 25
$5.7M
$22.4M
Q3 25
$30.2M
$22.9M
Q2 25
$37.0M
$15.8M
Q1 25
$16.1M
$9.3M
Q4 24
$30.5M
$38.5M
Q3 24
$25.5M
$25.6M
Q2 24
$21.6M
$23.1M
Free Cash Flow
DIN
DIN
FET
FET
Q1 26
$1.4M
Q4 25
$-8.6M
$20.9M
Q3 25
$18.1M
$21.5M
Q2 25
$31.0M
$14.8M
Q1 25
$12.8M
$7.2M
Q4 24
$26.7M
$36.1M
Q3 24
$22.0M
$24.3M
Q2 24
$18.2M
$21.6M
FCF Margin
DIN
DIN
FET
FET
Q1 26
0.7%
Q4 25
-3.9%
10.3%
Q3 25
8.4%
10.9%
Q2 25
13.4%
7.4%
Q1 25
6.0%
3.7%
Q4 24
13.0%
18.0%
Q3 24
11.3%
11.7%
Q2 24
8.8%
10.5%
Capex Intensity
DIN
DIN
FET
FET
Q1 26
0.1%
Q4 25
6.6%
0.8%
Q3 25
5.6%
0.7%
Q2 25
2.6%
0.5%
Q1 25
1.5%
1.1%
Q4 24
1.9%
1.2%
Q3 24
1.8%
0.6%
Q2 24
1.7%
0.7%
Cash Conversion
DIN
DIN
FET
FET
Q1 26
0.36×
Q4 25
10.83×
Q3 25
4.12×
Q2 25
2.68×
2.05×
Q1 25
1.97×
8.31×
Q4 24
5.88×
Q3 24
1.34×
Q2 24
0.93×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DIN
DIN

Franchisor$163.2M75%
Food And Beverage$27.3M13%
Proprietary Product Sales And Other$17.0M8%
Other$8.1M4%
Franchise And Development Fees$2.0M1%

FET
FET

Drilling and Completions$126.7M61%
Downhole$50.6M24%
Production Equipment$18.8M9%
Valve Solutions$12.8M6%

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