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Side-by-side financial comparison of Dine Brands Global, Inc. (DIN) and FTAI Infrastructure Inc. (FIP). 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 $143.5M, roughly 1.5× FTAI Infrastructure Inc.). Dine Brands Global, Inc. runs the higher net margin — -5.6% vs -68.1%, a 62.5% gap on every dollar of revenue. On growth, FTAI Infrastructure Inc. posted the faster year-over-year revenue change (77.7% vs 6.3%). Dine Brands Global, Inc. produced more free cash flow last quarter ($-8.6M vs $-68.6M). Over the past eight quarters, FTAI Infrastructure Inc.'s revenue compounded faster (31.9% CAGR vs 2.7%).
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.
FTAI Infrastructure Inc. owns, operates and invests in high-quality critical infrastructure assets across core sectors including transportation logistics, midstream energy, and power generation. It primarily serves North American markets, focusing on assets with stable long-term cash flows, contracted revenue streams, and strong market positions to deliver sustainable returns for stakeholders.
DIN vs FIP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $217.6M | $143.5M |
| Net Profit | $-12.2M | $-97.7M |
| Gross Margin | 42.4% | — |
| Operating Margin | -7.6% | -45.7% |
| Net Margin | -5.6% | -68.1% |
| Revenue YoY | 6.3% | 77.7% |
| Net Profit YoY | -336.1% | 21.6% |
| EPS (diluted) | $-0.79 | $-1.04 |
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 | $143.5M | ||
| Q3 25 | $216.2M | $140.6M | ||
| Q2 25 | $230.8M | $122.3M | ||
| Q1 25 | $214.8M | $96.2M | ||
| Q4 24 | $204.8M | $80.8M | ||
| Q3 24 | $195.0M | $83.3M | ||
| Q2 24 | $206.3M | $84.9M | ||
| Q1 24 | $206.2M | $82.5M |
| Q4 25 | $-12.2M | $-97.7M | ||
| Q3 25 | $7.3M | $-104.5M | ||
| Q2 25 | $13.8M | $-70.0M | ||
| Q1 25 | $8.2M | $120.2M | ||
| Q4 24 | $5.2M | $-124.7M | ||
| Q3 24 | $19.1M | $-43.0M | ||
| Q2 24 | $23.2M | $-48.1M | ||
| Q1 24 | $17.5M | $-50.3M |
| 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% | -45.7% | ||
| Q3 25 | 4.7% | -70.8% | ||
| Q2 25 | 8.2% | -56.4% | ||
| Q1 25 | 6.0% | 81.8% | ||
| Q4 24 | 3.8% | -152.7% | ||
| Q3 24 | 13.6% | -51.7% | ||
| Q2 24 | 15.1% | -56.4% | ||
| Q1 24 | 11.7% | -58.8% |
| Q4 25 | -5.6% | -68.1% | ||
| Q3 25 | 3.4% | -74.4% | ||
| Q2 25 | 6.0% | -57.2% | ||
| Q1 25 | 3.8% | 125.0% | ||
| Q4 24 | 2.5% | -154.4% | ||
| Q3 24 | 9.8% | -51.6% | ||
| Q2 24 | 11.2% | -56.7% | ||
| Q1 24 | 8.5% | -60.9% |
| Q4 25 | $-0.79 | $-1.04 | ||
| Q3 25 | $0.48 | $-1.38 | ||
| Q2 25 | $0.89 | $-0.73 | ||
| Q1 25 | $0.53 | $0.89 | ||
| Q4 24 | $0.35 | $-1.21 | ||
| Q3 24 | $1.24 | $-0.45 | ||
| Q2 24 | $1.50 | $-0.52 | ||
| Q1 24 | $1.13 | $-0.54 |
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 | $57.4M |
| Total DebtLower is stronger | $1.2B | $3.8B |
| Stockholders' EquityBook value | $-273.9M | $21.3M |
| Total Assets | $1.7B | $5.7B |
| Debt / EquityLower = less leverage | — | 176.99× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $128.2M | $57.4M | ||
| Q3 25 | $167.9M | $34.7M | ||
| Q2 25 | $194.2M | $33.6M | ||
| Q1 25 | $186.5M | $26.3M | ||
| Q4 24 | $186.7M | $27.8M | ||
| Q3 24 | $169.6M | $20.3M | ||
| Q2 24 | $153.5M | $33.1M | ||
| Q1 24 | $145.0M | $23.0M |
| Q4 25 | $1.2B | $3.8B | ||
| Q3 25 | $1.2B | $3.7B | ||
| Q2 25 | $1.2B | $3.1B | ||
| Q1 25 | $1.2B | $2.8B | ||
| Q4 24 | $1.2B | $1.6B | ||
| Q3 24 | $1.2B | $1.5B | ||
| Q2 24 | $1.2B | $1.6B | ||
| Q1 24 | $1.2B | $1.3B |
| Q4 25 | $-273.9M | $21.3M | ||
| Q3 25 | $-231.9M | $181.1M | ||
| Q2 25 | $-212.5M | $375.5M | ||
| Q1 25 | $-215.7M | $476.2M | ||
| Q4 24 | $-216.0M | $202.7M | ||
| Q3 24 | $-216.7M | $370.8M | ||
| Q2 24 | $-231.7M | $394.8M | ||
| Q1 24 | $-244.8M | $402.5M |
| Q4 25 | $1.7B | $5.7B | ||
| Q3 25 | $1.8B | $5.5B | ||
| Q2 25 | $1.8B | $4.4B | ||
| Q1 25 | $1.8B | $4.1B | ||
| Q4 24 | $1.8B | $2.4B | ||
| Q3 24 | $1.7B | $2.4B | ||
| Q2 24 | $1.7B | $2.5B | ||
| Q1 24 | $1.7B | $2.3B |
| Q4 25 | — | 176.99× | ||
| Q3 25 | — | 20.59× | ||
| Q2 25 | — | 8.21× | ||
| Q1 25 | — | 5.79× | ||
| Q4 24 | — | 7.84× | ||
| Q3 24 | — | 4.14× | ||
| Q2 24 | — | 3.94× | ||
| Q1 24 | — | 3.34× |
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 | $-2.8M |
| Free Cash FlowOCF − Capex | $-8.6M | $-68.6M |
| FCF MarginFCF / Revenue | -3.9% | -47.8% |
| Capex IntensityCapex / Revenue | 6.6% | 45.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $53.4M | $-398.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.7M | $-2.8M | ||
| Q3 25 | $30.2M | $-24.4M | ||
| Q2 25 | $37.0M | $-5.2M | ||
| Q1 25 | $16.1M | $-85.7M | ||
| Q4 24 | $30.5M | $-8.1M | ||
| Q3 24 | $25.5M | $14.2M | ||
| Q2 24 | $21.6M | $-17.6M | ||
| Q1 24 | $30.6M | $-3.9M |
| Q4 25 | $-8.6M | $-68.6M | ||
| Q3 25 | $18.1M | $-90.7M | ||
| Q2 25 | $31.0M | $-87.5M | ||
| Q1 25 | $12.8M | $-151.7M | ||
| Q4 24 | $26.7M | $-34.3M | ||
| Q3 24 | $22.0M | $-11.7M | ||
| Q2 24 | $18.2M | $-32.1M | ||
| Q1 24 | $27.2M | $-16.7M |
| Q4 25 | -3.9% | -47.8% | ||
| Q3 25 | 8.4% | -64.5% | ||
| Q2 25 | 13.4% | -71.6% | ||
| Q1 25 | 6.0% | -157.7% | ||
| Q4 24 | 13.0% | -42.4% | ||
| Q3 24 | 11.3% | -14.0% | ||
| Q2 24 | 8.8% | -37.9% | ||
| Q1 24 | 13.2% | -20.3% |
| Q4 25 | 6.6% | 45.9% | ||
| Q3 25 | 5.6% | 47.2% | ||
| Q2 25 | 2.6% | 67.3% | ||
| Q1 25 | 1.5% | 68.6% | ||
| Q4 24 | 1.9% | 32.5% | ||
| Q3 24 | 1.8% | 31.1% | ||
| Q2 24 | 1.7% | 17.2% | ||
| Q1 24 | 1.6% | 15.6% |
| Q4 25 | — | — | ||
| Q3 25 | 4.12× | — | ||
| Q2 25 | 2.68× | — | ||
| Q1 25 | 1.97× | -0.71× | ||
| Q4 24 | 5.88× | — | ||
| Q3 24 | 1.34× | — | ||
| Q2 24 | 0.93× | — | ||
| Q1 24 | 1.75× | — |
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% |
FIP
| Power Revenues | $45.9M | 32% |
| Rail Revenue | $44.6M | 31% |
| Service Other | $22.8M | 16% |
| Gas Revenues | $15.3M | 11% |
| Roadside Services Revenues | $11.5M | 8% |
| Rapauno | $1.2M | 1% |
