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Side-by-side financial comparison of Dine Brands Global, Inc. (DIN) and Gaming & Leisure Properties, Inc. (GLPI). Click either name above to swap in a different company.
Gaming & Leisure Properties, Inc. is the larger business by last-quarter revenue ($420.0M vs $217.6M, roughly 1.9× Dine Brands Global, Inc.). Gaming & Leisure Properties, Inc. runs the higher net margin — 57.0% vs -5.6%, a 62.6% gap on every dollar of revenue. On growth, Gaming & Leisure Properties, Inc. posted the faster year-over-year revenue change (6.3% vs 6.3%). Over the past eight quarters, Gaming & Leisure Properties, Inc.'s revenue compounded faster (5.0% 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.
Gaming and Leisure Properties, Inc. is a real estate investment trust (REIT) specializing in casino properties, based in Wyomissing, Pennsylvania. It was formed in November 2013 as a corporate spin-off from Penn National Gaming. The company owns 62 casino properties, all of which are leased to other companies.
DIN vs GLPI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $217.6M | $420.0M |
| Net Profit | $-12.2M | $239.4M |
| Gross Margin | 42.4% | — |
| Operating Margin | -7.6% | 79.4% |
| Net Margin | -5.6% | 57.0% |
| Revenue YoY | 6.3% | 6.3% |
| Net Profit YoY | -336.1% | 40.5% |
| EPS (diluted) | $-0.79 | — |
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.
| Q1 26 | — | $420.0M | ||
| Q4 25 | $217.6M | $407.0M | ||
| Q3 25 | $216.2M | $397.6M | ||
| Q2 25 | $230.8M | $394.9M | ||
| Q1 25 | $214.8M | $395.2M | ||
| Q4 24 | $204.8M | $389.6M | ||
| Q3 24 | $195.0M | $385.3M | ||
| Q2 24 | $206.3M | $380.6M |
| Q1 26 | — | $239.4M | ||
| Q4 25 | $-12.2M | $275.4M | ||
| Q3 25 | $7.3M | $241.2M | ||
| Q2 25 | $13.8M | $151.4M | ||
| Q1 25 | $8.2M | $165.2M | ||
| Q4 24 | $5.2M | $223.6M | ||
| Q3 24 | $19.1M | $184.7M | ||
| Q2 24 | $23.2M | $208.3M |
| Q1 26 | — | — | ||
| 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 26 | — | 79.4% | ||
| Q4 25 | -7.6% | 89.3% | ||
| Q3 25 | 4.7% | 84.8% | ||
| Q2 25 | 8.2% | 61.3% | ||
| Q1 25 | 6.0% | 65.5% | ||
| Q4 24 | 3.8% | 79.1% | ||
| Q3 24 | 13.6% | 70.4% | ||
| Q2 24 | 15.1% | 77.1% |
| Q1 26 | — | 57.0% | ||
| Q4 25 | -5.6% | 67.6% | ||
| Q3 25 | 3.4% | 60.7% | ||
| Q2 25 | 6.0% | 38.4% | ||
| Q1 25 | 3.8% | 41.8% | ||
| Q4 24 | 2.5% | 57.4% | ||
| Q3 24 | 9.8% | 47.9% | ||
| Q2 24 | 11.2% | 54.7% |
| Q1 26 | — | — | ||
| Q4 25 | $-0.79 | $0.96 | ||
| Q3 25 | $0.48 | $0.85 | ||
| Q2 25 | $0.89 | $0.54 | ||
| Q1 25 | $0.53 | $0.60 | ||
| Q4 24 | $0.35 | $0.79 | ||
| Q3 24 | $1.24 | $0.67 | ||
| Q2 24 | $1.50 | $0.77 |
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 | $274.5M |
| Total DebtLower is stronger | $1.2B | — |
| Stockholders' EquityBook value | $-273.9M | $5.0B |
| Total Assets | $1.7B | $13.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $274.5M | ||
| Q4 25 | $128.2M | — | ||
| Q3 25 | $167.9M | — | ||
| Q2 25 | $194.2M | — | ||
| Q1 25 | $186.5M | — | ||
| Q4 24 | $186.7M | $560.8M | ||
| Q3 24 | $169.6M | $560.8M | ||
| Q2 24 | $153.5M | $560.8M |
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $7.2B | ||
| Q3 25 | $1.2B | $7.2B | ||
| Q2 25 | $1.2B | $6.9B | ||
| Q1 25 | $1.2B | $6.9B | ||
| Q4 24 | $1.2B | $7.7B | ||
| Q3 24 | $1.2B | $7.4B | ||
| Q2 24 | $1.2B | $6.6B |
| Q1 26 | — | $5.0B | ||
| Q4 25 | $-273.9M | $4.6B | ||
| Q3 25 | $-231.9M | $4.6B | ||
| Q2 25 | $-212.5M | $4.6B | ||
| Q1 25 | $-215.7M | $4.2B | ||
| Q4 24 | $-216.0M | $4.3B | ||
| Q3 24 | $-216.7M | $4.3B | ||
| Q2 24 | $-231.7M | $4.1B |
| Q1 26 | — | $13.8B | ||
| Q4 25 | $1.7B | $12.9B | ||
| Q3 25 | $1.8B | $12.8B | ||
| Q2 25 | $1.8B | $12.5B | ||
| Q1 25 | $1.8B | $12.1B | ||
| Q4 24 | $1.8B | $13.1B | ||
| Q3 24 | $1.7B | $12.7B | ||
| Q2 24 | $1.7B | $11.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.56× | ||
| Q3 25 | — | 1.57× | ||
| Q2 25 | — | 1.51× | ||
| Q1 25 | — | 1.63× | ||
| Q4 24 | — | 1.81× | ||
| Q3 24 | — | 1.74× | ||
| Q2 24 | — | 1.60× |
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 | — |
| Free Cash FlowOCF − Capex | $-8.6M | — |
| FCF MarginFCF / Revenue | -3.9% | — |
| Capex IntensityCapex / Revenue | 6.6% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $53.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $5.7M | $1.1B | ||
| Q3 25 | $30.2M | $240.3M | ||
| Q2 25 | $37.0M | $293.4M | ||
| Q1 25 | $16.1M | $252.5M | ||
| Q4 24 | $30.5M | $1.1B | ||
| Q3 24 | $25.5M | $270.4M | ||
| Q2 24 | $21.6M | $252.1M |
| Q1 26 | — | — | ||
| Q4 25 | $-8.6M | — | ||
| Q3 25 | $18.1M | $183.0M | ||
| Q2 25 | $31.0M | $272.3M | ||
| Q1 25 | $12.8M | $239.6M | ||
| Q4 24 | $26.7M | $1.1B | ||
| Q3 24 | $22.0M | $261.5M | ||
| Q2 24 | $18.2M | $245.0M |
| Q1 26 | — | — | ||
| Q4 25 | -3.9% | — | ||
| Q3 25 | 8.4% | 46.0% | ||
| Q2 25 | 13.4% | 69.0% | ||
| Q1 25 | 6.0% | 60.6% | ||
| Q4 24 | 13.0% | 275.3% | ||
| Q3 24 | 11.3% | 67.9% | ||
| Q2 24 | 8.8% | 64.4% |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | — | ||
| Q3 25 | 5.6% | 14.4% | ||
| Q2 25 | 2.6% | 5.3% | ||
| Q1 25 | 1.5% | 3.3% | ||
| Q4 24 | 1.9% | 0.0% | ||
| Q3 24 | 1.8% | 2.3% | ||
| Q2 24 | 1.7% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.10× | ||
| Q3 25 | 4.12× | 1.00× | ||
| Q2 25 | 2.68× | 1.94× | ||
| Q1 25 | 1.97× | 1.53× | ||
| Q4 24 | 5.88× | 4.80× | ||
| Q3 24 | 1.34× | 1.46× | ||
| Q2 24 | 0.93× | 1.21× |
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% |
GLPI
Segment breakdown not available.
