vs
Side-by-side financial comparison of Dine Brands Global, Inc. (DIN) and HCI Group, Inc. (HCI). Click either name above to swap in a different company.
HCI Group, Inc. is the larger business by last-quarter revenue ($246.2M vs $217.6M, roughly 1.1× Dine Brands Global, Inc.). HCI Group, Inc. runs the higher net margin — 39.7% vs -5.6%, a 45.3% gap on every dollar of revenue. On growth, HCI Group, Inc. posted the faster year-over-year revenue change (52.1% vs 6.3%). HCI Group, Inc. produced more free cash flow last quarter ($440.8M vs $-8.6M). Over the past eight quarters, HCI Group, Inc.'s revenue compounded faster (9.2% 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.
HCI Equity Partners is a Washington, DC–based private equity firm with an additional office in Chicago, Illinois.
DIN vs HCI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $217.6M | $246.2M |
| Net Profit | $-12.2M | $97.7M |
| Gross Margin | 42.4% | — |
| Operating Margin | -7.6% | 58.5% |
| Net Margin | -5.6% | 39.7% |
| Revenue YoY | 6.3% | 52.1% |
| Net Profit YoY | -336.1% | 3679.2% |
| EPS (diluted) | $-0.79 | $7.29 |
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 | $246.2M | ||
| Q3 25 | $216.2M | $216.3M | ||
| Q2 25 | $230.8M | $221.9M | ||
| Q1 25 | $214.8M | $216.4M | ||
| Q4 24 | $204.8M | $161.9M | ||
| Q3 24 | $195.0M | $175.3M | ||
| Q2 24 | $206.3M | $206.2M | ||
| Q1 24 | $206.2M | $206.6M |
| Q4 25 | $-12.2M | $97.7M | ||
| Q3 25 | $7.3M | $65.5M | ||
| Q2 25 | $13.8M | $66.2M | ||
| Q1 25 | $8.2M | $69.7M | ||
| Q4 24 | $5.2M | $2.6M | ||
| Q3 24 | $19.1M | $5.7M | ||
| Q2 24 | $23.2M | $54.1M | ||
| Q1 24 | $17.5M | $47.6M |
| 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% | 58.5% | ||
| Q3 25 | 4.7% | 41.9% | ||
| Q2 25 | 8.2% | 42.5% | ||
| Q1 25 | 6.0% | 46.4% | ||
| Q4 24 | 3.8% | 3.6% | ||
| Q3 24 | 13.6% | 8.0% | ||
| Q2 24 | 15.1% | 36.9% | ||
| Q1 24 | 11.7% | 37.5% |
| Q4 25 | -5.6% | 39.7% | ||
| Q3 25 | 3.4% | 30.3% | ||
| Q2 25 | 6.0% | 29.8% | ||
| Q1 25 | 3.8% | 32.2% | ||
| Q4 24 | 2.5% | 1.6% | ||
| Q3 24 | 9.8% | 3.2% | ||
| Q2 24 | 11.2% | 26.2% | ||
| Q1 24 | 8.5% | 23.0% |
| Q4 25 | $-0.79 | $7.29 | ||
| Q3 25 | $0.48 | $4.90 | ||
| Q2 25 | $0.89 | $5.18 | ||
| Q1 25 | $0.53 | $5.35 | ||
| Q4 24 | $0.35 | $0.32 | ||
| Q3 24 | $1.24 | $0.52 | ||
| Q2 24 | $1.50 | $4.24 | ||
| Q1 24 | $1.13 | $3.81 |
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 | $1.2B |
| Total DebtLower is stronger | $1.2B | — |
| Stockholders' EquityBook value | $-273.9M | $1.0B |
| Total Assets | $1.7B | $2.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $128.2M | $1.2B | ||
| Q3 25 | $167.9M | $987.9M | ||
| Q2 25 | $194.2M | $947.2M | ||
| Q1 25 | $186.5M | $754.5M | ||
| Q4 24 | $186.7M | $532.5M | ||
| Q3 24 | $169.6M | $518.8M | ||
| Q2 24 | $153.5M | $445.8M | ||
| Q1 24 | $145.0M | $655.4M |
| 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 | $1.0B | ||
| Q3 25 | $-231.9M | $821.8M | ||
| Q2 25 | $-212.5M | $758.6M | ||
| Q1 25 | $-215.7M | $522.7M | ||
| Q4 24 | $-216.0M | $453.3M | ||
| Q3 24 | $-216.7M | $455.3M | ||
| Q2 24 | $-231.7M | $447.3M | ||
| Q1 24 | $-244.8M | $395.7M |
| Q4 25 | $1.7B | $2.5B | ||
| Q3 25 | $1.8B | $2.3B | ||
| Q2 25 | $1.8B | $2.4B | ||
| Q1 25 | $1.8B | $2.3B | ||
| Q4 24 | $1.8B | $2.2B | ||
| Q3 24 | $1.7B | $2.0B | ||
| Q2 24 | $1.7B | $1.9B | ||
| Q1 24 | $1.7B | $1.8B |
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 | $444.4M |
| Free Cash FlowOCF − Capex | $-8.6M | $440.8M |
| FCF MarginFCF / Revenue | -3.9% | 179.0% |
| Capex IntensityCapex / Revenue | 6.6% | 1.5% |
| Cash ConversionOCF / Net Profit | — | 4.55× |
| TTM Free Cash FlowTrailing 4 quarters | $53.4M | $771.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.7M | $444.4M | ||
| Q3 25 | $30.2M | $26.7M | ||
| Q2 25 | $37.0M | $145.0M | ||
| Q1 25 | $16.1M | $162.0M | ||
| Q4 24 | $30.5M | $331.8M | ||
| Q3 24 | $25.5M | $104.1M | ||
| Q2 24 | $21.6M | $-29.0M | ||
| Q1 24 | $30.6M | $182.0M |
| Q4 25 | $-8.6M | $440.8M | ||
| Q3 25 | $18.1M | $25.9M | ||
| Q2 25 | $31.0M | $144.5M | ||
| Q1 25 | $12.8M | $160.3M | ||
| Q4 24 | $26.7M | $327.8M | ||
| Q3 24 | $22.0M | $103.2M | ||
| Q2 24 | $18.2M | $-30.1M | ||
| Q1 24 | $27.2M | $181.0M |
| Q4 25 | -3.9% | 179.0% | ||
| Q3 25 | 8.4% | 12.0% | ||
| Q2 25 | 13.4% | 65.1% | ||
| Q1 25 | 6.0% | 74.1% | ||
| Q4 24 | 13.0% | 202.5% | ||
| Q3 24 | 11.3% | 58.9% | ||
| Q2 24 | 8.8% | -14.6% | ||
| Q1 24 | 13.2% | 87.6% |
| Q4 25 | 6.6% | 1.5% | ||
| Q3 25 | 5.6% | 0.4% | ||
| Q2 25 | 2.6% | 0.2% | ||
| Q1 25 | 1.5% | 0.8% | ||
| Q4 24 | 1.9% | 2.5% | ||
| Q3 24 | 1.8% | 0.5% | ||
| Q2 24 | 1.7% | 0.5% | ||
| Q1 24 | 1.6% | 0.5% |
| Q4 25 | — | 4.55× | ||
| Q3 25 | 4.12× | 0.41× | ||
| Q2 25 | 2.68× | 2.19× | ||
| Q1 25 | 1.97× | 2.32× | ||
| Q4 24 | 5.88× | 128.41× | ||
| Q3 24 | 1.34× | 18.33× | ||
| Q2 24 | 0.93× | -0.54× | ||
| Q1 24 | 1.75× | 3.82× |
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% |
HCI
| Insurance Operation | $218.3M | 89% |
| Reciprocal Exchange Operation | $27.0M | 11% |
