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Side-by-side financial comparison of Dine Brands Global, Inc. (DIN) and IBEX Ltd (IBEX). 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 $164.2M, roughly 1.3× IBEX Ltd). IBEX Ltd runs the higher net margin — 7.4% vs -5.6%, a 13.1% gap on every dollar of revenue. On growth, IBEX Ltd posted the faster year-over-year revenue change (16.7% vs 6.3%). IBEX Ltd produced more free cash flow last quarter ($-5.1M vs $-8.6M). Over the past eight quarters, IBEX Ltd's revenue compounded faster (13.8% 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.

The IBEX 35 is the benchmark stock market index of the Bolsa de Madrid, Spain's principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercados Españoles (BME), the company which runs Spain's securities markets. It is a market capitalization-weighted index comprising the 35 most liquid Spanish stocks traded in the Madrid Stock Exchange General Index and is reviewed twice annually. Trading on options and futures con...

DIN vs IBEX — Head-to-Head

Bigger by revenue
DIN
DIN
1.3× larger
DIN
$217.6M
$164.2M
IBEX
Growing faster (revenue YoY)
IBEX
IBEX
+10.5% gap
IBEX
16.7%
6.3%
DIN
Higher net margin
IBEX
IBEX
13.1% more per $
IBEX
7.4%
-5.6%
DIN
More free cash flow
IBEX
IBEX
$3.5M more FCF
IBEX
$-5.1M
$-8.6M
DIN
Faster 2-yr revenue CAGR
IBEX
IBEX
Annualised
IBEX
13.8%
2.7%
DIN

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
DIN
DIN
IBEX
IBEX
Revenue
$217.6M
$164.2M
Net Profit
$-12.2M
$12.2M
Gross Margin
42.4%
Operating Margin
-7.6%
9.3%
Net Margin
-5.6%
7.4%
Revenue YoY
6.3%
16.7%
Net Profit YoY
-336.1%
31.8%
EPS (diluted)
$-0.79
$0.83

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
IBEX
IBEX
Q4 25
$217.6M
$164.2M
Q3 25
$216.2M
$151.2M
Q2 25
$230.8M
$147.1M
Q1 25
$214.8M
$140.7M
Q4 24
$204.8M
$140.7M
Q3 24
$195.0M
$129.7M
Q2 24
$206.3M
$124.5M
Q1 24
$206.2M
$126.8M
Net Profit
DIN
DIN
IBEX
IBEX
Q4 25
$-12.2M
$12.2M
Q3 25
$7.3M
$12.0M
Q2 25
$13.8M
$9.6M
Q1 25
$8.2M
$10.5M
Q4 24
$5.2M
$9.3M
Q3 24
$19.1M
$7.5M
Q2 24
$23.2M
$9.8M
Q1 24
$17.5M
$10.3M
Gross Margin
DIN
DIN
IBEX
IBEX
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%
Operating Margin
DIN
DIN
IBEX
IBEX
Q4 25
-7.6%
9.3%
Q3 25
4.7%
9.1%
Q2 25
8.2%
8.3%
Q1 25
6.0%
9.5%
Q4 24
3.8%
8.5%
Q3 24
13.6%
7.0%
Q2 24
15.1%
10.3%
Q1 24
11.7%
8.9%
Net Margin
DIN
DIN
IBEX
IBEX
Q4 25
-5.6%
7.4%
Q3 25
3.4%
8.0%
Q2 25
6.0%
6.5%
Q1 25
3.8%
7.4%
Q4 24
2.5%
6.6%
Q3 24
9.8%
5.8%
Q2 24
11.2%
7.9%
Q1 24
8.5%
8.1%
EPS (diluted)
DIN
DIN
IBEX
IBEX
Q4 25
$-0.79
$0.83
Q3 25
$0.48
$0.82
Q2 25
$0.89
$0.63
Q1 25
$0.53
$0.73
Q4 24
$0.35
$0.57
Q3 24
$1.24
$0.43
Q2 24
$1.50
$0.55
Q1 24
$1.13
$0.57

Balance Sheet & Financial Strength

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

Metric
DIN
DIN
IBEX
IBEX
Cash + ST InvestmentsLiquidity on hand
$128.2M
$15.5M
Total DebtLower is stronger
$1.2B
$594.0K
Stockholders' EquityBook value
$-273.9M
$154.5M
Total Assets
$1.7B
$295.8M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DIN
DIN
IBEX
IBEX
Q4 25
$128.2M
$15.5M
Q3 25
$167.9M
$22.7M
Q2 25
$194.2M
$15.3M
Q1 25
$186.5M
$13.0M
Q4 24
$186.7M
$20.2M
Q3 24
$169.6M
$62.3M
Q2 24
$153.5M
$62.7M
Q1 24
$145.0M
$50.7M
Total Debt
DIN
DIN
IBEX
IBEX
Q4 25
$1.2B
$594.0K
Q3 25
$1.2B
$726.0K
Q2 25
$1.2B
$796.0K
Q1 25
$1.2B
$735.0K
Q4 24
$1.2B
$695.0K
Q3 24
$1.2B
$802.0K
Q2 24
$1.2B
$867.0K
Q1 24
$1.2B
$820.0K
Stockholders' Equity
DIN
DIN
IBEX
IBEX
Q4 25
$-273.9M
$154.5M
Q3 25
$-231.9M
$143.6M
Q2 25
$-212.5M
$134.3M
Q1 25
$-215.7M
$124.2M
Q4 24
$-216.0M
$108.9M
Q3 24
$-216.7M
$171.1M
Q2 24
$-231.7M
$165.8M
Q1 24
$-244.8M
$159.3M
Total Assets
DIN
DIN
IBEX
IBEX
Q4 25
$1.7B
$295.8M
Q3 25
$1.8B
$283.9M
Q2 25
$1.8B
$273.2M
Q1 25
$1.8B
$274.7M
Q4 24
$1.8B
$272.5M
Q3 24
$1.7B
$306.3M
Q2 24
$1.7B
$293.9M
Q1 24
$1.7B
$289.6M
Debt / Equity
DIN
DIN
IBEX
IBEX
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.01×
Q3 24
0.00×
Q2 24
0.01×
Q1 24
0.01×

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
IBEX
IBEX
Operating Cash FlowLast quarter
$5.7M
$6.6M
Free Cash FlowOCF − Capex
$-8.6M
$-5.1M
FCF MarginFCF / Revenue
-3.9%
-3.1%
Capex IntensityCapex / Revenue
6.6%
7.1%
Cash ConversionOCF / Net Profit
0.54×
TTM Free Cash FlowTrailing 4 quarters
$53.4M
$29.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DIN
DIN
IBEX
IBEX
Q4 25
$5.7M
$6.6M
Q3 25
$30.2M
$15.7M
Q2 25
$37.0M
$27.9M
Q1 25
$16.1M
$8.8M
Q4 24
$30.5M
$1.1M
Q3 24
$25.5M
$7.8M
Q2 24
$21.6M
$17.4M
Q1 24
$30.6M
$11.4M
Free Cash Flow
DIN
DIN
IBEX
IBEX
Q4 25
$-8.6M
$-5.1M
Q3 25
$18.1M
$8.0M
Q2 25
$31.0M
$22.8M
Q1 25
$12.8M
$3.6M
Q4 24
$26.7M
$-3.2M
Q3 24
$22.0M
$4.1M
Q2 24
$18.2M
$15.2M
Q1 24
$27.2M
$9.7M
FCF Margin
DIN
DIN
IBEX
IBEX
Q4 25
-3.9%
-3.1%
Q3 25
8.4%
5.3%
Q2 25
13.4%
15.5%
Q1 25
6.0%
2.5%
Q4 24
13.0%
-2.3%
Q3 24
11.3%
3.2%
Q2 24
8.8%
12.2%
Q1 24
13.2%
7.7%
Capex Intensity
DIN
DIN
IBEX
IBEX
Q4 25
6.6%
7.1%
Q3 25
5.6%
5.1%
Q2 25
2.6%
3.5%
Q1 25
1.5%
3.7%
Q4 24
1.9%
3.1%
Q3 24
1.8%
2.8%
Q2 24
1.7%
1.8%
Q1 24
1.6%
1.3%
Cash Conversion
DIN
DIN
IBEX
IBEX
Q4 25
0.54×
Q3 25
4.12×
1.30×
Q2 25
2.68×
2.91×
Q1 25
1.97×
0.84×
Q4 24
5.88×
0.12×
Q3 24
1.34×
1.03×
Q2 24
0.93×
1.77×
Q1 24
1.75×
1.11×

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%

IBEX
IBEX

Transferred Over Time$147.1M90%
Transferred At Point In Time$17.1M10%

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