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Side-by-side financial comparison of Dine Brands Global, Inc. (DIN) and INDEPENDENCE REALTY TRUST, INC. (IRT). 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 $165.3M, roughly 1.3× INDEPENDENCE REALTY TRUST, INC.). On growth, Dine Brands Global, Inc. posted the faster year-over-year revenue change (6.3% vs 2.5%). Over the past eight quarters, Dine Brands Global, Inc.'s revenue compounded faster (2.7% CAGR vs 2.2%).
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.
Brandywine Realty Trust is a Philadelphia-based real estate investment trust (REIT) that invests in office buildings in Philadelphia, Washington, D.C., and Austin, Texas.
DIN vs IRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $217.6M | $165.3M |
| Net Profit | $-12.2M | — |
| Gross Margin | 42.4% | — |
| Operating Margin | -7.6% | — |
| Net Margin | -5.6% | — |
| Revenue YoY | 6.3% | 2.5% |
| Net Profit YoY | -336.1% | — |
| EPS (diluted) | $-0.79 | $0.00 |
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 | — | $165.3M | ||
| Q4 25 | $217.6M | $167.1M | ||
| Q3 25 | $216.2M | $167.1M | ||
| Q2 25 | $230.8M | $162.2M | ||
| Q1 25 | $214.8M | $161.2M | ||
| Q4 24 | $204.8M | $161.0M | ||
| Q3 24 | $195.0M | $160.1M | ||
| Q2 24 | $206.3M | $158.4M |
| Q1 26 | — | — | ||
| Q4 25 | $-12.2M | $33.3M | ||
| Q3 25 | $7.3M | $6.9M | ||
| Q2 25 | $13.8M | $8.0M | ||
| Q1 25 | $8.2M | $8.4M | ||
| Q4 24 | $5.2M | $-1.0M | ||
| Q3 24 | $19.1M | $12.4M | ||
| Q2 24 | $23.2M | $10.4M |
| 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 | — | — | ||
| Q4 25 | -7.6% | — | ||
| Q3 25 | 4.7% | — | ||
| Q2 25 | 8.2% | — | ||
| Q1 25 | 6.0% | — | ||
| Q4 24 | 3.8% | — | ||
| Q3 24 | 13.6% | — | ||
| Q2 24 | 15.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | -5.6% | 19.9% | ||
| Q3 25 | 3.4% | 4.1% | ||
| Q2 25 | 6.0% | 5.0% | ||
| Q1 25 | 3.8% | 5.2% | ||
| Q4 24 | 2.5% | -0.6% | ||
| Q3 24 | 9.8% | 7.7% | ||
| Q2 24 | 11.2% | 6.5% |
| Q1 26 | — | $0.00 | ||
| Q4 25 | $-0.79 | $0.14 | ||
| Q3 25 | $0.48 | $0.03 | ||
| Q2 25 | $0.89 | $0.03 | ||
| Q1 25 | $0.53 | $0.04 | ||
| Q4 24 | $0.35 | $-0.01 | ||
| Q3 24 | $1.24 | $0.05 | ||
| Q2 24 | $1.50 | $0.05 |
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 | $23.3M |
| Total DebtLower is stronger | $1.2B | — |
| Stockholders' EquityBook value | $-273.9M | $3.4B |
| Total Assets | $1.7B | $6.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $23.3M | ||
| Q4 25 | $128.2M | $23.6M | ||
| Q3 25 | $167.9M | $23.3M | ||
| Q2 25 | $194.2M | $19.5M | ||
| Q1 25 | $186.5M | $29.1M | ||
| Q4 24 | $186.7M | $21.2M | ||
| Q3 24 | $169.6M | $17.6M | ||
| Q2 24 | $153.5M | $21.0M |
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $2.3B | ||
| Q3 25 | $1.2B | $2.3B | ||
| Q2 25 | $1.2B | $2.2B | ||
| Q1 25 | $1.2B | $2.3B | ||
| Q4 24 | $1.2B | $2.3B | ||
| Q3 24 | $1.2B | $2.3B | ||
| Q2 24 | $1.2B | $2.3B |
| Q1 26 | — | $3.4B | ||
| Q4 25 | $-273.9M | $3.5B | ||
| Q3 25 | $-231.9M | $3.5B | ||
| Q2 25 | $-212.5M | $3.4B | ||
| Q1 25 | $-215.7M | $3.5B | ||
| Q4 24 | $-216.0M | $3.4B | ||
| Q3 24 | $-216.7M | $3.4B | ||
| Q2 24 | $-231.7M | $3.4B |
| Q1 26 | — | $6.1B | ||
| Q4 25 | $1.7B | $6.0B | ||
| Q3 25 | $1.8B | $6.1B | ||
| Q2 25 | $1.8B | $6.0B | ||
| Q1 25 | $1.8B | $6.0B | ||
| Q4 24 | $1.8B | $6.1B | ||
| Q3 24 | $1.7B | $5.9B | ||
| Q2 24 | $1.7B | $5.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.66× | ||
| Q3 25 | — | 0.66× | ||
| Q2 25 | — | 0.66× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | 0.68× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.66× |
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 | $282.1M | ||
| Q3 25 | $30.2M | $79.3M | ||
| Q2 25 | $37.0M | $82.2M | ||
| Q1 25 | $16.1M | $60.4M | ||
| Q4 24 | $30.5M | $259.8M | ||
| Q3 24 | $25.5M | $69.2M | ||
| Q2 24 | $21.6M | $83.0M |
| Q1 26 | — | — | ||
| Q4 25 | $-8.6M | — | ||
| Q3 25 | $18.1M | — | ||
| Q2 25 | $31.0M | — | ||
| Q1 25 | $12.8M | — | ||
| Q4 24 | $26.7M | — | ||
| Q3 24 | $22.0M | — | ||
| Q2 24 | $18.2M | — |
| Q1 26 | — | — | ||
| Q4 25 | -3.9% | — | ||
| Q3 25 | 8.4% | — | ||
| Q2 25 | 13.4% | — | ||
| Q1 25 | 6.0% | — | ||
| Q4 24 | 13.0% | — | ||
| Q3 24 | 11.3% | — | ||
| Q2 24 | 8.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | — | ||
| Q3 25 | 5.6% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | 1.9% | — | ||
| Q3 24 | 1.8% | — | ||
| Q2 24 | 1.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 8.48× | ||
| Q3 25 | 4.12× | 11.51× | ||
| Q2 25 | 2.68× | 10.22× | ||
| Q1 25 | 1.97× | 7.23× | ||
| Q4 24 | 5.88× | — | ||
| Q3 24 | 1.34× | 5.60× | ||
| Q2 24 | 0.93× | 8.02× |
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% |
IRT
| Rental and other property revenue | $165.2M | 100% |
| Other revenue | $109.0K | 0% |
