vs

Side-by-side financial comparison of Dine Brands Global, Inc. (DIN) and Paylocity Holding Corp (PCTY). Click either name above to swap in a different company.

Paylocity Holding Corp is the larger business by last-quarter revenue ($387.0M vs $217.6M, roughly 1.8× Dine Brands Global, Inc.). Paylocity Holding Corp runs the higher net margin — 13.0% vs -5.6%, a 18.6% gap on every dollar of revenue. On growth, Paylocity Holding Corp posted the faster year-over-year revenue change (11.3% vs 6.3%). Paylocity Holding Corp produced more free cash flow last quarter ($113.6M vs $-8.6M). Over the past eight quarters, Dine Brands Global, Inc.'s revenue compounded faster (2.7% 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.

Paylocity Holding Corporation is an American provider of cloud-based payroll, , spend management, and human capital management (HCM) software.

DIN vs PCTY — Head-to-Head

Bigger by revenue
PCTY
PCTY
1.8× larger
PCTY
$387.0M
$217.6M
DIN
Growing faster (revenue YoY)
PCTY
PCTY
+5.0% gap
PCTY
11.3%
6.3%
DIN
Higher net margin
PCTY
PCTY
18.6% more per $
PCTY
13.0%
-5.6%
DIN
More free cash flow
PCTY
PCTY
$122.2M more FCF
PCTY
$113.6M
$-8.6M
DIN
Faster 2-yr revenue CAGR
DIN
DIN
Annualised
DIN
2.7%
2.7%
PCTY

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
DIN
DIN
PCTY
PCTY
Revenue
$217.6M
$387.0M
Net Profit
$-12.2M
$50.2M
Gross Margin
42.4%
72.9%
Operating Margin
-7.6%
18.2%
Net Margin
-5.6%
13.0%
Revenue YoY
6.3%
11.3%
Net Profit YoY
-336.1%
34.0%
EPS (diluted)
$-0.79
$0.92

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
PCTY
PCTY
Q4 25
$217.6M
$387.0M
Q3 25
$216.2M
$378.9M
Q2 25
$230.8M
$369.9M
Q1 25
$214.8M
$421.1M
Q4 24
$204.8M
$347.7M
Q3 24
$195.0M
$333.1M
Q2 24
$206.3M
$324.7M
Q1 24
$206.2M
$366.8M
Net Profit
DIN
DIN
PCTY
PCTY
Q4 25
$-12.2M
$50.2M
Q3 25
$7.3M
$48.0M
Q2 25
$13.8M
$48.6M
Q1 25
$8.2M
$91.5M
Q4 24
$5.2M
$37.5M
Q3 24
$19.1M
$49.6M
Q2 24
$23.2M
$48.8M
Q1 24
$17.5M
$85.3M
Gross Margin
DIN
DIN
PCTY
PCTY
Q4 25
42.4%
72.9%
Q3 25
39.1%
73.9%
Q2 25
40.0%
73.5%
Q1 25
42.0%
77.1%
Q4 24
41.7%
72.6%
Q3 24
47.8%
74.4%
Q2 24
48.1%
74.0%
Q1 24
47.2%
77.8%
Operating Margin
DIN
DIN
PCTY
PCTY
Q4 25
-7.6%
18.2%
Q3 25
4.7%
19.6%
Q2 25
8.2%
17.9%
Q1 25
6.0%
30.2%
Q4 24
3.8%
13.4%
Q3 24
13.6%
19.3%
Q2 24
15.1%
19.4%
Q1 24
11.7%
29.0%
Net Margin
DIN
DIN
PCTY
PCTY
Q4 25
-5.6%
13.0%
Q3 25
3.4%
12.7%
Q2 25
6.0%
13.1%
Q1 25
3.8%
21.7%
Q4 24
2.5%
10.8%
Q3 24
9.8%
14.9%
Q2 24
11.2%
15.0%
Q1 24
8.5%
23.3%
EPS (diluted)
DIN
DIN
PCTY
PCTY
Q4 25
$-0.79
$0.92
Q3 25
$0.48
$0.86
Q2 25
$0.89
$0.87
Q1 25
$0.53
$1.61
Q4 24
$0.35
$0.66
Q3 24
$1.24
$0.88
Q2 24
$1.50
$0.85
Q1 24
$1.13
$1.50

Balance Sheet & Financial Strength

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

Metric
DIN
DIN
PCTY
PCTY
Cash + ST InvestmentsLiquidity on hand
$128.2M
$162.5M
Total DebtLower is stronger
$1.2B
$81.3M
Stockholders' EquityBook value
$-273.9M
$1.1B
Total Assets
$1.7B
$7.0B
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DIN
DIN
PCTY
PCTY
Q4 25
$128.2M
$162.5M
Q3 25
$167.9M
$165.2M
Q2 25
$194.2M
$398.1M
Q1 25
$186.5M
$477.8M
Q4 24
$186.7M
$482.4M
Q3 24
$169.6M
$778.5M
Q2 24
$153.5M
$401.8M
Q1 24
$145.0M
$492.7M
Total Debt
DIN
DIN
PCTY
PCTY
Q4 25
$1.2B
$81.3M
Q3 25
$1.2B
$81.3M
Q2 25
$1.2B
$162.5M
Q1 25
$1.2B
$243.8M
Q4 24
$1.2B
$325.0M
Q3 24
$1.2B
$325.0M
Q2 24
$1.2B
$0
Q1 24
$1.2B
Stockholders' Equity
DIN
DIN
PCTY
PCTY
Q4 25
$-273.9M
$1.1B
Q3 25
$-231.9M
$1.1B
Q2 25
$-212.5M
$1.2B
Q1 25
$-215.7M
$1.2B
Q4 24
$-216.0M
$1.2B
Q3 24
$-216.7M
$1.1B
Q2 24
$-231.7M
$1.0B
Q1 24
$-244.8M
$1.1B
Total Assets
DIN
DIN
PCTY
PCTY
Q4 25
$1.7B
$7.0B
Q3 25
$1.8B
$4.2B
Q2 25
$1.8B
$4.4B
Q1 25
$1.8B
$5.2B
Q4 24
$1.8B
$5.3B
Q3 24
$1.7B
$4.0B
Q2 24
$1.7B
$4.2B
Q1 24
$1.7B
$5.0B
Debt / Equity
DIN
DIN
PCTY
PCTY
Q4 25
0.07×
Q3 25
0.07×
Q2 25
0.13×
Q1 25
0.20×
Q4 24
0.28×
Q3 24
0.29×
Q2 24
0.00×
Q1 24

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
PCTY
PCTY
Operating Cash FlowLast quarter
$5.7M
$117.0M
Free Cash FlowOCF − Capex
$-8.6M
$113.6M
FCF MarginFCF / Revenue
-3.9%
29.4%
Capex IntensityCapex / Revenue
6.6%
0.9%
Cash ConversionOCF / Net Profit
2.33×
TTM Free Cash FlowTrailing 4 quarters
$53.4M
$461.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DIN
DIN
PCTY
PCTY
Q4 25
$5.7M
$117.0M
Q3 25
$30.2M
$86.5M
Q2 25
$37.0M
$86.6M
Q1 25
$16.1M
$186.0M
Q4 24
$30.5M
$54.2M
Q3 24
$25.5M
$91.5M
Q2 24
$21.6M
$79.9M
Q1 24
$30.6M
$167.5M
Free Cash Flow
DIN
DIN
PCTY
PCTY
Q4 25
$-8.6M
$113.6M
Q3 25
$18.1M
$82.7M
Q2 25
$31.0M
$81.1M
Q1 25
$12.8M
$183.7M
Q4 24
$26.7M
$51.2M
Q3 24
$22.0M
$89.1M
Q2 24
$18.2M
$73.6M
Q1 24
$27.2M
$162.0M
FCF Margin
DIN
DIN
PCTY
PCTY
Q4 25
-3.9%
29.4%
Q3 25
8.4%
21.8%
Q2 25
13.4%
21.9%
Q1 25
6.0%
43.6%
Q4 24
13.0%
14.7%
Q3 24
11.3%
26.8%
Q2 24
8.8%
22.7%
Q1 24
13.2%
44.2%
Capex Intensity
DIN
DIN
PCTY
PCTY
Q4 25
6.6%
0.9%
Q3 25
5.6%
1.0%
Q2 25
2.6%
1.5%
Q1 25
1.5%
0.5%
Q4 24
1.9%
0.9%
Q3 24
1.8%
0.7%
Q2 24
1.7%
1.9%
Q1 24
1.6%
1.5%
Cash Conversion
DIN
DIN
PCTY
PCTY
Q4 25
2.33×
Q3 25
4.12×
1.80×
Q2 25
2.68×
1.78×
Q1 25
1.97×
2.03×
Q4 24
5.88×
1.45×
Q3 24
1.34×
1.84×
Q2 24
0.93×
1.64×
Q1 24
1.75×
1.96×

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%

PCTY
PCTY

Recurring Fees$370.1M96%
Implementation Services And Other$16.9M4%

Related Comparisons