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Side-by-side financial comparison of Dine Brands Global, Inc. (DIN) and Skyward Specialty Insurance Group, Inc. (SKWD). Click either name above to swap in a different company.
Skyward Specialty Insurance Group, Inc. is the larger business by last-quarter revenue ($385.6M vs $217.6M, roughly 1.8× Dine Brands Global, Inc.). Skyward Specialty Insurance Group, Inc. runs the higher net margin — 11.2% vs -5.6%, a 16.8% gap on every dollar of revenue. On growth, Skyward Specialty Insurance Group, Inc. posted the faster year-over-year revenue change (26.7% vs 6.3%). Skyward Specialty Insurance Group, Inc. produced more free cash flow last quarter ($402.6M vs $-8.6M). Over the past eight quarters, Skyward Specialty Insurance Group, Inc.'s revenue compounded faster (20.6% 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.
Skyward Specialty Insurance Group, Inc. is a specialty property and casualty insurance provider offering tailored coverage solutions including commercial auto, general liability, professional indemnity, and specialty property policies. It primarily serves small-to-medium enterprises and niche industry segments across the United States, focusing on underwriting complex, hard-to-place risks for underserved client groups.
DIN vs SKWD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $217.6M | $385.6M |
| Net Profit | $-12.2M | $43.2M |
| Gross Margin | 42.4% | — |
| Operating Margin | -7.6% | 14.2% |
| Net Margin | -5.6% | 11.2% |
| Revenue YoY | 6.3% | 26.7% |
| Net Profit YoY | -336.1% | 200.1% |
| EPS (diluted) | $-0.79 | $1.03 |
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 | $385.6M | ||
| Q3 25 | $216.2M | $382.5M | ||
| Q2 25 | $230.8M | $319.9M | ||
| Q1 25 | $214.8M | $328.5M | ||
| Q4 24 | $204.8M | $304.4M | ||
| Q3 24 | $195.0M | $300.9M | ||
| Q2 24 | $206.3M | $279.9M | ||
| Q1 24 | $206.2M | $265.0M |
| Q4 25 | $-12.2M | $43.2M | ||
| Q3 25 | $7.3M | $45.9M | ||
| Q2 25 | $13.8M | $38.8M | ||
| Q1 25 | $8.2M | $42.1M | ||
| Q4 24 | $5.2M | $14.4M | ||
| Q3 24 | $19.1M | $36.7M | ||
| Q2 24 | $23.2M | $31.0M | ||
| Q1 24 | $17.5M | $36.8M |
| 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% | 14.2% | ||
| Q3 25 | 4.7% | 15.8% | ||
| Q2 25 | 8.2% | 15.6% | ||
| Q1 25 | 6.0% | 15.7% | ||
| Q4 24 | 3.8% | 6.1% | ||
| Q3 24 | 13.6% | 15.6% | ||
| Q2 24 | 15.1% | 14.4% | ||
| Q1 24 | 11.7% | 17.7% |
| Q4 25 | -5.6% | 11.2% | ||
| Q3 25 | 3.4% | 12.0% | ||
| Q2 25 | 6.0% | 12.1% | ||
| Q1 25 | 3.8% | 12.8% | ||
| Q4 24 | 2.5% | 4.7% | ||
| Q3 24 | 9.8% | 12.2% | ||
| Q2 24 | 11.2% | 11.1% | ||
| Q1 24 | 8.5% | 13.9% |
| Q4 25 | $-0.79 | $1.03 | ||
| Q3 25 | $0.48 | $1.10 | ||
| Q2 25 | $0.89 | $0.93 | ||
| Q1 25 | $0.53 | $1.01 | ||
| Q4 24 | $0.35 | $0.33 | ||
| Q3 24 | $1.24 | $0.89 | ||
| Q2 24 | $1.50 | $0.75 | ||
| Q1 24 | $1.13 | $0.90 |
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 | $168.5M |
| Total DebtLower is stronger | $1.2B | — |
| Stockholders' EquityBook value | $-273.9M | $1.0B |
| Total Assets | $1.7B | $4.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $128.2M | $168.5M | ||
| Q3 25 | $167.9M | $160.1M | ||
| Q2 25 | $194.2M | $136.6M | ||
| Q1 25 | $186.5M | $112.9M | ||
| Q4 24 | $186.7M | $121.6M | ||
| Q3 24 | $169.6M | $105.6M | ||
| Q2 24 | $153.5M | $73.0M | ||
| Q1 24 | $145.0M | $85.1M |
| 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 | $961.4M | ||
| Q2 25 | $-212.5M | $899.9M | ||
| Q1 25 | $-215.7M | $850.7M | ||
| Q4 24 | $-216.0M | $794.0M | ||
| Q3 24 | $-216.7M | $797.5M | ||
| Q2 24 | $-231.7M | $723.6M | ||
| Q1 24 | $-244.8M | $692.3M |
| Q4 25 | $1.7B | $4.8B | ||
| Q3 25 | $1.8B | $4.6B | ||
| Q2 25 | $1.8B | $4.3B | ||
| Q1 25 | $1.8B | $4.0B | ||
| Q4 24 | $1.8B | $3.7B | ||
| Q3 24 | $1.7B | $3.6B | ||
| Q2 24 | $1.7B | $3.4B | ||
| Q1 24 | $1.7B | $3.2B |
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 | $408.1M |
| Free Cash FlowOCF − Capex | $-8.6M | $402.6M |
| FCF MarginFCF / Revenue | -3.9% | 104.4% |
| Capex IntensityCapex / Revenue | 6.6% | 1.4% |
| Cash ConversionOCF / Net Profit | — | 9.44× |
| TTM Free Cash FlowTrailing 4 quarters | $53.4M | $755.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.7M | $408.1M | ||
| Q3 25 | $30.2M | $171.4M | ||
| Q2 25 | $37.0M | $88.2M | ||
| Q1 25 | $16.1M | $96.8M | ||
| Q4 24 | $30.5M | $305.1M | ||
| Q3 24 | $25.5M | $168.0M | ||
| Q2 24 | $21.6M | $21.0M | ||
| Q1 24 | $30.6M | $94.3M |
| Q4 25 | $-8.6M | $402.6M | ||
| Q3 25 | $18.1M | $168.9M | ||
| Q2 25 | $31.0M | $87.1M | ||
| Q1 25 | $12.8M | $96.6M | ||
| Q4 24 | $26.7M | $300.9M | ||
| Q3 24 | $22.0M | $167.6M | ||
| Q2 24 | $18.2M | $18.4M | ||
| Q1 24 | $27.2M | $94.0M |
| Q4 25 | -3.9% | 104.4% | ||
| Q3 25 | 8.4% | 44.2% | ||
| Q2 25 | 13.4% | 27.2% | ||
| Q1 25 | 6.0% | 29.4% | ||
| Q4 24 | 13.0% | 98.8% | ||
| Q3 24 | 11.3% | 55.7% | ||
| Q2 24 | 8.8% | 6.6% | ||
| Q1 24 | 13.2% | 35.5% |
| Q4 25 | 6.6% | 1.4% | ||
| Q3 25 | 5.6% | 0.6% | ||
| Q2 25 | 2.6% | 0.3% | ||
| Q1 25 | 1.5% | 0.1% | ||
| Q4 24 | 1.9% | 1.4% | ||
| Q3 24 | 1.8% | 0.1% | ||
| Q2 24 | 1.7% | 0.9% | ||
| Q1 24 | 1.6% | 0.1% |
| Q4 25 | — | 9.44× | ||
| Q3 25 | 4.12× | 3.73× | ||
| Q2 25 | 2.68× | 2.27× | ||
| Q1 25 | 1.97× | 2.30× | ||
| Q4 24 | 5.88× | 21.18× | ||
| Q3 24 | 1.34× | 4.58× | ||
| Q2 24 | 0.93× | 0.68× | ||
| Q1 24 | 1.75× | 2.56× |
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% |
SKWD
Segment breakdown not available.
