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Side-by-side financial comparison of Dine Brands Global, Inc. (DIN) and Turning Point Brands, Inc. (TPB). 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 $121.0M, roughly 1.8× Turning Point Brands, Inc.). Turning Point Brands, Inc. runs the higher net margin — 6.8% vs -5.6%, a 12.4% gap on every dollar of revenue. On growth, Turning Point Brands, Inc. posted the faster year-over-year revenue change (29.2% vs 6.3%). Turning Point Brands, Inc. produced more free cash flow last quarter ($21.5M vs $-8.6M). Over the past eight quarters, Turning Point Brands, Inc.'s revenue compounded faster (20.7% 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.

Turning Point Australia (TPAUS) is a conservative lobby group based in Australia, affiliated with Turning Point USA but independent of it. Founded by Joel Jammal and first registered in 2023, the group has become active in trying to influence the outcome of the 2026 South Australian state election in March 2026.

DIN vs TPB — Head-to-Head

Bigger by revenue
DIN
DIN
1.8× larger
DIN
$217.6M
$121.0M
TPB
Growing faster (revenue YoY)
TPB
TPB
+22.9% gap
TPB
29.2%
6.3%
DIN
Higher net margin
TPB
TPB
12.4% more per $
TPB
6.8%
-5.6%
DIN
More free cash flow
TPB
TPB
$30.1M more FCF
TPB
$21.5M
$-8.6M
DIN
Faster 2-yr revenue CAGR
TPB
TPB
Annualised
TPB
20.7%
2.7%
DIN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DIN
DIN
TPB
TPB
Revenue
$217.6M
$121.0M
Net Profit
$-12.2M
$8.2M
Gross Margin
42.4%
55.9%
Operating Margin
-7.6%
16.5%
Net Margin
-5.6%
6.8%
Revenue YoY
6.3%
29.2%
Net Profit YoY
-336.1%
239.8%
EPS (diluted)
$-0.79
$0.40

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
TPB
TPB
Q4 25
$217.6M
$121.0M
Q3 25
$216.2M
$119.0M
Q2 25
$230.8M
$116.6M
Q1 25
$214.8M
$106.4M
Q4 24
$204.8M
$93.7M
Q3 24
$195.0M
$90.7M
Q2 24
$206.3M
$93.2M
Q1 24
$206.2M
$83.1M
Net Profit
DIN
DIN
TPB
TPB
Q4 25
$-12.2M
$8.2M
Q3 25
$7.3M
$21.1M
Q2 25
$13.8M
$14.5M
Q1 25
$8.2M
$14.4M
Q4 24
$5.2M
$2.4M
Q3 24
$19.1M
$12.4M
Q2 24
$23.2M
$13.0M
Q1 24
$17.5M
$12.0M
Gross Margin
DIN
DIN
TPB
TPB
Q4 25
42.4%
55.9%
Q3 25
39.1%
59.2%
Q2 25
40.0%
57.1%
Q1 25
42.0%
56.0%
Q4 24
41.7%
56.0%
Q3 24
47.8%
55.6%
Q2 24
48.1%
54.1%
Q1 24
47.2%
58.2%
Operating Margin
DIN
DIN
TPB
TPB
Q4 25
-7.6%
16.5%
Q3 25
4.7%
21.8%
Q2 25
8.2%
22.6%
Q1 25
6.0%
21.8%
Q4 24
3.8%
19.1%
Q3 24
13.6%
22.9%
Q2 24
15.1%
24.5%
Q1 24
11.7%
23.2%
Net Margin
DIN
DIN
TPB
TPB
Q4 25
-5.6%
6.8%
Q3 25
3.4%
17.7%
Q2 25
6.0%
12.4%
Q1 25
3.8%
13.5%
Q4 24
2.5%
2.6%
Q3 24
9.8%
13.6%
Q2 24
11.2%
14.0%
Q1 24
8.5%
14.5%
EPS (diluted)
DIN
DIN
TPB
TPB
Q4 25
$-0.79
$0.40
Q3 25
$0.48
$1.13
Q2 25
$0.89
$0.79
Q1 25
$0.53
$0.79
Q4 24
$0.35
$0.15
Q3 24
$1.24
$0.68
Q2 24
$1.50
$0.68
Q1 24
$1.13
$0.63

Balance Sheet & Financial Strength

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

Metric
DIN
DIN
TPB
TPB
Cash + ST InvestmentsLiquidity on hand
$128.2M
$222.8M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$-273.9M
$372.0M
Total Assets
$1.7B
$763.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DIN
DIN
TPB
TPB
Q4 25
$128.2M
$222.8M
Q3 25
$167.9M
$201.2M
Q2 25
$194.2M
$109.9M
Q1 25
$186.5M
$99.6M
Q4 24
$186.7M
$48.9M
Q3 24
$169.6M
$33.6M
Q2 24
$153.5M
$142.2M
Q1 24
$145.0M
$130.9M
Total Debt
DIN
DIN
TPB
TPB
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
Stockholders' Equity
DIN
DIN
TPB
TPB
Q4 25
$-273.9M
$372.0M
Q3 25
$-231.9M
$358.2M
Q2 25
$-212.5M
$224.8M
Q1 25
$-215.7M
$203.4M
Q4 24
$-216.0M
$190.4M
Q3 24
$-216.7M
$185.7M
Q2 24
$-231.7M
$172.8M
Q1 24
$-244.8M
$160.0M
Total Assets
DIN
DIN
TPB
TPB
Q4 25
$1.7B
$763.8M
Q3 25
$1.8B
$742.8M
Q2 25
$1.8B
$595.8M
Q1 25
$1.8B
$564.6M
Q4 24
$1.8B
$493.4M
Q3 24
$1.7B
$488.0M
Q2 24
$1.7B
$591.6M
Q1 24
$1.7B
$586.3M

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
TPB
TPB
Operating Cash FlowLast quarter
$5.7M
$24.9M
Free Cash FlowOCF − Capex
$-8.6M
$21.5M
FCF MarginFCF / Revenue
-3.9%
17.8%
Capex IntensityCapex / Revenue
6.6%
2.8%
Cash ConversionOCF / Net Profit
3.03×
TTM Free Cash FlowTrailing 4 quarters
$53.4M
$43.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DIN
DIN
TPB
TPB
Q4 25
$5.7M
$24.9M
Q3 25
$30.2M
$3.3M
Q2 25
$37.0M
$11.8M
Q1 25
$16.1M
$17.4M
Q4 24
$30.5M
$17.7M
Q3 24
$25.5M
$13.2M
Q2 24
$21.6M
$13.4M
Q1 24
$30.6M
$22.6M
Free Cash Flow
DIN
DIN
TPB
TPB
Q4 25
$-8.6M
$21.5M
Q3 25
$18.1M
$-721.0K
Q2 25
$31.0M
$7.8M
Q1 25
$12.8M
$15.2M
Q4 24
$26.7M
$16.6M
Q3 24
$22.0M
$12.6M
Q2 24
$18.2M
$10.9M
Q1 24
$27.2M
$22.3M
FCF Margin
DIN
DIN
TPB
TPB
Q4 25
-3.9%
17.8%
Q3 25
8.4%
-0.6%
Q2 25
13.4%
6.7%
Q1 25
6.0%
14.3%
Q4 24
13.0%
17.8%
Q3 24
11.3%
13.9%
Q2 24
8.8%
11.7%
Q1 24
13.2%
26.8%
Capex Intensity
DIN
DIN
TPB
TPB
Q4 25
6.6%
2.8%
Q3 25
5.6%
3.4%
Q2 25
2.6%
3.4%
Q1 25
1.5%
2.1%
Q4 24
1.9%
1.2%
Q3 24
1.8%
0.7%
Q2 24
1.7%
2.7%
Q1 24
1.6%
0.4%
Cash Conversion
DIN
DIN
TPB
TPB
Q4 25
3.03×
Q3 25
4.12×
0.16×
Q2 25
2.68×
0.82×
Q1 25
1.97×
1.21×
Q4 24
5.88×
7.34×
Q3 24
1.34×
1.07×
Q2 24
0.93×
1.03×
Q1 24
1.75×
1.89×

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%

TPB
TPB

US$111.5M92%
Non Us$9.6M8%

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