Dine Brands Global Inc. (DIN) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
10 WEST WALNUT STREET, 5TH FLOOR PASADENA, CA 91103 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 5812 - Eating Places (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 146,034 | 269,655 | 361,412 | 383,369 | 116,043 | 137,164 | |||
| Cash and cash equivalents | 146,034 | 269,655 | 361,412 | 383,369 | 116,043 | 137,164 | |||
| Restricted cash and investments | 35,058 | 38,929 | 47,541 | 39,884 | 40,732 | 48,515 | |||
| Receivables | 127,937 | 119,981 | 119,968 | 121,897 | 136,869 | 137,504 | |||
| Prepaid expense | 32,990 | 33,298 | 38,704 | 35,258 | 49,367 | 17,402 | |||
| Other current assets | 15,759 | 17,901 | 6,728 | 6,098 | 3,906 | 3,410 | |||
| Other undisclosed current assets | 38,195 | ||||||||
| Total current assets: | 357,778 | 479,764 | 574,353 | 586,506 | 346,917 | 382,190 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 275,214 | 289,123 | 335,428 | 346,086 | 366,931 | ✕ | |||
| Net investment in lease, before allowance for credit loss | 16,400 | 14,900 | 10,100 | 14,300 | ✕ | ||||
| Property, plant and equipment | 216,420 | 240,264 | |||||||
| Long-term investments and receivables | 35,600 | 39,700 | 42,500 | 54,500 | 85,999 | 103,102 | |||
| Accounts and financing receivable, after allowance for credit loss | 35,600 | 39,700 | 42,500 | 54,500 | 85,999 | 103,102 | |||
| Intangible assets, net (including goodwill) | 840,095 | 850,984 | 791,018 | 801,299 | 918,965 | 931,203 | |||
| Goodwill | 254,062 | 253,956 | 251,628 | 251,628 | 343,862 | 345,314 | |||
| Intangible assets, net (excluding goodwill) | 586,033 | 597,028 | 539,390 | 549,671 | 575,103 | 585,889 | |||
| Deferred rent receivables, net | 33,326 | 42,329 | 50,257 | 56,449 | 70,308 | 77,069 | |||
| Restricted cash and investments | 19,500 | 16,400 | 16,400 | 32,800 | 15,700 | 14,700 | |||
| Other noncurrent assets | 16,881 | 17,917 | 10,006 | 9,316 | 28,271 | 26,152 | |||
| Other undisclosed noncurrent assets | 145,493 | 130,374 | 169,304 | 173,689 | |||||
| Total noncurrent assets: | 1,382,509 | 1,401,727 | 1,425,013 | 1,488,439 | 1,702,594 | 1,392,490 | |||
| TOTAL ASSETS: | 1,740,287 | 1,881,491 | 1,999,366 | 2,074,945 | 2,049,511 | 1,774,680 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 211,833 | 224,033 | 269,190 | 202,820 | 102,323 | 267,017 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 6,919 | 11,702 | 11,389 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 40,785 | 21,237 | 23,904 | 27,479 | ||
| Accounts payable | 36,193 | 52,067 | 55,956 | 37,424 | 40,925 | 43,468 | |||
| Accrued liabilities | 175,640 | 171,966 | 165,530 | 144,159 | 25,792 | 184,681 | |||
| Deferred revenue | 7,246 | 7,682 | 10,086 | ✕ | |||||
| Debt | 105,900 | 106,600 | 9,900 | 23,600 | 85,715 | 38,400 | |||
| Other liabilities | 37,394 | 24,446 | 17,770 | 22,460 | |||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 10,138 | ||
| Other undisclosed current liabilities | 105,325 | 115,643 | 106,624 | 92,006 | 159,788 | 631 | |||
| Total current liabilities: | 460,452 | 470,722 | 410,730 | 348,568 | 357,912 | 316,186 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,118,891 | 1,272,291 | 1,660,096 | 1,906,171 | 1,724,666 | 1,361,849 | |||
| Long-term debt, excluding current maturities | 1,084,502 | 1,241,914 | 1,279,623 | 1,491,996 | 1,288,248 | 1,274,087 | |||
| Capital lease obligations | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 87,762 | ||
| Finance lease, liability | 34,389 | 30,377 | 59,625 | 69,012 | 77,393 | ✕ | |||
| Liabilities, other than long-term debt | 384,934 | 411,204 | 139,380 | 142,060 | 171,025 | 154,620 | |||
| Accounts payable and accrued liabilities | 62,744 | ||||||||
| Deferred revenue | 38,658 | 42,343 | 46,100 | 52,237 | 56,944 | ✕ | |||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 64,557 | ||
| Deferred income tax liabilities | 60,829 | 74,651 | 76,228 | 78,293 | 98,499 | ✕ | |||
| Other liabilities | 16,350 | 19,090 | 17,052 | 11,530 | 15,582 | 27,319 | |||
| Operating lease, liability | 269,097 | 275,120 | 320,848 | 345,163 | 359,025 | ✕ | |||
| Other undisclosed noncurrent liabilities | 26,984 | 28,358 | 31,967 | 32,797 | 37,682 | 144,298 | |||
| Total noncurrent liabilities: | 1,530,809 | 1,711,853 | 1,831,443 | 2,081,028 | 1,933,373 | 1,660,767 | |||
| Total liabilities: | 1,991,261 | 2,182,575 | 2,242,173 | 2,429,596 | 2,291,285 | 1,976,953 | |||
| Equity | |||||||||
| Equity, attributable to parent | (250,974) | (301,084) | (242,807) | (354,651) | (241,774) | (202,273) | |||
| Common stock | 249 | 250 | 250 | 249 | 249 | 250 | |||
| Treasury stock, value | (657,709) | (645,146) | (534,602) | (556,917) | (549,810) | (450,603) | |||
| Additional paid in capital | 256,542 | 259,339 | 256,189 | 257,625 | 246,192 | 237,726 | |||
| Accumulated other comprehensive loss | (64) | (65) | (59) | (55) | (58) | (60) | |||
| Retained earnings (accumulated deficit) | 150,008 | 84,538 | 35,415 | (55,553) | 61,653 | 10,414 | |||
| Total equity: | (250,974) | (301,084) | (242,807) | (354,651) | (241,774) | (202,273) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,740,287 | 1,881,491 | 1,999,366 | 2,074,945 | 2,049,511 | 1,774,680 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 831,068 | 909,402 | 896,167 | 689,268 | 910,178 | 780,931 | ||
| Cost of revenue | (434,384) | (532,044) | (520,942) | (440,552) | (527,364) | (427,844) | ||
| Cost of goods and services sold | (344,403) | (321,908) | (295,887) | (238,972) | (312,754) | (330,619) | ||
| Other cost of operating revenue | (2,136) | (121,722) | (136,748) | (111,550) | (123,272) | (5,872) | ||
| Gross profit: | 396,684 | 377,358 | 375,225 | 248,716 | 382,814 | 353,087 | ||
| Operating expenses | (214,930) | (198,769) | (184,562) | (157,763) | (175,685) | (178,270) | ||
| Operating income: | 181,754 | 178,589 | 190,663 | 90,953 | 207,129 | 174,817 | ||
| Interest and debt expense | (10) | (67,600) | (71,500) | (66,895) | (68,669) | (64,209) | ||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (132,620) | 13 | ||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 181,744 | 110,989 | 119,163 | (108,562) | 138,473 | 110,608 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (70,041) | 3,796 | 2,760 | |||||
| Income (loss) from continuing operations before income taxes: | 111,703 | 114,785 | 121,923 | (108,562) | 138,473 | 110,608 | ||
| Income tax expense (benefit) | (14,527) | (33,674) | (24,059) | 4,568 | (34,127) | (30,254) | ||
| Income (loss) from continuing operations: | 97,176 | 81,111 | 97,864 | (103,994) | 104,346 | 80,354 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 97,864 | (103,994) | 104,346 | 80,354 | |
| Net income (loss) attributable to parent: | 97,176 | 81,111 | 97,864 | (103,994) | 104,346 | 80,354 | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (2,317) | (2,174) | (2,295) | (420) | (3,532) | (2,711) | ||
| Net income (loss) available to common stockholders, basic: | 94,859 | 78,937 | 95,569 | (104,414) | 100,814 | 77,643 | ||
| Dilutive securities, effect on basic earnings per share | 1 | 13 | 33 | 16 | ||||
| Net income (loss) available to common stockholders, diluted: | 94,859 | 78,938 | 95,582 | (104,414) | 100,847 | 77,659 | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 97,176 | 81,111 | 97,864 | (103,994) | 104,346 | 80,354 | ||
| Other comprehensive income (loss) | 1 | (6) | (4) | 3 | 2 | 45 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 97,177 | 81,105 | 97,860 | (103,991) | 104,348 | 80,399 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.