Dine Brands Global, Inc.
DIN · Retail-Eating Places · 12.7M shares · -3%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $14M (gross $26M, SBC $12M)
Reference price $28.88 · est. market cap ~$366M — last insider sale, 2026-05-08 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C59Asset-light IHOP/Applebee's franchisor generating steady cash but carrying heavy securitized leverage and a negative book equity.
Strengths
- Healthy franchise FCF margin 6% (68th pct) and Applebee's returning to positive same-restaurant sales (+1.3%)
- Capital-light royalty model with diversified unit base
Risks
- Negative equity / D-E -4.3 from ~$1.2B securitized debt; ROE -6.2% (26th pct), ROA ~1%
- Declining system sales, IHOP/Fuzzy's negative comps and a $29M Fuzzy's tradename impairment
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Negative equityNegative book equity (debt/equity -4.34)
- Weak liquidityCurrent ratio 0.96 (<1)
- Strong balance sheetStrong balance sheet — $128M cash & investments
- Insider buyingInsider buying — 8 open-market buy(s) by 1 insider(s) (~$217,560, last 6mo) Form 4 ↗
- Buying back stockNet buyback — share count -3%/yr over 4y
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
40.9%
Net margin
1.9%
Return on equity
-6.2%
Return on assets
1.0%
Revenue growth (QoQ)
3.5%
Net-income growth
-73.6%
Debt / equity
-4.3×
Current ratio
1.0×
Free cash flow
$53M
Tangible book value
-$1.1B
Cash & investments
$128M
Stock comp / revenue
1.5%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-27 | DAHL RICHARD J | Option exercise | 3.6K | $31.02 |
| 2026-05-08 | Hyter Michael | Sell | 1.8K | $28.88 |
| 2026-03-13 | PASQUALE DOUGLAS M | Buy | 1.0K | $27.75 |
| 2026-03-12 | PASQUALE DOUGLAS M | Buy | 1.0K | $28.50 |
| 2026-03-12 | PASQUALE DOUGLAS M | Buy | 1.0K | $28.00 |
| 2026-03-10 | PASQUALE DOUGLAS M | Buy | 1.0K | $29.00 |
| 2026-03-09 | PASQUALE DOUGLAS M | Buy | 500 | $30.00 |
| 2026-03-06 | Starrs Artie | Option exercise | 4.9K | $31.58 |
| 2026-03-06 | Ryan Matthew T. | Option exercise | 4.9K | $31.58 |
| 2026-03-06 | Poulter Martha | Option exercise | 4.9K | $31.58 |
| 2026-03-06 | Son Christine K. | Tax withheld | 1.2K | $31.58 |
| 2026-03-06 | Son Christine K. | Tax withheld | 2.8K | $31.58 |
| 2026-03-06 | DAHL RICHARD J | Option exercise | 4.9K | $31.58 |
| 2026-03-06 | Berk Howard M | Option exercise | 4.9K | $31.58 |
| 2026-03-06 | Hyter Michael | Option exercise | 4.9K | $31.58 |
| 2026-03-06 | PASQUALE DOUGLAS M | Option exercise | 4.9K | $31.58 |
| 2026-03-06 | Chang Vance YuWen | Tax withheld | 1.4K | $31.58 |
| 2026-03-06 | Chang Vance YuWen | Tax withheld | 2.3K | $31.58 |
| 2026-03-06 | Kim Lawrence Y. | Tax withheld | 2.3K | $31.58 |
| 2026-03-06 | Peyton John W. | Tax withheld | 11K | $31.58 |
| 2026-03-06 | Peyton John W. | Tax withheld | 3.3K | $31.58 |
| 2026-03-06 | Tomovich Lilian | Option exercise | 4.9K | $31.58 |
| 2026-03-03 | PASQUALE DOUGLAS M | Buy | 1.5K | $29.50 |
| 2026-03-03 | Chang Vance YuWen | Tax withheld | 678 | $30.92 |
| 2026-03-03 | Son Christine K. | Tax withheld | 622 | $30.92 |
| 2026-03-03 | Peyton John W. | Tax withheld | 2.2K | $30.92 |
| 2026-03-02 | PASQUALE DOUGLAS M | Buy | 1.0K | $30.00 |
| 2026-03-02 | PASQUALE DOUGLAS M | Buy | 500 | $30.12 |
| 2026-02-27 | Peyton John W. | Tax withheld | 4.4K | $30.96 |
| 2026-02-27 | Peyton John W. | Grant | 57K | — |
| 2026-02-27 | Chang Vance YuWen | Tax withheld | 979 | $30.96 |
| 2026-02-27 | Chang Vance YuWen | Grant | 10K | — |
| 2026-02-27 | Camperlingo Joseph F. | Grant | 4.5K | — |
| 2026-02-27 | Camperlingo Joseph F. | Grant | 277 | — |
| 2026-02-27 | Kim Lawrence Y. | Grant | 15K | — |
| 2026-02-27 | Son Christine K. | Tax withheld | 825 | $30.96 |
| 2026-02-27 | Son Christine K. | Grant | 10K | — |
| 2025-12-05 | Poulter Martha | Buy | 650 | $33.16 |
| 2025-11-21 | DAHL RICHARD J | Buy | 3.6K | $27.47 |
| 2025-11-16 | Kim Lawrence Y. | Tax withheld | 3.7K | $26.49 |
| 2025-11-07 | Berk Howard M | Buy | 4.1K | $24.50 |
| 2025-08-21 | Chang Vance YuWen | Buy | 2.3K | $21.10 |
| 2025-08-19 | Peyton John W. | Buy | 4.5K | $22.11 |
| 2025-06-16 | Chang Vance YuWen | Tax withheld | 788 | $26.42 |
| 2025-03-07 | Son Christine K. | Grant | 33K | — |
| 2025-03-07 | Peyton John W. | Grant | 85K | — |
| 2025-03-07 | Kim Lawrence Y. | Grant | 19K | — |
| 2025-03-07 | Hall Allison | Grant | 3.5K | — |
| 2025-03-07 | Chang Vance YuWen | Grant | 31K | — |
| 2025-03-04 | Moralejo Tony E. | Tax withheld | 281 | $23.47 |
| 2025-03-04 | Son Christine K. | Tax withheld | 466 | $23.47 |
| 2025-03-04 | Peyton John W. | Tax withheld | 2.4K | $23.47 |
| 2025-03-04 | Hall Allison | Tax withheld | 196 | $23.47 |
| 2025-03-04 | Moralejo Tony E. | Tax withheld | 653 | $23.47 |
| 2025-03-04 | Chang Vance YuWen | Tax withheld | 511 | $23.47 |
| 2025-03-03 | Son Christine K. | Tax withheld | 643 | $23.98 |
| 2025-03-03 | Chang Vance YuWen | Tax withheld | 681 | $23.98 |
| 2025-03-03 | Peyton John W. | Tax withheld | 2.2K | $23.98 |
| 2025-03-03 | Moralejo Tony E. | Tax withheld | 520 | $23.98 |
| 2025-03-03 | Hall Allison | Tax withheld | 183 | $23.98 |
| 2025-02-28 | Hall Allison | Tax withheld | 352 | $25.08 |
| 2025-02-28 | Chang Vance YuWen | Tax withheld | 977 | $25.08 |
| 2025-02-28 | Tomovich Lilian | Option exercise | 2.8K | $25.08 |
| 2025-02-28 | Starrs Artie | Option exercise | 2.8K | $25.08 |
| 2025-02-28 | Ryan Matthew T. | Option exercise | 2.3K | $25.08 |
| 2025-02-28 | Poulter Martha | Option exercise | 2.8K | $2,787.31 |
| 2025-02-28 | PASQUALE DOUGLAS M | Option exercise | 2.8K | $25.08 |
| 2025-02-28 | NAHAS CAROLINE W | Option exercise | 2.8K | $25.08 |
| 2025-02-28 | Hyter Michael | Option exercise | 2.8K | $25.08 |
| 2025-02-28 | DAHL RICHARD J | Option exercise | 2.8K | $25.08 |
| 2025-02-28 | Berk Howard M | Option exercise | 2.8K | $25.08 |
| 2025-02-28 | Son Christine K. | Tax withheld | 823 | $25.08 |
| 2025-02-28 | Peyton John W. | Tax withheld | 4.4K | $25.08 |
| 2025-02-28 | Moralejo Tony E. | Tax withheld | 1.1K | $25.08 |
| 2025-01-15 | Hall Allison | Grant | 342 | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-02 | 2026-06-01 | 0001193125-26-253783 ↗ |
| 8-K | 2026-05-19 | 2026-05-14 | 0001193125-26-231043 ↗ |
| 8-K | 2026-05-14 | 2026-05-14 | 0001193125-26-222891 ↗ |
| 8-K/A | 2026-05-06 | 2026-05-06 | 0001193125-26-208752 ↗ |
| 10-Q | 2026-05-06 | 2026-03-29 | 0001628280-26-030905 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001193125-26-207550 ↗ |
| 10-K | 2026-02-25 | 2025-12-28 | 0001628280-26-011393 ↗ |
| 8-K | 2026-02-25 | 2026-02-25 | 0001193125-26-068524 ↗ |
| 8-K | 2026-02-20 | 2026-02-20 | 0001193125-26-060391 ↗ |
| 8-K/A | 2026-02-20 | 2026-02-01 | 0001193125-26-061624 ↗ |
| 8-K | 2026-02-03 | 2026-02-01 | 0001193125-26-035676 ↗ |
| 10-Q | 2025-11-05 | 2025-09-30 | 0001628280-25-049239 ↗ |