Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Dine Brands Global, Inc.DIN · shops
GradeBearEweakest fifth of 258 graded peers; percentile 88.3, sampling error 2.9 points; lower is stronger
Rank228 of 258
ProfitabilityDpercentile 73.1
SolvencyDpercentile 75.9
Growth and financingCpercentile 49.9
Reliability0.91 AUCfailure model, filers with $591M to $2.67B assets; 95% interval 0.88 to 0.94; 160 events, 2020 to 2025
Peer failure rate1.01% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size band$591M to $2.67B assetstotal assets $1.7B[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsnone activenot computable: short runway, distress
Inputs computable8 of 14
Graded fromfilings received through Feb 25, 2026226 days before the rescan; every figure keyed to the SEC receipt date
Last close$29.482026-10-08; market equity $373.2M; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$30NovDecJanFebMarAprMayJunJulAugSepOctE$29.47
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/a
Mar 21, 2012nonen/aQ4
Mar 21, 2016E96.5Q4
Mar 21, 2021D71.3Q4
Mar 21, 2022E85.9Q4

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Feb 25, 2026; the document on sec.gov.

Dine Brands Global, Inc.®, together with its subsidiaries (referred to as the “Company,” “Dine Brands Global,” “we,” “our” and “us”), owns and franchises the International House of Pancakes® (“IHOP”) restaurant concept in the full-service restaurant family dining category, the Applebee’s Neighborhood Grill + Bar® (“Applebee’s”) restaurant concept in the full-service casual dining category, and the Fuzzy’s Taco Shop® (“Fuzzy’s”) restaurant concept in the limited-service fast-casual dining category. References herein to IHOP®, Applebee’s® and Fuzzy’s restaurants are to these three restaurant concepts, whether operated by franchisees, area licensees and their sub-licensees or by the Company.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 73.1
Gross profitability20.7%[1,3]42.6%80.12422025-12-28
Return on invested capitalnot computable10.9%
one or more required annual facts are missing
Accruals ratio(4.1%)[1,4-6](4.9%)62.62872025-12-28
Gross margin stability, five years2.8 pts[2-3,7-14]1.2 pts76.62192025-12-28
Solvency, sleeve percentile 75.9
Twelve-month failure probabilitynot computable0.04%
latest liabilities, cash plus short-term investments, book equity, and shares are required
Altman Z double-primenot computable1.92
one or more required annual facts are missing
Net debt to EBITDAnot computable1.84x
one or more required annual facts are missing
Interest coveragenot computable2.26x
one or more required annual facts are missing
Current ratio0.96x[15-16]1.37x75.92952025-12-28
Growth and financing, sleeve percentile 49.9
Revenue growth, three-year compound(1.1%)[2,8,10,12]1.5%61.92692025-12-28
Free cash flow growth, three-year compound(0.4%)[5,17-23]5.6%65.11472025-12-28
Reinvestment ratenot computable7.3%
one or more required annual facts are missing
Asset growth, three years(2.6%)[1,6,24-25]3.4%71.22722025-12-28
Net share issuance, one year(14.5%)[26-27](0.6%)1.42112026-01-23

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite 0.377; sampling error 2.9 percentile points on 258 peers.

Among 258 Peers [top]

ABCDECOST, Costco Wholesale Corp.; A, percentile 4.7; market equity $420.1B; warnings: fortress balance sheetCOSTAMZN, Amazon COM Inc.; A/B, percentile 20.2; market equity $2.7T; warnings: fortress balance sheetAMZNHD, Home Depot, Inc.; B, percentile 32.3; market equity $294.8BHDTJX, TJX Companies Inc.; C, percentile 43.6; market equity $152.6BTJXWMT, Walmart Inc.; C, percentile 52.9; market equity $877.2BWMTMCD, Mcdonalds Corp.; D, percentile 63.4; market equity $167.6BMCDDIN 88.3strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
223Petmed Express Inc. (PETS)

Petmed Express Inc. (PETS)

Eweakest fifth; percentile 86.4

Nasdaq · Retail-Drug Stores and Proprietary Stores

market equity $27.7M; last close $1.27

Warnings: late filer; 7 of 14 inputs

86.4Elate filer
224Tilly'S, Inc. (TLYS)

Tilly'S, Inc. (TLYS)

Eweakest fifth; percentile 86.8

NYSE · Retail-Apparel & Accessory Stores

last close $4.43

No active warnings; 7 of 14 inputs

86.8E
225Bark, Inc. (BARK)

Bark, Inc. (BARK)

Eweakest fifth; percentile 87.2

NYSE · Retail-Retail Stores, NEC

market equity $74.2M; last close $8.25

Warnings: fortress balance sheet; 8 of 14 inputs

87.2Efortress balance sheet
226Greenlane Holdings, Inc. (GNLN)

Greenlane Holdings, Inc. (GNLN)

Eweakest fifth; percentile 87.5

Nasdaq · Wholesale-Durable Goods, NEC

market equity $2.0M; last close $2.77

Warnings: short runway; 7 of 14 inputs

87.5Eshort runway
227Greenwave Technology Solutions, Inc. (GWAV)

Greenwave Technology Solutions, Inc. (GWAV)

Eweakest fifth; percentile 87.9

Nasdaq · Wholesale-Metals Service Centers & of fices

market equity $1.9M; last close $2.37

Warnings: dilution, late filer; 8 of 14 inputs

87.9Edilution, late filer
228Dine Brands Global, Inc. (DIN)

Dine Brands Global, Inc. (DIN)

Eweakest fifth; percentile 88.3

NYSE · Retail-Eating Places

market equity $373.1M; last close $29.48

No active warnings; 8 of 14 inputs

88.3E
229Suburban Propane Partners L.P. (SPH)

Suburban Propane Partners L.P. (SPH)

Eweakest fifth; percentile 88.7

NYSE · Retail-Miscellaneous Retail

market equity $1.1B; last close $17.14

No active warnings; 12 of 14 inputs

88.7E
230Cosmos Health Inc. (COSM)

Cosmos Health Inc. (COSM)

Eweakest fifth; percentile 89.1

Nasdaq · Wholesale-Drugs, Proprietaries & Druggists' Sundries

market equity $31.6M; last close $0.31

Warnings: dilution, short runway, late filer, distress; 10 of 14 inputs

89.1Edilution, short runway, late filer, distress
231Childrens Place, Inc. (PLCE)

Childrens Place, Inc. (PLCE)

Eweakest fifth; percentile 89.5

Nasdaq · Retail-Family Clothing Stores

market equity $42.7M; last close $1.91

No active warnings; 8 of 14 inputs

89.5E
232Portillo's Inc. (PTLO)

Portillo's Inc. (PTLO)

Eweakest fifth; percentile 89.9

Nasdaq · Retail-Eating Places

market equity $241.0M; last close $3.89

No active warnings; 7 of 14 inputs

89.9E
233Neighborhood Intelligence, Inc. (BBBYW)

Neighborhood Intelligence, Inc. (BBBYW)

Eweakest fifth; percentile 90.5

Nasdaq · Retail-Catalog & Mail-Order Houses

last close $0.17

Warnings: fortress balance sheet; 7 of 14 inputs

90.5Efortress balance sheet
Peer policyLetterPercentilePeers
all graded filers, equal sleevesE88.12204
sector peers, equal sleeves (the grade)E88.3258
same exchange, equal sleevesE87.7984
sector peers, equal inputsD/E81.7258

Each letter is one fifth of the 258 graded peers, about 51 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month35.3%(0.1%)81hotter than 81 of 100 peers
Distance from 52-week high(24.1%)(24.1%)50closer to its high than 50 of 100 peers
EBIT to enterprise valuenot computable5.3%required accounting or market input is missing
Free cash flow yield14.3%4.2%89pricier than 11 of 100 peers
Book value to price(0.78)0.363pricier than 97 of 100 peers
Sales to price2.361.7562pricier than 38 of 100 peers
Composite equity issuance, five years(48.1%)(16.7%)6more equity-funded than 6 of 100 peers
Relative strength against the sector, log excess return0.330.0281ahead of 81 of 100 peers

Inputs: market equity $373.1M; free cash flow $53.4M; book equity -$292.0M; sales $879.3M; debt $1.2B; cash $97.5M[28].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: 6 of 9, period end 2025-12-28
Return on assets above zero1.0%✓ pass[4,6]
Operating cash flow above zero$89.0M✓ pass[5]
Return on assets improved(2.8 pts)✗ fail[4,6,24,29]
Operating cash flow exceeds net income$71.9M✓ pass[4-5]
Long-term leverage fell5.8 pts✗ fail[1,6,24,30-31]
Current ratio improved9.5 pts✓ pass[15-16,32-33]
No new shares issued(14.5%)✓ pass[26-27]
Gross margin improved(5.3 pts)✗ fail[2-3,7-8]
Asset turnover improved2.4 pts✓ pass[2,6,8,24]
Cash, filings, liquidity
Cash and equivalentsn/a
Operating cash flow, four quartersn/a[34-38]
Months of runwaynot finite
the four latest operating-cash-flow quarters are not consecutive
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing65
10-Q received Aug 5, 2026
Median daily dollar volume$9.3M
63 sessions
Days since newest grade input226

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$1.7B2025-12-282026-02-2510-Kfiling · viewer · series
2revenueus-gaap:Revenues$879.3M2025-12-282026-02-2510-Kfiling · viewer · series
3gross profitus-gaap:GrossProfit$359.3M2025-12-282026-02-2510-Kfiling · viewer · series
4net incomeus-gaap:NetIncomeLoss$17.1M2025-12-282026-02-2510-Kfiling · viewer · series
5operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$89.0M2025-12-282026-02-2510-Kfiling · viewer · series
6assetsus-gaap:Assets$1.8B2024-12-312025-03-0510-Kfiling · viewer · series
7gross profitus-gaap:GrossProfit$375.3M2024-12-312025-03-0510-Kfiling · viewer · series
8revenueus-gaap:Revenues$812.3M2024-12-312025-03-0510-Kfiling · viewer · series
9gross profitus-gaap:GrossProfit$396.7M2023-12-312026-02-2510-Kfiling · viewer · series
10revenueus-gaap:Revenues$831.1M2023-12-312026-02-2510-Kfiling · viewer · series
11gross profitus-gaap:GrossProfit$377.4M2022-12-312025-03-0510-Kfiling · viewer · series
12revenueus-gaap:Revenues$909.4M2022-12-312025-03-0510-Kfiling · viewer · series
13gross profitus-gaap:GrossProfit$375.2M2021-12-312024-02-2810-Kfiling · viewer · series
14revenueus-gaap:Revenues$896.2M2021-12-312024-02-2810-Kfiling · viewer · series
15current assetsus-gaap:AssetsCurrent$351.8M2025-12-282026-02-2510-Kfiling · viewer · series
16current liabilitiesus-gaap:LiabilitiesCurrent$365.6M2025-12-282026-02-2510-Kfiling · viewer · series
17capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$35.6M2025-12-282026-02-2510-Kfiling · viewer · series
18operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$108.2M2024-12-312025-03-0510-Kfiling · viewer · series
19capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$14.1M2024-12-312025-03-0510-Kfiling · viewer · series
20operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$131.2M2023-12-312026-02-2510-Kfiling · viewer · series
21capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$37.2M2023-12-312026-02-2510-Kfiling · viewer · series
22operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$89.3M2022-12-312025-03-0510-Kfiling · viewer · series
23capital expenditureus-gaap:PaymentsToAcquirePropertyPlantAndEquipment$35.3M2022-12-312025-03-0510-Kfiling · viewer · series
24assetsus-gaap:Assets$1.7B2023-12-312025-03-0510-Kfiling · viewer · series
25assetsus-gaap:Assets$1.9B2022-12-312024-02-2810-Kfiling · viewer · series
26shares outstandingdei:EntityCommonStockSharesOutstanding13,046,3832026-01-232026-02-2510-Kfiling · viewer · series
27shares outstandingdei:EntityCommonStockSharesOutstanding15,253,7872025-02-212025-03-0510-Kfiling · viewer · series
28shares outstandingdei:EntityCommonStockSharesOutstanding12,659,1502026-07-262026-08-0510-Qfiling · viewer · series
29net incomeus-gaap:NetIncomeLoss$64.9M2024-12-312025-03-0510-Kfiling · viewer · series
30long term debtus-gaap:LongTermDebtNoncurrent$1.2B2025-12-282026-02-2510-Kfiling · viewer · series
31long term debtus-gaap:LongTermDebtNoncurrent$1.1B2024-12-312025-03-0510-Kfiling · viewer · series
32current assetsus-gaap:AssetsCurrent$386.0M2024-12-312025-03-0510-Kfiling · viewer · series
33current liabilitiesus-gaap:LiabilitiesCurrent$445.3M2024-12-312025-03-0510-Kfiling · viewer · series
34operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$19.9M2026-06-282026-08-0510-Qfiling · viewer · series
35operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$7.5M2026-03-292026-05-0610-Qfiling · viewer · series
36operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$83.3M2025-09-302025-11-0510-Qfiling · viewer · series
37operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$53.1M2025-06-302025-08-0610-Qfiling · viewer · series
38operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$16.1M2025-03-312025-05-0710-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 88.3 is 8.3 points from the nearest band edge; sampling error is 2.9 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.