Dine Brands Global, Inc. Segments Disclosure
| 2025 | ||||||||||||||||||||||||||
| Franchise | Company-Owned Restaurants | Rental | Total | |||||||||||||||||||||||
| (In millions) | ||||||||||||||||||||||||||
| Revenues | $ | 665.5 | $ | 104.6 | $ | 109.3 | $ | 879.3 | ||||||||||||||||||
| Less: Advertising revenue | 281.8 | — | — | 281.8 | ||||||||||||||||||||||
| Revenues excluding advertising revenue | 383.7 | 104.6 | 109.3 | 597.5 | ||||||||||||||||||||||
| Less: | ||||||||||||||||||||||||||
| Interest expense from finance leases | — | — | 2.7 | 2.7 | ||||||||||||||||||||||
| Depreciation and amortization | 0.6 | 3.1 | 9.6 | 13.3 | ||||||||||||||||||||||
Other segment items(a) | 40.8 | 109.5 | 71.9 | 222.2 | ||||||||||||||||||||||
| Segment profit | 342.3 | (8.1) | 25.0 | 359.3 | ||||||||||||||||||||||
| Stock based compensation (direct) | 3.6 | — | — | 3.6 | ||||||||||||||||||||||
| Gain on disposition of assets | (0.5) | — | — | (0.5) | ||||||||||||||||||||||
| Other G&A expenses (direct and allocated) | 125.0 | 7.9 | — | 132.9 | ||||||||||||||||||||||
| Segment operating profit | $ | 214.2 | $ | (16.0) | $ | 25.0 | $ | 223.3 | ||||||||||||||||||
| Reconciliation of segment operating profit | ||||||||||||||||||||||||||
| Segment operating profit | $ | 223.3 | ||||||||||||||||||||||||
| Depreciation and amortization (unallocated) | 17.5 | |||||||||||||||||||||||||
| Stock based compensation (unallocated) | 9.6 | |||||||||||||||||||||||||
| Other G&A expenses (unallocated) | 40.2 | |||||||||||||||||||||||||
| Interest expense, net | 78.0 | |||||||||||||||||||||||||
| Closure and impairment charges | 40.0 | |||||||||||||||||||||||||
| Amortization of intangible assets | 11.9 | |||||||||||||||||||||||||
| Loss on extinguishment of debt | 0.9 | |||||||||||||||||||||||||
| Income before income taxes | $ | 25.2 | ||||||||||||||||||||||||
| 2024 | ||||||||||||||||||||||||||
| Franchise | Company-Owned Restaurants | Rental | Total | |||||||||||||||||||||||
| (In millions) | ||||||||||||||||||||||||||
| Revenues | $ | 686.0 | $ | 9.3 | $ | 117.1 | $ | 812.3 | ||||||||||||||||||
| Less: Advertising revenue | 290.4 | — | — | 290.4 | ||||||||||||||||||||||
| Revenues excluding advertising revenue | 395.5 | 9.3 | 117.1 | 521.9 | ||||||||||||||||||||||
| Less: | ||||||||||||||||||||||||||
| Interest expense from finance leases | — | — | 2.9 | 2.9 | ||||||||||||||||||||||
| Depreciation and amortization | 1.4 | (0.6) | 10.1 | 11.0 | ||||||||||||||||||||||
Other segment items(a) | 48.0 | 10.5 | 74.2 | 132.7 | ||||||||||||||||||||||
| Segment profit | 346.1 | (0.6) | 29.9 | 375.3 | ||||||||||||||||||||||
| Stock based compensation (direct) | 5.7 | — | — | 5.7 | ||||||||||||||||||||||
Gain on disposition of assets | — | (2.2) | (1.0) | (3.2) | ||||||||||||||||||||||
| Other G&A expenses (direct and allocated) | 119.3 | — | — | 119.3 | ||||||||||||||||||||||
| Segment operating profit | $ | 221.1 | $ | 1.6 | $ | 30.9 | $ | 253.5 | ||||||||||||||||||
| Reconciliation of segment operating profit | ||||||||||||||||||||||||||
| Segment operating profit | $ | 253.5 | ||||||||||||||||||||||||
| Depreciation and amortization (unallocated) | 17.4 | |||||||||||||||||||||||||
| Stock based compensation (unallocated) | 10.2 | |||||||||||||||||||||||||
| Other G&A expenses (unallocated) | 44.2 | |||||||||||||||||||||||||
| Interest expense, net | 72.1 | |||||||||||||||||||||||||
| Closure and impairment charges | 9.2 | |||||||||||||||||||||||||
| Amortization of intangible assets | 10.8 | |||||||||||||||||||||||||
| Income before income taxes | $ | 89.5 | ||||||||||||||||||||||||
| 2023 | ||||||||||||||||||||||||||
| Franchise | Company-Owned Restaurants | Rental | Total | |||||||||||||||||||||||
| (In millions) | ||||||||||||||||||||||||||
| Revenues | $ | 706.4 | $ | 2.1 | $ | 122.6 | $ | 831.1 | ||||||||||||||||||
| Less: Advertising revenue | 300.8 | — | — | 300.8 | ||||||||||||||||||||||
| Revenues excluding advertising revenue | 405.6 | 2.1 | 122.6 | 530.3 | ||||||||||||||||||||||
| Less: | ||||||||||||||||||||||||||
| Interest expense from finance leases | — | — | 2.8 | 2.8 | ||||||||||||||||||||||
| Depreciation and amortization | 1.1 | (0.2) | 10.5 | 11.4 | ||||||||||||||||||||||
Other segment items(a) | 42.5 | 2.4 | 74.6 | 119.4 | ||||||||||||||||||||||
| Segment profit | 362.0 | 0.0 | 34.7 | 396.7 | ||||||||||||||||||||||
| Stock based compensation (direct) | 2.5 | — | — | 2.5 | ||||||||||||||||||||||
Loss on disposition of assets | — | 0.2 | 0.3 | 0.6 | ||||||||||||||||||||||
| Other G&A expenses (direct and allocated) | 126.9 | — | — | 126.9 | ||||||||||||||||||||||
| Segment operating profit | $ | 232.5 | $ | (0.2) | $ | 34.4 | $ | 266.7 | ||||||||||||||||||
| Reconciliation of segment operating profit | ||||||||||||||||||||||||||
| Segment operating profit | $ | 266.7 | ||||||||||||||||||||||||
| Depreciation and amortization (unallocated) | 13.3 | |||||||||||||||||||||||||
| Stock based compensation (unallocated) | 9.5 | |||||||||||||||||||||||||
| Other G&A expenses (unallocated) | 45.8 | |||||||||||||||||||||||||
Loss on disposition of assets (unallocated) | 1.8 | |||||||||||||||||||||||||
| Interest expense, net | 70.0 | |||||||||||||||||||||||||
| Closure and impairment charges | 3.6 | |||||||||||||||||||||||||
| Amortization of intangible assets | 10.9 | |||||||||||||||||||||||||
| Income before income taxes | $ | 111.7 | ||||||||||||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 25, 2026 | Showing above |
| 2024 | Mar 5, 2025 | |
| 2023 | Feb 28, 2024 | |
| 2022 | Mar 1, 2023 | |
| 2021 | Mar 2, 2022 | |
| 2020 | Mar 2, 2021 | |
| 2019 | Feb 24, 2020 | |
| 2018 | Feb 21, 2019 | |
| 2017 | Feb 20, 2018 | |
| 2016 | Mar 1, 2017 | |
| 2015 | Feb 24, 2016 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.