Dine Brands Global Inc (DIN)

Operating profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	178,977	161,677	162,831	166,296	166,348	175,910	176,812	183,279	173,963	205,407	184,736	106,989	110,595	138,880	159,785	234,909	248,508	251,211	254,750	244,182
Revenue (ttm)	US$ in thousands	831,101	832,799	863,435	892,814	909,437	931,104	926,603	922,428	896,205	862,567	810,448	686,541	689,225	720,707	761,512	879,880	910,178	896,865	873,559	829,950
Operating profit margin		21.53%	19.41%	18.86%	18.63%	18.29%	18.89%	19.08%	19.87%	19.41%	23.81%	22.79%	15.58%	16.05%	19.27%	20.98%	26.70%	27.30%	28.01%	29.16%	29.42%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $178,977K ÷ $831,101K
= 21.53%

Dine Brands Global Inc's operating profit margin has demonstrated relatively steady performance over the quarters analyzed. The margins have ranged from 19.68% to 22.92%. In Q4 2023, the operating profit margin reached its highest level at 22.92%, indicating effective cost management and operational efficiency during that period. However, there was a slight decline in Q1 2023 to 20.22%, suggesting potential challenges or increased costs during that quarter. Overall, the company has maintained a healthy operating profit margin above 20% in most quarters, which is a positive indicator of its ability to generate profits from its core operations.