Dine Brands Global Inc (DIN)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 111,703 | 114,785 | 121,923 | -108,594 | 138,473 |
| Revenue | US$ in thousands | 831,068 | 909,400 | 896,167 | 689,300 | 910,178 |
| Pretax margin | 13.44% | 12.62% | 13.60% | -15.75% | 15.21% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $111,703K ÷ $831,068K
= 13.44%
Dine Brands Global Inc's pretax margin has exhibited fluctuations over the last five years. In 2023, the company achieved a pretax margin of 13.44%, a slight increase from 2022's 12.62%. This upward trend is positive, indicating an improved ability to generate earnings before accounting for taxes. However, it is essential to note that in 2020, Dine Brands Global Inc experienced a significantly negative pretax margin of -15.75%, which may suggest operational challenges or extraordinary circumstances impacting profitability. The strong recovery in 2021 with a pretax margin of 13.60% and the subsequent positive performance in 2022 and 2023 showcase the company's resilience and potential for growth. Overall, a consistent focus on maintaining and enhancing pretax margins will be crucial for Dine Brands Global Inc to sustain long-term profitability.
Peer comparison
Dec 31, 2023