Dine Brands Global Inc (DIN)

Pretax 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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	111,703	104,913	108,703	116,797	114,785	123,904	125,939	132,066	121,923	93,402	71,783	-113,646	-108,594	-72,010	-49,431	126,407	138,473	133,985	133,500	129,029
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
Pretax margin		13.44%	12.60%	12.59%	13.08%	12.62%	13.31%	13.59%	14.32%	13.60%	10.83%	8.86%	-16.55%	-15.76%	-9.99%	-6.49%	14.37%	15.21%	14.94%	15.28%	15.55%

December 31, 2023 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $111,703K ÷ $831,101K
= 13.44%

The pretax margin of Dine Brands Global Inc has remained relatively stable over the past quarters, ranging from 12.59% to 14.32%. In the most recent quarter, Q4 2023, the pretax margin was 13.44%, showing a slight improvement compared to the previous quarter. The company has been able to maintain consistent profitability before taxes, indicating efficient cost management or effective revenue generation strategies. Further analysis would be required to identify the specific factors contributing to the fluctuations in the pretax margin over the quarters.