What is Dennys Corp's earnings per share (EPS)?

Dennys Corp (DENN) reported diluted earnings per share of $0.41 for fiscal year 2024. This represents a 17.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Dennys Corp Financials

DENN

Source SEC Filings (10-K/10-Q) Updated Sep 24, 2025 Currency USD FYE December

This page shows Dennys Corp (DENN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 14/100

Based on FY2024 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Dennys Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Dennys Corp has an operating margin of 10.0%, meaning the company retains $10 of operating profit per $100 of revenue. This results in a moderate score of 47/100, indicating healthy but not exceptional operating efficiency. This is down from 11.4% the prior year.

Growth

Dennys Corp's revenue declined 2.5% year-over-year, from $463.9M to $452.3M. This contraction results in a growth score of 33/100.

Leverage

Dennys Corp has elevated debt relative to equity (D/E of -7.68), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Liquidity

Dennys Corp's current ratio of 0.42 is below the typical benchmark, resulting in a score of 3/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Altman Z-Score Distress

1.44

Dennys Corp scores 1.44, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Neutral

6/9

Dennys Corp passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.37x

For every $1 of reported earnings, Dennys Corp generates $1.37 in operating cash flow ($29.5M OCF vs $21.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

2.5x

Dennys Corp earns $2.5 in operating income for every $1 of interest expense ($45.3M vs $18.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$452.3M

YoY-2.5%

5Y CAGR-3.5%

10Y CAGR-0.4%

Dennys Corp generated $452.3M in revenue in fiscal year 2024. This represents a decrease of 2.5% from the prior year.

EBITDA

$60.2M

YoY-10.5%

5Y CAGR-20.1%

10Y CAGR-2.6%

Dennys Corp's EBITDA was $60.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 10.5% from the prior year.

Net Income

$21.6M

YoY+8.2%

5Y CAGR-28.7%

10Y CAGR-4.1%

Dennys Corp reported $21.6M in net income in fiscal year 2024. This represents an increase of 8.2% from the prior year.

EPS (Diluted)

$0.41

YoY+17.1%

5Y CAGR-26.4%

10Y CAGR+1.0%

Dennys Corp earned $0.41 per diluted share (EPS) in fiscal year 2024. This represents an increase of 17.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$1.7M

YoY-65.3%

5Y CAGR-12.8%

10Y CAGR-5.8%

Dennys Corp held $1.7M in cash against $261.3M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

51M

YoY-1.7%

5Y CAGR-2.1%

10Y CAGR-4.9%

Dennys Corp had 51M shares outstanding in fiscal year 2024. This represents a decrease of 1.7% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

10.0%

YoY-1.4pp

5Y CAGR-20.5pp

10Y CAGR-2.1pp

Dennys Corp's operating margin was 10.0% in fiscal year 2024, reflecting core business profitability. This is down 1.4 percentage points from the prior year.

Net Margin

4.8%

YoY+0.5pp

5Y CAGR-16.9pp

10Y CAGR-2.2pp

Dennys Corp's net profit margin was 4.8% in fiscal year 2024, showing the share of revenue converted to profit. This is up 0.5 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

$11.7M

YoY-77.5%

5Y CAGR-34.1%

10Y CAGR-10.6%

Dennys Corp spent $11.7M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 77.5% from the prior year.

Capital Expenditures

N/A

DENN Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$452.3M-2.5%	$463.9M+1.6%	$456.4M+14.6%	$398.2M+38.0%	$288.6M-46.7%	$541.4M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$80.2M+3.1%	$77.8M+15.8%	$67.2M-2.2%	$68.7M+24.8%	$55.0M-20.3%	$69.0M
Operating Income	$45.3M-14.2%	$52.8M-12.9%	$60.6M-41.8%	$104.1M+1458.2%	$6.7M-96.0%	$165.0M
Interest Expense	$18.0M+2.1%	$17.6M+27.8%	$13.8M-9.1%	$15.1M-15.7%	$18.0M-3.1%	$18.5M
Income Tax	$7.7M+9.8%	$7.0M-71.7%	$24.7M-5.0%	$26.0M+1402.2%	-$2.0M-106.3%	$31.8M
Net Income	$21.6M+8.2%	$19.9M-73.3%	$74.7M-4.3%	$78.1M+1626.1%	-$5.1M-104.4%	$117.4M
EPS (Diluted)	$0.41+17.1%	$0.35-71.5%	$1.23+3.4%	$1.19+1587.5%	$-0.08-104.2%	$1.90

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$113.2M-3.8%	$117.7M+5.4%	$111.6M-2.6%	$114.7M+2.6%	$111.8M-3.6%	$115.9M+5.4%	$110.0M-4.7%	$115.4M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$22.6M+5.2%	$21.4M+7.1%	$20.0M+7.4%	$18.7M-5.9%	$19.8M-3.2%	$20.5M-3.5%	$21.2M+10.2%	$19.3M
Operating Income	$10.4M+21.3%	$8.6M+64.5%	$5.2M-64.0%	$14.5M+23.1%	$11.7M+28.8%	$9.1M-8.9%	$10.0M+29.5%	$7.7M
Interest Expense	$5.3M-1.0%	$5.4M+21.4%	$4.4M+0.4%	$4.4M-3.5%	$4.6M0.0%	$4.6M+3.5%	$4.4M+2.6%	$4.3M
Income Tax	$1.3M+1.2%	$1.3M+339.1%	$294K-91.5%	$3.5M+134.8%	$1.5M+23.4%	$1.2M-21.8%	$1.5M-9.6%	$1.7M
Net Income	$632K-74.4%	$2.5M+657.7%	$326K-95.2%	$6.8M+4.3%	$6.5M+82.6%	$3.6M-23.9%	$4.7M+61.6%	$2.9M
EPS (Diluted)	$0.01-80.0%	$0.05+400.0%	$0.01	N/A	$0.12+71.4%	$0.07-22.2%	$0.09	N/A

DENN Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$496.3M+6.8%	$464.8M-6.7%	$498.3M+14.4%	$435.5M+1.1%	$430.9M-6.4%	$460.4M
Current Assets	$40.0M-9.2%	$44.0M-12.5%	$50.3M-27.3%	$69.2M+42.3%	$48.7M-7.7%	$52.7M
Cash & Equivalents	$1.7M-65.3%	$4.9M+38.9%	$3.5M-88.5%	$30.6M+686.8%	$3.9M+15.4%	$3.4M
Inventory	$1.7M-19.7%	$2.2M-60.7%	$5.5M+9.4%	$5.1M+328.5%	$1.2M-10.9%	$1.3M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$66.4M+0.7%	$65.9M-9.4%	$72.7M+97.2%	$36.9M0.0%	$36.9M+0.1%	$36.8M
Total Liabilities	$530.3M+0.5%	$527.5M-1.5%	$535.5M+6.9%	$500.8M-10.8%	$561.4M-6.2%	$598.5M
Current Liabilities	$95.6M-7.5%	$103.3M+10.3%	$93.7M-4.0%	$97.5M+26.4%	$77.2M-19.3%	$95.6M
Long-Term Debt	$261.3M+2.3%	$255.5M-2.3%	$261.5M+53.8%	$170.0M-19.0%	$210.0M-12.5%	$240.0M
Total Equity	-$34.0M+45.7%	-$62.7M-68.9%	-$37.1M+43.1%	-$65.3M+50.0%	-$130.4M+5.5%	-$138.1M
Retained Earnings	-$2.5M+88.5%	-$21.8M+47.8%	-$41.7M+64.2%	-$116.4M+40.1%	-$194.5M-2.7%	-$189.4M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$502.9M+2.4%	$491.1M+0.6%	$488.1M-1.7%	$496.3M+7.5%	$461.6M+0.4%	$459.9M-0.1%	$460.4M-0.9%	$464.8M
Current Assets	$33.6M+3.9%	$32.3M+1.6%	$31.8M-20.4%	$40.0M+18.1%	$33.9M-3.8%	$35.2M+3.5%	$34.0M-22.8%	$44.0M
Cash & Equivalents	$2.2M+90.7%	$1.2M+12.2%	$1.0M-38.8%	$1.7M+15.8%	$1.5M+25.7%	$1.2M+0.2%	$1.2M-76.2%	$4.9M
Inventory	$2.1M-0.3%	$2.1M+13.5%	$1.9M+7.4%	$1.7M-4.8%	$1.8M-3.2%	$1.9M-8.6%	$2.1M-4.7%	$2.2M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$68.5M0.0%	$68.5M+3.3%	$66.4M0.0%	$66.4M0.0%	$66.4M0.0%	$66.4M+0.7%	$65.9M0.0%	$65.9M
Total Liabilities	$535.6M+1.9%	$525.7M+0.2%	$524.5M-1.1%	$530.3M+2.8%	$516.1M+0.6%	$513.2M-0.6%	$516.2M-2.2%	$527.5M
Current Liabilities	$95.0M+8.0%	$88.0M+1.9%	$86.3M-9.7%	$95.6M+9.0%	$87.7M-8.8%	$96.1M+8.0%	$89.0M-13.9%	$103.3M
Long-Term Debt	$259.5M-3.4%	$268.6M+1.0%	$266.0M+1.8%	$261.3M+0.1%	$261.0M+1.4%	$257.5M-1.4%	$261.2M+2.2%	$255.5M
Total Equity	-$32.7M+5.5%	-$34.6M+5.1%	-$36.4M-7.0%	-$34.0M+37.5%	-$54.5M-2.3%	-$53.2M+4.5%	-$55.7M+11.1%	-$62.7M
Retained Earnings	$929K+212.8%	$297K+113.7%	-$2.2M+13.0%	-$2.5M+64.3%	-$7.0M+48.2%	-$13.5M+20.9%	-$17.1M+21.5%	-$21.8M

DENN Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$29.5M-59.1%	$72.1M+82.8%	$39.5M-48.2%	$76.2M+2528.2%	-$3.1M-107.2%	$43.3M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	$14.0M
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	$29.4M
Investing Cash Flow	-$26.7M-252.6%	-$7.6M+91.3%	-$86.6M-398.5%	$29.0M+523.8%	$4.7M-95.6%	$105.0M
Financing Cash Flow	-$6.0M+90.5%	-$63.2M-415.3%	$20.0M+125.5%	-$78.5M-7792.9%	-$994K+99.3%	-$149.9M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$11.7M-77.5%	$52.1M-19.8%	$65.0M+116.9%	$30.0M-16.8%	$36.0M-61.9%	$94.5M

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	$16.0M+70.8%	$9.4M+86.5%	$5.0M-41.3%	$8.5M+30.4%	$6.6M-53.8%	$14.2M+6495.8%	$215K-99.0%	$21.4M
Capital Expenditures	$23K	N/A	N/A	N/A	$0	N/A	N/A	N/A
Free Cash Flow	$16.0M	N/A	N/A	N/A	$6.6M	N/A	N/A	N/A
Investing Cash Flow	-$7.6M+26.9%	-$10.4M-44.5%	-$7.2M+20.8%	-$9.1M-24.6%	-$7.3M-44.7%	-$5.0M+5.7%	-$5.3M-17.3%	-$4.5M
Financing Cash Flow	-$7.3M-745.3%	$1.1M-24.0%	$1.5M+100.0%	$749K-26.3%	$1.0M+111.1%	-$9.2M-762.1%	$1.4M+110.7%	-$12.9M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$0-100.0%	$716K-24.8%	$952K+109.2%	$455K-75.9%	$1.9M-59.1%	$4.6M-3.5%	$4.8M-71.4%	$16.7M

DENN Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	10.0%-1.4pp	11.4%-1.9pp	13.3%-12.9pp	26.1%+23.8pp	2.3%-28.2pp	30.5%
Net Margin	4.8%+0.5pp	4.3%-12.1pp	16.4%-3.2pp	19.6%+21.4pp	-1.8%-23.5pp	21.7%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	4.3%+0.1pp	4.3%-10.7pp	15.0%-2.9pp	17.9%+19.1pp	-1.2%-26.7pp	25.5%
Current Ratio	0.420.0	0.43-0.1	0.54-0.2	0.71+0.1	0.63+0.1	0.55
Debt-to-Equity	-7.68-3.6	-4.08+3.0	-7.05-4.4	-2.60-1.0	-1.61+0.1	-1.74
FCF Margin	N/A	N/A	N/A	N/A	N/A	5.4%

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	9.2%+1.9pp	7.3%+2.6pp	4.7%-7.9pp	12.6%+2.1pp	10.5%+2.6pp	7.9%-1.2pp	9.1%+2.4pp	6.7%
Net Margin	0.6%-1.5pp	2.1%+1.8pp	0.3%-5.6pp	5.9%+0.1pp	5.8%+2.7pp	3.1%-1.2pp	4.3%+1.8pp	2.5%
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	0.1%-0.4pp	0.5%+0.4pp	0.1%-1.3pp	1.4%-0.0pp	1.4%+0.6pp	0.8%-0.2pp	1.0%+0.4pp	0.6%
Current Ratio	0.35-0.0	0.370.0	0.37-0.0	0.42+0.0	0.39+0.0	0.37-0.0	0.38-0.0	0.43
Debt-to-Equity	-7.94-0.2	-7.77-0.5	-7.30+0.4	-7.68-2.9	-4.79+0.0	-4.84-0.2	-4.69-0.6	-4.08
FCF Margin	14.1%	N/A	N/A	N/A	5.9%	N/A	N/A	N/A

Note: Shareholder equity is negative (-$34.0M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.42), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Dennys Corp's annual revenue?

Dennys Corp (DENN) reported $452.3M in total revenue for fiscal year 2024. This represents a -2.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Dennys Corp's revenue growing?

Dennys Corp (DENN) revenue declined by 2.5% year-over-year, from $463.9M to $452.3M in fiscal year 2024.

Is Dennys Corp profitable?

Yes, Dennys Corp (DENN) reported a net income of $21.6M in fiscal year 2024, with a net profit margin of 4.8%.

What is Dennys Corp's EBITDA?

Dennys Corp (DENN) had EBITDA of $60.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Dennys Corp have?

As of fiscal year 2024, Dennys Corp (DENN) had $1.7M in cash and equivalents against $261.3M in long-term debt.

What is Dennys Corp's operating margin?

Dennys Corp (DENN) had an operating margin of 10.0% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Dennys Corp's net profit margin?

Dennys Corp (DENN) had a net profit margin of 4.8% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is Dennys Corp's operating cash flow?

Dennys Corp (DENN) generated $29.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Dennys Corp's total assets?

Dennys Corp (DENN) had $496.3M in total assets as of fiscal year 2024, including both current and long-term assets.

Does Dennys Corp buy back shares?

Yes, Dennys Corp (DENN) spent $11.7M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Dennys Corp have outstanding?

Dennys Corp (DENN) had 51M shares outstanding as of fiscal year 2024.

What is Dennys Corp's current ratio?

Dennys Corp (DENN) had a current ratio of 0.42 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is Dennys Corp's debt-to-equity ratio?

Dennys Corp (DENN) had a debt-to-equity ratio of -7.68 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Dennys Corp's return on assets (ROA)?

Dennys Corp (DENN) had a return on assets of 4.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

Why is Dennys Corp's debt-to-equity ratio negative or unusual?

Dennys Corp (DENN) has negative shareholder equity of -$34.0M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Dennys Corp's Altman Z-Score?

Dennys Corp (DENN) has an Altman Z-Score of 1.44, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Dennys Corp's Piotroski F-Score?

Dennys Corp (DENN) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Dennys Corp's earnings high quality?

Dennys Corp (DENN) has an earnings quality ratio of 1.37x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Dennys Corp cover its interest payments?

Dennys Corp (DENN) has an interest coverage ratio of 2.5x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Dennys Corp?

Dennys Corp (DENN) scores 14 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.