Dennys Corp (DENN) Financials
Newest figures come from the 10-Q for Q3 FY2025, filed Nov 4, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the DENN SEC filings page.
Dennys Corp (DENN) reported $457.2M in revenue over the twelve months to Sep 24, 2025, up 0.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
Denny’s cash-generative operating model coexists with thin liquidity and negative equity, making liabilities central to its financing structure.
The cash-conversion pattern was favorable in FY2023: operating cash flow reached$72.1M against net income of$19.9M , indicating earnings were not merely accounting entries. In FY2024, cash flow still exceeded profit—$29.5M versus$21.6M —but the narrower spread signals less efficient conversion even as profitability remained positive.
Operating margin compressed from
Liabilities exceeded assets in FY2024, leaving negative equity and making obligations, not shareholder capital, the primary financing base. A 0.4 current ratio alongside
Financial Health Signals
Scored against operating companies for FY2024. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. 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.
Dennys Corp has an operating margin of 10.0%, meaning the company retains $10 of operating profit per $100 of revenue. This strong profitability earns a score of 76/100, reflecting efficient cost management and pricing power. This is down from 11.4% the prior year.
Dennys Corp's revenue declined 2.5% year-over-year, from $463.9M to $452.3M. This contraction results in a growth score of 30/100.
Dennys Corp's current ratio of 0.42 is below the typical benchmark, resulting in a score of 4/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Not available for Dennys Corp, and counted as zero in the overall score.
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.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Dennys Corp passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
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.
Dennys Corp earns $2.52 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
Earnings & Revenue
Dennys Corp generated $113.2M in revenue in Q3 2025. This represents an increase of 1.3% from the same quarter a year earlier. Against the prior quarter it is down 3.8%.
Dennys Corp's EBITDA was $14.8M in Q3 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 3.5% from the same quarter a year earlier. Against the prior quarter it is up 14.5%.
Dennys Corp reported $632K in net income in Q3 2025. This represents a decrease of 90.3% from the same quarter a year earlier. Against the prior quarter it is down 74.4%.
Dennys Corp earned $0.01 per diluted share (EPS) in Q3 2025. This represents a decrease of 91.7% from the same quarter a year earlier. Against the prior quarter it is down 80.0%.
Cash & Balance Sheet
Dennys Corp generated $16.0M in free cash flow in Q3 2025, representing cash available after capex. This represents an increase of 143.5% from the same quarter a year earlier.
Dennys Corp held $2.2M in cash against $259.5M in long-term debt as of Q3 2025.
Not reported for Q3 2025.
Margins & Returns
Dennys Corp's operating margin was 9.2% in Q3 2025, reflecting core business profitability. This is down 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.9 percentage points.
Dennys Corp's net profit margin was 0.6% in Q3 2025, showing the share of revenue converted to profit. This is down 5.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.5 percentage points.
Not reported for Q3 2025.
Not reported for Q3 2025.
Capital Allocation
Dennys Corp repurchased no shares in Q3 2025. This represents a decrease of 100.0% from the same quarter a year earlier. Against the prior quarter it is down 100.0%.
Dennys Corp invested $23K in capex in Q3 2025, funding long-term assets and infrastructure.
Not reported for Q3 2025.
DENN Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $113.2M+1.3% | $117.7M+1.5% | $111.6M+1.5% | $114.7M-0.6% | $111.8M-2.1% | $115.9M-0.8% | $110.0M-6.4% | $115.4M-4.5% |
| SG&A Expenses | $22.6M+13.8% | $21.4M+4.7% | $20.0M-5.6% | $18.7M-3.1% | $19.8M+8.7% | $20.5M+1.6% | $21.2M+5.5% | $19.3M+13.4% |
| Operating Income | $10.4M-11.5% | $8.6M-6.0% | $5.2M-47.9% | $14.5M+87.1% | $11.7M-16.2% | $9.1M-39.0% | $10.0M-38.0% | $7.7M-56.2% |
| EBITDA | $14.8M-3.5% | $12.9M+0.8% | $9.3M-31.4% | $18.4M+63.6% | $15.4M-12.8% | $12.8M-30.7% | $13.6M-31.4% | $11.2M-47.6% |
| Interest Expense | $5.3M+16.3% | $5.4M+17.5% | $4.4M+0.2% | $4.4M+2.3% | $4.6M+4.3% | $4.6M+3.9% | $4.4M-1.9% | $4.3M+1.6% |
| Income Tax | $1.3M-11.6% | $1.3M+7.8% | $294K-80.8% | $3.5M+104.7% | $1.5M-12.3% | $1.2M-55.0% | $1.5M+60.9% | $1.7M-49.3% |
| Net Income | $632K-90.3% | $2.5M-30.8% | $326K-93.1% | $6.8M+134.2% | $6.5M-17.6% | $3.6M-58.2% | $4.7M+685.8% | $2.9M-77.3% |
| EPS (Basic) | $0.01-91.7% | $0.05-28.6% | $0.01-88.9% | $0.13+116.7% | $0.12-14.3% | $0.07-53.3% | $0.09+800.0% | $0.06-72.7% |
| EPS (Diluted) | $0.01-91.7% | $0.05-28.6% | $0.01 | $0.13+160.0% | $0.12-14.3% | $0.07-53.3% | $0.09+800.0% | $0.05-78.3% |
| Diluted Shares (Avg) | 52M-0.1% | 52M-1.2% | 52M | N/A | 52M-6.9% | 53M-7.5% | 53M-8.0% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.
DENN Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $502.9M+8.9% | $491.1M+6.8% | $488.1M+6.0% | $496.3M+6.8% | $461.6M-3.8% | $459.9M-1.2% | $460.4M-4.2% | $464.8M-6.7% |
| Current Assets | $33.6M-0.7% | $32.3M-8.2% | $31.8M-6.4% | $40.0M-9.2% | $33.9M-3.2% | $35.2M-4.3% | $34.0M-33.1% | $44.0M-12.5% |
| Cash & Equivalents | $2.2M+51.7% | $1.2M0.0% | $1.0M-10.7% | $1.7M-65.3% | $1.5M+43.4% | $1.2M+3.2% | $1.2M-86.9% | $4.9M+38.9% |
| Short-Term Investments | $0-100.0% | $0-100.0% | $1.1M-59.5% | $100K0.0% | $2.9M+131.2% | $2.8M-9.1% | $2.8M-8.7% | $100K-94.3% |
| Inventory | $2.1M+15.6% | $2.1M+12.3% | $1.9M-9.5% | $1.7M-19.7% | $1.8M-22.0% | $1.9M-25.2% | $2.1M-36.3% | $2.2M-60.7% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $68.5M+3.3% | $68.5M+3.3% | $66.4M+0.7% | $66.4M+0.7% | $66.4M-8.0% | $66.4M-8.0% | $65.9M-8.6% | $65.9M-9.4% |
| Total Liabilities | $535.6M+3.8% | $525.7M+2.4% | $524.5M+1.6% | $530.3M+0.5% | $516.1M+0.1% | $513.2M+1.0% | $516.2M-1.8% | $527.5M-1.5% |
| Current Liabilities | $95.0M+8.4% | $88.0M-8.5% | $86.3M-3.0% | $95.6M-7.5% | $87.7M-3.6% | $96.1M+10.9% | $89.0M+4.2% | $103.3M+10.3% |
| Non-Current Liabilities | $440.6M+2.8% | $437.7M+5.0% | $438.2M+2.6% | $434.7M+2.5% | $428.4M+0.9% | $417.1M-1.1% | $427.2M-2.9% | $424.2M-4.0% |
| Long-Term Debt | $259.5M-0.6% | $268.6M+4.3% | $266.0M+1.8% | $261.3M+2.3% | $261.0M+5.2% | $257.5M+4.3% | $261.2M-1.1% | $255.5M-2.3% |
| Total Equity | -$32.7M+40.0% | -$34.6M+35.1% | -$36.4M+34.7% | -$34.0M+45.7% | -$54.5M-52.2% | -$53.2M-24.9% | -$55.7M-23.9% | -$62.7M-68.9% |
| Retained Earnings | $929K+113.3% | $297K+102.2% | -$2.2M+87.3% | -$2.5M+88.5% | -$7.0M+71.6% | -$13.5M+58.5% | -$17.1M+58.4% | -$21.8M+47.8% |
Not reported in any period shown, so not listed: Accounts Receivable.
DENN Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $16.0M+143.8% | $9.4M-34.0% | $5.0M+2232.6% | $8.5M-60.0% | $6.6M-56.7% | $14.2M-27.3% | $215K-98.7% | $21.4M+47.3% |
| Depreciation & Amortization | $4.4M+22.4% | $4.4M+17.2% | $4.1M+14.7% | $3.9M+11.7% | $3.6M+0.5% | $3.7M+3.3% | $3.6M-2.1% | $3.5M-8.0% |
| Stock-Based Compensation | $3.2M+8.1% | $3.0M+13.6% | $2.8M+0.3% | N/A | $3.0M+5.0% | $2.6M+4.2% | $2.8M-10.3% | N/A |
| Capital Expenditures | $23K | N/A | N/A | N/A | $0 | N/A | N/A | N/A |
| Free Cash Flow | $16.0M+143.5% | N/A | N/A | N/A | $6.6M | N/A | N/A | N/A |
| Investing Cash Flow | -$7.6M-4.2% | -$10.4M-106.4% | -$7.2M-34.6% | -$9.1M-99.5% | -$7.3M-292.4% | -$5.0M-732.8% | -$5.3M-836.2% | -$4.5M-73.2% |
| Financing Cash Flow | -$7.3M-822.7% | $1.1M+112.4% | $1.5M+8.3% | $749K+105.8% | $1.0M+107.6% | -$9.2M+65.7% | $1.4M+113.5% | -$12.9M-1.9% |
| Share Buybacks | $0-100.0% | $716K-84.5% | $952K-80.1% | $455K-97.3% | $1.9M-88.0% | $4.6M-56.7% | $4.8M-47.2% | $16.7M+121.7% |
Not reported in any period shown, so not listed: Dividends Paid.
DENN Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-Q | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K |
|---|---|---|---|---|---|---|---|---|
| Operating Margin | 9.2%-1.3pp | 7.3%-0.6pp | 4.7%-4.4pp | 12.6%+5.9pp | 10.5%-1.8pp | 7.9%-4.9pp | 9.1%-4.7pp | 6.7%-7.9pp |
| Net Margin | 0.6%-5.3pp | 2.1%-1.0pp | 0.3%-4.0pp | 5.9%+3.4pp | 5.8%-1.1pp | 3.1%-4.2pp | 4.3%+3.8pp | 2.5%-8.1pp |
| Return on Assets | 0.1%-1.3pp | 0.5%-0.3pp | 0.1%-1.0pp | 1.4%+0.8pp | 1.4%-0.2pp | 0.8%-1.1pp | 1.0%+0.9pp | 0.6%-1.9pp |
| Current Ratio | 0.350.0x | 0.370.0x | 0.370.0x | 0.420.0x | 0.390.0x | 0.37-0.1x | 0.38-0.2x | 0.43-0.1x |
| Asset Turnover | 0.230.0x | 0.240.0x | 0.230.0x | 0.230.0x | 0.240.0x | 0.250.0x | 0.240.0x | 0.250.0x |
| FCF Margin | 14.1%+8.2pp | N/A | N/A | N/A | 5.9% | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin, Return on Equity, Debt-to-Equity.
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.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Dennys Corp DENN | FY2024 | $452.3M | $21.6M | 4.8% | $321.9M | 33/100 |
| Twin Hospitality TWNP | FY2024 | $353.8M | -$48.2M | -13.6% | $4.1M | 30/100 |
| Red Robin Gourmet Burgers Inc RRGB | FY2025 | $1.2B | -$23.3M | -1.9% | $159.9M | 24/100 |
| El Pollo Loco Ho LOCO | FY2025 | $490.0M | $26.5M | 5.4% | $456.5M | 47/100 |
| GEN Restaurant Group GENK | FY2025 | $212.5M | -$3.0M | -1.4% | $10.2M | 32/100 |
| Dine Brands Global Inc DIN | FY2025 | $879.3M | $17.1M | 1.9% | $411.4M | 21/100 |
Where Dennys Corp Ranks
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.
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 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 not reported?
Dennys Corp (DENN) has negative shareholder equity of -$34.0M as of fiscal year 2024, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 2.52x, 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 33 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.