Ihop Net Worth (Updated 2026).

Written ByJenny Smyth Hours Published on

IHOP, or the International House of Pancakes, began its journey in 1958 when founders Al and Jerry Lapin opened their first restaurant in Los Angeles, California. The concept was simple yet innovative: serve high-quality, affordable pancakes in a family-friendly atmosphere. The Lapins’ vision was to create a comfortable, inviting space where people could enjoy a hearty breakfast any time of the day, a novelty in the 1950s when most breakfast spots closed by mid-morning.

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IHOP’s Current Net Worth (2025)

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As of 2025, IHOP’s net worth is approximately $2.1 billion, according to the latest available information. This figure reflects the company’s extensive restaurant portfolio and strong brand recognition.

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Career

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Founded in 1958 by Al and Jerry Lapin, IHOP (International House of Pancakes) started as a single pancake house in Los Angeles. Today, it’s a global brand with over 1,600 locations in 12 countries, operated by Dine Brands Global, Inc.

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Other Ventures

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IHOP has expanded its reach beyond traditional restaurants. In 2017, it launched IHOP at Home, a line of frozen foods available in grocery stores. The company also offers franchising opportunities, allowing entrepreneurs to open their own IHOP locations.

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Assets

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IHOP’s primary assets include its extensive restaurant portfolio, strong brand recognition, and intellectual property. The company also owns real estate, including some of its restaurant locations. As of 2025, IHOP has over 1,600 restaurants, with approximately 80% operated by franchisees.

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Annual Income

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In 2020, IHOP’s total revenue was $1.2 billion, with a net income of $51.1 million. These figures reflect the company’s global operations and the impact of the COVID-19 pandemic on the restaurant industry. Despite the challenges, IHOP has shown resilience and continues to generate significant annual income.

Frequently Asked Questions about  Ihop

Frequently Asked Questions: Ihop Net Worth

1. What is Ihop’s net worth?

Ihop’s net worth is estimated to be around $1.5 billion.

2. How many locations does Ihop have worldwide?

Ihop has over 1,600 locations globally, with the majority being in the United States.

3. When was Ihop founded?

Ihop was founded in 1958 by Al and Jerry Lapin in Toluca Lake, California.

4. What does Ihop stand for?

Ihop stands for International House of Pancakes.

5. Who is the current CEO of Ihop?

The current CEO of Ihop is Jay Johns.

6. How much revenue does Ihop generate annually?

Ihop generates over $3 billion in annual revenue.

7. What is the average cost of a meal at Ihop?

The average cost of a meal at Ihop is around $10-$15 per person.

8. Does Ihop offer franchising opportunities?

Yes, Ihop does offer franchising opportunities. You can find more information on their official website.

9. What are some of Ihop’s popular menu items?

Some of Ihop’s most popular menu items include their Buttermilk Pancakes, Rooty Tooty Fresh ‘N Fruity, and their signature omelettes.

10. How many employees does Ihop have?

Ihop employs over 35,000 people worldwide.

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