<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED FINANCIAL STATEMENTS OF IHOP CORP. AND SUBSIDIARIES AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<CASH> 164
<SECURITIES> 0
<RECEIVABLES> 30,974
<ALLOWANCES> 0
<INVENTORY> 790
<CURRENT-ASSETS> 39,137
<PP&E> 197,517
<DEPRECIATION> 0
<TOTAL-ASSETS> 534,422
<CURRENT-LIABILITIES> 44,850
<BONDS> 207,602
0
0
<COMMON> 201
<OTHER-SE> 239,404
<TOTAL-LIABILITY-AND-EQUITY> 534,422
<SALES> 48,831
<TOTAL-REVENUES> 138,710
<CGS> 42,599
<TOTAL-COSTS> 78,070
<OTHER-EXPENSES> 6,652
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 10,821
<INCOME-PRETAX> 25,241
<INCOME-TAX> 9,718
<INCOME-CONTINUING> 15,523
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 15,523
<EPS-BASIC> .78<F1>
<EPS-DILUTED> .77
<FN>
<F1>REPRESENTS BASIC EARNINGS PER SHARE
</FN>
</TABLE>