Donnelley Financial Solutions (DFIN) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Donnelley Financial Solutions

NYSE•Technology•Software - Application

$47.95-0.42(-0.01%)Market closed

Market Cap

$1.20B

P/E

34.2x

P/S

1.5x

P/B

3.1x

Donnelley Financial Solutions, Inc. provides compliance and regulatory software and services in the United States, Asia, Europe, Canada, and internationally. It operates through four segments: Capital Markets Software Solutions (CM-SS); Capital Markets Compliance and Communications Management (CM-CCM); Investment Companies Software Solutions (IC-SS); and Investment Companies Compliance and Communications Management (IC-CCM). The CM-SS segment provides Venue and ActiveDisclosure solutions to public and private companies to manage public and private transactional and compliance processes; collaborate; and tag, validate, and file SEC documents. The CM-CCM segment offers tech-enabled services and print and distribution solutions to public and private companies for deal solutions and SEC compliance requirements. The IC-SS segment provides clients with the Arc Suite platform that contains a comprehensive suite of cloud-based solutions, including ArcDigital, ArcReporting, ArcPro, and ArcRegulatory, as well as services that enable storage and management of compliance and regulatory information in a self-service and central repository for accessing, assembling, editing, translating, rendering, and submitting documents to regulators and investors. The IC-CCM segment offers tech-enabled solutions for creating, filing and distributing regulatory communications, and solutions for investor communications, as well as iXBRL-formatted filings pursuant for Investment Company Act through the SEC's EDGAR system. This segment provides turnkey proxy services, including discovery, planning and implementation, print and mail management, solicitation, tabulation services, stockholder meeting review, and expert support. The company was founded in 1983 and is headquartered in Lancaster, Pennsylvania.

How this company scores

GoodMetricSide Score: 62/100

Strongest: Cash & Earnings Quality (23/25); weakest: Growth (8/25).

Profitability15/25

Growth8/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality23/25

Strengths

Rising free cash flowStrong marginsInterest easily coveredCash-backed earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 34.2x5y range 6.6x – 43.4x

Currently above its 20-quarter median.

P/S · 1.5x5y range 1.0x – 2.4x

Currently near its 20-quarter median.

P/B · 3.1x5y range 2.7x – 4.5x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Revenue Decline

Watch

Revenue has softened, declining in 4 quarters. Watch for further erosion.

Price & Volume

Market Cap $1.20B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $777.50M
Q. Revenue: $224.20M
TTM EBITDA: $207.10M
TTM Op. Income: $147.00M
Q. Op. Income: $56.00M
TTM Net Income: $35.20M
Q. Net Income: $36.40M
EPS: $1.45
Shares Out.: $25.10M

$777.50M in TTM revenue grew 3.0% YoY, reaching $224.20M last quarter. TTM EBITDA of $207.10M and TTM operating income of $147.00M show growth is flowing through to the bottom line. TTM net income of $35.20M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 31.7%
Op. Margin: 25.0%
Net Margin: 16.2%

Op. margin of 25.0% is up 0.8% YoY — cost efficiency is improving. Net margin at 16.2% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 34.2x
P/S Ratio: 1.5x
P/B Ratio: 3.1x

At 34.2x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 1.5x and P/B of 3.1x provide additional context. P/E sits above typical market levels while revenue growth is below 5%. Over the past year, P/E is up 64% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $834.30M
Cash: $25.30M
Long-Term Debt: $198.20M
Book Value: $387.40M
D/E Ratio: 0.5
Debt/EBITDA: 2.8

With $834.30M in assets and $198.20M in long-term debt, D/E is 0.5and book value is $387.40M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 20% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $74.70M
TTM Free Cash Flow: $152.30M
FCF Margin: 19.6%
FCF / Net Income: 4.3

TTM FCF of $152.30M on $74.70M in operating cash flow. The FCF / Net Income ratio of 4.3x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 3 consecutive quarters — an improving trend.