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

$61.07+7.95(0.15%)Pre-market

Market Cap

$1.67B

P/E

17.2x

P/S

2.1x

P/B

4.1x

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

ExcellentMetricSide Score: 84/100

Strongest: Cash & Earnings Quality (23/25); weakest: Growth (17/25).

Profitability22/25

Growth17/25

Balance Sheet & Red Flags22/25

Cash & Earnings Quality23/25

Strengths

Rising free cash flowStrong marginsHigh ROERising earnings

Valuation vs. 5-year range

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

P/E · 17.2x5y range 12.8x – 43.4x

Currently near its 20-quarter median.

P/S · 2.1x5y range 1.3x – 2.3x

Currently near its 20-quarter median.

P/B · 4.1x5y range 2.7x – 5.3x

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.

Cash Burn

Watch

FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.

Price & Volume

Market Cap $1.67B

Metrics at a Glance

as of September 2026

Revenue & Profit

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

TTM Revenue: $787.20M
Q. Revenue: $185.00M
TTM EBITDA: $210.60M
TTM Op. Income: $151.40M
Q. Op. Income: $32.60M
TTM Net Income: $97.40M
Q. Net Income: $21.30M
EPS: $0.86
Shares Out.: $24.70M

$787.20M in TTM revenue grew 4.8% YoY, reaching $185.00M last quarter. TTM EBITDA of $210.60M and TTM operating income of $151.40M show growth is flowing through to the bottom line. TTM net income of $97.40M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 4 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 25.4%
Op. Margin: 17.6%
Net Margin: 11.5%

Op. margin of 17.6% is up 1.5% YoY — cost efficiency is improving. Net margin at 11.5% Over the past year, operating margin is up 10% — a weakening trend.

Price Ratios

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

P/E Ratio: 17.2x
P/S Ratio: 2.1x
P/B Ratio: 4.1x

At 17.2x P/E, the stock trades within typical market levels. P/S of 2.1x and P/B of 4.1x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 4 consecutive quarters — an improving trend.

Assets & Liabilities

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

Total Assets: $788.20M
Cash: $27.20M
Long-Term Debt: $121.20M
Book Value: $409.10M
D/E Ratio: 0.3
Debt/EBITDA: 2.6

With $788.20M in assets and $121.20M in long-term debt, D/E is 0.3and book value is $409.10M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

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

Op. Cash Flow: $98.20M
TTM Free Cash Flow: $178.90M
FCF Margin: 22.7%
FCF / Net Income: 1.8

TTM FCF of $178.90M on $98.20M in operating cash flow. The FCF / Net Income ratio of 1.8x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 4 consecutive quarters — an improving trend.