Financial Services · Financial - Capital Markets
Price
$40.55
Market Cap
$1.0B
Employees
1,800
Beta
0.73
Avg Volume
307,122
CEO
Daniel N. Leib
Business Description
Donnelley Financial Solutions, Inc. (DFIN) is an international firm specializing in risk management and regulatory compliance solutions. The company organizes its operations across four distinct 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 offers software platforms such as Venue, ActiveDisclosure, and eBrevia. These tools assist both public and private entities in managing various transaction processes, extracting and analyzing contractual data, facilitating collaboration, and handling the tagging, validation, and submission of documents to the SEC. CM-CCM provides technology-driven services, coupled with printing and distribution solutions, to public and private businesses. This support is crucial for executing deals and fulfilling SEC regulatory requirements. IC-SS furnishes investment companies with the Arc Suite, a comprehensive, cloud-based platform encompassing a full set of tools and services. This platform acts as a self-service central hub for the storage, management, access, assembly, editing, translation, rendering, and submission of critical compliance and regulatory documents to various oversight bodies. Finally, IC-CCM delivers technology-powered services for the creation and submission of regulatory and investor communications. This includes specialized XBRL filings, as mandated by the Investment Act, which are channeled through the SEC EDGAR system. Additionally, this segment offers comprehensive, end-to-end proxy services, covering everything from initial discovery and strategic planning to implementation, print and mail management, solicitation, tabulation, shareholder meeting analysis, and expert advisory support. Donnelley Financial Solutions, Inc. was established in 1983 and maintains its corporate headquarters in Chicago, Illinois.
Business History
Price Overview
Last updated: Jun 27, 2026 10:08am (just now)$40.55
+0.95 (+2.40%)
Day Range
$39.72 – $40.80
52-Week Range
$36.11 – $66.25
50-Day MA
$42.64
200-Day MA
$47.47
Volume
254,120.00
Analyst Price Targets
Low
$62.00
Consensus
$62.00
High
$62.00
(9 analysts)
Share Structure
Outstanding
24,982,400.00
Float
23,683,791.00
Free Float
94.8%
High free float
— 94.8% of shares trade freely, ~5.2% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
29.86
Stock Price: $40.55
EPS (Diluted): 1.18
EPS (Diluted): 1.18
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
3.39
Stock Price: $40.55
Total Equity: $379.20M
Shares: 28,200,000
Total Equity: $379.20M
Shares: 28,200,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
9.63
Market Cap: $1.01B
Total Debt: $178.50M
Cash: $24.50M
EBITDA: $123.20M
Total Debt: $178.50M
Cash: $24.50M
EBITDA: $123.20M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$1.4B
Market Cap: $1.01B
Total Debt: $178.50M
Cash: $24.50M
Total Debt: $178.50M
Cash: $24.50M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
63.4%
Gross Profit: $486.60M
Revenue: $767.00M
Revenue: $767.00M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
19.8%
Operating Income: $151.50M
Revenue: $767.00M
Revenue: $767.00M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
4.2%
Net Income: $32.40M
Revenue: $767.00M
Revenue: $767.00M
ROE (Profit from shareholder equity)
APINet Income / Total Equity
8.7%
Net Income: $32.40M
Total Equity: $379.20M
Total Equity: $379.20M
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
17.3%
Operating Income: $151.50M
Tax Rate: 24.8%
Equity: $379.20M
Total Debt: $178.50M
Cash: $24.50M
Tax Rate: 24.8%
Equity: $379.20M
Total Debt: $178.50M
Cash: $24.50M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
1.06
Current Assets: $211.40M
Current Liabilities: $200.00M
Current Liabilities: $200.00M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.47
Short-Term Debt: $9.70M
Long-Term Debt: $168.80M
Total Debt: $178.50M
Total Equity: $379.20M
Long-Term Debt: $168.80M
Total Debt: $178.50M
Total Equity: $379.20M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$27.20
Revenue: $767.00M
Shares: 28,200,000
Shares: 28,200,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$13.45
Total Equity: $379.20M
Shares: 28,200,000
Shares: 28,200,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$3.82
Operating CF: $164.90M
CapEx: -$57.10M
Shares: 28,200,000
CapEx: -$57.10M
Shares: 28,200,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.0%
Last Dividend: N/A
Stock Price: $40.55
Stock Price: $40.55
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $32.40M
Net Income: $32.40M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares DFIN against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 22, 2026 1:28am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $993.3M | $833.6M | $797.2M | $781.9M | $767.0M |
| Cost of Revenue | $413.1M | $370.2M | $333.3M | $297.9M | $280.4M |
| Gross Profit | $580.2M | $463.4M | $463.9M | $484.0M | $486.6M |
| Operating Expenses | $360.9M | $310.7M | $344.1M | $340.8M | $335.1M |
| Operating Income | $219.3M | $152.7M | $119.8M | $143.2M | $151.5M |
| Net Income | $145.9M | $102.5M | $82.2M | $92.4M | $32.4M |
| EBITDA | $275.2M | $212.0M | $192.0M | $209.7M | $123.2M |
| EPS | $4.36 | $3.33 | $2.81 | $3.16 | $1.18 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 22, 2026 1:28am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $54.5M | $34.2M | $23.1M | $57.3M | $24.5M |
| Total Current Assets | $279.7M | $228.4M | $208.5M | $232.5M | $211.4M |
| Total Assets | $883.3M | $828.3M | $806.9M | $857.0M | $800.4M |
| Current Liabilities | $261.4M | $224.8M | $201.6M | $224.1M | $200.0M |
| Long-Term Debt | $124.0M | $169.2M | $124.5M | $124.7M | $168.8M |
| Total Liabilities | $506.3M | $498.8M | $404.7M | $420.9M | $421.2M |
| Total Equity | $377.0M | $329.5M | $402.2M | $436.1M | $379.2M |
| Retained Earnings | $251.4M | $353.9M | $436.1M | $528.5M | $560.9M |
Cash Flow (Annual)
Last updated: Jun 22, 2026 1:28am (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $180.0M | $150.2M | $124.0M | $171.1M | $164.9M |
| Capital Expenditure | -$42.3M | -$54.2M | -$61.8M | -$65.9M | -$57.1M |
| Free Cash Flow | $137.7M | $96.0M | $62.2M | $105.2M | $107.8M |
| Acquisitions (net) | -$3.6M | $3.3M | $500,000 | $12.4M | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$40.9M | -$164.7M | -$40.3M | -$81.6M | -$185.0M |
| Net Change in Cash | -$19.1M | -$20.3M | -$11.1M | $34.2M | -$32.8M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 10:08am (just now)| Metric | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| Revenue |
$794.8M $792.0M – $797.6M
|
$749.8M $747.1M – $752.4M
|
$777.1M $774.4M – $779.8M
|
$808.2M $805.4M – $811.0M
|
| EBITDA |
$190.9M $190.2M – $191.6M
|
$180.1M $179.5M – $180.7M
|
$186.7M $186.0M – $187.3M
|
$194.1M $193.5M – $194.8M
|
| Net Income |
$99.8M $99.4M – $100.3M
|
$113.4M $112.8M – $113.9M
|
$134.3M $133.7M – $134.9M
|
$148.4M $147.7M – $149.1M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 22, 2026 1:28am (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | -16.1% | -4.4% | -1.9% | -1.9% |
| Gross Profit Growth | -20.1% | +0.1% | +4.3% | +0.5% |
| Operating Income Growth | -30.4% | -21.5% | +19.5% | +5.8% |
| Net Income Growth | -29.7% | -19.8% | +12.4% | -64.9% |
| EBITDA Growth | -23.0% | -9.4% | +9.2% | -41.2% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-13 | Ellis Juliet S | A-Award | 4,265.00 | $0.00 | $0 |
| 2026-05-13 | CRANDALL RICHARD L | A-Award | 5,864.00 | $0.00 | $0 |
| 2026-05-13 | MARTIN LOIS M | A-Award | 4,265.00 | $0.00 | $0 |
| 2026-05-13 | Aguilar Luis A | A-Award | 4,265.00 | $0.00 | $0 |
| 2026-05-13 | Pattabhiram Chandar | A-Award | 4,265.00 | $0.00 | $0 |
| 2026-05-13 | Sayed Ayman | A-Award | 4,265.00 | $0.00 | $0 |
| 2026-05-13 | GREENFIELD GARY G | A-Award | 4,265.00 | $0.00 | $0 |
| 2026-03-06 | Johnson Eric J | S-Sale | 20,280.00 | $50.16 | $1.0M |
| 2026-03-03 | Turner Kami | A-Award | 2,578.00 | $0.00 | $0 |
| 2026-03-03 | Turner Kami | A-Award | 3,344.00 | $51.77 | $173,119 |
| 2026-03-04 | Turner Kami | F-InKind | 269.00 | $52.97 | $14,249 |
| 2026-03-03 | Turner Kami | A-Award | 262.00 | $0.00 | $0 |
| 2026-03-03 | Turner Kami | F-InKind | 2,795.00 | $51.77 | $144,697 |
| 2026-03-03 | Turner Kami | F-InKind | 753.00 | $51.77 | $38,983 |
| 2026-03-03 | Williams Robert Kirk | A-Award | 13,256.00 | $0.00 | $0 |
| 2026-03-04 | Williams Robert Kirk | F-InKind | 954.00 | $52.97 | $50,533 |
| 2026-03-03 | Williams Robert Kirk | A-Award | 10,292.00 | $51.77 | $532,817 |
| 2026-03-04 | Williams Robert Kirk | S-Sale | 7,684.00 | $52.03 | $399,786 |
| 2026-03-03 | Williams Robert Kirk | A-Award | 1,200.00 | $0.00 | $0 |
| 2026-03-03 | Williams Robert Kirk | F-InKind | 7,533.00 | $51.77 | $389,983 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for DFIN — it's generated by the pipeline (
market-narrative step).
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My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30