(DFIN) Donnelley Financial - Overview

Sector: Technology | Industry: Software - Application | Exchange: NYSE (USA) | Market Cap: 992m USD | Total Return: -29.1% in 12m

Compliance Software, Regulatory Filing, Virtual Data Rooms, Financial Printing
Total Rating 32
Safety 83
Buy Signal -0.56
Software - Application
Industry Rotation: +10.0
Market Cap: 992M
Avg Turnover: 12.7M
Risk 3d forecast
Volatility37.3%
VaR 5th Pctl6.14%
VaR vs Median-0.10%
Reward TTM
Sharpe Ratio-0.57
Rel. Str. IBD5.4
Rel. Str. Peer Group8.8
Character TTM
Beta0.579
Beta Downside0.822
Hurst Exponent0.530
Drawdowns 3y
Max DD45.24%
CAGR/Max DD-0.13
CAGR/Mean DD-0.39
EPS (Earnings per Share) EPS (Earnings per Share) of DFIN over the last years for every Quarter: "2021-06": 1.38, "2021-09": 1.36, "2021-12": 1.07, "2022-03": 0.82, "2022-06": 1.54, "2022-09": 0.77, "2022-12": 0.59, "2023-03": 0.62, "2023-06": 1.34, "2023-09": 0.72, "2023-12": 0.61, "2024-03": 0.91, "2024-06": 1.66, "2024-09": 0.48, "2024-12": 0.4, "2025-03": 1.24, "2025-06": 1.49, "2025-09": 0.86, "2025-12": 0.7, "2026-03": 1.45,
EPS CAGR: 10.33%
EPS Trend: 86.0%
Last SUE: 0.39
Qual. Beats: 0
Revenue Revenue of DFIN over the last years for every Quarter: 2021-06: 267.5, 2021-09: 247.7, 2021-12: 232.8, 2022-03: 211, 2022-06: 266.2, 2022-09: 188.7, 2022-12: 167.7, 2023-03: 198.6, 2023-06: 242.1, 2023-09: 180, 2023-12: 176.5, 2024-03: 203.4, 2024-06: 242.7, 2024-09: 179.5, 2024-12: 156.3, 2025-03: 201.1, 2025-06: 218.1, 2025-09: 175.3, 2025-12: 172.5, 2026-03: 205.5,
Rev. CAGR: -2.00%
Rev. Trend: -76.5%
Last SUE: 0.07
Qual. Beats: 0

Warnings

Choppy Below Avwap Earnings

Tailwinds

No distinct edge detected

Description: DFIN Donnelley Financial

Donnelley Financial Solutions (DFIN) is a global provider of regulatory and compliance software and services, structured into four segments focusing on Capital Markets and Investment Companies. The company delivers cloud-based platforms, such as Venue and ActiveDisclosure, which facilitate document management, SEC filing, and transactional collaboration for public and private entities. DFIN also provides tech-enabled services for investor communications, proxy services, and iXBRL-formatted filings.

Operating within the Financial Exchanges & Data sub-industry, DFIN benefits from the recurring nature of regulatory mandates, as public companies must adhere to strict filing timelines regardless of market volatility. The business model is increasingly shifting toward a Software-as-a-Service (SaaS) structure to capture higher margins compared to traditional print and distribution services. You may find further insights into these margin trends by reviewing the data on ValueRay.

Founded in 1983 and headquartered in Pennsylvania, the firm maintains a significant international presence across Asia, Europe, and Canada. Its integrated Arc Suite serves investment companies by centralizing the storage and submission of regulatory data to global authorities.

Headlines to Watch Out For
  • Global IPO and M&A volume fluctuations dictate Capital Markets transactional revenue
  • Recurring software subscription growth shifts revenue mix toward higher-margin digital products
  • SEC regulatory changes and filing mandate updates drive compliance software demand
  • Transition from legacy print services to cloud platforms improves consolidated operating margins
  • High interest rates and market volatility depress corporate deal-making and transactional activity
Piotroski VR-10 (Strict) 5.0
Net Income: 34.9m TTM > 0 and > 6% of Revenue
FCF/TA: 0.17 > 0.02 and ΔFCF/TA 5.91 > 1.0
NWC/Revenue: 9.79% < 20% (prev 6.04%; Δ 3.75% < -1%)
CFO/TA 0.23 > 3% & CFO 197.0m > Net Income 34.9m
Net Debt (215.4m) to EBITDA (127.8m): 1.69 < 3
Current Ratio: 1.41 > 1.5 & < 3
Outstanding Shares: last quarter (26.3m) vs 12m ago -10.85% < -2%
Gross Margin: 61.59% > 18% (prev 62.70%; Δ -1.11% > 0.5%)
Asset Turnover: 91.10% > 50% (prev 91.42%; Δ -0.32% > 0%)
Interest Coverage Ratio: 4.44 > 6 (EBIT TTM 60.8m / Interest Expense TTM 13.7m)
Altman Z'' 4.23
A: 0.09 (Total Current Assets 261.1m - Total Current Liabilities 185.6m) / Total Assets 840.8m
B: 0.71 (Retained Earnings 594.4m / Total Assets 840.8m)
C: 0.07 (EBIT TTM 60.8m / Avg Total Assets 846.8m)
D: 0.81 (Book Value of Equity 376.7m / Total Liabilities 464.1m)
Altman-Z'' = 4.23 = AA
Beneish M -3.03
DSRI: 1.03 (Receivables 201.9m/198.2m, Revenue 771.4m/779.6m)
GMI: 1.02 (GM 62.70% / 61.59%)
AQI: 0.97 (AQ_t 0.67 / AQ_t-1 0.69)
SGI: 0.99 (Revenue 771.4m / 779.6m)
TATA: -0.19 (NI 34.9m - CFO 197.0m) / TA 840.8m)
Beneish M = -3.03 (Cap -4..+1) = AA
What is the price of DFIN shares?

As of June 04, 2026, the stock is trading at USD 38.69 with a total of 267,653 shares traded.
Over the past week, the price has changed by -1.65%, over one month by -23.58%, over three months by -25.27% and over the past year by -29.05%.

Is DFIN a buy, sell or hold?

Donnelley Financial has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy DFIN.

  • StrongBuy: 1
  • Buy: 2
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the DFIN price?
Analysts Target Price 63 62.8%
Donnelley Financial (DFIN) - Fundamental Data Overview as of 01 June 2026
Market Cap USD = 991.6m (991.6m USD * 1.0 USD.USD)
P/E Trailing = 28.9708
P/E Forward = 7.8186
P/S = 1.2768
P/B = 2.609
P/EG = 0.9684
Revenue TTM = 771.4m USD
EBIT TTM = 60.8m USD
EBITDA TTM = 127.8m USD
Long Term Debt = 224.1m USD (from longTermDebt, last quarter)
Short Term Debt = 8.80m USD (from shortTermDebt, last quarter)
Debt = 241.5m USD (from shortLongTermDebtTotal, last quarter) + Leases 5.80m
Net Debt = 215.4m USD (calculated: Debt 241.5m - CCE 26.1m)
Enterprise Value = 1.21b USD (991.6m + Debt 241.5m - CCE 26.1m)
Interest Coverage Ratio = 4.44 (Ebit TTM 60.8m / Interest Expense TTM 13.7m)
EV/FCF = 8.45x (Enterprise Value 1.21b / FCF TTM 142.8m)
FCF Yield = 11.83% (FCF TTM 142.8m / Enterprise Value 1.21b)
FCF Margin = 18.51% (FCF TTM 142.8m / Revenue TTM 771.4m)
Net Margin = 4.52% (Net Income TTM 34.9m / Revenue TTM 771.4m)
Gross Margin = 61.59% ((Revenue TTM 771.4m - Cost of Revenue TTM 296.3m) / Revenue TTM)
Gross Margin QoQ = 56.74% (prev 63.54%)
Tobins Q-Ratio = 1.44 (Enterprise Value 1.21b / Total Assets 840.8m)
Interest Expense / Debt = 5.67% (Interest Expense 13.7m / Debt 241.5m)
Taxrate = 24.62% (11.4m / 46.3m)
NOPAT = 45.8m (EBIT 60.8m * (1 - 24.62%))
Current Ratio = 1.41 (Total Current Assets 261.1m / Total Current Liabilities 185.6m)
Debt / Equity = 0.64 (Debt 241.5m / totalStockholderEquity, last quarter 376.7m)
Debt / EBITDA = 1.69 (Net Debt 215.4m / EBITDA 127.8m)
Debt / FCF = 1.51 (Net Debt 215.4m / FCF TTM 142.8m)
Total Stockholder Equity = 402.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.12% (Net Income 34.9m / Total Assets 840.8m)
RoE = 8.66% (Net Income TTM 34.9m / Total Stockholder Equity 402.8m)
RoCE = 9.70% (EBIT 60.8m / Capital Employed (Equity 402.8m + L.T.Debt 224.1m))
RoIC = 7.18% (NOPAT 45.8m / Invested Capital 637.9m)
WACC = 7.29% (E(991.6m)/V(1.23b) * Re(8.02%) + D(241.5m)/V(1.23b) * Rd(5.67%) * (1-Tc(0.25)))
Discount Rate = 8.02% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -85.40 | Cagr: -6.51%
[DCF] Terminal Value 77.97% ; FCFF base≈123.4m ; Y1≈141.5m ; Y5≈208.3m
[DCF] Fair Price = 116.8 (EV 3.13b - Net Debt 215.4m = Equity 2.92b / Shares 25.0m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 86.04 | EPS CAGR: 10.33% | SUE: 0.39 | # QB: 0
Revenue Correlation: -76.52 | Revenue CAGR: -2.00% | SUE: 0.07 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.63 | Chg30d=-2.00% | Revisions=+14% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.91 | Chg30d=+0.73% | Revisions=-14% | Analysts=3
EPS current Year (2026-12-31): EPS=4.76 | Chg30d=+1.49% | Revisions=+0% | GrowthEPS=+51.2% | GrowthRev=+1.3%
EPS next Year (2027-12-31): EPS=5.26 | Chg30d=+2.73% | Revisions=+0% | GrowthEPS=+10.5% | GrowthRev=+4.0%
[Analyst] Revisions Ratio: +14%