Donnelley Financial Solutions, Inc. (DFIN) Financial Ratios
12 years of historical data (2014–2025) · Financial Services · Financial - Capital Markets
EV/EBITDA
↑
5.14
↓-35% vs avg
5yr avg: 7.96
30Y Low4.7·High10.6
P/FCF
↑
8.92
↓-48% vs avg
5yr avg: 17.19
30Y Low4.7·High37.0
P/B Ratio
↓
2.86
↓-31% vs avg
5yr avg: 4.15
30Y Low1.3·High6.8
ROE
↓
7.9%
↑-69% vs avg
5yr avg: 25.6%
30Y Low-10%·High47%
Debt/EBITDA
↑
0.84
+5% vs avg
5yr avg: 0.80
30Y Low0.2·High4.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
DFIN Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Donnelley Financial Solutions, Inc. trades at 33.5x earnings, 55% above its 5-year average of 21.6x, sitting at the 78th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.6x, the stock trades at a premium of 145%. On a free-cash-flow basis, the stock trades at 8.9x P/FCF, 48% below the 5-year average of 17.2x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $962M | $1.3B | $1.9B | $1.9B | $1.2B | $1.7B | $575M | $359M | $477M | $649M | $754M |
| Enterprise Value | $1.1B | $1.5B | $2.0B | $2.0B | $1.4B | $1.8B | $803M | $718M | $792M | $1.1B | $1.3B |
| P/E Ratio → | 33.49 | 40.60 | 20.50 | 23.19 | 12.19 | 11.39 | — | 9.52 | 6.50 | 67.21 | 12.77 |
| P/S Ratio | 1.25 | 1.72 | 2.42 | 2.39 | 1.50 | 1.67 | 0.64 | 0.41 | 0.50 | 0.65 | 0.77 |
| P/B Ratio | 2.86 | 3.47 | 4.34 | 4.75 | 3.79 | 4.40 | 2.32 | 1.34 | 2.11 | 4.34 | 6.78 |
| P/FCF | 8.92 | 12.21 | 18.01 | 30.68 | 13.00 | 12.05 | 4.67 | 37.02 | 16.34 | 10.20 | 9.45 |
| P/OCF | 5.83 | 7.98 | 11.07 | 15.39 | 8.31 | 9.22 | 3.73 | 6.59 | 7.19 | 7.10 | 7.11 |
P/E links to full P/E history page with 30-year chart
DFIN EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Donnelley Financial Solutions, Inc.'s enterprise value stands at 5.1x EBITDA, 35% below its 5-year average of 8.0x. The Financial Services sector median is 11.4x, placing the stock at a 55% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.92 | 2.53 | 2.56 | 1.72 | 1.80 | 0.90 | 0.82 | 0.82 | 1.05 | 1.33 |
| EV / EBITDA | 5.14 | 6.77 | 9.32 | 10.62 | 6.64 | 6.47 | 10.32 | 4.78 | 4.75 | 7.53 | 8.80 |
| EV / EBIT | 7.39 | 25.81 | 14.13 | 17.00 | 9.58 | 8.24 | 100.37 | 8.34 | 5.68 | 10.65 | 12.31 |
| EV / FCF | — | 13.67 | 18.84 | 32.77 | 14.90 | 13.01 | 6.52 | 74.06 | 27.14 | 16.59 | 16.35 |
DFIN Profitability
Margins and return-on-capital ratios measuring operating efficiency
Donnelley Financial Solutions, Inc. earns an operating margin of 19.8%, roughly in line with the Financial Services sector average. Operating margins have expanded from 15.0% to 19.8% over the past 3 years, signaling improving operational efficiency. ROE of 7.9% is modest, trailing the sector median of 9.0%. ROIC of 19.9% represents solid returns on invested capital versus a sector median of 5.5%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 63.4% | 63.4% | 61.9% | 58.2% | 55.6% | 58.4% | 44.5% | 38.0% | 39.0% | 38.2% | 37.1% |
| Operating Margin | 19.8% | 19.8% | 18.3% | 15.0% | 18.3% | 22.1% | 0.4% | 9.0% | 12.6% | 9.5% | 10.7% |
| Net Profit Margin | 4.2% | 4.2% | 11.8% | 10.3% | 12.3% | 14.7% | -2.9% | 4.3% | 7.6% | 1.0% | 6.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 7.9% | 7.9% | 22.0% | 22.5% | 29.0% | 46.7% | -10.0% | 15.2% | 39.2% | 7.4% | 16.1% |
| ROA | 3.9% | 3.9% | 11.1% | 10.1% | 12.0% | 16.4% | -2.9% | 4.3% | 8.4% | 1.0% | 6.6% |
| ROIC | 19.9% | 19.9% | 18.9% | 16.3% | 20.6% | 29.5% | 0.5% | 9.5% | 15.2% | 11.0% | 11.6% |
| ROCE | 24.6% | 24.6% | 23.1% | 19.8% | 24.9% | 34.2% | 0.5% | 11.4% | 17.6% | 12.8% | 14.1% |
DFIN Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Donnelley Financial Solutions, Inc. carries a Debt/EBITDA ratio of 0.8x, which is very conservative (80% below the sector average of 4.3x). Net debt stands at $157M ($182M total debt minus $25M cash). Interest coverage of 4.1x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.48 | 0.48 | 0.33 | 0.38 | 0.66 | 0.50 | 1.22 | 1.40 | 1.60 | 3.07 | 5.28 |
| Debt / EBITDA | 0.84 | 0.84 | 0.68 | 0.80 | 1.00 | 0.68 | 3.87 | 2.51 | 2.17 | 3.27 | 3.96 |
| Net Debt / Equity | — | 0.41 | 0.20 | 0.32 | 0.55 | 0.35 | 0.92 | 1.34 | 1.40 | 2.72 | 4.96 |
| Net Debt / EBITDA | 0.72 | 0.72 | 0.41 | 0.68 | 0.84 | 0.48 | 2.93 | 2.39 | 1.89 | 2.90 | 3.71 |
| Debt / FCF | — | 1.46 | 0.83 | 2.09 | 1.89 | 0.96 | 1.85 | 37.04 | 10.80 | 6.39 | 6.90 |
| Interest Coverage | 4.08 | 4.08 | 9.28 | 6.70 | 14.93 | 10.99 | 0.31 | 2.53 | 3.80 | 2.31 | 9.06 |
DFIN Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.06x means Donnelley Financial Solutions, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.06 | 1.06 | 1.04 | 1.03 | 1.02 | 1.07 | 1.12 | 1.18 | 1.26 | 1.44 | 1.77 |
| Quick Ratio | 1.06 | 1.06 | 1.04 | 1.03 | 1.02 | 1.07 | 1.12 | 1.18 | 1.26 | 1.44 | 1.77 |
| Cash Ratio | 0.12 | 0.12 | 0.26 | 0.11 | 0.15 | 0.21 | 0.31 | 0.10 | 0.24 | 0.28 | 0.19 |
| Asset Turnover | — | 0.96 | 0.91 | 0.99 | 1.01 | 1.12 | 1.00 | 0.99 | 1.11 | 1.12 | 1.00 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
DFIN Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Donnelley Financial Solutions, Inc. returns 19.2% to shareholders annually primarily through share buybacks. The earnings yield of 3.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.0% | 2.5% | 4.9% | 4.3% | 8.2% | 8.8% | — | 10.5% | 15.4% | 1.5% | 7.8% |
| FCF Yield | 11.2% | 8.2% | 5.6% | 3.3% | 7.7% | 8.3% | 21.4% | 2.7% | 6.1% | 9.8% | 10.6% |
| Buyback Yield | 19.2% | — | — | — | — | — | — | — | — | — | — |
| Total Shareholder Yield | 19.2% | — | — | — | — | — | — | — | — | — | — |
| Shares Outstanding | — | $28M | $30M | $31M | $32M | $35M | $34M | $34M | $34M | $33M | $33M |
Peer Comparison
Compare DFIN with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 DFINYou | $962M | 33.5 | 5.1 | 8.9 | 63.4% | 19.8% | 7.9% | 19.9% | 0.8 |
 WLYB | $2B | 10.8 | 6.9 | 11.3 | 71.1% | 17.7% | 27.7% | 14.3% | 1.7 |
 TRMK | $3B | 12.2 | 9.5 | 11.4 | 71.0% | 25.5% | 11.0% | 7.1% | 3.4 |
 WK | $3B | -97.8 | — | 18.7 | 78.5% | -4.8% | — | -7.0% | — |
 DSGX | $6B | 34.8 | 16.3 | 21.5 | 65.9% | 32.3% | 11.2% | 14.9% | 0.0 |
 INTU | $71B | 18.9 | 13.0 | 11.6 | 80.8% | 26.1% | 20.3% | 16.5% | 1.2 |
 VRSK | $22B | 26.0 | 14.9 | 18.6 | 67.3% | 44.6% | 437.9% | 33.0% | 3.0 |
 FDS | $8B | 14.1 | 10.0 | 13.1 | 52.7% | 32.2% | 29.1% | 15.5% | 1.7 |
 MSCI | $42B | 37.3 | 24.9 | 27.3 | 82.4% | 54.7% | — | 34.9% | 3.3 |
 TRI | $33B | 22.5 | 12.0 | 16.3 | 75.8% | 26.6% | 12.6% | 11.2% | 0.7 |
 ADBE | $77B | 11.7 | 8.3 | 7.9 | 88.6% | 36.6% | 55.4% | 51.4% | 0.7 |
| Financial Services Median | — | 13.6 | 11.4 | 11.1 | 64.1% | 20.3% | 9.0% | 5.5% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 12 years · Updated daily
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DFIN — Frequently Asked Questions
Quick answers to the most common questions about buying DFIN stock.
What is Donnelley Financial Solutions, Inc.'s P/E ratio?
Donnelley Financial Solutions, Inc.'s current P/E ratio is 33.5x. The historical average is 22.7x. This places it at the 78th percentile of its historical range.
What is Donnelley Financial Solutions, Inc.'s EV/EBITDA?
Donnelley Financial Solutions, Inc.'s current EV/EBITDA is 5.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.6x.
What is Donnelley Financial Solutions, Inc.'s ROE?
Donnelley Financial Solutions, Inc.'s return on equity (ROE) is 7.9%. The historical average is 19.5%.
Is DFIN stock overvalued?
Based on historical data, Donnelley Financial Solutions, Inc. is trading at a P/E of 33.5x. This is at the 78th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Donnelley Financial Solutions, Inc.'s profit margins?
Donnelley Financial Solutions, Inc. has 63.4% gross margin and 19.8% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Donnelley Financial Solutions, Inc. have?
Donnelley Financial Solutions, Inc.'s Debt/EBITDA ratio is 0.8x, indicating low leverage. A ratio below 2x is generally considered financially healthy.