Donnelley Financial Solutions (DFIN)

Technology · Software - Application
$48.46 -3.47% on the day Market cap $1.3B 52-week range $36.11 to $56.26 Prices as of Oct 11, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Free cash flow growth the price needs
-2% a year for 10 years

At a market value of $1.3B, Donnelley Financial Solutions's free cash flow of $108M (fiscal 2025) would need to grow about -2% a year for the stock to be worth today's price. That is slower than the company has grown its free cash flow over the last 9 years.

Assumes a 9% discount rate and 3% growth after year 10, on free cash flow (operating cash flow minus capital spending) from Donnelley Financial Solutions's SEC filings. Change any assumption, or model revenue and margins instead, in the Modeling tab, or try your own numbers in the reverse DCF calculator.

Implied by the price-2.1% a year
Free cash flow, last 9 years3.4% a year
Revenue, same period-2.7% a year
Price to free cash flow11.6x

Fundamental grade

C

Five factors scored 1 to 9 from DFIN's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation7
Profitability6
Growth4
Financial health3
Cash efficiency7

Results from SEC filings

Fiscal years, from Donnelley Financial Solutions's 10-K filings. Ten years of the full income statement, balance sheet and cash flow.

Fiscal year20212022202320242025
Revenue$993M$834M$797M$782M$767M
Net income$146M$102M$82M$92M$32M
Free cash flow$138M$96M$62M$105M$108M
EPS (diluted)$4.14$3.17$2.69$3.06$1.15
Operating margin22.1%17.4%13.8%17.5%18.4%

Where the revenue comes from

Revenue by segments, fiscal 2025. Every breakdown, year by year.

Capital Markets - Compliance and Communications Management$296M39%
Capital Markets - Software Solutions$230M30%
Investment Companies - Software Solutions$128M17%
Investment Companies - Compliance and Communications Management$112M15%

Superinvestors who own DFIN

From each investor's latest 13F filing (what a 13F shows).

None of the superinvestors we track held DFIN in their latest 13F.

Insider buying

Open-market purchases by Donnelley Financial Solutions's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you. Every purchase since records began.

DateInsiderSharesPriceValue
Sep 2, 2026 Joseph Leo Binz
Director
5,780$47.75$275,995
Sep 1, 2026 Joseph Leo Binz
Director
5,000$47.75$238,750
Sep 1, 2026 Joseph Leo Binz
Director
10,000$48.52$485,245

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

What growth does Donnelley Financial Solutions's stock price imply?

At a market value of $1.3B, Donnelley Financial Solutions would need its free cash flow to grow about -2% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 9 years its free cash flow grew 3% a year.

Are Donnelley Financial Solutions insiders buying the stock?

3 open-market insider purchases of DFIN in the last 12 months, from SEC Form 4 filings.

Prices and ratios as of Oct 11, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.