Donnelley Financial Solutions, Inc. Financial Ratios — 1DN

Profitability (USD)

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	21.39	16.09	7.45	39.21	15.2	-10.03	46.7	29.02	22.47	22.04	7.95
Return on Assets (%)	- -	- -	11.51	6.58	1.04	8.35	4.28	-2.96	16.68	11.98	10.05	11.21	3.95
Return on Capital (%)	- -	- -	19.26	9.77	2.62	16.7	10.07	- -	28.99	19.94	17.63	18.32	7.56
Return on Invested Capital (%)	- -	- -	19.4	9.76	2.55	14.52	9.19	- -	29.52	19.91	16.72	18.57	19.47
Gross Margin (%)	36.91	39.51	39.83	37.06	38.16	39.01	37.99	44.55	58.41	55.59	58.19	61.9	63.44
EBITDA Margin (%)	18.23	12.17	20.43	15.08	13.95	17.33	17.17	8.7	27.88	24.92	22.84	26.36	27.01
Operating Margin (%)	16.01	8.85	16.87	11.23	10.23	7.45	10.53	9.26	23.45	18.32	15.03	18.31	19.75
Incremental Operating Margin (%)	- -	1,475.47	- -	101.06	- -	74.22	- -	- -	151.92	50.22	90.38	- -	- -
Pretax Margin (%)	14.64	8.55	16.36	9.59	5.59	10.66	5.96	-1.96	19.91	16.71	12.79	16	5.62
Profit Margin (%)	8.87	5.31	9.94	6.01	0.97	7.64	4.3	-2.9	14.69	12.3	10.31	11.82	4.22
Net Income to Common Margin (%)	8.87	5.31	9.94	6.01	0.97	7.64	4.3	-2.9	14.69	12.3	10.31	11.82	4.22
Effective Tax Rate (%)	39.4	37.88	39.25	37.33	82.74	28.33	27.83	- -	26.24	26.42	19.41	26.14	24.83
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	21.39	16.09	7.45	39.21	15.2	-10.03	46.7	29.02	22.47	22.04	7.95

Credit (USD)

Credit Ratios API ChatGPT

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	- -	77	38	587	458	363	377	301	181	214	151	141	179
ST Debt	- -	33	9	- -	- -	- -	23	20	18	16	14	10	10
LT Debt	- -	44	29	587	458	363	354	282	163	198	137	131	169
Total Debt/EBITDA	- -	0.58	0.18	3.96	3.27	2.17	2.51	3.87	0.65	1.03	0.83	0.69	0.86
Net Debt/EBITDA	- -	0.37	0.11	3.71	2.9	1.89	1.86	2.02	0.25	0.65	0.56	0.33	0.71
Total Debt/EBIT	- -	0.85	0.22	5.59	4.79	3	4.8	83.67	0.83	1.48	1.37	1.04	1.27
Net Debt/EBIT	- -	0.53	0.13	5.25	4.25	2.6	3.55	43.58	0.32	0.93	0.92	0.49	1.04
EBITDA to Interest Expense	89.95	87.67	194.91	12.68	3.27	4.55	4.42	3.05	13.98	20.77	10.17	13.65	14.8
EBITDA-CapEx/Interest Expense	89.95	87.67	194.91	12.68	3.27	4.55	4.42	3.05	13.98	20.77	10.17	13.65	14.8
EBIT to Interest Expense	79	63.73	161	9.44	2.4	1.95	2.71	3.25	11.76	15.27	6.69	9.48	10.82
Interest Expense	2	2	1	12	43	37	34	26	20	10	18	15	14
Common Equity/Total Assets	- -	35.36	76.26	11.35	16.72	26.02	30.29	28.63	42.68	39.78	49.85	51.82	47.38
Long-Term Debt/Equity (%)	- -	12.52	4.68	528.35	306.76	160.49	131.76	113.6	43.34	59.97	33.96	30.06	44.51
Long-Term Debt/Capital (%)	- -	10.27	4.41	84.09	75.42	61.61	54.86	51.28	29.27	36.36	24.71	22.7	30.27
Long-Term Debt/Total Assets (%)	- -	4.43	3.57	59.97	51.29	41.75	39.9	32.52	18.5	23.86	16.93	15.58	21.09
Total Debt/Equity (%)	- -	21.88	6.09	528.35	306.76	160.49	140.17	121.55	48.09	64.92	37.44	32.42	47.07
Total Debt/Capital (%)	- -	17.95	5.74	84.09	75.42	61.61	58.36	54.86	32.47	39.36	27.24	24.48	32.01
Total Debt/Total Assets (%)	- -	7.73	4.65	59.97	51.29	41.75	42.45	34.8	20.53	25.82	18.66	16.8	22.3
Net Debt to Equity	- -	13.74	3.67	495.77	271.95	139.56	103.8	63.32	18.44	40.97	25.21	15.46	38.71
Net Debt/Capital (%)	- -	12.08	3.54	83.21	73.11	58.26	44.4	33	13.8	26.51	19.14	12.96	27.53
EBITDA	198	132	214	148	140	167	150	78	277	208	182	206	207
EBITDA-CapEx	198	132	214	148	140	167	150	78	277	208	182	206	207
Operating Income (Loss)	174	96	177	110	103	72	92	83	233	153	120	143	152

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	0.2	0.12	0.19	0.28	0.24	0.1	0.31	0.21	0.15	0.11	0.26	0.12
Current Ratio	- -	1.44	1.54	1.77	1.44	1.26	1.18	1.12	1.07	1.02	1.03	1.04	1.06
Quick Ratio	- -	1.18	1.3	1.55	1.16	1.11	0.99	1.04	0.97	0.88	0.87	0.87	0.84
CFO/Avg Current Liab	- -	- -	0.91	0.68	0.49	0.34	0.29	0.74	0.72	0.62	0.58	0.8	0.78
Common Equity/Total Assets	- -	35.36	76.26	11.35	16.72	26.02	30.29	28.63	42.68	39.78	49.85	51.82	47.38
Long-Term Debt/Equity (%)	- -	12.52	4.68	528.35	306.76	160.49	131.76	113.6	43.34	59.97	33.96	30.06	44.51
Long-Term Debt/Capital (%)	- -	10.27	4.41	84.09	75.42	61.61	54.86	51.28	29.27	36.36	24.71	22.7	30.27
Long-Term Debt/Total Assets (%)	- -	4.43	3.57	59.97	51.29	41.75	39.9	32.52	18.5	23.86	16.93	15.58	21.09
Total Debt/Equity (%)	- -	21.88	6.09	528.35	306.76	160.49	140.17	121.55	48.09	64.92	37.44	32.42	47.07
Total Debt/Capital (%)	- -	17.95	5.74	84.09	75.42	61.61	58.36	54.86	32.47	39.36	27.24	24.48	32.01
Total Debt/Total Assets (%)	- -	7.73	4.65	59.97	51.29	41.75	42.45	34.8	20.53	25.82	18.66	16.8	22.3
CFO/Total Liabilities	- -	19.5	62.29	12.21	12.28	10.32	8.81	24.96	35.55	30.11	30.64	42.19	39.15
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	4	4.52	4.61	4.23	3.97	7.18	6.8	8.49	8.53	8.54

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	- -	7.38	6.5	6.25	5.7	5.23	5.34	5.33	4.6	5.06	5.4	5.46
Days Sales Outstanding	- -	- -	49.49	56.11	58.37	64.07	69.75	68.33	68.46	79.38	72.18	67.64	66.86
Inventory Turnover	- -	- -	28.26	26.74	26.22	33.18	46.76	62	78.69	54.84	- -	- -	- -
Days Inventory Outstanding	- -	- -	12.92	13.65	13.92	11	7.81	5.89	4.64	6.66	- -	- -	- -
Accounts Payable Turnover	- -	- -	17.06	9.95	8.11	8.22	8.27	8.69	9.14	8.71	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	21.4	36.68	45.02	44.41	44.12	41.99	39.91	41.89	- -	- -	- -
Cash Conversion Cycle	- -	- -	41.01	33.08	27.27	30.66	33.43	32.22	33.18	44.15	- -	- -	- -
Inventory to Cash Days	- -	- -	36.57	42.46	44.45	53.07	61.94	62.44	63.82	72.73	- -	- -	- -
Inventories	- -	23	22	24	23	12	11	5	6	8	- -	- -	- -
Raw Materials	- -	7	8	8	3	4	4	3	3	6	- -	- -	- -
Work In Process	- -	12	10	11	14	8	7	2	3	2	- -	- -	- -
Finished Goods	- -	3	5	6	6	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	748	659	472	349	565	1,563	1,151	1,831	1,778	1,191
- Cash & Cash Equivalents	- -	29	15	36	52	47	17	74	55	34	23	57	25
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	77	38	587	458	363	377	301	181	214	151	141	179
Enterprise Value	- -	- -	- -	1,298	1,065	788	708	793	1,690	1,331	1,958	1,862	1,345
Total Capital	- -	428	662	698	608	589	645	549	558	543	553	578	558
Total Debt/Capital (%)	- -	17.95	5.74	84.09	75.42	61.61	58.36	54.86	32.47	39.36	27.24	24.48	32.01
Total Debt / EV	- -	- -	- -	0.45	0.43	0.46	0.53	0.38	0.11	0.16	0.08	0.08	0.13
EV/Sales	- -	- -	- -	1.32	1.06	0.82	0.81	0.89	1.7	1.6	2.46	2.38	1.75
EV/EBITDA	- -	- -	- -	8.76	7.59	4.72	4.71	10.19	6.1	6.41	10.76	9.03	6.49
EV/EBIT	- -	- -	- -	12.37	11.13	6.5	9.02	220.27	7.7	9.18	17.8	13.63	9.53
EV/Cash Flow to Firm	- -	- -	- -	11.46	10.78	8.51	8.96	- -	8.68	8.45	14.15	10.22	7.67
EV/Free Cash Flow to Firm	- -	- -	- -	11.46	10.78	8.51	8.96	- -	8.68	8.45	14.15	10.22	7.67
Diluted Market Cap	- -	- -	- -	752	651	471	350	576	1,667	1,287	1,925	1,871	1,312
Diluted Enterprise Value	- -	- -	- -	1,303	1,057	786	709	803	1,794	1,466	2,053	1,955	1,466
EV per Share	- -	- -	- -	39.83	31.6	23.1	20.7	23.81	51.2	46.05	67.3	64.87	52.54
TTM Sales	1,085	1,080	1,050	984	1,005	963	875	895	993	834	797	782	767
TTM EBITDA	198	132	214	148	140	167	150	78	277	208	182	206	207
TTM Operating Income	174	96	177	110	103	72	92	83	233	153	120	143	152
TTM Cash Flow to Firm	141	126	122	113	99	93	79	- -	195	158	138	182	175
TTM Free Cash Flow to Firm	141	126	122	113	99	93	79	- -	195	158	138	182	175

Multiples (USD)

Valuation Multiples API ChatGPT

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	7.1	7.12	7.1	6.42	3.73	9.26	8.57	15.53	10.93	7.96
EV/EBIT	- -	- -	- -	12.37	11.13	6.5	9.02	220.27	7.7	9.18	17.8	13.63	9.53
Enterprise Value	- -	- -	- -	1,298	1,065	788	708	793	1,690	1,331	1,958	1,862	1,345
Low Price	- -	- -	- -	18.56	18.45	13.85	9.59	4.21	16.67	24.92	36.18	56.03	36.8
EV/Sales	- -	- -	- -	1.32	1.06	0.82	0.81	0.89	1.7	1.6	2.46	2.38	1.75
EV/EBITDA	- -	- -	- -	8.76	7.59	4.72	4.71	10.19	6.1	6.41	10.76	9.03	6.49
Price/Earnings	- -	- -	- -	12.65	66.68	6.36	9.24	- -	10.87	11.97	22.43	19.57	39.49
Price/Earnings Average	- -	- -	- -	11.59	74.03	8.35	11.89	- -	7.35	10.56	17.12	19.84	45.29
Price/Earnings High	- -	- -	- -	13.79	89.75	10.09	15.31	- -	11.85	14.2	22.77	22.22	58.73
Price/Earnings Low	- -	- -	- -	10.24	62.96	6.36	8.7	- -	3.83	7.49	12.9	17.71	31.24
Price/Book Value	- -	- -	- -	6.73	4.41	2.09	1.3	2.28	4.15	3.49	4.55	4.08	3.14
Price/Book Value Average	- -	- -	- -	6.16	4.89	2.74	1.67	1.51	2.8	3.08	3.48	4.13	3.6
Price/Book Value High	- -	- -	- -	7.34	5.93	3.32	2.15	2.6	4.52	4.14	4.62	4.63	4.67
Price/Book Value Low	- -	- -	- -	5.45	4.16	2.09	1.22	0.57	1.46	2.19	2.62	3.69	2.48
Price/Tangible Book Value	- -	- -	- -	-1.73	-1.74	-1.53	-1.35	-2.53	-14.83	-7.21	-20.08	-27.02	-9.97
Price/Tangible Book Value Average	- -	- -	- -	-1.59	-1.93	-2.01	-1.73	-1.68	-10.02	-6.36	-15.33	-27.38	-11.43
Price/Tangible Book Value High	- -	- -	- -	-1.89	-2.34	-2.42	-2.23	-2.88	-16.16	-8.55	-20.38	-30.66	-14.82
Price/Tangible Book Value Low	- -	- -	- -	-1.4	-1.64	-1.53	-1.27	-0.63	-5.22	-4.51	-11.54	-24.44	-7.88
Price/Sales	- -	- -	- -	0.76	0.64	0.49	0.4	0.64	1.6	1.47	2.31	2.31	1.67
Price/Sales Average	- -	- -	- -	0.7	0.71	0.64	0.51	0.43	1.08	1.3	1.77	2.34	1.91
Price/Sales High	- -	- -	- -	0.83	0.87	0.77	0.66	0.73	1.74	1.75	2.35	2.63	2.48
Price/Sales Low	- -	- -	- -	0.62	0.61	0.49	0.37	0.16	0.56	0.92	1.33	2.09	1.32
Price/Cash Flow	- -	- -	- -	7.05	7.08	7.06	6.38	3.73	8.81	8.17	14.87	10.57	7.76
Price/Cash Flow Average	- -	- -	- -	6.46	7.86	9.27	8.2	2.48	5.95	7.2	11.35	10.71	8.9
Price/Cash Flow High	- -	- -	- -	7.69	9.52	11.2	10.57	4.25	9.61	9.69	15.09	12	11.54
Price/Cash Flow Low	- -	- -	- -	5.71	6.68	7.06	6	0.93	3.1	5.11	8.55	9.56	6.14
Price/Free Cash Flow Average	- -	- -	- -	6.5	7.9	9.33	8.25	2.48	6.26	7.56	11.85	11.08	9.13
Price/Free Cash Flow High	- -	- -	- -	7.74	9.58	11.27	10.63	4.25	10.09	10.16	15.76	12.41	11.83
Price/Free Cash Flow Low	- -	- -	- -	5.74	6.72	7.1	6.03	0.93	3.26	5.36	8.93	9.89	6.29
EV/Sales Average	- -	- -	- -	1.26	1.13	0.97	0.92	0.67	1.19	1.43	1.91	2.41	1.98
EV/Sales High	- -	- -	- -	1.39	1.29	1.11	1.07	0.97	1.84	1.85	2.49	2.69	2.51
EV/Sales Low	- -	- -	- -	1.18	1.02	0.82	0.79	0.41	0.68	1.08	1.48	2.16	1.43
EV/EBITDA Average	- -	- -	- -	8.33	8.11	5.61	5.38	7.75	4.27	5.75	8.38	9.15	7.34
EV/EBITDA High	- -	- -	- -	9.21	9.22	6.38	6.24	11.19	6.61	7.44	10.91	10.2	9.29
EV/EBITDA Low	- -	- -	- -	7.79	7.33	4.72	4.58	4.73	2.44	4.33	6.48	8.21	5.29
EV/EBIT Average	- -	- -	- -	11.77	11.88	7.73	10.29	167.4	5.39	8.24	13.87	13.8	10.77
EV/EBIT High	- -	- -	- -	13.01	13.51	8.79	11.93	241.86	8.35	10.66	18.05	15.39	13.64
EV/EBIT Low	- -	- -	- -	11.01	10.74	6.5	8.75	102.16	3.09	6.21	10.73	12.39	7.77
Last Price	- -	- -	- -	22.93	19.54	13.85	10.19	16.98	47.35	39.83	62.92	61.94	46.53
High Price	- -	- -	- -	25	26.3	21.97	16.89	19.31	51.62	47.25	63.87	70.3	69.19
Enterprise Value Average	- -	- -	- -	1,236	1,137	936	808	603	1,183	1,195	1,525	1,886	1,520
Enterprise Value High	- -	- -	- -	1,366	1,293	1,065	937	871	1,830	1,545	1,986	2,102	1,925
Enterprise Value Low	- -	- -	- -	1,156	1,028	788	687	368	677	900	1,180	1,692	1,096

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	32	32	32	33	34	34	34	33	33	29	29	29	26
Diluted Weighted Avg Shares	33	33	33	33	33	34	34	34	35	32	31	30	28
Basic Weighted Avg Shares	32	32	32	33	33	34	34	34	34	31	29	29	28
Revenue per Share	33.5	33.34	32.39	30.17	30.36	28.49	25.65	26.39	29.65	27.06	27.21	26.78	27.89
EBITDA per Share	6.11	4.06	6.62	4.55	4.24	4.94	4.4	2.29	8.27	6.74	6.22	7.06	7.53
Operating Income per Share	5.36	2.95	5.47	3.39	3.11	2.12	2.7	2.44	6.95	4.96	4.09	4.9	5.51
Basic EPS, GAAP	2.97	1.77	3.22	1.81	0.29	2.18	1.1	-0.76	4.36	3.33	2.81	3.16	1.18
Basic EPS from Cont Ops	2.97	1.77	3.22	1.81	0.29	2.18	1.1	-0.76	4.36	3.33	2.81	3.16	1.18
Diluted EPS, GAAP	2.94	1.76	3.19	1.8	0.29	2.16	1.1	-0.76	4.14	3.17	2.69	3.06	1.15
Diluted EPS from Cont Ops	2.94	1.76	3.19	1.8	0.29	2.16	1.1	-0.76	4.14	3.17	2.69	3.06	1.15
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	4.3	3.87	3.73	3.25	2.76	1.96	1.6	4.55	5.37	4.88	4.23	5.86	6
Free Cash Flow per Basic Share	4.3	3.87	3.73	3.25	2.76	1.96	1.6	4.55	5.37	4.88	4.23	5.86	6
Cash & Equivalents per Share	- -	0.88	0.47	1.11	1.54	1.39	0.5	2.21	1.65	1.18	0.79	2	0.96
Book Value per Share	- -	10.84	19.23	3.41	4.43	6.63	7.85	7.44	11.42	11.4	13.82	15.2	14.81
Tangible Book Value per Share	- -	-6.78	1.97	-13.23	-11.25	-9.06	-7.56	-6.7	-3.19	-5.53	-3.13	-2.29	-4.67