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Donnelley Financial Solutions, Inc.（DFIN）与Ranpak Holdings Corp.（PACK）财务数据对比。点击上方公司名可切换其他公司
Donnelley Financial Solutions, Inc.的季度营收约是Ranpak Holdings Corp.的1.8倍（$172.5M vs $93.7M），Donnelley Financial Solutions, Inc.同比增速更快（10.4% vs 2.3%），过去两年Ranpak Holdings Corp.的营收复合增速更高（13.7% vs -7.9%）
唐nelley金融解决方案（DFIN）是一家总部位于美国伊利诺伊州芝加哥市的金融合规企业，面向资本市场与投资市场的各类企业，提供符合美国监管要求的软件即服务产品、软件赋能服务、印刷业务及合规相关服务，助力客户满足合规要求。
Ranpak Holdings Corp.主营生产防护纸质包装设备与纸制品，可为电商及各行业货品运输提供纸质缓冲包装方案，同时也供应自动化包装解决方案。公司总部位于美国俄亥俄州康科德，在美国本土多个州、捷克、荷兰、中国上海及新加坡均设有生产基地与办公室，产品可用于包裹缠绕、缓冲填隙、冷链运输等多种场景。
DFIN vs PACK — 直观对比
营收规模更大
DFIN
是对方的1.8倍
$93.7M
营收增速更快
DFIN
高出8.1%
2.3%
两年增速更快
PACK
近两年复合增速
-7.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $172.5M | $93.7M |
| 净利润 | $6.2M | — |
| 毛利率 | — | 39.0% |
| 营业利润率 | 8.3% | -1.0% |
| 净利率 | 3.6% | — |
| 营收同比 | 10.4% | 2.3% |
| 净利润同比 | -1.6% | — |
| 每股收益（稀释后） | $0.31 | $-0.11 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收DFINPACK
| Q4 25 | $172.5M | $93.7M | ||
| Q3 25 | $175.3M | $83.6M | ||
| Q2 25 | $218.1M | $77.8M | ||
| Q1 25 | $201.1M | $77.6M | ||
| Q4 24 | $156.3M | $91.6M | ||
| Q3 24 | $179.5M | $78.6M | ||
| Q2 24 | $242.7M | $72.8M | ||
| Q1 24 | $203.4M | $72.5M |
净利润DFINPACK
| Q4 25 | $6.2M | — | ||
| Q3 25 | $-40.9M | $-10.4M | ||
| Q2 25 | $36.1M | $-7.5M | ||
| Q1 25 | $31.0M | $-10.9M | ||
| Q4 24 | $6.3M | — | ||
| Q3 24 | $8.7M | $-8.1M | ||
| Q2 24 | $44.1M | $5.5M | ||
| Q1 24 | $33.3M | $-8.1M |
毛利率DFINPACK
| Q4 25 | — | 39.0% | ||
| Q3 25 | — | 41.1% | ||
| Q2 25 | — | 37.1% | ||
| Q1 25 | — | 39.8% | ||
| Q4 24 | — | 45.2% | ||
| Q3 24 | — | 43.8% | ||
| Q2 24 | — | 43.5% | ||
| Q1 24 | — | 44.6% |
营业利润率DFINPACK
| Q4 25 | 8.3% | -1.0% | ||
| Q3 25 | 16.1% | -6.8% | ||
| Q2 25 | 24.2% | -12.5% | ||
| Q1 25 | 22.8% | -10.3% | ||
| Q4 24 | 6.0% | 1.5% | ||
| Q3 24 | 10.1% | -5.3% | ||
| Q2 24 | 26.6% | -7.1% | ||
| Q1 24 | 21.9% | -6.6% |
净利率DFINPACK
| Q4 25 | 3.6% | — | ||
| Q3 25 | -23.3% | -12.4% | ||
| Q2 25 | 16.6% | -9.6% | ||
| Q1 25 | 15.4% | -14.0% | ||
| Q4 24 | 4.0% | — | ||
| Q3 24 | 4.8% | -10.3% | ||
| Q2 24 | 18.2% | 7.6% | ||
| Q1 24 | 16.4% | -11.2% |
每股收益（稀释后）DFINPACK
| Q4 25 | $0.31 | $-0.11 | ||
| Q3 25 | $-1.49 | $-0.12 | ||
| Q2 25 | $1.28 | $-0.09 | ||
| Q1 25 | $1.05 | $-0.13 | ||
| Q4 24 | $0.21 | $-0.13 | ||
| Q3 24 | $0.29 | $-0.10 | ||
| Q2 24 | $1.47 | $0.07 | ||
| Q1 24 | $1.09 | $-0.10 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $24.5M | $63.0M |
| 总债务越低越好 | $171.3M | $401.9M |
| 股东权益账面价值 | $379.2M | $534.9M |
| 总资产 | $800.4M | $1.1B |
| 负债/权益比越低杠杆越低 | 0.45× | 0.75× |
8季度趋势，按日历期对齐
现金及短期投资DFINPACK
| Q4 25 | $24.5M | $63.0M | ||
| Q3 25 | $22.7M | $49.9M | ||
| Q2 25 | $33.8M | $49.2M | ||
| Q1 25 | $16.2M | $65.5M | ||
| Q4 24 | $57.3M | $76.1M | ||
| Q3 24 | $33.6M | $69.5M | ||
| Q2 24 | $35.0M | $65.1M | ||
| Q1 24 | $43.7M | $55.1M |
总债务DFINPACK
| Q4 25 | $171.3M | $401.9M | ||
| Q3 25 | $154.7M | $403.1M | ||
| Q2 25 | $190.1M | $403.1M | ||
| Q1 25 | $189.5M | $405.2M | ||
| Q4 24 | $124.7M | $406.4M | ||
| Q3 24 | — | $403.2M | ||
| Q2 24 | — | $396.1M | ||
| Q1 24 | — | $396.7M |
股东权益DFINPACK
| Q4 25 | $379.2M | $534.9M | ||
| Q3 25 | $423.1M | $537.8M | ||
| Q2 25 | $432.1M | $539.0M | ||
| Q1 25 | $419.9M | $544.1M | ||
| Q4 24 | $436.1M | $548.1M | ||
| Q3 24 | $444.5M | $564.3M | ||
| Q2 24 | $441.5M | $566.2M | ||
| Q1 24 | $408.9M | $560.0M |
总资产DFINPACK
| Q4 25 | $800.4M | $1.1B | ||
| Q3 25 | $816.3M | $1.1B | ||
| Q2 25 | $874.7M | $1.1B | ||
| Q1 25 | $852.8M | $1.1B | ||
| Q4 24 | $841.6M | $1.1B | ||
| Q3 24 | $843.6M | $1.1B | ||
| Q2 24 | $882.9M | $1.1B | ||
| Q1 24 | $867.8M | $1.1B |
负债/权益比DFINPACK
| Q4 25 | 0.45× | 0.75× | ||
| Q3 25 | 0.37× | 0.75× | ||
| Q2 25 | 0.44× | 0.75× | ||
| Q1 25 | 0.45× | 0.74× | ||
| Q4 24 | 0.29× | 0.74× | ||
| Q3 24 | — | 0.71× | ||
| Q2 24 | — | 0.70× | ||
| Q1 24 | — | 0.71× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $59.8M | $19.5M |
| 自由现金流经营现金流 - 资本支出 | $47.9M | — |
| 自由现金流率自由现金流/营收 | 27.8% | — |
| 资本支出强度资本支出/营收 | 6.9% | — |
| 现金转化率经营现金流/净利润 | 9.65× | — |
| 过去12个月自由现金流最近4个季度 | $107.8M | — |
8季度趋势，按日历期对齐
经营现金流DFINPACK
| Q4 25 | $59.8M | $19.5M | ||
| Q3 25 | $74.4M | $8.5M | ||
| Q2 25 | $68.4M | $-3.6M | ||
| Q1 25 | $-37.7M | $-1.3M | ||
| Q4 24 | $56.4M | $6.5M | ||
| Q3 24 | $86.4M | $10.1M | ||
| Q2 24 | $56.2M | $19.6M | ||
| Q1 24 | $-27.9M | $5.2M |
自由现金流DFINPACK
| Q4 25 | $47.9M | — | ||
| Q3 25 | $59.2M | — | ||
| Q2 25 | $51.7M | — | ||
| Q1 25 | $-51.0M | — | ||
| Q4 24 | $41.3M | — | ||
| Q3 24 | $67.3M | — | ||
| Q2 24 | $36.8M | — | ||
| Q1 24 | $-40.2M | — |
自由现金流率DFINPACK
| Q4 25 | 27.8% | — | ||
| Q3 25 | 33.8% | — | ||
| Q2 25 | 23.7% | — | ||
| Q1 25 | -25.4% | — | ||
| Q4 24 | 26.4% | — | ||
| Q3 24 | 37.5% | — | ||
| Q2 24 | 15.2% | — | ||
| Q1 24 | -19.8% | — |
资本支出强度DFINPACK
| Q4 25 | 6.9% | — | ||
| Q3 25 | 8.7% | — | ||
| Q2 25 | 7.7% | — | ||
| Q1 25 | 6.6% | — | ||
| Q4 24 | 9.7% | — | ||
| Q3 24 | 10.6% | — | ||
| Q2 24 | 8.0% | — | ||
| Q1 24 | 6.0% | — |
现金转化率DFINPACK
| Q4 25 | 9.65× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.89× | — | ||
| Q1 25 | -1.22× | — | ||
| Q4 24 | 8.95× | — | ||
| Q3 24 | 9.93× | — | ||
| Q2 24 | 1.27× | 3.56× | ||
| Q1 24 | -0.84× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
DFIN
| Technology Service | $68.0M | 39% |
| Capital Markets Compliance And Communications Management | $61.6M | 36% |
| Investment Companies Software Solutions | $30.9M | 18% |
| Print And Distribution Service | $13.6M | 8% |
PACK
| Other | $47.9M | 51% |
| Europe And Asia Segment | $45.8M | 49% |
