What DMARC does that SPF and DKIM cannot
DMARC ties SPF and DKIM to the domain a person actually sees in the From line (alignment) and tells receivers what to do when mail fails: monitor (p=none), send to spam (p=quarantine), or reject (p=reject). It is what stops someone spoofing your visible address, and since 2024 a DMARC record is required for bulk senders to Gmail and Yahoo.
Why a subdomain can be covered without its own record
Under RFC 7489, if a sending subdomain has no DMARC record of its own, receivers fall back to the organizational domain's record, where the sp= tag governs subdomains. This checker reports that inherited policy and where it came from, and also reads pct=, because p=reject; pct=10 only enforces on a tenth of failing mail.