The utility model relates to a multifunctional compound blanking and punching die. The die comprises an upper die base and a lower die base. A die fixing board is connected with the lower bottom surface of the upper die base, a punch and die fixing board is connected with the upper surface of the lower die base, a punch and die is fixed between the punch and die fixing board and the lower die base, and the lower bottom surface of the die fixing board is connected with a hollow die, two push element guide rod and a punch. The push element guide rods are disposed on a hollow portion of the die, the punch is disposed between the two push element guide rods, a push element block is embedded in the lower end portion of the hollow position of the die, two grooves are formed in the upper end portion of the push element block, and springs are arranged between the die and the die fixing board and sleeved on the push element guide rods. A through hole is formed in the push element blocks, the punch and die and the lower die base, the punch is disposed above the through hole, and a positioning board is arranged on the outside of the die and is fixed on the lower die base. According to the multifunctional compound blanking and punching die, blanking and punching machining can be performed on annular samples, stamping can be performed on sheet samples, machining costs are reduced, and the work efficiency is improved.