Deluxe CorpDeluxe Corp
Deluxe Corp

Deluxe Corp

DLX
Communication Services·Media

Deluxe Corp. engages in the provision of marketing products and services. It operates through the following segments: Merchant Services, B2B Payments, Data Solutions, and Print. The Merchant Services segment focuses on the in-store, online, and mobile payment solutions that provide tools to accept electronic payments, such as debit cards, credit cards, and other forms of payment. The B2B Payments segment includes automated receivables technology, including remittance and lockbox processing, remote deposit capture, and cash application, as well as payment acceptance solutions. The Data Solutions segment is composed of data, analytics, and marketing services for business-to-business and business to consumer marketing. The Print segment offers printed business and personal checks. The company was founded by W. R. Hotchkiss in 1915 and is headquartered in Minneapolis, MN.

Minnesota; U.S.A
Market cap
No dataNo data
Revenue
$2.1B+0.5% YoY
Net income
$82.1M+55.5% YoY
Free cash flow
$175.3M−9.8% YoY

Market

Listed stock
DLXPriceNYSE
Loading…Loading…1Y

Financial performance

Revenue
$2.1B+0.5% YoY
Operating income
$232.4M+20.9% YoY
Net income
$82.1M+55.5% YoY
Free cash flow
$175.3M−9.8% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2021 $2B, 2022 $2.2B, 2023 $2.2B, 2024 $2.1B, 2025 $2.1B. Operating income: 2021 $142.2M, 2022 $169.4M, 2023 $160.8M, 2024 $192.2M, 2025 $232.4M. Net income: 2021 $62.6M, 2022 $65.4M, 2023 $26.1M, 2024 $52.8M, 2025 $82.1M. Free cash flow: 2021 $208.1M, 2022 $187.2M, 2023 $198.4M, 2024 $194.3M, 2025 $175.3M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
0.5%+375 bps YoY
Gross margin
No dataNo data
Operating margin
No dataNo data
FCF margin
No dataNo data

Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2021-12-31 $142.2M, 2022-12-31 $169.4M, 2023-12-31 $160.8M, 2024-12-31 $192.2M, 2025-12-31 $232.4M. Net income: 2021-12-31 $62.6M, 2022-12-31 $65.4M, 2023-12-31 $26.1M, 2024-12-31 $52.8M, 2025-12-31 $82.1M. Free cash flow: 2021-12-31 $208.1M, 2022-12-31 $187.2M, 2023-12-31 $198.4M, 2024-12-31 $194.3M, 2025-12-31 $175.3M

Growth heatmap

2022202320242025CAGR
Revenue
+10.7%
-2.0%
-3.2%
+0.5%
+1.3%
Gross profit
+6.0%
-3.6%
-3.1%
+0.4%
-0.2%
Operating income
+19.2%
-5.1%
+19.5%
+20.9%
+13.1%
Free cash flow
-10.0%
+6.0%
-2.1%
-9.8%
-4.2%

Earnings quality

Operating cash flow
$270.6M+39.3% YoY
Net income
$82.1M+55.5% YoY
Free cash flow
$175.3M−9.8% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2025-12-31 330%, 2024-12-31 368%, 2023-12-31 759%, 2022-12-31 293%, 2021-12-31 337%. Free cash flow: 2025-12-31 214%, 2024-12-31 368%, 2023-12-31 759%, 2022-12-31 286%, 2021-12-31 332%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
Latest
No data
FCF / share
Latest
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Diluted shares
Latest
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Financial flexibility

Cash & equivalents
No dataNo data
Total debt
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Net debt
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Current ratio
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Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
No dataNo data
Return on assets
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Return on invested capital
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Asset turnover
No dataNo data

Return on capital

No data

Valuation

Price to earnings
No dataNo data
Price to sales
No dataNo data
EV / EBITDA
No dataNo data
Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
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Price to sales
No data
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EV / EBITDA
No data
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Free cash flow yield
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