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Deluxe Corporation DLX R2K

Industrials · Conglomerates · United States
https://www.deluxe.com

Deluxe Corporation provides technology-enabled solutions to small and medium-sized businesses, and financial institutions in the United States and Canada. The company operates through four segments: Merchant Services, B2B Payments, Data Solutions, and Print. It offers credit and debit card authorization and payment systems; processing services to small and medium-sized retail and service businesses, as well as nonprofit and government organizations; treasury management solutions, including remittance and lockbox processing, remote deposit capture, cash application, and payment acceptance solutions, as well as integrated accounts payable disbursements, such as eChecks, Medical Payment Exchange, and Deluxe Payment Exchange; and fraud and security services. The company also provides data, analytics, and marketing services for both business-to-business and business-to-consumer marketing; financial institution profitability reporting and business incorporation services; printed personal and business checks, and business essentials comprising printed business forms and business accessories; and branded promotional, print, apparel, and digital storefront solutions. It sells through financial institutions, small and medium-sized enterprises from a variety of industries, large multinational corporations, and scalable partnerships. The company was formerly known as Deluxe Check Printers, Incorporated and changed its name to Deluxe Corporation in 1988. Deluxe Corporation was founded in 1915 and is headquartered in Minneapolis, Minnesota.

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$24.29
+79.69% 1Y

Market & Price

Market Cap
$1.11B
Current Price
$24.29
High / Low (52W)
$31.50 / $13.39
Beta
1.32

Valuation

Stock P/E
10.75
Industry PE
28.38
Forward P/E
5.91
PEG Ratio
0.56
Book Value
$15.24
Price to Book
1.59
P/S
0.52
EV/EBITDA
6.03
Dividend Yield
4.94%

Profitability & Returns

ROCE
10.86%
ROE
15.77%
ROA
6.84%
Profit Margin
4.87%
Op Margin
13.55%
EPS (Latest Qtr)
$0.77
EPS (TTM)
$2.26

Balance Sheet & Liquidity

Debt/Equity
2.08
Quick Ratio
0.74
Current Ratio
1.15
Debt
$1.45B
Total Assets
$2.86B
Current Assets
$665.80M
Working Capital
$22.60M

Ownership

Promoter Holding
2.95%
Chg in Prom Hold
-
FII / Inst Holding
91.67%
Chg in FII Hold
0.01%

Financial Snapshot

Enterprise Value
$2.53B
Total Revenue (TTM)
$2.13B
EBITDA
$419.90M
Free Cash Flow
$157.25M
Operating Cash Flow
$273.00M
Shares Outstanding
45.78M
Gross Margin
52.93%
Payout Ratio
53.10%

Growth (CAGR)

Revenue 5Y
-1.59%
Profit 5Y
7.88%
Revenue (YoY)
0.30%
Earnings (YoY)
152.00%

PROS

  • Attractive dividend yield of 4.94%.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Revenue declined at -1.6% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 DLX Deluxe Corporation R2K 24.29 10.75 $1.11B 4.94% 10.86% 15.77% -1.59% 7.88%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
5 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
6 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
7 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
8 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
9 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
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Quarterly Results

Figures in USD.

Metric Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 439.82M463.51M459.30M450.64M458.92M480.20M487.77M485.23M497.67M494.89M491.91M488.24M493.19M524.68M499.06M493.99M493.59M522.07M486.42M410.40M439.46M454.49M441.26M478.22M532.14M556.01M562.95M555.04M545.37M571.69M537.84M534.96M537.82M--536.50M521.26M540.25M535.22M538.10M
Cost of Revenue -----------------------------------255.50M242.00M249.14M255.94M258.70M
Gross Profit 280.51M292.22M294.99M290.81M292.65M303.37M308.45M305.86M304.60M303.94M303.16M298.04M295.56M309.52M299.44M291.46M289.87M315.01M284.37M248.12M265.00M262.51M262.75M271.64M287.99M306.82M298.84M298.81M294.70M301.74M282.72M283.54M288.79M--281.00M279.26M291.11M279.28M279.40M
Operating Expenses -----------------------------------225.20M214.43M212.36M221.20M209.30M
Operating Income 89.37M-92.64M90.95M92.29M-85.00M92.83M53.35M-87.71M82.82M-17.28M-63.77M51.82M-340.68M--60.81M24.32M44.42M-36.01M26.37M36.40M30.88M51.56M41.61M34.13M54.13M21.57M44.22M59.31M--55.80M64.84M78.75M58.08M70.10M
EBITDA -----------------------------------85.90M96.07M109.99M87.10M111.00M
Interest Expense -----------------------------------31.30M30.94M30.53M29.26M27.70M
Pretax Income -----------------------------------19.30M31.67M47.21M20.95M46.60M
Tax Provision -----------------------------------5.30M9.25M13.45M8.98M10.80M
Net Income 56.92M59.71M58.10M58.39M58.66M54.23M57.07M59.58M28.80M84.71M63.34M60.21M-31.08M57.17M41.19M32.58M-318.49M44.82M-63.70M14.86M29.42M24.66M24.29M12.10M12.46M9.64M22.06M14.72M2.75M16.38M-7.98M10.80M20.46M--14.00M22.39M33.73M11.97M35.80M
Diluted EPS 1.131.201.181.181.191.111.161.220.591.751.311.25-0.671.250.930.75-7.491.06-1.530.350.700.580.570.280.280.220.500.340.060.37-0.180.240.46--0.310.500.740.330.77

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 1.47B1.34B1.40B1.42B1.51B1.58B1.67B1.77B1.85B1.97B2.00B2.01B1.79B-2.24B2.19B2.12B2.13B
Cost of Revenue --------------1.03B1.03B995.30M1.00B
Gross Profit 902.15M839.41M913.82M924.19M990.54M1.02B1.07B1.13B1.18B1.22B1.21B1.20B1.06B-1.21B1.16B1.13B1.13B
Operating Expenses --------------993.25M956.10M909.20M873.30M
Operating Income 209.23M190.59M281.54M271.06M302.03M317.91M332.63M354.33M366.89M329.18M231.22M-188.25M40.73M-212.64M206.60M217.30M257.40M
EBITDA --------------351.38M335.10M365.30M379.00M
Interest Expense --------------94.45M125.60M123.30M122.00M
Pretax Income --------------84.38M39.80M76.50M119.10M
Tax Provision --------------18.85M13.60M23.60M36.90M
Net Income 101.63M99.36M152.62M144.59M170.49M186.65M199.79M218.63M229.38M230.16M149.63M-223.78M5.24M-65.39M26.10M52.80M82.10M
Diluted EPS 1.971.942.962.803.323.653.964.364.654.723.16-5.200.11-1.500.591.181.80

Compounded Sales Growth

5 Years:-1.59%
1 Year:0.30%

Compounded Profit Growth

5 Years:7.88%
1 Year:152.00%

Stock Price Performance

1 Year:+79.69%
6 Months:+21.42%
3 Months:-11.35%
1 Month:-18.30%

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --1.21B1.31B1.39B1.41B1.57B1.68B1.84B2.18B2.21B2.31B1.94B1.84B-3.08B3.08B2.83B2.86B
Current Assets ---------------704.04M760.99M611.60M665.80M
Cash & Equivalents 21.61M15.59M12.79M17.38M28.69M45.44M121.09M61.54M62.43M76.57M59.24M59.74M73.62M123.12M-40.44M71.96M34.40M36.90M
Inventory ---------------52.27M42.09M36.40M33.50M
Receivables ---------------166.90M153.87M135.90M142.80M
Total Liabilities ---------------2.47B2.48B2.21B2.18B
Current Liabilities --243.05M211.51M300.37M220.11M490.07M467.25M317.04M415.68M425.77M392.05M407.95M411.82M-752.35M819.07M625.50M643.20M
Long Term Debt -------------840.00M-1.57B1.51B1.47B1.41B
Total Debt ---------------1.71B1.67B1.56B1.48B
Total Equity 41.11M53.07M117.21M226.20M302.69M432.94M550.46M647.50M745.07M880.97M1.02B915.41M570.86M--603.81M604.09M620.70M680.40M
Shares Outstanding ---------------43.20M43.74M44.31M45.01M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow ---------338.43M339.31M286.65M217.55M-191.53M198.40M194.30M270.60M
Investing Cash Flow ----------180.89M-253.06M-72.40M-56.09M--80.33M-43.30M-69.80M-131.70M
Financing Cash Flow ----------182.96M-62.18M-190.15M-110.56M--48.60M-37.70M-267.20M-136.80M
Capital Expenditure ---------------104.60M-100.70M-94.30M-95.30M
Free Cash Flow --------------86.93M97.70M100.00M175.30M
Net Change in Cash --------------62.60M117.40M-142.70M2.10M
Share Buybacks 21.85M1.32M3.00M23.62M27.16M48.80M60.12M59.95M55.22M65.00M200.00M118.55M14.00M00---

Ratios (Annual)

Figures in %.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 61.4%62.4%65.2%65.2%65.4%64.6%63.8%63.9%63.9%62.2%60.4%59.5%59.2%-53.9%53.0%53.1%53.0%
Operating Margin % 14.2%14.2%20.1%19.1%19.9%20.1%19.9%20.0%19.8%16.7%11.6%-9.4%2.3%-9.5%9.4%10.2%12.1%
Net Margin % 6.9%7.4%10.9%10.2%11.3%11.8%11.9%12.3%12.4%11.7%7.5%-11.1%0.3%-2.9%1.2%2.5%3.8%
ROE % 191.5%84.8%67.5%47.8%39.4%33.9%30.9%29.3%26.0%22.7%16.3%-39.2%--10.8%4.3%8.5%12.1%
ROCE % -19.7%25.7%24.9%25.3%29.5%27.3%23.2%20.7%18.5%12.1%-12.3%2.8%-9.1%9.1%9.9%11.6%

Shareholding Pattern

Insiders
2.95%
Institutions
91.67%
Public Float
94.46%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 14.72% 6.74M $163.71M
2 State Street Corporation 6.05% 2.77M $67.26M
3 Dimensional Fund Advisors LP 6.01% 2.75M $66.88M
4 Vanguard Portfolio Management LLC 5.55% 2.54M $61.71M
5 LSV Asset Management 4.43% 2.03M $49.27M
6 Deprince, Race & Zollo, Inc. 4.32% 1.98M $47.99M
7 Vanguard Capital Management LLC 4.03% 1.84M $44.78M
8 Geode Capital Management, LLC 2.50% 1.15M $27.85M
9 Goldman Sachs Group Inc 2.37% 1.09M $26.38M
10 Charles Schwab Investment Management, Inc. 2.33% 1.07M $25.94M

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