Deluxe (DLX) Gross Margin (2009 - 2026)

Deluxe (DLX) posted Gross Margin of 51.92% for Q1 2026, little changed on a QoQ basis from 52.18% in Q4 2025, and down 46.0% year-over-year from 96.15% in Q1 2025.

Deluxe (DLX) Gross Margin (2009 - 2026) Analysis & Trends

Deluxe's Gross Margin history runs 18 years deep, the most recent figure standing at 51.92% for Q1 2026.

  • Quarterly Gross Margin fell 46.0% year-over-year to 51.92% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 52.89% (down 5.0% YoY) and the FY2025 annual result came in at 53.0%, down 8.0% from the prior year.
  • Gross Margin was 51.92% for Q1 2026 at Deluxe, roughly flat from 52.18% in the prior quarter.
  • Across five years, Gross Margin topped out at 55.18% in Q1 2022 and bottomed at 51.92% in Q1 2026.
  • A 5-year average of 53.17% and a median of 53.08% in 2022 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2022 — Gross Margin plunged 436 bps — and 2024, when it surged 92 bps.
  • Deluxe's Gross Margin stood at 53.44% in 2022, then retreated by 1 bps to 52.76% in 2023, then retreated by 1 bps to 52.3% in 2024, then retreated by 0 bps to 52.18% in 2025, then slipped by 0 bps to 51.92% in 2026.
  • Business Quant data shows DLX's Gross Margin at 51.92% in Q1 2026, 52.18% in Q4 2025, and 53.88% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 3M 88.13 Bn 84.85 Bn 2.68 Bn 41.28%
2 Honeywell International 78.15 Bn 66.84 Bn 3.65 Bn 37.59%
3 Valmont Industries 9.52 Bn 9.36 Bn 316.88 Mn 30.79%
4 Brookfield Business 6.56 Bn 5.50 Bn 1.31 Bn 20.35%
5 Seaboard 4.44 Bn 3.30 Bn 217.00 Mn 9.04%
6 Otter Tail 3.87 Bn 3.47 Bn 239.49 Mn 69.01%
7 Tetra Technologies 1.18 Bn 1.14 Bn 38.23 Mn 24.46%
8 Deluxe 1.16 Bn 1.13 Bn 279.40 Mn 51.92%
9 Matthews International 843.71 Mn 807.63 Mn 101.98 Mn 39.43%
10 Compass Diversified Holdings 745.59 Mn 813.24 Mn 189.36 Mn 44.36%

Historic Data

Download Data
DateValue
Mar 31, 2026 51.92%
Dec 31, 2025 52.18%
Sep 30, 2025 53.88%
Jun 30, 2025 53.57%
Mar 31, 2025 52.39%
Dec 31, 2024 52.30%
Sep 30, 2024 53.34%
Jun 30, 2024 53.70%
Mar 31, 2024 53.00%
Dec 31, 2023 52.76%
Sep 30, 2023 52.56%
Jun 30, 2023 52.78%
Mar 31, 2023 54.04%
Dec 31, 2022 53.44%
Sep 30, 2022 53.84%
Jun 30, 2022 53.08%
Mar 31, 2022 55.18%
Dec 31, 2021 55.30%
Sep 30, 2021 54.12%
Jun 30, 2021 56.80%