Deluxe (DLX) Gross Margin (2009 - 2026)
Deluxe (DLX) reported Gross Margin of 51.92% for Q1 2026, down 46.0% on a YoY basis from 96.15% in Q1 2025, and little changed quarter-over-quarter from 52.18% in Q4 2025.
Deluxe (DLX) Gross Margin (2009 - 2026) Analysis & Trends
Deluxe has reported Gross Margin for 18 years, with the latest figure at 51.92% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 46.0% year-over-year to 51.92%; the trailing twelve-month figure through Mar 2026 stood at 52.89% (down 5.0% YoY), and the FY2025 full-year result was 53.0%, down 8.0% from the prior year.
- Gross Margin for Q1 2026 stood at 51.92%, roughly flat from 52.18% in the prior quarter.
- The five-year high for Gross Margin was 55.18% in Q1 2022, with the low at 51.92% in Q1 2026.
- Historically, Gross Margin has averaged 53.17% across 5 years, with a median of 53.08% in 2022.
- Annual changes were most pronounced in 2022 — Gross Margin sank 436 bps — and 2024, when it surged 92 bps.
- Deluxe's Gross Margin stood at 53.44% in 2022, then declined by 1 bps to 52.76% in 2023, then declined by 1 bps to 52.3% in 2024, then fell by 0 bps to 52.18% in 2025, then dropped by 0 bps to 51.92% in 2026.
- The last three Gross Margin figures came in at 51.92% (Q1 2026), 52.18% (Q4 2025), and 53.88% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Pampa Energy | 1,836.33 Bn | 900.18 Bn | 109.00 Mn | 39.07% |
| 2 | Honeywell International | 145.45 Bn | 134.13 Bn | 3.54 Bn | 38.71% |
| 3 | 3M | 85.14 Bn | 81.04 Bn | 2.46 Bn | 40.73% |
| 4 | Valmont Industries | 11.12 Bn | 10.97 Bn | 316.88 Mn | 30.79% |
| 5 | Seaboard | 4.59 Bn | 3.45 Bn | 217.00 Mn | 9.04% |
| 6 | Otter Tail | 3.66 Bn | 3.25 Bn | 239.49 Mn | 69.01% |
| 7 | Tetra Technologies | 1.37 Bn | 1.37 Bn | 38.23 Mn | 24.46% |
| 8 | Deluxe | 1.04 Bn | 1.01 Bn | 279.40 Mn | 51.92% |
| 9 | Matthews International | 826.85 Mn | 790.76 Mn | 101.98 Mn | 39.43% |
| 10 | Compass Diversified Holdings | 760.64 Mn | 828.28 Mn | 189.36 Mn | 44.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |