Growth Metrics

Deluxe (DLX) Net Margin (2016 - 2026)

Deluxe filings provide 17 years of Net Margin readings, the most recent being 2.24% for Q4 2025.

  • On a quarterly basis, Net Margin fell 19.0% to 2.24% in Q4 2025 year-over-year; TTM through Dec 2025 was 3.85%, a 136.0% increase, with the full-year FY2025 number at 3.85%, up 136.0% from a year prior.
  • Net Margin hit 2.24% in Q4 2025 for Deluxe, down from 6.25% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 6.25% in Q3 2025 to a low of 1.48% in Q3 2023.
  • Median Net Margin over the past 5 years was 2.58% (2025), compared with a mean of 2.77%.
  • The widest YoY moves for Net Margin: up 1849bps in 2021, down -435bps in 2021.
  • Deluxe's Net Margin stood at 2.42% in 2021, then soared by 77bps to 4.29% in 2022, then tumbled by -35bps to 2.79% in 2023, then decreased by -13bps to 2.42% in 2024, then decreased by -8bps to 2.24% in 2025.
  • The last three reported values for Net Margin were 2.24% (Q4 2025), 6.25% (Q3 2025), and 4.3% (Q2 2025) per Business Quant data.