Deluxe (DLX) Net Margin (2009 - 2026)
Deluxe (DLX) posted Net Margin of 6.65% for Q1 2026, up 197.6% on a QoQ basis from 2.24% in Q4 2025, and up 404.0% year-over-year from 1.32% in Q1 2025.
Deluxe (DLX) Net Margin (2009 - 2026) Analysis & Trends
Deluxe's Net Margin history runs 18 years deep, the most recent figure standing at 6.65% for Q1 2026.
- Quarterly Net Margin rose 404.0% year-over-year to 6.65% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.87% (up 223.0% YoY) and the FY2025 annual result came in at 3.85%, up 136.0% from the prior year.
- Net Margin was 6.65% for Q1 2026 at Deluxe, up from 2.24% in the prior quarter.
- Across five years, Net Margin topped out at 6.65% in Q1 2026 and bottomed at 1.48% in Q3 2023.
- A 5-year average of 2.9% and a median of 2.66% in 2022 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin tumbled 414 bps — and 2025, when it jumped 455 bps.
- Deluxe's Net Margin stood at 4.29% in 2022, then sank by 35 bps to 2.79% in 2023, then declined by 13 bps to 2.42% in 2024, then decreased by 8 bps to 2.24% in 2025, then jumped by 198 bps to 6.65% in 2026.
- Business Quant data shows DLX's Net Margin at 6.65% in Q1 2026, 2.24% in Q4 2025, and 6.25% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 88.13 Bn | 84.85 Bn | 2.68 Bn | 14.42% |
| 2 | Honeywell International | 78.15 Bn | 66.84 Bn | 3.65 Bn | - |
| 3 | Valmont Industries | 9.52 Bn | 9.36 Bn | 316.88 Mn | 12.02% |
| 4 | Brookfield Business | 6.56 Bn | 5.50 Bn | 1.31 Bn | 0.62% |
| 5 | Seaboard | 4.44 Bn | 3.30 Bn | 217.00 Mn | 4.96% |
| 6 | Otter Tail | 3.87 Bn | 3.47 Bn | 239.49 Mn | 20.92% |
| 7 | Tetra Technologies | 1.18 Bn | 1.14 Bn | 38.23 Mn | 5.32% |
| 8 | Deluxe | 1.16 Bn | 1.13 Bn | 279.40 Mn | 6.65% |
| 9 | Matthews International | 843.71 Mn | 807.63 Mn | 101.98 Mn | -8.44% |
| 10 | Compass Diversified Holdings | 745.59 Mn | 813.24 Mn | 189.36 Mn | 0.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.65% |
| Dec 31, 2025 | 2.24% |
| Sep 30, 2025 | 6.25% |
| Jun 30, 2025 | 4.30% |
| Mar 31, 2025 | 2.61% |
| Dec 31, 2024 | 2.42% |
| Sep 30, 2024 | 1.70% |
| Jun 30, 2024 | 3.81% |
| Mar 31, 2024 | 2.02% |
| Dec 31, 2023 | 2.79% |
| Sep 30, 2023 | -1.48% |
| Jun 30, 2023 | 2.87% |
| Mar 31, 2023 | 0.51% |
| Dec 31, 2022 | 4.29% |
| Sep 30, 2022 | 2.66% |
| Jun 30, 2022 | 3.93% |
| Mar 31, 2022 | 1.74% |
| Dec 31, 2021 | 2.42% |
| Sep 30, 2021 | 2.35% |
| Jun 30, 2021 | 2.54% |