Deluxe (DLX) Operating Margin (2009 - 2026)
Deluxe (DLX) reported Operating Margin of 11.16% for Q2 2026, down 0.51 percentage points from 11.66% a year earlier and down 2.19 percentage points from the prior quarter.
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Analysis
Deluxe (DLX) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Deluxe's Operating Margin came in at 11.88%, up 2.50 percentage points year-over-year; for FY2025, it came in at 10.89%, up 1.84 percentage points from FY2024.
- Operating Margin has a five-year change of +8.62 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 9.06% in FY2024 (+1.72 pp), 7.33% in FY2023 (-0.24 pp), 7.57% in FY2022 (+0.54 pp) and 7.03% in FY2021 (+4.76 pp).
- Five-year quarterly Operating Margin spans a low of 4.01% in Q3 2023 and a high of 14.04% in Q3 2025.
- Year over year, Operating Margin gained in five of the last eight quarters, with an average year-over-year change of +1.83 percentage points.
- The high point for year-over-year Operating Margin in five years was Q3 2025 (a gain of 6.17 percentage points); the low point was Q3 2023 (a drop of 3.49 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 13.34% (Q1 2026), 8.91% (Q4 2025) and 14.04% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn | 6.38% |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - | 16.33% |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - | 5.07% |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn | -105.74% |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - | 44.96% |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn | 7.45% |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn | 15.16% |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn | 21.24% |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn | 4.78% |
| 10 | Deluxe | 1.22 Bn | 1.05 Bn | 287.60 Mn | 9.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.51% |
| Jun 30, 2026 | 11.16% |
| Mar 31, 2026 | 13.34% |
| Dec 31, 2025 | 8.91% |
| Sep 30, 2025 | 14.04% |
| Jun 30, 2025 | 11.66% |
| Mar 31, 2025 | 8.97% |
| Dec 31, 2024 | 9.05% |
| Sep 30, 2024 | 7.87% |
| Jun 30, 2024 | 11.03% |
| Mar 31, 2024 | 8.27% |
| Dec 31, 2023 | 9.48% |
| Sep 30, 2023 | 4.01% |
| Jun 30, 2023 | 9.47% |
| Mar 31, 2023 | 6.26% |
| Dec 31, 2022 | 8.05% |
| Sep 30, 2022 | 7.50% |
| Jun 30, 2022 | 9.16% |
| Mar 31, 2022 | 5.55% |
| Dec 31, 2021 | 7.60% |
API Access
Deluxe Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=DLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "DLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=DLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();