Deluxe (DLX) Tax Rate (2009 - 2026)

Deluxe's Tax Rate history runs 18 years deep, the most recent figure standing at 23.18% for Q1 2026.

• Quarterly Tax Rate fell 429.0% year-over-year to 23.18% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 29.01% (down 42.0% YoY) and the FY2025 annual result came in at 30.98%, up 13.0% from the prior year.
• Tax Rate was 23.18% for Q1 2026 at Deluxe, down from 42.89% in the prior quarter.
• Across five years, Tax Rate topped out at 57.49% in Q1 2023 and bottomed at 32.23% in Q4 2022.
• A 5-year average of 26.27% and a median of 28.76% in 2023 frame the typical range for Tax Rate.
• Annual changes were most pronounced in 2022 — Tax Rate slumped 7496 bps — and 2023, when it soared 5499 bps.
• Deluxe's Tax Rate stood at 32.23% in 2022, then surged by 171 bps to 22.76% in 2023, then fell by 12 bps to 19.93% in 2024, then jumped by 115 bps to 42.89% in 2025, then plunged by 46 bps to 23.18% in 2026.
• Business Quant data shows DLX's Tax Rate at 23.18% in Q1 2026, 42.89% in Q4 2025, and 28.48% in Q3 2025.