Deluxe (DLX) Tax Rate (2009 - 2026)
Deluxe (DLX) posted Tax Rate of 36.21% for Q2 2026, up 6.88 percentage points from 29.34% a year earlier and up 13.04 percentage points from the prior quarter.
Deluxe (DLX) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Deluxe was 30.46%, up 2.70 percentage points year-over-year; for FY2025, it was 30.98%, up 0.13 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -49.11 percentage points (FY2020 to FY2025).
- In prior years, Deluxe's Tax Rate was 30.85% in FY2024 (-3.32 pp), 34.17% in FY2023 (+11.83 pp), 22.34% in FY2022 (-10.74 pp) and 33.08% in FY2021 (-47.01 pp).
- Quarterly Tax Rate has run from a low of -3.76% in Q4 2022 to a high of 57.49% in Q1 2023 over five years.
- On a year-over-year basis, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of +3.44 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q1 2023, with a gain of 34.57 percentage points; the weakest was Q4 2022, with a drop of 46.49 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 23.18% (Q1 2026), 42.89% (Q4 2025) and 28.48% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.12 Bn | 6.93 Bn | - | - |
| 2 | PayPal Holdings | 46.45 Bn | 4.68 Bn | - | 15.73% |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn | 71.11% |
| 4 | Iren | 31.49 Bn | 19.08 Bn | 103.89 Mn | - |
| 5 | Corpay | 25.78 Bn | 15.98 Bn | - | 26.96% |
| 6 | Fiserv | 24.12 Bn | 20.82 Bn | 2.90 Bn | 20.13% |
| 7 | Global Payments | 22.15 Bn | 588.57 Mn | 2.03 Bn | - |
| 8 | Bitmine Immersion Technologies | 15.50 Bn | 12.88 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.68 Bn | 8.25 Bn | 269.68 Mn | 30.70% |
| 10 | Deluxe | 1.08 Bn | 951.90 Mn | 259.60 Mn | 36.21% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.21% |
| Mar 31, 2026 | 23.18% |
| Dec 31, 2025 | 42.89% |
| Sep 30, 2025 | 28.48% |
| Jun 30, 2025 | 29.34% |
| Mar 31, 2025 | 27.46% |
| Dec 31, 2024 | 19.93% |
| Sep 30, 2024 | 33.61% |
| Jun 30, 2024 | 33.66% |
| Mar 31, 2024 | 33.77% |
| Dec 31, 2023 | 22.76% |
| Jun 30, 2023 | 28.76% |
| Mar 31, 2023 | 57.49% |
| Sep 30, 2022 | 29.34% |
| Jun 30, 2022 | 32.27% |
| Mar 31, 2022 | 22.92% |
| Dec 31, 2021 | 42.73% |
| Sep 30, 2021 | 27.29% |
| Jun 30, 2021 | 36.06% |
| Mar 31, 2021 | 27.42% |
Deluxe Tax Rate 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=tax-rate&ticker=DLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=DLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();