Deluxe (DLX) Tax Rate (2009 - 2026)

Deluxe has reported Tax Rate for 18 years, with the latest figure at 23.18% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 429.0% year-over-year to 23.18%; the trailing twelve-month figure through Mar 2026 stood at 29.01% (down 42.0% YoY), and the FY2025 full-year result was 30.98%, up 13.0% from the prior year.
• Tax Rate for Q1 2026 stood at 23.18%, down from 42.89% in the prior quarter.
• The five-year high for Tax Rate was 57.49% in Q1 2023, with the low at 32.23% in Q4 2022.
• Historically, Tax Rate has averaged 26.27% across 5 years, with a median of 28.76% in 2023.
• Annual changes were most pronounced in 2022 — Tax Rate tumbled 7496 bps — and 2023, when it soared 5499 bps.
• Deluxe's Tax Rate stood at 32.23% in 2022, then soared by 171 bps to 22.76% in 2023, then dropped by 12 bps to 19.93% in 2024, then surged by 115 bps to 42.89% in 2025, then slumped by 46 bps to 23.18% in 2026.
• The last three Tax Rate figures came in at 23.18% (Q1 2026), 42.89% (Q4 2025), and 28.48% (Q3 2025), per Business Quant data.