DLX Financials Deluxe Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 29 h ago Overview →

Growth & profitability

Revenue has grown 3.6% per year over the past 5 years.
Net income has grown faster than revenue (73.4% vs 3.6% per year).
Operating margin has expanded, at 10.9% in the latest year.
Free cash flow has grown 34.0% per year over the past 5 years.

Financial health

Total debt ($1.4B) exceeds cash ($37M); net debt is $1.4B.
Total debt has grown faster than revenue (11.2% vs 3.6% per year).
Operating income covered interest expense 1.9× in the latest year, up from 1.8× 5 years ago.
Total debt is 3.9× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 67.2% of earnings and 31.5% of free cash flow.
The dividend has grown 1.7% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$2.1B	$82M	53.0%	10.9%	$175M	$1.4B	$37M
2024	$2.1B	$53M	53.1%	9.1%	$100M	$1.5B	$34M
2023	$2.2B	$26M	53.0%	7.3%	$98M	$1.6B	$72M
2022	$2.2B	$65M	53.9%	7.6%	—	$1.6B	$40M
2021	$2.0B	$63M	56.3%	7.0%	—	$1.7B	$41M
2020	$1.8B	$5M	59.2%	2.3%	—	$840M	$123M
2019	$2.0B	-$224M	59.5%	-9.4%	—	$884M	$74M
2018	$2.0B	$150M	60.4%	11.6%	—	$910M	$60M
2017	$2.0B	$230M	62.2%	16.7%	—	$707M	$59M
2016	$1.8B	$229M	63.9%	19.8%	—	—	$77M
2015	$1.8B	$219M	63.9%	20.0%	—	—	$62M
2014	$1.7B	$200M	63.8%	19.9%	—	—	$62M
2013	$1.6B	$187M	64.6%	20.1%	—	—	$121M
2012	$1.5B	$170M	65.4%	19.9%	—	$653M	$45M
2011	$1.4B	$145M	65.2%	19.1%	—	$742M	$29M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$538M	$36M	51.9%	13.3%	$27M	$1.4B	$27M
Dec '25	$535M	$12M	52.2%	8.9%	$79M	$1.4B	$37M
Sep '25	$540M	$34M	53.9%	14.0%	—	$1.4B	$26M
Jun '25	$521M	$22M	53.6%	11.7%	—	$1.5B	$26M
Mar '25	$537M	$14M	52.4%	9.0%	$24M	$1.5B	$30M
Dec '24	$521M	$13M	52.3%	9.0%	$36M	$1.5B	$34M
Sep '24	$528M	$9M	53.3%	7.9%	—	$1.5B	$41M
Jun '24	$538M	$20M	53.7%	11.0%	—	$1.6B	$23M
Mar '24	$535M	$11M	53.0%	8.3%	—	$1.6B	$24M
Dec '23	$537M	$15M	52.8%	9.5%	—	$1.6B	$72M
Sep '23	$538M	-$8M	52.6%	4.0%	—	$1.6B	$42M
Jun '23	$572M	$16M	52.8%	9.5%	—	$1.7B	$39M
Mar '23	$545M	$3M	54.0%	6.3%	—	$1.7B	$25M
Dec '22	$564M	$19M	53.4%	8.0%	—	$1.6B	$40M
Sep '22	$555M	$15M	53.8%	7.5%	—	$1.7B	$46M
Jun '22	$563M	$22M	53.1%	9.2%	—	$1.7B	$43M
Mar '22	$556M	$10M	55.2%	5.6%	—	$1.7B	$44M
Dec '21	$571M	$14M	55.3%	7.6%	—	$1.7B	$41M
Sep '21	$532M	$12M	54.1%	6.8%	—	$1.8B	$121M
Jun '21	$478M	$12M	56.8%	5.5%	—	$1.8B	$163M

Valuation over time

How the market has priced DLX against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 11.2× (Mar '23) to 13.0× (Jun '26).
The price-to-sales ratio has risen from 0.3× (Mar '23) to 0.5× (Jun '26).
The dividend yield has fallen from 7.2% (Mar '23) to 5.2% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is DLX growing its revenue and profit?

Over the past 5 years, Deluxe Corp's revenue has grown 3.6% per year, and net income grown 73.4% per year. These are computed facts, not advice.

How much debt does DLX have?

As of FY2025, Deluxe Corp reported $1.4B of total debt against $37M of cash; operating income covered interest expense 1.9×.

What is DLX's profit margin?

In FY2025, gross margin was 53.0%, operating margin 10.9%, and net margin 3.8%.

What is DLX's P/E ratio?

As of Jun '26, Deluxe Corp traded at a price-to-earnings ratio of about 13.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.