DELUXE CORP DLX
In 2025, Deluxe Corporation proudly celebrated its 110th anniversary, marking over a century of business excellence. Our enduring success is a testament to our innovation, our ability to adapt to the evolving needs of our customers, and the trust they place in us. We have transformed into a trusted Payments and Data company, serving small and medium-sized businesses, financial institutions, and some of the world's largest consumer brands. Our products and services are delivered through four business segments, primarily catering to clients and customers across North America.
Merchant Services Merchant services solutions 18.7 % Merchant in-store, online, and mobile payment solutions that provide tools to accept electronic payments, such as debit cards, credit cards, and other forms of payment
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.13B | $2.12B | $2.19B | $2.24B | $2.02B | $1.79B | $2.01B | $2.00B | $1.97B | $1.85B |
| Cost of revenue | $1.00B | $995.3M | $1.03B | $1.03B | $884.3M | $730.8M | $812.9M | $791.7M | $742.7M | $667.8M |
| Gross profit | $1.13B | $1.13B | $1.16B | $1.21B | $1.14B | $1.06B | $1.20B | $1.21B | $1.22B | $1.18B |
| SG&A | $873.3M | $909.2M | $956.1M | $993.2M | $941.0M | $839.8M | $891.7M | $854.0M | $830.2M | $807.2M |
| Operating income | $232.4M | $192.2M | $160.8M | $169.4M | $142.2M | $40.7M | -$188.3M | $231.2M | $329.2M | $366.9M |
| Interest expense | $122.0M | $123.3M | $125.6M | $94.5M | $55.6M | $23.1M | $34.7M | $27.1M | $21.4M | $22.3M |
| Pre-tax income | $119.1M | $76.5M | $39.8M | $84.4M | $93.8M | $26.8M | -$215.7M | $212.6M | $312.8M | $340.4M |
| Income tax | $36.9M | $23.6M | $13.6M | $18.8M | $31.0M | $21.5M | $8.0M | $63.0M | $82.7M | $111.0M |
| Net income | $82.1M | $52.8M | $26.1M | $65.4M | $62.6M | $5.2M | -$223.8M | $149.6M | $230.2M | $229.4M |
| EPS, basic | 1.83 | 1.20 | 0.60 | 1.52 | 1.48 | 0.12 | -5.20 | 3.18 | 4.75 | 4.68 |
| EPS, diluted | 1.80 | 1.18 | 0.59 | 1.50 | 1.45 | 0.11 | -5.20 | 3.16 | 4.72 | 4.65 |
| Shares, diluted (wtd. avg.) | $45.5M | $44.7M | $43.8M | $43.3M | $42.8M | $42.1M | $43.0M | $47.0M | $48.4M | $49.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $36.9M | $34.4M | $72.0M | $337.4M | $285.5M | $229.4M | $174.8M | $145.3M | $128.8M | $148.9M |
| Receivables | $187.6M | $174.1M | $191.0M | $206.6M | $197.9M | $162.0M | $163.4M | $173.9M | $149.8M | $152.6M |
| Inventory | $33.5M | $36.4M | $42.1M | $52.3M | $34.9M | $40.1M | $39.9M | $46.4M | $42.2M | $40.2M |
| Total current assets | $665.8M | $611.6M | $761.0M | $704.0M | $620.5M | $506.6M | $472.2M | $450.0M | $393.0M | $398.2M |
| Property, plant and equipment | — | — | — | — | — | $88.7M | $96.5M | $90.3M | $84.6M | $86.9M |
| Goodwill | $1.42B | $1.42B | $1.43B | $1.43B | $1.43B | $703.0M | $774.4M | $1.16B | $1.13B | $1.11B |
| Other intangibles | $348.4M | $331.1M | $391.7M | $459.0M | $510.7M | $246.8M | $276.1M | $360.0M | $384.3M | $409.8M |
| Total assets | $2.86B | $2.83B | $3.08B | $3.08B | $3.07B | $1.84B | $1.94B | $2.31B | $2.21B | $2.18B |
| Accounts payable | $161.3M | $164.9M | $154.9M | $157.1M | $153.1M | $117.0M | $112.2M | $107.0M | $104.5M | $106.8M |
| Short-term debt | $16.3M | $37.1M | $86.2M | $71.7M | $57.2M | $0 | — | — | — | — |
| Total current liabilities | $643.2M | $625.5M | $819.1M | $752.3M | $683.4M | $411.8M | $407.9M | $392.1M | $425.8M | $415.7M |
| Long-term debt | $1.41B | $1.47B | $1.51B | $1.57B | $1.63B | $840.0M | $883.5M | $910.0M | $707.4M | — |
| Retained earnings | $515.9M | $489.2M | $491.2M | $518.6M | $505.8M | $495.2M | $572.6M | $927.3M | $1.00B | $882.8M |
| Total equity | $680.7M | $620.9M | $604.6M | $604.2M | $574.6M | $513.4M | $547.0M | $915.4M | $1.02B | $881.0M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $270.6M | $194.3M | $198.4M | $191.5M | $210.8M | $217.6M | $286.7M | $339.3M | $338.4M | $319.3M |
| Depreciation and amortisation | $137.9M | $165.5M | $169.7M | $172.6M | $148.8M | $110.8M | $126.0M | $131.1M | $122.7M | $91.6M |
| Stock-based compensation | $24.9M | $19.9M | $20.5M | $23.7M | $29.5M | $21.8M | $19.7M | $13.4M | $15.1M | $12.5M |
| Capital expenditure | $95.3M | $94.3M | $100.7M | — | — | — | $66.6M | $62.2M | $47.5M | $46.6M |
| Investing cash flow | -$131.7M | -$69.8M | -$43.3M | -$80.3M | -$1.07B | -$56.1M | -$72.4M | -$253.1M | -$180.9M | -$279.5M |
| Financing cash flow | -$136.8M | -$267.2M | -$37.7M | -$48.6M | $913.0M | -$110.6M | -$190.1M | -$62.2M | -$183.0M | $6.0M |
| Dividends paid | $55.2M | $54.2M | $53.3M | $52.6M | $51.7M | $50.7M | $51.7M | $56.7M | $58.1M | $58.7M |
| Buybacks | — | — | — | $0 | $0 | $14.0M | $118.5M | $200.0M | $65.0M | $55.2M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000027996-26-000037.
Others in SIC 2780
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| ACCO | ACCO BRANDS Corp | $408.0M | 10.0x | -8.5% |