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DLXDeluxe Corporation
$22.94$1.0B
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  3. Financial Ratios
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Deluxe Corporation (DLX) Quarterly Financial Ratios

Last 48 quarters of trend data · Communication Services · Advertising Agencies

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Deluxe Corporation's quarterly P/E stands at 8.9x, down 29.9% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has compressed 7.9% YoY to 6.2x, reflecting multiple compression or accelerating EBITDA.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →12.748.9416.926.547.9612.7520.1712.1812.2121.4515.77—11.81
—-29.9%-16.1%-46.3%-34.8%-40.6%+27.9%—+3.4%-66.5%+63.5%—+11.2%
P/S Ratio0.480.590.480.410.340.330.490.410.470.430.440.380.33
—+77.5%-1.7%-1.1%-26.1%-22.0%+10.7%+7.8%+39.5%+33.7%+34.7%+17.9%-19.7%
P/B Ratio1.531.831.501.331.131.151.631.431.621.511.561.381.25
—+59.0%-8.2%-6.7%-30.4%-23.6%+4.4%+3.6%+29.8%+28.4%+28.3%+14.8%-20.7%
P/FCF5.9011.683.235.036.477.367.134.6721.9237.253.724.838.08
—+58.6%-54.7%+7.8%-70.5%-80.2%+91.6%-3.4%+171.3%—-25.4%-38.3%-53.4%
EV / EBITDA5.756.186.695.465.896.717.497.076.457.336.6310.296.36
—-7.9%-10.7%-22.8%-8.7%-8.5%+12.9%-31.3%+1.3%-6.4%-1.7%+43.3%-6.8%
EV / EBIT8.69—10.427.598.8611.0713.2213.9810.6613.3712.4427.1811.20
——-21.2%-45.7%-16.8%-17.2%+6.3%-48.6%-4.8%-19.7%-2.1%+101.4%-8.4%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Deluxe Corporation's operating margin was 13.3% in Q1 2026, up 3.7 pp QoQ and up 4.4 pp YoY. The trailing four-quarter average of 12.2% lags the current quarter, suggesting the recent improvement is above-trend.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin53.0%51.9%52.2%53.9%53.6%52.4%52.3%53.3%53.7%53.0%52.8%52.6%52.8%
—-0.9%-0.2%+1.0%-0.2%-1.2%-0.9%+1.5%+1.7%-1.9%-1.3%-2.4%-0.6%
Operating Margin12.3%13.3%9.7%14.0%11.7%9.0%9.0%7.9%11.0%8.3%9.5%4.0%9.5%
—+48.9%+7.0%+78.4%+5.8%+8.4%-4.7%+96.2%+16.5%+32.1%+17.8%-46.5%+3.4%
Net Margin4.0%6.7%2.8%6.2%4.3%2.6%2.4%3.4%3.8%2.0%2.8%-1.5%2.9%
—+154.7%+16.5%+82.3%+12.9%+29.4%-13.1%+330.8%+32.8%+300.2%-17.1%-155.9%-26.9%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE13.1%5.2%2.2%5.2%3.5%2.3%2.0%2.9%3.3%1.8%2.5%-1.3%2.7%
—+130.1%+9.6%+76.4%+6.6%+26.5%-17.8%+323.0%+22.9%+288.3%-20.9%-153.6%-27.8%
ROA3.0%1.3%0.6%1.3%0.9%0.5%0.5%0.7%0.8%0.4%0.5%-0.3%0.6%
—+154.8%+19.8%+92.4%+15.5%+39.4%-7.9%+349.0%+35.8%+306.4%-20.1%-155.1%-25.4%
ROIC9.6%2.7%1.9%2.7%2.1%1.7%1.6%1.4%2.0%1.5%1.7%0.7%1.7%
—+59.3%+17.0%+87.0%+6.1%+11.7%-4.6%+100.9%+14.6%+35.1%+14.8%-48.0%+3.9%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Deluxe Corporation's Debt/EBITDA ratio is 13.2x, down from 18.3x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 23.9% YoY to 1.15x, strengthening the short-term liquidity position.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity2.262.062.262.262.392.492.522.602.622.682.752.852.83
—-17.3%-10.1%-13.2%-8.7%-6.9%-8.5%-8.5%-7.5%-9.3%-2.5%-1.3%-3.1%
Debt / EBITDA3.9213.2318.3013.9016.1918.6218.4318.5916.0718.9517.4028.2317.94
—-28.9%-0.7%-25.2%+0.7%-1.8%+5.9%-34.2%-10.4%-16.4%-9.2%+36.4%-0.6%
Current Ratio1.041.151.040.990.940.930.980.920.970.970.930.910.96
—+23.9%+5.9%+8.1%-2.6%-4.2%+5.2%+0.5%+0.7%+1.0%-0.7%-2.8%+1.0%
Quick Ratio0.981.150.980.910.850.840.920.830.870.880.880.830.86
—+36.7%+6.9%+10.0%-2.7%-4.7%+4.8%-0.5%+1.1%+1.8%+1.3%-3.8%-2.2%
Interest Coverage2.012.591.852.552.031.611.491.452.021.531.610.711.72
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Includes 30+ ratios · 48 years · Updated daily

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DLX — Frequently Asked Questions

Quick answers to the most common questions about buying DLX stock.

What is Deluxe Corporation's quarterly P/E ratio trend?

Deluxe Corporation's current P/E is 12.7x. The average P/E over the last 4 quarters is 10.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Deluxe Corporation's margins change by quarter?

Deluxe Corporation's current operating margin is 12.3%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at DLX quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Deluxe Corporation's business trajectory between earnings reports.