Deluxe annual operating margin
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2025
Deluxe Operating Margin Growth & History (DLX)
Deluxe's operating margin was 10.89% for fiscal 2025.
View full Deluxe company overviewDeluxe annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 10.89% | +1.84 pp |
| 2024 | 2024-12-31 | 9.06% | +1.72 pp |
| 2023 | 2023-12-31 | 7.33% | −0.24 pp |
| 2022 | 2022-12-31 | 7.57% | +0.54 pp |
| 2021 | 2021-12-31 | 7.03% | +4.76 pp |
| 2020 | 2020-12-31 | 2.27% | +11.65 pp |
| 2019 | 2019-12-31 | −9.37% | −20.94 pp |
| 2018 | 2018-12-31 | 11.57% | −5.17 pp |
| 2017 | 2017-12-31 | 16.75% | −3.09 pp |
| 2016 | 2016-12-31 | 19.84% | −0.15 pp |
| 2015 | 2015-12-31 | 19.99% | +0.12 pp |
| 2014 | 2014-12-31 | 19.87% | −0.19 pp |
| 2013 | 2013-12-31 | 20.06% | +0.12 pp |
| 2012 | 2012-12-31 | 19.94% | +0.82 pp |
| 2011 | 2011-12-31 | 19.12% | −0.96 pp |
| 2010 | 2010-12-31 | 20.08% | +5.90 pp |
| 2009 | 2009-12-31 | 14.18% | −0.07 pp |
| 2008 | 2008-12-31 | 14.25% | — |
Deluxe quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 11.16% | −0.51 pp |
| Q1 2026 | 2026-03-31 | 13.34% | +4.38 pp |
| Q4 2025 | 2025-12-31 | 8.91% | −0.14 pp |
| Q3 2025 | 2025-09-30 | 14.04% | +6.17 pp |
| Q2 2025 | 2025-06-30 | 11.66% | +0.64 pp |
| Q1 2025 | 2025-03-31 | 8.97% | +0.70 pp |
| Q4 2024 | 2024-12-31 | 9.05% | −0.44 pp |
| Q3 2024 | 2024-09-30 | 7.87% | +3.86 pp |
| Q2 2024 | 2024-06-30 | 11.03% | +1.56 pp |
| Q1 2024 | 2024-03-31 | 8.27% | +2.01 pp |
| Q4 2023 | 2023-12-31 | 9.48% | +1.44 pp |
| Q3 2023 | 2023-09-30 | 4.01% | −3.49 pp |
| Q2 2023 | 2023-06-30 | 9.47% | +0.31 pp |
| Q1 2023 | 2023-03-31 | 6.26% | +0.70 pp |
| Q4 2022 | 2022-12-31 | 8.05% | +0.45 pp |
| Q3 2022 | 2022-09-30 | 7.50% | +0.66 pp |
| Q2 2022 | 2022-06-30 | 9.16% | +3.64 pp |
| Q1 2022 | 2022-03-31 | 5.55% | −2.61 pp |
| Q4 2021 | 2021-12-31 | 7.60% | +0.38 pp |
| Q3 2021 | 2021-09-30 | 6.84% | −3.27 pp |
| Q2 2021 | 2021-06-30 | 5.51% | −0.41 pp |
| Q1 2021 | 2021-03-31 | 8.16% | +20.66 pp |
| Q4 2020 | 2020-12-31 | 7.22% | +0.16 pp |
| Q3 2020 | 2020-09-30 | 10.11% | +79.13 pp |
| Q2 2020 | 2020-06-30 | 5.92% | −4.57 pp |
| Q1 2020 | 2020-03-31 | −12.50% | −25.28 pp |
| Q4 2019 | 2019-12-31 | 7.06% | −7.81 pp |
| Q3 2019 | 2019-09-30 | −69.02% | −65.52 pp |
| Q2 2019 | 2019-06-30 | 10.49% | −6.47 pp |
| Q1 2019 | 2019-03-31 | 12.78% | −5.05 pp |
| Q4 2018 | 2018-12-31 | 14.86% | −4.94 pp |
| Q3 2018 | 2018-09-30 | −3.50% | −14.22 pp |
| Q2 2018 | 2018-06-30 | 16.96% | −2.17 pp |
| Q1 2018 | 2018-03-31 | 17.83% | +0.40 pp |
| Q4 2017 | 2017-12-31 | 19.80% | +0.85 pp |
| Q3 2017 | 2017-09-30 | 10.72% | −9.39 pp |
| Q2 2017 | 2017-06-30 | 19.13% | −1.05 pp |
| Q1 2017 | 2017-03-31 | 17.43% | −2.74 pp |
| Q4 2016 | 2016-12-31 | 18.95% | −0.64 pp |
| Q3 2016 | 2016-09-30 | 20.11% | −0.21 pp |
| Q2 2016 | 2016-06-30 | 20.18% | −0.21 pp |
| Q1 2016 | 2016-03-31 | 20.17% | +0.50 pp |
| Q4 2015 | 2015-12-31 | 19.59% | −0.51 pp |
| Q3 2015 | 2015-09-30 | 20.32% | +1.75 pp |
| Q2 2015 | 2015-06-30 | 20.39% | −0.57 pp |
| Q1 2015 | 2015-03-31 | 19.67% | −0.18 pp |
| Q4 2014 | 2014-12-31 | 20.10% | +1.43 pp |
| Q3 2014 | 2014-09-30 | 18.57% | −1.46 pp |
| Q2 2014 | 2014-06-30 | 20.96% | −0.66 pp |
| Q1 2014 | 2014-03-31 | 19.85% | −0.20 pp |
| Q4 2013 | 2013-12-31 | 18.67% | −1.39 pp |
| Q3 2013 | 2013-09-30 | 20.03% | +0.82 pp |
| Q2 2013 | 2013-06-30 | 21.62% | +1.79 pp |
| Q1 2013 | 2013-03-31 | 20.06% | −0.59 pp |
| Q4 2012 | 2012-12-31 | 20.06% | −0.13 pp |
| Q3 2012 | 2012-09-30 | 19.21% | +0.72 pp |
| Q2 2012 | 2012-06-30 | 19.83% | +1.35 pp |
| Q1 2012 | 2012-03-31 | 20.64% | +1.36 pp |
| Q4 2011 | 2011-12-31 | 20.19% | +2.87 pp |
| Q3 2011 | 2011-09-30 | 18.48% | −5.59 pp |
| Q2 2011 | 2011-06-30 | 18.48% | +0.31 pp |
| Q1 2011 | 2011-03-31 | 19.29% | −1.29 pp |
| Q4 2010 | 2010-12-31 | 17.32% | +0.90 pp |
| Q3 2010 | 2010-09-30 | 24.08% | +8.09 pp |
| Q2 2010 | 2010-06-30 | 18.17% | — |
| Q1 2010 | 2010-03-31 | 20.58% | — |
| Q3 2009 | 2009-09-30 | 16.42% | — |
| Q2 2009 | 2009-06-30 | 15.99% | — |
Deluxe operating margin trends
Over the last five reported fiscal years, Deluxe's operating margin increased from 2.27% to 10.89%, a change of +8.62 percentage points. The latest reported quarter, Q2 2026, shows 11.16%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Deluxe filings at SEC.gov ↗