Deluxe Return on Equity (ROE) Growth & History (DLX)
Deluxe's return on equity was 12.62% for fiscal 2025.
View full Deluxe company overviewDeluxe annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 12.62% | +4.00 pp |
| 2024 | 2024-12-31 | 8.62% | +4.30 pp |
| 2023 | 2023-12-31 | 4.32% | −6.78 pp |
| 2022 | 2022-12-31 | 11.10% | −0.42 pp |
| 2021 | 2021-12-31 | 11.51% | +10.55 pp |
| 2020 | 2020-12-31 | 0.97% | +31.08 pp |
| 2019 | 2019-12-31 | −30.11% | −45.62 pp |
| 2018 | 2018-12-31 | 15.50% | −8.78 pp |
| 2017 | 2017-12-31 | 24.28% | −3.94 pp |
| 2016 | 2016-12-31 | 28.21% | −3.19 pp |
| 2015 | 2015-12-31 | 31.40% | −1.96 pp |
| 2014 | 2014-12-31 | 33.36% | −4.60 pp |
| 2013 | 2013-12-31 | 37.96% | −8.39 pp |
| 2012 | 2012-12-31 | 46.35% | −8.33 pp |
| 2011 | 2011-12-31 | 54.68% | −34.21 pp |
| 2010 | 2010-12-31 | 88.89% | −27.82 pp |
| 2009 | 2009-12-31 | 116.71% | — |
Deluxe quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.72% | −0.83 pp |
| Q1 2026 | 2026-03-31 | 5.20% | +2.95 pp |
| Q4 2025 | 2025-12-31 | 1.78% | −0.26 pp |
| Q3 2025 | 2025-09-30 | 5.18% | +3.73 pp |
| Q2 2025 | 2025-06-30 | 3.55% | +0.22 pp |
| Q1 2025 | 2025-03-31 | 2.25% | +0.47 pp |
| Q4 2024 | 2024-12-31 | 2.04% | −0.44 pp |
| Q3 2024 | 2024-09-30 | 1.45% | +2.76 pp |
| Q2 2024 | 2024-06-30 | 3.33% | +0.62 pp |
| Q1 2024 | 2024-03-31 | 1.78% | +1.32 pp |
| Q4 2023 | 2023-12-31 | 2.48% | −0.66 pp |
| Q3 2023 | 2023-09-30 | −1.32% | −3.77 pp |
| Q2 2023 | 2023-06-30 | 2.71% | −1.04 pp |
| Q1 2023 | 2023-03-31 | 0.46% | −1.21 pp |
| Q4 2022 | 2022-12-31 | 3.14% | +0.71 pp |
| Q3 2022 | 2022-09-30 | 2.46% | +0.21 pp |
| Q2 2022 | 2022-06-30 | 3.75% | +1.52 pp |
| Q1 2022 | 2022-03-31 | 1.67% | −2.98 pp |
| Q4 2021 | 2021-12-31 | 2.43% | −2.51 pp |
| Q3 2021 | 2021-09-30 | 2.25% | −4.00 pp |
| Q2 2021 | 2021-06-30 | 2.23% | −0.96 pp |
| Q1 2021 | 2021-03-31 | 4.65% | +16.84 pp |
| Q4 2020 | 2020-12-31 | 4.95% | −3.23 pp |
| Q3 2020 | 2020-09-30 | 6.25% | +51.11 pp |
| Q2 2020 | 2020-06-30 | 3.19% | −0.45 pp |
| Q1 2020 | 2020-03-31 | −12.19% | −16.74 pp |
| Q4 2019 | 2019-12-31 | 8.18% | +2.06 pp |
| Q3 2019 | 2019-09-30 | −44.87% | −41.81 pp |
| Q2 2019 | 2019-06-30 | 3.64% | −2.02 pp |
| Q1 2019 | 2019-03-31 | 4.54% | −1.59 pp |
| Q4 2018 | 2018-12-31 | 6.11% | −2.51 pp |
| Q3 2018 | 2018-09-30 | −3.06% | −6.09 pp |
| Q2 2018 | 2018-06-30 | 5.66% | −0.74 pp |
| Q1 2018 | 2018-03-31 | 6.13% | −0.23 pp |
| Q4 2017 | 2017-12-31 | 8.62% | +2.35 pp |
| Q3 2017 | 2017-09-30 | 3.03% | −4.01 pp |
| Q2 2017 | 2017-06-30 | 6.40% | −0.90 pp |
| Q1 2017 | 2017-03-31 | 6.36% | −1.24 pp |
| Q4 2016 | 2016-12-31 | 6.27% | −1.88 pp |
| Q3 2016 | 2016-09-30 | 7.04% | −0.84 pp |
| Q2 2016 | 2016-06-30 | 7.30% | −0.68 pp |
| Q1 2016 | 2016-03-31 | 7.60% | +0.68 pp |
| Q4 2015 | 2015-12-31 | 8.15% | −1.11 pp |
| Q3 2015 | 2015-09-30 | 7.87% | +0.38 pp |
| Q2 2015 | 2015-06-30 | 7.98% | −0.80 pp |
| Q1 2015 | 2015-03-31 | 6.92% | −1.61 pp |
| Q4 2014 | 2014-12-31 | 9.26% | +0.72 pp |
| Q3 2014 | 2014-09-30 | 7.49% | −1.88 pp |
| Q2 2014 | 2014-06-30 | 8.78% | −1.42 pp |
| Q1 2014 | 2014-03-31 | 8.53% | −1.70 pp |
| Q4 2013 | 2013-12-31 | 8.54% | −1.73 pp |
| Q3 2013 | 2013-09-30 | 9.37% | −1.59 pp |
| Q2 2013 | 2013-06-30 | 10.20% | −1.90 pp |
| Q1 2013 | 2013-03-31 | 10.23% | −3.49 pp |
| Q4 2012 | 2012-12-31 | 10.27% | −3.33 pp |
| Q3 2012 | 2012-09-30 | 10.97% | −2.42 pp |
| Q2 2012 | 2012-06-30 | 12.10% | −1.72 pp |
| Q1 2012 | 2012-03-31 | 13.72% | −0.02 pp |
| Q4 2011 | 2011-12-31 | 13.59% | −2.66 pp |
| Q3 2011 | 2011-09-30 | 13.38% | −14.43 pp |
| Q2 2011 | 2011-06-30 | 13.82% | −10.17 pp |
| Q1 2011 | 2011-03-31 | 13.74% | — |
| Q4 2010 | 2010-12-31 | 16.25% | — |
| Q3 2010 | 2010-09-30 | 27.81% | — |
| Q2 2010 | 2010-06-30 | 24.00% | — |
Deluxe return on equity trends
Over the last five fiscal years, Deluxe's return on equity increased from 0.97% to 12.62%, a change of +11.65 percentage points. The latest reported quarter, Q2 2026, shows 2.72%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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