Deluxe Corporation (DLX)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 52,802 | 26,120 | 65,395 | 62,633 | 8,800 |
| Revenue | US$ in thousands | 2,121,760 | 2,192,260 | 2,238,000 | 2,022,200 | 1,790,800 |
| Net profit margin | 2.49% | 1.19% | 2.92% | 3.10% | 0.49% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $52,802K ÷ $2,121,760K
= 2.49%
Deluxe Corporation's net profit margin has shown variability over the past five years, ranging from 0.49% in December 31, 2020, to 3.10% in December 31, 2021, and then gradually decreasing to 1.19% in December 31, 2023, before rebounding to 2.49% in December 31, 2024. This indicates fluctuations in the company's profitability relative to its revenue during this period. The highest net profit margin in 2021 suggests that the company was able to generate more profit per dollar of revenue compared to the other years analyzed, although the subsequent decline in margins from 2022 to 2023 may raise concerns about the company's profitability sustainability. The year 2024 saw a partial recovery in the net profit margin, indicating a possible improvement in efficiency or cost management. Overall, careful monitoring and analysis of Deluxe Corporation's net profit margin trends are essential to assess its financial performance and the effectiveness of its operational strategies.