Deluxe Corporation (DLX)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 26,120 | 30,109 | 52,817 | 58,504 | 65,396 | 60,208 | 57,947 | 47,985 | 62,633 | 73,519 | 90,472 | 93,231 | 5,244 | 25,405 | -322,505 | -304,782 | -199,897 | -187,551 | 99,859 | 127,484 |
| Revenue (ttm) | US$ in thousands | 2,192,259 | 2,218,899 | 2,236,093 | 2,227,360 | 2,238,010 | 2,244,581 | 2,221,684 | 2,136,947 | 2,022,196 | 1,906,113 | 1,813,433 | 1,745,622 | 1,790,781 | 1,858,360 | 1,912,492 | 1,996,073 | 2,008,715 | 2,011,321 | 2,010,918 | 2,005,176 |
| Net profit margin | 1.19% | 1.36% | 2.36% | 2.63% | 2.92% | 2.68% | 2.61% | 2.25% | 3.10% | 3.86% | 4.99% | 5.34% | 0.29% | 1.37% | -16.86% | -15.27% | -9.95% | -9.32% | 4.97% | 6.36% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $26,120K ÷ $2,192,259K
= 1.19%
Deluxe Corp.'s net profit margin has exhibited varying trends over the past eight quarters. In the most recent quarter, Q4 2023, the net profit margin decreased to 1.19% from 1.35% in the previous quarter, Q3 2023. This decline indicates a lower percentage of net profit generated from each dollar of revenue in Q4 2023.
Looking further back, Q2 2023 had shown a notable increase in net profit margin to 2.36%, followed by a slight decrease in Q1 2023 to 2.62%. When compared to the same quarter in the previous year, Q4 2022 witnessed a net profit margin of 2.92%, indicating a decrease over time.
Throughout Q3 and Q2 of 2022, Deluxe Corp. maintained relatively stable net profit margins of 2.68% and 2.61%, respectively. However, there was a slight decrease to 2.24% in Q1 2022.
Overall, the net profit margin of Deluxe Corp. has shown fluctuations over the past eight quarters, with some periods of increase and decrease. A declining trend in recent quarters may warrant further analysis to identify factors influencing the company's profitability.