Deluxe Corporation (DLX)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 61,962 | 64,338 | 38,238 | 34,154 | 26,103 | 30,092 | 52,807 | 58,478 | 65,360 | 60,162 | 57,902 | 47,946 | 62,585 | 73,470 | 90,408 | 93,164 | 8,791 | 28,941 | -318,945 | -301,269 |
| Revenue (ttm) | US$ in thousands | 2,121,715 | 2,138,615 | 2,147,971 | 2,181,855 | 2,192,265 | 2,218,865 | 2,236,103 | 2,227,403 | 2,238,053 | 2,244,653 | 2,221,756 | 2,136,956 | 2,022,205 | 1,906,105 | 1,813,464 | 1,745,669 | 1,790,805 | 1,858,405 | 1,912,498 | 1,996,093 |
| Net profit margin | 2.92% | 3.01% | 1.78% | 1.57% | 1.19% | 1.36% | 2.36% | 2.63% | 2.92% | 2.68% | 2.61% | 2.24% | 3.09% | 3.85% | 4.99% | 5.34% | 0.49% | 1.56% | -16.68% | -15.09% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $61,962K ÷ $2,121,715K
= 2.92%
Over the period from March 31, 2020, to December 31, 2024, Deluxe Corporation's net profit margin has shown variability. Initially, the company reported negative net profit margins in the first two quarters of 2020, indicating that its expenses exceeded revenues during that time. However, starting in September 2020, Deluxe Corporation managed to achieve positive net profit margins, indicating improved profitability.
The net profit margin continued to fluctuate over the following quarters but generally improved, reaching its peak at 5.34% in March 2021. Although the margin decreased in subsequent periods, it stayed above the negative territory, reflecting that the company was able to sustain profitability.
From March 31, 2022, to December 31, 2024, Deluxe Corporation's net profit margin fluctuated within a narrower range between 1.19% and 3.01%. This suggests that the company's profitability remained relatively stable during this period, albeit with some fluctuations.
Overall, Deluxe Corporation's net profit margin trended towards positive values after the initial negative margins, indicating an improvement in the company's ability to generate profit relative to its revenue. However, the company experienced some fluctuations in profitability throughout the analyzed period.