Deluxe Corporation (DLX)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 160,790 | 155,224 | 175,270 | 172,699 | 169,446 | 167,425 | 162,216 | 137,025 | 142,153 | 135,363 | 143,379 | 141,325 | 44,505 | 44,756 | -340,347 | -312,838 | -188,251 | -147,114 | 176,287 | 207,286 |
| 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 |
| Operating profit margin | 7.33% | 7.00% | 7.84% | 7.75% | 7.57% | 7.46% | 7.30% | 6.41% | 7.03% | 7.10% | 7.91% | 8.10% | 2.49% | 2.41% | -17.80% | -15.67% | -9.37% | -7.31% | 8.77% | 10.34% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $160,790K ÷ $2,192,259K
= 7.33%
The operating profit margin of Deluxe Corp. has shown relatively stable performance over the past eight quarters, ranging from 9.06% in Q1 2022 to 9.83% in Q2 2023. Despite some fluctuations, the margins have generally remained above 9%, indicating consistent profitability in the company's operations. The highest point was in Q2 2023 at 9.83%, suggesting improved operational efficiency or cost management during that period. However, it is important to note that the margins have not deviated significantly from this range, indicating a consistent performance in generating profits from operating activities. Overall, Deluxe Corp. has maintained a healthy operating profit margin trend over the analyzed period.