Deluxe Corporation (DLX)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 2,831,000 | 2,622,920 | 2,666,310 | 2,728,600 | 3,080,600 | 2,884,700 | 2,923,000 | 2,940,910 | 3,076,500 | 2,957,320 | 2,940,400 | 2,954,310 | 3,074,400 | 3,006,190 | 3,017,500 | 1,893,250 | 1,874,900 | 2,007,200 | 2,060,080 | 2,044,500 |
| ROA | 2.19% | 2.45% | 1.43% | 1.25% | 0.85% | 1.04% | 1.81% | 1.99% | 2.12% | 2.03% | 1.97% | 1.62% | 2.04% | 2.44% | 3.00% | 4.92% | 0.47% | 1.44% | -15.48% | -14.74% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $61,962K ÷ $2,831,000K
= 2.19%
Deluxe Corporation's return on assets (ROA) has shown significant fluctuations over the analyzed period. The ROA started at a negative value, indicating that the company's assets were not generating positive returns in the first two quarters of 2020. However, starting from September 2020, the ROA turned positive, indicating that Deluxe Corporation was able to generate profits from its assets.
From March 2021 to June 2022, Deluxe Corporation's ROA showed a somewhat consistent improvement, gradually increasing from 4.92% to 1.97%. This positive trend suggested that the company was effectively utilizing its assets to generate returns for its shareholders.
In the latter part of the analyzed period, from September 2022 to December 2024, Deluxe Corporation's ROA remained relatively stable, fluctuating between 1.04% and 2.45%. Although there were fluctuations, the ROA stayed within a reasonable range, indicating that the company's asset utilization was consistent.
Overall, Deluxe Corporation's ROA performance reflects a transition from negative to positive values, with a subsequent improvement and stabilization in asset utilization efficiency over the analyzed period.