Deluxe Corporation (DLX)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 3,080,620 | 2,884,670 | 2,923,020 | 2,940,910 | 3,076,520 | 2,957,320 | 2,940,390 | 2,954,310 | 3,074,380 | 3,006,190 | 3,017,480 | 1,893,250 | 1,842,180 | 2,007,180 | 2,060,080 | 2,044,540 | 1,943,310 | 1,888,960 | 2,314,040 | 2,322,410 |
| ROA | 0.85% | 1.04% | 1.81% | 1.99% | 2.13% | 2.04% | 1.97% | 1.62% | 2.04% | 2.45% | 3.00% | 4.92% | 0.28% | 1.27% | -15.65% | -14.91% | -10.29% | -9.93% | 4.32% | 5.49% |
December 31, 2023 calculation
ROA = Net income (ttm) ÷ Total assets
= $26,120K ÷ $3,080,620K
= 0.85%
Deluxe Corp.'s Return on Assets (ROA) has exhibited variability over the past eight quarters. In Q4 2023, the ROA stood at 0.85%, showing a decline from the previous quarter's 1.04%. This downward trend continued from the peak ROA of 2.12% in Q4 2022. Despite the recent fluctuations, the company's ROA generally remained above 1% over the period, indicating that for every dollar of assets, Deluxe Corp. generated positive net income. The ROA reached its lowest point in Q4 2023, potentially signaling the need for further analysis to understand the factors contributing to the decrease and assess the company's operational efficiency and profitability.