Deluxe Corporation (DLX)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 2,831,000 | 612,559 | 619,889 | 607,843 | 604,600 | 599,400 | 613,600 | 595,206 | 604,200 | 601,686 | 596,800 | 578,699 | 574,600 | 557,626 | 552,300 | 558,645 | 540,800 | 511,400 | 485,269 | 474,000 |
| ROE | 2.19% | 10.50% | 6.17% | 5.62% | 4.32% | 5.02% | 8.61% | 9.82% | 10.82% | 10.00% | 9.70% | 8.29% | 10.89% | 13.18% | 16.37% | 16.68% | 1.63% | 5.66% | -65.73% | -63.56% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $61,962K ÷ $2,831,000K
= 2.19%
Deluxe Corporation's return on equity (ROE) has shown a fluctuating trend over the quarters from March 2020 to December 2024. During the initial quarters in 2020, the ROE was significantly negative but steadily improved over time.
The ROE turned positive in the third quarter of 2020 at 5.66% and continued to increase, reaching its peak in the first quarter of 2021 at 16.68%. Thereafter, the ROE remained relatively stable around the 15% mark for the next few quarters.
From the fourth quarter of 2022 onwards, there was a slight decrease in ROE, dropping to 4.32% by the end of December 2023. However, there was a recovery in the first two quarters of 2024, with the ROE increasing to 10.50% by September 2024.
In the last quarter of 2024, the ROE dropped significantly to 2.19%. Overall, the company's ROE has shown variability, with periods of growth followed by slight declines. It is essential for investors and stakeholders to closely monitor these fluctuations to understand the company's profitability and financial performance.