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Deluxe Corp. (DLX) Stock Fundamental Analysis & AI Rating 2026

DLX NYSE Blankbooks, Looseleaf Binders & Bookbindg & Relatd Work MN CIK: 0000027996
Updated This Month • Analysis: Mar 23, 2026 • SEC Data: 2025-12-31
📅 Next earnings: Apr 29, 2026 (in 13 days) • TBD ET • EPS est. $0.79 (vs $0.66 prior year) • All earnings →
Combined AI Rating
HOLD
70% Confidence
STRONG AGREEMENT
HOLD
62% Conf
HOLD
78% Conf

📊 DLX Key Takeaways

Revenue: $2.1B
Net Margin: 3.8%
Free Cash Flow: $175.3M
Current Ratio: 1.04x
Debt/Equity: 2.08x
EPS: $1.80
AI Rating: HOLD with 62% confidence
Deluxe Corp. (DLX) receives a HOLD rating with 70% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $2.1B, net profit margin of 3.8%, and return on equity (ROE) of 12.1%, Deluxe Corp. demonstrates mixed fundamentals in the Market sector. Below is our complete DLX stock analysis for 2026.

Is Deluxe Corp. (DLX) a Good Investment?

Claude

Deluxe Corp demonstrates solid operational efficiency with a 39.9% gross margin and strong free cash flow generation of $175.3M, but faces concerning structural challenges including minimal revenue growth (0.5% YoY), deteriorating profitability (3.8% net margin), and high leverage (2.08x debt-to-equity). The elevated insider activity (33 Form 4 filings) and weak interest coverage (1.9x) warrant cautious monitoring.

ChatGPT

Deluxe shows resilient core profitability and solid free cash flow generation, with a 10.9% operating margin and 8.2% free cash flow margin on essentially stable revenue. However, growth quality is modest given only 0.5% revenue growth and flat net income, while elevated leverage, weak interest coverage, and limited liquidity materially constrain financial flexibility. The fundamentals support a stable but not clearly improving outlook.

Why Buy Deluxe Corp. Stock? DLX Key Strengths

Claude
  • + Strong free cash flow generation ($175.3M) with 8.2% FCF margin demonstrates operational cash generation capability
  • + Solid gross margin of 39.9% indicates pricing power and efficient production despite commodity exposure
  • + Operating cash flow of $270.6M substantially covers capital expenditure needs and provides financial flexibility
ChatGPT
  • + Consistent profitability with 39.9% gross margin and 10.9% operating margin
  • + Healthy free cash flow generation of $175.3M, supporting debt service and reinvestment
  • + ROE of 12.1% indicates the business still earns reasonable returns on equity despite a mature growth profile

DLX Stock Risks: Deluxe Corp. Investment Risks

Claude
  • ! Stagnant revenue growth of 0.5% YoY combined with flat net income growth signals secular headwinds in traditional printing/binding business
  • ! Tight interest coverage ratio of 1.9x and high debt-to-equity ratio of 2.08x create vulnerability to rate increases or operational downturns
  • ! Weak liquidity metrics (current ratio 1.04x, quick ratio 0.98x) limit financial cushion despite strong cash flow generation
ChatGPT
  • ! High leverage with 2.08x debt-to-equity and $1.41B long-term debt
  • ! Weak interest coverage of 1.9x leaves limited cushion if earnings soften or rates remain elevated
  • ! Thin liquidity with a 1.04x current ratio and only $36.9M in cash reduces balance sheet flexibility

Key Metrics to Watch

Claude
  • * Revenue growth trajectory and margin sustainability amid digital disruption in traditional printing
  • * Debt reduction progress and interest coverage ratio improvement
  • * Free cash flow conversion and capital allocation priorities relative to debt management
ChatGPT
  • * Interest coverage and long-term debt reduction
  • * Organic revenue growth versus net income and free cash flow conversion

Deluxe Corp. (DLX) Financial Metrics & Key Ratios

Revenue
$2.1B
Net Income
$82.1M
EPS (Diluted)
$1.80
Free Cash Flow
$175.3M
Total Assets
$2.9B
Cash Position
$36.9M

💡 AI Analyst Insight

Deluxe Corp. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

DLX Profit Margin, ROE & Profitability Analysis

Gross Margin 39.9%
Operating Margin 10.9%
Net Margin 3.8%
ROE 12.1%
ROA 2.9%
FCF Margin 8.2%

DLX vs Market Sector: How Deluxe Corp. Compares

How Deluxe Corp. compares to Market sector averages

Net Margin
DLX 3.8%
vs
Sector Avg 12.0%
DLX Sector
ROE
DLX 12.1%
vs
Sector Avg 15.0%
DLX Sector
Current Ratio
DLX 1.0x
vs
Sector Avg 1.8x
DLX Sector
Debt/Equity
DLX 2.1x
vs
Sector Avg 0.7x
DLX Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Deluxe Corp. Stock Overvalued? DLX Valuation Analysis 2026

Based on fundamental analysis, Deluxe Corp. shows some fundamental concerns relative to the Market sector in 2026.

Return on Equity
12.1%
Sector avg: 15%
Net Profit Margin
3.8%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
2.08x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Deluxe Corp. Balance Sheet: DLX Debt, Cash & Liquidity

Current Ratio
1.04x
Quick Ratio
0.98x
Debt/Equity
2.08x
Debt/Assets
0.0%
Interest Coverage
1.90x
Long-term Debt
$1.4B

DLX Revenue & Earnings Growth: 5-Year Financial Trend

DLX 5-year financial data: Year 2021: Revenue $2.0B, Net Income -$223.8M, EPS $-5.20. Year 2022: Revenue $2.2B, Net Income $5.2M, EPS $0.11. Year 2023: Revenue $2.2B, Net Income $62.6M, EPS $1.45. Year 2024: Revenue $2.2B, Net Income $65.4M, EPS $1.50. Year 2025: Revenue $2.2B, Net Income $26.1M, EPS $0.59.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Deluxe Corp.'s revenue has shown modest growth of 8% over the 5-year period. The most recent EPS of $0.59 reflects profitable operations.

DLX Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
8.2%
Free cash flow / Revenue

DLX Quarterly Earnings & Performance

Quarterly financial performance data for Deluxe Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $528.4M $8.9M $0.20
Q2 2025 $521.3M $20.5M $0.46
Q1 2025 $535.0M $10.8M $0.24
Q3 2024 $528.4M -$8.0M $-0.18
Q2 2024 $537.8M $16.4M $0.37
Q1 2024 $535.0M $2.8M $0.06
Q3 2023 $537.8M -$8.0M $-0.18
Q2 2023 $563.0M $16.4M $0.37

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Deluxe Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$270.6M
Cash generated from operations
Capital Expenditures
$95.3M
Investment in assets
Dividends Paid
$55.2M
Returned to shareholders

DLX SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Deluxe Corp. (CIK: 0000027996)

📋 Recent SEC Filings

Date Form Document Action
Mar 17, 2026 4 xslF345X05/wk-form4_1773762090.xml View →
Mar 17, 2026 4 xslF345X05/wk-form4_1773762042.xml View →
Mar 17, 2026 4 xslF345X05/wk-form4_1773762024.xml View →
Mar 9, 2026 DEF 14A fy2025proxystatement.htm View →
Mar 9, 2026 8-K tm268177d1_8k.htm View →

Frequently Asked Questions about DLX

What is the AI rating for DLX?

Deluxe Corp. (DLX) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are DLX's key strengths?

Claude: Strong free cash flow generation ($175.3M) with 8.2% FCF margin demonstrates operational cash generation capability. Solid gross margin of 39.9% indicates pricing power and efficient production despite commodity exposure. ChatGPT: Consistent profitability with 39.9% gross margin and 10.9% operating margin. Healthy free cash flow generation of $175.3M, supporting debt service and reinvestment.

What are the risks of investing in DLX?

Claude: Stagnant revenue growth of 0.5% YoY combined with flat net income growth signals secular headwinds in traditional printing/binding business. Tight interest coverage ratio of 1.9x and high debt-to-equity ratio of 2.08x create vulnerability to rate increases or operational downturns. ChatGPT: High leverage with 2.08x debt-to-equity and $1.41B long-term debt. Weak interest coverage of 1.9x leaves limited cushion if earnings soften or rates remain elevated.

What is DLX's revenue and growth?

Deluxe Corp. reported revenue of $2.1B.

Does DLX pay dividends?

Deluxe Corp. pays dividends, with $55.2M distributed to shareholders in the trailing twelve months.

Where can I find DLX SEC filings?

Official SEC filings for Deluxe Corp. (CIK: 0000027996) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is DLX's EPS?

Deluxe Corp. has a diluted EPS of $1.80.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is DLX a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Deluxe Corp. has a HOLD rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is DLX stock overvalued or undervalued?

Valuation metrics for DLX: ROE of 12.1% (sector avg: 15%), net margin of 3.8% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy DLX stock in 2026?

Our dual AI analysis gives Deluxe Corp. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is DLX's free cash flow?

Deluxe Corp.'s operating cash flow is $270.6M, with capital expenditures of $95.3M. FCF margin is 8.2%.

How does DLX compare to other Market stocks?

Vs Default sector averages: Net margin 3.8% (avg: 12%), ROE 12.1% (avg: 15%), current ratio 1.04 (avg: 1.8).

Is Deluxe Corp. carrying too much debt?

DLX has a debt-to-equity ratio of 2.08x, which is above the Market sector average of 0.7x. However, the current ratio of 1.04 suggests adequate short-term liquidity.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 23, 2026 | Data as of: 2025-12-31 | Powered by Claude AI