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Deluxe Corp. (DLX) Fundamental Analysis & AI Grade 2026

DLX NYSE Blankbooks, Looseleaf Binders & Bookbindg & Relatd Work MN CIK: 0000027996
Update Pending • Analysis: May 8, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
74% Confidence
AGREEMENT
C
70% Conf
B
78% Conf

📊 DLX Key Takeaways

Revenue: $538.1M
Net Margin: 6.7%
Free Cash Flow: $27.3M
Current Ratio: 1.15x
Debt/Equity: 2.01x
EPS: $0.77
AI Grade: C with 70% confidence
Deluxe Corp. (DLX) receives a C fundamental grade with 74% confidence from our AI analysis based on SEC 10-K filings. With revenue of $538.1M, net profit margin of 6.7%, and return on equity (ROE) of 5.1%, 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 exhibits fundamental deterioration with essentially flat revenue (+0.5% YoY) and zero net income growth, while carrying excessive leverage (2.01x debt/equity) and generating weak returns (5.1% ROE). The combination of stagnant topline performance, high debt burden with limited interest coverage (2.6x), and minimal cash generation relative to obligations creates unsustainable financial stress in a declining industry.

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.

Deluxe Corp. Key Strengths (DLX)

Claude
  • + Positive operating cash flow of $52.7M demonstrates core business generates cash despite headwinds
  • + Operating margin of 13.3% indicates functional operational efficiency within segments
  • + Maintains positive free cash flow of $27.3M to service debt obligations
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
  • ! Revenue stagnation at +0.5% YoY with 0% net income growth signals structural industry decline and absence of growth catalysts
  • ! Excessive leverage (2.01x debt/equity) with critically low interest coverage (2.6x) creates vulnerability to refinancing risk or operational disruption
  • ! Poor capital returns (5.1% ROE, 1.4% ROA) fail to justify leverage levels; company is not generating sufficient returns to support debt structure
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 acceleration and stabilization of net income margins
  • * Debt/equity ratio reduction trajectory and deleveraging progress
  • * Free cash flow growth and interest coverage ratio improvement
  • * Return on equity trend - must exceed 10%+ to justify current capital structure
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
$538.1M
Net Income
$35.8M
EPS (Diluted)
$0.77
Free Cash Flow
$27.3M
Total Assets
$2.6B
Cash Position
$27.2M

💡 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 158.2%
Operating Margin 13.3%
Net Margin 6.7%
ROE 5.1%
ROA 1.4%
FCF Margin 5.1%

DLX vs Market Sector: How Deluxe Corp. Compares

How Deluxe Corp. compares to Market sector averages

Net Margin
DLX 6.7%
vs
Sector Avg 12.0%
DLX Sector
ROE
DLX 5.1%
vs
Sector Avg 15.0%
DLX Sector
Current Ratio
DLX 1.1x
vs
Sector Avg 1.8x
DLX Sector
Debt/Equity
DLX 2.0x
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
5.1%
Sector avg: 15%
Net Profit Margin
6.7%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
2.01x
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
1.15x
Quick Ratio
1.05x
Debt/Equity
2.01x
Debt/Assets
0.0%
Interest Coverage
2.59x
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
5.1%
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
Q1 2026 $536.5M $14.0M $0.31
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

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
$52.7M
Cash generated from operations
Capital Expenditures
$25.4M
Investment in assets
Dividends Paid
$15.3M
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
May 13, 2026 4 xslF345X06/wk-form4_1778694022.xml View →
May 7, 2026 10-Q dlx-20260331.htm View →
May 6, 2026 8-K dlx-20260506.htm View →
Apr 27, 2026 4 xslF345X06/wk-form4_1777301757.xml View →
Apr 27, 2026 4 xslF345X06/wk-form4_1777301231.xml View →

Frequently Asked Questions about DLX

What is the AI rating for DLX?

Deluxe Corp. (DLX) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 74% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are DLX's key strengths?

Claude: Positive operating cash flow of $52.7M demonstrates core business generates cash despite headwinds. Operating margin of 13.3% indicates functional operational efficiency within segments. 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: Revenue stagnation at +0.5% YoY with 0% net income growth signals structural industry decline and absence of growth catalysts. Excessive leverage (2.01x debt/equity) with critically low interest coverage (2.6x) creates vulnerability to refinancing risk or operational disruption. 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 $538.1M.

Does DLX pay dividends?

Deluxe Corp. pays dividends, with $15.3M 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 $0.77.

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 grade reflects both perspectives for balanced insights.

What is DLX's fundamental grade?

Based on our AI fundamental analysis in June 2026, Deluxe Corp. has a C grade with 74% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is DLX stock overvalued or undervalued?

Valuation metrics for DLX: ROE of 5.1% (sector avg: 15%), net margin of 6.7% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is DLX's AI grade for 2026?

Our dual AI analysis gives Deluxe Corp. a combined C grade 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 $52.7M, with capital expenditures of $25.4M. FCF margin is 5.1%.

How does DLX compare to other Market stocks?

Vs Default sector averages: Net margin 6.7% (avg: 12%), ROE 5.1% (avg: 15%), current ratio 1.15 (avg: 1.8).

Is Deluxe Corp. carrying too much debt?

DLX has a debt-to-equity ratio of 2.01x, which is above the Market sector average of 0.7x. However, the current ratio of 1.15 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: May 8, 2026 | Data as of: 2026-03-31 | Powered by Claude AI