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Deluxe (Deluxe) Gross Profit : $1,152 Mil (TTM As of Mar. 2024)


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What is Deluxe Gross Profit?

Deluxe's gross profit for the three months ended in Mar. 2024 was $284 Mil. Deluxe's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $1,152 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Deluxe's gross profit for the three months ended in Mar. 2024 was $284 Mil. Deluxe's Revenue for the three months ended in Mar. 2024 was $535 Mil. Therefore, Deluxe's Gross Margin % for the quarter that ended in Mar. 2024 was 53.00%.

Deluxe had a gross margin of 53.00% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Deluxe was 63.94%. The lowest was 52.78%. And the median was 59.95%.

Warning Sign:

Deluxe Corp gross margin has been in long-term decline. The average rate of decline per year is -2.8%.


Deluxe Gross Profit Historical Data

The historical data trend for Deluxe's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Deluxe Gross Profit Chart

Deluxe Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,195.78 1,060.01 1,137.93 1,205.89 1,162.68

Deluxe Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 294.70 301.74 282.72 283.52 283.54

Competitive Comparison of Deluxe's Gross Profit

For the Advertising Agencies subindustry, Deluxe's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Deluxe's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Deluxe's Gross Profit distribution charts can be found below:

* The bar in red indicates where Deluxe's Gross Profit falls into.



Deluxe Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Deluxe's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=2192.26 - 1029.577
=1,163

Deluxe's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=534.955 - 251.418
=284

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,152 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Deluxe's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=284 / 534.955
=53.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Deluxe  (NYSE:DLX) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Deluxe had a gross margin of 53.00% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Deluxe Gross Profit Related Terms

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Deluxe (Deluxe) Business Description

Traded in Other Exchanges
Address
801 S. Marquette Avenue, Minneapolis, MN, USA, 55402-2807
Deluxe Corporation engaged in providing payment solutions. The company operates in 4 segments. Payments includes merchant in-store, online and mobile payment solutions; treasury management solutions, including remittance and lockbox processing, remote deposit capture, receivables management, payment processing and paperless treasury management; payroll and disbursement services, including Deluxe Payment Exchange; and fraud and security services. Data Solutions includes data-driven marketing solutions; hosted solutions, including digital engagement, logo design; web hosting and design services. Promotional Solutions includes business forms, accessories, advertising specialties and promotional apparel. Checks includes printed business and personal checks.
Executives
Yogaraj Jeyaprakasam officer: Chief Tech. & Digital Officer 801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Kristopher D Lazzaretti officer: President, Data Solutions 801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Debra A Bradford officer: President, Merchant Services
William C Zint officer: SVP, Chief Financial Offier 801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Jean L Herrick officer: SVP, CHRO 801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Chad P Kurth officer: Chief Accounting Officer, PAO 801 S MARQUETTE AVE, MINNEAPOLIS MN 55402
Scott C Bomar officer: SVP, Chief Financial Officer 3680 VICTORIA STREET N, SHOREVIEW MN 55126
Telisa L Yancy director 3680 VICTORIA STREET N, SHOREVIEW MN 55126
Thomas Riccio officer: SVP, Division President 3680 VICTORIA STREET N, SHOREVIEW MN 55126
Paul R Garcia director 214 N TRYON STREET, CHARLOTTE NC 28202
Houwelingen Ronald Van officer: VP, Controller, PAO 3680 VICTORIA STREET N, SHOREVIEW MN 55126
Christopher Lee Thomas officer: SVP, CRO 3680 VICTORIA STREET N, SHOREVIEW MN 55126
William C Cobb director H&R BLOCK, INC., ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Thomas Reddin director 11115 RUSHMORE DR, CHARLOTTE NC 28277
Michael Aaron Reed officer: SVP & General Manager 3680 VICTORIA STREET N, SHOREVIEW MN 55126