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Deluxe (Deluxe) EBIT : $176 Mil (TTM As of Mar. 2024)


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What is Deluxe EBIT?

Deluxe's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $47 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $176 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Deluxe's annualized ROC % for the quarter that ended in Mar. 2024 was 4.87%. Deluxe's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 110.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Deluxe's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.79%.


Deluxe EBIT Historical Data

The historical data trend for Deluxe's EBIT 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 EBIT Chart

Deluxe Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -181.06 49.94 149.36 178.83 165.44

Deluxe Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT 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 36.56 54.96 22.88 51.05 47.16

Competitive Comparison of Deluxe's EBIT

For the Advertising Agencies subindustry, Deluxe's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Deluxe's EV-to-EBIT falls into.



Deluxe EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT 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 $176 Mil.

* 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.


Deluxe  (NYSE:DLX) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Deluxe's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=197.776 * ( 1 - 33.77% )/( (2890.76 + 2488.532)/ 2 )
=130.9870448/2689.646
=4.87 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3080.622 - 247.939 - ( 71.962 - max(0, 819.065 - 760.988+71.962))
=2890.76

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2728.596 - 254.477 - ( 23.544 - max(0, 444.623 - 430.21+23.544))
=2488.532

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Deluxe's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=188.644/( ( (175.5 + max(-93.563, 0)) + (166.167 + max(-34.965, 0)) )/ 2 )
=188.644/( ( 175.5 + 166.167 )/ 2 )
=188.644/170.8335
=110.43 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(153.873 + 42.088 + 429.826) - (247.939 + 35.343 + 436.068)
=-93.563

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(171.269 + 38.665 + 164.786) - (254.477 + 30.586 + 124.622)
=-34.965

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Deluxe's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=176.049/2593.274
=6.79 %

* 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.


Deluxe EBIT Related Terms

Thank you for viewing the detailed overview of Deluxe's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


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