
Deluxe Corp
NYSE:DLX

Income Statement
Earnings Waterfall
Deluxe Corp
Revenue
|
2.1B
USD
|
Cost of Revenue
|
-995.3m
USD
|
Gross Profit
|
1.1B
USD
|
Operating Expenses
|
-909.2m
USD
|
Operating Income
|
217.3m
USD
|
Other Expenses
|
-164.5m
USD
|
Net Income
|
52.8m
USD
|
Income Statement
Deluxe Corp
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 674
N/A
|
1 701
+2%
|
1 731
+2%
|
1 758
+2%
|
1 773
+1%
|
1 799
+1%
|
1 813
+1%
|
1 832
+1%
|
1 849
+1%
|
1 878
+2%
|
1 912
+2%
|
1 951
+2%
|
1 966
+1%
|
1 970
+0%
|
1 973
+0%
|
1 968
0%
|
1 998
+2%
|
2 005
+0%
|
2 011
+0%
|
2 011
+0%
|
2 009
0%
|
1 996
-1%
|
1 913
-4%
|
1 858
-3%
|
1 791
-4%
|
1 746
-3%
|
1 814
+4%
|
1 906
+5%
|
2 022
+6%
|
2 137
+6%
|
2 222
+4%
|
2 245
+1%
|
2 238
0%
|
2 227
0%
|
2 236
+0%
|
2 219
-1%
|
2 192
-1%
|
2 182
0%
|
2 148
-2%
|
2 139
0%
|
2 122
-1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(606)
|
(614)
|
(624)
|
(633)
|
(639)
|
(651)
|
(655)
|
(662)
|
(668)
|
(683)
|
(702)
|
(729)
|
(743)
|
(752)
|
(763)
|
(768)
|
(792)
|
(803)
|
(815)
|
(821)
|
(813)
|
(815)
|
(775)
|
(746)
|
(731)
|
(707)
|
(752)
|
(821)
|
(884)
|
(955)
|
(1 012)
|
(1 025)
|
(1 032)
|
(1 034)
|
(1 039)
|
(1 038)
|
(1 030)
|
(1 030)
|
(1 009)
|
(1 001)
|
(995)
|
|
Gross Profit |
1 068
N/A
|
1 087
+2%
|
1 107
+2%
|
1 125
+2%
|
1 134
+1%
|
1 148
+1%
|
1 159
+1%
|
1 171
+1%
|
1 181
+1%
|
1 195
+1%
|
1 210
+1%
|
1 222
+1%
|
1 223
+0%
|
1 218
0%
|
1 210
-1%
|
1 201
-1%
|
1 206
+0%
|
1 203
0%
|
1 196
-1%
|
1 190
0%
|
1 196
+0%
|
1 181
-1%
|
1 137
-4%
|
1 113
-2%
|
1 060
-5%
|
1 038
-2%
|
1 062
+2%
|
1 085
+2%
|
1 138
+5%
|
1 182
+4%
|
1 209
+2%
|
1 220
+1%
|
1 206
-1%
|
1 194
-1%
|
1 197
+0%
|
1 181
-1%
|
1 163
-2%
|
1 152
-1%
|
1 139
-1%
|
1 138
0%
|
1 126
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(719)
|
(737)
|
(753)
|
(767)
|
(775)
|
(781)
|
(790)
|
(798)
|
(807)
|
(823)
|
(833)
|
(838)
|
(830)
|
(824)
|
(823)
|
(826)
|
(847)
|
(860)
|
(873)
|
(879)
|
(882)
|
(897)
|
(871)
|
(857)
|
(834)
|
(806)
|
(830)
|
(871)
|
(922)
|
(972)
|
(1 004)
|
(1 008)
|
(993)
|
(981)
|
(977)
|
(967)
|
(956)
|
(943)
|
(931)
|
(925)
|
(909)
|
|
Selling, General & Administrative |
(719)
|
(737)
|
(753)
|
(767)
|
(775)
|
(781)
|
(790)
|
(798)
|
(807)
|
(823)
|
(833)
|
(838)
|
(830)
|
(824)
|
(824)
|
(826)
|
(847)
|
(860)
|
(873)
|
(879)
|
(882)
|
(897)
|
(871)
|
(857)
|
(834)
|
(806)
|
(830)
|
(871)
|
(922)
|
(972)
|
(1 004)
|
(1 008)
|
(993)
|
(981)
|
(977)
|
(967)
|
(956)
|
(943)
|
(931)
|
(925)
|
(909)
|
|
Operating Income |
349
N/A
|
350
+0%
|
354
+1%
|
358
+1%
|
359
+0%
|
367
+2%
|
369
+1%
|
372
+1%
|
374
+0%
|
372
-1%
|
377
+1%
|
384
+2%
|
393
+2%
|
393
+0%
|
386
-2%
|
375
-3%
|
360
-4%
|
342
-5%
|
323
-6%
|
311
-4%
|
314
+1%
|
283
-10%
|
266
-6%
|
256
-4%
|
227
-11%
|
232
+2%
|
232
0%
|
214
-8%
|
216
+1%
|
210
-3%
|
206
-2%
|
212
+3%
|
213
+1%
|
213
0%
|
220
+3%
|
214
-3%
|
207
-3%
|
209
+1%
|
208
-1%
|
213
+3%
|
217
+2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(37)
|
(34)
|
(28)
|
(23)
|
(20)
|
(19)
|
(20)
|
(20)
|
(22)
|
(22)
|
(22)
|
(23)
|
(21)
|
(22)
|
(23)
|
(25)
|
(27)
|
(31)
|
(34)
|
(35)
|
(35)
|
(32)
|
(29)
|
(26)
|
(23)
|
(21)
|
(24)
|
(40)
|
(56)
|
(71)
|
(83)
|
(85)
|
(94)
|
(104)
|
(115)
|
(123)
|
(126)
|
(126)
|
(125)
|
(123)
|
(123)
|
|
Non-Reccuring Items |
(16)
|
(22)
|
(22)
|
(13)
|
(13)
|
(5)
|
(5)
|
(6)
|
(15)
|
(20)
|
(24)
|
(70)
|
(63)
|
(62)
|
(64)
|
(123)
|
(128)
|
(135)
|
(147)
|
(458)
|
(472)
|
(566)
|
(576)
|
(181)
|
(182)
|
(91)
|
(89)
|
(78)
|
(74)
|
(73)
|
(43)
|
(44)
|
(43)
|
(40)
|
(45)
|
(58)
|
(46)
|
(38)
|
(32)
|
(17)
|
(25)
|
|
Total Other Income |
1
|
1
|
2
|
2
|
3
|
3
|
2
|
2
|
4
|
5
|
5
|
6
|
5
|
5
|
6
|
8
|
9
|
9
|
9
|
9
|
7
|
10
|
10
|
10
|
9
|
7
|
7
|
7
|
7
|
7
|
7
|
8
|
9
|
10
|
8
|
6
|
5
|
5
|
6
|
7
|
8
|
|
Pre-Tax Income |
297
N/A
|
296
0%
|
306
+3%
|
324
+6%
|
328
+1%
|
345
+5%
|
346
+0%
|
349
+1%
|
340
-2%
|
334
-2%
|
337
+1%
|
297
-12%
|
313
+5%
|
315
+1%
|
305
-3%
|
234
-23%
|
213
-9%
|
185
-13%
|
151
-19%
|
(174)
N/A
|
(186)
-7%
|
(305)
-64%
|
(330)
-8%
|
59
N/A
|
31
-48%
|
127
+316%
|
126
-1%
|
102
-19%
|
94
-8%
|
73
-22%
|
87
+19%
|
90
+4%
|
84
-6%
|
78
-7%
|
69
-12%
|
39
-44%
|
40
+3%
|
50
+25%
|
57
+16%
|
80
+39%
|
76
-5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(97)
|
(98)
|
(101)
|
(107)
|
(109)
|
(114)
|
(113)
|
(114)
|
(111)
|
(106)
|
(107)
|
(98)
|
(103)
|
(99)
|
(89)
|
(78)
|
(63)
|
(58)
|
(51)
|
(14)
|
(14)
|
4
|
11
|
(30)
|
(22)
|
(34)
|
(36)
|
(28)
|
(31)
|
(25)
|
(28)
|
(30)
|
(19)
|
(20)
|
(16)
|
(8)
|
(14)
|
(15)
|
(19)
|
(25)
|
(24)
|
|
Income from Continuing Operations |
200
|
198
|
204
|
217
|
219
|
231
|
233
|
235
|
229
|
228
|
230
|
200
|
210
|
216
|
217
|
157
|
150
|
128
|
100
|
(188)
|
(200)
|
(301)
|
(319)
|
29
|
9
|
93
|
91
|
74
|
63
|
48
|
58
|
60
|
66
|
59
|
53
|
30
|
26
|
34
|
38
|
55
|
53
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Net Income (Common) |
199
N/A
|
197
-1%
|
203
+3%
|
215
+6%
|
217
+1%
|
229
+5%
|
231
+1%
|
233
+1%
|
228
-2%
|
227
0%
|
228
+1%
|
198
-13%
|
229
+15%
|
235
+3%
|
236
+0%
|
176
-25%
|
149
-16%
|
127
-15%
|
100
-22%
|
(188)
N/A
|
(200)
-6%
|
(301)
-51%
|
(319)
-6%
|
29
N/A
|
9
-70%
|
93
+960%
|
90
-3%
|
74
-19%
|
63
-15%
|
48
-23%
|
58
+21%
|
60
+4%
|
65
+9%
|
58
-11%
|
53
-10%
|
30
-43%
|
26
-13%
|
34
+31%
|
38
+12%
|
55
+44%
|
53
-4%
|
|
EPS (Diluted) |
3.96
N/A
|
3.94
-1%
|
4.05
+3%
|
4.31
+6%
|
4.36
+1%
|
4.65
+7%
|
4.75
+2%
|
4.76
+0%
|
4.65
-2%
|
4.65
N/A
|
4.68
+1%
|
4.08
-13%
|
4.72
+16%
|
4.89
+4%
|
5.04
+3%
|
3.76
-25%
|
3.17
-16%
|
2.88
-9%
|
2.35
-18%
|
-4.42
N/A
|
-4.65
-5%
|
-7.17
-54%
|
-7.55
-5%
|
0.68
N/A
|
0.21
-69%
|
2.2
+948%
|
2.13
-3%
|
1.72
-19%
|
1.46
-15%
|
1.11
-24%
|
1.34
+21%
|
1.39
+4%
|
1.51
+9%
|
1.35
-11%
|
1.21
-10%
|
0.69
-43%
|
0.59
-14%
|
0.77
+31%
|
0.86
+12%
|
1.24
+44%
|
1.18
-5%
|