Company / Gross Margin
Deluxe Corporation Gross Margin History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
53.1%
FY2024
5-year range
53.0% / 56.3%
FY2020-FY2024
Trend
+0.1%
vs FY2023
Sector context
#15 of 186
Industrials
What the data says
Among 186 Industrials companies, Deluxe Corporation is in the top 8% for gross margin. Gross Margin returned to growth in FY2024 after 7 years of decline, reaching 53.1%.
Based on SEC 10-K filings.
53.1% in FY2024 with a 5-year CAGR of -6.4%. Top quartile in the Industrials sector.
Remained stable around 53.1% over the past 2 years.
Industrials sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -3.2pp
- 5-Year Change
- -6.4pp
- 10-Year Change
- -
Sector benchmark
Top 8% in IndustrialsTop 8% of 186This company 53.1% Sector average 28.8%
▼
+84.4% above sector average
Key checks
Key Insights
- In FY2024, gross margin increased 0.1% year-over-year.
- Currently 24.3pp above the Industrials sector average.
- Peak gross margin was recorded in FY2016.
- Lowest gross margin in the period was in FY2023.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 53.1% | +0.1% |
| FY2023 | 53.0% | -1.6% |
| FY2022 | 53.9% | -4.2% |
| FY2021 | 56.3% | -4.9% |
| FY2020 | 59.2% | -0.6% |
| FY2019 | 59.5% | -1.4% |
| FY2018 | 60.4% | -3.0% |
| FY2017 | 62.2% | -2.6% |
| FY2016 | 63.9% | -0.1% |
As of FY2024 · SEC 10-K · Updated Jul 2, 2026