DELUXE CORPORATION
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | 63.9% | 19.8% | 12.4% |
| FY2017 | 62.2% | 16.7% | 11.7% |
| FY2018 | 60.4% | 11.6% | 7.5% |
| FY2019 | 59.5% | -9.4% | -11.1% |
| FY2020 | 59.2% | 2.3% | 0.3% |
| FY2021 | 56.3% | 7.0% | 3.1% |
| FY2022 | 53.9% | 7.6% | 2.9% |
| FY2023 | 53.0% | 7.3% | 1.2% |
| FY2024 | 53.1% | 9.1% | 2.5% |
| FY2025 | 53.0% | 10.9% | 3.8% |