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Side-by-side financial comparison of DELUXE CORP (DLX) and DXP ENTERPRISES INC (DXPE). Click either name above to swap in a different company.

DELUXE CORP is the larger business by last-quarter revenue ($535.2M vs $527.4M, roughly 1.0× DXP ENTERPRISES INC). DXP ENTERPRISES INC runs the higher net margin — 4.3% vs 2.2%, a 2.1% gap on every dollar of revenue. On growth, DXP ENTERPRISES INC posted the faster year-over-year revenue change (12.0% vs 2.8%). Over the past eight quarters, DXP ENTERPRISES INC's revenue compounded faster (13.1% CAGR vs 0.0%).

Deluxe Corporation is an American company that provides payment processing, data services, checks and promotional products, and merchant services. It operates in four divisions: B2B payments, data, print, and merchant services. As of 2025, the company serves millions of small businesses and thousands of financial institutions, processing more than $2.8 trillion in payments annually. While its legacy business centers on check printing and other printed products, payments and data services now ...

DXP Enterprises Inc. is a leading industrial distribution firm that provides maintenance, repair, operations (MRO) supplies, fluid handling equipment, pump systems and related technical services. It primarily serves customers in manufacturing, energy, mining, construction sectors, with core market coverage across North America.

DLX vs DXPE — Head-to-Head

Bigger by revenue
DLX
DLX
1.0× larger
DLX
$535.2M
$527.4M
DXPE
Growing faster (revenue YoY)
DXPE
DXPE
+9.2% gap
DXPE
12.0%
2.8%
DLX
Higher net margin
DXPE
DXPE
2.1% more per $
DXPE
4.3%
2.2%
DLX
Faster 2-yr revenue CAGR
DXPE
DXPE
Annualised
DXPE
13.1%
0.0%
DLX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DLX
DLX
DXPE
DXPE
Revenue
$535.2M
$527.4M
Net Profit
$12.0M
$22.8M
Gross Margin
52.2%
31.6%
Operating Margin
8.9%
8.8%
Net Margin
2.2%
4.3%
Revenue YoY
2.8%
12.0%
Net Profit YoY
-5.0%
6.9%
EPS (diluted)
$0.25
$1.38

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DLX
DLX
DXPE
DXPE
Q4 25
$535.2M
$527.4M
Q3 25
$540.2M
$513.7M
Q2 25
$521.3M
$498.7M
Q1 25
$536.5M
$476.6M
Q4 24
$520.6M
$470.9M
Q3 24
$528.4M
$472.9M
Q2 24
$537.8M
$445.6M
Q1 24
$535.0M
$412.6M
Net Profit
DLX
DLX
DXPE
DXPE
Q4 25
$12.0M
$22.8M
Q3 25
$33.7M
$21.6M
Q2 25
$22.4M
$23.6M
Q1 25
$14.0M
$20.6M
Q4 24
$12.6M
$21.4M
Q3 24
$8.9M
$21.1M
Q2 24
$20.5M
$16.7M
Q1 24
$10.8M
$11.3M
Gross Margin
DLX
DLX
DXPE
DXPE
Q4 25
52.2%
31.6%
Q3 25
53.9%
31.4%
Q2 25
53.6%
31.6%
Q1 25
52.4%
31.5%
Q4 24
52.3%
31.5%
Q3 24
53.3%
30.9%
Q2 24
53.7%
30.9%
Q1 24
53.0%
30.0%
Operating Margin
DLX
DLX
DXPE
DXPE
Q4 25
8.9%
8.8%
Q3 25
14.0%
8.5%
Q2 25
11.7%
9.2%
Q1 25
9.0%
8.5%
Q4 24
9.0%
8.3%
Q3 24
7.9%
8.4%
Q2 24
11.0%
8.4%
Q1 24
8.3%
7.1%
Net Margin
DLX
DLX
DXPE
DXPE
Q4 25
2.2%
4.3%
Q3 25
6.2%
4.2%
Q2 25
4.3%
4.7%
Q1 25
2.6%
4.3%
Q4 24
2.4%
4.5%
Q3 24
1.7%
4.5%
Q2 24
3.8%
3.7%
Q1 24
2.0%
2.7%
EPS (diluted)
DLX
DLX
DXPE
DXPE
Q4 25
$0.25
$1.38
Q3 25
$0.74
$1.31
Q2 25
$0.50
$1.43
Q1 25
$0.31
$1.25
Q4 24
$0.28
$1.28
Q3 24
$0.20
$1.27
Q2 24
$0.46
$1.00
Q1 24
$0.24
$0.67

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DLX
DLX
DXPE
DXPE
Cash + ST InvestmentsLiquidity on hand
$36.9M
$303.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$680.7M
$498.4M
Total Assets
$2.9B
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLX
DLX
DXPE
DXPE
Q4 25
$36.9M
$303.8M
Q3 25
$25.8M
$123.8M
Q2 25
$26.0M
$112.9M
Q1 25
$30.3M
$114.3M
Q4 24
$34.4M
$148.3M
Q3 24
$41.3M
$35.0M
Q2 24
$23.1M
$49.9M
Q1 24
$23.5M
$139.7M
Stockholders' Equity
DLX
DLX
DXPE
DXPE
Q4 25
$680.7M
$498.4M
Q3 25
$664.1M
$488.3M
Q2 25
$638.7M
$468.1M
Q1 25
$622.5M
$444.7M
Q4 24
$620.9M
$422.8M
Q3 24
$612.7M
$402.4M
Q2 24
$620.5M
$384.7M
Q1 24
$608.4M
$375.5M
Total Assets
DLX
DLX
DXPE
DXPE
Q4 25
$2.9B
$1.7B
Q3 25
$2.6B
$1.4B
Q2 25
$2.5B
$1.4B
Q1 25
$2.6B
$1.4B
Q4 24
$2.8B
$1.3B
Q3 24
$2.6B
$1.2B
Q2 24
$2.7B
$1.2B
Q1 24
$2.7B
$1.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DLX
DLX
DXPE
DXPE
Operating Cash FlowLast quarter
$102.1M
$37.8M
Free Cash FlowOCF − Capex
$34.5M
FCF MarginFCF / Revenue
6.5%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
8.53×
1.65×
TTM Free Cash FlowTrailing 4 quarters
$54.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLX
DLX
DXPE
DXPE
Q4 25
$102.1M
$37.8M
Q3 25
$67.1M
$34.9M
Q2 25
$51.1M
$18.6M
Q1 25
$50.3M
$3.0M
Q4 24
$60.2M
$32.1M
Q3 24
$67.9M
$28.3M
Q2 24
$39.6M
$14.7M
Q1 24
$26.6M
$27.0M
Free Cash Flow
DLX
DLX
DXPE
DXPE
Q4 25
$34.5M
Q3 25
$28.1M
Q2 25
$27.8M
$8.3M
Q1 25
$24.3M
$-16.9M
Q4 24
$22.7M
Q3 24
$46.7M
$24.4M
Q2 24
$11.4M
$5.9M
Q1 24
$6.1M
$24.1M
FCF Margin
DLX
DLX
DXPE
DXPE
Q4 25
6.5%
Q3 25
5.5%
Q2 25
5.3%
1.7%
Q1 25
4.5%
-3.6%
Q4 24
4.8%
Q3 24
8.8%
5.2%
Q2 24
2.1%
1.3%
Q1 24
1.1%
5.8%
Capex Intensity
DLX
DLX
DXPE
DXPE
Q4 25
0.6%
Q3 25
1.3%
Q2 25
4.5%
2.1%
Q1 25
4.8%
4.2%
Q4 24
2.0%
Q3 24
4.0%
0.8%
Q2 24
5.2%
2.0%
Q1 24
3.8%
0.7%
Cash Conversion
DLX
DLX
DXPE
DXPE
Q4 25
8.53×
1.65×
Q3 25
1.99×
1.61×
Q2 25
2.28×
0.79×
Q1 25
3.59×
0.14×
Q4 24
4.77×
1.50×
Q3 24
7.60×
1.34×
Q2 24
1.94×
0.88×
Q1 24
2.46×
2.38×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DLX
DLX

Services$247.9M46%
B2B Payments$76.3M14%
Datadrivenmarketingsolutions$68.5M13%
Promotional Solutions Revenue$60.9M11%
Treasurymanagementsolutions$59.8M11%
Other$17.3M3%
Other Web Based Solutions$4.6M1%

DXPE
DXPE

Service Centers$356.2M68%
Innovative Pumping Solutions$110.0M21%
Supply Chain Services$61.2M12%

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