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Side-by-side financial comparison of DELUXE CORP (DLX) and Enhabit, Inc. (EHAB). Click either name above to swap in a different company.
DELUXE CORP is the larger business by last-quarter revenue ($535.2M vs $270.4M, roughly 2.0× Enhabit, Inc.). DELUXE CORP runs the higher net margin — 2.2% vs -14.3%, a 16.5% gap on every dollar of revenue. On growth, Enhabit, Inc. posted the faster year-over-year revenue change (4.7% vs 2.8%). Over the past eight quarters, Enhabit, Inc.'s revenue compounded faster (1.5% 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 ...
Enhabit, Inc., is a Dallas, Texas-based provider of home health and hospice services. The company operates 255 home health and 110 hospice locations in 34 states with a concentration in Texas, Alabama, Florida, Georgia, Oklahoma and Mississippi. Enhabit is the fourth-largest provider of home health services in the United States and is a leading provider of hospice services. The company was formed in 2022 when Encompass Health spun off its home health and hospice business.
DLX vs EHAB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $535.2M | $270.4M |
| Net Profit | $12.0M | $-38.7M |
| Gross Margin | 52.2% | — |
| Operating Margin | 8.9% | -12.3% |
| Net Margin | 2.2% | -14.3% |
| Revenue YoY | 2.8% | 4.7% |
| Net Profit YoY | -5.0% | 15.9% |
| EPS (diluted) | $0.25 | $-0.76 |
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.
| Q4 25 | $535.2M | $270.4M | ||
| Q3 25 | $540.2M | $263.6M | ||
| Q2 25 | $521.3M | $266.1M | ||
| Q1 25 | $536.5M | $259.9M | ||
| Q4 24 | $520.6M | $258.2M | ||
| Q3 24 | $528.4M | $253.6M | ||
| Q2 24 | $537.8M | $260.6M | ||
| Q1 24 | $535.0M | $262.4M |
| Q4 25 | $12.0M | $-38.7M | ||
| Q3 25 | $33.7M | $11.1M | ||
| Q2 25 | $22.4M | $5.2M | ||
| Q1 25 | $14.0M | $17.8M | ||
| Q4 24 | $12.6M | $-46.0M | ||
| Q3 24 | $8.9M | $-110.2M | ||
| Q2 24 | $20.5M | $-200.0K | ||
| Q1 24 | $10.8M | $200.0K |
| Q4 25 | 52.2% | — | ||
| Q3 25 | 53.9% | — | ||
| Q2 25 | 53.6% | — | ||
| Q1 25 | 52.4% | — | ||
| Q4 24 | 52.3% | — | ||
| Q3 24 | 53.3% | — | ||
| Q2 24 | 53.7% | — | ||
| Q1 24 | 53.0% | — |
| Q4 25 | 8.9% | -12.3% | ||
| Q3 25 | 14.0% | 6.4% | ||
| Q2 25 | 11.7% | 6.3% | ||
| Q1 25 | 9.0% | 6.1% | ||
| Q4 24 | 9.0% | -16.0% | ||
| Q3 24 | 7.9% | -38.6% | ||
| Q2 24 | 11.0% | 4.3% | ||
| Q1 24 | 8.3% | 4.9% |
| Q4 25 | 2.2% | -14.3% | ||
| Q3 25 | 6.2% | 4.2% | ||
| Q2 25 | 4.3% | 2.0% | ||
| Q1 25 | 2.6% | 6.8% | ||
| Q4 24 | 2.4% | -17.8% | ||
| Q3 24 | 1.7% | -43.5% | ||
| Q2 24 | 3.8% | -0.1% | ||
| Q1 24 | 2.0% | 0.1% |
| Q4 25 | $0.25 | $-0.76 | ||
| Q3 25 | $0.74 | $0.22 | ||
| Q2 25 | $0.50 | $0.10 | ||
| Q1 25 | $0.31 | $0.35 | ||
| Q4 24 | $0.28 | $-0.92 | ||
| Q3 24 | $0.20 | $-2.20 | ||
| Q2 24 | $0.46 | $0.00 | ||
| Q1 24 | $0.24 | $0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $36.9M | $43.6M |
| Total DebtLower is stronger | — | $426.0M |
| Stockholders' EquityBook value | $680.7M | $534.0M |
| Total Assets | $2.9B | $1.2B |
| Debt / EquityLower = less leverage | — | 0.80× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.9M | $43.6M | ||
| Q3 25 | $25.8M | $56.9M | ||
| Q2 25 | $26.0M | $37.1M | ||
| Q1 25 | $30.3M | $39.5M | ||
| Q4 24 | $34.4M | $28.4M | ||
| Q3 24 | $41.3M | $45.7M | ||
| Q2 24 | $23.1M | $28.5M | ||
| Q1 24 | $23.5M | $36.5M |
| Q4 25 | — | $426.0M | ||
| Q3 25 | — | $441.5M | ||
| Q2 25 | — | $456.9M | ||
| Q1 25 | — | $467.3M | ||
| Q4 24 | — | $492.6M | ||
| Q3 24 | — | $502.9M | ||
| Q2 24 | — | $512.7M | ||
| Q1 24 | — | $526.7M |
| Q4 25 | $680.7M | $534.0M | ||
| Q3 25 | $664.1M | $566.8M | ||
| Q2 25 | $638.7M | $552.4M | ||
| Q1 25 | $622.5M | $543.2M | ||
| Q4 24 | $620.9M | $523.5M | ||
| Q3 24 | $612.7M | $566.1M | ||
| Q2 24 | $620.5M | $674.3M | ||
| Q1 24 | $608.4M | $672.3M |
| Q4 25 | $2.9B | $1.2B | ||
| Q3 25 | $2.6B | $1.2B | ||
| Q2 25 | $2.5B | $1.2B | ||
| Q1 25 | $2.6B | $1.2B | ||
| Q4 24 | $2.8B | $1.2B | ||
| Q3 24 | $2.6B | $1.3B | ||
| Q2 24 | $2.7B | $1.4B | ||
| Q1 24 | $2.7B | $1.4B |
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | 0.78× | ||
| Q2 25 | — | 0.83× | ||
| Q1 25 | — | 0.86× | ||
| Q4 24 | — | 0.94× | ||
| Q3 24 | — | 0.89× | ||
| Q2 24 | — | 0.76× | ||
| Q1 24 | — | 0.78× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $102.1M | $4.4M |
| Free Cash FlowOCF − Capex | — | $3.3M |
| FCF MarginFCF / Revenue | — | 1.2% |
| Capex IntensityCapex / Revenue | — | 0.4% |
| Cash ConversionOCF / Net Profit | 8.53× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $65.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $102.1M | $4.4M | ||
| Q3 25 | $67.1M | $37.8M | ||
| Q2 25 | $51.1M | $10.6M | ||
| Q1 25 | $50.3M | $17.9M | ||
| Q4 24 | $60.2M | $-4.1M | ||
| Q3 24 | $67.9M | $28.4M | ||
| Q2 24 | $39.6M | $9.6M | ||
| Q1 24 | $26.6M | $17.3M |
| Q4 25 | — | $3.3M | ||
| Q3 25 | — | $36.2M | ||
| Q2 25 | $27.8M | $8.7M | ||
| Q1 25 | $24.3M | $17.6M | ||
| Q4 24 | — | $-4.7M | ||
| Q3 24 | $46.7M | $27.7M | ||
| Q2 24 | $11.4M | $8.9M | ||
| Q1 24 | $6.1M | $15.5M |
| Q4 25 | — | 1.2% | ||
| Q3 25 | — | 13.7% | ||
| Q2 25 | 5.3% | 3.3% | ||
| Q1 25 | 4.5% | 6.8% | ||
| Q4 24 | — | -1.8% | ||
| Q3 24 | 8.8% | 10.9% | ||
| Q2 24 | 2.1% | 3.4% | ||
| Q1 24 | 1.1% | 5.9% |
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | 4.5% | 0.7% | ||
| Q1 25 | 4.8% | 0.1% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | 4.0% | 0.3% | ||
| Q2 24 | 5.2% | 0.3% | ||
| Q1 24 | 3.8% | 0.7% |
| Q4 25 | 8.53× | — | ||
| Q3 25 | 1.99× | 3.41× | ||
| Q2 25 | 2.28× | 2.04× | ||
| Q1 25 | 3.59× | 1.01× | ||
| Q4 24 | 4.77× | — | ||
| Q3 24 | 7.60× | — | ||
| Q2 24 | 1.94× | — | ||
| Q1 24 | 2.46× | 86.50× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DLX
| Services | $247.9M | 46% |
| B2B Payments | $76.3M | 14% |
| Datadrivenmarketingsolutions | $68.5M | 13% |
| Promotional Solutions Revenue | $60.9M | 11% |
| Treasurymanagementsolutions | $59.8M | 11% |
| Other | $17.3M | 3% |
| Other Web Based Solutions | $4.6M | 1% |
EHAB
| Third Party Payor Medicare | $111.6M | 41% |
| Third Party Payor Medicare Advantage | $67.5M | 25% |
| Hospice Segment | $63.6M | 24% |
| Third Party Payor Managed Care | $24.9M | 9% |
| Third Party Payor Medicaid | $1.7M | 1% |
