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Side-by-side financial comparison of DELUXE CORP (DLX) and HUTCHMED (China) Ltd (HCM). Click either name above to swap in a different company.

DELUXE CORP is the larger business by last-quarter revenue ($535.2M vs $270.8M, roughly 2.0× HUTCHMED (China) Ltd). DELUXE CORP runs the higher net margin — 2.2% vs 0.7%, a 1.5% gap on every dollar of revenue. On growth, DELUXE CORP posted the faster year-over-year revenue change (2.8% vs -16.5%).

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 ...

HUTCHMED (China) Ltd is a biopharmaceutical firm focused on discovering, developing and commercializing targeted and immunotherapies for oncology and immunological diseases. It operates across China and global markets, with multiple marketed oncology drugs and a robust pipeline of late-stage clinical candidates addressing unmet patient needs.

DLX vs HCM — Head-to-Head

Bigger by revenue
DLX
DLX
2.0× larger
DLX
$535.2M
$270.8M
HCM
Growing faster (revenue YoY)
DLX
DLX
+19.4% gap
DLX
2.8%
-16.5%
HCM
Higher net margin
DLX
DLX
1.5% more per $
DLX
2.2%
0.7%
HCM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DLX
DLX
HCM
HCM
Revenue
$535.2M
$270.8M
Net Profit
$12.0M
$2.0M
Gross Margin
52.2%
37.7%
Operating Margin
8.9%
-13.2%
Net Margin
2.2%
0.7%
Revenue YoY
2.8%
-16.5%
Net Profit YoY
-5.0%
-83.6%
EPS (diluted)
$0.25
$0.00

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
HCM
HCM
Q4 25
$535.2M
$270.8M
Q3 25
$540.2M
Q2 25
$521.3M
$277.7M
Q1 25
$536.5M
$324.5M
Q4 24
$520.6M
Q3 24
$528.4M
Q2 24
$537.8M
$305.7M
Q1 24
$535.0M
Net Profit
DLX
DLX
HCM
HCM
Q4 25
$12.0M
$2.0M
Q3 25
$33.7M
Q2 25
$22.4M
$455.0M
Q1 25
$14.0M
$11.9M
Q4 24
$12.6M
Q3 24
$8.9M
Q2 24
$20.5M
$25.8M
Q1 24
$10.8M
Gross Margin
DLX
DLX
HCM
HCM
Q4 25
52.2%
37.7%
Q3 25
53.9%
Q2 25
53.6%
0.1%
Q1 25
52.4%
48.0%
Q4 24
52.3%
Q3 24
53.3%
Q2 24
53.7%
41.1%
Q1 24
53.0%
Operating Margin
DLX
DLX
HCM
HCM
Q4 25
8.9%
-13.2%
Q3 25
14.0%
Q2 25
11.7%
-1.3%
Q1 25
9.0%
-5.0%
Q4 24
9.0%
Q3 24
7.9%
Q2 24
11.0%
-9.0%
Q1 24
8.3%
Net Margin
DLX
DLX
HCM
HCM
Q4 25
2.2%
0.7%
Q3 25
6.2%
Q2 25
4.3%
163.8%
Q1 25
2.6%
3.7%
Q4 24
2.4%
Q3 24
1.7%
Q2 24
3.8%
8.4%
Q1 24
2.0%
EPS (diluted)
DLX
DLX
HCM
HCM
Q4 25
$0.25
$0.00
Q3 25
$0.74
Q2 25
$0.50
$0.52
Q1 25
$0.31
$0.01
Q4 24
$0.28
Q3 24
$0.20
Q2 24
$0.46
$0.03
Q1 24
$0.24

Balance Sheet & Financial Strength

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

Metric
DLX
DLX
HCM
HCM
Cash + ST InvestmentsLiquidity on hand
$36.9M
$1.4B
Total DebtLower is stronger
$93.2M
Stockholders' EquityBook value
$680.7M
$1.2B
Total Assets
$2.9B
$1.8B
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLX
DLX
HCM
HCM
Q4 25
$36.9M
$1.4B
Q3 25
$25.8M
Q2 25
$26.0M
$1.4B
Q1 25
$30.3M
$836.1M
Q4 24
$34.4M
Q3 24
$41.3M
Q2 24
$23.1M
$802.5M
Q1 24
$23.5M
Total Debt
DLX
DLX
HCM
HCM
Q4 25
$93.2M
Q3 25
Q2 25
$93.4M
Q1 25
$82.8M
Q4 24
Q3 24
Q2 24
$82.1M
Q1 24
Stockholders' Equity
DLX
DLX
HCM
HCM
Q4 25
$680.7M
$1.2B
Q3 25
$664.1M
Q2 25
$638.7M
$1.2B
Q1 25
$622.5M
$759.9M
Q4 24
$620.9M
Q3 24
$612.7M
Q2 24
$620.5M
$740.1M
Q1 24
$608.4M
Total Assets
DLX
DLX
HCM
HCM
Q4 25
$2.9B
$1.8B
Q3 25
$2.6B
Q2 25
$2.5B
$1.8B
Q1 25
$2.6B
$1.3B
Q4 24
$2.8B
Q3 24
$2.6B
Q2 24
$2.7B
$1.3B
Q1 24
$2.7B
Debt / Equity
DLX
DLX
HCM
HCM
Q4 25
0.08×
Q3 25
Q2 25
0.08×
Q1 25
0.11×
Q4 24
Q3 24
Q2 24
0.11×
Q1 24

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
HCM
HCM
Operating Cash FlowLast quarter
$102.1M
$8.2M
Free Cash FlowOCF − Capex
$3.4M
FCF MarginFCF / Revenue
1.2%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
8.53×
4.21×
TTM Free Cash FlowTrailing 4 quarters
$-96.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLX
DLX
HCM
HCM
Q4 25
$102.1M
$8.2M
Q3 25
$67.1M
Q2 25
$51.1M
$-72.9M
Q1 25
$50.3M
$40.3M
Q4 24
$60.2M
Q3 24
$67.9M
Q2 24
$39.6M
$-39.8M
Q1 24
$26.6M
Free Cash Flow
DLX
DLX
HCM
HCM
Q4 25
$3.4M
Q3 25
Q2 25
$27.8M
$-82.2M
Q1 25
$24.3M
$32.5M
Q4 24
Q3 24
$46.7M
Q2 24
$11.4M
$-49.9M
Q1 24
$6.1M
FCF Margin
DLX
DLX
HCM
HCM
Q4 25
1.2%
Q3 25
Q2 25
5.3%
-29.6%
Q1 25
4.5%
10.0%
Q4 24
Q3 24
8.8%
Q2 24
2.1%
-16.3%
Q1 24
1.1%
Capex Intensity
DLX
DLX
HCM
HCM
Q4 25
1.8%
Q3 25
Q2 25
4.5%
3.3%
Q1 25
4.8%
2.4%
Q4 24
Q3 24
4.0%
Q2 24
5.2%
3.3%
Q1 24
3.8%
Cash Conversion
DLX
DLX
HCM
HCM
Q4 25
8.53×
4.21×
Q3 25
1.99×
Q2 25
2.28×
-0.16×
Q1 25
3.59×
3.38×
Q4 24
4.77×
Q3 24
7.60×
Q2 24
1.94×
-1.54×
Q1 24
2.46×

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%

HCM
HCM

Segment breakdown not available.

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