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Side-by-side financial comparison of DELUXE CORP (DLX) and Hilltop Holdings Inc. (HTH). Click either name above to swap in a different company.
DELUXE CORP is the larger business by last-quarter revenue ($535.2M vs $300.5M, roughly 1.8× Hilltop Holdings Inc.). Hilltop Holdings Inc. runs the higher net margin — 13.0% vs 2.2%, a 10.7% gap on every dollar of revenue. Over the past eight quarters, Hilltop Holdings Inc.'s revenue compounded faster (0.6% 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 ...
Hilltop Holdings Inc. is a financial holding company based in Dallas, Texas. It offers financial products and banking services through three primary subsidiaries: PlainsCapital Bank, PrimeLending, and HilltopSecurities.
DLX vs HTH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $535.2M | $300.5M |
| Net Profit | $12.0M | $39.0M |
| Gross Margin | 52.2% | — |
| Operating Margin | 8.9% | — |
| Net Margin | 2.2% | 13.0% |
| Revenue YoY | 2.8% | — |
| Net Profit YoY | -5.0% | -12.4% |
| EPS (diluted) | $0.25 | $0.64 |
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.
| Q1 26 | — | $300.5M | ||
| Q4 25 | $535.2M | $329.9M | ||
| Q3 25 | $540.2M | $330.2M | ||
| Q2 25 | $521.3M | $303.3M | ||
| Q1 25 | $536.5M | $318.5M | ||
| Q4 24 | $520.6M | $301.1M | ||
| Q3 24 | $528.4M | $305.5M | ||
| Q2 24 | $537.8M | $297.0M |
| Q1 26 | — | $39.0M | ||
| Q4 25 | $12.0M | $41.6M | ||
| Q3 25 | $33.7M | $45.8M | ||
| Q2 25 | $22.4M | $36.1M | ||
| Q1 25 | $14.0M | $42.1M | ||
| Q4 24 | $12.6M | $35.5M | ||
| Q3 24 | $8.9M | $29.7M | ||
| Q2 24 | $20.5M | $20.3M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 8.9% | 16.1% | ||
| Q3 25 | 14.0% | 18.4% | ||
| Q2 25 | 11.7% | 16.3% | ||
| Q1 25 | 9.0% | 18.1% | ||
| Q4 24 | 9.0% | 14.7% | ||
| Q3 24 | 7.9% | 13.9% | ||
| Q2 24 | 11.0% | 10.0% |
| Q1 26 | — | 13.0% | ||
| Q4 25 | 2.2% | 12.6% | ||
| Q3 25 | 6.2% | 13.9% | ||
| Q2 25 | 4.3% | 11.9% | ||
| Q1 25 | 2.6% | 13.2% | ||
| Q4 24 | 2.4% | 11.8% | ||
| Q3 24 | 1.7% | 9.7% | ||
| Q2 24 | 3.8% | 6.8% |
| Q1 26 | — | $0.64 | ||
| Q4 25 | $0.25 | $0.68 | ||
| Q3 25 | $0.74 | $0.74 | ||
| Q2 25 | $0.50 | $0.57 | ||
| Q1 25 | $0.31 | $0.65 | ||
| Q4 24 | $0.28 | $0.55 | ||
| Q3 24 | $0.20 | $0.46 | ||
| Q2 24 | $0.46 | $0.31 |
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 | — |
| Total DebtLower is stronger | — | $990.8M |
| Stockholders' EquityBook value | $680.7M | $2.2B |
| Total Assets | $2.9B | $15.7B |
| Debt / EquityLower = less leverage | — | 0.46× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $36.9M | — | ||
| Q3 25 | $25.8M | — | ||
| Q2 25 | $26.0M | — | ||
| Q1 25 | $30.3M | — | ||
| Q4 24 | $34.4M | — | ||
| Q3 24 | $41.3M | — | ||
| Q2 24 | $23.1M | — |
| Q1 26 | — | $990.8M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $2.2B | ||
| Q4 25 | $680.7M | $2.2B | ||
| Q3 25 | $664.1M | $2.2B | ||
| Q2 25 | $638.7M | $2.2B | ||
| Q1 25 | $622.5M | $2.2B | ||
| Q4 24 | $620.9M | $2.2B | ||
| Q3 24 | $612.7M | $2.2B | ||
| Q2 24 | $620.5M | $2.1B |
| Q1 26 | — | $15.7B | ||
| Q4 25 | $2.9B | $15.8B | ||
| Q3 25 | $2.6B | $15.6B | ||
| Q2 25 | $2.5B | $15.4B | ||
| Q1 25 | $2.6B | $15.8B | ||
| Q4 24 | $2.8B | $16.3B | ||
| Q3 24 | $2.6B | $15.9B | ||
| Q2 24 | $2.7B | $15.6B |
| Q1 26 | — | 0.46× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 8.53× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $102.1M | $-38.7M | ||
| Q3 25 | $67.1M | $273.0M | ||
| Q2 25 | $51.1M | $-234.6M | ||
| Q1 25 | $50.3M | $5.8M | ||
| Q4 24 | $60.2M | $273.9M | ||
| Q3 24 | $67.9M | $515.6M | ||
| Q2 24 | $39.6M | $-435.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-55.5M | ||
| Q3 25 | — | $271.0M | ||
| Q2 25 | $27.8M | $-234.6M | ||
| Q1 25 | $24.3M | $5.0M | ||
| Q4 24 | — | $266.8M | ||
| Q3 24 | $46.7M | $513.8M | ||
| Q2 24 | $11.4M | $-437.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | -16.8% | ||
| Q3 25 | — | 82.1% | ||
| Q2 25 | 5.3% | -77.4% | ||
| Q1 25 | 4.5% | 1.6% | ||
| Q4 24 | — | 88.6% | ||
| Q3 24 | 8.8% | 168.2% | ||
| Q2 24 | 2.1% | -147.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.1% | ||
| Q3 25 | — | 0.6% | ||
| Q2 25 | 4.5% | 0.0% | ||
| Q1 25 | 4.8% | 0.3% | ||
| Q4 24 | — | 2.4% | ||
| Q3 24 | 4.0% | 0.6% | ||
| Q2 24 | 5.2% | 0.7% |
| Q1 26 | — | — | ||
| Q4 25 | 8.53× | -0.93× | ||
| Q3 25 | 1.99× | 5.96× | ||
| Q2 25 | 2.28× | -6.50× | ||
| Q1 25 | 3.59× | 0.14× | ||
| Q4 24 | 4.77× | 7.71× | ||
| Q3 24 | 7.60× | 17.36× | ||
| Q2 24 | 1.94× | -21.41× |
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% |
HTH
| Noninterest Income | $188.4M | 63% |
| Net Interest Income | $112.1M | 37% |
