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Side-by-side financial comparison of DELUXE CORP (DLX) and Interpublic Group of Companies (The) (IPG). Click either name above to swap in a different company.

Interpublic Group of Companies (The) is the larger business by last-quarter revenue ($2.1B vs $535.2M, roughly 4.0× DELUXE CORP). Interpublic Group of Companies (The) runs the higher net margin — 5.8% vs 2.2%, a 3.6% gap on every dollar of revenue. On growth, DELUXE CORP posted the faster year-over-year revenue change (2.8% vs -4.8%). Over the past eight quarters, DELUXE CORP's revenue compounded faster (0.0% CAGR vs -9.1%).

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 ...

The Interpublic Group of Companies, Inc. (IPG) was an American advertising company based in New York City. It consisted of the five major networks FCB, IPG Mediabrands, McCann Worldgroup, MullenLowe Group and Marketing Specialists, as well as several independent specialty agencies in the areas of public relations, sports marketing, talent representation and healthcare. Prior to the Omnicom acquisition, it was one of the "Big Four" agency companies, alongside WPP, Publicis, and Omnicom. The co...

DLX vs IPG — Head-to-Head

Bigger by revenue
IPG
IPG
4.0× larger
IPG
$2.1B
$535.2M
DLX
Growing faster (revenue YoY)
DLX
DLX
+7.6% gap
DLX
2.8%
-4.8%
IPG
Higher net margin
IPG
IPG
3.6% more per $
IPG
5.8%
2.2%
DLX
Faster 2-yr revenue CAGR
DLX
DLX
Annualised
DLX
0.0%
-9.1%
IPG

Income Statement — Q4 2025 vs Q3 2025

Metric
DLX
DLX
IPG
IPG
Revenue
$535.2M
$2.1B
Net Profit
$12.0M
$124.2M
Gross Margin
52.2%
Operating Margin
8.9%
10.3%
Net Margin
2.2%
5.8%
Revenue YoY
2.8%
-4.8%
Net Profit YoY
-5.0%
517.9%
EPS (diluted)
$0.25
$0.34

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
IPG
IPG
Q4 25
$535.2M
Q3 25
$540.2M
$2.1B
Q2 25
$521.3M
$2.2B
Q1 25
$536.5M
$2.0B
Q4 24
$520.6M
$2.4B
Q3 24
$528.4M
$2.2B
Q2 24
$537.8M
$2.3B
Q1 24
$535.0M
$2.2B
Net Profit
DLX
DLX
IPG
IPG
Q4 25
$12.0M
Q3 25
$33.7M
$124.2M
Q2 25
$22.4M
$162.5M
Q1 25
$14.0M
$-85.4M
Q4 24
$12.6M
$344.5M
Q3 24
$8.9M
$20.1M
Q2 24
$20.5M
$214.5M
Q1 24
$10.8M
$110.4M
Gross Margin
DLX
DLX
IPG
IPG
Q4 25
52.2%
Q3 25
53.9%
Q2 25
53.6%
Q1 25
52.4%
-3.2%
Q4 24
52.3%
10.1%
Q3 24
53.3%
2.9%
Q2 24
53.7%
1.2%
Q1 24
53.0%
-1.1%
Operating Margin
DLX
DLX
IPG
IPG
Q4 25
8.9%
Q3 25
14.0%
10.3%
Q2 25
11.7%
11.2%
Q1 25
9.0%
-2.1%
Q4 24
9.0%
23.3%
Q3 24
7.9%
5.9%
Q2 24
11.0%
13.7%
Q1 24
8.3%
8.4%
Net Margin
DLX
DLX
IPG
IPG
Q4 25
2.2%
Q3 25
6.2%
5.8%
Q2 25
4.3%
7.5%
Q1 25
2.6%
-4.3%
Q4 24
2.4%
14.1%
Q3 24
1.7%
0.9%
Q2 24
3.8%
9.2%
Q1 24
2.0%
5.1%
EPS (diluted)
DLX
DLX
IPG
IPG
Q4 25
$0.25
Q3 25
$0.74
$0.34
Q2 25
$0.50
$0.44
Q1 25
$0.31
$-0.23
Q4 24
$0.28
$0.92
Q3 24
$0.20
$0.05
Q2 24
$0.46
$0.57
Q1 24
$0.24
$0.29

Balance Sheet & Financial Strength

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

Metric
DLX
DLX
IPG
IPG
Cash + ST InvestmentsLiquidity on hand
$36.9M
$1.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$680.7M
$3.7B
Total Assets
$2.9B
$17.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLX
DLX
IPG
IPG
Q4 25
$36.9M
Q3 25
$25.8M
$1.5B
Q2 25
$26.0M
$1.6B
Q1 25
$30.3M
$1.9B
Q4 24
$34.4M
$2.2B
Q3 24
$41.3M
$1.5B
Q2 24
$23.1M
$1.5B
Q1 24
$23.5M
$1.9B
Stockholders' Equity
DLX
DLX
IPG
IPG
Q4 25
$680.7M
Q3 25
$664.1M
$3.7B
Q2 25
$638.7M
$3.7B
Q1 25
$622.5M
$3.6B
Q4 24
$620.9M
$3.8B
Q3 24
$612.7M
$3.7B
Q2 24
$620.5M
$3.8B
Q1 24
$608.4M
$3.8B
Total Assets
DLX
DLX
IPG
IPG
Q4 25
$2.9B
Q3 25
$2.6B
$17.0B
Q2 25
$2.5B
$17.0B
Q1 25
$2.6B
$17.1B
Q4 24
$2.8B
$18.3B
Q3 24
$2.6B
$17.1B
Q2 24
$2.7B
$17.0B
Q1 24
$2.7B
$17.3B

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
IPG
IPG
Operating Cash FlowLast quarter
$102.1M
$180.1M
Free Cash FlowOCF − Capex
$153.6M
FCF MarginFCF / Revenue
7.2%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
8.53×
1.45×
TTM Free Cash FlowTrailing 4 quarters
$806.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLX
DLX
IPG
IPG
Q4 25
$102.1M
Q3 25
$67.1M
$180.1M
Q2 25
$51.1M
$-96.0M
Q1 25
$50.3M
$-37.0M
Q4 24
$60.2M
$868.1M
Q3 24
$67.9M
$223.8M
Q2 24
$39.6M
$120.7M
Q1 24
$26.6M
$-157.4M
Free Cash Flow
DLX
DLX
IPG
IPG
Q4 25
Q3 25
$153.6M
Q2 25
$27.8M
$-121.8M
Q1 25
$24.3M
$-58.5M
Q4 24
$833.5M
Q3 24
$46.7M
$186.5M
Q2 24
$11.4M
$85.9M
Q1 24
$6.1M
$-192.5M
FCF Margin
DLX
DLX
IPG
IPG
Q4 25
Q3 25
7.2%
Q2 25
5.3%
-5.6%
Q1 25
4.5%
-2.9%
Q4 24
34.2%
Q3 24
8.8%
8.3%
Q2 24
2.1%
3.7%
Q1 24
1.1%
-8.8%
Capex Intensity
DLX
DLX
IPG
IPG
Q4 25
Q3 25
1.2%
Q2 25
4.5%
1.2%
Q1 25
4.8%
1.1%
Q4 24
1.4%
Q3 24
4.0%
1.7%
Q2 24
5.2%
1.5%
Q1 24
3.8%
1.6%
Cash Conversion
DLX
DLX
IPG
IPG
Q4 25
8.53×
Q3 25
1.99×
1.45×
Q2 25
2.28×
-0.59×
Q1 25
3.59×
Q4 24
4.77×
2.52×
Q3 24
7.60×
11.13×
Q2 24
1.94×
0.56×
Q1 24
2.46×
-1.43×

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%

IPG
IPG

MDE$619.0M29%
IAC$574.9M27%
Other$527.9M25%
SCE$413.8M19%

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