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Side-by-side financial comparison of DELUXE CORP (DLX) and RH (RH). Click either name above to swap in a different company.
RH is the larger business by last-quarter revenue ($883.8M vs $535.2M, roughly 1.7× DELUXE CORP). RH runs the higher net margin — 4.1% vs 2.2%, a 1.9% gap on every dollar of revenue. On growth, RH posted the faster year-over-year revenue change (8.9% vs 2.8%). Over the past eight quarters, RH's revenue compounded faster (9.4% 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 ...
RH is an upscale American home-furnishings company headquartered in Corte Madera, California. The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 3 baby-and-child galleries. The company also has 36 outlet stores in the United States and Canada.
DLX vs RH — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $535.2M | $883.8M |
| Net Profit | $12.0M | $36.3M |
| Gross Margin | 52.2% | 44.1% |
| Operating Margin | 8.9% | 12.0% |
| Net Margin | 2.2% | 4.1% |
| Revenue YoY | 2.8% | 8.9% |
| Net Profit YoY | -5.0% | 9.3% |
| EPS (diluted) | $0.25 | $1.83 |
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 | $883.8M | ||
| Q3 25 | $540.2M | $899.2M | ||
| Q2 25 | $521.3M | $814.0M | ||
| Q1 25 | $536.5M | $812.4M | ||
| Q4 24 | $520.6M | $811.7M | ||
| Q3 24 | $528.4M | $829.7M | ||
| Q2 24 | $537.8M | $727.0M | ||
| Q1 24 | $535.0M | $738.3M |
| Q4 25 | $12.0M | $36.3M | ||
| Q3 25 | $33.7M | $51.7M | ||
| Q2 25 | $22.4M | $8.0M | ||
| Q1 25 | $14.0M | $13.9M | ||
| Q4 24 | $12.6M | $33.2M | ||
| Q3 24 | $8.9M | $29.0M | ||
| Q2 24 | $20.5M | $-3.6M | ||
| Q1 24 | $10.8M | $11.4M |
| Q4 25 | 52.2% | 44.1% | ||
| Q3 25 | 53.9% | 45.5% | ||
| Q2 25 | 53.6% | 43.7% | ||
| Q1 25 | 52.4% | 44.7% | ||
| Q4 24 | 52.3% | 44.5% | ||
| Q3 24 | 53.3% | 45.2% | ||
| Q2 24 | 53.7% | 43.5% | ||
| Q1 24 | 53.0% | 43.5% |
| Q4 25 | 8.9% | 12.0% | ||
| Q3 25 | 14.0% | 14.3% | ||
| Q2 25 | 11.7% | 6.9% | ||
| Q1 25 | 9.0% | 8.7% | ||
| Q4 24 | 9.0% | 12.5% | ||
| Q3 24 | 7.9% | 11.6% | ||
| Q2 24 | 11.0% | 7.5% | ||
| Q1 24 | 8.3% | 8.7% |
| Q4 25 | 2.2% | 4.1% | ||
| Q3 25 | 6.2% | 5.8% | ||
| Q2 25 | 4.3% | 1.0% | ||
| Q1 25 | 2.6% | 1.7% | ||
| Q4 24 | 2.4% | 4.1% | ||
| Q3 24 | 1.7% | 3.5% | ||
| Q2 24 | 3.8% | -0.5% | ||
| Q1 24 | 2.0% | 1.5% |
| Q4 25 | $0.25 | $1.83 | ||
| Q3 25 | $0.74 | $2.62 | ||
| Q2 25 | $0.50 | $0.40 | ||
| Q1 25 | $0.31 | $0.71 | ||
| Q4 24 | $0.28 | $1.66 | ||
| Q3 24 | $0.20 | $1.45 | ||
| Q2 24 | $0.46 | $-0.20 | ||
| Q1 24 | $0.24 | $0.91 |
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 | $43.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $680.7M | $3.3M |
| Total Assets | $2.9B | $4.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.9M | $43.1M | ||
| Q3 25 | $25.8M | $34.6M | ||
| Q2 25 | $26.0M | $46.1M | ||
| Q1 25 | $30.3M | $30.4M | ||
| Q4 24 | $34.4M | $87.0M | ||
| Q3 24 | $41.3M | $78.3M | ||
| Q2 24 | $23.1M | $101.8M | ||
| Q1 24 | $23.5M | $123.7M |
| Q4 25 | $680.7M | $3.3M | ||
| Q3 25 | $664.1M | $-40.9M | ||
| Q2 25 | $638.7M | $-110.8M | ||
| Q1 25 | $622.5M | $-163.6M | ||
| Q4 24 | $620.9M | $-183.0M | ||
| Q3 24 | $612.7M | $-234.7M | ||
| Q2 24 | $620.5M | $-289.9M | ||
| Q1 24 | $608.4M | $-297.4M |
| Q4 25 | $2.9B | $4.8B | ||
| Q3 25 | $2.6B | $4.7B | ||
| Q2 25 | $2.5B | $4.7B | ||
| Q1 25 | $2.6B | $4.6B | ||
| Q4 24 | $2.8B | $4.5B | ||
| Q3 24 | $2.6B | $4.4B | ||
| Q2 24 | $2.7B | $4.2B | ||
| Q1 24 | $2.7B | $4.1B |
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 | $131.9M |
| Free Cash FlowOCF − Capex | — | $83.0M |
| FCF MarginFCF / Revenue | — | 9.4% |
| Capex IntensityCapex / Revenue | — | 5.5% |
| Cash ConversionOCF / Net Profit | 8.53× | 3.64× |
| TTM Free Cash FlowTrailing 4 quarters | — | $128.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $102.1M | $131.9M | ||
| Q3 25 | $67.1M | $137.7M | ||
| Q2 25 | $51.1M | $86.6M | ||
| Q1 25 | $50.3M | $-18.8M | ||
| Q4 24 | $60.2M | $-31.4M | ||
| Q3 24 | $67.9M | $11.2M | ||
| Q2 24 | $39.6M | $56.1M | ||
| Q1 24 | $26.6M | $-114.0M |
| Q4 25 | — | $83.0M | ||
| Q3 25 | — | $80.7M | ||
| Q2 25 | $27.8M | $34.1M | ||
| Q1 25 | $24.3M | $-69.7M | ||
| Q4 24 | — | $-96.0M | ||
| Q3 24 | $46.7M | $-37.9M | ||
| Q2 24 | $11.4M | $-10.1M | ||
| Q1 24 | $6.1M | $-251.5M |
| Q4 25 | — | 9.4% | ||
| Q3 25 | — | 9.0% | ||
| Q2 25 | 5.3% | 4.2% | ||
| Q1 25 | 4.5% | -8.6% | ||
| Q4 24 | — | -11.8% | ||
| Q3 24 | 8.8% | -4.6% | ||
| Q2 24 | 2.1% | -1.4% | ||
| Q1 24 | 1.1% | -34.1% |
| Q4 25 | — | 5.5% | ||
| Q3 25 | — | 6.3% | ||
| Q2 25 | 4.5% | 6.5% | ||
| Q1 25 | 4.8% | 6.3% | ||
| Q4 24 | — | 8.0% | ||
| Q3 24 | 4.0% | 5.9% | ||
| Q2 24 | 5.2% | 9.1% | ||
| Q1 24 | 3.8% | 18.6% |
| Q4 25 | 8.53× | 3.64× | ||
| Q3 25 | 1.99× | 2.66× | ||
| Q2 25 | 2.28× | 10.78× | ||
| Q1 25 | 3.59× | -1.35× | ||
| Q4 24 | 4.77× | -0.95× | ||
| Q3 24 | 7.60× | 0.39× | ||
| Q2 24 | 1.94× | — | ||
| Q1 24 | 2.46× | -10.01× |
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% |
RH
| RH Segment | $835.8M | 95% |
| Waterworks Segment | $48.0M | 5% |
| Gift Card And Merchandise Credit | $4.5M | 1% |
