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Side-by-side financial comparison of DELUXE CORP (DLX) and TENNANT CO (TNC). Click either name above to swap in a different company.

DELUXE CORP is the larger business by last-quarter revenue ($535.2M vs $291.6M, roughly 1.8× TENNANT CO). DELUXE CORP runs the higher net margin — 2.2% vs -1.5%, a 3.7% gap on every dollar of revenue. On growth, DELUXE CORP posted the faster year-over-year revenue change (2.8% vs -11.3%). Over the past eight quarters, DELUXE CORP's revenue compounded faster (0.0% CAGR vs -3.2%).

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 Tennant Company (TNC:NYQ) is a company with about 4000 employees that provides cleaning products. It is a company that is listed in the New York Stock Exchange.

DLX vs TNC — Head-to-Head

Bigger by revenue
DLX
DLX
1.8× larger
DLX
$535.2M
$291.6M
TNC
Growing faster (revenue YoY)
DLX
DLX
+14.2% gap
DLX
2.8%
-11.3%
TNC
Higher net margin
DLX
DLX
3.7% more per $
DLX
2.2%
-1.5%
TNC
Faster 2-yr revenue CAGR
DLX
DLX
Annualised
DLX
0.0%
-3.2%
TNC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DLX
DLX
TNC
TNC
Revenue
$535.2M
$291.6M
Net Profit
$12.0M
$-4.4M
Gross Margin
52.2%
34.6%
Operating Margin
8.9%
-1.4%
Net Margin
2.2%
-1.5%
Revenue YoY
2.8%
-11.3%
Net Profit YoY
-5.0%
-166.7%
EPS (diluted)
$0.25
$-0.21

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
TNC
TNC
Q4 25
$535.2M
$291.6M
Q3 25
$540.2M
$303.3M
Q2 25
$521.3M
$318.6M
Q1 25
$536.5M
$290.0M
Q4 24
$520.6M
$328.9M
Q3 24
$528.4M
$315.8M
Q2 24
$537.8M
$331.0M
Q1 24
$535.0M
$311.0M
Net Profit
DLX
DLX
TNC
TNC
Q4 25
$12.0M
$-4.4M
Q3 25
$33.7M
$14.9M
Q2 25
$22.4M
$20.2M
Q1 25
$14.0M
$13.1M
Q4 24
$12.6M
$6.6M
Q3 24
$8.9M
$20.8M
Q2 24
$20.5M
$27.9M
Q1 24
$10.8M
$28.4M
Gross Margin
DLX
DLX
TNC
TNC
Q4 25
52.2%
34.6%
Q3 25
53.9%
42.7%
Q2 25
53.6%
42.1%
Q1 25
52.4%
41.4%
Q4 24
52.3%
41.3%
Q3 24
53.3%
42.4%
Q2 24
53.7%
43.1%
Q1 24
53.0%
44.2%
Operating Margin
DLX
DLX
TNC
TNC
Q4 25
8.9%
-1.4%
Q3 25
14.0%
7.4%
Q2 25
11.7%
9.6%
Q1 25
9.0%
6.8%
Q4 24
9.0%
2.3%
Q3 24
7.9%
9.7%
Q2 24
11.0%
11.7%
Q1 24
8.3%
12.1%
Net Margin
DLX
DLX
TNC
TNC
Q4 25
2.2%
-1.5%
Q3 25
6.2%
4.9%
Q2 25
4.3%
6.3%
Q1 25
2.6%
4.5%
Q4 24
2.4%
2.0%
Q3 24
1.7%
6.6%
Q2 24
3.8%
8.4%
Q1 24
2.0%
9.1%
EPS (diluted)
DLX
DLX
TNC
TNC
Q4 25
$0.25
$-0.21
Q3 25
$0.74
$0.80
Q2 25
$0.50
$1.08
Q1 25
$0.31
$0.69
Q4 24
$0.28
$0.35
Q3 24
$0.20
$1.09
Q2 24
$0.46
$1.45
Q1 24
$0.24
$1.49

Balance Sheet & Financial Strength

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

Metric
DLX
DLX
TNC
TNC
Cash + ST InvestmentsLiquidity on hand
$36.9M
Total DebtLower is stronger
$273.2M
Stockholders' EquityBook value
$680.7M
$601.6M
Total Assets
$2.9B
$1.3B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLX
DLX
TNC
TNC
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 24
$23.5M
Total Debt
DLX
DLX
TNC
TNC
Q4 25
$273.2M
Q3 25
$238.3M
Q2 25
$213.4M
Q1 25
$213.3M
Q4 24
$198.2M
Q3 24
$208.6M
Q2 24
$205.6M
Q1 24
$207.4M
Stockholders' Equity
DLX
DLX
TNC
TNC
Q4 25
$680.7M
$601.6M
Q3 25
$664.1M
$640.9M
Q2 25
$638.7M
$651.9M
Q1 25
$622.5M
$624.4M
Q4 24
$620.9M
$620.8M
Q3 24
$612.7M
$647.2M
Q2 24
$620.5M
$624.6M
Q1 24
$608.4M
$614.6M
Total Assets
DLX
DLX
TNC
TNC
Q4 25
$2.9B
$1.3B
Q3 25
$2.6B
$1.3B
Q2 25
$2.5B
$1.2B
Q1 25
$2.6B
$1.2B
Q4 24
$2.8B
$1.2B
Q3 24
$2.6B
$1.2B
Q2 24
$2.7B
$1.2B
Q1 24
$2.7B
$1.2B
Debt / Equity
DLX
DLX
TNC
TNC
Q4 25
0.45×
Q3 25
0.37×
Q2 25
0.33×
Q1 25
0.34×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.33×
Q1 24
0.34×

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
TNC
TNC
Operating Cash FlowLast quarter
$102.1M
$14.2M
Free Cash FlowOCF − Capex
$9.7M
FCF MarginFCF / Revenue
3.3%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
8.53×
TTM Free Cash FlowTrailing 4 quarters
$43.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLX
DLX
TNC
TNC
Q4 25
$102.1M
$14.2M
Q3 25
$67.1M
$28.7M
Q2 25
$51.1M
$22.5M
Q1 25
$50.3M
$-400.0K
Q4 24
$60.2M
$37.5M
Q3 24
$67.9M
$30.7M
Q2 24
$39.6M
$18.6M
Q1 24
$26.6M
$2.9M
Free Cash Flow
DLX
DLX
TNC
TNC
Q4 25
$9.7M
Q3 25
$22.3M
Q2 25
$27.8M
$18.7M
Q1 25
$24.3M
$-7.4M
Q4 24
$28.1M
Q3 24
$46.7M
$26.4M
Q2 24
$11.4M
$14.4M
Q1 24
$6.1M
$-100.0K
FCF Margin
DLX
DLX
TNC
TNC
Q4 25
3.3%
Q3 25
7.4%
Q2 25
5.3%
5.9%
Q1 25
4.5%
-2.6%
Q4 24
8.5%
Q3 24
8.8%
8.4%
Q2 24
2.1%
4.4%
Q1 24
1.1%
-0.0%
Capex Intensity
DLX
DLX
TNC
TNC
Q4 25
1.5%
Q3 25
2.1%
Q2 25
4.5%
1.2%
Q1 25
4.8%
2.4%
Q4 24
2.9%
Q3 24
4.0%
1.4%
Q2 24
5.2%
1.3%
Q1 24
3.8%
1.0%
Cash Conversion
DLX
DLX
TNC
TNC
Q4 25
8.53×
Q3 25
1.99×
1.93×
Q2 25
2.28×
1.11×
Q1 25
3.59×
-0.03×
Q4 24
4.77×
5.68×
Q3 24
7.60×
1.48×
Q2 24
1.94×
0.67×
Q1 24
2.46×
0.10×

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%

TNC
TNC

Equipment Sales$165.5M57%
Parts And Consumables$69.1M24%
Service And Other$57.0M20%

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