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Side-by-side financial comparison of DELUXE CORP (DLX) and Bristow Group Inc. (VTOL). Click either name above to swap in a different company.

DELUXE CORP is the larger business by last-quarter revenue ($535.2M vs $377.3M, roughly 1.4× Bristow Group Inc.). Bristow Group Inc. runs the higher net margin — 4.9% vs 2.2%, a 2.6% gap on every dollar of revenue. On growth, Bristow Group Inc. posted the faster year-over-year revenue change (6.7% vs 2.8%). Over the past eight quarters, Bristow Group Inc.'s revenue compounded faster (5.8% 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 ...

Bristow Helicopters Limited is a British civil helicopter operator originally based at Aberdeen Airport, Scotland, which is currently a part of the U.S.-based Bristow Group which in turn has its corporate headquarters in Houston, Texas, U.S. In 2020, Bristow Group was merged with Era Helicopters, a large U.S.-based commercial helicopter operator that was previously a division of Era Aviation, with the two companies then continuing to use the Bristow name.

DLX vs VTOL — Head-to-Head

Bigger by revenue
DLX
DLX
1.4× larger
DLX
$535.2M
$377.3M
VTOL
Growing faster (revenue YoY)
VTOL
VTOL
+3.9% gap
VTOL
6.7%
2.8%
DLX
Higher net margin
VTOL
VTOL
2.6% more per $
VTOL
4.9%
2.2%
DLX
Faster 2-yr revenue CAGR
VTOL
VTOL
Annualised
VTOL
5.8%
0.0%
DLX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DLX
DLX
VTOL
VTOL
Revenue
$535.2M
$377.3M
Net Profit
$12.0M
$18.4M
Gross Margin
52.2%
Operating Margin
8.9%
8.5%
Net Margin
2.2%
4.9%
Revenue YoY
2.8%
6.7%
Net Profit YoY
-5.0%
-42.1%
EPS (diluted)
$0.25
$0.61

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
VTOL
VTOL
Q4 25
$535.2M
$377.3M
Q3 25
$540.2M
$386.3M
Q2 25
$521.3M
$376.4M
Q1 25
$536.5M
$350.5M
Q4 24
$520.6M
$353.5M
Q3 24
$528.4M
$365.1M
Q2 24
$537.8M
$359.7M
Q1 24
$535.0M
$337.1M
Net Profit
DLX
DLX
VTOL
VTOL
Q4 25
$12.0M
$18.4M
Q3 25
$33.7M
$51.5M
Q2 25
$22.4M
$31.7M
Q1 25
$14.0M
$27.4M
Q4 24
$12.6M
$31.8M
Q3 24
$8.9M
$28.2M
Q2 24
$20.5M
$28.2M
Q1 24
$10.8M
$6.6M
Gross Margin
DLX
DLX
VTOL
VTOL
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 24
53.0%
Operating Margin
DLX
DLX
VTOL
VTOL
Q4 25
8.9%
8.5%
Q3 25
14.0%
13.1%
Q2 25
11.7%
11.3%
Q1 25
9.0%
9.6%
Q4 24
9.0%
9.0%
Q3 24
7.9%
9.1%
Q2 24
11.0%
12.4%
Q1 24
8.3%
6.8%
Net Margin
DLX
DLX
VTOL
VTOL
Q4 25
2.2%
4.9%
Q3 25
6.2%
13.3%
Q2 25
4.3%
8.4%
Q1 25
2.6%
7.8%
Q4 24
2.4%
9.0%
Q3 24
1.7%
7.7%
Q2 24
3.8%
7.8%
Q1 24
2.0%
2.0%
EPS (diluted)
DLX
DLX
VTOL
VTOL
Q4 25
$0.25
$0.61
Q3 25
$0.74
$1.72
Q2 25
$0.50
$1.07
Q1 25
$0.31
$0.92
Q4 24
$0.28
$1.07
Q3 24
$0.20
$0.95
Q2 24
$0.46
$0.96
Q1 24
$0.24
$0.23

Balance Sheet & Financial Strength

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

Metric
DLX
DLX
VTOL
VTOL
Cash + ST InvestmentsLiquidity on hand
$36.9M
$286.2M
Total DebtLower is stronger
$671.5M
Stockholders' EquityBook value
$680.7M
$1.1B
Total Assets
$2.9B
$2.3B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLX
DLX
VTOL
VTOL
Q4 25
$36.9M
$286.2M
Q3 25
$25.8M
$245.5M
Q2 25
$26.0M
$251.8M
Q1 25
$30.3M
$191.1M
Q4 24
$34.4M
$247.5M
Q3 24
$41.3M
$200.3M
Q2 24
$23.1M
$178.6M
Q1 24
$23.5M
$140.6M
Total Debt
DLX
DLX
VTOL
VTOL
Q4 25
$671.5M
Q3 25
$675.0M
Q2 25
$705.2M
Q1 25
$701.9M
Q4 24
$689.8M
Q3 24
$629.1M
Q2 24
$594.2M
Q1 24
$544.1M
Stockholders' Equity
DLX
DLX
VTOL
VTOL
Q4 25
$680.7M
$1.1B
Q3 25
$664.1M
$1.0B
Q2 25
$638.7M
$984.4M
Q1 25
$622.5M
$931.7M
Q4 24
$620.9M
$891.7M
Q3 24
$612.7M
$899.2M
Q2 24
$620.5M
$849.1M
Q1 24
$608.4M
$820.7M
Total Assets
DLX
DLX
VTOL
VTOL
Q4 25
$2.9B
$2.3B
Q3 25
$2.6B
$2.3B
Q2 25
$2.5B
$2.3B
Q1 25
$2.6B
$2.2B
Q4 24
$2.8B
$2.1B
Q3 24
$2.6B
$2.1B
Q2 24
$2.7B
$2.0B
Q1 24
$2.7B
$1.9B
Debt / Equity
DLX
DLX
VTOL
VTOL
Q4 25
0.63×
Q3 25
0.65×
Q2 25
0.72×
Q1 25
0.75×
Q4 24
0.77×
Q3 24
0.70×
Q2 24
0.70×
Q1 24
0.66×

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
VTOL
VTOL
Operating Cash FlowLast quarter
$102.1M
$76.9M
Free Cash FlowOCF − Capex
$47.8M
FCF MarginFCF / Revenue
12.7%
Capex IntensityCapex / Revenue
7.7%
Cash ConversionOCF / Net Profit
8.53×
4.17×
TTM Free Cash FlowTrailing 4 quarters
$56.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLX
DLX
VTOL
VTOL
Q4 25
$102.1M
$76.9M
Q3 25
$67.1M
$23.1M
Q2 25
$51.1M
$99.0M
Q1 25
$50.3M
$-603.0K
Q4 24
$60.2M
$51.1M
Q3 24
$67.9M
$66.0M
Q2 24
$39.6M
$33.7M
Q1 24
$26.6M
$26.7M
Free Cash Flow
DLX
DLX
VTOL
VTOL
Q4 25
$47.8M
Q3 25
$-6.2M
Q2 25
$27.8M
$67.4M
Q1 25
$24.3M
$-52.7M
Q4 24
$-32.4M
Q3 24
$46.7M
$9.0M
Q2 24
$11.4M
$-16.7M
Q1 24
$6.1M
$-37.9M
FCF Margin
DLX
DLX
VTOL
VTOL
Q4 25
12.7%
Q3 25
-1.6%
Q2 25
5.3%
17.9%
Q1 25
4.5%
-15.0%
Q4 24
-9.2%
Q3 24
8.8%
2.5%
Q2 24
2.1%
-4.6%
Q1 24
1.1%
-11.2%
Capex Intensity
DLX
DLX
VTOL
VTOL
Q4 25
7.7%
Q3 25
7.6%
Q2 25
4.5%
8.4%
Q1 25
4.8%
14.9%
Q4 24
23.6%
Q3 24
4.0%
15.6%
Q2 24
5.2%
14.0%
Q1 24
3.8%
19.2%
Cash Conversion
DLX
DLX
VTOL
VTOL
Q4 25
8.53×
4.17×
Q3 25
1.99×
0.45×
Q2 25
2.28×
3.12×
Q1 25
3.59×
-0.02×
Q4 24
4.77×
1.61×
Q3 24
7.60×
2.34×
Q2 24
1.94×
1.20×
Q1 24
2.46×
4.04×

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%

VTOL
VTOL

Offshore Energy Services$247.5M66%
Government Services$100.1M27%
Other$21.9M6%
Related Party$7.8M2%

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