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Side-by-side financial comparison of DELUXE CORP (DLX) and OLYMPIC STEEL INC (ZEUS). Click either name above to swap in a different company.
DELUXE CORP is the larger business by last-quarter revenue ($535.2M vs $490.7M, roughly 1.1× OLYMPIC STEEL INC). DELUXE CORP runs the higher net margin — 2.2% vs 0.4%, a 1.8% gap on every dollar of revenue. On growth, OLYMPIC STEEL INC posted the faster year-over-year revenue change (4.4% vs 2.8%). Over the past eight quarters, OLYMPIC STEEL INC's revenue compounded faster (0.1% 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 ...
Olympic Steel, Inc. is a metals service center based in Cleveland, Ohio. The company processes and distributes carbon, coated and stainless flat-rolled sheet, coil and plate steel, aluminium alloy, tin plate, and metal-intensive branded products primarily in the United States. Metals processing and value added services include tempering, stretch leveling, cutting-to-length, slitting, edging, shearing, blanking, burning, forming, shot blasting, laser punching, plate rolling, fabricating, machi...
DLX vs ZEUS — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $535.2M | $490.7M |
| Net Profit | $12.0M | $2.2M |
| Gross Margin | 52.2% | — |
| Operating Margin | 8.9% | 1.5% |
| Net Margin | 2.2% | 0.4% |
| Revenue YoY | 2.8% | 4.4% |
| Net Profit YoY | -5.0% | -21.2% |
| EPS (diluted) | $0.25 | $0.18 |
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 | — | ||
| Q3 25 | $540.2M | $490.7M | ||
| Q2 25 | $521.3M | $496.5M | ||
| Q1 25 | $536.5M | $492.9M | ||
| Q4 24 | $520.6M | $418.8M | ||
| Q3 24 | $528.4M | $470.0M | ||
| Q2 24 | $537.8M | $526.3M | ||
| Q1 24 | $535.0M | $526.6M |
| Q4 25 | $12.0M | — | ||
| Q3 25 | $33.7M | $2.2M | ||
| Q2 25 | $22.4M | $5.2M | ||
| Q1 25 | $14.0M | $2.5M | ||
| Q4 24 | $12.6M | $3.9M | ||
| Q3 24 | $8.9M | $2.7M | ||
| Q2 24 | $20.5M | $7.7M | ||
| Q1 24 | $10.8M | $8.7M |
| 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% | — |
| Q4 25 | 8.9% | — | ||
| Q3 25 | 14.0% | 1.5% | ||
| Q2 25 | 11.7% | 2.3% | ||
| Q1 25 | 9.0% | 1.6% | ||
| Q4 24 | 9.0% | 2.1% | ||
| Q3 24 | 7.9% | 1.7% | ||
| Q2 24 | 11.0% | 2.9% | ||
| Q1 24 | 8.3% | 3.0% |
| Q4 25 | 2.2% | — | ||
| Q3 25 | 6.2% | 0.4% | ||
| Q2 25 | 4.3% | 1.1% | ||
| Q1 25 | 2.6% | 0.5% | ||
| Q4 24 | 2.4% | 0.9% | ||
| Q3 24 | 1.7% | 0.6% | ||
| Q2 24 | 3.8% | 1.5% | ||
| Q1 24 | 2.0% | 1.7% |
| Q4 25 | $0.25 | — | ||
| Q3 25 | $0.74 | $0.18 | ||
| Q2 25 | $0.50 | $0.45 | ||
| Q1 25 | $0.31 | $0.21 | ||
| Q4 24 | $0.28 | $0.33 | ||
| Q3 24 | $0.20 | $0.23 | ||
| Q2 24 | $0.46 | $0.66 | ||
| Q1 24 | $0.24 | $0.75 |
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 | $7.5M |
| Total DebtLower is stronger | — | $240.9M |
| Stockholders' EquityBook value | $680.7M | $579.1M |
| Total Assets | $2.9B | $1.1B |
| Debt / EquityLower = less leverage | — | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.9M | — | ||
| Q3 25 | $25.8M | $7.5M | ||
| Q2 25 | $26.0M | $14.8M | ||
| Q1 25 | $30.3M | $13.3M | ||
| Q4 24 | $34.4M | $11.9M | ||
| Q3 24 | $41.3M | $11.1M | ||
| Q2 24 | $23.1M | $9.4M | ||
| Q1 24 | $23.5M | $10.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | $240.9M | ||
| Q2 25 | — | $233.2M | ||
| Q1 25 | — | $235.4M | ||
| Q4 24 | — | $272.5M | ||
| Q3 24 | — | $197.3M | ||
| Q2 24 | — | $209.2M | ||
| Q1 24 | — | $196.8M |
| Q4 25 | $680.7M | — | ||
| Q3 25 | $664.1M | $579.1M | ||
| Q2 25 | $638.7M | $578.2M | ||
| Q1 25 | $622.5M | $574.2M | ||
| Q4 24 | $620.9M | $573.9M | ||
| Q3 24 | $612.7M | $570.6M | ||
| Q2 24 | $620.5M | $569.5M | ||
| Q1 24 | $608.4M | $563.0M |
| Q4 25 | $2.9B | — | ||
| Q3 25 | $2.6B | $1.1B | ||
| Q2 25 | $2.5B | $1.1B | ||
| Q1 25 | $2.6B | $1.1B | ||
| Q4 24 | $2.8B | $1.0B | ||
| Q3 24 | $2.6B | $1.0B | ||
| Q2 24 | $2.7B | $1.0B | ||
| Q1 24 | $2.7B | $1.0B |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.42× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.41× | ||
| Q4 24 | — | 0.47× | ||
| Q3 24 | — | 0.35× | ||
| Q2 24 | — | 0.37× | ||
| Q1 24 | — | 0.35× |
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 | $-5.4M |
| Free Cash FlowOCF − Capex | — | $-12.9M |
| FCF MarginFCF / Revenue | — | -2.6% |
| Capex IntensityCapex / Revenue | — | 1.5% |
| Cash ConversionOCF / Net Profit | 8.53× | -2.50× |
| TTM Free Cash FlowTrailing 4 quarters | — | $41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $102.1M | — | ||
| Q3 25 | $67.1M | $-5.4M | ||
| Q2 25 | $51.1M | $15.5M | ||
| Q1 25 | $50.3M | $49.4M | ||
| Q4 24 | $60.2M | $14.6M | ||
| Q3 24 | $67.9M | $24.6M | ||
| Q2 24 | $39.6M | $-2.9M | ||
| Q1 24 | $26.6M | $-2.6M |
| Q4 25 | — | — | ||
| Q3 25 | — | $-12.9M | ||
| Q2 25 | $27.8M | $6.8M | ||
| Q1 25 | $24.3M | $40.6M | ||
| Q4 24 | — | $7.4M | ||
| Q3 24 | $46.7M | $15.6M | ||
| Q2 24 | $11.4M | $-11.3M | ||
| Q1 24 | $6.1M | $-7.4M |
| Q4 25 | — | — | ||
| Q3 25 | — | -2.6% | ||
| Q2 25 | 5.3% | 1.4% | ||
| Q1 25 | 4.5% | 8.2% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | 8.8% | 3.3% | ||
| Q2 24 | 2.1% | -2.2% | ||
| Q1 24 | 1.1% | -1.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | 4.5% | 1.7% | ||
| Q1 25 | 4.8% | 1.8% | ||
| Q4 24 | — | 1.7% | ||
| Q3 24 | 4.0% | 1.9% | ||
| Q2 24 | 5.2% | 1.6% | ||
| Q1 24 | 3.8% | 0.9% |
| Q4 25 | 8.53× | — | ||
| Q3 25 | 1.99× | -2.50× | ||
| Q2 25 | 2.28× | 2.96× | ||
| Q1 25 | 3.59× | 19.70× | ||
| Q4 24 | 4.77× | 3.75× | ||
| Q3 24 | 7.60× | 9.01× | ||
| Q2 24 | 1.94× | -0.38× | ||
| Q1 24 | 2.46× | -0.30× |
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% |
ZEUS
| Carbon Flat Products | $268.2M | 55% |
| Specialty Metals Flat Products | $140.9M | 29% |
| Tubular And Pipe Products | $81.6M | 17% |
