Deluxe vs Quad/graphics
Deluxe and Quad/graphics are similar in size: $2.13bn and $2.42bn of revenue in their latest fiscal years. Deluxe grew faster (0.5% against -9.4%). Deluxe kept more of each dollar of sales as profit: a net margin of 3.8% against 1.1%.
| Latest fiscal year | DeluxeDLX, 2025 | Quad/graphicsQUAD, 2025 |
|---|---|---|
| Revenue | $2.13bn | $2.42bn |
| Revenue growth | 0.5% | -9.4% |
| Net income | $82.1m | $27.0m |
| Operating margin | 10.9% | — |
| Net margin | 3.8% | 1.1% |
| Return on equity | 12.6% | 30.3% |
| Free cash flow | $175m | $50.7m |
| Cash | $36.9m | $63.3m |
| Total debt | $1.44bn | $370m |
| Debt to equity | 212.2% | — |
| Dividend per share | $1.20 | $0.30 |
| Dividend yield | 5.3% | 4.9% |
| Share buybacks | — | $8.0m |
| Employees | 4,571 | — |
| Market value | $1.02bn | $373m |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 56 (Moderate) | 53 (Moderate) |
| Insider trades, 12 months | 1 buys, 0 sales | 0 buys, 0 sales |