Deluxe Corporation (DLX)

Deluxe Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	82.1	52.8	26.1	65.4	62.63
Depreciation & Amortization	137.9	165.5	169.7	172.55	148.77
Other Amortization	47.9	51.7	49.1	45.71	37.76
Loss (Gain) From Sale of Assets	-	-31.2	-32.4	-19.33	-
Asset Writedown & Restructuring Costs	5.7	7.7	-	-	-
Stock-Based Compensation	24.9	19.9	20.5	23.68	29.48
Other Operating Activities	63.2	36.8	22.7	12.18	46.6
Change in Accounts Receivable	-19.9	3.5	7.4	-13.67	-8.86
Change in Inventory	2.7	2.5	6.3	-19.06	-1.84
Change in Accounts Payable	-3.9	10.5	4.9	6.02	22.79
Change in Other Net Operating Assets	-70	-125.4	-75.9	-81.93	-126.51
Operating Cash Flow	270.6	194.3	198.4	191.53	210.82
Operating Cash Flow Growth	39.27%	-2.07%	3.59%	-9.15%	-3.09%
Capital Expenditures	-95.3	-94.3	-100.7	-104.6	-109.14
Cash Acquisitions	-12.1	-	-	-	-958.51
Divestitures	2	23.3	53.6	25.25	2.65
Investment in Securities	-	-	8	4.08	0.09
Other Investing Activities	-26.3	1.2	-4.2	-5.05	-1.69
Investing Cash Flow	-131.7	-69.8	-43.3	-80.33	-1,067
Long-Term Debt Issued	441.3	1,808	583.5	640	1,885
Long-Term Debt Repaid	-518.8	-1,890	-638.7	-680.61	-1,030
Net Debt Issued (Repaid)	-77.5	-82.3	-55.2	-40.61	854.97
Issuance of Common Stock	-	-	-	-	16.84
Common Dividends Paid	-55.2	-54.2	-53.3	-52.65	-51.65
Other Financing Activities	-4.1	-130.7	70.8	44.66	92.8
Financing Cash Flow	-136.8	-267.2	-37.7	-48.6	912.96
Foreign Exchange Rate Adjustments	1.7	-6.1	3.2	-10.68	-1.1
Net Cash Flow	3.8	-148.8	120.6	51.92	56.08
Free Cash Flow	175.3	100	97.7	86.93	101.68
Free Cash Flow Growth	75.30%	2.35%	12.38%	-14.50%	-34.36%
Free Cash Flow Margin	8.22%	4.71%	4.46%	3.88%	5.03%
Free Cash Flow Per Share	3.85	2.24	2.23	2.01	2.37
Cash Interest Paid	111.6	117.8	115.6	87.11	46.62
Cash Income Tax Paid	30.9	46.4	-	38.63	18.76
Levered Free Cash Flow	188.45	170.52	221.18	184.81	224.8
Unlevered Free Cash Flow	264.7	247.58	299.68	243.84	259.52
Change in Working Capital	-91.1	-108.9	-57.3	-108.65	-114.42

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q