DLX
Deluxe Corporation
DLX's outlook is improving, though it still trails on the overall score.
NFLX
Netflix, Inc.
NFLX has the edge over DLX overall, supported by stronger modeled upside and stronger valuation.
DLX Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Weak |
DLX's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is weak.
NFLX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
NFLX's revenue, profitability, cash flow and balance sheet are all currently healthy.
DLX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 6.6x | $26.69 | — |
| Cheap | 12x | $20.65 | -23% |
| Current | 16x | $26.69 | — |
| Fair | 17x | $29.15 | +9.2% |
| Expensive | 28x | $48.18 | +81% |
Historical ranges are pointers, not guarantees.
DLX's PE is in its fair range at 16x. If earnings grow as analysts expect, today's price would be 6.6x next year's earnings, in its cheap range.
NFLX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 17x | $62.69 | — |
| Current | 18x | $62.69 | — |
| Cheap | 27x | $94.95 | +51% |
| Fair | 47x | $161 | +157% |
| Expensive | 81x | $281 | +348% |
Historical ranges are pointers, not guarantees.
NFLX has the edge over DLX in the historical PE scenario, which offers more potential upside but is not a forecast.
DLX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
DLX has the edge over NFLX on the outlook, with more favorable valuation expectations.
NFLX Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for NFLX, with profitability improving.
DLX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.05 | +137% |
| Q3 2026 | $1.71 | -6.6% |
| Q2 2026 | $2.17 | +68% |
| Q1 2026 | $2.26 | +81% |
| Q4 2025 | $1.80 | +53% |
| Q3 2025 | $1.83 | +48% |
| Q2 2025 | $1.29 | +50% |
| Q1 2025 | $1.25 | +62% |
| Q4 2024 | $1.18 | +100% |
DLX earned $1.71 per share over the past year, down 6.6% from the year before.
NFLX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.58 | +3.5% |
| Q3 2026 | $3.46 | +45% |
| Q2 2026 | $3.18 | +35% |
| Q1 2026 | $3.10 | +46% |
| Q4 2025 | $2.53 | +28% |
| Q3 2025 | $2.39 | +35% |
| Q2 2025 | $2.35 | +47% |
| Q1 2025 | $2.12 | +47% |
| Q4 2024 | $1.98 | +65% |
NFLX's earnings per share have climbed steadily: $3.46 over the past year, up 45% from the year before, and higher year over year for 12 quarters in a row.
DLX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $553.9M | +2.5% |
| Q2 2026 | $499.3M | -4.2% |
| Q1 2026 | $538.1M | +0.3% |
| Q4 2025 | $535.2M | +2.8% |
| Q3 2025 | $540.2M | +2.2% |
| Q2 2025 | $521.3M | -3.1% |
| Q1 2025 | $536.5M | +0.3% |
| Q4 2024 | $520.5M | -3.1% |
DLX's revenue grew through 2021 and has held roughly level since: $554M last quarter, up 2.5% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9.5% | -4.5 points |
| Q2 2026 | 11% | -0.5 points |
| Q1 2026 | 13% | +4.4 points |
| Q4 2025 | 8.9% | -0.1 points |
| Q3 2025 | 14% | +6.2 points |
| Q2 2025 | 12% | +0.6 points |
| Q1 2025 | 9% | +0.7 points |
| Q4 2024 | 9% | -0.4 points |
DLX's operating margin was 9.5% last quarter, down 4.5 points from the same quarter a year ago.
NFLX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $12.9B | +12% |
| Q2 2026 | $12.6B | +13% |
| Q1 2026 | $12.2B | +16% |
| Q4 2025 | $12.1B | +18% |
| Q3 2025 | $11.5B | +17% |
| Q2 2025 | $11.1B | +16% |
| Q1 2025 | $10.5B | +13% |
| Q4 2024 | $10.2B | +16% |
NFLX has the edge over DLX on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 35% | +6.4 points |
| Q2 2026 | 33% | -0.7 points |
| Q1 2026 | 32% | +0.5 points |
| Q4 2025 | 25% | +2.4 points |
| Q3 2025 | 28% | -1.4 points |
| Q2 2025 | 34% | +6.8 points |
| Q1 2025 | 32% | +3.7 points |
| Q4 2024 | 22% | +5.2 points |
NFLX has the edge over DLX on profitability, with a higher operating margin.
DLX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $49M | +12% |
| Q2 2026 | $58.6M | +111% |
| Q1 2026 | $27.3M | +12% |
| Q4 2025 | $79.3M | +32% |
| Q3 2025 | $43.9M | -6.2% |
| Q2 2025 | $27.8M | +143% |
| Q1 2025 | $24.3M | +295% |
| Q4 2024 | $60.2M | -28% |
DLX generated $214M in free cash flow over the past year, up 37% from the year before.
NFLX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.9B | +8.4% |
| Q2 2026 | $1.5B | -33% |
| Q1 2026 | $5.1B | +91% |
| Q4 2025 | $1.9B | +36% |
| Q3 2025 | $2.7B | +21% |
| Q2 2025 | $2.3B | +87% |
| Q1 2025 | $2.7B | +25% |
| Q4 2024 | $1.4B | -13% |
NFLX has the edge over DLX on cash flow, with stronger typical year-over-year growth.
DLX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +100K shares |
| 1 year | +2% | +904K shares |
| 3 years | +6.5% | +2.8M shares |
| 5 years | +8.1% | +3.5M shares |
| Available history | +8.1% | +3.5M shares |
DLX has 47M diluted shares, up 2% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | $14M |
NFLX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.6% | -66.2M shares |
| 1 year | -3.3% | -145M shares |
| 3 years | -6.8% | -305M shares |
| 5 years | -7.8% | -354M shares |
| Available history | -7.1% | -323M shares |
NFLX has the edge over DLX on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.8B |
| Q2 2026 | $4.7B |
| Q1 2026 | $1.3B |
| Q4 2025 | $2.1B |
| Q3 2025 | $1.9B |
| Q2 2025 | $1.7B |
| Q1 2025 | $3.5B |
| Q4 2024 | $963.7M |
NFLX spent $12.9B buying back its own shares over the past year, up 61% from the year before.
DLX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.0x | High |
| Q2 2026 | 3.4x | Elevated |
| Q1 2026 | 3.5x | Elevated |
| Q4 2025 | 3.8x | Elevated |
| Q3 2025 | 3.8x | Elevated |
| Q2 2025 | 4.2x | High |
| Q1 2025 | 4.1x | High |
| Q4 2024 | 4.1x | High |
DLX's net debt is about 5.0 years of its operating earnings (EBITDA), up from 3.8 years a year ago.
NFLX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.4x | Very low |
| Q2 2026 | 0.4x | Very low |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 0.4x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.7x | Very low |
| Q4 2024 | 0.7x | Very low |
NFLX has the edge over DLX on leverage, with a lower net debt burden relative to earnings.
DLX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.6 | Neutral |
| Stochastic | 53.1 | Neutral |
DLX's weekly RSI is 60 (neutral) and its Stochastic is 53 (neutral).
NFLX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.2 | Neutral |
| Stochastic | 6.0 | Oversold |
NFLX's weekly RSI is 33 (neutral) and its Stochastic is 6 (oversold).
DLX PE vs Communication Services Sector
| Metric | DLX | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 16x | 5.3% below |
| PE % | 45 | 26 | 19 pts above |
DLX has the edge over NFLX on valuation relative to its sector.
NFLX PE vs Communication Services Sector
| Metric | NFLX | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 16x | 9.8% above |
| PE % | 4 | 26 | 22 pts below |
NFLX is trading at 18x earnings, in line with the Communication Services sector's median of 16x.
DLX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $24.1 | 11% above |
| 20 week MA | $24.3 | 9.7% above |
| 50 week MA | $25.0 | 6.6% above |
| 100 week MA | $21.5 | 24% above |
| 200 week MA | $20.5 | 30% above |
DLX has the edge over NFLX on trend strength, trading above more of its moving averages.
NFLX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $66.6 | 5.9% below |
| 20 week MA | $71.8 | 13% below |
| 50 week MA | $82.4 | 24% below |
| 100 week MA | $96.0 | 35% below |
| 200 week MA | $74.4 | 16% below |
NFLX is in a downtrend: it's below all five of its weekly moving averages, and 16% below its 200-week average.
DLX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $50.1 | $26.1 | -48% |
| 2021 | $26.1 | $31.6 | +21% |
| 2022 | $31.6 | $17.0 | -46% |
| 2023 | $17.0 | $21.5 | +26% |
| 2024 | $21.5 | $22.4 | +4.6% |
| 2025 | $22.4 | $22.7 | +1.1% |
| 2026 YTD | $22.7 | $26.7 | +18% |
DLX has the edge over NFLX on returns for 2026, with the stronger performance.
NFLX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $32.9 | $51.4 | +56% |
| 2021 | $51.4 | $61.4 | +19% |
| 2022 | $61.4 | $29.5 | -52% |
| 2023 | $29.5 | $48.7 | +65% |
| 2024 | $48.7 | $90.8 | +86% |
| 2025 | $90.8 | $94.5 | +4.1% |
| 2026 YTD | $94.5 | $62.7 | -34% |
NFLX is down 34% so far in 2026, after finishing higher in five of the previous six years.