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Clearfield, Inc.(CLFD)Earnings, Financials & Key Ratios
CLFD•NASDAQ
$29.81
$413M mkt cap·Price updated May 6, 2026
AboutClearfield, Inc. manufactures, markets, and sells standard and custom passive connectivity products to the fiber-to-the-premises, enterprises, and original equipment manufacturers markets in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures. It also provides WaveSmart, which are optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and outdoor cabinet and fiber active cabinet products. The company offers StreetSmart, a portfolio of fiber management products; FieldShield, a fiber pathway and protection method for reducing the cost of broadband deployment; and YOURx platform that consists of hardened terminals, test access points, and various drop cable options for portions of the access network across various fiber drop cable media. It also provides CraftSmart, a line of optical protection field enclosures, including CraftSmart Fiber Protection Pedestals and CraftSmart Fiber Protection Vaults integrated solutions optimized to house FieldSmart products at the last mile access point of the network in above-grade or below-grade installations. The company offers fiber and copper assemblies with an industry-standard or customer-specified configuration; and designs and manufactures custom solutions for in-the-box and network connectivity assemblies specific to that customer's product line. It provides its fiber to anywhere platform for various incumbent local exchange carriers, competitive local exchange carriers, wireless operators, and multiple systems operators and cable TV companies, as well as the utility/municipality, enterprise, and data center markets. The company was formerly known as APA Enterprises, Inc. and changed its name to Clearfield, Inc. in January 2008. Clearfield, Inc. was founded in 1979 and is headquartered in Minneapolis, Minnesota.Show more
- Revenue$150M-9.9%
- EBITDA$8M+152.1%
- Net Income-$8M+35.4%
- EPS (Diluted)-0.58+31.8%
- Gross Margin33.66%+94.2%
- EBITDA Margin5.49%+157.9%
- Operating Margin1.41%+110.1%
- Net Margin-5.36%+28.2%
- ROE-3.03%+28.2%
- ROIC0.61%+110.0%
- Debt/Equity0.03-30.3%
CLFD Key Insights
Clearfield, Inc. (CLFD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓FCF machine: 16.5% free cash flow margin
- ✓Strong 5Y sales CAGR of 10.0%
- ✓Share count reduced 4.1% through buybacks
✗Weaknesses
- ✗Weak 3Y average ROE of 2.3%
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
CLFD Price & Volume
Clearfield, Inc. (CLFD) stock price & volume — 10-year historical chart
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CLFD Growth Metrics
Clearfield, Inc. (CLFD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years9.55%
5 Years10.03%
3 Years-17.86%
TTM-11.28%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM25.65%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM23.18%
Return on Capital
10 Years13.17%
5 Years15.93%
3 Years2.68%
Last Year0.76%
CLFD Recent Earnings
Clearfield, Inc. (CLFD) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 7/12 qtrs (58%)
Q1 2026Latest
Feb 4, 2026EPS
$0.02
Est $0.04
+50.0%
Revenue
$34M
Est $32M
+8.3%
Q4 2025
Nov 25, 2025EPS
$0.13
Est $0.09
+44.4%
Revenue
$18M
Est $40M
-55.9%
Q3 2025
Aug 6, 2025EPS
$0.11
Est $0.05
+120.0%
Revenue
$50M
Est $51M
-1.8%
Q2 2025
May 8, 2025EPS
$0.09
Est $0.19
+147.4%
Revenue
$47M
Est $48M
-1.5%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 4, 2026 | $0.02vs $0.04+50.0% | $34Mvs $32M+8.3% |
| Q4 2025 | Nov 25, 2025 | $0.13vs $0.09+44.4% | $18Mvs $40M-55.9% |
| Q3 2025 | Aug 6, 2025 | $0.11vs $0.05+120.0% | $50Mvs $51M-1.8% |
| Q2 2025 | May 8, 2025 | $0.09vs $0.19+147.4% | $47Mvs $48M-1.5% |
Based on last 12 quarters of dataView full earnings history →
CLFD Peer Comparison
Clearfield, Inc. (CLFD) competitors in Optical Transport and Fiber Access — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CCOI | 904.85M | 18.06 | -4.75 | -5.82% | -17.88% | -229.15% | ||
 ADTN | 1.23B | 15.30 | -26.84 | 17.46% | -2.64% | -5.53% | 7.94% | 0.47 |
 CALX | 2.96B | 45.82 | 176.23 | 20.26% | 3.2% | 4.25% | 3.9% | 0.03 |
 COMM | 3.95B | 17.82 | -10.01 | -7.87% | 1.16% | 6.28% | ||
 VIAV | 12.49B | 53.97 | 359.80 | 8.39% | -4.03% | -6.92% | 0.5% | 0.89 |
 CIEN | 77.06B | 544.75 | 640.88 | 18.79% | 4.47% | 8.26% | 0.86% | 0.58 |
 LITE | 71.01B | 994.56 | 2688 | 21.03% | 11.95% | 27.64% | 2.30 | |
 AAOI | 14.25B | 180.57 | -282.14 | 82.75% | -8.39% | -7.54% | 0.23 |
Compare CLFD vs Peers
Clearfield, Inc. (CLFD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CLFD Income Statement
Clearfield, Inc. (CLFD) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Sep'17 | Sep'18 | Sep'19 | Sep'20 | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 73.95M | 77.65M | 85.03M | 93.07M | 140.76M | 270.88M | 268.72M | 166.71M | 150.13M | 149M |
| Revenue Growth % | -1.78% | 5.01% | 9.51% | 9.46% | 51.23% | 92.45% | -0.8% | -37.96% | -9.94% | -11.28% |
| Cost of Goods Sold | 43.68M | 46.65M | 52.35M | 55.16M | 79.58M | 157.94M | 183.44M | 137.82M | 99.6M | 95.25M |
| COGS % of Revenue | 59.07% | 60.08% | 61.56% | 59.26% | 56.54% | 58.3% | 68.26% | 82.67% | 66.34% | - |
| Gross Profit | 30.26M▲ 0% | 31M▲ 2.4% | 32.69M▲ 5.5% | 37.91M▲ 16.0% | 61.18M▲ 61.4% | 112.95M▲ 84.6% | 85.28M▼ 24.5% | 28.89M▼ 66.1% | 50.54M▲ 74.9% | 53.74M▲ 0% |
| Gross Margin % | 40.93% | 39.92% | 38.44% | 40.74% | 43.46% | 41.7% | 31.74% | 17.33% | 33.66% | 36.07% |
| Gross Profit Growth % | -7.93% | 2.42% | 5.46% | 15.98% | 61.36% | 84.62% | -24.5% | -66.12% | 74.94% | - |
| Operating Expenses | 24.95M | 25.93M | 27.5M | 29.53M | 35.94M | 49.13M | 47.99M | 52.11M | 48.42M | 49.48M |
| OpEx % of Revenue | 33.74% | 33.39% | 32.34% | 31.73% | 25.54% | 18.14% | 17.86% | 31.26% | 32.25% | - |
| Selling, General & Admin | 24.95M | 25.93M | 27.5M | 29.53M | 35.94M | 47.53M | 47.99M | 52.11M | 48.42M | 39.83B |
| SG&A % of Revenue | 33.74% | 33.39% | 32.34% | 31.73% | 25.54% | 17.55% | 17.86% | 31.26% | 32.25% | - |
| Research & Development | 865.57K | 787.36K | 1.09M | 1.27M | 1.24M | 895K | 3.12M | 3M | 2.42M | 0 |
| R&D % of Revenue | 1.17% | 1.01% | 1.28% | 1.36% | 0.88% | 0.33% | 1.16% | 1.8% | 1.61% | - |
| Other Operating Expenses | -865.57K | -787.36K | -1.09M | -1.27M | -1.24M | 705K | -3.12M | -3M | -2.42M | -1000K |
| Operating Income | 5.31M▲ 0% | 5.07M▼ 4.5% | 5.19M▲ 2.3% | 8.38M▲ 61.6% | 25.23M▲ 201.0% | 63.82M▲ 152.9% | 37.29M▼ 41.6% | -23.22M▼ 162.3% | 2.12M▲ 109.1% | 4.27M▲ 0% |
| Operating Margin % | 7.18% | 6.53% | 6.1% | 9.01% | 17.93% | 23.56% | 13.88% | -13.93% | 1.41% | 2.86% |
| Operating Income Growth % | -50.5% | -4.54% | 2.31% | 61.6% | 200.98% | 152.9% | -41.57% | -162.28% | 109.12% | - |
| EBITDA | 6.93M | 7.12M | 7.37M | 10.81M | 27.54M | 67.23M | 43.34M | -15.81M | 8.24M | 8.55M |
| EBITDA Margin % | 9.38% | 9.17% | 8.66% | 11.61% | 19.56% | 24.82% | 16.13% | -9.48% | 5.49% | 5.74% |
| EBITDA Growth % | -43.08% | 2.66% | 3.48% | 46.69% | 154.83% | 144.15% | -35.53% | -136.48% | 152.11% | 174.47% |
| D&A (Non-Cash Add-back) | 1.62M | 2.05M | 2.18M | 2.42M | 2.3M | 3.41M | 6.05M | 7.41M | 6.12M | 4.28M |
| EBIT | 5.31M | 5.07M | 5.93M | 9.15M | 25.73M | 64.14M | 37.29M | -15.75M | 8.67M | 11.17M |
| Net Interest Income | 273.93K | 457.1K | 738.46K | 770.95K | 500.12K | -311K | -881K | 6.97M | 6.55M | 4.63M |
| Interest Income | 273.93K | 457.1K | 738.46K | 770.95K | 500.12K | 0 | 0 | 7.47M | 6.55M | 3.18M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 311K | 881K | 506K | 0 | 175K |
| Other Income/Expense | 273.93K | 457.1K | 738.46K | 770.95K | 500.12K | 17K | 4.33M | 6.97M | 6.55M | 4.91M |
| Pretax Income | 5.59M▲ 0% | 5.53M▼ 1.0% | 5.93M▲ 7.2% | 9.15M▲ 54.5% | 25.73M▲ 181.1% | 63.83M▲ 148.1% | 41.61M▼ 34.8% | -16.26M▼ 139.1% | 8.67M▲ 153.3% | 10.72M▲ 0% |
| Pretax Margin % | 7.55% | 7.12% | 6.97% | 9.84% | 18.28% | 23.57% | 15.49% | -9.75% | 5.77% | 7.19% |
| Income Tax | 1.74M | 1.25M | 1.36M | 1.86M | 5.41M | 14.47M | 9.08M | -3.8M | 2.36M | 2.78M |
| Effective Tax Rate % | 31.11% | 22.67% | 22.95% | 20.34% | 21.01% | 22.67% | 21.82% | 23.39% | 27.2% | 25.95% |
| Net Income | 3.85M▲ 0% | 4.27M▲ 11.1% | 4.57M▲ 6.8% | 7.29M▲ 59.7% | 20.33M▲ 178.7% | 49.36M▲ 142.8% | 32.53M▼ 34.1% | -12.45M▼ 138.3% | -8.05M▲ 35.4% | -6.76M▲ 0% |
| Net Margin % | 5.2% | 5.5% | 5.37% | 7.84% | 14.44% | 18.22% | 12.11% | -7.47% | -5.36% | -4.54% |
| Net Income Growth % | -51.98% | 11.09% | 6.82% | 59.72% | 178.72% | 142.84% | -34.09% | -138.28% | 35.36% | 25.65% |
| Net Income (Continuing) | 3.85M | 4.27M | 4.57M | 7.29M | 20.33M | 49.36M | 32.53M | -12.45M | 6.31M | 7.94M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -14.36M | -1000K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.28▲ 0% | 0.32▲ 14.3% | 0.34▲ 6.3% | 0.53▲ 55.9% | 1.47▲ 177.4% | 3.55▲ 141.5% | 2.17▼ 38.9% | -0.85▼ 139.2% | -0.58▲ 31.8% | -0.49▲ 0% |
| EPS Growth % | -52.54% | 14.29% | 6.25% | 55.88% | 177.36% | 141.5% | -38.87% | -139.17% | 31.76% | 23.18% |
| EPS (Basic) | 0.28 | 0.32 | 0.34 | 0.53 | 1.48 | 3.58 | 2.17 | -0.85 | -0.58 | - |
| Diluted Shares Outstanding | 13.66M | 13.45M | 13.45M | 13.64M | 13.78M | 13.91M | 15.01M | 14.58M | 13.99M | 13.87M |
| Basic Shares Outstanding | 13.53M | 13.43M | 13.44M | 13.64M | 13.72M | 13.77M | 14.98M | 14.58M | 13.99M | 13.87M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
CLFD Balance Sheet
Clearfield, Inc. (CLFD) balance sheet — assets, liabilities & shareholders' equity
| Line item | Sep'17 | Sep'18 | Sep'19 | Sep'20 | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 41.14M | 41.09M | 42.51M | 52.52M | 71.51M | 160.12M | 296.25M | 229.59M | 198.49M | 165.74M |
| Cash & Short-Term Investments | 24.47M | 17.48M | 23.61M | 27.03M | 23.59M | 22.45M | 168.11M | 128.97M | 105.98M | 96.44M |
| Cash Only | 18.54M | 8.55M | 10.08M | 16.45M | 13.22M | 16.65M | 37.83M | 14.15M | 21.49M | 13.88M |
| Short-Term Investments | 5.94M | 8.93M | 13.52M | 10.58M | 10.37M | 5.8M | 130.29M | 114.83M | 84.48M | 82.56M |
| Accounts Receivable | 7.24M | 12.82M | 9.12M | 10.5M | 19.44M | 53.7M | 28.39M | 13.84M | 17.99M | 14.97M |
| Days Sales Outstanding | 35.72 | 60.27 | 39.14 | 41.16 | 50.41 | 72.36 | 38.56 | 30.31 | 43.74 | 51.3 |
| Inventory | 8.45M | 10.05M | 9.01M | 14.41M | 27.52M | 82.21M | 98.06M | 56.1M | 42.03M | 40.2M |
| Days Inventory Outstanding | 70.63 | 78.63 | 62.85 | 95.34 | 126.25 | 189.99 | 195.1 | 148.57 | 154.03 | 183.99 |
| Other Current Assets | 978.93K | 742.14K | 769.16K | 585.44K | 953.95K | 1.76M | 1.7M | 30.68M | 32.49M | 14.13M |
| Total Non-Current Assets | 28.35M | 33.14M | 39.38M | 42.77M | 54.4M | 69M | 59.26M | 85.68M | 107.69M | 102.31M |
| Property, Plant & Equipment | 5.43M | 4.74M | 5.41M | 7.65M | 7.3M | 31.48M | 35.39M | 26.83M | 18.1M | 17.24M |
| Fixed Asset Turnover | 13.61x | 16.37x | 15.71x | 12.17x | 19.27x | 8.60x | 7.59x | 6.21x | 8.29x | 5.13x |
| Goodwill | 2.57M | 4.71M | 4.71M | 4.71M | 4.71M | 6.4M | 6.53M | 4.71M | 4.71M | 4.71M |
| Intangible Assets | 284.79K | 5.48M | 5.15M | 4.83M | 4.7M | 6.38M | 6.09M | 4.67M | 9.35M | 8.93M |
| Long-Term Investments | 19.82M | 17.97M | 23.9M | 25.14M | 36.91M | 22.75M | 6.34M | 24.5M | 59.82M | 201.64M |
| Other Non-Current Assets | 529.95K | 227.46K | 210.91K | 266.86K | 418.98K | 581K | 1.87M | 18.83M | 5.44M | 7.62M |
| Total Assets | 69.49M▲ 0% | 74.23M▲ 6.8% | 81.89M▲ 10.3% | 95.3M▲ 16.4% | 125.91M▲ 32.1% | 229.13M▲ 82.0% | 355.52M▲ 55.2% | 315.27M▼ 11.3% | 306.17M▼ 2.9% | 268.05M▲ 0% |
| Asset Turnover | 1.06x | 1.05x | 1.04x | 0.98x | 1.12x | 1.18x | 0.76x | 0.53x | 0.49x | 0.50x |
| Asset Growth % | -1.56% | 6.81% | 10.32% | 16.37% | 32.12% | 81.98% | 55.16% | -11.32% | -2.89% | -16.99% |
| Total Current Liabilities | 4.24M | 4.98M | 6.61M | 10.41M | 20.47M | 51.69M | 29M | 24.35M | 36.6M | 13.21M |
| Accounts Payable | 1.74M | 2.36M | 3.17M | 3.69M | 9.21M | 24.12M | 8.89M | 2.78M | 7.03M | 3.85M |
| Days Payables Outstanding | 14.54 | 18.49 | 22.13 | 24.41 | 42.27 | 55.74 | 17.69 | 7.37 | 25.76 | 27.06 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 4.39M | 2.11M | 0 | 2.82M | 2.89M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 2.41M | 2.05M | 3.22M | 4.86M | 8.73M | 13.62M | 11.86M | 16.77M | 21.73M | 6.47M |
| Current Ratio | 9.70x | 8.25x | 6.43x | 5.04x | 3.49x | 3.10x | 10.21x | 9.43x | 5.42x | 5.42x |
| Quick Ratio | 7.70x | 6.23x | 5.07x | 3.66x | 2.15x | 1.51x | 6.83x | 7.12x | 4.27x | 4.27x |
| Cash Conversion Cycle | 91.82 | 120.4 | 79.86 | 112.09 | 134.39 | 206.61 | 215.98 | 171.51 | 172.02 | 208.23 |
| Total Non-Current Liabilities | 725.8K | 372.98K | 348.11K | 2.13M | 1.61M | 29.85M | 11.35M | 15.16M | 13.41M | 5.19M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 18.67M | 0 | 2.23M | 0 | 5.19M |
| Capital Lease Obligations | 0 | 0 | 0 | 2.13M | 1.61M | 10.41M | 10.63M | 8.76M | 5.93M | 34.74M |
| Deferred Tax Liabilities | 444.08K | 104.94K | 101.69K | 0 | 0 | 774K | 721K | 161K | 0 | 0 |
| Other Non-Current Liabilities | 281.72K | 268.04K | 246.42K | 0 | 0 | 0 | 0 | 4.01M | 7.47M | 7.47M |
| Total Liabilities | 4.97M | 5.35M | 6.96M | 12.54M | 22.09M | 81.55M | 40.35M | 39.51M | 50.01M | 18.4M |
| Total Debt | 0 | 0 | 0 | 2.79M | 2.53M | 36.85M | 16.48M | 13.52M | 8.76M | 8.08M |
| Net Debt | -18.54M | -8.55M | -10.08M | -13.65M | -10.69M | 20.2M | -21.35M | -631K | -12.74M | -5.8M |
| Debt / Equity | - | - | - | 0.03x | 0.02x | 0.25x | 0.05x | 0.05x | 0.03x | 0.03x |
| Debt / EBITDA | - | - | - | 0.26x | 0.09x | 0.55x | 0.38x | - | 1.06x | 0.94x |
| Net Debt / EBITDA | -2.67x | -1.20x | -1.37x | -1.26x | -0.39x | 0.30x | -0.49x | - | -1.55x | -1.55x |
| Interest Coverage | - | - | - | - | - | 205.20x | 42.32x | -45.89x | - | 63.85x |
| Total Equity | 64.53M▲ 0% | 68.87M▲ 6.7% | 74.93M▲ 8.8% | 82.75M▲ 10.4% | 103.82M▲ 25.5% | 147.58M▲ 42.1% | 315.16M▲ 113.6% | 275.76M▼ 12.5% | 256.16M▼ 7.1% | 249.65M▲ 0% |
| Equity Growth % | 3.09% | 6.74% | 8.8% | 10.44% | 25.46% | 42.15% | 113.55% | -12.5% | -7.11% | -22.2% |
| Book Value per Share | 4.72 | 5.12 | 5.57 | 6.07 | 7.53 | 10.61 | 20.99 | 18.91 | 18.31 | 18.00 |
| Total Shareholders' Equity | 64.53M | 68.87M | 74.93M | 82.75M | 103.82M | 147.58M | 315.16M | 275.76M | 256.16M | 249.65M |
| Common Stock | 138.13K | 136.47K | 136.42K | 136.5K | 137.32K | 138K | 153K | 142K | 138K | 138K |
| Retained Earnings | 8.98M | 13.25M | 17.82M | 25.11M | 45.44M | 94.8M | 127.34M | 114.96M | 106.91M | 106.3M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -6.13M | -6.91M | 0 | 0 | 0 | -1.9M | -544K | 1.08M | 1.73M | 163K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
CLFD Cash Flow Statement
Clearfield, Inc. (CLFD) cash flow — operating, investing & free cash flow history
| Line item | Sep'17 | Sep'18 | Sep'19 | Sep'20 | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 6.3M | 4.55M | 14.73M | 6.66M | 10.9M | 1M | 20.01M | 22.22M | 29.45M | 29.45M |
| Operating CF Margin % | 8.52% | 5.86% | 17.33% | 7.15% | 7.75% | 0.37% | 7.45% | 13.33% | 19.62% | - |
| Operating CF Growth % | -45.48% | -27.79% | 223.97% | -54.82% | 63.81% | -90.82% | 1899% | 11.06% | 32.52% | 161.36% |
| Net Income | 3.85M | 4.27M | 4.57M | 7.29M | 20.33M | 49.36M | 32.53M | -12.45M | -8.05M | -6.76M |
| Depreciation & Amortization | 1.62M | 2.05M | 2.18M | 2.42M | 2.3M | 3.41M | 6.05M | 7.41M | 4.34M | 4.58M |
| Stock-Based Compensation | 2.32M | 2M | 1.73M | 774K | 1.28M | 2.34M | 3.58M | 4.64M | 4.6M | 3.88M |
| Deferred Taxes | 32.3K | -339.14K | -3.25K | -279.81K | -187.35K | -326K | -2.11M | -4.08M | -4.24M | -4.23M |
| Other Non-Cash Items | 678.88K | -17.69K | 138.35K | -58.54K | 202.29K | -29K | -3.51M | -4.41M | 16.97M | 594K |
| Working Capital Changes | -2.2M | -3.42M | 6.12M | -3.49M | -13.02M | -53.76M | -16.53M | 31.11M | 15.83M | 8.44M |
| Change in Receivables | 761.57K | -5.58M | 3.49M | -1.38M | -9.15M | -24.23M | 26.28M | 7.8M | -3.55M | -7.4M |
| Change in Inventory | -80.41K | 1.18M | 1.04M | -5.4M | -13.12M | -43.74M | -15.08M | 31.99M | 13.64M | 8.6M |
| Change in Payables | -3.06M | 723.99K | 1.6M | 3.15M | 9.78M | 14.5B | -26.26B | 544K | 5.56M | 5.39M |
| Cash from Investing | -11.54M | -12.61M | -12.96M | -41.13K | -13.6M | -8.2M | -112.25M | -6.9M | -8.84M | -22.53M |
| Capital Expenditures | -2.02M | -1.19M | -2.51M | -1.81M | -2.05M | -9.15M | -8.38M | -9.57M | -4.74M | -3.66M |
| CapEx % of Revenue | 2.73% | 1.53% | 2.95% | 1.94% | 1.45% | 3.38% | 3.12% | 5.74% | 3.16% | - |
| Acquisitions | 69.94K | -10.35M | 10.45M | -1.76M | 11.55M | -16.19M | 103.86M | 0 | 0 | 903K |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -64.84K | 83.05K | -10.45M | 1.76M | -11.55M | 0 | -103.86M | 0 | -893K | -2.81M |
| Cash from Financing | -4.24M | -1.93M | -236.67K | -246.73K | -536K | 10.65M | 113.42M | -36.91M | -14.24M | -13.95M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 16.7M | -16.7M | -3.62M | 0 | 2.39M |
| Equity Issued (Net) | -1000K | -1000K | 316.5K | -70.31K | -78K | 544K | 1000K | -1000K | -1000K | -1.99M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -3.65M | -1.76M | 0 | -428.65K | -462K | -1.41M | -609K | -33.87M | -16.65M | -11.14M |
| Other Financing | -952.83K | -489.43K | -553.16K | -176.42K | -458K | -6.59M | 463K | -8K | 1.82M | -6.25M |
| Net Change in Cash | -9.48M▲ 0% | -9.99M▼ 5.4% | 1.53M▲ 115.4% | 6.37M▲ 315.1% | -3.23M▼ 150.8% | 3.43M▲ 206.2% | 21.18M▲ 516.7% | -21.66M▼ 202.3% | 7.34M▲ 133.9% | -16.57M▲ 0% |
| Free Cash Flow | 4.28M▲ 0% | 3.36M▼ 21.5% | 12.22M▲ 264.0% | 4.85M▼ 60.3% | 8.86M▲ 82.6% | -8.15M▼ 192.0% | 11.63M▲ 242.7% | 12.66M▲ 8.9% | 24.71M▲ 95.2% | 17.2M▲ 0% |
| FCF Margin % | 5.78% | 4.32% | 14.37% | 5.21% | 6.29% | -3.01% | 4.33% | 7.59% | 16.46% | 11.54% |
| FCF Growth % | -56.91% | -21.49% | 263.97% | -60.32% | 82.63% | -191.99% | 242.7% | 8.86% | 95.22% | 39.57% |
| FCF per Share | 0.31 | 0.25 | 0.91 | 0.36 | 0.64 | -0.59 | 0.77 | 0.87 | 1.77 | 1.77 |
| FCF Conversion (FCF/Net Income) | 1.64x | 1.06x | 3.23x | 0.91x | 0.54x | 0.02x | 0.62x | -1.78x | -3.66x | -2.54x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 119K | 463K | 394K | 0 | -58K |
| Taxes Paid | 1.47M | 719.69K | 1.68M | 1.44M | 5.5M | 13.74M | 12.97M | 159K | 1.67M | -405K |
CLFD Key Ratios
Clearfield, Inc. (CLFD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 6.05% | 6.41% | 6.35% | 9.25% | 21.79% | 39.27% | 14.06% | -4.21% | -3.03% | -2.71% |
| Return on Invested Capital (ROIC) | 9.89% | 7.15% | 6.22% | 9.39% | 23.33% | 36.69% | 12.12% | -6.12% | 0.61% | 0.61% |
| Gross Margin | 40.93% | 39.92% | 38.44% | 40.74% | 43.46% | 41.7% | 31.74% | 17.33% | 33.66% | 36.07% |
| Net Margin | 5.2% | 5.5% | 5.37% | 7.84% | 14.44% | 18.22% | 12.11% | -7.47% | -5.36% | -4.54% |
| Debt / Equity | - | - | - | 0.03x | 0.02x | 0.25x | 0.05x | 0.05x | 0.03x | 0.03x |
| Interest Coverage | - | - | - | - | - | 205.20x | 42.32x | -45.89x | - | 63.85x |
| FCF Conversion | 1.64x | 1.06x | 3.23x | 0.91x | 0.54x | 0.02x | 0.62x | -1.78x | -3.66x | -2.54x |
| Revenue Growth | -1.78% | 5.01% | 9.51% | 9.46% | 51.23% | 92.45% | -0.8% | -37.96% | -9.94% | -11.28% |
CLFD SEC Filings & Documents
Clearfield, Inc. (CLFD) SEC filings — annual & quarterly reports (10-K, 10-Q)
CLFD Frequently Asked Questions
Clearfield, Inc. (CLFD) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Clearfield, Inc. (CLFD) reported $149.0M in revenue for fiscal year 2025. This represents a 5860% increase from $2.5M in 1996.
Clearfield, Inc. (CLFD) saw revenue decline by 9.9% over the past year.
Clearfield, Inc. (CLFD) reported a net loss of $6.8M for fiscal year 2025.
Dividend & Returns
Clearfield, Inc. (CLFD) has a return on equity (ROE) of -3.0%. Negative ROE indicates the company is unprofitable.
Clearfield, Inc. (CLFD) generated $17.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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