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6Material company update
Apr 28, 2026·SEC
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Feb 18, 2026·SEC
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Oct 28, 2025·SEC
Clearwater Paper Corporation(CLW)Earnings, Financials & Key Ratios
CLW•NYSE
$14.23
$229M mkt cap·Price updated May 6, 2026
AboutClearwater Paper Corporation manufactures and supplies bleached paperboards, and consumer and parent roll tissues in the United States and internationally. It operates through two segments, Pulp and Paperboard, and Consumer Products. The Pulp and Paperboard segment offers folding cartons, liquid packaging, cups and plates, blister and carded packaging products, top sheet and commercial printing items, and softwood pulp products, as well as custom sheeting, slitting, and cutting of paperboard products. It sells its products to packaging converters, folding carton converters, merchants, and commercial printers. The Consumer Products segment provides a line of at-home tissue products, including bath tissues, paper towels, facial tissues, and napkins; recycled fiber value grade products; and away-from-home tissues. This segment sells its products to retailers and wholesale distributors, including grocery, club, mass merchants, and discount stores. Clearwater Paper Corporation was incorporated in 2005 and is headquartered in Spokane, Washington.Show more
- Revenue$1.56B+12.4%
- EBITDA$112M+287.2%
- Net Income-$20M+81.9%
- EPS (Diluted)-1.24-110.6%
- Gross Margin7.43%+35.1%
- EBITDA Margin7.17%+244.4%
- Operating Margin1.21%+140.8%
- Net Margin-1.29%+83.9%
- ROE-2.39%+83.6%
- ROIC1.2%+143.0%
- Debt/Equity0.51+35.8%
- Interest Coverage1.01+145.9%
CLW Key Insights
Clearwater Paper Corporation (CLW) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 7/9
- ✓Share count reduced 4.0% through buybacks
- ✓Trading at only 0.3x book value
✗Weaknesses
- ✗Weak 3Y average ROE of 0.1%
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 16 (bottom 16%)
- ✗Thin 5Y average net margin of 0.2%
- ✗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.
CLW Price & Volume
Clearwater Paper Corporation (CLW) stock price & volume — 10-year historical chart
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CLW Growth Metrics
Clearwater Paper Corporation (CLW) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-1.19%
5 Years-3.6%
3 Years-9.23%
TTM2.3%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM82%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-116.34%
Return on Capital
10 Years4.05%
5 Years4.11%
3 Years3.71%
Last Year1.38%
CLW Recent Earnings
Clearwater Paper Corporation (CLW) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (58%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
Apr 28, 2026EPS
$1.29
Est $1.32
+2.3%
Revenue
$360M
Est $364M
-0.9%
Q1 2026
Feb 18, 2026EPS
$0.42
Est $0.49
+15.2%
Revenue
$386M
Est $379M
+2.0%
Q4 2025
Oct 28, 2025EPS
$0.51
Est $0.53
+3.8%
Revenue
$399M
Est $388M
+2.9%
Q3 2025
Jul 29, 2025EPS
$0.22
Est $0.53
+141.5%
Revenue
$392M
Est $388M
+1.0%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 28, 2026 | $1.29vs $1.32+2.3% | $360Mvs $364M-0.9% |
| Q1 2026 | Feb 18, 2026 | $0.42vs $0.49+15.2% | $386Mvs $379M+2.0% |
| Q4 2025 | Oct 28, 2025 | $0.51vs $0.53+3.8% | $399Mvs $388M+2.9% |
| Q3 2025 | Jul 29, 2025 | $0.22vs $0.53+141.5% | $392Mvs $388M+1.0% |
Based on last 12 quarters of dataView full earnings history →
CLW Peer Comparison
Clearwater Paper Corporation (CLW) competitors in Tissue, paperboard and packaging — 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 |
|---|---|---|---|---|---|---|---|---|
 SLVM | 2.02B | 44.83 | 6.24 | 1.4% | 5.25% | 18.42% | 0.95 | |
 CASY | 31.85B | 858.14 | 58.62 | 7.25% | 3.83% | 23.73% | 0.84 | |
 IP | 17.75B | 33.52 | -5.00 | 33.71% | -13.42% | -20.44% | 0.73 | |
 PKG | 20.24B | 226.82 | 26.44 | 7.23% | 8.6% | 16.73% | 0.95 | |
 SON | 5.16B | 52.30 | 13.14 | 41.72% | 13.83% | 30.03% | 1.34 | |
 GPK | 3.31B | 11.20 | 7.57 | -2.16% | 3.17% | 8.37% | 1.67 | |
 MERC | 74.35M | 1.11 | -0.15 | -8.58% | -26.65% | -151.86% | 23.64 | |
 WY | 17.33B | 24.04 | 53.42 | -3.07% | 5.74% | 4.2% | 0.59 |
Compare CLW vs Peers
Clearwater Paper Corporation (CLW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CLW Income Statement
Clearwater Paper Corporation (CLW) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 1.73B | 1.72B | 1.76B | 1.87B | 1.77B | 2.08B | 1.14B | 1.38B | 1.56B | 1.54B |
| Revenue Growth % | -0.25% | -0.36% | 2.16% | 6.08% | -5.14% | 17.35% | -45.39% | 21.8% | 12.42% | 2.3% |
| Cost of Goods Sold | 1.52B | 1.54B | 1.6B | 1.57B | 1.59B | 1.82B | 935.3M | 1.31B | 1.44B | 1.46B |
| COGS % of Revenue | 87.91% | 89.13% | 90.66% | 84.26% | 89.7% | 87.66% | 82.33% | 94.5% | 92.57% | - |
| Gross Profit | 209.2M▲ 0% | 187.5M▼ 10.4% | 164.5M▼ 12.3% | 294.2M▲ 78.8% | 182.6M▼ 37.9% | 256.7M▲ 40.6% | 200.7M▼ 21.8% | 76.1M▼ 62.1% | 115.6M▲ 51.9% | 78M▲ 0% |
| Gross Margin % | 12.09% | 10.87% | 9.34% | 15.74% | 10.3% | 12.34% | 17.67% | 5.5% | 7.43% | 5.07% |
| Gross Profit Growth % | -13.27% | -10.37% | -12.27% | 78.84% | -37.93% | 40.58% | -21.82% | -62.08% | 51.91% | - |
| Operating Expenses | 119M | 106.3M | 119.1M | 136.1M | 170.6M | 134.7M | 23.6M | 117.1M | 96.8M | 90.6M |
| OpEx % of Revenue | 6.88% | 6.17% | 6.76% | 7.28% | 9.62% | 6.48% | 2.08% | 8.46% | 6.22% | - |
| Selling, General & Admin | 118.4M | 105.5M | 0 | 124.9M | 114M | 110.9M | 120.3M | 116.3M | 100.8K | 91.9M |
| SG&A % of Revenue | 6.84% | 6.12% | - | 6.68% | 6.43% | 5.33% | 10.59% | 8.41% | 0.01% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 600K | 800K | 119.1M | 11.2M | 56.6M | 23.8M | -96.7M | 800K | 96.7M | 0 |
| Operating Income | 71.2M▲ 0% | -97.9M▼ 237.5% | 45.4M▲ 146.4% | 158.1M▲ 248.2% | 12M▼ 92.4% | 122M▲ 916.7% | 177.1M▲ 45.2% | -41M▼ 123.2% | 18.8M▲ 145.9% | -1.5M▲ 0% |
| Operating Margin % | 4.11% | -5.68% | 2.58% | 8.46% | 0.68% | 5.87% | 15.59% | -2.96% | 1.21% | -0.1% |
| Operating Income Growth % | -37.96% | -237.5% | 146.37% | 248.24% | -92.41% | 916.67% | 45.16% | -123.15% | 145.85% | - |
| EBITDA | 176.2M | 4M | 161M | 269.1M | 117M | 225.3M | 217.8M | 28.8M | 111.5M | 69.3M |
| EBITDA Margin % | 10.18% | 0.23% | 9.14% | 14.4% | 6.6% | 10.83% | 19.17% | 2.08% | 7.17% | 4.51% |
| EBITDA Growth % | -14.41% | -97.73% | 3925% | 67.14% | -56.52% | 92.56% | -3.33% | -86.78% | 287.15% | 101.45% |
| D&A (Non-Cash Add-back) | 105M | 101.9M | 115.6M | 111M | 105M | 103.3M | 40.7M | 69.8M | 92.7M | 70.8M |
| EBIT | 72.3M | -103M | 42.6M | 142.6M | -500K | 108.7M | 77.1M | -70.7M | 18.8M | -41.9M |
| Net Interest Income | -31.37M | -30.82M | -44.9M | -46.5M | -36.4M | -34.6M | -9.5M | -29.2M | -16.8M | -13.5M |
| Interest Income | 0 | 0 | 0 | 0 | 600K | 1M | 2.4M | 2.9M | 1.8M | 1.2M |
| Interest Expense | 31.37M | 30.82M | 44.9M | 46.5M | 37M | 35.6M | 11.9M | 32.1M | 18.6M | 9.7M |
| Other Income/Expense | -30.3M | -35.6M | -53.3M | -59.9M | -47.7M | -48.9M | -111.5M | -60.1M | -78.9M | -67.4M |
| Pretax Income | 40.95M▲ 0% | -133.46M▼ 425.9% | -7.9M▲ 94.1% | 98.2M▲ 1343.0% | -35.7M▼ 136.4% | 73.1M▲ 304.8% | 65.6M▼ 10.3% | -101.1M▼ 254.1% | -60.1M▲ 40.6% | -68.9M▲ 0% |
| Pretax Margin % | 2.37% | -7.74% | -0.45% | 5.26% | -2.01% | 3.51% | 5.77% | -7.31% | -3.86% | -4.48% |
| Income Tax | -56.38M | 10.3M | -2.3M | 21.1M | -7.7M | 27M | 16.9M | -27.1M | -7.1M | -9M |
| Effective Tax Rate % | -137.68% | -7.72% | 29.11% | 21.49% | 21.57% | 36.94% | 25.76% | 26.81% | 11.81% | 13.06% |
| Net Income | 97.34M▲ 0% | -143.77M▼ 247.7% | -5.6M▲ 96.1% | 77.1M▲ 1476.8% | -28.1M▼ 136.4% | 46M▲ 263.7% | 107.7M▲ 134.1% | -110.9M▼ 203.0% | -20.1M▲ 81.9% | -27M▲ 0% |
| Net Margin % | 5.63% | -8.34% | -0.32% | 4.13% | -1.59% | 2.21% | 9.48% | -8.02% | -1.29% | -1.76% |
| Net Income Growth % | 96.43% | -247.7% | 96.1% | 1476.79% | -136.45% | 263.7% | 134.13% | -202.97% | 81.88% | 82% |
| Net Income (Continuing) | 97.34M | -143.77M | -5.6M | 77.1M | -28M | 46.1M | 48.7M | -74M | -53M | -59.9M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 59M | -36.9M | 32.9M | 1000K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 5.88▲ 0% | -8.72▼ 248.3% | -0.34▲ 96.1% | 4.61▲ 1455.9% | -1.67▼ 136.2% | 2.68▲ 260.5% | 6.30▲ 135.1% | 11.70▲ 85.7% | -1.24▼ 110.6% | -1.68▲ 0% |
| EPS Growth % | 102.76% | -248.3% | 96.1% | 1455.88% | -136.23% | 260.48% | 135.07% | 85.71% | -110.6% | -116.34% |
| EPS (Basic) | 5.91 | -8.72 | -0.34 | 4.65 | -1.67 | 2.71 | 6.39 | 11.70 | -1.24 | - |
| Diluted Shares Outstanding | 16.56M | 16.49M | 16.53M | 16.72M | 16.77M | 17.18M | 17.09M | 16.78M | 16.1M | 16.08M |
| Basic Shares Outstanding | 16.46M | 16.49M | 16.47M | 16.57M | 16.77M | 16.98M | 16.86M | 16.78M | 16.09M | 16.08M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
CLW Balance Sheet
Clearwater Paper Corporation (CLW) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 452.79M | 443.95M | 465.8M | 474.9M | 487.2M | 586.3M | 564.1M | 545.4M | 526M | 522.1M |
| Cash & Short-Term Investments | 15.74M | 22.48M | 21.4M | 35.9M | 25.2M | 54.4M | 42M | 79.6M | 30.7K | 36.5M |
| Cash Only | 15.74M | 22.48M | 21.4M | 35.9M | 25.2M | 54.4M | 42M | 79.6M | 30.7K | 36.5M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 162.35M | 151.82M | 159.4M | 160.6M | 167.4M | 188.8M | 96.1M | 188.7M | 195.3M | 197.9M |
| Days Sales Outstanding | 34.24 | 32.14 | 33.03 | 31.37 | 34.47 | 33.13 | 30.88 | 49.78 | 45.83 | 42.78 |
| Inventory | 266.04M | 266.24M | 281.4M | 263.3M | 277.7M | 324M | 161.2M | 257.9M | 281.7K | 269.7M |
| Days Inventory Outstanding | 63.83 | 63.24 | 64.31 | 61.04 | 63.75 | 64.86 | 62.91 | 72 | 0.07 | 69.93 |
| Other Current Assets | 8.66M | 3.4M | 3.6M | 15.1M | 16.9M | 19.1M | 264.8M | 19.2M | 330.39M | 18M |
| Total Non-Current Assets | 1.35B | 1.34B | 1.41B | 1.33B | 1.2B | 1.12B | 1.11B | 1.13B | 1.06B | 1.05B |
| Property, Plant & Equipment | 1.05B | 1.27B | 1.33B | 1.25B | 1.14B | 1.06B | 392.4M | 1.06B | 2.38M | 2.38B |
| Fixed Asset Turnover | 1.65x | 1.36x | 1.32x | 1.49x | 1.56x | 1.96x | 2.90x | 1.30x | 654.11x | 1.39x |
| Goodwill | 244.16M | 35.07M | 35.1M | 35.1M | 35.1M | 35.1M | 35.1M | 48.6M | 0 | 0 |
| Intangible Assets | 32.54M | 24.08M | 16.9M | 13.7M | 0 | 8.6M | 6.4M | 4.3M | 2.1M | 0 |
| Long-Term Investments | 1M | 2.46M | 1M | 1.1M | 1.1M | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 13.91M | 7.09M | 24.3M | 18.5M | 29.1M | 12.5M | 673M | 17M | 1.06B | -172.28M |
| Total Assets | 1.8B▲ 0% | 1.79B▼ 0.8% | 1.88B▲ 5.0% | 1.8B▼ 4.1% | 1.69B▼ 6.1% | 1.7B▲ 0.8% | 1.67B▼ 1.9% | 1.68B▲ 0.4% | 1.59B▼ 5.4% | 1.57B▲ 0% |
| Asset Turnover | 0.96x | 0.96x | 0.94x | 1.04x | 1.05x | 1.22x | 0.68x | 0.82x | 0.98x | 0.97x |
| Asset Growth % | 7% | -0.78% | 5.01% | -4.12% | -6.13% | 0.79% | -1.86% | 0.44% | -5.41% | -80.4% |
| Total Current Liabilities | 419.25M | 449.3M | 280.4M | 244.8M | 254.1M | 312M | 285.9M | 320.4M | 216.2M | 200.4M |
| Accounts Payable | 169.29M | 228.06M | 149.6M | 143.4M | 168.3M | 213M | 89.1M | 164.6M | 130.9M | 0 |
| Days Payables Outstanding | 40.62 | 54.17 | 34.19 | 33.24 | 38.63 | 42.64 | 34.77 | 45.95 | 33.18 | 27.48 |
| Short-Term Debt | 155M | 120.83M | 31.8M | 17M | 17.7M | 12.9M | 8.5M | 11.7M | 12.9M | 600K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 45.35M | 51.55M | 46.6M | 36.5M | 33.1M | 44.2M | 154.3M | 55.1M | 72.4M | 199.8M |
| Current Ratio | 1.08x | 0.99x | 1.66x | 1.94x | 1.92x | 1.88x | 1.97x | 1.70x | 2.43x | 2.43x |
| Quick Ratio | 0.45x | 0.40x | 0.66x | 0.86x | 0.82x | 0.84x | 1.41x | 0.90x | 2.43x | 2.43x |
| Cash Conversion Cycle | 57.46 | 41.21 | 63.15 | 59.17 | 59.58 | 55.35 | 59.01 | 75.83 | 12.72 | 85.23 |
| Total Non-Current Liabilities | 807.57M | 912.43M | 1.17B | 1.03B | 924.3M | 819.5M | 717.2M | 504.4M | 546.8M | 555.6M |
| Long-Term Debt | 570.52M | 671.29M | 863.9M | 697.3M | 620.1M | 541.6M | 439.9M | 273.2M | 369.4M | 81.3M |
| Capital Lease Obligations | 26.46M | 27.42M | 86.2M | 73.4M | 60.2M | 59.2M | 24.2M | 36.7M | 39.5M | 39.5M |
| Deferred Tax Liabilities | 118.53M | 121.18M | 121.3M | 158.1M | 0 | 0 | 0 | 0 | 68.2M | 213.7M |
| Other Non-Current Liabilities | 86.48M | 88.02M | 93.9M | 105.7M | 244M | 218.7M | 253.1M | 194.5M | 69.7M | 825.7M |
| Total Liabilities | 1.23B | 1.36B | 1.45B | 1.28B | 1.18B | 1.13B | 1B | 824.8M | 763M | 756M |
| Total Debt | 751.98M | 819.54M | 981.9M | 787.7M | 698M | 613.7M | 472.6M | 321.6M | 421.8M | 81.9M |
| Net Debt | 736.25M | 797.06M | 960.5M | 751.8M | 672.8M | 559.3M | 430.6M | 242M | 421.77M | 45.4M |
| Debt / Equity | 1.31x | 1.92x | 2.27x | 1.51x | 1.36x | 1.07x | 0.71x | 0.38x | 0.51x | 0.51x |
| Debt / EBITDA | 4.27x | 204.89x | 6.10x | 2.93x | 5.97x | 2.72x | 2.17x | 11.17x | 3.78x | 1.18x |
| Net Debt / EBITDA | 4.18x | 199.27x | 5.97x | 2.79x | 5.75x | 2.48x | 1.98x | 8.40x | 3.78x | 3.78x |
| Interest Coverage | 2.30x | -3.34x | 0.95x | 3.07x | -0.01x | 3.05x | 6.48x | -2.20x | 1.01x | -4.32x |
| Total Equity | 575.43M▲ 0% | 426.4M▼ 25.9% | 432M▲ 1.3% | 521.1M▲ 20.6% | 511.7M▼ 1.8% | 572M▲ 11.8% | 668.7M▲ 16.9% | 854.5M▲ 27.8% | 825.3M▼ 3.4% | 813.8M▲ 0% |
| Equity Growth % | 22.47% | -25.9% | 1.31% | 20.63% | -1.8% | 11.78% | 16.91% | 27.79% | -3.42% | 38.71% |
| Book Value per Share | 34.76 | 25.86 | 26.13 | 31.16 | 30.52 | 33.29 | 39.13 | 50.92 | 51.25 | 50.61 |
| Total Shareholders' Equity | 575.43M | 426.4M | 432M | 521.1M | 511.7M | 572M | 668.7M | 854.5M | 825.3M | 813.8M |
| Common Stock | 2K | 2K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 618.25M | 487.34M | 481.7M | 558.8M | 530.7M | 576.8M | 684.5M | 880.7M | 862.3M | 849.4M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.3M | -14.8M | -11.8M |
| Accumulated OCI | -43.98M | -67.35M | -59.5M | -54.3M | -42.6M | -33.3M | -30.7M | -34.5K | -30.5M | -29.9M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
CLW Cash Flow Statement
Clearwater Paper Corporation (CLW) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 177.67M | 168.9M | 55.6M | 247M | 96.4M | 150.2M | 190.7M | 61.4M | 12.3K | 12.3K |
| Operating CF Margin % | 10.27% | 9.8% | 3.16% | 13.22% | 5.44% | 7.22% | 16.79% | 4.44% | 0% | - |
| Operating CF Growth % | 2.85% | -4.94% | -67.08% | 344.24% | -60.97% | 55.81% | 26.96% | -67.8% | -99.98% | -76.19% |
| Net Income | 97.34M | -143.77M | -5.6M | 77.1M | -28.1M | 46M | 107.7M | 196.3M | -53K | -27M |
| Depreciation & Amortization | 104.99M | 101.95M | 115.6M | 111M | 105M | 103.3M | 98.6M | 69.8M | 92.4K | 93.8M |
| Stock-Based Compensation | 3.62M | 3.31M | 3.8M | 10.5M | 9.1M | 12.7M | 9.9M | 5.6M | 3.8K | 3.4M |
| Deferred Taxes | -40.59M | 7.08M | -300K | 33.5M | -9.7M | -7.9M | -14.9M | 39M | -22.5K | -23.8M |
| Other Non-Cash Items | 1.12M | 170.13M | 10.6M | 13.9M | 45.4M | 12.5M | 4.5M | -267.9M | 99.49M | 87.95M |
| Working Capital Changes | 11.19M | 28.63M | -68.5M | 1M | -25.3M | -16.4M | -15.1M | 18.6M | -99.5M | -86.6M |
| Change in Receivables | -10.57M | 13.98M | -13.6M | 6.1M | -5.3M | -16.9M | -1.3M | -58.1M | -2.2M | -15.9M |
| Change in Inventory | -14.8M | 0 | -21.2M | 18.1M | -20.2M | -46.3M | 4M | 12.4M | -23.5M | -12M |
| Change in Payables | 0 | 0 | -28.5M | -16.5M | 1.9M | 49.2M | -21.3K | 70.2M | -75.3M | -66.8M |
| Cash from Investing | -198.8M | -223.97M | -140.1M | -39.6M | -25.1M | -33.5M | -73.7M | 167.7M | -100.4K | -76.8M |
| Capital Expenditures | -199.75M | -295.71M | -140.1M | -39.6M | -38.4M | -33.5M | -73.7M | -116.6M | -88.8K | -65.2M |
| CapEx % of Revenue | 11.54% | 17.15% | 7.95% | 2.12% | 2.17% | 1.61% | 6.49% | 8.43% | 0.01% | - |
| Acquisitions | 0 | 70.93M | 0 | 0 | 13.3M | 0 | 0 | 284.3M | 0 | -11.6M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 951K | 807K | 0 | 0 | 0 | 0 | 0 | 0 | -11.6K | 0 |
| Cash from Financing | 13.86M | 65.42M | 82M | -192.9M | -82M | -88.6M | -129.4M | -191.4M | 39.3K | 58M |
| Debt Issued (Net) | 0 | 65.83M | 82.4M | -192.3M | -81M | -80.9M | -103.6M | -177.7M | 63.4M | 63.6M |
| Equity Issued (Net) | -4.9M | 0 | 0 | -700K | -1.7M | -5M | -22.6M | -10M | -17.2M | -6.3M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -4.9M | 0 | 0 | -700K | -1.7M | -5M | -17.9M | -10M | -17.2M | -6.3M |
| Other Financing | 18.7M | -413K | -400K | 100K | 700K | -2.7M | -3.2M | -3.7M | -46.16M | 700K |
| Net Change in Cash | -7.26M▲ 0% | 6.75M▲ 192.9% | -2.5M▼ 137.1% | 14.5M▲ 680.0% | -10.7M▼ 173.8% | 28.2M▲ 363.6% | -12.4M▼ 144.0% | 37.6M▲ 403.2% | -48.9K▼ 100.1% | -7.5M▲ 0% |
| Free Cash Flow | -22.08M▲ 0% | -126.81M▼ 474.4% | -84.5M▲ 33.4% | 207.4M▲ 345.4% | 58M▼ 72.0% | 116.7M▲ 101.2% | 117M▲ 0.3% | -55.2M▼ 147.2% | -76.5K▲ 99.9% | -53.9M▲ 0% |
| FCF Margin % | -1.28% | -7.35% | -4.8% | 11.1% | 3.27% | 5.61% | 10.3% | -3.99% | -0% | -3.51% |
| FCF Growth % | -226.87% | -474.37% | 33.36% | 345.44% | -72.03% | 101.21% | 0.26% | -147.18% | 99.86% | 57.59% |
| FCF per Share | -1.33 | -7.69 | -5.11 | 12.40 | 3.46 | 6.79 | 6.85 | -3.29 | -0.00 | -0.00 |
| FCF Conversion (FCF/Net Income) | 1.83x | -1.17x | -9.93x | 3.20x | -3.43x | 3.27x | 1.77x | -0.55x | -0.00x | 2.00x |
| Interest Paid | 28.1M | 26.1M | 38.4M | 0 | 0 | 33M | 37.8M | 52.4M | 0 | 800K |
| Taxes Paid | 2.7M | 3.74M | 3.1M | 0 | 0 | 43M | 16.6M | 19M | 0 | 57.2M |
CLW Key Ratios
Clearwater Paper Corporation (CLW) 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) | 18.62% | -28.7% | -1.3% | 16.18% | -5.44% | 8.49% | 17.36% | -14.56% | -2.39% | -3.31% |
| Return on Invested Capital (ROIC) | 4.3% | -5.79% | 2.6% | 8.9% | 0.73% | 7.9% | 11.91% | -2.8% | 1.2% | 1.2% |
| Gross Margin | 12.09% | 10.87% | 9.34% | 15.74% | 10.3% | 12.34% | 17.67% | 5.5% | 7.43% | 5.07% |
| Net Margin | 5.63% | -8.34% | -0.32% | 4.13% | -1.59% | 2.21% | 9.48% | -8.02% | -1.29% | -1.76% |
| Debt / Equity | 1.31x | 1.92x | 2.27x | 1.51x | 1.36x | 1.07x | 0.71x | 0.38x | 0.51x | 0.51x |
| Interest Coverage | 2.30x | -3.34x | 0.95x | 3.07x | -0.01x | 3.05x | 6.48x | -2.20x | 1.01x | -4.32x |
| FCF Conversion | 1.83x | -1.17x | -9.93x | 3.20x | -3.43x | 3.27x | 1.77x | -0.55x | -0.00x | 2.00x |
| Revenue Growth | -0.25% | -0.36% | 2.16% | 6.08% | -5.14% | 17.35% | -45.39% | 21.8% | 12.42% | 2.3% |
CLW SEC Filings & Documents
Clearwater Paper Corporation (CLW) SEC filings — annual & quarterly reports (10-K, 10-Q)
CLW Frequently Asked Questions
Clearwater Paper Corporation (CLW) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Clearwater Paper Corporation (CLW) reported $1.54B in revenue for fiscal year 2025. This represents a 39% increase from $1.11B in 2006.
Clearwater Paper Corporation (CLW) grew revenue by 12.4% over the past year. This is steady growth.
Clearwater Paper Corporation (CLW) reported a net loss of $27.0M for fiscal year 2025.
Dividend & Returns
Clearwater Paper Corporation (CLW) has a return on equity (ROE) of -2.4%. Negative ROE indicates the company is unprofitable.
Clearwater Paper Corporation (CLW) had negative free cash flow of $53.9M in fiscal year 2025, likely due to heavy capital investments.
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