Clearwater Paper's fundamentals show a tentative operational turn, with gross margin recovering to 5.5% in 2026Q3 from -2.8% in 2026Q2 and operating income returning to $2.5M, yet revenue declined 3.5% year-over-year to $384.9M and the company posted a $1.6M net loss, its sixth loss in ten quarters.
Price trend, volume and key moving averages
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
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Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 26, 2026 | -$0.23-48.4% vs -$0.15 | $385M-0.9% vs $388M |
Q3 2026 Jul 28, 2026 | -$1.75-17.4% vs -$1.49 | $375M-0.0% vs $375M |
Q2 2026 Apr 28, 2026 | -$1.29+2.3% vs -$1.32 | $360M-0.9% vs $364M |
Q1 2026 Feb 18, 2026 | -$0.42+15.2% vs -$0.49 | $386M+2.0% vs $379M |
Clearwater Paper NYSE: CLW reported third-quarter adjusted EBITDA of $24 million, within its prior guidance range of $20 million to $30 million, as recently announced price increases began to benefit results. The company also completed a debt refinancing that extends its maturity profile to 2031, while addressing operational disruptions and additional maintenance needs at its Augusta mill.
Clearwater Paper Corporation (CLW) Q3 2026 Earnings Call Transcript
SPOKANE, Wash.--(BUSINESS WIRE)--Clearwater Paper Corporation (NYSE:CLW), a premier independent supplier of bleached paperboard to North American converters today reported financial results for the third quarter ended September 30, 2026. THIRD QUARTER HIGHLIGHTS Net sales of $385 million versus $399 million in the third quarter of 2025, primarily driven by lower market pricing Net loss of $2 million, or $0.10 per diluted share versus net loss of $53 million, or $3.30 per diluted share in the th.
Here is how Clearwater Paper (CLW) and Green Plains Renewable Energy (GPRE) have performed compared to their sector so far this year.
Benchmark CLW against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Clearwater Paper Corporation (CLW)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $13.27 | $214.02M | 89.18 | 12.42% | 0.16% | 0.3% | — | |
| $39.38 | $1.56B | -8.75 | -11.18% | -5.81% | -19.78% | 4.52% | |
| $687.64 | $25.49B | 33.05 | 10.16% | 4.14% | 19.68% | 0.32% | |
| $34.53 | $18.28B | -5.28 | 33.71% | -14.32% | -24.19% | 5.36% | |
| $249.70 | $22.25B | 30.59 | 7.23% | 7.39% | 15.58% | 2.01% | |
| $50.43 | $4.99B | -24.10 | 41.72% | -2.82% | -6.11% | 4.14% |
Clearwater Paper Corporation (CLW) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Clearwater Paper Corporation (CLW) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 26, 2026·SEC
Jul 28, 2026·SEC
May 12, 2026·SEC
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Clearwater Paper Corporation (CLW) stock FAQ — growth, dividends, profitability & financials explained
Clearwater Paper Corporation (CLW) reported $1.51B in revenue over the trailing twelve months. Revenue was $1.56B in fiscal year 2025. That is 41% more than the $1.11B of fiscal year 2006.
Clearwater Paper Corporation (CLW) revenue fell by 3.2% over the trailing twelve months, compared with the twelve months before.
Yes. Clearwater Paper Corporation (CLW) earned $2.4M in net income over the trailing twelve months (a 0.2% net margin).
Clearwater Paper Corporation (CLW) had a return on equity (ROE) of 0.3% over the trailing twelve months. That is below the market's typical 10-15%.
Clearwater Paper Corporation (CLW) generated $56.8M in free cash flow over the trailing twelve months.
