Clearwater Paper Corporation (CLW) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
CLW Revenue Growth
Revenue Breakdown (FY 2025)
CLW's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
CLW Revenue Analysis (2014–2025)
As of May 8, 2026, Clearwater Paper Corporation (CLW) generated trailing twelve-month (TTM) revenue of $1.54 billion, reflecting slight decline in growth of -4.7% year-over-year. The most recent quarter (Q1 2026) recorded $360.3 million in revenue, down 6.8% sequentially.
Looking at the longer-term picture, CLW's 5-year compound annual growth rate (CAGR) stands at -3.6%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $2.08 billion in 2022.
Revenue diversification analysis shows CLW's business is primarily driven by Foodservice (80%), and Other (20%). With over half of revenue concentrated in Foodservice, the company maintains significant focus in this area while developing other growth vectors.
When compared to Basic Materials sector peers including SLVM (-8.9% YoY), CASY (+9.2% YoY), and IP (+25.5% YoY), CLW has underperformed the peer group in terms of revenue growth. Compare CLW vs SLVM →
CLW Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CLWCurrent | $1.5B | -4.7% | -3.6% | 1.2% | |
 SLVM | $3.8B | -8.9% | -1.2% | 11.8% | |
 CASY | $15.9B | +9.2% | +11.7% | 5.0% | |
 IP | $24.9B | +25.5% | +7.2% | -11.3% | |
 PKG | $9.0B | +7.2% | +6.2% | 14.0% | |
 SON | $7.5B | +39.2% | +7.5% | 9.5% |
CLW Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.56B | +12.4% | $115.6M | 7.4% | $18.8M | 1.2% |
| 2024 | $1.38B | +21.8% | $76.1M | 5.5% | $-41,000,000 | -3.0% |
| 2023 | $1.14B | -45.4% | $200.7M | 17.7% | $177.1M | 15.6% |
| 2022 | $2.08B | +17.3% | $256.7M | 12.3% | $122.0M | 5.9% |
| 2021 | $1.77B | -5.1% | $182.6M | 10.3% | $12.0M | 0.7% |
| 2020 | $1.87B | +6.1% | $294.2M | 15.7% | $158.1M | 8.5% |
| 2019 | $1.76B | +2.2% | $164.5M | 9.3% | $45.4M | 2.6% |
| 2018 | $1.72B | -0.4% | $187.5M | 10.9% | $-97,900,000 | -5.7% |
| 2017 | $1.73B | -0.3% | $209.2M | 12.1% | $71.2M | 4.1% |
| 2016 | $1.73B | -1.0% | $241.2M | 13.9% | $114.8M | 6.6% |
See CLW's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs CLW Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare CLW vs LIN
Side-by-side business, growth, and profitability comparison vs Linde plc.
Start ComparisonCLW — Frequently Asked Questions
Quick answers to the most common questions about buying CLW stock.
Is CLW's revenue growth accelerating or slowing?
CLW revenue growth slowed to -4.7%, below the 5-year CAGR of -3.6%. TTM revenue is $1.5B. The deceleration marks a shift from historical growth rates.
What is CLW's long-term revenue growth rate?
Clearwater Paper Corporation's 5-year revenue CAGR of -3.6% reflects the variable expansion pattern. Current YoY growth of -4.7% is near this long-term average.
How is CLW's revenue distributed by segment?
CLW reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.