Clearwater Paper Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-18.6	196.3	107.7	46	-28.1
Depreciation & Amortization	92.4	69.8	40.7	103.3	105
Other Amortization	2.2	11.8	4.4	2	2.8
Loss (Gain) From Sale of Assets	-0.1	-306.8	2	4.6	35.7
Asset Writedown & Restructuring Costs	54.5	1.5	0.1	1.5	-
Stock-Based Compensation	3.8	5.6	9.9	12.7	9.1
Other Operating Activities	-22.3	31.6	-14.2	-3.5	-2.8
Change in Accounts Receivable	-2.2	-87.2	-1.3	-16.9	-5.3
Change in Inventory	-23.5	12.4	4	-46.3	-20.2
Change in Accounts Payable	-75.3	98.9	-21.3	49.2	1.9
Change in Other Net Operating Assets	1.4	-2.5	0.8	-2.4	-1.7
Operating Cash Flow	12.3	61.4	190.7	150.2	96.4
Operating Cash Flow Growth	-79.97%	-67.80%	26.96%	55.81%	-60.97%
Capital Expenditures	-88.8	-116.6	-73.7	-33.5	-38.4
Sale of Property, Plant & Equipment	-	-	-	-	13.3
Cash Acquisitions	-	-708.2	-	-	-
Divestitures	-11.6	992.5	-	-	-
Investing Cash Flow	-100.4	167.7	-73.7	-33.5	-25.1
Long-Term Debt Issued	82	753.4	222	-	-
Total Debt Issued	82	753.4	222	-	-
Long-Term Debt Repaid	-18.6	-931.1	-325.6	-80.9	-81
Total Debt Repaid	-18.6	-931.1	-325.6	-80.9	-81
Net Debt Issued (Repaid)	63.4	-177.7	-103.6	-80.9	-81
Repurchase of Common Stock	-19.5	-14.1	-22.6	-7.5	-1.7
Other Financing Activities	-4.6	0.4	-3.2	-0.2	0.7
Financing Cash Flow	39.3	-191.4	-129.4	-88.6	-82
Miscellaneous Cash Flow Adjustments	-0.1	-0.1	-	0.1	-
Net Cash Flow	-48.9	37.6	-12.4	28.2	-10.7
Free Cash Flow	-76.5	-55.2	117	116.7	58
Free Cash Flow Growth	-	-	0.26%	101.21%	-72.04%
Free Cash Flow Margin	-4.92%	-3.99%	10.30%	9.77%	3.27%
Free Cash Flow Per Share	-4.73	-3.29	6.85	6.79	3.46
Cash Interest Paid	15.9	52.4	37.8	33	36
Cash Income Tax Paid	53.8	19	16.6	43	-7.7
Levered Free Cash Flow	-125.93	7.73	12.89	128.41	77.35
Unlevered Free Cash Flow	-116.5	15.99	15.93	134.04	97.68
Change in Working Capital	-99.6	21.6	-17.8	-16.4	-25.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.