Clearwater Paper Corporation (CLW)

Clearwater Paper Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	1,555	1,384	1,136	1,195	1,773
Revenue Growth (YoY)	12.42%	21.80%	-4.94%	-32.58%	-5.14%
Cost of Revenue	1,440	1,308	935.3	982.5	1,590
Gross Profit	115.6	76.1	200.7	212.5	182.6
Selling, General & Admin	100.8	116.7	119.4	110	112.9
Other Operating Expenses	56.9	24	3.2	3.2	57.7
Total Operating Expenses	157.7	140.7	122.6	113.2	170.6
Operating Income	-42.1	-64.5	78.1	99.3	12
Interest Expense	-16.8	-29.2	-9.5	-11.2	-36.4
Other Non-Operating Income (Expense)	-1.2	-7.3	-3	-6.2	-11.4
Total Non-Operating Income (Expense)	-18	-36.5	-12.5	-17.4	-47.8
Pretax Income	-60.1	-101	65.6	81.9	-35.7
Provision for Income Taxes	-	-	-	-29.2	7.7
Net Income	-18.6	196.3	107.7	46	-28.1
Earnings From Discontinued Operations	30.9	343.6	137.6	-6.7	-
Net Income to Common	-18.6	196.3	107.7	46	-28.1
Net Income Growth	-	82.27%	134.13%	-	-
Shares Outstanding (Basic)	16	17	17	17	17
Shares Outstanding (Diluted)	16	17	17	17	17
Shares Change (YoY)	-3.65%	-1.81%	-0.52%	2.47%	0.26%
EPS (Basic)	-1.15	11.70	6.39	2.71	-1.67
EPS (Diluted)	-1.15	11.70	6.30	2.68	-1.67
EPS Growth	-	85.71%	135.07%	-	-
Free Cash Flow	-76.5	-55.2	117	116.7	58
Free Cash Flow Growth	-	-	0.26%	101.21%	-72.04%
Free Cash Flow Per Share	-4.73	-3.29	6.85	6.79	3.46
Gross Margin	7.43%	5.50%	17.67%	17.78%	10.30%
Operating Margin	-2.71%	-4.66%	6.88%	8.31%	0.68%
Profit Margin	-3.41%	-5.35%	4.29%	8.31%	-2.45%
FCF Margin	-4.92%	-3.99%	10.30%	9.77%	3.27%
EBITDA	50.3	35.3	176.7	202.6	117
EBITDA Margin	3.23%	2.55%	15.55%	16.95%	6.60%
EBIT	-42.1	-64.5	78.1	99.3	12
EBIT Margin	-2.71%	-4.66%	6.88%	8.31%	0.68%
Effective Tax Rate	0.00%	0.00%	0.00%	-35.65%	-21.57%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q