Clearwater Paper Corporation (CLW)

NYSE: CLW · Real-Time Price · USD

16.82

+0.42 (2.56%)

Jul 24, 2026, 4:00 PM EDT - Market closed

Clearwater Paper Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Revenue	1,538	1,555	1,384	1,136	1,195	1,773
Revenue Growth	2.30%	12.42%	21.80%	-4.94%	-32.58%	-5.14%
Gross Profit	78	115.6	76.1	200.7	212.5	182.6
Operating Income	-0.5	-42.1	-64.5	78.1	99.3	12
Net Income	-25.1	-18.6	196.3	107.7	46	-28.1
Earnings Per Share	-1.54	-1.15	11.70	6.30	2.68	-1.67
EPS Growth	-	-	85.71%	135.07%	-	-

Revenue by Geography

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
United States	1,418	1,253	1,028	1,098	1,670
Other countries	137.2	131.2	107.6	97.3	102.4
Total	1,555	1,384	1,136	1,195	1,773

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Cash & Investments	36.5	30.7	79.6	42	53.7	25.2
Total Debt	361.1	346.1	282.2	439.9	565.8	639.2
Net Cash (Debt)	-324.6	-315.4	-202.6	-397.9	-512.1	-614
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-20.12	-19.51	-12.07	-23.28	-29.81	-36.62

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Operating Cash Flow	11.3	12.3	61.4	190.7	150.2	96.4
Capital Expenditures	-65.2	-88.8	-116.6	-73.7	-33.5	-38.4
Free Cash Flow	-53.9	-76.5	-55.2	117	116.7	58
Free Cash Flow Growth	-	-	-	0.26%	101.21%	-72.04%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Gross Margin	5.07%	7.43%	5.50%	17.67%	17.78%	10.30%
Operating Margin	-0.03%	-2.71%	-4.66%	6.88%	8.31%	0.68%
Pretax Margin	-1.27%	-3.86%	-7.30%	5.77%	6.85%	-2.01%
Profit Margin	-1.27%	-3.41%	-5.35%	4.29%	8.31%	-2.45%
FCF Margin	-3.51%	-4.92%	-3.99%	10.30%	9.77%	3.27%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 25, 2026	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
PE Ratio	-	-	2.54	5.73	14.11	-
Forward PE	-	38.91	28.09	6.84	14.79	10.77
P/FCF Ratio	-	-	-	5.09	5.43	10.55
PS Ratio	0.18	0.18	0.35	0.52	0.53	0.35