Clearwater Paper Corp (New York Stock Exchange:CLW)
Insiders here have filed 1 Form 4 in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Loses money on what it sells.
- Revenue
- $1.52B
- Net income
- -$49.3M
- Net margin
- -3.2%
Heavily indebted for what it earns.
- Total debt
- $361.1M
- Cash
- $95.4M
- Net debt / EBITDA
- 25.07x
Comfortably covers what is due within a year.
- Current assets
- $532.0M
- Current liabilities
- $232.3M
- Current ratio
- 2.29
The business funds itself from operations.
- Operating cash flow
- $108.5M
- Free cash flow
- $56.6M
- FCF margin
- 3.7%
Not funding itself by issuing shares.
- Shares outstanding
- 16.1M
- Share growth (1y)
- -0.6%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
CLW Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 374.80 M | 360.30 M | 386.40 M | 399.00 M | 391.80 M | 378.20 M |
| Revenue Growth (YoY) | -4.34 % | -4.73 % | -0.18 % | 1.45 % | 13.76 % | -23.78 % |
| Cost of Revenue | 385.20 M | 361.20 M | 369.20 M | 380.20 M | 348.80 M | 341.50 M |
| Gross Profit | -10.40 M | -900.00 K | 17.20 M | 18.80 M | 43.00 M | 36.70 M |
| SG&A Expense | 21.10 M | 19.90 M | 20.60 M | 23.70 M | 27.00 M | 28.50 M |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 13.60 M | 20.50 M | 19.70 M | 23.70 M | 28.50 M | 31.50 M |
| Operating Income | -24.00 M | -21.40 M | -2.50 M | -4.90 M | 14.50 M | 5.20 M |
| Pretax Income | -30.10 M | -16.50 M | 2.50 M | -60.40 M | 5.50 M | -7.70 M |
| Tax Provision | -8.60 M | -3.70 M | -800.00 K | -6.50 M | 1.90 M | -1.80 M |
| Net Income | -21.50 M | -12.80 M | 38.30 M | -53.30 M | 2.70 M | -6.30 M |
| EPS (Basic) | -1.33 | -0.80 | 2.39 | -3.30 | 0.17 | -0.38 |
| EPS (Diluted) | -1.33 | -0.80 | 2.39 | -3.30 | 0.17 | -0.38 |
| Shares Outstanding | 16.13 M | 16.08 M | 16.04 M | 16.14 M | 16.22 M | 16.38 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.