Clearwater Paper Corporation logo

Clearwater Paper Corporation

CLW

NYSEBasic MaterialsPaper, Lumber & Forest Products

Latest quote

$21.79

+$0.04 · +0.18%

Aug 21, 3:59 PM ET

CLW company overview

Regular session · ET · Market data may be delayed.

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AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

71

Undervalued

Momentum

38

Weakening

Sentiment

61

Bullish

Risk resilience

38

High Risk

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Company profile

Company website

Clearwater Paper Corporation is an enterprise engaged in the manufacturing and supply of bleached paperboards, alongside various tissue products for consumers and parent roll applications, serving both the United States and international markets. Its operations are structured into two distinct divisions: Pulp and Paperboard, and Consumer Products. The Pulp and Paperboard segment delivers a diverse portfolio of items, including folding cartons, liquid packaging, cups, plates, materials for blister and carded packaging, top sheet and commercial printing papers, and softwood pulp. This division also provides tailored processing services such as custom sheeting, slitting, and cutting of paperboard. Its primary customers are packaging and folding carton converters, general merchants, and commercial printing firms. The Consumer Products division offers an extensive selection of household paper goods, encompassing bath tissues, paper towels, facial tissues, and napkins. Furthermore, it provides economical recycled fiber products and tissue solutions designed for commercial or institutional (away-from-home) use. This segment distributes its merchandise to a broad network of retailers and wholesale channels, including major grocery chains, club stores, mass market retailers, and discount outlets. Clearwater Paper Corporation was founded in 2005 and maintains its corporate headquarters in Spokane, Washington.

Industry
Paper, Lumber & Forest Products
Sector
Basic Materials
Headquarters
US
CEO
Arsen S. Kitch
Listed since
Dec 5, 2008
Employees
1,900

Market position

Volume
104.66K
0.51× average
Average volume
206.25K
Average daily volume
Market cap
350.78M USD
Beta
0.23
Market reference 1

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends20%10%-0%-11%Gross margin, FY2021: 10.30%Gross margin, FY2022: 12.34%Gross margin, FY2023: 17.67%Gross margin, FY2024: 5.50%Gross margin, FY2025: 7.43%Operating margin, FY2021: 0.68%Operating margin, FY2022: 5.87%Operating margin, FY2023: 15.59%Operating margin, FY2024: -2.96%Operating margin, FY2025: 0.78%Net margin, FY2021: -1.59%Net margin, FY2022: 2.21%Net margin, FY2023: 9.48%Net margin, FY2024: -8.02%Net margin, FY2025: -1.20%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 10.30%. Gross margin FY2022 12.34%. Gross margin FY2023 17.67%. Gross margin FY2024 5.50%. Gross margin FY2025 7.43%. Operating margin FY2021 0.68%. Operating margin FY2022 5.87%. Operating margin FY2023 15.59%. Operating margin FY2024 -2.96%. Operating margin FY2025 0.78%. Net margin FY2021 -1.59%. Net margin FY2022 2.21%. Net margin FY2023 9.48%. Net margin FY2024 -8.02%. Net margin FY2025 -1.20%.

Income trends

Revenue

1.56B USD+12.42%

Operating income

12.2M USD+53.2M USD

Net income

−18.6M USD+83.23%
Income trends across reported periods2.3B USD1.42B USD546.4M USD−330M USDRevenue, FY2021: 1.77B USDRevenue, FY2022: 2.08B USDRevenue, FY2023: 1.14B USDRevenue, FY2024: 1.38B USDRevenue, FY2025: 1.56B USDOperating income, FY2021: 12M USDOperating income, FY2022: 122M USDOperating income, FY2023: 177.1M USDOperating income, FY2024: −41M USDOperating income, FY2025: 12.2M USDNet income, FY2021: −28.1M USDNet income, FY2022: 46M USDNet income, FY2023: 107.7M USDNet income, FY2024: −110.9M USDNet income, FY2025: −18.6M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.77B USD. Revenue FY2022 2.08B USD. Revenue FY2023 1.14B USD. Revenue FY2024 1.38B USD. Revenue FY2025 1.56B USD. Operating income FY2021 12M USD. Operating income FY2022 122M USD. Operating income FY2023 177.1M USD. Operating income FY2024 −41M USD. Operating income FY2025 12.2M USD. Net income FY2021 −28.1M USD. Net income FY2022 46M USD. Net income FY2023 107.7M USD. Net income FY2024 −110.9M USD. Net income FY2025 −18.6M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.56B USD1.38B USD1.14B USD2.08B USD1.77B USD
Cost of goods sold1.44B USD1.31B USD935.3M USD1.82B USD1.59B USD
Gross profit115.6M USD76.1M USD200.7M USD256.7M USD182.6M USD
Selling, general, and administrative99.8M USD116.3M USD120.3M USD110.9M USD114M USD
Operating expenses103.4M USD117.1M USD23.6M USD134.7M USD170.6M USD
Interest income1.8M USD2.9M USD2.4M USD1M USD600K USD
Interest expense16.5M USD32.1M USD11.9M USD35.6M USD37M USD
Depreciation and amortization92.4M USD69.8M USD40.7M USD103.3M USD105M USD
Operating income12.2M USD−41M USD177.1M USD122M USD12M USD
Net income−18.6M USD−110.9M USD107.7M USD46M USD−28.1M USD

Company facts updated Aug 24, 2026.

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