Clearfield, Inc.
Close on Oct 19, 2026
- Market cap
- $415.92M
- P/E (TTM)
- –
- Dividend yield
- –
About Clearfield
Telephone & Telegraph Apparatus, SIC 3661
Clearfield designs, manufactures, and distributes fiber protection, management, and delivery products for broadband networks. The company operates in one reportable segment after divesting its cable subsidiary. Its product portfolio includes fiber management cassettes, active cabinets, pedestals, access terminals, pathway microducts, connector cleaning tools, and optical assemblies. Clearfield distributes these solutions directly and through distributors to customers including community broadband providers, cable television operators, regional service providers, national telecommunications carriers, and equipment manufacturers.
Clearfield is headquartered in Brooklyn Park, Minnesota. It conducts primary assembly operations at facilities in Brooklyn Park and Tijuana, Mexico, supported by third-party manufacturing partners. The company employs roughly 243 full-time staff in the United States and contracts approximately 375 workers in Mexico. Geographically, Clearfield operates mainly in North America, while also serving customers in Europe, Canada, Mexico, the Caribbean, and Central and South America.
Summary of the business section of Clearfield's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Clearfield, Inc.
- Founded
- 1979
- Headquarters
- Brooklyn Park, MN
- Address
- 7050 Winnetka Ave. N., Suite 100 55428
- Phone
- (763) 476-6866
- Website
- seeclearfield.com
- Employees
- 243, Sep 30, 2025
- Industry
- Telephone & Telegraph Apparatus
- Incorporated in
- Minnesota
- Fiscal year ends
- September 30
- Auditor
- Deloitte & Touche LLP, Minneapolis, Minnesota
Stock & identifiers
- Ticker
- CLFD
- Exchange
- Nasdaq
- Shares outstanding
- 14M, Jul 31, 2026
- Public float
- $347.40M, Mar 31, 2025
- Filer category
- Accelerated filer
- Stock splits
- 2-for-1, Apr 3, 1989
- SEC CIK
- 796505
- CUSIP
- 18482P103
- ISIN
- US18482P1030
- LEI
- 529900M4S2OQ1ADPR537
- EIN
- 41-1347235
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Cheryl Beranek | Chief Executive Officer, Director | 492,973 |
| Anis Khemakhem | Chief Commercial Officer | 25,284 |
| Daniel R. Herzog | Chief Financial Officer | 85,834 |
| John P. Hill | Chief Operating Officer | 192,674 |
| Walter Louis Jones JR | Director | 8,682 |
| Rebecca Seidel | Director | 2,870 |
| Ademir Sarcevic | Director | 5,317 |
| Ronald G. Roth | Director | 1,458,568 |
| Kathleen Skarvan | Director | 2,870 |
| Carol Ann Wirsbinski | Director | 9,631 |
| Catherine T. Kelly | Director | 5,317 |
| Donald R. Hayward | Director | 10,870 |
| Charles N. Hayssen | Director | 142,328 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $1.61M | $3.30M | $1.28M | $170 | $243 |
| FY2024 | $1.59M | $1.45M | $1.28M | $193 | $169 |
| FY2023 | $1.06M | -$2.35M | $864.08K | $143 | $150 |
| FY2022 | $1.97M | $6.01M | $1.46M | $519 | $114 |
| FY2021 | $1.52M | $3.17M | $1.11M | $219 | $140 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of September 30, 2025, Clearfield had approximately 243 full-time employees, all of which were based in the United States, excluding employees associated with the discontinued operations of the Nestor Cables business.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Nov 21, 2024 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jul 28, 2022 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Feb 21, 2018 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Dec 5, 2013 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Dec 21, 2007 | Name change | Name changed from APA Enterprises, Inc. to Clearfield, Inc. |
| Jul 27, 2007 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 29, 2007 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 15, 2006 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 5, 2004 | Name change | Name changed from APA OPTICS INC /MN/ to APA Enterprises, Inc. |
| Jun 30, 1999 | Late filing | Notification of late filing |