Clearwater Paper Corp (CLW) stock
CLWNYSEPaperboard MillsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 26, 2026Score 5/30142% above fair value
$14.56+0.59 (+4.22%)
Close on Nov 13, 2026Market cap $235.02MP/E 91.0Yield –
Clearwater Paper gross margin
Gross margin is gross profit as a percentage of revenue.
Clearwater Paper's gross margin for the twelve months ending Sep 30, 2026 was 1.8%. For fiscal 2025 it was 7.4%, against 5.5% the year before. The highest annual figure on record is 17.8% in fiscal 2022.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 7.4% | +1.9 |
| FY2024 | Dec 31, 2024 | 5.5% | −12.2 |
| FY2023 | Dec 31, 2023 | 17.7% | −0.1 |
| FY2022 | Dec 31, 2022 | 17.8% | +7.5 |
| FY2021 | Dec 31, 2021 | 10.3% | −5.4 |
| FY2020 | Dec 31, 2020 | 15.7% | +6.4 |
| FY2019 | Dec 31, 2019 | 9.3% | −1.5 |
| FY2018 | Dec 31, 2018 | 10.9% | −1.2 |
| FY2017 | Dec 31, 2017 | 12.1% | −1.8 |
| FY2016 | Dec 31, 2016 | 13.9% | +0.2 |
| FY2015 | Dec 31, 2015 | 13.7% | +0.5 |
| FY2014 | Dec 31, 2014 | 13.1% | +1.6 |
| FY2013 | Dec 31, 2013 | 11.6% | −2.7 |
| FY2012 | Dec 31, 2012 | 14.2% | +2.5 |
| FY2011 | Dec 31, 2011 | 11.7% | −2.8 |
| FY2010 | Dec 31, 2010 | 14.5% | −1.3 |
| FY2009 | Dec 31, 2009 | 15.8% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 5.5% | +0.8 |
| Q2 FY2026 | Jun 30, 2026 | -2.8% | −13.7 |
| Q1 FY2026 | Mar 31, 2026 | -0.2% | −10.0 |
| Q4 FY2025 | Dec 31, 2025 | 4.5% | +0.7 |
| Q3 FY2025 | Sep 30, 2025 | 4.7% | −3.0 |
| Q2 FY2025 | Jun 30, 2025 | 11.0% | +11.6 |
| Q1 FY2025 | Mar 31, 2025 | 9.7% | −3.2 |
| Q4 FY2024 | Dec 31, 2024 | 3.8% | −9.6 |
| Q3 FY2024 | Sep 30, 2024 | 7.7% | −10.5 |
| Q2 FY2024 | Jun 30, 2024 | -0.6% | −17.7 |
| Q1 FY2024 | Mar 31, 2024 | 12.9% | −8.7 |
| Q4 FY2023 | Dec 31, 2023 | 13.4% | +6.6 |
| Q3 FY2023 | Sep 30, 2023 | 18.2% | +2.6 |
| Q2 FY2023 | Jun 30, 2023 | 17.1% | +3.6 |
| Q1 FY2023 | Mar 31, 2023 | 21.6% | +8.0 |
| Q4 FY2022 | Dec 31, 2022 | 6.7% | −5.7 |
| Q3 FY2022 | Sep 30, 2022 | 15.6% | +4.0 |
| Q2 FY2022 | Jun 30, 2022 | 13.5% | +10.0 |
| Q1 FY2022 | Mar 31, 2022 | 13.6% | +0.6 |
| Q4 FY2021 | Dec 31, 2021 | 12.4% | −4.5 |
| Q3 FY2021 | Sep 30, 2021 | 11.6% | −5.6 |
| Q2 FY2021 | Jun 30, 2021 | 3.5% | −14.0 |
| Q1 FY2021 | Mar 31, 2021 | 13.0% | +1.5 |
| Q4 FY2020 | Dec 31, 2020 | 16.9% | +5.1 |
| Q3 FY2020 | Sep 30, 2020 | 17.2% | +11.3 |
| Q2 FY2020 | Jun 30, 2020 | 17.5% | +8.1 |
| Q1 FY2020 | Mar 31, 2020 | 11.5% | +1.1 |
| Q4 FY2019 | Dec 31, 2019 | 11.8% | +0.9 |
| Q3 FY2019 | Sep 30, 2019 | 6.0% | −5.8 |
| Q2 FY2019 | Jun 30, 2019 | 9.3% | −1.1 |
| Q1 FY2019 | Mar 31, 2019 | 10.4% | +0.2 |
| Q4 FY2018 | Dec 31, 2018 | 10.8% | −3.2 |
| Q3 FY2018 | Sep 30, 2018 | 11.8% | +2.5 |
| Q2 FY2018 | Jun 30, 2018 | 10.4% | −0.9 |
| Q1 FY2018 | Mar 31, 2018 | 10.2% | −1.3 |
| Q4 FY2017 | Dec 31, 2017 | 14.0% | +0.6 |
| Q3 FY2017 | Sep 30, 2017 | 9.3% | – |
| Q2 FY2017 | Jun 30, 2017 | 11.3% | – |
| Q1 FY2017 | Mar 31, 2017 | 11.5% | – |
| Q4 FY2016 | Dec 31, 2016 | 13.4% | – |
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