CLW (Clearwater Paper Corporation) Stock Financials & Earnings | Market Cap Arena

CLW (Clearwater Paper Corporation) Stock Financials & Earnings | Market Cap Arena

CLWClearwater Paper Corporation

Mkt Cap$229M

Basic Materials·Paper, Lumber & Forest Products·🇺🇸 United States·NYSE

Revenue (TTM)$1.6B

Net Income (TTM)-$21M

EPS (TTM)-$1.26

Free Cash Flow (TTM)-$77M

Gross Margin7.4%

Op. Margin0.3%

Net Margin-1.3%

FCF Margin-4.9%

P/S Ratio (TTM)0.1x

P/E Ratio (TTM)—

YoY Rev Growth-4.0%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$525M	$77M	$40M
Q2 23	$525M	$86M	$47M
Q3 23	$279M	$51M	$21M
Q4 23	$269M	$36M	$78M
Q1 24	$496M	$75M	$30M
Q2 24	$344M	-$2M	-$47M
Q3 24	$393M	$30M	-$1M
Q4 24	$387M	$15M	-$13M
Q1 25	$378M	$37M	-$4M
Q2 25	$392M	$43M	$10M
Q3 25	$399M	$19M	-$5M
Q4 25	$386M	$17M	$4M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	0.1x	4.3x
Q2 23	0.1x	3.4x
Q3 23	0.1x	2.7x
Q4 23	0.1x	2.1x
Q1 24	0.1x	2.3x
Q2 24	0.2x	7.7x
Q3 24	0.2x	—
Q4 24	0.1x	—
Q1 25	0.2x	—
Q2 25	0.1x	—
Q3 25	0.1x	—
Q4 25	0.1x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	-$9M	-$31M
Q2 23	$46M	$33M
Q3 23	$88M	$74M
Q4 23	$66M	$41M
Q1 24	$59M	$41M
Q2 24	$21M	$3M
Q3 24	$16M	-$31M
Q4 24	-$35M	-$68M
Q1 25	$2M	-$31M
Q2 25	-$28M	-$51M
Q3 25	$34M	$16M
Q4 25	$5M	-$10M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$22M
Q2 23	$13M
Q3 23	$14M
Q4 23	$25M
Q1 24	$19M
Q2 24	$18M
Q3 24	$47M
Q4 24	$33M
Q1 25	$33M
Q2 25	$23M
Q3 25	$18M
Q4 25	$15M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+7.6%	+6.7%
Q2 23	-0.3%	-3.6%
Q3 23	-48.2%	-47.3%
Q4 23	-49.0%	-63.8%
Q1 24	-5.6%	-4.1%
Q2 24	-34.3%	-18.0%
Q3 24	+41.0%	+52.8%
Q4 24	+44.1%	+109.9%
Q1 25	-23.8%	-17.9%
Q2 25	+13.8%	-2.4%
Q3 25	+1.4%	+2.4%
Q4 25	-0.2%	-4.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$4M	1.3%
Q4 23	$3M	1.1%
Q1 24	$3M	0.7%
Q2 24	$5M	1.4%
Q3 24	-$900K	-0.2%
Q4 24	$0	0.0%
Q1 25	$1M	0.3%
Q2 25	$3M	0.6%
Q3 25	$600K	0.2%
Q4 25	-$300K	-0.1%

OpEx Breakdown

Quarter	G&A	SG&A
Q1 23	—	$36M
Q2 23	—	$39M
Q3 23	—	$29M
Q4 23	—	$32M
Q1 24	$37M	—
Q2 24	—	$32M
Q3 24	—	$28M
Q4 24	—	$27M
Q1 25	—	$29M
Q2 25	—	$27M
Q3 25	—	$24M
Q4 25	—	$21M

Revenue Segments

Quarter	Other	Paperboard	Pulp	Retail tissue
Q1 23	$5M	$273M	$3M	$246M
Q2 23	$3M	$263M	$7M	$253M
Q3 24	$6M	$375M	$12M	—

Revenue by Geography

Quarter

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$17M	$0	$17M
Q2 23	$42M	$0	$42M
Q3 23	$110M	$0	$110M
Q4 23	$42M	$0	$42M
Q1 24	$55M	$0	$55M
Q2 24	$40M	$0	$40M
Q3 24	$36M	$0	$36M
Q4 24	$80M	$0	$80M
Q1 25	$44M	$0	$44M
Q2 25	$47M	$0	$47M
Q3 25	$34M	$0	$34M
Q4 25	$31K	$0	$31K

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	17M	-1.0%
Q2 23	17M	-0.5%
Q3 23	17M	-0.4%
Q4 23	17M	-0.2%
Q1 24	17M	+0.2%
Q2 24	17M	-1.4%
Q3 24	17M	-0.2%
Q4 24	17M	+1.0%
Q1 25	16M	-2.4%
Q2 25	16M	-0.8%
Q3 25	16M	-0.6%
Q4 25	16M	-0.5%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$598K	3K
FY 15	$531K	3K
FY 16	$515K	3K
FY 17	$528K	3K
FY 18	$551K	3K
FY 19	$535K	3K
FY 20	$559K	3K
FY 21	$591K	3K
FY 22	$693K	3K
FY 23	$366K	3K
FY 24	$629K	2K
FY 25	$819K	2K