Latest revenue
$360.3M
as of 2026-03-31
Latest net income
$-12.8M
as of 2026-03-31
Net margin
-3.6%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $227.0M
- Enterprise value
- $227.0M
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $30.96
- 52-wk low
- $11.73
- Beta
- —
- Shares out
- 16.1M
5-year trend
What this company does
ITEM 1.Business GENERAL Clearwater Paper is recognized as a leading manufacturer and supplier of Solid Bleached Sulfate (SBS) paperboard packaging products, serving independent converters throughout North America. We participate in the North American paperboard market, which encompasses approximately 10 million tons and is divided into three principal substrates, each offering a diverse array of applications. SBS constitutes nearly fifty percent of the market, while Coated Unbleached Kraft (CUK) and Coated Recycled Board (CRB) comprise the remaining substrates. The paperboard products produced are inherently sustainable, aligning with prevailing trends that favor renewable and recyclable…
AI summary unavailable — showing raw filing excerpt
Generated from CLW's filing dated 2026-02-18
Key risks
ITEM 1A.Risk Factors Our business, financial condition, results of operations and liquidity are subject to various risks and uncertainties, including those described below, and as a result, the trading price of our common stock could decline. You should read the following risk factors carefully in connection with evaluating the Company’s business and the forward-looking information contained in this Annual Report. Any of the following risks and uncertainties could materially and adversely affect our business, financial condition, or operating results. While the Company believes it has identified and discussed below the key risk factors affecting our business, there may be additional risks…
AI summary unavailable — showing raw filing excerpt
Generated from CLW's filing dated 2026-02-18
Profitability
Operating margin
-2.7%
41.9%Net margin
-3.9%
127.2%Return on equity
-7.3%
131.7%Return on assets
-3.8%
132.4%Leverage
Debt / equity
0.92×
4.2%Long-term debt / equity
0.42×
27.0%Debt / assets
48.0%
2.2%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $360.3M | -4.7% | $-12.8M | -103.2% | -3.6% |
Q4 2025 2025-12-31 | $386.4M | -0.2% | $1.6M | -99.2% | 0.4% |
Q3 2025 2025-09-30 | $399.0M | +1.4% | $-53.3M | -1803.6% | -13.4% |
Q2 2025 2025-06-30 | $391.8M | +13.8% | $-2.1M | +75.6% | -0.5% |
Q1 2025 2025-03-31 | $378.2M | +46.1% | $-6.3M | -270.6% | -1.7% |
Q4 2024 2024-12-31 | $387.1M | — | $209.4M | — | 54.1% |
Q3 2024 2024-09-30 | $393.3M | +41.0% | $-2.8M | -115.1% | -0.7% |
Q2 2024 2024-06-30 | $344.4M | -34.3% | $-8.6M | -129.0% | -2.5% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Paperboard Mills · SIC 2631
Your notes
Keep private notes on CLW — thesis, target price, catalysts to watch.
Visible only to you. Never shared. Never used to train AI.
Insider activity
Insider buying
$0
Insider selling
$161.2K
Net activity
−$161.2K
Distinct insiders
1
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns CLW
Institutional value
$73.2M
Total shares held
5.2M
Distinct holders
57
-67 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | DIMENSIONAL FUND ADVISORS LP | 1.3M | $18.5M | -249 (-0.0%) | Trimmed |
| 2 | BlackRock, Inc. | 1.2M | $17.6M | -196.4K (-13.9%) | Trimmed |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 680.4K | $9.8M | — | New |
| 4 | JPMORGAN CHASE & CO | 298.5K | $4.2M | +123.6K (+70.6%) | Added |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC | 230.3K | $3.3M | — | New |
| 6 | Peapod Lane Capital LLC | 214.5K | $3.1M | +70.1K (+48.5%) | Added |
| 7 | BNP PARIBAS FINANCIAL MARKETS | 128.9K | $1.9M | +72.8K (+129.8%) | Added |
| 8 | WEDGE CAPITAL MANAGEMENT L L P/NC | 128.2K | $1.8M | -6.4K (-4.8%) | Trimmed |
| 9 | JANE STREET GROUP, LLC | 117.2K | $1.7M | -7.8K (-6.3%) | Trimmed |
| 10 | Assenagon Asset Management S.A. | 114.0K | $1.6M | +29.4K (+34.8%) | Added |
| 11 | VANGUARD FIDUCIARY TRUST CO | 101.2K | $1.5M | — | New |
| 12 | Allianz Asset Management GmbH | 98.0K | $1.4M | +51.0K (+108.6%) | Added |
| 13 | Bank of New York Mellon Corp | 49.7K | $714.4K | -2.9K (-5.5%) | Trimmed |
| 14 | Invesco Ltd. | 46.2K | $665.0K | -375 (-0.8%) | Trimmed |
| 15 | Nuveen, LLC | 41.4K | $595.7K | +216 (+0.5%) | Added |
| 16 | WOODMONT INVESTMENT COUNSEL LLC | 36.8K | $529.6K | +0 (+0.0%) | No change |
| 17 | D.A. DAVIDSON & CO. | 34.9K | $501.9K | -700 (-2.0%) | Trimmed |
| 18 | STRS OHIO | 29.8K | $428.5K | -2.0K (-6.3%) | Trimmed |
| 19 | UBS Group AG | 29.7K | $427.7K | -165.6K (-84.8%) | Trimmed |
| 20 | FIFTH THIRD BANCORP | 27.9K | $401.3K | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once CLW's latest filing finishes processing.