Clearwater Paper Corp - Understand $clw stock

$CLW Market Cap: $450.1 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.989B

TTM

Gross Margin

10.87%

TTM

Net Earnings

$14.80M

TTM

Current Assets

$731.9M

Q3 2024

Current Liabilities

$412.1M

Q3 2024

Current Ratio

177.6%

Q3 2024

Total Assets

$2.489B

Q3 2024

Total Liabilities

$1.824B

Q3 2024

Book Value

$664.6M

Q3 2024

Cash

$35.50M

Q3 2024

P/E

30.42

Nov 29, 2024 EST

Free Cash Flow

$53.20M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$2.083B	$2.080B	$1.773B	$1.869B	$1.762B	$1.724B	$1.730B	$1.735B	$1.752B	$1.967B	$1.890B	$1.874B	$1.928B	$1.373B	$1.250B	$1.255B	$1.183B	$1.117B
YoY Change	0.13%	17.35%	-5.14%	6.08%	2.16%	-0.36%	-0.25%	-1.01%	-10.92%	4.09%	0.83%	-2.78%	40.42%	9.83%	-0.41%	6.11%	5.92%	13.62%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$2.083B	$2.080B	$1.773B	$1.869B	$1.762B	$1.724B	$1.730B	$1.735B	$1.752B	$1.967B	$1.890B	$1.874B	$1.928B	$1.373B	$1.250B	$1.255B	$1.183B	$1.117B
Cost Of Revenue	$1.752B	$1.823B	$1.590B	$1.574B	$1.597B	$1.537B	$1.521B	$1.494B	$1.513B	$1.709B	$1.671B	$1.608B	$1.703B	$1.174B	$1.052B	$1.179B	$1.084B	$1.034B
Gross Profit	$330.8M	$256.7M	$182.6M	$294.2M	$164.5M	$187.5M	$209.2M	$241.2M	$239.6M	$258.3M	$218.5M	$266.4M	$225.4M	$199.2M	$197.9M	$75.90M	$99.20M	$83.30M
Gross Profit Margin	15.88%	12.34%	10.3%	15.74%	9.34%	10.87%	12.09%	13.9%	13.67%	13.13%	11.56%	14.21%	11.69%	14.51%	15.83%	6.05%	8.39%	7.46%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Selling, General & Admin	$148.3M	$133.0M	$112.9M	$122.0M	$112.8M	$107.8M	$121.2M	$128.2M	$115.9M	$130.1M	$119.1M	$121.0M	$110.0M	$100.4M	$71.10M	$47.40M	$46.80M	$45.50M
YoY Change	11.5%	17.8%	-7.46%	8.16%	4.64%	-11.06%	-5.46%	10.63%	-10.93%	9.21%	-1.58%	10.04%	9.57%	41.2%	50.0%	1.28%	2.86%	29.26%
% of Gross Profit	44.83%	51.81%	61.83%	41.47%	68.57%	57.49%	57.93%	53.15%	48.37%	50.37%	54.53%	45.43%	48.79%	50.41%	35.93%	62.45%	47.18%	54.62%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$98.60M	$103.3M	$105.0M	$111.0M	$115.6M	$101.9M	$105.0M	$91.09M	$84.73M	$90.15M	$90.27M	$79.33M	$76.93M	$47.73M	$47.40M	$47.00M	$51.30M	$54.30M
YoY Change	-4.55%	-1.62%	-5.41%	-3.98%	13.44%	-2.95%	15.27%	7.5%	-6.0%	-0.14%	13.79%	3.12%	61.19%	0.69%	0.85%	-8.38%	-5.52%	-1.09%
% of Gross Profit	29.81%	40.24%	57.5%	37.73%	70.27%	54.35%	50.19%	37.76%	35.37%	34.9%	41.32%	29.78%	34.13%	23.96%	23.95%	61.92%	51.71%	65.19%
Operating Expenses	$148.3M	$133.0M	$112.9M	$122.0M	$112.8M	$107.8M	$121.2M	$128.2M	$115.9M	$130.1M	$119.1M	$121.0M	$110.0M	$100.4M	$71.10M	$47.40M	$46.80M	$37.10M
YoY Change	11.5%	17.8%	-7.46%	8.16%	4.64%	-11.06%	-5.46%	10.63%	-10.93%	9.21%	-1.58%	10.04%	9.57%	41.2%	50.0%	1.28%	26.15%	-96.23%
Operating Profit	$177.1M	$113.9M	$12.00M	$158.1M	$45.40M	-$97.90M	$71.20M	$114.8M	$123.7M	$79.81M	$99.33M	$145.4M	$115.4M	$98.77M	$126.8M	$28.50M	$52.40M	$46.20M
YoY Change	55.49%	849.17%	-92.41%	248.24%	-146.37%	-237.5%	-37.96%	-7.2%	54.95%	-19.65%	-31.68%	25.94%	16.89%	-22.11%	344.91%	-45.61%	13.42%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Interest Expense	$31.90M	$34.20M	$35.50M	$44.40M	$49.80M	$39.50M	-$31.40M	-$30.65M	-$31.18M	-$39.15M	-$44.04M	-$33.80M	-$44.81M	-$22.57M	-$15.50M	-$13.10M	-$13.00M	-$13.00M
YoY Change	-6.73%	-3.66%	-20.05%	-10.84%	26.08%	-225.8%	2.44%	-1.7%	-20.35%	-11.1%	30.3%	-24.58%	98.52%	45.62%	18.32%	0.77%	0.0%	3.17%
% of Operating Profit	18.01%	30.03%	295.83%	28.08%	109.69%		-44.1%	-26.71%	-25.21%	-49.05%	-44.33%	-23.25%	-38.81%	-22.85%	-12.22%	-45.96%	-24.81%	-28.14%
Other Income/Expense, Net	-$33.00M	-$40.90M	-$47.70M	-$59.90M	-$53.30M	-$35.60M	$1.100M	-$3.400M			$0.00	$0.00	$284.0K	$0.00	$0.00
YoY Change	-19.32%	-14.26%	-20.37%	12.38%	49.72%	-3336.36%	-132.35%					-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Pretax Income	$144.2M	$73.10M	-$35.70M	$98.20M	-$7.900M	-$133.5M	$40.90M	$80.67M	$92.49M	$16.25M	$38.90M	$111.3M	$72.16M	$76.20M	$275.7M	$15.30M	$39.40M	$33.30M
YoY Change	97.26%	-304.76%	-136.35%	-1343.04%	-94.08%	-426.41%	-49.3%	-12.78%	469.05%	-58.22%	-65.04%	54.22%	-5.3%	-72.36%	1701.96%	-61.17%	18.32%	-331.25%
Income Tax	$36.40M	$27.00M	-$7.700M	$21.10M	-$2.300M	$10.30M	-$56.40M	$31.11M	$36.51M	$18.56M	-$68.72M	$47.46M	$31.25M	$2.396M	$93.20M	$5.600M	$14.10M	$12.40M
% Of Pretax Income	25.24%	36.94%		21.49%			-137.9%	38.57%	39.47%	114.17%	-176.66%	42.65%	43.3%	3.14%	33.8%	36.6%	35.79%	37.24%
Net Earnings	$107.7M	$46.00M	-$28.10M	$77.10M	-$5.600M	-$143.8M	$97.30M	$49.55M	$55.98M	-$2.315M	$107.0M	$64.13M	$39.67M	$73.80M	$182.5M	$9.700M	$25.30M	$20.90M
YoY Change	134.13%	-263.7%	-136.45%	-1476.79%	-96.11%	-247.79%	96.35%	-11.48%	-2518.27%	-102.16%	66.78%	61.64%	-46.24%	-59.56%	1781.44%	-61.66%	21.05%	-345.88%
Net Earnings / Revenue	5.17%	2.21%	-1.59%	4.13%	-0.32%	-8.34%	5.62%	2.86%	3.19%	-0.12%	5.66%	3.42%	2.06%	5.38%	14.6%	0.77%	2.14%	1.87%
Basic Earnings Per Share	$6.39	$2.71	-$1.67	$4.65	-$0.34	-$8.72	$5.91	$2.91	$2.98	-$0.11	$4.84	$2.75	$1.73	$3.22
Diluted Earnings Per Share	$6.30	$2.68	-$1.67	$4.61	-$0.34	-$8.72	$5.88	$2.90	$2.97	-$0.11	$4.80	$2.72	$1.66	$3.12	$7.766M	$427.3K	$1.115M	$920.7K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Cash & Short-Term Investments	$42.00M	$53.70M	$25.20M	$35.90M	$20.00M	$22.50M	$15.70M	$23.00M	$5.900M	$77.30M	$93.70M	$32.60M	$63.40M	$145.0M	$190.8M	$14.00M	$0.00	$200.0K
YoY Change	-21.79%	113.1%	-29.81%	79.5%	-11.11%	43.31%	-31.74%	289.83%	-92.37%	-17.5%	187.42%	-48.58%	-56.28%	-24.0%	1262.86%		-100.0%
Cash & Equivalents
Short-Term Investments								$0.00	$300.0K	$50.00M	$70.00M	$20.00M	$55.00M	$126.1M	$187.9M	$10.80M	$0.00
Other Short-Term Assets	$17.80M	$19.80M	$16.90M	$15.10M	$5.000M	$3.400M	$8.700M	$8.700M	$11.60M	$26.70M	$44.50M	$29.40M	$51.60M	$52.40M	$16.00M	$17.20M	$10.00M	$10.00M
YoY Change	-10.1%	17.16%	11.92%	202.0%	47.06%	-60.92%	0.0%	-25.0%	-56.55%	-40.0%	51.36%	-43.02%	-1.53%	227.5%	-6.98%	72.0%	0.0%
Inventory	$319.8M	$324.0M	$277.7M	$263.3M	$281.4M	$266.2M	$266.0M	$258.0M	$255.6M	$286.6M	$267.8M	$231.5M	$244.1M	$228.3M	$169.8M	$154.4M	$142.5M	$135.3M
Prepaid Expenses
Receivables	$179.7M	$178.2M	$161.3M	$144.6M	$159.1M	$145.5M	$142.1M	$147.1M	$139.1M	$133.9M	$158.9M	$154.1M	$176.2M	$153.3M	$94.50M	$104.0M	$95.20M	$114.0M
Other Receivables	$4.800M	$10.60M	$6.100M	$16.00M	$300.0K	$6.300M	$20.20M	$9.700M	$14.80M	$1.300M	$10.50M	$20.90M	$10.00M	$10.40M	$101.3M	$0.00	$0.00	$0.00
Total Short-Term Assets	$564.1M	$586.3M	$487.2M	$474.9M	$465.8M	$443.9M	$452.8M	$446.5M	$426.9M	$525.8M	$575.4M	$468.5M	$545.3M	$589.5M	$572.3M	$289.6M	$247.7M	$259.4M
YoY Change	-3.79%	20.34%	2.59%	1.95%	4.93%	-1.97%	1.41%	4.59%	-18.81%	-8.62%	22.82%	-14.08%	-7.5%	3.01%	97.62%	16.92%	-4.51%
Property, Plant & Equipment	$990.1M	$1.017B	$1.082B	$1.255B	$1.331B	$1.269B	$1.051B	$945.3M	$866.5M	$811.0M	$884.7M	$877.4M	$735.6M	$654.5M	$364.0M	$389.9M	$413.1M	$441.8M
YoY Change	-2.65%	-5.98%	-13.8%	-5.7%	4.85%	20.77%	11.18%	9.09%	6.84%	-8.33%	0.83%	19.28%	12.39%	79.81%	-6.64%	-5.62%	-6.5%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$111.2M	$91.50M	$110.3M	$21.70M	$29.10M	$15.70M	$21.80M	$7.800M	$4.800M	$8.300M	$14.40M	$10.30M	$11.10M	$15.50M	$11.10M	$3.800M	$37.20M	$40.20M
YoY Change	21.53%	-17.04%	408.29%	-25.43%	85.35%	-27.98%	179.49%	62.5%	-42.17%	-42.36%	39.81%	-7.21%	-28.39%	39.64%	192.11%	-89.78%	-7.46%
Total Long-Term Assets	$1.108B	$1.117B	$1.203B	$1.326B	$1.412B	$1.344B	$1.350B	$1.238B	$1.101B	$1.053B	$1.169B	$1.165B	$1.026B	$955.8M	$375.2M	$393.7M	$450.3M	$482.0M
YoY Change	-0.85%	-7.12%	-9.25%	-6.12%	5.04%	-0.39%	9.02%	12.48%	4.48%	-9.93%	0.38%	13.55%	7.34%	154.74%	-4.7%	-12.57%	-6.58%
Total Assets	$1.672B	$1.704B	$1.690B	$1.800B	$1.878B	$1.788B	$1.802B	$1.684B	$1.527B	$1.579B	$1.745B	$1.634B	$1.571B	$1.545B	$947.5M	$683.3M	$698.0M	$741.4M
YoY Change
Accounts Payable	$163.8M	$213.0M	$168.3M	$143.4M	$149.6M	$228.1M	$169.3M	$128.1M	$128.0M	$122.9M	$108.2M	$75.90M	$65.00M	$91.70M	$40.70M	$41.00M	$38.70M	$33.10M
YoY Change	-23.1%	26.56%	17.36%	-4.14%	-34.41%	34.73%	32.16%	0.08%	4.15%	13.59%	42.56%	16.77%	-29.12%	125.31%	-0.73%	5.94%	16.92%
Accrued Expenses	$121.3M	$98.10M	$67.50M	$83.00M	$98.40M	$86.70M	$80.40M	$88.60M	$87.20M	$87.30M	$76.10M	$82.70M	$68.30M	$74.20M	$49.20M	$55.00M	$68.30M	$51.00M
YoY Change	23.65%	45.33%	-18.67%	-15.65%	13.49%	7.84%	-9.26%	1.61%	-0.11%	14.72%	-7.98%	21.08%	-7.95%	50.81%	-10.55%	-19.47%	33.92%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$120.8M	$155.0M	$135.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$8.400M	$8.900M	$150.0M	$0.00	$0.00
YoY Change					-100.0%	-22.06%	14.81%						-100.0%	-5.62%	-94.07%
Long-Term Debt Due	$800.0K	$900.0K	$1.600M	$1.700M	$17.90M								$0.00	$800.0K	$0.00
YoY Change	-11.11%	-43.75%	-5.88%	-90.5%									-100.0%
Total Short-Term Liabilities	$286.0M	$312.0M	$254.1M	$244.8M	$280.4M	$449.3M	$419.3M	$366.5M	$227.9M	$223.7M	$199.4M	$174.7M	$154.5M	$195.1M	$119.7M	$275.6M	$119.2M	$92.30M
YoY Change	-8.33%	22.79%	3.8%	-12.7%	-37.59%	7.15%	14.41%	60.82%	1.88%	12.19%	14.14%	13.07%	-20.81%	62.99%	-56.57%	131.21%	29.14%
Long-Term Debt	$462.3M	$564.9M	$637.6M	$716.4M	$884.5M	$698.7M	$597.0M	$592.9M	$593.0M	$593.0M	$674.8M	$549.2M	$523.7M	$538.3M	$148.3M	$0.00	$100.0M	$100.0M
YoY Change	-18.16%	-11.4%	-11.0%	-19.01%	26.59%	17.04%	0.69%	-0.02%	0.0%	-12.12%	22.87%	4.87%	-2.71%	262.98%		-100.0%	0.0%
Other Long-Term Liabilities	$104.3M	$94.00M	$116.3M	$160.0M	$159.5M	$92.50M	$92.10M	$102.9M	$113.4M	$153.2M	$140.6M	$308.5M	$338.9M	$282.5M	$315.7M	$224.9M	$135.9M	$131.9M
YoY Change	10.96%	-19.17%	-27.31%	0.31%	72.43%	0.43%	-10.5%	-9.26%	-25.98%	8.96%	-54.42%	-8.97%	19.96%	-10.52%	40.37%	65.49%	3.03%
Total Long-Term Liabilities	$566.6M	$658.9M	$753.9M	$876.4M	$1.044B	$791.2M	$689.1M	$695.8M	$706.4M	$746.2M	$815.4M	$857.7M	$862.6M	$820.8M	$464.0M	$224.9M	$235.9M	$231.9M
YoY Change	-14.01%	-12.6%	-13.98%	-16.05%	31.95%	14.82%	-0.96%	-1.5%	-5.33%	-8.49%	-4.93%	-0.57%	5.09%	76.9%	106.31%	-4.66%	1.72%
Total Liabilities	$1.003B	$1.131B	$1.178B	$1.279B	$1.446B	$1.362B	$1.227B	$1.215B	$1.053B	$1.082B	$1.140B	$1.093B	$1.086B	$1.077B	$583.7M	$502.3M	$429.9M	$407.5M
YoY Change	-11.35%	-3.99%	-7.89%	-11.51%	6.17%	11.0%	1.01%	15.39%	-2.69%	-5.1%	4.31%	0.57%	0.87%	84.51%	16.21%	16.84%	5.5%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	16.86M shares	16.99M shares	16.77M shares	16.57M shares	16.53M shares	16.49M shares	16.46M shares	17.00M shares	18.76M shares	20.13M shares	22.08M shares	23.30M shares	22.91M shares	22.95M shares
Diluted Shares Outstanding	17.09M shares	17.18M shares	16.77M shares	16.72M shares	16.53M shares	16.49M shares	16.56M shares	17.11M shares	18.82M shares	20.13M shares	22.26M shares	23.61M shares	23.95M shares	23.67M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $450.15 Million

About Clearwater Paper Corp

Clearwater Paper Corp. engages in the manufacturing and selling of private label tissue, paperboard, and pulp-based products. The company is headquartered in Spokane, Washington and currently employs 3,100 full-time employees. The company went IPO on 2008-12-05. The firm produces quality paperboard that provides sustainable packaging solutions for consumer goods and food service applications. The firm operates through Pulp and Paperboard segment that markets and manufactures bleached paperboard for the high-end segment of the packaging industry and is a producer of Solid Bleached Sulfate (SBS) paperboard. The Pulp and Paperboard segment produces hardwood and softwood pulp, which is primarily used as the basis for its paperboard products. The company supplies bleached paperboard to quality-conscious printers and packaging converters, and offer services that include custom sheeting, slitting and cutting. SBS paperboard is a premium paperboard grade that is used to produce folding cartons, liquid packaging, cups and plates, blister and carded packaging, top sheet and commercial printing items.

Industry: Paperboard Mills Peers: Sugarmade, Inc. Magnera Corp Sylvamo Corp