CLW vs PKG vs AMCR Stock Comparison

Clearwater Paper, Packaging Corp Of America and Amcor Prices as of Oct 26, 2026 Peers: Industry group
CLW Clearwater Paper Corp
$19.20 -5.8% 1M -3.7% 1Y
Market cap
$309.92M
P/E
129.1x
Revenue (TTM)
$1.51B
Div. yield
–
Paper Packaging Basic Materials
PKG Packaging Corp Of America
$253.80 +7.0% 1M +23.9% 1Y
Market cap
$22.61B
P/E
30.9x
Revenue (TTM)
$9.82B
Div. yield
2.17%
Paper Packaging Basic Materials
4 wins
AMCR Amcor plc
$46.19 +8.7% 1M +13.5% 1Y
Market cap
$21.36B
P/E
19.3x
Revenue (TTM)
$23.51B
Div. yield
5.63%
Plastic Packaging Basic Materials
8 wins

Head to Head

12 decided of 12

Amcor leads on 8 of the 12 questions below (Amcor 8, Packaging Corp Of America 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCLWPKGAMCRLeader
Larger companyMarket capitalisation $309.92M $22.61B $21.36B PKG
Cheaper on earningsLower P/E, profitable companies only 129.1x 30.9x 19.3x AMCR
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 23.2x 11.4x AMCR
Faster revenue growthRevenue growth, trailing twelve months -3.2% +12.0% +56.6% AMCR
More profitableNet margin, trailing twelve months 0.2% — 4.7% AMCR
Better return on capitalReturn on invested capital -1.3% — 6.1% AMCR
Less leveragedLower net debt / EBITDA 7.6x — 3.8x AMCR
Higher dividend yieldTrailing dividend yield — 2.17% 5.63% AMCR
Better 1-year returnPrice return, last 12 months -3.7% +23.9% +13.5% PKG
Better 5-year returnAnnualised price return, 5 years -14.3%/yr +13.4%/yr -5.1%/yr PKG
Less volatileAnnualised volatility, 1 year 52.7% 28.0% 31.7% PKG
Higher overall scoreMean of the five percentile scores vs peers 53/100 30/100 66/100 AMCR

Percentile Scorecard

CLWPKGAMCR

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCLWPKGAMCR
Valuation 100 #1 of 16 13 #14 of 16 40 #10 of 16
Growth 40 #10 of 16 53 #8 of 16 93 #2 of 16
Profitability 36 #10 of 15 – 79 #4 of 15
Financial Health 57 #7 of 15 – 43 #9 of 15
Shareholder Returns 31 #10 of 14 23 #11 of 14 77 #4 of 14
Overall 53 30 66
  • CLW ranked among 17 companies in Packaging
  • PKG ranked among 17 companies in Packaging
  • AMCR ranked among 17 companies in Packaging

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCLWPKGAMCRSPY
1 month -5.8%+7.0%+8.7% -0.8%
3 months +11.0%+0.5%+2.1% +3.5%
6 months +31.3%+19.4%+18.3% +7.0%
Year to date +10.3%+23.1%+10.8% +12.2%
1 year -3.7%+23.9%+13.5% +13.0%
3 years -44.4%+69.0%+6.7% +86.3%
3 years, per year -17.8%+19.1%+2.2% +23.1%
5 years -53.8%+87.4%-23.2% +68.6%
5 years, per year -14.3%+13.4%-5.1% +11.0%
10 years -63.9%+213.1%— +258.0%
10 years, per year -9.7%+12.1%— +13.6%

Risk

MeasureCLWPKGAMCRSPY
Volatility, 1Y 52.7%28.0%31.7% 12.7%
Downside volatility, 1Y 50.6%25.8%29.2% 12.7%
Beta vs S&P 500, 1Y 0.920.710.83 1.00
Return / volatility, 1Y -0.070.850.43 1.02
Max drawdown, 5Y -77.8%-32.7%-45.6% -25.4%
From 52-week high -17.6%-1.4%-8.7% -1.8%
52-week high $23.30$257.38$50.58 $779.14
52-week low $12.44$191.68$36.69 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCLWPKGAMCR
P/E now vs peer median 129.1xmedian 19.3x 30.9xmedian 19.3x 19.3xmedian 19.3x
P/S now vs peer median 0.2xmedian 0.7x 2.3xmedian 0.7x 0.9xmedian 0.7x
EV/EBITDA now vs peer median 12.1xmedian 9.7x —median 9.7x 10.0xmedian 9.7x
P/FCF now vs peer median 5.5xmedian 15.7x 28.1xmedian 15.7x 17.4xmedian 15.7x
P/B now vs peer median 0.4xmedian 1.4x —median 1.4x 1.8xmedian 1.4x
PEG now vs peer median -1.87median 0.82 -12.62median 0.82 -1.56median 0.82

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCLWPKGAMCR
Revenue $1.51B $9.82B $23.51B
Gross profit $27.10M $2.02B $4.69B
Operating income -$24.30M $1.10B $1.90B
Net income $2.40M – $1.11B
Free cash flow $56.80M – $1.23B
R&D – – $170.00M
EPS (diluted) $0.15 $8.17 $2.38
Cash & equivalents $35.70M – $1.12B
Total debt $567.40M – $14.01B
Shares (diluted) 16.13M 89.00M 463.80M
Enterprise value $111.62M $22.61B $16.78B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCLWPKGAMCR
P/E 129.1x 30.9x 19.3x
P/FCF 5.5x 28.1x 17.4x
P/Operating cash flow 2.9x – 9.9x
P/S 0.2x 2.3x 0.9x
P/B 0.4x – 1.8x
P/Tangible book 0.4x – 4.1x
EV/EBITDA 12.1x – 10.0x
EV/EBIT -34.6x – 18.0x
EV/Revenue 0.6x 2.3x 1.5x
EV/FCF 14.8x – 27.9x
EV/Operating cash flow 8.0x – 15.9x
PEG (3Y EPS CAGR) -1.87 -12.62 -1.56

Growth

14 metrics
MetricCLWPKGAMCR
Revenue growth (1Y) -3.2% 12.0% 56.6%
Revenue CAGR (3Y) 43.6% 7.8% 17.0%
Gross profit growth (1Y) -76.0% 5.5% 65.5%
Gross profit CAGR (3Y) 28.2% 5.1% 19.8%
Operating income growth (1Y) 62.7% -11.6% 88.2%
Operating income CAGR (3Y) -31.2% -0.2% 8.0%
Net income growth (1Y) -98.3% – 113.5%
Net income CAGR (3Y) -69.5% – 1.5%
EPS growth (1Y) -98.3% -18.0% 48.7%
EPS CAGR (3Y) -69.0% -2.4% -12.4%
Operating cash flow growth (1Y) 478.1% – 54.7%
Operating cash flow CAGR (3Y) -9.6% – 19.5%
Free cash flow growth (1Y) 142.2% – 51.7%
Free cash flow CAGR (3Y) -10.9% – 18.7%

Profitability

14 metrics
MetricCLWPKGAMCR
Gross margin 1.8% – 20.0%
EBITDA margin 4.6% – 14.6%
Operating margin -1.6% – 8.1%
Pretax margin -3.2% – 5.5%
Net margin 0.2% – 4.7%
FCF margin 3.8% – 5.2%
Operating cash flow margin 7.0% – 9.2%
Return on equity 0.3% – 9.4%
Return on assets 0.1% – 3.0%
Return on invested capital -1.3% – 6.1%
Return on capital employed -2.1% – 6.4%
Asset turnover 0.9x – 0.6x
Cash conversion (OCF / net income) 43.8x – 1.9x
Stock comp / revenue 0.3% – 0.4%

Financial Health

11 metrics
MetricCLWPKGAMCR
Debt / assets 31.9% – 37.8%
Debt / equity 0.7x – 1.2x
Net debt / EBITDA 7.6x – 3.8x
Debt / FCF 10.0x – 11.4x
Liabilities / assets 55.3% – 68.2%
Equity / assets 44.7% – 31.8%
Interest coverage – – 2.8x
Current ratio 1.5x – 1.3x
Quick ratio 0.4x – 0.6x
Cash ratio 0.1x – 0.1x
Altman Z-score 1.81 – 1.39

Shareholder Returns

7 metrics
MetricCLWPKGAMCR
Dividend yield – 2.2% 5.6%
Net buyback yield 0.0% – 0.0%
Shareholder yield 0.0% 2.2% 5.6%
Payout ratio (earnings) – – 108.0%
Payout ratio (FCF) – – 97.2%
Dividend growth (1Y) – – 41.4%
Dividend CAGR (3Y) – – 18.2%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCLWPKGAMCR
Forward P/E – 23.2xFY2026 11.4xFY2027
EPS, next fiscal year $-3.47FY2026 $10.92FY2026 $4.06FY2027
EPS growth, next FY – +11.0%FY2026 +1.0%FY2027
EPS growth, the year after – +32.1% +11.1%
Revenue, next fiscal year $1.56BFY2026 $9.55BFY2026 $23.45BFY2027
Revenue growth, next FY +0.2%FY2026 +6.2%FY2026 -0.3%FY2027
Revenue growth, the year after +6.0% +18.1% -2.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCLWPKGAMCR
Held by institutions 88.7% 97.9% 77.1%
Institutions holding 134 901 684
Change in shares held, QoQ +9.9% +1.6% +3.7%
Institutions buying 85 456 409
Institutions selling 33 291 211
Buyers to sellers 2.58 1.57 1.94

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CLWPKGAMCR
CLW 1.00 0.37 0.36
PKG 0.37 1.00 0.57
AMCR 0.36 0.57 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CLW, PKG and AMCR?

Packaging Corp Of America (PKG) is the largest by market capitalisation: Clearwater Paper (CLW) $309.92M, Packaging Corp Of America (PKG) $22.61B, Amcor (AMCR) $21.36B.

Which stock is cheaper, CLW, PKG and AMCR?

Amcor (AMCR) trades on the lowest price-to-earnings ratio (Clearwater Paper (CLW) 129.1x, Packaging Corp Of America (PKG) 30.9x, Amcor (AMCR) 19.3x). On next year's consensus earnings, Amcor (AMCR) is cheapest (Packaging Corp Of America (PKG) 23.2x, Amcor (AMCR) 11.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Amcor (AMCR) grew revenue fastest over the trailing twelve months: Clearwater Paper (CLW) -3.2%, Packaging Corp Of America (PKG) +12.0%, Amcor (AMCR) +56.6%.

Which company is more profitable?

Amcor (AMCR) has the highest net margin (Clearwater Paper (CLW) 0.2%, Amcor (AMCR) 4.7%). On return on invested capital, Amcor (AMCR) leads (Clearwater Paper (CLW) -1.3%, Amcor (AMCR) 6.1%).

Which stock has performed better?

Over the past year Packaging Corp Of America (PKG) returned the most: Clearwater Paper (CLW) -3.7%, Packaging Corp Of America (PKG) +23.9%, Amcor (AMCR) +13.5%. Over five years, Packaging Corp Of America (PKG) compounded fastest (Clearwater Paper (CLW) -14.3%/yr, Packaging Corp Of America (PKG) +13.4%/yr, Amcor (AMCR) -5.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Amcor (AMCR) has the highest dividend yield: Packaging Corp Of America (PKG) 2.17%, Amcor (AMCR) 5.63%. Clearwater Paper (CLW) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Packaging Corp Of America (PKG) has been the steadiest (Clearwater Paper (CLW) 52.7%, Packaging Corp Of America (PKG) 28.0%, Amcor (AMCR) 31.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CLW, PKG and AMCR?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Amcor (AMCR) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.