CLW vs SUZ vs SW Stock Comparison

Clearwater Paper, Suzano and Smurfit Westrock 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
SUZ Suzano S.A.
$8.81 +1.4% 1M -3.4% 1Y
Market cap
$11.14B
P/E
7.0x
Revenue (TTM)
$9.04B
Div. yield
2.38%
Pulp and Paper Basic Materials
7 wins
SW Smurfit Westrock plc
$42.22 -9.0% 1M -2.0% 1Y
Market cap
$22.15B
P/E
44.5x
Revenue (TTM)
$31.33B
Div. yield
4.22%
Paper Packaging Basic Materials
5 wins

Head to Head

12 decided of 12

Suzano leads on 7 of the 12 questions below (Suzano 7, Smurfit Westrock 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCLWSUZSWLeader
Larger companyMarket capitalisation $309.92M $11.14B $22.15B SW
Cheaper on earningsLower P/E, profitable companies only 129.1x 7.0x 44.5x SUZ
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 6.2x 18.6x SUZ
Faster revenue growthRevenue growth, trailing twelve months -3.2% +0.7% +1.7% SW
More profitableNet margin, trailing twelve months 0.2% 17.2% 1.6% SUZ
Better return on capitalReturn on invested capital -1.3% 7.1% 3.1% SUZ
Less leveragedLower net debt / EBITDA 7.6x 3.1x 3.2x SUZ
Higher dividend yieldTrailing dividend yield — 2.38% 4.22% SW
Better 1-year returnPrice return, last 12 months -3.7% -3.4% -2.0% SW
Better 5-year returnAnnualised price return, 5 years -14.3%/yr +0.2%/yr -4.0%/yr SUZ
Less volatileAnnualised volatility, 1 year 52.7% 29.9% 44.2% SUZ
Higher overall scoreMean of the five percentile scores vs peers 53/100 57/100 63/100 SW

Percentile Scorecard

CLWSUZSW

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

AxisCLWSUZSW
Valuation 100 #1 of 16 90 #30 of 287 73 #5 of 16
Growth 40 #10 of 16 17 #223 of 267 73 #5 of 16
Profitability 36 #10 of 15 76 #59 of 239 50 #8 of 15
Financial Health 57 #7 of 15 30 #204 of 292 79 #4 of 15
Shareholder Returns 31 #10 of 14 71 #60 of 204 39 #9 of 14
Overall 53 57 63
  • CLW ranked among 17 companies in Packaging
  • SUZ ranked among 308 companies in Basic Materials
  • SW ranked among 17 companies in Packaging

Price Performance

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

Returns

PeriodCLWSUZSWSPY
1 month -5.8%+1.4%-9.0% -0.8%
3 months +11.0%+7.0%-15.7% +3.5%
6 months +31.3%-3.2%+5.4% +7.0%
Year to date +10.3%-5.7%+9.2% +12.2%
1 year -3.7%-3.4%-2.0% +13.0%
3 years -44.4%-15.1%+35.8% +86.3%
3 years, per year -17.8%-5.3%+10.8% +23.1%
5 years -53.8%+0.8%-18.4% +68.6%
5 years, per year -14.3%+0.2%-4.0% +11.0%
10 years -63.9%+149.6%+92.7% +258.0%
10 years, per year -9.7%+9.6%+6.8% +13.6%

Risk

MeasureCLWSUZSWSPY
Volatility, 1Y 52.7%29.9%44.2% 12.7%
Downside volatility, 1Y 50.6%27.9%40.4% 12.7%
Beta vs S&P 500, 1Y 0.920.641.46 1.00
Return / volatility, 1Y -0.07-0.11-0.04 1.02
Max drawdown, 5Y -77.8%-41.1%-55.1% -25.4%
From 52-week high -17.6%-23.1%-18.6% -1.8%
52-week high $23.30$11.46$51.84 $779.14
52-week low $12.44$7.67$32.79 $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.

MultipleCLWSUZSW
P/E now vs peer median 129.1xmedian 19.3x 7.0xmedian 17.8x 44.5xmedian 19.3x
P/S now vs peer median 0.2xmedian 0.7x 1.2xmedian 1.8x 0.7xmedian 0.7x
EV/EBITDA now vs peer median 12.1xmedian 9.7x 5.8xmedian 9.9x 8.4xmedian 9.7x
P/FCF now vs peer median 5.5xmedian 15.7x 12.5xmedian 16.0x 21.8xmedian 15.7x
P/B now vs peer median 0.4xmedian 1.4x 1.2xmedian 1.8x 1.2xmedian 1.4x
PEG now vs peer median -1.87median 0.82 -0.19median 0.79 —median 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 monthsCLWSUZSW
Revenue $1.51B $9.04B $31.33B
Gross profit $27.10M $2.58B $5.62B
Operating income -$24.30M $1.91B $1.48B
Net income $2.40M $1.56B $497.00M
Free cash flow $56.80M $888.28M $1.02B
EPS (diluted) $0.15 $1.25 $0.94
Cash & equivalents $35.70M $3.21B $677.00M
Total debt $567.40M $17.89B $14.16B
Shares (diluted) 16.13M 1.24B 526.00M
Enterprise value $111.62M -$7.16B $19.08B

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
MetricCLWSUZSW
P/E 129.1x 7.0x 44.5x
P/FCF 5.5x 12.5x 21.8x
P/Operating cash flow 2.9x 3.5x 6.7x
P/S 0.2x 1.2x 0.7x
P/B 0.4x 1.2x 1.2x
P/Tangible book 0.4x 1.2x 1.3x
EV/EBITDA 12.1x 5.8x 8.4x
EV/EBIT -34.6x 12.6x 24.1x
EV/Revenue 0.6x 2.7x 1.1x
EV/FCF 14.8x 27.0x 35.1x
EV/Operating cash flow 8.0x 7.6x 10.8x
PEG (3Y EPS CAGR) -1.87 -0.19 –

Growth

14 metrics
MetricCLWSUZSW
Revenue growth (1Y) -3.2% 0.7% 1.7%
Revenue CAGR (3Y) 43.6% -1.5% –
Gross profit growth (1Y) -76.0% -23.8% -4.5%
Gross profit CAGR (3Y) 28.2% -17.1% –
Operating income growth (1Y) 62.7% -20.3% 17.2%
Operating income CAGR (3Y) -31.2% -30.5% –
Net income growth (1Y) -98.3% 11.8% 41.2%
Net income CAGR (3Y) -69.5% -29.7% –
EPS growth (1Y) -98.3% 14.2% 40.1%
EPS CAGR (3Y) -69.0% -36.5% –
Operating cash flow growth (1Y) 478.1% -11.0% 52.3%
Operating cash flow CAGR (3Y) -9.6% -13.2% –
Free cash flow growth (1Y) 142.2% -70.7% 1,094%
Free cash flow CAGR (3Y) -10.9% -47.6% –

Profitability

14 metrics
MetricCLWSUZSW
Gross margin 1.8% 28.6% 17.9%
EBITDA margin 4.6% 46.0% 13.5%
Operating margin -1.6% 21.1% 4.7%
Pretax margin -3.2% 25.9% 2.3%
Net margin 0.2% 17.2% 1.6%
FCF margin 3.8% 9.8% 3.2%
Operating cash flow margin 7.0% 34.8% 10.5%
Return on equity 0.3% 16.6% 2.7%
Return on assets 0.1% 4.8% 1.1%
Return on invested capital -1.3% 7.1% 3.1%
Return on capital employed -2.1% 6.4% 3.9%
Asset turnover 0.9x 0.3x 0.7x
Cash conversion (OCF / net income) 43.8x 2.0x 6.6x
Stock comp / revenue 0.3% – 0.4%

Financial Health

11 metrics
MetricCLWSUZSW
Debt / assets 31.9% 54.2% 31.3%
Debt / equity 0.7x 1.9x 0.8x
Net debt / EBITDA 7.6x 3.1x 3.2x
Debt / FCF 10.0x 20.1x 14.0x
Liabilities / assets 55.3% 70.9% 60.0%
Equity / assets 44.7% 29.1% 40.0%
Interest coverage – 1.4x –
Current ratio 1.5x 3.4x 1.4x
Quick ratio 0.4x 2.3x 0.7x
Cash ratio 0.1x 1.9x 0.1x
Altman Z-score 1.81 1.03 1.45

Shareholder Returns

7 metrics
MetricCLWSUZSW
Dividend yield – 2.4% 4.2%
Net buyback yield 0.0% – -0.1%
Shareholder yield 0.0% 2.4% 4.2%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

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.

ConsensusCLWSUZSW
Forward P/E – 6.2xFY2026 18.6xFY2026
EPS, next fiscal year $-3.47FY2026 $1.41FY2026 $2.27FY2026
EPS growth, next FY – -32.5%FY2026 +10.7%FY2026
EPS growth, the year after – -28.4% +67.4%
Revenue, next fiscal year $1.56BFY2026 $10.38BFY2026 $33.77BFY2026
Revenue growth, next FY +0.2%FY2026 +7.4%FY2026 +8.3%FY2026
Revenue growth, the year after +6.0% +11.2% +9.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCLWSUZSW
Held by institutions 88.7% 5.9% 95.9%
Institutions holding 134 136 640
Change in shares held, QoQ +9.9% +0.6% +5.7%
Institutions buying 85 77 373
Institutions selling 33 46 191
Buyers to sellers 2.58 1.67 1.95

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.

CLWSUZSW
CLW 1.00 0.15 0.41
SUZ 0.15 1.00 0.35
SW 0.41 0.35 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CLW, SUZ and SW?

Smurfit Westrock (SW) is the largest by market capitalisation: Clearwater Paper (CLW) $309.92M, Suzano (SUZ) $11.14B, Smurfit Westrock (SW) $22.15B.

Which stock is cheaper, CLW, SUZ and SW?

Suzano (SUZ) trades on the lowest price-to-earnings ratio (Clearwater Paper (CLW) 129.1x, Suzano (SUZ) 7.0x, Smurfit Westrock (SW) 44.5x). On next year's consensus earnings, Suzano (SUZ) is cheapest (Suzano (SUZ) 6.2x, Smurfit Westrock (SW) 18.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Smurfit Westrock (SW) grew revenue fastest over the trailing twelve months: Clearwater Paper (CLW) -3.2%, Suzano (SUZ) +0.7%, Smurfit Westrock (SW) +1.7%.

Which company is more profitable?

Suzano (SUZ) has the highest net margin (Clearwater Paper (CLW) 0.2%, Suzano (SUZ) 17.2%, Smurfit Westrock (SW) 1.6%). On return on invested capital, Suzano (SUZ) leads (Clearwater Paper (CLW) -1.3%, Suzano (SUZ) 7.1%, Smurfit Westrock (SW) 3.1%).

Which stock has performed better?

Over the past year Smurfit Westrock (SW) returned the most: Clearwater Paper (CLW) -3.7%, Suzano (SUZ) -3.4%, Smurfit Westrock (SW) -2.0%. Over five years, Suzano (SUZ) compounded fastest (Clearwater Paper (CLW) -14.3%/yr, Suzano (SUZ) +0.2%/yr, Smurfit Westrock (SW) -4.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Smurfit Westrock (SW) has the highest dividend yield: Suzano (SUZ) 2.38%, Smurfit Westrock (SW) 4.22%. Clearwater Paper (CLW) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Suzano (SUZ) has been the steadiest (Clearwater Paper (CLW) 52.7%, Suzano (SUZ) 29.9%, Smurfit Westrock (SW) 44.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CLW, SUZ and SW?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Suzano (SUZ) leads on 7. 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.