SUZ vs PKG vs CLW Stock Comparison

Suzano, Packaging Corp Of America and Clearwater Paper Prices as of Oct 23, 2026 Peers: Industry group
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SUZ Suzano S.A.
$8.64 -6.3% 1M -4.6% 1Y
Market cap
$10.91B
P/E
7.0x
Revenue (TTM)
$9.04B
Div. yield
–
Pulp and Paper Basic Materials
3 wins
PKG Packaging Corp Of America
$247.30 +2.6% 1M +16.0% 1Y
Market cap
$22.47B
P/E
32.5x
Revenue (TTM)
$9.53B
Div. yield
0.02%
Paper Packaging Basic Materials
7 wins
CLW Clearwater Paper Corp
$19.32 -9.5% 1M -3.2% 1Y
Market cap
$308.01M
P/E
–
Revenue (TTM)
$1.52B
Div. yield
–
Paper Packaging Basic Materials
1 win

Head to Head

11 decided of 12

Packaging Corp Of America leads on 7 of the 12 questions below (Packaging Corp Of America 7, Suzano 3, Clearwater Paper 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSUZPKGCLWLeader
Larger companyMarket capitalisation $10.91B $22.47B $308.01M PKG
Cheaper on earningsLower P/E, profitable companies only 7.0x 32.5x -6.2x SUZ
Cheaper on forward earningsLower price / next fiscal year consensus EPS 6.1x 22.6x — SUZ
Faster revenue growthRevenue growth, trailing twelve months +0.7% +10.3% -1.9% PKG
More profitableNet margin, trailing twelve months 17.2% 7.3% -3.2% SUZ
Better return on capitalReturn on invested capital 7.1% 9.1% -5.7% PKG
Less leveragedLower net debt / EBITDA 3.1x 1.9x 20.6x PKG
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.00% –
Better 1-year returnPrice return, last 12 months -4.6% +16.0% -3.2% PKG
Better 5-year returnAnnualised price return, 5 years -1.5%/yr +13.0%/yr -14.9%/yr PKG
Less volatileAnnualised volatility, 1 year 29.8% 28.2% 52.7% PKG
Higher overall scoreMean of the five percentile scores vs peers 57/100 47/100 57/100 CLW

Percentile Scorecard

SUZPKGCLW

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

AxisSUZPKGCLW
Valuation 90 #29 of 287 13 #14 of 16 93 #2 of 16
Growth 17 #222 of 267 27 #12 of 16 47 #9 of 16
Profitability 77 #55 of 240 93 #2 of 16 33 #11 of 16
Financial Health 30 #207 of 295 88 #3 of 17 81 #4 of 17
Shareholder Returns 70 #62 of 204 15 #12 of 14 31 #10 of 14
Overall 57 47 57
  • SUZ ranked among 308 companies in Basic Materials
  • PKG ranked among 17 companies in Packaging
  • CLW ranked among 17 companies in Packaging

Price Performance

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

Returns

PeriodSUZPKGCLWSPY
1 month -6.3%+2.6%-9.5% -1.0%
3 months +4.3%-2.8%+14.8% +2.9%
6 months -5.1%+16.2%+32.1% +6.4%
Year to date -7.5%+19.9%+11.0% +11.4%
1 year -4.6%+16.0%-3.2% +13.1%
3 years -17.5%+66.1%-43.3% +79.4%
3 years, per year -6.2%+18.4%-17.2% +21.5%
5 years -7.1%+84.6%-55.5% +67.7%
5 years, per year -1.5%+13.0%-14.9% +10.9%
10 years +159.5%+203.3%-65.5% +255.2%
10 years, per year +10.0%+11.7%-10.1% +13.5%

Risk

MeasureSUZPKGCLWSPY
Volatility, 1Y 29.8%28.2%52.7% 12.7%
Downside volatility, 1Y 27.9%26.3%50.5% 12.7%
Beta vs S&P 500, 1Y 0.630.680.90 1.00
Return / volatility, 1Y -0.160.57-0.06 1.03
Max drawdown, 5Y -41.1%-32.7%-77.8% -25.4%
From 52-week high -24.6%-3.9%-17.1% -2.5%
52-week high $11.46$257.38$23.30 $779.14
52-week low $7.67$191.68$12.44 $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.

MultipleSUZPKGCLW
P/E now vs peer median 6.9xmedian 17.9x 31.6xmedian 18.2x -6.3xmedian 18.2x
P/S now vs peer median 1.2xmedian 1.8x 2.3xmedian 0.7x 0.2xmedian 0.7x
EV/EBITDA now vs peer median 5.7xmedian 9.8x 14.0xmedian 9.5x 44.8xmedian 9.5x
P/FCF now vs peer median 12.3xmedian 16.0x 29.8xmedian 15.7x 5.5xmedian 15.7x
P/B now vs peer median 1.1xmedian 1.8x 4.7xmedian 1.4x 0.4xmedian 1.4x
PEG now vs peer median -0.19median 0.73 -4.47median 0.83 0.16median 0.83

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 monthsSUZPKGCLW
Revenue $9.04B $9.53B $1.52B
Gross profit $2.58B $1.92B $24.60M
Operating income $1.91B $1.04B -$82.20M
Net income $1.56B $691.80M -$49.30M
Free cash flow $888.28M $739.90M $56.60M
EPS (diluted) $1.25 $7.77 $-3.06
Cash & equivalents $3.21B $442.80M $95.40M
Total debt $17.89B $12.89B $361.10M
Shares (diluted) 1.24B 89.00M 16.13M
Enterprise value -$7.42B $20.00B $111.01M

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
MetricSUZPKGCLW
P/E 6.9x 31.6x -6.3x
P/FCF 12.3x 29.8x 5.5x
P/Operating cash flow 3.5x 13.6x 2.9x
P/S 1.2x 2.3x 0.2x
P/B 1.1x 4.7x 0.4x
P/Tangible book 1.1x 5.4x 0.4x
EV/EBITDA 5.7x 14.0x 44.8x
EV/EBIT 12.4x 24.5x -7.0x
EV/Revenue 2.6x 2.7x 0.4x
EV/FCF 26.7x 34.3x 10.2x
EV/Operating cash flow 7.5x 15.6x 5.3x
PEG (3Y EPS CAGR) -0.19 -4.47 0.16

Growth

14 metrics
MetricSUZPKGCLW
Revenue growth (1Y) 0.7% 10.3% -1.9%
Revenue CAGR (3Y) -1.5% 5.9% 25.5%
Gross profit growth (1Y) -23.8% 0.2% -80.2%
Gross profit CAGR (3Y) -17.1% 1.3% 28.3%
Operating income growth (1Y) -20.3% -16.7% -647.3%
Operating income CAGR (3Y) -30.5% -4.9% -38.8%
Net income growth (1Y) 11.8% -23.5% -124.5%
Net income CAGR (3Y) -29.7% -7.2% -39.6%
EPS growth (1Y) 14.2% -22.9% -124.7%
EPS CAGR (3Y) -36.5% -7.1% -40.3%
Operating cash flow growth (1Y) -11.0% 25.8% 337.9%
Operating cash flow CAGR (3Y) -13.2% 2.9% 17.1%
Free cash flow growth (1Y) -70.7% 18.7% 131.2%
Free cash flow CAGR (3Y) -47.6% -3.4% 63.3%

Profitability

14 metrics
MetricSUZPKGCLW
Gross margin 28.6% 20.1% 1.6%
EBITDA margin 46.0% 19.1% 0.8%
Operating margin 21.1% 10.9% -5.4%
Pretax margin 25.9% 9.6% -6.9%
Net margin 17.2% 7.3% -3.2%
FCF margin 9.8% 7.8% 3.7%
Operating cash flow margin 34.8% 17.0% 7.1%
Return on equity 16.6% 15.0% -6.1%
Return on assets 4.8% 6.3% -3.1%
Return on invested capital 7.1% 9.1% -5.7%
Return on capital employed 6.4% 10.6% -6.1%
Asset turnover 0.3x 0.9x 1.0x
Cash conversion (OCF / net income) 2.0x 2.3x -2.2x
Stock comp / revenue – 0.5% 0.2%

Financial Health

11 metrics
MetricSUZPKGCLW
Debt / assets 54.2% 36.0% 23.0%
Debt / equity 1.9x 0.9x 0.5x
Net debt / EBITDA 3.1x 1.9x 20.6x
Debt / FCF 20.1x 5.4x 6.4x
Liabilities / assets 70.9% 57.7% 49.5%
Equity / assets 29.1% 42.3% 50.5%
Interest coverage 1.4x – –
Current ratio 3.4x 2.9x 2.3x
Quick ratio 2.3x 1.7x 1.1x
Cash ratio 1.9x 0.5x 0.4x
Altman Z-score 1.03 4.01 2.00

Shareholder Returns

7 metrics
MetricSUZPKGCLW
Dividend yield 2.4% 2.2% –
Net buyback yield – 0.3% 0.7%
Shareholder yield 2.4% 2.5% 0.7%
Payout ratio (earnings) – 64.8% –
Payout ratio (FCF) – 60.6% –
Dividend growth (1Y) – -0.3% –
Dividend CAGR (3Y) – -0.7% –

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.

ConsensusSUZPKGCLW
Forward P/E 6.1xFY2026 22.6xFY2026 –
EPS, next fiscal year $1.41FY2026 $10.94FY2026 $-3.47FY2026
EPS growth, next FY -32.5%FY2026 +11.2%FY2026 –
EPS growth, the year after -28.4% +31.6% –
Revenue, next fiscal year $10.38BFY2026 $9.52BFY2026 $1.56BFY2026
Revenue growth, next FY +7.4%FY2026 +5.9%FY2026 +0.2%FY2026
Revenue growth, the year after +11.2% +17.6% +6.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSUZPKGCLW
Held by institutions 5.9% 97.9% 88.7%
Institutions holding 136 901 134
Change in shares held, QoQ +0.6% +1.6% +9.9%
Institutions buying 77 456 85
Institutions selling 46 291 33
Buyers to sellers 1.67 1.57 2.58

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.

SUZPKGCLW
SUZ 1.00 0.22 0.15
PKG 0.22 1.00 0.38
CLW 0.15 0.38 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SUZ, PKG and CLW?

Packaging Corp Of America (PKG) is the largest by market capitalisation: Suzano (SUZ) $10.91B, Packaging Corp Of America (PKG) $22.47B, Clearwater Paper (CLW) $308.01M.

Which stock is cheaper, SUZ, PKG and CLW?

Suzano (SUZ) trades on the lowest price-to-earnings ratio (Suzano (SUZ) 7.0x, Packaging Corp Of America (PKG) 32.5x, Clearwater Paper (CLW) -6.2x). On next year's consensus earnings, Suzano (SUZ) is cheapest (Suzano (SUZ) 6.1x, Packaging Corp Of America (PKG) 22.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Packaging Corp Of America (PKG) grew revenue fastest over the trailing twelve months: Suzano (SUZ) +0.7%, Packaging Corp Of America (PKG) +10.3%, Clearwater Paper (CLW) -1.9%.

Which company is more profitable?

Suzano (SUZ) has the highest net margin (Suzano (SUZ) 17.2%, Packaging Corp Of America (PKG) 7.3%, Clearwater Paper (CLW) -3.2%). On return on invested capital, Packaging Corp Of America (PKG) leads (Suzano (SUZ) 7.1%, Packaging Corp Of America (PKG) 9.1%, Clearwater Paper (CLW) -5.7%).

Which stock has performed better?

Over the past year Packaging Corp Of America (PKG) returned the most: Suzano (SUZ) -4.6%, Packaging Corp Of America (PKG) +16.0%, Clearwater Paper (CLW) -3.2%. Over five years, Packaging Corp Of America (PKG) compounded fastest (Suzano (SUZ) -1.5%/yr, Packaging Corp Of America (PKG) +13.0%/yr, Clearwater Paper (CLW) -14.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Suzano (SUZ) 0.00%, Packaging Corp Of America (PKG) 0.02%, Clearwater Paper (CLW) 0.00%. Suzano (SUZ) and 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 (Suzano (SUZ) 29.8%, Packaging Corp Of America (PKG) 28.2%, Clearwater Paper (CLW) 52.7%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Packaging Corp Of America (PKG) 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.