Clearwater Paper (CLW) Debt to Equity (2016 - 2026)
Quarterly Debt to Equity rose 31.54% to $0.44 in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $0.44 through Mar 2026, up 31.54% year-over-year, with the annual reading at $0.42 for FY2025, 27.0% up from the prior year.
Clearwater Paper (CLW) has disclosed Debt to Equity for 17 consecutive years, with $0.44 as the latest value for Q1 2026.
- Debt to Equity for Q1 2026 was $0.44 at Clearwater Paper, up from $0.42 in the prior quarter.
- The five-year high for Debt to Equity was $1.74 in Q2 2024, with the low at $0.33 in Q4 2024.
- Average Debt to Equity over 5 years is $0.83, with a median of $0.87 recorded in 2023.
- The sharpest move saw Debt to Equity surged 98.48% in 2024, then crashed 77.34% in 2025.
- Clearwater Paper's Debt to Equity stood at $0.99 in 2022, then plummeted by 33.49% to $0.66 in 2023, then tumbled by 49.8% to $0.33 in 2024, then rose by 27.0% to $0.42 in 2025, then increased by 5.81% to $0.44 in 2026.
- Per Business Quant, the three most recent readings for CLW's Debt to Equity are $0.44 (Q1 2026), $0.42 (Q4 2025), and $0.43 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Suzano | 38.93 Bn | 34.37 Bn | 600.58 Mn | - |
| 2 | Sylvamo | 1.51 Bn | 1.31 Bn | 125.00 Mn | 0.94 |
| 3 | Magnera | 378.03 Mn | 75.03 Mn | 95.00 Mn | 1.83 |
| 4 | Clearwater Paper | 227.85 Mn | 191.35 Mn | -900,000.00 | 0.44 |
| 5 | Mercer International | 64.31 Mn | -25.23 Mn | 36.32 Mn | -292.15 |
| 6 | It Tech Packaging | - | - | 2.02 Mn | 0.06 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.44 |
| Dec 31, 2025 | 0.42 |
| Sep 30, 2025 | 0.43 |
| Jun 30, 2025 | 0.39 |
| Mar 31, 2025 | 0.34 |
| Dec 31, 2024 | 0.33 |
| Sep 30, 2024 | 1.73 |
| Jun 30, 2024 | 1.74 |
| Mar 31, 2024 | 0.65 |
| Dec 31, 2023 | 0.66 |
| Sep 30, 2023 | 0.87 |
| Jun 30, 2023 | 0.92 |
| Mar 31, 2023 | 0.96 |
| Dec 31, 2022 | 0.99 |
| Sep 30, 2022 | 0.99 |
| Jun 30, 2022 | 1.08 |
| Mar 31, 2022 | 1.17 |
| Dec 31, 2021 | 1.25 |
| Sep 30, 2021 | 1.38 |
| Jun 30, 2021 | 1.47 |
| Mar 31, 2021 | 1.34 |
| Dec 31, 2020 | 1.38 |
| Sep 30, 2020 | 1.59 |
| Jun 30, 2020 | 1.76 |
| Mar 31, 2020 | 2.12 |
| Dec 31, 2019 | 2.09 |
| Sep 30, 2019 | 2.18 |
| Jun 30, 2019 | 2.09 |
| Mar 31, 2019 | 2.02 |
| Dec 31, 2018 | 1.91 |
| Sep 30, 2018 | 1.23 |
| Jun 30, 2018 | 1.24 |
| Mar 31, 2018 | 1.27 |
| Dec 31, 2017 | 1.26 |
| Sep 30, 2017 | 1.40 |
| Jun 30, 2017 | 1.40 |
| Mar 31, 2017 | 1.48 |
| Dec 31, 2016 | 1.50 |
| Sep 30, 2016 | 1.24 |
| Jun 30, 2016 | 1.18 |