Clearwater Paper (CLW) FCF Margin (2010 - 2026)
Clearwater Paper (CLW) reported FCF Margin of 4.13% for Q3 2026, up 0.20 percentage points from 3.93% a year earlier but down 11.72 percentage points from the prior quarter.
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Analysis
Clearwater Paper (CLW) FCF Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Clearwater Paper's FCF Margin came in at 3.77%, up 12.43 percentage points year-over-year; for FY2025, it was -4.92%, down 0.93 percentage points from FY2024.
- FCF Margin has a five-year change of -16.02 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at -3.99% in FY2024 (-14.29 pp), 10.30% in FY2023 (+0.53 pp), 9.77% in FY2022 (+6.49 pp) and 3.27% in FY2021 (-7.83 pp).
- Five-year quarterly FCF Margin spans a low of -17.59% in Q4 2024 and a high of 26.53% in Q3 2023.
- Year over year, FCF Margin has now increased in each of the last five quarters, with an average year-over-year change of -1.10 percentage points over the last eight quarters.
- The high point for year-over-year FCF Margin in five years was Q2 2026 (a gain of 28.89 percentage points); the low point was Q3 2024 (a drop of 34.36 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 15.85% (Q2 2026), -2.39% (Q1 2026) and -2.56% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.05 Bn | 20.09 Bn | 1.44 Bn | 4.41% |
| 2 | Packaging Corp Of America | 22.08 Bn | 19.65 Bn | 603.90 Mn | 8.62% |
| 3 | Amcor | 20.81 Bn | 16.21 Bn | 1.16 Bn | -13.51% |
| 4 | International Paper | 18.29 Bn | 14.37 Bn | 1.93 Bn | -4.31% |
| 5 | Ball | 17.38 Bn | 14.54 Bn | 709.00 Mn | 0.76% |
| 6 | Crown Holdings | 13.08 Bn | 10.44 Bn | 724.00 Mn | 8.06% |
| 7 | Sonoco Products | 5.02 Bn | 4.07 Bn | 405.32 Mn | 10.87% |
| 8 | Silgan Holdings | 4.36 Bn | 2.16 Bn | 328.59 Mn | 12.98% |
| 9 | Graphic Packaging Holding | 3.33 Bn | 2.34 Bn | 307.00 Mn | 8.49% |
| 10 | Clearwater Paper | 214.26 Mn | 15.96 Mn | 21.20 Mn | 4.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.13% |
| Jun 30, 2026 | 15.85% |
| Mar 31, 2026 | -2.39% |
| Dec 31, 2025 | -2.56% |
| Sep 30, 2025 | 3.93% |
| Jun 30, 2025 | -13.04% |
| Mar 31, 2025 | -8.25% |
| Dec 31, 2024 | -17.59% |
| Sep 30, 2024 | -7.83% |
| Jun 30, 2024 | 0.87% |
| Mar 31, 2024 | 15.73% |
| Dec 31, 2023 | 15.08% |
| Sep 30, 2023 | 26.53% |
| Jun 30, 2023 | 11.40% |
| Mar 31, 2023 | -10.30% |
| Sep 30, 2022 | 1.22% |
| Jun 30, 2022 | 13.89% |
| Mar 31, 2022 | 6.80% |
| Dec 31, 2021 | 4.80% |
| Sep 30, 2021 | 1.64% |
API Access
Clearwater Paper FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=CLW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "CLW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=CLW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();