Clearwater Paper (CLW) FCF Margin (2010 - 2026)
Clearwater Paper (CLW) reported FCF Margin of 15.85% for Q2 2026, up 28.89 percentage points from -13.04% a year earlier and up 18.24 percentage points from the prior quarter.
Clearwater Paper (CLW) FCF Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Clearwater Paper's FCF Margin came in at 3.72%, up 15.41 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).
- The Q2 2026 figure ranks as the highest quarterly FCF Margin since Q3 2023.
- Year over year, FCF Margin has now increased in each of the last four quarters, with an average year-over-year change of -5.42 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 Q2 2026 came in at -2.39% (Q1 2026), -2.56% (Q4 2025) and 3.93% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.65 Bn | 20.58 Bn | 1.40 Bn | 3.74% |
| 2 | International Paper | 21.34 Bn | 17.23 Bn | 1.66 Bn | -0.12% |
| 3 | Packaging Corp Of America | 20.88 Bn | 18.41 Bn | 512.50 Mn | 6.83% |
| 4 | Amcor | 19.78 Bn | 15.21 Bn | 1.34 Bn | 21.26% |
| 5 | Ball | 15.12 Bn | 12.14 Bn | 697.00 Mn | 11.68% |
| 6 | Crown Holdings | 11.68 Bn | 9.01 Bn | 748.00 Mn | 16.28% |
| 7 | Sonoco Products | 4.94 Bn | 3.94 Bn | 392.38 Mn | 12.57% |
| 8 | Silgan Holdings | 3.80 Bn | 1.54 Bn | 294.88 Mn | -15.73% |
| 9 | Graphic Packaging Holding | 2.74 Bn | 1.96 Bn | 292.00 Mn | 3.43% |
| 10 | Clearwater Paper | 320.78 Mn | 123.78 Mn | -10.40 Mn | 15.85% |
Historic Data
| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 1.08% |
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_KEY
import 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();