Clearwater Paper (CLW) Gross Margin (2010 - 2026)
Clearwater Paper's (CLW) quarterly Gross Margin came in at 2.77% in Q2 2026, down 1375.0% YoY from 0.22% in Q2 2025, and down 1010.85% on a QoQ basis from 0.25% in Q1 2026.
Clearwater Paper (CLW) Gross Margin (2010 - 2026) Analysis & Trends
Clearwater Paper (CLW) has 17 years of Gross Margin data on file, last reported at 2.77% in Q2 2026.
- Quarterly Gross Margin fell 1375.0% year-over-year to 2.77% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 1.62% (down 641.0% YoY) and the FY2025 annual result came in at 7.43%, up 193.0% from the prior year.
- Gross Margin eased to 2.77% in Q2 2026, from 0.25% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 18.14% in Q3 2023 to a low of 50.91% in Q1 2023.
- A 5-year average of 1.43% and a median of 6.17% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin plunged 8635 bps — and 2024, when it surged 6378 bps.
- Tracing CLW's Gross Margin over 5 years: stood at 2.46% in 2022, then jumped by 444 bps to 13.37% in 2023, then slumped by 72 bps to 3.8% in 2024, then advanced by 17 bps to 4.45% in 2025, then tumbled by 162 bps to 2.77% in 2026.
- The last three Gross Margin figures came in at 2.77% (Q2 2026), 0.25% (Q1 2026), and 4.45% (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Suzano | 10.53 Bn | 5.34 Bn | 558.88 Mn | 24.41% |
| 2 | Sylvamo | 1.47 Bn | 1.28 Bn | 132.00 Mn | 16.38% |
| 3 | Clearwater Paper | 352.35 Mn | 256.95 Mn | -10.40 Mn | -2.77% |
| 4 | Mercer International | 28.71 Mn | -55.06 Mn | 10.48 Mn | 2.28% |
| 5 | It Tech Packaging | 2.38 Mn | -7.39 Mn | 2.02 Mn | 7.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -2.77% |
| Mar 31, 2026 | -0.25% |
| Dec 31, 2025 | 4.45% |
| Sep 30, 2025 | 4.69% |
| Jun 30, 2025 | 10.97% |
| Mar 31, 2025 | 9.70% |
| Dec 31, 2024 | 3.80% |
| Sep 30, 2024 | 7.65% |
| Jun 30, 2024 | -0.58% |
| Mar 31, 2024 | 12.87% |
| Dec 31, 2023 | 13.37% |
| Sep 30, 2023 | 18.14% |
| Jun 30, 2023 | -50.60% |
| Mar 31, 2023 | -50.91% |
| Dec 31, 2022 | 2.46% |
| Sep 30, 2022 | 15.59% |
| Jun 30, 2022 | 13.53% |
| Mar 31, 2022 | 13.56% |
| Dec 31, 2021 | 12.39% |
| Sep 30, 2021 | 11.61% |