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% on a YoY basis from 0.22% in Q2 2025, and down 1010.85% quarter-over-quarter from 0.25% in Q1 2026.
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Clearwater Paper (CLW) Gross Margin (2010 - 2026) Analysis & Trends
Clearwater Paper (CLW) has reported Gross Margin for 17 consecutive years, with 2.77% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 1375.0% year-over-year to 2.77%; the trailing twelve-month figure through Jun 2026 stood at 1.62% (down 641.0% YoY), and the FY2025 full-year result was 7.43%, up 193.0% from the prior year.
- Gross Margin retreated to 2.77% in Q2 2026 per CLW's latest filing, from 0.25% in the prior quarter.
- Across five years, Gross Margin topped out at 18.14% in Q3 2023 and bottomed at 50.91% in Q1 2023.
- Historically, Gross Margin has averaged 1.43% across 5 years, with a median of 6.17% in 2024.
- The sharpest annual moves came in 2022 and 2024: Gross Margin sank 8635 bps in 2022, then soared 6378 bps in 2024.
- Over 5 years, Gross Margin stood at 2.46% in 2022, then soared by 444 bps to 13.37% in 2023, then plunged by 72 bps to 3.8% in 2024, then grew by 17 bps to 4.45% in 2025, then sank by 162 bps to 2.77% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 2.77%, 0.25%, and 4.45% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Paper | 51.92 Bn | 51.20 Bn | 1.66 Bn | 27.65% |
| 2 | Smurfit Westrock | 22.12 Bn | 21.44 Bn | 1.40 Bn | 17.42% |
| 3 | Packaging Corp Of America | 20.62 Bn | 20.03 Bn | 512.50 Mn | 20.58% |
| 4 | Sonoco Products | 4.82 Bn | 4.65 Bn | 392.38 Mn | 20.81% |
| 5 | Graphic Packaging Holding | 2.79 Bn | 2.58 Bn | 292.00 Mn | 13.35% |
| 6 | Ranpak Holdings | 341.67 Mn | 298.47 Mn | 34.50 Mn | 32.79% |
| 7 | Clearwater Paper | 317.20 Mn | 221.80 Mn | -10.40 Mn | -2.77% |
| 8 | Millennium Group International Holdings | 17.10 Mn | 10.24 Mn | - | - |
| 9 | Dss | 7.79 Mn | 2.64 Mn | - | - |
| 10 | It Tech Packaging | 2.21 Mn | -7.55 Mn | 2.02 Mn | 7.90% |
Historic Data
Download Data
Historic 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% |