Clearwater Paper (CLW) Gross Margin (2010 - 2026)
Clearwater Paper (CLW) reported Gross Margin of 5.51% for Q3 2026, up 0.82 percentage points from 4.69% a year earlier and up 8.28 percentage points from the prior quarter.
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Analysis
Clearwater Paper (CLW) Gross Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Clearwater Paper's Gross Margin came in at 1.80%, down 5.47 percentage points year-over-year; for FY2025, it came in at 7.43%, up 1.93 percentage points from FY2024.
- Gross Margin has a five-year change of -8.31 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 5.50% in FY2024 (-12.17 pp), 17.67% in FY2023 (-0.12 pp), 17.78% in FY2022 (+7.48 pp) and 10.30% in FY2021 (-5.44 pp).
- The Q3 2026 figure ranks as the highest quarterly Gross Margin since Q2 2025.
- Year over year, Gross Margin gained in three of the last eight quarters, with an average year-over-year change of -3.30 percentage points.
- The high point for year-over-year Gross Margin in five years was Q1 2024 (a gain of 63.78 percentage points); the low point was Q1 2023 (a drop of 64.47 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at -2.77% (Q2 2026), -0.25% (Q1 2026) and 4.45% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.05 Bn | 20.09 Bn | 1.44 Bn | 17.64% |
| 2 | Packaging Corp Of America | 22.08 Bn | 19.65 Bn | 603.90 Mn | 23.21% |
| 3 | Amcor | 20.81 Bn | 16.21 Bn | 1.16 Bn | 18.91% |
| 4 | International Paper | 18.29 Bn | 14.37 Bn | 1.93 Bn | 31.21% |
| 5 | Ball | 17.38 Bn | 14.54 Bn | 709.00 Mn | 16.93% |
| 6 | Crown Holdings | 13.08 Bn | 10.44 Bn | 724.00 Mn | 19.51% |
| 7 | Sonoco Products | 5.02 Bn | 4.07 Bn | 405.32 Mn | 19.85% |
| 8 | Silgan Holdings | 4.36 Bn | 2.16 Bn | 328.59 Mn | 16.11% |
| 9 | Graphic Packaging Holding | 3.33 Bn | 2.34 Bn | 307.00 Mn | 14.01% |
| 10 | Clearwater Paper | 214.26 Mn | 15.96 Mn | 21.20 Mn | 5.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.51% |
| 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% |
| 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% |
API Access
Clearwater Paper Gross 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=gross-margin&ticker=CLW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=CLW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();