Clearwater Paper (CLW) Net Margin (2010 - 2026)
Clearwater Paper's Net Margin was -0.42% in Q3 2026, up 12.94 percentage points from -13.36% a year earlier and up 5.32 percentage points from the prior quarter.
Clearwater Paper (CLW) Net Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Clearwater Paper's Net Margin was 0.16% through Sep 30, 2026, down 8.98 percentage points year-over-year; for FY2025, it was -1.20%, down 15.38 percentage points from FY2024.
- Net Margin shows a five-year change of -5.32 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 14.19% in FY2024 (+4.71 pp), 9.48% in FY2023 (+5.63 pp), 3.85% in FY2022 (+5.43 pp) and -1.59% in FY2021 (-5.71 pp).
- Quarterly Net Margin has moved between -13.36% (Q3 2025) and 51.43% (Q4 2024) over five years.
- Compared with a year earlier, Net Margin was higher in three of the last eight quarters, with an average year-over-year change of -0.87 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q4 2024 (a gain of 44.88 percentage points); the worst was Q4 2025 (a drop of 41.52 percentage points).
- Per Business Quant data, CLW's Net Margin in the three quarters before Q3 2026 was -5.74% (Q2 2026), -3.55% (Q1 2026) and 9.91% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.05 Bn | 20.09 Bn | 1.44 Bn | 2.72% |
| 2 | Packaging Corp Of America | 22.08 Bn | 19.65 Bn | 603.90 Mn | 10.08% |
| 3 | Amcor | 20.81 Bn | 16.21 Bn | 1.16 Bn | 3.95% |
| 4 | International Paper | 18.29 Bn | 14.37 Bn | 1.93 Bn | -18.17% |
| 5 | Ball | 17.38 Bn | 14.54 Bn | 709.00 Mn | -2.24% |
| 6 | Crown Holdings | 13.08 Bn | 10.44 Bn | 724.00 Mn | 6.06% |
| 7 | Sonoco Products | 5.02 Bn | 4.07 Bn | 405.32 Mn | -35.86% |
| 8 | Silgan Holdings | 4.36 Bn | 2.16 Bn | 328.59 Mn | 5.15% |
| 9 | Graphic Packaging Holding | 3.33 Bn | 2.34 Bn | 307.00 Mn | 1.00% |
| 10 | Clearwater Paper | 214.26 Mn | 15.96 Mn | 21.20 Mn | -0.42% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -0.42% |
| Jun 30, 2026 | -5.74% |
| Mar 31, 2026 | -3.55% |
| Dec 31, 2025 | 9.91% |
| Sep 30, 2025 | -13.36% |
| Jun 30, 2025 | 0.69% |
| Mar 31, 2025 | -1.67% |
| Dec 31, 2024 | 51.43% |
| Sep 30, 2024 | 1.47% |
| Jun 30, 2024 | -7.49% |
| Mar 31, 2024 | 6.65% |
| Dec 31, 2023 | 6.55% |
| Sep 30, 2023 | 13.12% |
| Jun 30, 2023 | 10.20% |
| Mar 31, 2023 | 8.01% |
| Sep 30, 2022 | 3.82% |
| Jun 30, 2022 | 2.79% |
| Mar 31, 2022 | 3.40% |
| Dec 31, 2021 | 1.94% |
| Sep 30, 2021 | 0.42% |
Clearwater Paper Net 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=net-margin&ticker=CLW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=CLW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();