Clearwater Paper (CLW) Net Margin (2010 - 2026)
Clearwater Paper's (CLW) quarterly Net Margin came in at 5.74% in Q2 2026, down 643.0% on a YoY basis from 1.06% in Q2 2025, and down 61.47% quarter-over-quarter from 3.55% in Q1 2026.
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Analysis
Clearwater Paper (CLW) Net Margin (2010 - 2026) Analysis & Trends
Clearwater Paper (CLW) has reported Net Margin for 17 consecutive years, with 5.74% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 643.0% year-over-year to 5.74%; the trailing twelve-month figure through Jun 2026 stood at 7.89% (down 2089.0% YoY), and the FY2025 full-year result was 5.75%, down 2260.0% from the prior year.
- Net Margin eased to 5.74% in Q2 2026 per CLW's latest filing, from 3.55% in the prior quarter.
- Across five years, Net Margin topped out at 51.46% in Q4 2024 and bottomed at 13.36% in Q3 2025.
- Historically, Net Margin has averaged 4.19% across 5 years, with a median of 2.15% in 2022.
- The sharpest annual moves came in 2024 and 2025: Net Margin surged 4494 bps in 2024, then tumbled 5984 bps in 2025.
- Over 5 years, Net Margin stood at 0.22% in 2022, then soared by 3018 bps to 6.52% in 2023, then jumped by 690 bps to 51.46% in 2024, then plunged by 116 bps to 8.39% in 2025, then jumped by 32 bps to 5.74% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 5.74%, 3.55%, and 8.39% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Paper | 51.92 Bn | 51.20 Bn | 1.66 Bn | -0.18% |
| 2 | Smurfit Westrock | 22.15 Bn | 21.47 Bn | 1.40 Bn | 1.10% |
| 3 | Packaging Corp Of America | 20.16 Bn | 19.57 Bn | 512.50 Mn | 7.72% |
| 4 | Sonoco Products | 4.81 Bn | 4.64 Bn | 392.38 Mn | 5.45% |
| 5 | Graphic Packaging Holding | 2.85 Bn | 2.64 Bn | 292.00 Mn | 1.10% |
| 6 | Ranpak Holdings | 345.53 Mn | 302.33 Mn | 34.50 Mn | -7.51% |
| 7 | Clearwater Paper | 321.07 Mn | 225.67 Mn | -10.40 Mn | -5.74% |
| 8 | Millennium Group International Holdings | 17.10 Mn | 10.24 Mn | - | - |
| 9 | Dss | 7.48 Mn | 2.32 Mn | - | -139.71% |
| 10 | It Tech Packaging | 2.20 Mn | -7.57 Mn | 2.02 Mn | -5.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.74% |
| Mar 31, 2026 | -3.55% |
| Dec 31, 2025 | -8.39% |
| Sep 30, 2025 | -13.36% |
| Jun 30, 2025 | 0.69% |
| Mar 31, 2025 | -1.67% |
| Dec 31, 2024 | 51.46% |
| Sep 30, 2024 | 1.50% |
| Jun 30, 2024 | -7.52% |
| Mar 31, 2024 | 6.61% |
| Dec 31, 2023 | 6.52% |
| Sep 30, 2023 | 13.16% |
| Jun 30, 2023 | 18.33% |
| Mar 31, 2023 | 7.67% |
| Dec 31, 2022 | -0.22% |
| Sep 30, 2022 | 3.82% |
| Jun 30, 2022 | 2.79% |
| Mar 31, 2022 | 3.40% |
| Dec 31, 2021 | 1.96% |
| Sep 30, 2021 | 0.44% |