Clearwater Paper (CLW) Return on Capital Employed [ROCE] (2011 - 2026)
Clearwater Paper (CLW) reported Return on Capital Employed [ROCE] of -2.08% for Q3 2026, up 2.68 percentage points from -4.76% a year earlier and up 4.06 percentage points from the prior quarter.
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Analysis
Clearwater Paper (CLW) Return on Capital Employed [ROCE] (2011 - 2026) Analysis & Trends
For FY2025, Clearwater Paper posted Return on Capital Employed [ROCE] of -2.97%, up 1.79 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of -12.89 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at -4.76% in FY2024 (-10.33 pp), 5.57% in FY2023 (-1.60 pp), 7.17% in FY2022 (+6.37 pp) and 0.80% in FY2021 (-9.11 pp).
- The Q3 2026 figure ranks as the highest quarterly Return on Capital Employed [ROCE] since Q2 2025.
- Year over year, Return on Capital Employed [ROCE] gained in four of the last eight quarters, with an average year-over-year change of -2.99 percentage points.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q3 2022 (a gain of 8.20 percentage points); the low point was Q4 2024 (a drop of 11.43 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at -6.14% (Q2 2026), -3.52% (Q1 2026) and -3.10% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.05 Bn | 20.09 Bn | 1.44 Bn | 3.82% |
| 2 | Packaging Corp Of America | 22.08 Bn | 19.65 Bn | 603.90 Mn | 11.09% |
| 3 | Amcor | 20.81 Bn | 16.21 Bn | 1.16 Bn | 6.23% |
| 4 | International Paper | 18.29 Bn | 14.37 Bn | 1.93 Bn | 10.83% |
| 5 | Ball | 17.38 Bn | 14.54 Bn | 709.00 Mn | 7.88% |
| 6 | Crown Holdings | 13.08 Bn | 10.44 Bn | 724.00 Mn | 16.02% |
| 7 | Sonoco Products | 5.02 Bn | 4.07 Bn | 405.32 Mn | 2.47% |
| 8 | Silgan Holdings | 4.36 Bn | 2.16 Bn | 328.59 Mn | 7.86% |
| 9 | Graphic Packaging Holding | 3.33 Bn | 2.34 Bn | 307.00 Mn | 4.09% |
| 10 | Clearwater Paper | 214.26 Mn | 15.96 Mn | 21.20 Mn | -2.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -2.08% |
| Jun 30, 2026 | -6.14% |
| Mar 31, 2026 | -3.52% |
| Dec 31, 2025 | -3.10% |
| Sep 30, 2025 | -4.76% |
| Jun 30, 2025 | -0.80% |
| Mar 31, 2025 | -4.99% |
| Dec 31, 2024 | -3.66% |
| Sep 30, 2024 | -2.24% |
| Jun 30, 2024 | -1.49% |
| Mar 31, 2024 | 5.06% |
| Dec 31, 2023 | 7.77% |
| Sep 30, 2023 | 6.42% |
| Jun 30, 2023 | 8.51% |
| Mar 31, 2023 | 7.42% |
| Dec 31, 2022 | 7.14% |
| Sep 30, 2022 | 9.97% |
| Jun 30, 2022 | 7.57% |
| Mar 31, 2022 | 1.24% |
| Dec 31, 2021 | 0.82% |
API Access
Clearwater Paper Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=CLW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=CLW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();