Clearwater Paper (CLW) Shares Outstanding (Diluted) (2010 - 2026)
Clearwater Paper's Weighted Average Shares Outstanding (Diluted) was 16.13 million in Q3 2026, unchanged from 16.14 million a year earlier and unchanged from the prior quarter.
Clearwater Paper (CLW) Shares Outstanding (Diluted) (2010 - 2026) Analysis & Trends
For FY2025, Weighted Average Shares Outstanding (Diluted) at Clearwater Paper came in at 16.17 million, down 3.6% from FY2024.
- Weighted Average Shares Outstanding (Diluted) has now declined for three consecutive years, with a five-year compound annual growth rate of -0.7% (FY2020 to FY2025).
- In earlier years, Weighted Average Shares Outstanding (Diluted) was 16.78 million in FY2024 (-1.8%), 17.09 million in FY2023 (-0.5%), 17.18 million in FY2022 (+2.5%) and 16.77 million in FY2021 (+0.3%).
- Quarterly Weighted Average Shares Outstanding (Diluted) has moved between 16.08 million (Q1 2026) and 17.18 million (Q4 2022) over five years.
- The best year-over-year quarter for Weighted Average Shares Outstanding (Diluted) over five years was Q4 2022 (growth of 2.5%); the worst was Q4 2025 (a decline of 3.6%).
- Per Business Quant data, CLW's Weighted Average Shares Outstanding (Diluted) in the three quarters before Q3 2026 was 16.13 million (Q2 2026), 16.08 million (Q1 2026) and 16.17 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 23.05 Bn | 20.09 Bn | 1.44 Bn | 528.00 Mn |
| 2 | Packaging Corp Of America | 22.08 Bn | 19.65 Bn | 603.90 Mn | 89.00 Mn |
| 3 | Amcor | 20.81 Bn | 16.21 Bn | 1.16 Bn | 464.60 Mn |
| 4 | International Paper | 18.29 Bn | 14.37 Bn | 1.93 Bn | 529.60 Mn |
| 5 | Ball | 17.38 Bn | 14.54 Bn | 709.00 Mn | 263.82 Mn |
| 6 | Crown Holdings | 13.08 Bn | 10.44 Bn | 724.00 Mn | 108.30 Mn |
| 7 | Sonoco Products | 5.02 Bn | 4.07 Bn | 405.32 Mn | 99.50 Mn |
| 8 | Silgan Holdings | 4.36 Bn | 2.16 Bn | 328.59 Mn | 105.94 Mn |
| 9 | Graphic Packaging Holding | 3.33 Bn | 2.34 Bn | 307.00 Mn | 297.00 Mn |
| 10 | Clearwater Paper | 214.26 Mn | 15.96 Mn | 21.20 Mn | 16.13 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.13 Mn |
| Jun 30, 2026 | 16.13 Mn |
| Mar 31, 2026 | 16.08 Mn |
| Dec 31, 2025 | 16.17 Mn |
| Sep 30, 2025 | 16.14 Mn |
| Jun 30, 2025 | 16.24 Mn |
| Mar 31, 2025 | 16.38 Mn |
| Dec 31, 2024 | 16.78 Mn |
| Sep 30, 2024 | 16.62 Mn |
| Jun 30, 2024 | 16.66 Mn |
| Mar 31, 2024 | 16.90 Mn |
| Dec 31, 2023 | 17.09 Mn |
| Sep 30, 2023 | 16.90 Mn |
| Jun 30, 2023 | 16.96 Mn |
| Mar 31, 2023 | 17.04 Mn |
| Dec 31, 2022 | 17.18 Mn |
| Sep 30, 2022 | 17.09 Mn |
| Jun 30, 2022 | 17.08 Mn |
| Mar 31, 2022 | 17.07 Mn |
| Dec 31, 2021 | 16.77 Mn |
Clearwater Paper Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=CLW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=CLW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();