Clearwater Paper (CLW) Tax Rate (2010 - 2026)
Clearwater Paper's (CLW) quarterly Tax Rate came in at 28.57% in Q2 2026, down 597.0% on a YoY basis from 5.75% in Q2 2025, and up 27.41% quarter-over-quarter from 22.42% in Q1 2026.
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Analysis
Clearwater Paper (CLW) Tax Rate (2010 - 2026) Analysis & Trends
Clearwater Paper (CLW) has reported Tax Rate for 17 consecutive years, with 28.57% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 597.0% year-over-year to 28.57%; the trailing twelve-month figure through Jun 2026 stood at 18.76% (down 960.0% YoY), and the FY2025 full-year result was 11.81%, down 1499.0% from the prior year.
- Tax Rate improved to 28.57% in Q2 2026 per CLW's latest filing, from 22.42% in the prior quarter.
- Across five years, Tax Rate topped out at 47.85% in Q3 2022 and bottomed at 32.0% in Q4 2025.
- Historically, Tax Rate has averaged 15.2% across 5 years, with a median of 23.21% in 2022.
- The sharpest annual moves came in 2022 and 2025: Tax Rate surged 6550 bps in 2022, then slumped 6511 bps in 2025.
- Over 5 years, Tax Rate stood at 14.29% in 2022, then soared by 44 bps to 8.0% in 2023, then jumped by 514 bps to 33.11% in 2024, then tumbled by 197 bps to 32.0% in 2025, then soared by 189 bps to 28.57% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 28.57%, 22.42%, and 32.0% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | International Paper | 51.92 Bn | 51.20 Bn | 1.66 Bn | 57.69% |
| 2 | Smurfit Westrock | 22.12 Bn | 21.44 Bn | 1.40 Bn | 31.25% |
| 3 | Packaging Corp Of America | 20.62 Bn | 20.03 Bn | 512.50 Mn | 25.83% |
| 4 | Sonoco Products | 4.82 Bn | 4.65 Bn | 392.38 Mn | 27.79% |
| 5 | Graphic Packaging Holding | 2.79 Bn | 2.58 Bn | 292.00 Mn | 7.69% |
| 6 | Ranpak Holdings | 341.67 Mn | 298.47 Mn | 34.50 Mn | 26.85% |
| 7 | Clearwater Paper | 317.20 Mn | 221.80 Mn | -10.40 Mn | 28.57% |
| 8 | Millennium Group International Holdings | 17.10 Mn | 10.24 Mn | - | - |
| 9 | Dss | 7.79 Mn | 2.64 Mn | - | - |
| 10 | It Tech Packaging | 2.21 Mn | -7.55 Mn | 2.02 Mn | -26.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.57% |
| Mar 31, 2026 | 22.42% |
| Dec 31, 2025 | -32.00% |
| Sep 30, 2025 | 10.76% |
| Jun 30, 2025 | 34.55% |
| Mar 31, 2025 | 23.38% |
| Dec 31, 2024 | 33.11% |
| Sep 30, 2024 | 23.57% |
| Jun 30, 2024 | 25.98% |
| Mar 31, 2024 | -29.41% |
| Dec 31, 2023 | -8.00% |
| Sep 30, 2023 | 19.89% |
| Jun 30, 2023 | 10.78% |
| Mar 31, 2023 | 26.93% |
| Dec 31, 2022 | -14.29% |
| Sep 30, 2022 | 47.85% |
| Jun 30, 2022 | 23.04% |
| Mar 31, 2022 | 26.55% |
| Dec 31, 2021 | 38.85% |
| Sep 30, 2021 | -17.65% |