Clearwater Paper (CLW) Tax Rate (2016 - 2026)
Quarterly Tax Rate fell 95.0% to 22.42% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 13.21% through Mar 2026, down 1422.0% year-over-year, with the annual reading at 11.81% for FY2025, 1499.0% down from the prior year.
Clearwater Paper (CLW) has disclosed Tax Rate for 17 consecutive years, with 22.42% as the latest value for Q1 2026.
- Tax Rate for Q1 2026 was 22.42% at Clearwater Paper, up from 32.0% in the prior quarter.
- The five-year high for Tax Rate was 47.85% in Q3 2022, with the low at 32.0% in Q4 2025.
- Average Tax Rate over 5 years is 14.42%, with a median of 23.04% recorded in 2022.
- The sharpest move saw Tax Rate skyrocketed 6550bps in 2022, then tumbled -6511bps in 2025.
- Clearwater Paper's Tax Rate stood at 14.29% in 2022, then surged by 44bps to 8.0% in 2023, then soared by 514bps to 33.11% in 2024, then crashed by -197bps to 32.0% in 2025, then surged by 170bps to 22.42% in 2026.
- Per Business Quant, the three most recent readings for CLW's Tax Rate are 22.42% (Q1 2026), 32.0% (Q4 2025), and 10.76% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Suzano | 38.93 Bn | 34.37 Bn | 600.58 Mn | - |
| 2 | Sylvamo | 1.51 Bn | 1.31 Bn | 125.00 Mn | 50.00 |
| 3 | Magnera | 378.03 Mn | 75.03 Mn | 95.00 Mn | -5.88 |
| 4 | Clearwater Paper | 227.85 Mn | 191.35 Mn | -900,000.00 | 22.42 |
| 5 | Mercer International | 64.31 Mn | -25.23 Mn | 36.32 Mn | 13.59 |
| 6 | It Tech Packaging | - | - | 2.02 Mn | -26.83 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.42 |
| Mar 31, 2026 | 22.42 |
| Dec 31, 2025 | -32.00 |
| Dec 31, 2025 | -32.00 |
| Sep 30, 2025 | 10.76 |
| Sep 30, 2025 | 10.76 |
| Jun 30, 2025 | 34.55 |
| Jun 30, 2025 | 34.55 |
| Mar 31, 2025 | 23.38 |
| Mar 31, 2025 | 23.38 |
| Dec 31, 2024 | 33.11 |
| Dec 31, 2024 | 33.11 |
| Sep 30, 2024 | 23.57 |
| Sep 30, 2024 | 23.57 |
| Jun 30, 2024 | 25.98 |
| Jun 30, 2024 | 25.98 |
| Mar 31, 2024 | -29.41 |
| Mar 31, 2024 | -29.41 |
| Dec 31, 2023 | -8.00 |
| Dec 31, 2023 | -8.00 |
| Sep 30, 2023 | 19.89 |
| Sep 30, 2023 | 19.89 |
| Jun 30, 2023 | 10.78 |
| Jun 30, 2023 | 10.78 |
| Mar 31, 2023 | 26.93 |
| Mar 31, 2023 | 26.93 |
| Dec 31, 2022 | -14.29 |
| Dec 31, 2022 | -14.29 |
| Sep 30, 2022 | 47.85 |
| Sep 30, 2022 | 47.85 |
| Jun 30, 2022 | 23.04 |
| Jun 30, 2022 | 23.04 |
| Mar 31, 2022 | 26.55 |
| Mar 31, 2022 | 26.55 |
| Dec 31, 2021 | 38.85 |
| Dec 31, 2021 | 38.85 |
| Sep 30, 2021 | -17.65 |
| Sep 30, 2021 | -17.65 |
| Jun 30, 2021 | 24.42 |
| Jun 30, 2021 | 24.42 |
| Mar 31, 2021 | 20.92 |
| Mar 31, 2021 | 20.92 |
| Dec 31, 2020 | 23.73 |
| Dec 31, 2020 | 23.73 |
| Sep 30, 2020 | 31.63 |
| Sep 30, 2020 | 31.63 |
| Jun 30, 2020 | 31.33 |
| Jun 30, 2020 | 31.33 |
| Mar 31, 2020 | 151.22 |
| Mar 31, 2020 | 151.22 |
| Dec 31, 2019 | 55.81 |
| Dec 31, 2019 | 55.81 |
| Sep 30, 2019 | 44.16 |
| Sep 30, 2019 | 44.16 |
| Jun 30, 2019 | 113.79 |
| Jun 30, 2019 | 113.79 |
| Mar 31, 2019 | 15.56 |
| Mar 31, 2019 | 15.56 |
| Dec 31, 2018 | -2.44 |
| Dec 31, 2018 | -2.44 |
| Sep 30, 2018 | 9.64 |
| Sep 30, 2018 | 9.64 |
| Jun 30, 2018 | 26.50 |
| Jun 30, 2018 | 26.50 |
| Mar 31, 2018 | -16.07 |
| Mar 31, 2018 | -16.07 |
| Dec 31, 2017 | -334.28 |
| Dec 31, 2017 | -334.28 |
| Sep 30, 2017 | 138.66 |
| Sep 30, 2017 | 138.66 |
| Jun 30, 2017 | 32.98 |
| Jun 30, 2017 | 32.98 |
| Mar 31, 2017 | 39.95 |
| Mar 31, 2017 | 39.95 |
| Dec 31, 2016 | 41.67 |
| Dec 31, 2016 | 41.67 |
| Sep 30, 2016 | 48.81 |
| Sep 30, 2016 | 48.81 |
| Jun 30, 2016 | 36.33 |
| Jun 30, 2016 | 36.33 |