Clearwater Paper (CLW) Tax Rate (2010 - 2025)
Clearwater Paper (CLW) recorded Tax Rate of 28.57% in Q2 2026, down 5.97 percentage points from 34.55% a year earlier but up 6.15 percentage points from the prior quarter.
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Analysis
Clearwater Paper (CLW) Tax Rate (2010 - 2025) Analysis & Trends
On a TTM basis, Clearwater Paper's Tax Rate came in at 18.76% as of Jun 30, 2026, down 9.60 percentage points year-over-year; for FY2025, it was 11.81%, down 14.99 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -9.67 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 26.81% in FY2024 (+1.04 pp), 25.76% in FY2023 (-9.89 pp), 35.65% in FY2022 (+14.08 pp) and 21.57% in FY2021 (+0.08 pp).
- Quarterly Tax Rate has ranged from -32.00% in Q4 2025 to 47.85% in Q3 2022 over the past five years.
- On a year-over-year basis, Tax Rate has declined for four consecutive quarters, with an average year-over-year change of +2.66 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 65.50 percentage points in Q3 2022, against a drop of 65.11 percentage points in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 22.42% (Q1 2026), -32.00% (Q4 2025) and 10.76% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Smurfit Westrock | 22.58 Bn | 19.51 Bn | 1.40 Bn | 31.25% |
| 2 | Packaging Corp Of America | 20.47 Bn | 18.00 Bn | 512.50 Mn | 25.83% |
| 3 | International Paper | 20.39 Bn | 16.29 Bn | 1.66 Bn | - |
| 4 | Amcor | 19.34 Bn | 14.77 Bn | 1.34 Bn | 20.00% |
| 5 | Ball | 14.96 Bn | 11.98 Bn | 697.00 Mn | 23.38% |
| 6 | Crown Holdings | 11.55 Bn | 8.87 Bn | 748.00 Mn | 24.38% |
| 7 | Sonoco Products | 4.80 Bn | 3.80 Bn | 392.38 Mn | 27.79% |
| 8 | Silgan Holdings | 3.67 Bn | 1.42 Bn | 294.88 Mn | 28.05% |
| 9 | Graphic Packaging Holding | 2.66 Bn | 1.88 Bn | 292.00 Mn | 7.69% |
| 10 | Clearwater Paper | 314.33 Mn | 117.33 Mn | -10.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 34.55% |
| Sep 30, 2023 | 19.89% |
| Jun 30, 2023 | 10.78% |
| Mar 31, 2023 | 26.93% |
| Sep 30, 2022 | 47.85% |
| Jun 30, 2022 | 23.04% |
| Mar 31, 2022 | 26.55% |
| Dec 31, 2021 | 38.85% |
| Mar 31, 2021 | 20.92% |
| Dec 31, 2020 | 23.73% |
| Sep 30, 2020 | 31.63% |
| Jun 30, 2020 | 31.33% |
| Mar 31, 2020 | 151.22% |
| Dec 31, 2019 | 55.81% |
| Jun 30, 2019 | 113.79% |
| Mar 31, 2019 | 15.56% |
| Sep 30, 2018 | 9.64% |
| Jun 30, 2018 | 26.50% |
| Jun 30, 2017 | 32.98% |
| Mar 31, 2017 | 39.95% |
API Access
Clearwater Paper Tax Rate 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=tax-rate&ticker=CLW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=CLW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();