Foodservice was Clearwater Paper’s largest product and service line in fiscal 2025, bringing in $664.60M of $1.56B (43%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Retail Tissue | — | — | — | — | ||||||
| Retail Tissue [Domain] | — | — | — | — | ||||||
| Paperboard | — | — | — | — | ||||||
| Paperboard [Domain] | — | — | — | — | ||||||
| Folding Carton | $470.70M | $437.50M | $580.20M | $578.90M | ||||||
| Foodservice | $405.20M | $404.80M | $540.40M | $664.60M | ||||||
| Sheeting & Distribution | $186.00M | $157.80M | $160.10M | $150.40M | ||||||
| Non-Retail Tissue [Domain] | — | — | — | — | ||||||
| Other | $133.10M | $135.90M | $102.90M | $161.50M | ||||||
| Non-Retail Tissue | — | — | — | — | ||||||
| Pulp & Paperboard | — | — | — | — | ||||||
| Other [Domain] | — | — | — | — | ||||||
| Total | $1.20B | $1.14B | $1.38B | $1.56B |
Clearwater Paper brought in $1.56B from its four product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 12.4% from $1.38B in fiscal 2024. Foodservice was the largest at $664.60M (42.7%), ahead of Folding Carton at $578.90M (37.2%) and Other at $161.50M (10.4%). The remaining line, Sheeting & Distribution, brought in $150.40M.
Compared with fiscal 2024, Other grew fastest, up 56.9% to $161.50M, while Sheeting & Distribution fell the most, down 6.1% to $150.40M. From fiscal 2022 to 2025, combined revenue from these lines grew from $1.20B to $1.56B, a compound annual growth rate of 9.2%. Foodservice's share of the total rose from 33.9% to 42.7%.
Issuer was Clearwater Paper’s largest revenue line in fiscal 2013, bringing in $1.47B of $1.89B (78%).
| Legal Entity | FY 2011 | FY 2012 | FY 2013 |
|---|---|---|---|
| Issuer | $1.46B | $1.40B | $1.47B |
| Guarantor Subsidiaries | $508.34M | $539.57M | $565.78M |
| Non-Guarantor Subsidiaries | $32.98M | $59.44M | $54.98M |
| Eliminations | -$77.92M | -$129.18M | -$205.03M |
| Total | $1.93B | $1.87B | $1.89B |
Clearwater Paper brought in $1.89B from its four revenue lines in fiscal 2013, the year ended December 31, 2013. That was up 0.8% from $1.87B in fiscal 2012. Issuer was the largest at $1.47B (78.0%), ahead of Guarantor Subsidiaries at $565.78M (29.9%) and Non-Guarantor Subsidiaries at $54.98M (2.9%).
Compared with fiscal 2012, Issuer grew fastest, up 5.0% to $1.47B, while Non-Guarantor Subsidiaries fell the most, down 7.5% to $54.98M. From fiscal 2011 to 2013, combined revenue from these revenue lines fell from $1.93B to $1.89B, a compound annual decline of 1.0%. Issuer's share of the total rose from 76.0% to 78.0%.
The total is net of Eliminations, which took $205.03M off revenue in fiscal 2013.
United States was Clearwater Paper’s largest region in fiscal 2021, bringing in $1.67B of $1.77B (94%).
| Geography | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $1.65B | $1.69B | $1.77B | $1.67B | |||||||||
| Non-Us | $75.60M | $75.30M | $102.40M | $102.40M | |||||||||
| Japan | — | — | — | — | |||||||||
| Canada | — | — | — | — | |||||||||
| Other Foreign Countries | — | — | — | — | |||||||||
| Taiwan | — | — | — | — | |||||||||
| China | — | — | — | — | |||||||||
| Mexico | — | — | — | — | |||||||||
| Korea | — | — | — | — | |||||||||
| Australia | — | — | — | — | |||||||||
| Great Britain | — | — | — | — | |||||||||
| Netherlands | — | — | — | — | |||||||||
| Germany | — | — | — | — | |||||||||
| Vietnam | — | — | — | — | |||||||||
| India | — | — | — | — | |||||||||
| Total | $1.72B | $1.76B | $1.87B | $1.77B |
Clearwater Paper brought in $1.77B from its two regions in fiscal 2021, the year ended December 31, 2021. That was down 5.1% from $1.87B in fiscal 2020. United States was the largest at $1.67B (94.2%), ahead of Non-Us at $102.40M (5.8%).
Compared with fiscal 2020, Non-Us grew 0.0% to $102.40M, while United States fell 5.4% to $1.67B. From fiscal 2018 to 2021, combined revenue from these regions grew from $1.72B to $1.77B, a compound annual growth rate of 0.9%. United States' share of the total fell from 95.6% to 94.2%.
Clearwater Paper (CLW) reports its revenue by product and service, by legal entity and by geography. In fiscal 2025, Foodservice was its largest product and service line, bringing in $664.60M (42.7% of the total), followed by Folding Carton at $578.90M (37.2%).
Foodservice was Clearwater Paper's largest product and service line in fiscal 2025, bringing in $664.60M, or 42.7% of the $1.56B total across its four product and service lines.
Issuer was Clearwater Paper's largest revenue line in fiscal 2013, bringing in $1.47B, or 78.0% of the $1.89B total across its four revenue lines.
United States was Clearwater Paper's largest region in fiscal 2021, bringing in $1.67B, or 94.2% of the $1.77B total across its two regions.
Among Clearwater Paper's product and service lines that make up at least 2% of revenue, Other grew fastest in fiscal 2025, up 56.9% from $102.90M to $161.50M.
Every figure comes from Clearwater Paper's annual financial filings, as reported. Each line keeps the name Clearwater Paper gives it, and years follow its fiscal calendar.
Clearwater Paper's revenue by product and service goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.