Clearwater Paper (CLW)
Supplies SBS paperboard for food-service packaging and folding cartons across North America.
$21.64
vs last close−0.27 (−1.23%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 279 | 269 | 496 | 344 | 393 | 387 | 378 | 392 | 399 | 386 | 360 | 375 |
| Cost of revenue | 228 | 233 | 422 | 346 | 363 | 372 | 342 | 349 | 380 | 369 | 361 | 385 |
| Gross profit | 51 | 36 | 75 | −2 | 30 | 15 | 37 | 43 | 19 | 17 | −1 | −10 |
| 30 | −42 | 44 | 45 | 31 | 28 | 32 | 29 | 24 | 20 | 21 | 14 | |
| 29 | 32 | 37 | 32 | 28 | 27 | 29 | 27 | 24 | 21 | 20 | 21 | |
| General & administrative | 0 | 0 | 37 | 0 | 0 | 0 | 29 | 27 | 24 | 21 | 20 | 0 |
| Other expenses | 1 | −74 | 7 | 13 | 3 | 1 | 3 | 2 | 0 | −1 | 1 | −8 |
| Operating income | 21 | 78 | 30 | −47 | −1 | −13 | 5 | 15 | −5 | −3 | −21 | −24 |
| −2 | −81 | −6 | −9 | −13 | −17 | −13 | −9 | −56 | 5 | 5 | −6 | |
| Interest income | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 1 |
| Interest expense | 3 | 3 | 2 | 10 | 14 | 6 | 3 | 4 | 5 | 5 | 5 | 6 |
| Other non-operating income | −1 | 74 | −1 | −1 | 0 | 10 | 10 | 5 | 51 | −10 | −10 | −1 |
| Income before tax | 19 | −2 | 24 | −56 | −14 | −29 | −8 | 6 | −60 | 3 | −17 | −30 |
| Income tax expense | 4 | 0 | 7 | −15 | −3 | −10 | −2 | 2 | −7 | −1 | −4 | −9 |
| Net income from continuing operations | 15 | −3 | 17 | −42 | −11 | −20 | −6 | 4 | −54 | 3 | −13 | −22 |
| Discontinued operations | 22 | 20 | 0 | 0 | 17 | −88 | 0 | −1 | 1 | 35 | 0 | 0 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 37 | 18 | 17 | −42 | 6 | −108 | −6 | 3 | −53 | 38 | −13 | −22 |
| EPS, basic | $2.19 | $1.06 | $1.04 | −$1.55 | $0.35 | −$6.44 | −$0.38 | $0.17 | −$3.30 | $2.39 | −$0.80 | −$1.33 |
| EPS, diluted | $2.17 | $1.04 | $1.02 | −$1.55 | $0.35 | −$6.44 | −$0.38 | $0.17 | −$3.30 | $2.39 | −$0.80 | −$1.33 |
| Weighted average shares, basic | 17 | 17 | 17 | 17 | 17 | 17 | 16 | 16 | 16 | 16 | 16 | 16 |
| Weighted average shares, diluted | 17 | 17 | 17 | 17 | 17 | 17 | 16 | 16 | 16 | 16 | 16 | 16 |
| EBITDA | 46 | 29 | 54 | −15 | 23 | −1 | 18 | 32 | −32 | 31 | 12 | 0 |
| Depreciation & amortization | 24 | 25 | 23 | 31 | 24 | 22 | 22 | 23 | 24 | 24 | 23 | 23 |
| EBIT | 22 | 4 | 31 | −46 | −1 | −23 | −4 | 9 | −56 | 7 | −12 | −23 |
