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Clearwater Paper CLW Debt-to-equity

Debt-to-equity at other companies

International Paper logo
International PaperIP
0.7×+0.1×
Graphic Packaging Holding logo
Graphic Packaging HoldingGPK
1.6×-0.2×
Rayonier Advanced Materials logo
Rayonier Advanced MaterialsRYAM
3.5×+2.3×
Smurfit Kappa Group logo
Smurfit Kappa GroupSW
0.8×-0.1×
Packaging Corp of America logo
Packaging Corp of AmericaPKG
+0.3×
Sonoco Products logo
Sonoco ProductsSON
1.8×-2.2×

Other financials

Income statement

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Revenue$360.3M-4.7%
Gross profit-$900.0K-102%
Operating income-$10.4M-160%
Net income-$12.8M-103%
EPS (diluted)-$0.80-111%

Balance sheet

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Cash & equivalents$36.5M-17.0%
Total debt$382.1M+30.5%
Total equity$813.8M-2.7%
Total assets$1.6B-3.9%

Cash flow

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Operating cash flow$500.0K-66.7%
CapEx$9.1M-72.2%
Free cash flow-$8.6M+72.4%

Valuation

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Market cap$252.84M-43.6%
Enterprise value$598.44M-20.6%
P/S0.2×-0.1×

Profitability

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Gross margin5.1%-0.2pp
Operating margin-4.2%+0.7pp
Net margin9.1%+8.0pp
FCF margin-11.7%-25.4pp

Returns & leverage

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Return on equity19.6%+17.4pp
Current ratio2.6×+0.9×

Where this comes from

Calculated from Clearwater Paper’s reported figures.

Based on the most recent quarter.

The official record: Clearwater Paper’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Clearwater Paper's debt-to-equity?
Clearwater Paper (CLW) reported debt-to-equity of 0.5× in Q1 2026.
How has Clearwater Paper's debt-to-equity changed year-over-year?
Clearwater Paper's debt-to-equity increased by 34.1% year-over-year, from 0.4× to 0.5×.
What is the long-term trend for Clearwater Paper's debt-to-equity?
Over 5 years (2020 to 2025), Clearwater Paper's debt-to-equity has grown at a -20.8% compound annual growth rate (CAGR), from 1.6× to 0.5×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.