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Clearwater Paper CLW Operating margin

Operating margin at other companies

Graphic Packaging Holding logo
Graphic Packaging HoldingGPK
7%-5.3pp
Rayonier Advanced Materials logo
Rayonier Advanced MaterialsRYAM
-3.2%-3.7pp
Smurfit Kappa Group logo
Smurfit Kappa GroupSW
4.5%-0.3pp
Packaging Corp of America logo
Packaging Corp of AmericaPKG
11.7%-2.2pp
Sonoco Products logo
Sonoco ProductsSON
13.6%+6.9pp
Ball Corporation logo
Ball CorporationBALL
9.6%+2.1pp

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
Net margin9.1%+8.0pp
FCF margin-11.7%-25.4pp

Returns & leverage

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Return on equity19.6%+17.4pp
Debt / equity0.5×+0.1×
Current ratio2.6×+0.9×

Where this comes from

Calculated from Clearwater Paper’s reported figures.

Based on trailing twelve months.

The official record: Clearwater Paper’s 10-Q, filed October 28, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Clearwater Paper's operating margin?
Clearwater Paper (CLW) reported operating margin of -4.2% in Q3 2025.
How has Clearwater Paper's operating margin changed year-over-year?
Clearwater Paper's operating margin decreased by 14.0% year-over-year, from -3.7% to -4.2%.
What is the long-term trend for Clearwater Paper's operating margin?
Over 3 years (2020 to 2024), Clearwater Paper's operating margin has grown at a -18.0% compound annual growth rate (CAGR), from 8.5% to -4.7%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.