Clearwater Paper Corp
CLWNYSEMaterials · Paperboard Mills · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $1.56B | $1.38B | $1.14B | $1.20B | $1.77B | $1.87B |
| Operating income | −$42.1M | −$64.5M | $78.1M | $99.3M | $12.0M | $158.1M |
| Net income | −$18.6M | $17.2M | $23.8M | $46.0M | −$28.1M | $77.1M |
| Total assets | $1.59B | $1.68B | $1.67B | $1.70B | $1.69B | $1.80B |
| Total liabilities | $763.0M | $824.7M | $1.00B | $1.13B | $1.18B | $1.28B |
| Equity | $825.3M | $854.6M | $668.8M | $572.1M | $511.7M | $521.1M |
| EPS (diluted) | $-1.15 | $1.03 | $1.40 | $2.68 | $-1.67 | $4.61 |
| Shares out. | 16.2M | 16.5M | 16.8M | 16.7M | 16.6M | 16.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −2.7%
- Net margin
- −1.2%
- Return on equity
- −2.3%
- Return on assets
- −1.2%
- Return on capital (ROCE)
- −3.1%
- Liabilities / assets
- 48.0%
- Debt / equity
- 0.92×
- Book value / share
- $51.02
- Revenue growth (YoY)
- 12.4%
- Net income growth (YoY)
- −208.1%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 4.01safe
- Accruals / assets
- −1.9%clean
- Beneish M-Score
- -2.79normal
- Piotroski F-Score
- 7/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 warning● 5 good- Operating losses (negative operating margin)
- Reported a net loss
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Blackrock, Inc.Passive (13G)Apr 24, 2026
- Vanguard Group IncPassive (13G)Mar 26, 2026
- Southeastern Asset Management Inc/Tn/Passive (13G)Feb 13, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 820,472 | 4.7 | -6.0% |
| Apr 30, 2026 | 873,292 | 3.8 | +14.2% |
| Apr 15, 2026 | 764,983 | 6.1 | -10.6% |
| Mar 31, 2026 | 855,979 | 3.7 | +1.4% |
| Mar 13, 2026 | 843,785 | 4.0 | +15.9% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer change · Amended charter or bylaws · Shareholder voteMay 12, 2026
- Results of operationsApr 28, 2026
- Results of operationsFeb 18, 2026
- Results of operations · Director / officer changeOct 28, 2025
- Results of operationsJul 29, 2025
- Director / officer changeMay 21, 2025
- Director / officer change · Shareholder voteMay 12, 2025
- Results of operationsApr 29, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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