Clearwater Paper Q4 2025 Earnings Call Insights
Clearwater Paper reported a 12% year-over-year increase in net sales for 2025 but faces pricing and margin pressures and expects a breakeven adjusted EBITDA for Q1 2026 due to operational disruptions and costs from severe weather. The company achieved significant cost control, reducing SG&A expenses, and plans to launch a new product line, Valora, and complete a $60 million investment at Cypress Bend to capture market demand. Truist analyst Michael Roxland lowered the firm's price target on Clearwater Paper to $16 from $21 and maintains a Hold rating, citing market and price weakness impacting the company's outlook.
Clearwater Paper: Fourth Quarter Earnings Overview
Clearwater Paper Corp. reported a net profit of $38.3 million, or $2.39 per share, for the fourth quarter. After adjustments, the company posted an adjusted loss of 42 cents per share on revenues of $386.4 million. For the full year, Clearwater Paper recorded a net loss of $18.6 million ($1.15 per share) with total annual revenue reaching $1.56 billion.
Clearwater Paper: Fourth Quarter Earnings Overview
Clearwater Paper Corp. reported a net profit of $38.3 million, or $2.39 per share, for the fourth quarter, with an adjusted loss of 42 cents per share after one-time adjustments. Revenue for the quarter was $386.4 million. For the full year, the company experienced a net loss of $18.6 million on total revenue of $1.56 billion.
Clearwater Paper (NYSE: CLW) posts 2025 loss as Adjusted EBITDA triples
Clearwater Paper (NYSE: CLW) reported a net loss of $53 million for 2025 due to a goodwill impairment, despite an 12% increase in net sales to $1.6 billion and a tripling of Adjusted EBITDA to $107.2 million, driven by cost reductions. The company forecasts roughly breakeven Adjusted EBITDA for Q1 2026, impacted by severe weather, and anticipates 2026 revenues between $1.4 billion and $1.5 billion.
Storms Already Cut $20M From Clearwater Paper’s 2026 EBITDA
Clearwater Paper Corporation reported its financial results for the fourth quarter and full year 2025, with net sales reaching $1.6 billion, up 12% from 2024, and Adjusted EBITDA improving to $107 million. However, the company projects a $20 million reduction in Adjusted EBITDA for early 2026 due to severe weather disrupting operations at its Augusta and Cypress Bend facilities. Despite current industry oversupply, the company anticipates a recovery in the medium term, driven by demand growth, lower imports, and domestic supply changes.
Clearwater Paper: Q4 Earnings Snapshot
Clearwater Paper Corp. (CLW) reported a fourth-quarter profit of $38.3 million, or $2.39 per share. Adjusted for non-recurring gains, the company's loss was 42 cents per share, with revenue reaching $386.4 million. For the full year, Clearwater Paper posted a loss of $18.6 million on $1.56 billion in revenue.
Clearwater Paper: Fourth Quarter Earnings Overview
Clearwater Paper Corp. reported a net profit of $38.3 million, or $2.39 per share, for the fourth quarter, with an adjusted loss of 42 cents per share after one-time items and discontinued operations. The company generated $386.4 million in quarterly revenue. For the full year, Clearwater Paper posted a net loss of $18.6 million on $1.56 billion in revenue.
Clearwater Paper CEO, CFO to speak at BofA industry conference Feb. 25
Clearwater Paper Corporation (NYSE: CLW) announced its participation in the Bank of America 2026 Global Agricultural and Materials Conference on February 25, 2026. President and CEO Arsen Kitch will participate in two presentations and will be available for one-on-one meetings with CFO Sherri Baker. The company, headquartered in Spokane, Wash., is a leading independent supplier of paperboard packaging products in North America.
Clearwater Paper Corporation (NYSE:CLW) Given Average Recommendation of "Hold" by Brokerages
Clearwater Paper Corporation (NYSE:CLW) has received a consensus "Hold" rating from brokerages, with an average 12-month target price of $27.75. The stock recently traded at $17.51, and the company has a market capitalization of $280.92 million with a P/E ratio of 2.06. Insider selling and high institutional ownership are noted, with a VP selling shares and institutional investors holding nearly 90% of the stock.
Clearwater Paper leaders to review 2025 results on Feb. 18 call
Clearwater Paper Corporation (NYSE: CLW) is scheduled to release its fourth quarter and full year 2025 financial results on February 18, 2026, after market close. President and CEO, Arsen Kitch, and CFO, Sherri Baker, will host a conference call on the same day at 2 p.m. Pacific Time to discuss the results. Interested parties can register for the call via a provided link and access the webcast and presentation slides on the company's investor relations website.
Clearwater Paper downgraded to ’B+’ at S&P on weak performance By Investing.com
S&P Global Ratings has downgraded Clearwater Paper Corp. to 'B+' from 'BB-' with a negative outlook, citing weaker-than-expected performance and adjusted leverage exceeding 4x. The downgrade is attributed to weak earnings and increasing excess solid bleached sulfate (SBS) paperboard capacity in the U.S. market, which is expected to pressure industry pricing and keep Clearwater's utilization rates low. S&P projects adjusted EBITDA of $87 million and an adjusted debt to EBITDA ratio in the 4x-5x range by the end of 2026, with cash flow deficits and high capital expenditures posing significant risks.
Clearwater Paper downgraded to ’B+’ at S&P on weak performance By Investing.com
S&P Global Ratings has downgraded Clearwater Paper Corp. to 'B+' from 'BB-' with a negative outlook, citing weaker-than-expected performance and projecting S&P Global Ratings-adjusted leverage to exceed 4x for the next 12 months. This downgrade is driven by anticipated weak earnings, increasing excess solid bleached sulfate (SBS) paperboard capacity in the U.S. market, and expected cash flow deficits due to high capital expenditure needs. S&P foresees the company's adjusted debt to EBITDA ratio falling in the 4x-5x range by the end of 2026, with facilities operating below normal demand capacity in 2026.
With 83% ownership of the shares, Clearwater Paper Corporation (NYSE:CLW) is heavily dominated by institutional owners
Institutional investors hold a significant 83% ownership in Clearwater Paper Corporation (NYSE:CLW), indicating their potential influence on the company's stock price and decisions. BlackRock, Dimensional Fund Advisors LP, and The Vanguard Group, Inc. are among the largest shareholders, collectively owning a substantial portion of the company. Despite this heavy institutional presence, no single shareholder has outright control, and insider ownership, though smaller, shows alignment with the company's long-term interests.
Clearwater Paper Corporation (NYSE:CLW) Given Average Recommendation of "Moderate Buy" by Brokerages
Clearwater Paper Corporation (NYSE:CLW) has received a "Moderate Buy" consensus rating from five brokerages, with an average 12-month target price of $30.00. The company's shares opened at $20.32, and it has a market capitalization of $326 million. Recent insider activity includes a VP selling shares, though institutional ownership remains high at nearly 90%.
Why Investors Shouldn't Be Surprised By Clearwater Paper Corporation's (NYSE:CLW) P/S
Clearwater Paper Corporation's (NYSE:CLW) price-to-sales (P/S) ratio of 0.2x aligns with the broader Forestry industry average in the United States, which is not surprising given its performance. Although the company has recently shown revenue growth against an industry decline, analysts forecast a modest revenue decrease of 1.3% for the next year, similar to the predicted industry contraction of 0.1%. This moderate outlook supports why its P/S ratio remains in line with its peers, but the article warns that shrinking revenues could potentially lead to shareholder disappointment if long-term growth doesn't improve.
Investors in Clearwater Paper (NYSE:CLW) have unfortunately lost 52% over the last five years
Clearwater Paper Corporation (NYSE:CLW) investors have seen a 52% loss over the past five years, with a 41% drop in the last year alone. The company has experienced a 7.8% annual revenue reduction over half a decade, and analysts advise caution due to non-profitability and declining revenue. The article warns investors to assess the underlying business fundamentals before making investment decisions.
RBC Capital Remains a Buy on Clearwater Paper (CLW)
RBC Capital has maintained a Buy rating for Clearwater Paper (CLW) with a price target of $25.00, according to analyst Matt McKellar. The company has a Moderate Buy consensus among analysts with a target of $30.00. Clearwater Paper recently reported a quarterly revenue of $399 million and a GAAP net loss of $53.9 million for the quarter ending September 30.
Clearwater Paper Corporation (NYSE:CLW) Given Consensus Recommendation of "Moderate Buy" by Brokerages
Clearwater Paper Corporation (NYSE:CLW) has received a consensus "Moderate Buy" rating from five brokerages, with an average 12-month price target of $30.00. Insider activity shows VP Steve M. Bowden sold 8,889 shares, reducing his stake, while several institutional investors have adjusted their holdings. The stock currently trades near $18, reflecting a low P/E of 2.14, suggesting a potentially depressed valuation for the company.
American Century Companies Inc. Sells 73,412 Shares of Clearwater Paper Corporation $CLW
American Century Companies Inc. reduced its stake in Clearwater Paper Corporation ($CLW) by 12.3% in the second quarter, selling 73,412 shares and now holding 524,538 shares valued at approximately $14.29 million. Despite this, analysts maintain a "Moderate Buy" rating for CLW with a consensus target price of $30.00, indicating potential upside from its current trading price of $18.12. Insider activity shows VP Steve M. Bowden sold 8,889 shares, while institutional investors own nearly 90% of the company's stock.
VP Bowden Surrenders 8,889 Of Clearwater Paper Corp [CLW]
VP Bowden of Clearwater Paper Corp (CLW) surrendered 8,889 shares valued at $161,246 on November 28, 2025. This transaction was a planned surrender to cover option exercise costs and/or tax liabilities, executed under a prearranged trading plan. His direct holdings after this transaction are 68,516 shares.
Clearwater Paper Corp Senior VP Steve M Bowden Sells Shares
Steve M Bowden, Senior Vice President and 10% Owner of Clearwater Paper Corp (CLW), sold 8,889 shares of common stock on November 28, 2025, for a total of $161,246. The shares were sold at a weighted average price of $18.14 per share, and the transaction was executed under a 10b5-1 Trading Plan for tax purposes. Following the sale, Bowden directly owns 68,516 shares of the company.
Market Concerns Led to Clearwater Paper (CLW) Sell-Off Amid Weak Demand Outlook for SBS Paperboard
Clearwater Paper Corporation (CLW) experienced a sell-off due to management signaling weaker-than-anticipated demand in the solid bleached sulfate (SBS) paperboard market. Despite this, Longleaf Partners Small-Cap Fund, an investor, recognizes potential balancing factors such as competitor closures, tariffs, and the company's positive capital allocation history including share repurchases. The stock's performance places it off the list of 30 Most Popular Stocks Among Hedge Funds, with a suggestion that certain AI stocks might offer better upside potential.
Are Investors Undervaluing Clearwater Paper Corporation (NYSE:CLW) By 32%?
According to Simply Wall St's Discounted Cash Flow (DCF) model, Clearwater Paper Corporation (NYSE:CLW) appears to be undervalued by approximately 32% based on its current share price of US$17.77 against a projected fair value of US$26.19. The analysis forecasts future cash flows over a two-stage growth period, incorporating analyst estimates and a terminal value calculation, with a discount rate of 12%. The valuation suggests that investors might be underestimating the company's intrinsic worth.
Brandywine Global Investment Management LLC Acquires Shares of 70,020 Clearwater Paper Corporation $CLW
Brandywine Global Investment Management LLC has acquired a new stake of 70,020 shares in Clearwater Paper Corporation, valued at approximately $1.91 million. This acquisition, alongside increased holdings from other institutional investors, brings the institutional ownership of Clearwater Paper to about 89.98%. Despite mixed financial signals such as a recent quarterly loss, analysts maintain a "Moderate Buy" rating with a $30 price target, indicating significant upside potential for the company.
Is Clearwater Paper (NYSE:CLW) Using Debt Sensibly?
Clearwater Paper Corporation (NYSE:CLW) carries a significant amount of debt, with net debt at US$293.1m in September 2025. The company's liabilities of US$582.3m outweigh its cash and near-term receivables, creating a concerning deficit. Despite revenue growth, Clearwater Paper reported an EBIT loss of US$4.3m and negative free cash flow of US$135m over the last year, suggesting the stock carries considerable risk for potential investors.
Clearwater Paper Corp Navigates Challenges in Earnings Call
Clearwater Paper Corp. reported a challenging third quarter due to decreased demand in both its tissue and paperboard segments, leading to reduced volumes and lower prices. Despite these headwinds, the company maintained strong operational performance and effective cost control, successfully repaying 25% of its unsecured notes using free cash flow. Looking ahead, Clearwater Paper anticipates continued market softness and inventory destocking in the fourth quarter, but remains optimistic about long-term demand and strategic capital projects aimed at improving efficiency and reducing costs.
Clearwater Paper Corp reports results for the quarter ended September 30 - Earnings Summary
Clearwater Paper Corp (CLW) reported an adjusted loss of $3.30 per share for the quarter ended September 30, missing analyst expectations of a 53-cent loss. Revenue fell 38% to $399.00 million, while analysts had expected $387.86 million. Despite the poor quarterly performance, analysts maintain a "buy" rating on the shares with a median 12-month price target of $31.50.
Clearwater Paper Announces Availability and Timing of Third Quarter 2025 Earnings Conference Call and Webcast - Stock Titan
Clearwater Paper Corporation announced that it will release its third-quarter 2025 results on Tuesday, October 28, 2025, after market close. President and CEO, Arsen Kitch, and CFO, Sherri Baker, will discuss the results during a conference call and webcast at 2 p.m. Pacific Time on the same day. Registration details for the conference call and access to the webcast and presentation slides are available on Clearwater Paper's website.
Clearwater Paper Corp. Hits New 52-Week Low at $20.29
Clearwater Paper Corp. has reached a new 52-week low of $20.29, reflecting a significant decline in its stock price and ongoing financial challenges. The company has experienced a 59.69% drop in stock value over the past year, negative quarterly profits, and substantial losses, raising concerns about its long-term growth prospects in the Paper, Forest & Jute Products industry. This performance starkly contrasts with the S&P 500's gain of 16.09% in the same period.
Clearwater Paper Corp. Hits New 52-Week Low at $20.46
Clearwater Paper Corp. has reached a new 52-week low of $20.46, marking a 59.1% decline in its stock price over the past year. The company has reported negative financial results for five consecutive quarters, including a significant drop in net profit and negative operating cash flow. These indicators raise concerns about the microcap company's long-term growth prospects and market viability.
Augusta mayor makes statement on paper mill closures
Augusta Mayor Garnett Johnson issued a statement regarding International Paper's decision to close mills in Savannah and Riceboro, expressing his empathy due to his own past connections to the paper industry in Augusta. He highlighted the significant impact the Augusta paper mill had on the local economy and employment for over 60 years. The mayor also advised community members to keep the affected cities in their thoughts while appreciating Augusta's manufacturing partners.
With A 26% Price Drop For Clearwater Paper Corporation (NYSE:CLW) You'll Still Get What You Pay For
Clearwater Paper Corporation's share price recently dropped by 26%, contributing to a 35% decline over the last twelve months. Despite this, its price-to-sales (P/S) ratio of 0.2x aligns with the industry median, suggesting investors might be overlooking underlying opportunities or risks. The company has shown strong revenue growth recently, but a look at analyst forecasts indicates future growth is expected to closely match the overall industry average.
Earnings call transcript: Clearwater Paper Q2 2025 misses EPS forecast
Clearwater Paper (CLW) reported its Q2 2025 earnings, missing EPS forecasts significantly with $0.17 against an expected $0.73, a 76.71% negative surprise. Revenue also slightly missed projections at $392 million. Despite a slight aftermarket stock decline, the company maintains a "Fair" financial health score and is exploring a $50 million investment in new product capabilities while focusing on cost reduction and operational execution.
Clearwater Paper Reports Second Quarter 2025 Results
Clearwater Paper Corporation reported strong financial results for the second quarter of 2025, with net sales up 14% to $392 million and a net income from continuing operations of $4 million, or $0.22 per diluted share. The increase was primarily driven by incremental volume from the Augusta mill acquisition and benefits from fixed cost reduction actions. The company also repurchased $4 million of outstanding shares during the quarter and emphasized its focus on operational execution and cost reduction amid industry oversupply.
American Paper sues Clearwater over alleged unjust end of contract
American Paper Corp. has filed a federal lawsuit against Clearwater Paper Corp., alleging the Idaho-based manufacturer unlawfully terminated a long-standing sales agreement and violated Puerto Rico's Act 21. American Paper, which handled exclusive sales representation for SBS paperboard since 2011, claims the termination was without just cause and seeks over $600,000 in damages. Clearwater cited a company policy against third-party sales agents, but American Paper asserts it was fulfilling all obligations and received no advance notice.
Clearwater Paper Leadership Team Opens Up: Key Insights Coming at Wells Fargo Conference
Clearwater Paper Corporation (NYSE: CLW) announced its participation in the Wells Fargo 2025 Industrials & Materials Conference on June 10, 2025. President and CEO Arsen Kitch will engage in a fireside chat, accompanied by SVP and CFO Sherri Baker for investor meetings. The company, headquartered in Spokane, Wash., is a major independent supplier of paperboard packaging products in North America.
Clearwater Paper’s CEO remains in charge following employment agreement renewal
Clearwater Paper Corp. has renewed the employment agreement for its President and CEO, Arsen Kitch, for another year, effective April 1. Kitch will continue to serve on the company's board of directors, with the agreement set to automatically renew annually unless otherwise decided by either party. He assumed leadership of the Spokane, Washington-based company in 2020.
Clearwater Paper to lay off 23 employees in Lewiston amid restructuring efforts
Clearwater Paper announced layoffs of 23 employees at its Lewiston, Idaho mill and the elimination of 50 unfilled positions as part of a 10% global workforce reduction. This restructuring follows the sale of its tissue operations to Sofidel America Corp., allowing Clearwater Paper to focus on pulp and paperboard production. The company attributes the layoffs to high overhead costs and a downturn in the paperboard market, while committing to supporting affected employees and the Lewiston community.
Augusta's No. 3 manufacturer to be sold. Here's the next owner and what lies ahead.
Augusta's third-largest manufacturer, Graphic Packaging's bleached-paperboard facility, is being sold to Spokane-based Clearwater Paper Corp. for $700 million. The plant, which employs 660 people, produces paperboard for consumer packaging items like disposable coffee cups. The transaction is expected to close in the second quarter of 2024, pending regulatory approvals.
Sofidel conclui compra do negócio de tissue da Clearwater Paper por US$ 1,06 bilhão
Sofidel America Corp. has completed the acquisition of Clearwater Paper Corporation's tissue business for $1.06 billion. This strategic move allows Clearwater Paper to focus on becoming an independent supplier of paperboard packaging, using the proceeds to reduce debt and strengthen its balance sheet. The transaction separates the tissue business from Clearwater, enabling them to expand their paperboard operations and create long-term shareholder value.
Clearwater Paper details transition to paperboard focus amid sales jump
Clearwater Paper reported a significant jump in Q3 2024 sales, largely due to its acquisition of a bleached paperboard mill in Augusta, Georgia, and is transitioning its business to focus solely on paperboard after selling its tissue business. The company faced a $5 million negative impact from Hurricane Helene in Q3, with more expected in Q4, but anticipates cost savings and strategic investments in its paperboard operations.
Clearwater Paper Announces the Closing of the Sale of its Tissue Business
Clearwater Paper Corporation announced the successful completion of the sale of its tissue business to Sofidel America Corp. for $1.06 billion in cash. This sale marks a significant step in the company's transformation to become a premier independent supplier of paperboard packaging products in North America, with proceeds used to reduce debt and strengthen its balance sheet. The company also announced its third-quarter 2024 earnings release on November 4, 2024.
Sofidel Finalizes the Acquisition of the Tissue Division of Clearwater Paper Corporation and Becomes the Fourth Largest Tissue Paper Producer in North America
Sofidel has finalized its acquisition of the tissue division of Clearwater Paper Corporation for $1.06 billion, significantly increasing its production capacity and geographic coverage in North America. This acquisition makes Sofidel the fourth largest tissue paper manufacturer in North America and strengthens its leadership in the Private Label sector, moving closer to balancing revenues across the Atlantic. Sofidel also plans further expansion and development at its Circleville and Duluth plants in North America.
Clearwater Paper to sell tissue business to Sofidel America Corp.
Clearwater Paper Corp. has agreed to sell its tissue business to Sofidel America Corp., a subsidiary of Italy-based Sofidel S.p.A., for $1.06 billion. This transaction will allow Clearwater Paper to delever its balance sheet, invest in growth initiatives for its continuing paperboard operations, and transform into a premier independent supplier of paperboard in North America. Sofidel views this acquisition as a significant step to meet growing demand in the U.S. and expand its network.
Graphic Packaging Holding Company to Sell Augusta Paperboard Manufacturing Facility to Clearwater Paper Corporation
Graphic Packaging Holding Company announced it has signed a definitive agreement to sell its Augusta, Georgia bleached paperboard manufacturing facility to Clearwater Paper Corporation for approximately $700 million. The transaction is expected to close in the second quarter of 2024, subject to regulatory approvals. Both companies highlighted the strategic fit of the Augusta facility with Clearwater Paper's growth plans and Graphic Packaging's continued focus on sustainable consumer packaging from its Texarkana facility.
Clearwater Paper Corp Reports Solid Q4 and Full Year 2023 Results Amid Strategic Shifts
Clearwater Paper Corp (NYSE:CLW) announced strong financial results for Q4 and full-year 2023, with significant net income and Adjusted EBITDA. The company also disclosed a strategic agreement to acquire Graphic Packaging's Augusta facility for $700 million, aiming for substantial annual Adjusted EBITDA contribution by 2026. This move, coupled with ongoing debt reduction and share repurchases, positions Clearwater Paper for future growth in the paperboard industry.
Clearwater Paper site in Fox Crossing bought by Michigan company; apartments possible
KK Integrated Logistics has purchased the former Clearwater Paper Corp. property in Fox Crossing, which includes a 250,000-square-foot warehouse and a 1.2 million-square-foot mill site. The warehouse is being renovated for a new tenant, Trilliant Food & Nutrition, starting April 1. KKIL is also exploring converting a section of the mill building into apartments with amenities.
After these 12 Wisconsin paper mills shut down, several aimed for redevelopment. What are they now?
This article examines the fates of 12 paper mills in Wisconsin that have closed over the past three decades, leading to job losses and community challenges. While some former mill sites have been redeveloped into housing, commercial spaces, or even recreational areas, others face uncertain futures, with properties still for sale, awaiting demolition, or undergoing environmental cleanup. The piece details the specific redevelopment efforts and current statuses of each of the 12 mill locations.
Clearwater Paper Launches NuVo® with BioPBS™ Cup
Clearwater Paper Corporation introduced NuVo® with BioPBS™, a new sustainable cup stock designed as a compostable alternative for hot cups. This product combines a compostable barrier, post-consumer fiber, FSC® certification, and high-definition print surface, aiming to meet growing sustainability trends. The initiative advances Clearwater Paper's commitment to product innovation and differentiation.
Shutdowns, sales and uncertainty: Can Wisconsin's paper industry adapt to remain viable post-COVID?
Wisconsin's paper industry is undergoing significant changes post-COVID-19, marked by company acquisitions, mill closures, and a shift in demand. While some mills producing packaging and hygiene products are booming, those focused on office paper face declining demand, leading to shutdowns and job losses. The industry is grappling with whether these shifts are temporary pandemic-related effects or a continuation of pre-existing trends towards consolidation and the need for product diversification.
