OakChart

Clearwater Paper Corp

CLWBasic Materials·Paper & Paper Products·USA·Micro·NYSE·Nov 11 • 7:00 AM ET

13.83-0.06 (-0.43%)
2026-11-11 15:14 CET
Market cap
224.21 USD m
Revenue, TTM
1,506.40 USD m
Net income, TTM
0.20 USD m
Free cash flow, TTM
56.80 USD m
EPS diluted, TTM
0.02
P/E
751.63
Compare

Price

CLW against its 20, 50 and 200-day averages
2050200beat
12.5015.0017.5020.0022.50736K1.5MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26CLWclose 13.8320-day 15.7450-day 18.40200-day 16.8613.83

41.4% under 23.59 on 7 Aug 2026. Last 15 sessions, 59.0% high to low

Profile

CLW
52-week range, 18% of the way up
11.7323.59

Clearwater Paper Corp. engages in the manufacturing and selling of private label tissue, paperboard, and pulp-based products. It operates through the Consumer Products and Pulp and Paperboard segments. The Consumer Products segment manufactures and sells a complete line of at-home tissue products. The Pulp and Paperboard segment produces and markets solid bleached sulfate paperboard for the high-end segment of the packaging industry and offers custom sheeting, slitting, and cutting of paperboard. The company was founded on December 9, 2008 and is headquartered in Spokane, WA.

IndexRUT
Employees1900
IPODec 05, 2008
Beta0.32
ATR, 14d0.92
Rel volume0.00
Short float3.78%
Insider own4.87%
Inst own88.78%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap223.24M
Enterprise Value491.64M
Income0.20M
Sales1.51B
Book/sh49.20
Cash/sh19.35
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout-
Employees1900
IPODec 05, 2008

Ratios

P/E751.63
Forward P/E-
PEG-
P/S0.15
P/B0.28
P/C0.71
P/FCF3.93
EV/EBITDA11.62
EV/Sales0.33
Quick Ratio0.98
Current Ratio1.47
Debt/Eq0.73
LT Debt/Eq0.37
Option/ShortYes / Yes

Earnings

EPS (ttm)0.02
EPS next Y-1.24
EPS next Q-0.60
EPS this Y-2321.67%
EPS next Y65.93%
EPS next 5Y-
EPS past 3/5Y- -
Sales past 3/5Y-9.23% -3.60%
EPS Y/Y TTM100.23%
Sales Y/Y TTM-3.19%
EPS Q/Q97.03%
Sales Q/Q-3.53%
EarningsOct 26 AMC
EPS/Sales Surpr.-48.39% -0.90%

Ownership

Insider Own4.87%
Insider Trans0.00%
Inst Own88.78%
Inst Trans7.93%
ROA-1.96%
ROE-4.15%
ROIC0.02%
Gross Margin1.80%
Oper. Margin-3.43%
Profit Margin0.01%
SMA20-12.12%
SMA50-24.83%
SMA200-17.98%
Trades-

Technical

Shs Outstand16.14M
Shs Float15.36M
Short Float3.78%
Short Ratio3.22
Short Interest0.58M
52W High23.59 -41.37%
52W Low11.73 17.90%
Volatility5.76% 6.57%
ATR (14)0.92
RSI (14)34.22
Beta0.32
Rel Volume0.00
Avg Volume180.45K
Volume33

Performance

Perf Week-1.57%
Perf Month-29.40%
Perf Quarter-36.99%
Perf Half Y2.37%
Perf YTD-20.52%
Perf Year-24.34%
Perf 3Y-60.74%
Perf 5Y-64.72%
Perf 10Y-75.88%
Recom2.50
Target Price20.00
Prev Close13.89
Price13.83
Change %-0.43%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Jul 02, 2026InitiatedBBofA SecuritiesBuy$19+37.4%
Apr 29, 2026DowngradeTTD CowenBuy → Hold$17+22.9%
Jan 20, 2026InitiatedTTruistHold$21+51.8%
Sep 22, 2025InitiatedTTD CowenBuy$30+116.9%
Oct 18, 2024UpgradeRRBC Capital MktsSector Perform → Outperform$48 → $37+167.5%
Oct 31, 2023DowngradeRRBC Capital MktsOutperform → Sector Perform$42 → $396+2,763.3%
Apr 24, 2023UpgradeRRBC Capital MktsSector Perform → Outperform$38 → $42+203.7%
Nov 01, 2022DowngradeRRBC Capital MktsOutperform → Sector Perform$45+225.4%
Aug 03, 2022UpgradeRRBC Capital MktsSector Perform → Outperform$40 → $45+225.4%
Feb 16, 2022UpgradeBBMO Capital MarketsMarket Perform → Outperform

Peers

Mkt cap
TickerCompanyMkt cap
GPKGraphic Packaging Holding Co3.33B
SLVMSylvamo Corp1.52B
SWSmurfit WestRock plc23.20B
RYAMRayonier Advanced Materials Inc379.48M
SUZSuzano SA ADR11.97B
MERCMercer International Inc15.35M
IPInternational Paper Co18.59B
SONSonoco Products Co4.93B
PKGPackaging Corp Of America22.74B
GEFGreif Inc4.00B

Insider trading

3 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Moyes Kari G.OfficerMar 17 '26Proposed Sale13.341,77823,719Mar 17 10:54 AM
Bowden Steve MSr. V.P.Nov 28 '25Sale18.148,889161,24668,516Dec 02 04:53 PM
Bowden Steve MOfficerNov 28 '25Proposed Sale18.148,889161,253Nov 28 01:24 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
IWMiShares Russell 2000 Index FundAUM: 77.38B
VXFVanguard Extended Market Index ETFAUM: 30.47B
DFSVUS Small Cap Value Portfolio ETF Class Shares-
AVUVAvantis U.S. Small Cap Value ETFAUM: 32.39B
FNDASchwab Fundamental U.S. Small Company ETFAUM: 8.98B
DCORUS Core Equity 1 Portfolio ETF Class Shares-
IWNiShares Russell 2000 Value ETFAUM: 14.10B
DFASU.S. Small Cap Portfolio-ETF Class Shares-
VTWOVanguard Russell 2000 Index ETFAUM: 16.75B

News

latest 14 of 206
  • Clearwater Paper Announces Participation in the 2026 RBC Capital Markets Global Industrials Conference (Business Wire)
  • Clearwater weighing options after failures at mill acquired from Graphic Packaging (Packaging Dive) -28.77%
  • Clearwater Paper net loss narrows in third quarter (Packaging Gateway)
  • Clearwater Paper Narrows Its Loss As Price Hikes Stick, But Augusta Failures And A Weaker Q4 Guide Cloud The Recovery (Earnings Whispers)
  • Clearwater Paper: Q3 Earnings Snapshot (Associated Press)
  • Loading…
  • Clearwater Paper Reports Third Quarter 2026 Results (Business Wire)
  • Clearwater Paper Announces Availability and Timing of Third Quarter 2026 Earnings Conference Call and Webcast (Business Wire)
  • Clearwater Paper refinances credit facilities with new loan package (Packaging Gateway)
  • Clearwater Paper Refinances Debt and Secures New Credit Facility (Business Wire)
  • Clearwater Paper Releases 2026 Sustainability Report Highlighting Progress and Achievements (Business Wire)
  • Pricing actions dominate quarterly fiber discussions (Packaging Dive)
  • Clearwater Paper Corp (CLW) Q2 2026 Earnings Call Highlights: Navigating Market Challenges with ... (GuruFocus.com) +23.42%
  • Clearwater Paper: Q2 Earnings Snapshot (Associated Press)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-26-0.230-0.155-0.100384.9388.394
2026Q22026-07-28-1.750-1.490-1.333374.8374.84
2026Q12026-04-28-1.290-1.320-0.796360.3363.553
2025Q42026-02-18-0.420-0.5602.247386.4381.573
2025Q32025-10-28-0.510-0.525-3.339399387.862
2025Q22025-07-290.1700.7000.222391.83971
2025Q12025-04-29-0.360-0.040-0.385378.23761
2024Q42025-02-1312.095-0.330-6.464482.84731
2024Q32024-11-04-0.6400.2900.3496446221
2024Q22024-08-06-1.0940.300-1.549586.45851
2024Q12024-04-291.4301.1101.018496.25081
2023Q42024-02-201.3501.4201.044512.84971
2023Q32023-10-302.1901.8202.166519.95251
2023Q22023-08-011.7401.1801.751524.65131
2023Q12023-05-021.4701.7501.397525.45471
2022Q42023-02-14-0.300-0.090-0.348526.7523.52

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY2.3202.6265.8791,7301,723
2018FY2.5502.523-8.7201,7241,710
2019FY0.230-0.157-0.3391,7621,760
2020FY5.3005.3574.6101,8691,872
2021FY1.0300.970-1.6761,7731,749
2022FY3.6303.8852.6772,0802,077
2023FY6.6906.8306.3022,0832,067
2024FY12.0580.620-6.6092,2091,949
2025FY-0.150-1.310-1.1501,5551,552
2026FY--3.633--1,493
2027FY--1.238--1,557
2028FY--0.693--1,603

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-10-27311370.9358384.41
2026Q4S2026-10-26300371.97356384.41
2026Q4S2026-10-15300371.97356384.41
2026Q4S2026-10-12300370.97353384.41
2026Q4S2026-07-29321370.97353384.41
2026Q4S2026-07-16300372.46368.3377
2026Q4S2026-07-13300372.79368.3378
2026Q4S2026-07-02310372.79368.3378
2026Q4S2026-05-05210373.15368.3378
2026Q4S2026-04-29220373.15368.3378
2026Q4S2026-04-15210368.65368.3369
2026Q4S2026-02-19210369.15368.3370
2026Q4S2026-01-16100359359359
2026Q4S2025-11-11100399.2399.2399.2

Estimate history

EPS, annual5.879-8.72-0.3394.61-1.6762.6776.302-6.609-1.2430.0184
Period201720182019202020212022202320242025TTM
EPS, quarterly0.349-6.464-0.3850.222-3.3392.247-0.796-1.333-0.099
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual1730.4081724.2181761.51868.61772.62080.111361383.61555.41506.4
Period201720182019202020212022202320242025TTM
Sales, quarterly393.3387.1378.2391.8399386.4360.3374.8384.9
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual16.44816.48216.51616.57316.69216.76216.48516.56816.03816.142
Period201720182019202020212022202320242025MRQ
Shares, quarterly16.59116.56816.25616.10916.03816.03816.12516.12716.142
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue1,506.401,555.401,383.601,136.002,080.101,772.601,868.601,761.501,724.22
Cost of Goods Sold Incl. D&A1,479.301,439.801,307.50935.301,823.401,590.001,576.901,598.001,542.41
Gross Profit27.10115.6076.10200.70256.70182.60291.70163.50181.81
Selling, General and Administrative Excl. Other83.5099.80116.30120.30133.90114.00124.90113.10112.79
Other Operating Expense-4.80-3.000.800.300.80-1.800.002.100.00
Operating Income-51.6018.80-41.0080.10122.0070.40166.8048.3069.02
Interest Expense21.5018.6032.1011.9035.6037.0046.5044.9030.82
Unusual Expense-26.2060.9032.705.108.209.4015.905.60205.58
Net Income Before Taxes-48.60-60.10-101.1065.6073.10-35.7098.20-7.90-133.46
Income Taxes-16.00-7.10-27.1016.9027.00-7.7021.10-2.3010.30
Consolidated Net Income-32.70-53.00-74.0048.7046.00-28.1077.10-5.60-143.77
Net Income From Continuing Operations-32.70-53.00-74.0048.7046.00-28.1077.10-5.60-143.77
Net Income0.20-20.10-110.90107.7046.00-28.1077.10-5.60-143.77
EPS (Recurring)-1.121.39-5.246.513.01-1.285.28-0.100.01
EPS (Basic, Before Extraordinaries)0.02-1.24-6.616.392.71-1.684.65-0.34-8.72
EPS (Diluted)0.02-1.24-6.616.302.68-1.684.61-0.34-8.72
EBITDA42.30111.5029.00120.90225.30175.50280.30164.90170.97
Non-Operating Income (Expense)-1.600.604.702.50-5.10-59.70-6.20-5.7033.92
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense-3.304.708.609.406.807.803.104.17
Price To Earnings Ratio754.89754.8934.547.2710.53-8.21--
Price To Sales Ratio0.210.180.360.540.310.350.340.200.23
Gross Margin1.807.435.5017.6712.3410.3015.619.2810.54
Operating Margin-3.431.21-2.967.055.873.978.932.744.00
Net Margin0.01-1.29-8.029.482.21-1.594.13-0.32-8.34
Shares Outstanding16.1416.0416.5716.4816.7616.6916.5716.5216.48
Market Capitalization224.21224.21493.22598.27633.77612.00625.64352.78401.15

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue384.90374.80360.30386.40399.00391.80378.20387.10
Cost of Goods Sold Incl. D&A363.70385.20361.20369.20380.30348.80341.50372.40
Gross Profit21.20-10.40-0.9017.2018.7043.0036.7014.70
Selling, General and Administrative Excl. Other21.5021.5019.9020.6023.7027.0028.5026.70
Other Operating Expense1.500.600.60-7.500.001.503.000.80
Operating Income-1.80-32.50-21.404.10-5.0014.505.20-12.80
Interest Expense5.505.505.305.205.004.403.906.30
Unusual Expense-3.20-8.50-11.00-3.5050.404.809.2012.00
Net Income Before Taxes-4.50-30.10-16.502.50-60.405.50-7.70-29.30
Income Taxes-2.90-8.60-3.70-0.80-6.501.90-1.80-9.70
Consolidated Net Income-1.60-21.50-12.803.20-53.903.60-5.90-19.60
Net Income From Continuing Operations-1.60-21.50-12.803.20-53.903.60-5.90-19.60
Net Income-1.60-21.50-12.8036.10-53.903.60-6.30-108.10
EPS (Recurring)-0.24-1.70-1.272.09-1.150.430.01-5.96
EPS (Basic, Before Extraordinaries)-0.10-1.33-0.802.25-3.340.22-0.38-6.46
EPS (Diluted)-0.10-1.33-0.802.25-3.340.22-0.38-6.46
EBITDA21.50-9.302.0028.1018.8037.5027.209.40
Non-Operating Income (Expense)-0.30-0.60-0.800.100.000.200.301.80
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense2.101.400.47-0.602.000.70-
Price To Earnings Ratio754.89------34.54
Price To Sales Ratio0.210.170.150.180.220.290.240.27
Gross Margin5.51-2.77-0.254.454.6910.979.703.80
Operating Margin-0.47-8.67-5.941.06-1.253.701.37-3.31
Net Margin-0.42-5.74-3.559.34-13.510.92-1.67-27.93
Shares Outstanding16.1416.1316.1316.0416.0416.1116.2616.57
Market Capitalization224.21252.84230.63279.07334.32442.80410.36493.22

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments30.7079.6042.0054.4025.2035.9021.4022.4815.74
Short Term Receivables195.30188.7096.10188.80167.40160.60159.40151.82162.35
Inventories281.70257.90161.20324.00277.70263.30281.40266.24266.04
Other Current Assets18.3019.20264.8019.1016.9015.103.603.408.66
Total Current Assets526.00545.40564.10586.30487.20474.90465.80443.95452.79
Net Property, Plant & Equipment1,043.601,062.20392.401,060.401,135.401,255.001,330.801,269.271,050.98
Total Investments and Advances0.000.000.000.001.101.101.002.461.00
Intangible Assets2.1052.9041.50--48.8052.0059.15276.70
Deferred Tax Assets1.401.700.800.602.202.103.806.196.86
Other Assets15.2017.00673.0056.2064.2018.5024.307.0913.91
Total Assets1,588.301,679.201,671.801,703.501,690.101,800.401,877.701,788.121,802.25
Short Term Debt Incl. Current Port. of LT Debt12.9011.708.5012.9017.7017.0031.80120.83155.00
Accounts Payable130.90164.6089.10213.00168.30143.40149.60228.06169.29
Income Tax Payable0.0050.801.20------
Other Current Liabilities72.4093.30187.1086.1068.1084.4099.00100.4094.96
Total Current Liabilities216.20320.40285.90312.00254.10244.80280.40449.30419.25
Long Term Debt377.20309.90464.10600.80680.30770.70950.10698.71596.98
Provision for Risks Charges49.5052.5054.5058.2073.6080.5076.6078.1972.47
Deferred Tax Liabilities68.20----158.10121.30121.18118.53
Other Liabilities51.90142.00198.60160.50170.4025.2017.3014.3419.59
Total Liabilities763.00824.801,003.101,131.501,178.401,279.301,445.701,361.721,226.82
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity825.30854.40668.70572.10511.70521.10432.00426.40575.43
Total Shareholders Equity825.30854.40668.70572.10511.70521.10432.00426.40575.43
Accumulated Minority Interest0.000.000.000.000.000.000.000.000.00
Total Equity825.30854.40668.70572.10511.70521.10432.00426.40575.43
Total Liabilities & Stockholders Equity1,588.301,679.201,671.801,703.601,690.101,800.401,877.701,788.121,802.25
Book Value Per Share51.4651.5740.5734.1330.6631.4426.1625.8734.99
Tangible Book Value Per Share51.3348.3838.0534.1330.6628.5023.0122.2818.16
Full-Time Employees1,9002,2003,1003,0003,0003,3403,2903,1303,280
Price to Book Ratio0.280.740.921.111.201.200.820.941.53
Return on Assets-3.24-4.422.892.71-1.614.19-0.31-8.015.58
Return on Equity-6.31-9.727.858.49-5.4416.18-1.30-28.7018.62
Return on Invested Capital-1.67-9.539.513.92-2.365.97-0.41-12.788.30
Quick Ratio1.130.901.410.840.820.860.660.400.45
Current Ratio2.431.701.971.881.921.941.660.991.08

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income2.40-18.60196.30107.7046.00-28.1077.10-5.60-143.77
Depreciation93.6092.4099.8098.60103.30105.00111.00115.60101.95
Other Funds (Non Cash)11.1060.50-292.3014.5023.8054.8018.8011.40172.86
Funds from Operations77.00111.8042.80205.90165.20122.00240.40121.10138.13
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital28.10-99.5018.60-15.20-15.00-25.506.60-65.5028.63
Cash from Operating Activities105.1012.3061.40190.70150.2096.50247.0055.60166.76
Capital Expenditures-48.30-88.80-116.60-73.70-33.50-38.40-39.60-140.10-295.71
Net Assets From Acquisitions0.50-11.60-708.200.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.00992.500.000.0013.300.000.0070.93
Purchase or Sale of Investments0.000.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.000.00
Other Uses0.000.000.000.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.000.000.000.81
Cash from Investing Activities-47.80-100.40167.70-73.70-33.50-25.10-39.60-140.10-223.97
Cash Dividends Paid0.000.000.000.000.000.000.000.000.00
Change in Capital Stock-0.10-17.20-10.00-17.90-5.000.000.000.000.00
Repurchase of Common Pref Stock-0.10-17.20-10.00-17.90-5.000.000.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net232.9063.40-183.30-106.70-80.90-81.00-192.3082.4065.83
Change in Long Term Debt232.9063.40-183.30-106.70-80.90-81.00-178.80190.800.00
Issuance of Long Term Debt312.4082.00747.80218.900.000.00270.60293.800.00
Reduction of Long Term Debt-79.50-18.60-931.10-325.60-80.90-81.00-449.40-103.000.00
Net Financing Active Other Cash Flow-4.80-6.901.90-4.80-1.80-1.10-0.60-0.40-0.41
Other Financing Activities Uses-4.80-6.90-4.00-4.80-2.60-1.10-0.60-0.40-0.41
Cash from Financing Activities228.1039.30-191.40-129.40-88.60-82.00-192.9082.0065.42
Net Change in Cash285.30-48.9037.70-12.4028.10-10.7014.40-2.508.21
Free Cash Flow56.80-76.50-55.20117.00116.7058.10207.40-84.50-128.95
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow5.44--5.285.5710.583.04--
Deferred Taxes & Investment Tax Credit--22.5039.00-14.90-7.90-9.7033.50-0.307.08

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments312.4095.4036.5030.7034.4046.70
Short Term Receivables162.80162.90197.90195.30161.70165.90
Inventories249.80260.80269.70281.70283.20283.90
Other Current Assets21.4012.9018.0018.308.7013.70
Total Current Assets746.40532.00522.10526.00487.90510.10
Net Property, Plant & Equipment968.70978.70986.401,043.601,015.901,027.10
Total Investments and Advances0.000.000.000.000.000.00
Intangible Assets---2.102.7051.20
Deferred Tax Assets---1.40--
Other Assets61.1060.7061.3015.2054.9052.40
Total Assets1,776.201,571.401,569.801,588.301,561.401,640.70
Short Term Debt Incl. Current Port. of LT Debt288.1012.6012.7012.9012.4012.40
Accounts Payable147.10154.00125.80130.90145.70162.90
Income Tax Payable6.006.30-0.000.000.00
Other Current Liabilities65.4059.4061.9072.4074.3083.80
Total Current Liabilities506.60232.30200.40216.20232.40259.10
Long Term Debt292.70360.50360.50377.20335.50328.50
Provision for Risks Charges45.4048.4049.2049.5051.6051.90
Deferred Tax Liabilities54.1056.9064.6068.2080.90-
Other Liabilities83.2079.2081.3051.9078.20164.60
Total Liabilities982.00777.30756.00763.00778.60804.10
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity794.20794.10813.80825.30783.00836.70
Total Shareholders Equity794.20794.10813.80825.30783.00836.70
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity794.20794.10813.80825.30783.00836.70
Total Liabilities & Stockholders Equity1,776.201,571.401,569.801,588.301,561.601,640.80
Book Value Per Share49.2049.2450.4751.4648.8251.94
Tangible Book Value Per Share49.2049.2450.4751.3348.6548.76
Full-Time Employees---1,900--
Price to Book Ratio0.280.310.280.360.400.53
Return on Assets-1.96-5.29-3.74-3.24-3.74-1.58
Return on Equity-4.15-10.42-7.26-6.31-10.47-4.36
Return on Invested Capital-0.15-1.86-1.093.00-4.820.31
Quick Ratio0.981.171.261.130.880.87
Current Ratio1.472.292.612.432.101.97

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income-1.60-21.50-12.8038.30-53.302.70
Depreciation23.3023.2023.4023.7023.7023.00
Other Funds (Non Cash)3.903.201.003.0050.006.50
Funds from Operations22.60-3.208.1049.5014.0033.90
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital8.0072.20-7.60-44.5020.00-62.10
Cash from Operating Activities30.6069.000.505.0034.00-28.20
Capital Expenditures-14.70-9.60-9.10-14.90-18.30-22.90
Net Assets From Acquisitions0.000.000.000.50-12.100.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments0.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses0.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities-14.70-9.60-9.10-14.40-30.40-22.90
Cash Dividends Paid0.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock0.00-0.100.000.00-2.10-4.20
Repurchase of Common Pref Stock0.00-0.100.000.00-2.10-4.20
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net208.20-0.1014.909.906.8046.90
Change in Long Term Debt208.20-0.1014.909.906.8046.90
Issuance of Long Term Debt287.400.0015.0010.007.0065.00
Reduction of Long Term Debt-79.20-0.10-0.10-0.10-0.20-18.10
Net Financing Active Other Cash Flow0.10-0.20-0.60-4.10-20.6011.20
Other Financing Activities Uses0.10-0.20-0.60-4.10-2.802.30
Cash from Financing Activities208.40-0.4014.305.80-15.8053.70
Net Change in Cash224.3059.005.70-3.70-12.202.60
Free Cash Flow15.9059.40-8.60-9.9015.70-51.10
Price to Free Cash Flow5.444.47----

Revenue breakdown

Folding Carton2024: 580.20M 2025: 578.90M
Foodservice2024: 540.40M 2025: 664.60M
Other2024: 102.90M 2025: 161.50M
Sheeting and Distribution2024: 160.10M 2025: 150.40M
Consolidation, Policy2024: -100.00K
Non-US2024: 131.20M 2025: 137.20M
United States2024: 1.25B 2025: 1.42B
Total Paperboard Mills revenue2024: 1.38B 2025: 1.56B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-303.78%0.6M15.4M178.22K
2026-10-154.12%0.6M15.3M168.34K
2026-09-304.10%0.6M15.3M170.33K
2026-09-154.47%0.7M15.3M183.36K
2026-08-314.07%0.6M15.3M202.39K
2026-08-143.68%0.6M15.3M209.95K
2026-07-314.07%0.6M15.3M210.28K
2026-07-155.12%0.8M15.3M200.58K
2026-06-305.95%0.9M15.3M204.27K
2026-06-156.21%1.0M15.3M203.54K
2026-05-296.17%0.9M15.3M198.82K
2026-05-155.36%0.8M15.3M220.60K
2026-04-305.75%0.9M15.2M234.34K
2026-04-155.07%0.8M15.1M228.96K
2026-03-315.62%0.9M15.2M238.35K
2026-03-135.54%0.8M15.2M236.80K
2026-02-274.78%0.7M15.2M223.23K
2026-02-133.58%0.5M15.2M201.45K
2026-01-304.37%0.7M15.2M190.12K
2026-01-154.67%0.7M15.2M202.42K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call2.500.000.0013.20-1.000.00---
call5.000.000.000.00-0.000.00---
call7.500.000.000.00-0.000.00---
call10.000.000.003.45-4.000.00---
call12.500.000.000.85-56.000.00---
call15.000.000.000.25-5670.00---
call17.500.000.000.10-21.000.00---
call20.000.000.000.02-1,4320.00---
call22.500.000.000.05-9600.00---
call25.000.000.000.05-70.000.00---
call30.000.000.000.00-0.000.00---
call35.000.000.000.00-0.000.00---
call40.000.000.000.00-0.000.00---
put2.500.000.000.00-0.000.00---
put5.000.000.000.00-0.000.00---
put7.500.000.000.00-0.000.00---
put10.000.000.000.05-22.000.00---
put12.500.000.000.19-32.000.00---
put15.000.000.001.73-22.000.00---
put17.500.000.003.90-2880.00---
put20.000.000.006.64-3.000.00---
put22.500.000.000.00-0.000.00---
put25.000.000.005.85-0.000.00---
put30.000.000.000.00-0.000.00---
put35.000.000.000.00-0.000.00---
put40.000.000.000.00-0.000.00---

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-10-2610-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-268-KCurrent report2026-10-22SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-09-218-KCurrent report2026-09-18SEC
2026-08-184Statement of changes in beneficial ownership of securities2026-08-15SEC
2026-08-14SCHEDULE 13GSEC
2026-07-2810-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-288-KCurrent report2026-07-28SEC
2026-07-14SCHEDULE 13G/ASEC
2026-07-064Statement of changes in beneficial ownership of securities2026-07-01SEC
2026-07-064Statement of changes in beneficial ownership of securities2026-07-01SEC
2026-06-2511-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-2511-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-05-284/A2026-05-18SEC
2026-05-194Statement of changes in beneficial ownership of securities2026-05-15SEC
2026-05-194Statement of changes in beneficial ownership of securities2026-05-18SEC
2026-05-19S-8 POSPost-effective amendment to a S-8 registration statementSEC
2026-05-19S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-08SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-08SEC
2026-05-128-KCurrent report2026-05-07SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-08SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-08SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-08SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-08SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-08SEC
2026-04-2810-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC
2026-04-288-KCurrent report2026-04-28SEC
2026-04-24SCHEDULE 13G/ASEC
2026-04-034Statement of changes in beneficial ownership of securities2026-04-01SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-1100161.25K1

Institutional holders

Manager% owned
SOUTHEASTERN ASSET MANAGEMENT INC/TN/9.55%
BlackRock, Inc.7.83%
DIMENSIONAL FUND ADVISORS LP6.15%
GATE CITY CAPITAL MANAGEMENT, LLC5.82%
READYSTATE ASSET MANAGEMENT LP4.85%
VANGUARD CAPITAL MANAGEMENT LLC4.31%
JPMORGAN CHASE & CO2.81%
AQR CAPITAL MANAGEMENT LLC2.61%
Invenomic Capital Management LP2.61%
GEODE CAPITAL MANAGEMENT, LLC2.52%

Funds

Fund% owned
Federated Hermes Institutional High Yield Bond Fund72.08%
CrossingBridge Low Duration High Income Fund52.74%
iShares Broad USD High Yield Corporate Bond ETF34.10%
Greenspring Income Opportunities Fund26.08%
Lord Abbett High Yield Fund23.19%
Victory Pioneer High Yield Fund20.36%
High Yield Bond Core Fund15.81%
Guggenheim Strategic Opportunities Fund15.80%
Fidelity Enhanced High Yield ETF14.46%
High Yield Bond Portfolio11.63%

OakChart. CLW. Cached 15 minutes.