Clearwater Paper annual gross margin
2009
2010
2011
2012
2013
2014
2018
2019
2020
2021
2022
2023
2024
2025
Clearwater Paper Gross Margin Growth & History (CLW)
Clearwater Paper's gross margin was 7.43% for fiscal 2025.
View full Clearwater Paper company overviewClearwater Paper annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 7.43% | +1.93 pp |
| 2024 | 2024-12-31 | 5.50% | −12.17 pp |
| 2023 | 2023-12-31 | 17.67% | −0.12 pp |
| 2022 | 2022-12-31 | 17.78% | +7.48 pp |
| 2021 | 2021-12-31 | 10.30% | −5.44 pp |
| 2020 | 2020-12-31 | 15.74% | +6.41 pp |
| 2019 | 2019-12-31 | 9.34% | −1.54 pp |
| 2018 | 2018-12-31 | 10.87% | — |
| 2014 | 2014-12-31 | 13.13% | +1.57 pp |
| 2013 | 2013-12-31 | 11.56% | −2.66 pp |
| 2012 | 2012-12-31 | 14.21% | +2.52 pp |
| 2011 | 2011-12-31 | 11.69% | −2.81 pp |
| 2010 | 2010-12-31 | 14.51% | −1.33 pp |
| 2009 | 2009-12-31 | 15.83% | — |
Clearwater Paper quarterly gross margin
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Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
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Q1.13
Q2.13
Q3.13
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Q2.14
Q3.14
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Q1.15
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Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
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Q3.19
Q4.19
Q1.20
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Q4.20
Q1.21
Q2.21
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Q4.21
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Q2.22
Q3.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −2.77% | −13.75 pp |
| Q1 2026 | 2026-03-31 | −0.25% | −9.95 pp |
| Q4 2025 | 2025-12-31 | 4.45% | +0.65 pp |
| Q3 2025 | 2025-09-30 | 4.69% | −2.97 pp |
| Q2 2025 | 2025-06-30 | 10.97% | +11.56 pp |
| Q1 2025 | 2025-03-31 | 9.70% | −3.16 pp |
| Q4 2024 | 2024-12-31 | 3.80% | −9.57 pp |
| Q3 2024 | 2024-09-30 | 7.65% | −10.53 pp |
| Q2 2024 | 2024-06-30 | −0.58% | −17.71 pp |
| Q1 2024 | 2024-03-31 | 12.87% | −8.73 pp |
| Q4 2023 | 2023-12-31 | 13.37% | — |
| Q3 2023 | 2023-09-30 | 18.18% | +2.59 pp |
| Q2 2023 | 2023-06-30 | 17.13% | +3.60 pp |
| Q1 2023 | 2023-03-31 | 21.60% | +8.04 pp |
| Q3 2022 | 2022-09-30 | 15.59% | +3.98 pp |
| Q2 2022 | 2022-06-30 | 13.53% | +10.03 pp |
| Q1 2022 | 2022-03-31 | 13.56% | +0.58 pp |
| Q4 2021 | 2021-12-31 | 12.41% | −4.51 pp |
| Q3 2021 | 2021-09-30 | 11.61% | −5.62 pp |
| Q2 2021 | 2021-06-30 | 3.49% | −13.96 pp |
| Q1 2021 | 2021-03-31 | 12.98% | +1.50 pp |
| Q4 2020 | 2020-12-31 | 16.92% | +5.14 pp |
| Q3 2020 | 2020-09-30 | 17.23% | +11.28 pp |
| Q2 2020 | 2020-06-30 | 17.46% | +8.12 pp |
| Q1 2020 | 2020-03-31 | 11.49% | +1.11 pp |
| Q4 2019 | 2019-12-31 | 11.78% | +0.93 pp |
| Q3 2019 | 2019-09-30 | 5.95% | −5.83 pp |
| Q2 2019 | 2019-06-30 | 9.34% | −1.07 pp |
| Q1 2019 | 2019-03-31 | 10.38% | +0.19 pp |
| Q4 2018 | 2018-12-31 | 10.85% | −3.18 pp |
| Q3 2018 | 2018-09-30 | 11.78% | +2.46 pp |
| Q2 2018 | 2018-06-30 | 10.40% | −0.91 pp |
| Q1 2018 | 2018-03-31 | 10.19% | −1.35 pp |
| Q4 2017 | 2017-12-31 | 14.03% | +0.62 pp |
| Q3 2017 | 2017-09-30 | 9.32% | +0.42 pp |
| Q2 2017 | 2017-06-30 | 11.31% | −5.82 pp |
| Q1 2017 | 2017-03-31 | 11.53% | −4.15 pp |
| Q4 2016 | 2016-12-31 | 13.40% | −2.08 pp |
| Q3 2016 | 2016-09-30 | 8.89% | −6.56 pp |
| Q2 2016 | 2016-06-30 | 17.13% | +3.59 pp |
| Q1 2016 | 2016-03-31 | 15.68% | +5.50 pp |
| Q4 2015 | 2015-12-31 | 15.48% | +3.06 pp |
| Q3 2015 | 2015-09-30 | 15.45% | +0.45 pp |
| Q2 2015 | 2015-06-30 | 13.54% | +0.58 pp |
| Q1 2015 | 2015-03-31 | 10.18% | −1.84 pp |
| Q4 2014 | 2014-12-31 | 12.42% | −2.20 pp |
| Q3 2014 | 2014-09-30 | 15.00% | +5.45 pp |
| Q2 2014 | 2014-06-30 | 12.96% | +0.97 pp |
| Q1 2014 | 2014-03-31 | 12.02% | +1.91 pp |
| Q4 2013 | 2013-12-31 | 14.62% | +0.30 pp |
| Q3 2013 | 2013-09-30 | 9.55% | −5.11 pp |
| Q2 2013 | 2013-06-30 | 11.99% | −3.85 pp |
| Q1 2013 | 2013-03-31 | 10.12% | −1.84 pp |
| Q4 2012 | 2012-12-31 | 14.32% | +1.23 pp |
| Q3 2012 | 2012-09-30 | 14.66% | +4.25 pp |
| Q2 2012 | 2012-06-30 | 15.84% | +3.46 pp |
| Q1 2012 | 2012-03-31 | 11.95% | +1.02 pp |
| Q4 2011 | 2011-12-31 | 13.09% | −5.33 pp |
| Q3 2011 | 2011-09-30 | 10.42% | −3.58 pp |
| Q2 2011 | 2011-06-30 | 12.39% | −4.32 pp |
| Q1 2011 | 2011-03-31 | 10.93% | +2.26 pp |
| Q4 2010 | 2010-12-31 | 18.43% | — |
| Q3 2010 | 2010-09-30 | 13.99% | — |
| Q2 2010 | 2010-06-30 | 16.71% | — |
| Q1 2010 | 2010-03-31 | 8.67% | — |
Clearwater Paper gross margin trends
Over the last five fiscal years, Clearwater Paper's gross margin decreased from 15.74% to 7.43%, a change of −8.31 percentage points. The latest reported quarter, Q2 2026, shows −2.77%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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