Clearwater Paper Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 122.47
Dividend & YieldN/A$ (N/A)
Beta 0.88
Market capitalization 652.21M
Operating cash flow 150.2M
ESG Scores unknown

Company description

Clearwater Paper Corporation manufactures and supplies bleached paperboards, and consumer and parent roll tissues in the United States and internationally. It operates through two segments, Pulp and Paperboard, and Consumer Products. The Pulp and Paperboard segment manufactures and markets bleached paperboard; Solid Bleached Sulfate paperboard that is used to produce folding cartons, liquid packaging, cups and plates, blister and carded packaging, and top sheet and commercial printing items; and hardwood and softwood pulp, as well as offers services that include custom sheeting, slitting, and cutting. It sells its products to packaging converters, folding carton converters, merchants, and commercial printers. The Consumer Products segment provides a line of at-home tissue products, including bath tissues, paper towels, facial tissues, and napkins; recycled fiber value grade products; and away-from-home tissues. This segment sells its products to retailers and wholesale distributors, including grocery, club, mass merchants, and discount stores. Clearwater Paper Corporation was founded in 1900 and is based in Spokane, Washington.

Sector: Basic Materials - Industry: Paper & Paper Products

Financial Ratios
Quick Ratio0.82
Working Capital-0.12
Return On Equity-0.05
Debt To Equity1.21
Fixed Asset Ratio0.03
Fixed Interest Cover1.62

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities -28.5M -12M 1.9M 49.2M
Total Cashflows From Investing Activities -140.1M -39.6M -25.1M -33.5M
Net Borrowings 84.7M -187.9M -81M -80.9M
Total Cash From Financing Activities 82M -192.9M -82M -88.6M
Change To Operating Activities 3.3M -7.8M -1.9M -900k
Issuance Of Stock
Net Income -5.6M 77.1M -28.1M 46M
Change In Cash -2.5M 14.4M -10.7M 28.2M
Effect Of Exchange Rate
Total Cash From Operating Activities 55.6M 247M 96.4M 150.2M
Depreciation 115.6M 111M 105M 103.3M
Change To Account Receivables -18M 6.1M -5.3M -16.9M
Other Cashflows From Financing Activities -2.7M -4.3M 700k -200k
Change To Netincome 5.3M 46.5M 42.2M 13.8M
Capital Expenditures -140.1M -39.6M -38.4M -33.5M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax -7.9M 98.2M -35.8M 73M
Net Income -5.6M 77.1M -28.1M 46M
Selling General Administrative 118.5M 129.6M 123.3M 138.7M
Gross Profit 164.5M 294.2M 182.6M 256.7M
Ebit 42.6M 152.6M 58.2M 116.4M
Operating Income 42.6M 152.6M 58.2M 116.4M
Interest Expense -45.9M -46.5M -37M -35.7M
Income Tax Expense -2.3M 21.1M -7.7M 27M
Total Revenue 1.76B 1.87B 1.77B 2.08B
Cost Of Revenue 1.6B 1.57B 1.59B 1.82B
Total Other Income ExpenseNet -50.5M -54.4M -94M -43.4M
Net Income From Continuing Ops -5.6M 77.1M -28.1M 46M
Net Income Applicable To Common Shares -5.6M 77.1M -28.1M 46M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 1.45B 1.28B 1.18B 1.13B
Total Stockholder Equity 432M 521.1M 511.7M 572.1M
Other Current Liabilities 8.5M
Total Assets 1.88B 1.8B 1.69B 1.7B
Common Stock
Other Current Assets 5M 15.1M 16.9M 19.8M
Retained Earnings 481.7M 558.8M 530.7M 576.8M
Treasury Stock -59.5M -54.3M -42.6M -33.2M
Cash 20M 35.9M 25.2M 53.7M
Total Current Liabilities 280.4M 244.8M 254.1M 312M
Other Stockholder Equity -59.5M -54.3M -42.6M -33.2M
Property, Plant, and Equipment 1.33B 1.25B 1.14B 1.06B
Total Current Assets 465.8M 474.9M 487.2M 586.3M
Net Tangible Assets 380M 521.1M 511.7M 572.1M
Net Receivables 159.4M 160.6M 167.4M 188.8M
Accounts Payable 159.5M 143.4M 156.2M 213M


Insider Transactions

Here are the insider transactions of stock shares related to Clearwater Paper Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
MURPHY MICHAEL JOHNSale at price 38.33 per share.D2023-02-28Chief Financial Officer5.04k
MOYES KARI GSale at price 38.33 per share.D2023-02-28Officer2.96k
BOWDEN STEVE MSale at price 38.34 per share.D2023-02-28Officer2.96k
GADD MICHAEL SStock Award(Grant) at price 0.00 - 38.23 per share.D2023-02-27Officer29.66k
BARCKLEY REBECCA ANNEStock Award(Grant) at price 0.00 per share.D2023-02-27Officer1.5k
MURPHY MICHAEL JOHNStock Award(Grant) at price 0.00 - 38.23 per share.D2023-02-27Chief Financial Officer39.2k
MOYES KARI GStock Award(Grant) at price 0.00 - 38.23 per share.D2023-02-27Officer24.34k
KITCH ARSEN SStock Award(Grant) at price 0.00 - 38.23 per share.D2023-02-27Chief Executive Officer120.81k
BOWDEN STEVE MStock Award(Grant) at price 0.00 - 38.23 per share.D2023-02-27Officer24.63k
URLICK MICHAEL JStock Award(Grant) at price 0.00 per share.D2023-02-27Officer4.3k
GADD MICHAEL SSale at price 37.63 per share.D2023-02-24Officer8.69k
GADD MICHAEL SSale at price 37.26 - 38.05 per share.D2022-11-03Officer8.5k
GADD MICHAEL SSale at price 41.68 - 43.06 per share.D2022-08-04Officer8.69k
GADD MICHAEL SSale at price 27.62 per share.D2022-04-04Officer2.29k
MOYES KARI GSale at price 27.63 per share.D2022-04-04Officer4.59k
BOWDEN STEVE MSale at price 28.29 per share.D2022-04-01Officer4.59k
GADD MICHAEL SStock Award(Grant) at price 0.00 - 29.14 per share.D2022-03-03Officer14.45k
BARCKLEY REBECCA ANNEStock Award(Grant) at price 0.00 per share.D2022-03-03Officer1.73k
MURPHY MICHAEL JOHNStock Award(Grant) at price 0.00 per share.D2022-03-03Chief Financial Officer6.47k
MOYES KARI GStock Award(Grant) at price 0.00 - 29.14 per share.D2022-03-03Officer11.9k
KITCH ARSEN SStock Award(Grant) at price 0.00 - 29.14 per share.D2022-03-03Chief Executive Officer34.26k
BOWDEN STEVE MStock Award(Grant) at price 0.00 - 29.14 per share.D2022-03-03Officer11.89k
URLICK MICHAEL JStock Award(Grant) at price 0.00 - 29.14 per share.D2022-03-03Officer5.1k
MURPHY MICHAEL JOHNPurchase at price 28.66 per share.D2022-02-17Chief Financial Officer1k
GADD MICHAEL SStock Award(Grant) at price 36.51 per share.D2021-03-04Officer6.53k
BARCKLEY REBECCA ANNEStock Award(Grant) at price 36.51 per share.D2021-03-04Officer3.73k
MURPHY MICHAEL JOHNStock Award(Grant) at price 36.51 per share.D2021-03-04Chief Financial Officer4.81k
MOYES KARI GStock Award(Grant) at price 36.51 per share.D2021-03-04Officer5.31k
KITCH ARSEN SStock Award(Grant) at price 36.51 per share.D2021-03-04Chief Executive Officer20.45k
BOWDEN STEVE MStock Award(Grant) at price 36.51 per share.D2021-03-04Officer3.92k
SHUFELT JOANNE PStock Award(Grant) at price 36.51 per share.D2021-03-04Officer4.58k
NELSON ANN CPurchase at price 35.20 - 36.90 per share.D2021-03-03Director3k
GADD MICHAEL SSale at price 37.26 per share.D2020-11-18Officer7.59k
SHUFELT JOANNE PStock Award(Grant) at price 35.69 per share.D2020-06-15Officer8.79k
MURPHY MICHAEL JOHNStock Award(Grant) at price 20.75 per share.D2020-04-13Chief Financial Officer25.08k
GADD MICHAEL SStock Award(Grant) at price 17.75 per share.D2020-04-01Officer15.3k
HRIVNAK ROBERT GStock Award(Grant) at price 17.75 per share.D2020-04-01Chief Financial Officer15.3k
MOYES KARI GStock Award(Grant) at price 17.75 per share.D2020-04-01Officer30.59k
KITCH ARSEN SStock Award(Grant) at price 17.75 per share.D2020-04-01Chief Executive Officer63.37k
BOWDEN STEVE MStock Award(Grant) at price 17.75 per share.D2020-04-01Officer30.59k
GADD MICHAEL SStock Award(Grant) at price 28.67 per share.D2020-03-03Officer5.17k
BARCKLEY REBECCA ANNEStock Award(Grant) at price 28.67 per share.D2020-03-03Officer4.76k
HRIVNAK ROBERT GStock Award(Grant) at price 28.67 per share.D2020-03-03Chief Financial Officer4.78k
MOYES KARI GStock Award(Grant) at price 28.67 per share.D2020-03-03Officer4.23k
BOWDEN STEVE MStock Award(Grant) at price 28.67 per share.D2020-03-03Officer4.23k
MASSMAN LINDA KPurchase at price 17.92 per share.D2019-05-03Chief Executive Officer5.5k
HRIVNAK ROBERT GStock Award(Grant) at price 20.27 per share.D2019-04-08Chief Financial Officer4.4k
GADD MICHAEL SStock Award(Grant) at price 27.11 per share.D2019-03-07Officer4.01k
HERTZ JOHN DStock Award(Grant) at price 27.11 per share.D2019-03-07Officer4.91k
MASSMAN LINDA KStock Award(Grant) at price 27.11 per share.D2019-03-07Chief Executive Officer20.08k
MOYES KARI GStock Award(Grant) at price 27.11 per share.D2019-03-07Officer3.3k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Clearwater Paper Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Clearwater Paper Corp

Here is the result of two systematic investment strategies applied to Clearwater Paper Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Clearwater Paper Corp

The following chart shows the equity curve of the two systematic investment strategies applied to Clearwater Paper Corp:

Clearwater Paper Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 36.0% on the backtest period.

Performance at glance

Performance

36.0 %

Latent gain

827.7 $

Invested capital

2299.26 $

Annualized return

8.7 %
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Momentum strategy results on Clearwater Paper Corp

This is the result of two momentum investment strategies applied to Clearwater Paper Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Clearwater Paper Corp

The following chart shows all the entries opened by the momentum investment system on Clearwater Paper Corp:

Clearwater Paper Corp momentum entries
  • The first momentum investment strategy would give 48.57% of return on Clearwater Paper Corp. That represents 2555.7$ of latent gain with 5261.7$ of employed capital.
  • The second momentum investment strategy would give 42.52% of return on Clearwater Paper Corp. That represents 1800.88$ of latent gain with 4234.88$ of employed capital.
Performance at glance (1Q Momentum)

Performance

48.57 %

Latent gain

2555.7 $

Invested capital

5261.7 $

Annualized return

10.86 %
Performance at glance (2Q Momentum)

Performance

42.52 %

Latent gain

1800.88 $

Invested capital

4234.88 $

Annualized return

11.62 %

Momentum equity curve on Clearwater Paper Corp

The following chart shows the equity curve of the two momentum strategies applied to Clearwater Paper Corp:

Clearwater Paper Corp momentum equity

Note: the dividends potentially given by Clearwater Paper Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Clearwater Paper Corp

The following chart shows the employed capital evolution of the two momentum strategies on Clearwater Paper Corp since the beginning:

Clearwater Paper Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Clearwater Paper Corp

Buy the dip entry openings on Clearwater Paper Corp

Clearwater Paper Corp

The performance achieved by the robo-advisor on Clearwater Paper Corp is 23.24%. That represents 342.84$ of latent gain with 1475.16$ of employed capital. The following chart shows Clearwater Paper Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Clearwater Paper Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

23.24 %

Latent gain

342.84 $

Invested capital

1475.16 $

Annualized return

10.86 %

Equity curve of the strategy applied to Clearwater Paper Corp

The following chart shows the result of the investment strategy applied to Clearwater Paper Corp:

Clearwater Paper Corp

Note: the dividends potentially given by Clearwater Paper Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Clearwater Paper Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on Clearwater Paper Corp:

Clearwater Paper Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Clearwater Paper Corp

In this section, I will compare the three previous investment strategies applied to Clearwater Paper Corp.

Equity curve comparison on Clearwater Paper Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Clearwater Paper Corp investment strategy comparison

Employed capital comparison on Clearwater Paper Corp

Clearwater Paper Corp investment comparison

Performance comparison on Clearwater Paper Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 36.0% 827.7$ 2299.26$ 8.7%
Momentum 1 quarter 48.57% 2555.7$ 5261.7$ 12.45%
Momentum 2 quarters 42.52% 1800.88$ 4234.88$ 11.62%
Non-directional 23.24% 342.84$ 1475.16$ 10.86%
Annualized return comparison

Automatic investment

8.7 %

Momentum 1Q

11.62 %

Momentum 2Q

11.62 %

Non-directional

10.86 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Clearwater Paper Corp:

Positive correlations

Most correlated stocks this year

  • Clearwater Paper Corp

  • Most correlated stocks last 3 months

  • MEIDONG AUTO
  • Clearwater Paper Corp
  • Roundhill Video Games ETF

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • VISIOMED GROUP
  • GENESIS LAND J
  • Advantage Solutions Inc - Class A
  • SPDR MSCI Europe Communication Services UCITS ETF

  • Note: The algorithm computes the probability of correlation between Clearwater Paper Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of Clearwater Paper Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Clearwater Paper Corp
    Country United States
    City Spokane
    Address 601 West Riverside
    Phone 509 344 5900
    Website www.clearwaterpaper.com
    FullTime employees 3000
    Industry Paper & Paper Products
    Sector Basic Materials
    Exchange XNYS
    Ticker CLW
    Market www.nyse.com

    Clearwater Paper Corp ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown