Clearwater Paper Corporation (CLW) - Net Assets
Based on the latest financial reports, Clearwater Paper Corporation (CLW) has net assets worth $825.30 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.59 Billion) and total liabilities ($763.00 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check CLW asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $825.30 Million |
| % of Total Assets | 51.96% |
| Annual Growth Rate | 4.88% |
| 5-Year Change | 61.29% |
| 10-Year Change | 75.64% |
| Growth Volatility | 27.82 |
Clearwater Paper Corporation - Net Assets Trend (2006–2025)
This chart illustrates how Clearwater Paper Corporation's net assets have evolved over time, based on quarterly financial data. Also explore Clearwater Paper Corporation asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Clearwater Paper Corporation (2006–2025)
The table below shows the annual net assets of Clearwater Paper Corporation from 2006 to 2025. For live valuation and market cap data, see CLW stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $825.30 Million | -3.41% |
| 2024-12-31 | $854.40 Million | +27.77% |
| 2023-12-31 | $668.70 Million | +16.91% |
| 2022-12-31 | $572.00 Million | +11.78% |
| 2021-12-31 | $511.70 Million | -1.80% |
| 2020-12-31 | $521.10 Million | +20.63% |
| 2019-12-31 | $432.00 Million | +1.31% |
| 2018-12-31 | $426.40 Million | -25.90% |
| 2017-12-31 | $575.43 Million | +22.47% |
| 2016-12-31 | $469.87 Million | -1.05% |
| 2015-12-31 | $474.87 Million | -4.56% |
| 2014-12-31 | $497.54 Million | -17.78% |
| 2013-12-31 | $605.09 Million | +11.87% |
| 2012-12-31 | $540.89 Million | +11.55% |
| 2011-12-31 | $484.90 Million | +3.53% |
| 2010-12-31 | $468.35 Million | +28.76% |
| 2009-12-31 | $363.74 Million | +100.97% |
| 2008-12-31 | $180.99 Million | -32.00% |
| 2007-12-31 | $266.17 Million | -20.29% |
| 2006-12-31 | $333.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Clearwater Paper Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 86230000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $862.30 Million | 104.48% |
| Common Stock | $1.65K | 0.00% |
| Other Comprehensive Income | $-30.50 Million | -3.70% |
| Total Equity | $825.30 Million | 100.00% |
Clearwater Paper Corporation Competitors by Market Cap
The table below lists competitors of Clearwater Paper Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LCNB Corporation
NASDAQ:LCNB
|
$228.23 Million |
|
KNJ Co. Ltd
KQ:272110
|
$228.28 Million |
|
What's Cooking Group NV/SA
BR:WHATS
|
$228.31 Million |
|
OBOOK Holdings Inc. Class A Common Shares
NASDAQ:OWLS
|
$228.35 Million |
|
SAMG Entertainment Co. Ltd.
KQ:419530
|
$228.18 Million |
|
Even Construtora e Incorporadora S.A
SA:EVEN3
|
$228.08 Million |
|
GalaxiaMoneytree Co.Ltd
KQ:094480
|
$228.02 Million |
|
FG Imperii Acquisition Corp. Class A Ordinary Shares
NASDAQ:FGII
|
$227.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Clearwater Paper Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 854,500,000 to 825,300,000, a change of -29,200,000 (-3.4%).
- Net loss of 20,100,000 reduced equity.
- Share repurchases of 17,200,000 reduced equity.
- Other comprehensive income decreased equity by 30,465,500.
- Other factors increased equity by 38,565,500.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-20.10 Million | -2.44% |
| Share Repurchases | $17.20 Million | -2.08% |
| Other Comprehensive Income | $-30.47 Million | -3.69% |
| Other Changes | $38.57 Million | +4.67% |
| Total Change | $- | -3.42% |
Book Value vs Market Value Analysis
This analysis compares Clearwater Paper Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.28x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.97x to 0.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $14.70 | $14.23 | x |
| 2007-12-31 | $12.01 | $14.23 | x |
| 2008-12-31 | $7.97 | $14.23 | x |
| 2009-12-31 | $20.85 | $14.23 | x |
| 2010-12-31 | $19.79 | $14.23 | x |
| 2011-12-31 | $20.24 | $14.23 | x |
| 2012-12-31 | $22.91 | $14.23 | x |
| 2013-12-31 | $27.18 | $14.23 | x |
| 2014-12-31 | $24.72 | $14.23 | x |
| 2015-12-31 | $25.23 | $14.23 | x |
| 2016-12-31 | $27.47 | $14.23 | x |
| 2017-12-31 | $34.76 | $14.23 | x |
| 2018-12-31 | $25.86 | $14.23 | x |
| 2019-12-31 | $26.13 | $14.23 | x |
| 2020-12-31 | $31.16 | $14.23 | x |
| 2021-12-31 | $30.52 | $14.23 | x |
| 2022-12-31 | $33.29 | $14.23 | x |
| 2023-12-31 | $39.13 | $14.23 | x |
| 2024-12-31 | $50.92 | $14.23 | x |
| 2025-12-31 | $51.25 | $14.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Clearwater Paper Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -2.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.29%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 1.92x
- Recent ROE (-2.44%) is below the historical average (6.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 6.25% | 1.89% | 1.49x | 2.22x | $-12.53 Million |
| 2007 | 9.29% | 2.14% | 1.70x | 2.55x | $-1.95 Million |
| 2008 | 5.38% | 0.78% | 1.84x | 3.78x | $-8.36 Million |
| 2009 | 37.18% | 14.60% | 1.32x | 1.93x | $133.39 Million |
| 2010 | 15.76% | 5.38% | 0.89x | 3.30x | $26.97 Million |
| 2011 | 8.18% | 2.06% | 1.23x | 3.24x | $-8.82 Million |
| 2012 | 11.86% | 3.42% | 1.15x | 3.02x | $10.04 Million |
| 2013 | 17.68% | 5.66% | 1.08x | 2.88x | $46.45 Million |
| 2014 | -0.47% | -0.12% | 1.24x | 3.19x | $-52.07 Million |
| 2015 | 11.79% | 3.19% | 1.15x | 3.22x | $8.50 Million |
| 2016 | 10.55% | 2.86% | 1.03x | 3.58x | $2.57 Million |
| 2017 | 16.92% | 5.63% | 0.96x | 3.13x | $39.80 Million |
| 2018 | -33.72% | -8.34% | 0.96x | 4.19x | $-186.41 Million |
| 2019 | -1.30% | -0.32% | 0.94x | 4.35x | $-48.80 Million |
| 2020 | 14.80% | 4.13% | 1.04x | 3.45x | $24.99 Million |
| 2021 | -5.49% | -1.59% | 1.05x | 3.30x | $-79.27 Million |
| 2022 | 8.04% | 2.21% | 1.22x | 2.98x | $-11.20 Million |
| 2023 | 16.11% | 9.48% | 0.68x | 2.50x | $40.83 Million |
| 2024 | -12.98% | -8.02% | 0.82x | 1.97x | $-196.35 Million |
| 2025 | -2.44% | -1.29% | 0.98x | 1.92x | $-102.63 Million |
Industry Comparison
This section compares Clearwater Paper Corporation's net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $856,777,313
- Average return on equity (ROE) among peers: 16.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Clearwater Paper Corporation (CLW) | $825.30 Million | 6.25% | 0.92x | $228.23 Million |
| IT Tech Packaging Inc (ITP) | $18.03 Million | 17.71% | 1.14x | $3.31 Million |
| Mercer International Inc (MERC) | $35.30 Million | 15.86% | 0.70x | $74.35 Million |
| Sylvamo Corp (SLVM) | $2.52 Billion | 14.98% | 0.38x | $1.77 Billion |
About Clearwater Paper Corporation
Clearwater Paper Corporation manufactures and supplies solid bleached sulfate (SBS) paperboard packaging products in the United States and internationally. The company offers SBS paperboard for use in folding cartons, food service, and commercial printing items; folding carton paperboards, such as blister, carded packaging, and top sheet products; food service paperboard, including liquid packagi… Read more