Clearwater Paper Corporation (CLW)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 107,700 | 46,000 | -28,100 | 77,100 | -5,600 |
| Revenue | US$ in thousands | 2,082,800 | 2,080,100 | 1,772,600 | 1,868,600 | 1,761,500 |
| Net profit margin | 5.17% | 2.21% | -1.59% | 4.13% | -0.32% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $107,700K ÷ $2,082,800K
= 5.17%
The net profit margin of Clearwater Paper Corp has shown variability over the past five years, indicating fluctuations in the company's profitability relative to its revenue. In 2023, the net profit margin improved to 5.17%, a significant increase from the previous year's 2.21%. This suggests enhanced efficiency in managing costs and generating profits from its operations.
In 2021, Clearwater Paper Corp experienced a negative net profit margin of -1.59%, indicating that the company incurred a net loss during that period. However, the company managed to turn this around in 2020, achieving a net profit margin of 4.13%.
The negative net profit margin of -0.32% in 2019 indicates that Clearwater Paper Corp faced challenges in generating profits relative to its revenue. Overall, while the company has demonstrated improved profitability in recent years, there have been fluctuations in performance, highlighting the importance of consistent financial management and operational efficiency.