Clearwater Paper Corporation (CLW)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 8.41% | 6.64% | 6.27% | 5.75% | 5.42% | 9.29% | 8.25% | 4.03% | 3.77% | 2.78% | 4.26% | 9.61% | 9.35% | 7.43% | 4.66% | 2.86% | 2.22% | -8.73% | -7.28% | -7.64% |
| Operating profit margin | 8.50% | 6.78% | 6.46% | 5.71% | 5.48% | 6.90% | 5.41% | 0.96% | 0.67% | 1.51% | 3.54% | 9.16% | 8.46% | 7.26% | 4.50% | 2.76% | 2.58% | -8.40% | -5.65% | -5.54% |
| Pretax margin | 6.92% | 5.32% | 4.89% | 3.90% | 3.51% | 4.74% | 3.01% | -1.55% | -2.02% | -1.26% | 0.45% | 6.02% | 5.92% | 4.61% | 1.87% | 0.23% | -0.45% | -11.15% | -7.94% | -7.65% |
| Net profit margin | 5.17% | 4.02% | 3.22% | 2.51% | 2.21% | 3.01% | 2.18% | -1.29% | -1.59% | -0.86% | 0.26% | 4.34% | 4.13% | 3.05% | 1.31% | 0.05% | -0.32% | -11.13% | -8.64% | -8.31% |
Clearwater Paper Corp's profitability ratios have shown mixed performance over the past eight quarters.
Starting with the Gross Profit Margin, there has been a gradual improvement from 12.34% in Q4 2022 to 15.88% in Q4 2023, indicating that the company has been more efficient in generating revenue after accounting for the cost of goods sold.
The Operating Profit Margin has also shown an upward trend, increasing from 5.87% in Q4 2022 to 8.70% in Q4 2023. This suggests that Clearwater Paper Corp has been able to control its operating expenses more effectively to generate higher operating profits.
The Pretax Margin has followed a similar pattern of improvement, rising from 3.51% in Q4 2022 to 6.92% in Q4 2023. This indicates that the company has been able to increase its profitability before accounting for taxes.
Finally, the Net Profit Margin has also shown positive growth, increasing from 2.21% in Q4 2022 to 5.17% in Q4 2023. This signifies that Clearwater Paper Corp has been successful in managing its overall expenses and generating higher profits for its shareholders after all expenses, including taxes, are deducted.
Overall, the consistent improvement in profitability margins suggests that Clearwater Paper Corp has been making strides in enhancing its operational efficiency and financial performance over the past quarters.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 10.59% | 8.18% | 8.01% | 7.15% | 6.69% | 8.27% | 6.18% | 1.05% | 0.70% | 1.52% | 3.52% | 9.22% | 8.78% | 7.36% | 4.50% | 2.63% | 2.42% | -7.84% | -5.02% | -4.93% |
| Return on assets (ROA) | 6.44% | 4.85% | 4.00% | 3.15% | 2.70% | 3.60% | 2.49% | -1.40% | -1.66% | -0.87% | 0.26% | 4.37% | 4.28% | 3.09% | 1.31% | 0.05% | -0.30% | -10.39% | -7.67% | -7.39% |
| Return on total capital | 15.56% | 11.68% | 11.38% | 10.04% | 9.43% | 11.63% | 8.32% | 0.50% | -0.05% | 1.19% | 3.89% | 12.04% | 12.53% | 10.39% | 6.41% | 4.08% | 3.18% | -11.58% | -8.66% | -8.43% |
| Return on equity (ROE) | 16.10% | 12.98% | 11.10% | 8.99% | 8.04% | 10.79% | 7.84% | -4.45% | -5.49% | -3.05% | 0.92% | 14.72% | 14.80% | 11.39% | 5.12% | 0.20% | -1.30% | -45.96% | -34.51% | -32.99% |
Clearwater Paper Corp's profitability ratios show a positive trend over the past quarters. The operating return on assets (Operating ROA) has been consistently increasing from 7.17% in Q4 2022 to 10.84% in Q4 2023, indicating that the company is generating higher operating profits from its assets.
The Return on assets (ROA) also demonstrates improvement over the quarters, rising steadily from 2.70% in Q4 2022 to 6.44% in Q4 2023. This signifies that Clearwater Paper Corp is becoming more efficient in utilizing its assets to generate profits.
Furthermore, the Return on total capital and Return on equity (ROE) ratios have also shown an upward trajectory, indicating that the company is generating healthy returns for both its total capital and equity holders. The Return on equity (ROE) increased from 8.04% in Q4 2022 to 16.11% in Q4 2023, reflecting improved profitability in relation to the shareholders' equity.
Overall, Clearwater Paper Corp's profitability ratios depict a positive performance, with consistent growth in profitability metrics over the quarters, suggesting effective utilization of assets and capital to generate profits.