Clearwater Paper Corporation (CLW) Stock Analysis & Winston Score
Clearwater Paper Corporation makes paper products sold in grocery stores and big-box retailers across the United States. The company focuses on private-label tissue products — things like store-brand toilet paper, paper towels, and facial tissue — which retailers sell under their own names instead of national brands. It is one of the larger dedicated private-label tissue manufacturers in the country. Clearwater makes money by selling these paper products directly to retailers and wholesale distributors. The company operates primarily in the United States, with several manufacturing facilities, and generates roughly $1.7 billion in annual revenue. Its competitive position depends on being a reliable, low-cost supplier to retailers who want an alternative to expensive branded products — but thin margins and rising input costs for pulp and energy are a constant pressure. With a gross margin around 5% and a slightly negative operating margin, the biggest challenge ahead is improving profitability as raw material costs fluctuate and competition from other private-label producers remains intense.
Winston Score: 16/100 — Weak
Weak fundamentals across most pillars.
- Quality: Weak (1/30)
- Growth: Weak (3/20)
- Cash Flow: Weak (0/10)
- Stability: Good (5/10)
- Valuation: Data not available (0/10)
- Ownership: Mixed (6/15)
Key Facts
Price: $15.98
Market Cap: $258M
Sector: Basic Materials
Industry: Paper, Lumber & Forest Products

