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Clearwater Paper vs Mativ Holdings

Mativ Holdings is the larger business, with $1.99bn of revenue in fiscal 2025 against $1.56bn for Clearwater Paper (1.3 times as much). Clearwater Paper grew faster (12.4% against 0.3%). Clearwater Paper kept more of each dollar of sales as profit: a net margin of -1.2% against -17.0%. Clearwater Paper carries less debt relative to equity (42.1% against 207.3%).

Latest fiscal yearClearwater PaperCLW, 2025Mativ HoldingsMATV, 2025
Revenue $1.56bn $1.99bn
Revenue growth 12.4% 0.3%
Net income −$18.6m −$337m
Operating margin -2.7% -19.3%
Net margin -1.2% -17.0%
Return on equity -2.2% -49.7%
Free cash flow −$76.5m $93.8m
Cash $30.7m $84.2m
Total debt $347m $1.03bn
Debt to equity 42.1% 207.3%
Dividend per share — $0.40
Dividend yield — 3.5%
Share buybacks $17.2m —
Employees — —
Market value $216m $623m
Price vs our value range — Below our value range
Moat score 34 (Weak) 32 (Weak)
Insider trades, 12 months 0 buys, 1 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.