Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Clearwater PaperCLW +0.19%52 Earnings per Share (Diluted) is $-3.04 as of Jun. 2026. GuruFocus rates CLW with a GF Score™ of 52/100 and a GF Value™ of $31.30 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 200 Forest Products companies, Clearwater Paper ranks worse than 499999.5% on this metric.
Clearwater Paper's EPS (Basic) for the
three
months ended in Jun. 2026 was $-1.33.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2026 was $-3.04.
Clearwater Paper (NYSE:CLW) Earnings per Share (Diluted) Explanation
Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.
Be Aware
Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.
If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.
Clearwater Paper Earnings per Share (Diluted) Related Terms
Clearwater Paper Earnings per Share (Diluted) Historical Data
* Premium members only.
The historical data trend for Clearwater Paper's Earnings per Share (Diluted) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Clearwater Paper Earnings per Share (Diluted) Chart
CLW vs MERC, ITP: Earnings per Share (Diluted) Comparison
For the Paper & Paper Products subindustry, Clearwater Paper's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Clearwater Paper PE Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Clearwater Paper's PE Ratio distribution charts can be found below:
* The bar in red indicates where Clearwater Paper's PE Ratio falls into.
Clearwater Paper Earnings per Share (Diluted) Calculation
Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.
Clearwater Paper's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2025 is calculated as
Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.04
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.
What does a Earnings per Share (Diluted) of $-3.04 mean?
Clearwater Paper (CLW) has a Earnings per Share (Diluted) of $-3.04 as of Jun. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Clearwater Paper and its competitors. According to the industry distribution chart, Clearwater Paper ranks #999999 out of 200 companies in the Forest Products industry.
Is Clearwater Paper's Earnings per Share (Diluted) too high?
Clearwater Paper's current Earnings per Share (Diluted) is $-3.04. Based on the distribution chart, Clearwater Paper ranks #999999 out of 200 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Clearwater Paper has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Clearwater Paper's Earnings per Share (Diluted) compare to MERC and ITP?
According to the Forest Products industry distribution chart, Clearwater Paper ranks #999999 out of 200 companies for Earnings per Share (Diluted). This places Clearwater Paper in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a Forest Products company?
A good Earnings per Share (Diluted) depends on the Forest Products industry context. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Clearwater Paper and its competitors. Clearwater Paper's current Earnings per Share (Diluted) is $-3.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clearwater Paper stock overvalued right now?
Based on GuruFocus' analysis, Clearwater Paper (CLW) is currently considered Possible Value Trap. The stock's GF Value™ is $31.30, compared to a current price of $20.67 — trading 34% below its estimated fair value. The current Earnings per Share (Diluted) is $-3.04. Clearwater Paper's overall GF Score™ is 52/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Clearwater Paper (CLW), the current Earnings per Share (Diluted) is $-3.04 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Clearwater Paper (CLW) Overvalued in 2026?
Based on GuruFocus' analysis, Clearwater Paper stock appears to be undervalued.
The current stock price of $20.67 is trading 34% below its estimated GF Value™ of $31.30.
GuruFocus considers Clearwater Paper to be Possible Value Trap.
Key valuation signals for CLW:
Earnings per Share (Diluted): $-3.04
GF Value™: $31.30 vs. price of $20.67 (34% below fair value)
No single metric tells the full story. See the CLW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clearwater Paper Corp is engaged in the manufacturing and supplier of Solid Bleached Sulfate (SBS) paperboard packaging products. The company products includes: SBS paperboard which is a premium paperboard grade that is frequently used to produce folding cartons, food service, commercial printing items. It generates maximum revenue from Pulp and Paperboard segment. Company operate in United States and have globalized access too. Geographically, it derives maximum revenue from the United States.
52GF Score
Get the complete analysis for CLW
Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CLW has been successfully added to your 
