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Side-by-side financial comparison of Clearwater Paper Corp (CLW) and ESCO TECHNOLOGIES INC (ESE). Click either name above to swap in a different company.
Clearwater Paper Corp is the larger business by last-quarter revenue ($360.3M vs $289.7M, roughly 1.2× ESCO TECHNOLOGIES INC). ESCO TECHNOLOGIES INC runs the higher net margin — 9.9% vs -3.6%, a 13.5% gap on every dollar of revenue. On growth, ESCO TECHNOLOGIES INC posted the faster year-over-year revenue change (17.3% vs -4.7%). Over the past eight quarters, ESCO TECHNOLOGIES INC's revenue compounded faster (7.8% CAGR vs 2.3%).
Clearwater Paper Corporation is an American pulp and paperboard manufacturer. The company was created on December 9, 2008, via a spin-off from Potlatch Corporation and is headquartered in Spokane, Washington.
Esco is a Singaporean brand that develops, manufactures, and sells products and services for laboratories.
CLW vs ESE — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $360.3M | $289.7M |
| Net Profit | $-12.8M | $28.7M |
| Gross Margin | -0.2% | 41.4% |
| Operating Margin | — | 13.2% |
| Net Margin | -3.6% | 9.9% |
| Revenue YoY | -4.7% | 17.3% |
| Net Profit YoY | -103.2% | 22.2% |
| EPS (diluted) | — | $1.11 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $360.3M | — | ||
| Q4 25 | $386.4M | $289.7M | ||
| Q3 25 | $399.0M | $286.5M | ||
| Q2 25 | $391.8M | $296.3M | ||
| Q1 25 | $378.2M | $265.5M | ||
| Q4 24 | $387.1M | $247.0M | ||
| Q3 24 | $393.3M | $298.5M | ||
| Q2 24 | $344.4M | $260.8M |
| Q1 26 | $-12.8M | — | ||
| Q4 25 | $38.3M | $28.7M | ||
| Q3 25 | $-53.3M | $218.7M | ||
| Q2 25 | $2.7M | $26.1M | ||
| Q1 25 | $-6.3M | $31.0M | ||
| Q4 24 | $199.1M | $23.5M | ||
| Q3 24 | $5.8M | $34.3M | ||
| Q2 24 | $-25.8M | $29.2M |
| Q1 26 | -0.2% | — | ||
| Q4 25 | 4.5% | 41.4% | ||
| Q3 25 | 4.7% | 45.9% | ||
| Q2 25 | 11.0% | 41.2% | ||
| Q1 25 | 9.7% | 41.1% | ||
| Q4 24 | 3.8% | 39.8% | ||
| Q3 24 | 7.7% | 40.1% | ||
| Q2 24 | -0.6% | 39.6% |
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | 13.2% | ||
| Q3 25 | -13.9% | 17.2% | ||
| Q2 25 | 2.5% | 11.2% | ||
| Q1 25 | -1.1% | 15.3% | ||
| Q4 24 | -4.0% | 11.4% | ||
| Q3 24 | -0.3% | 14.8% | ||
| Q2 24 | -13.6% | 14.3% |
| Q1 26 | -3.6% | — | ||
| Q4 25 | 9.9% | 9.9% | ||
| Q3 25 | -13.4% | 76.3% | ||
| Q2 25 | 0.7% | 8.8% | ||
| Q1 25 | -1.7% | 11.7% | ||
| Q4 24 | 51.4% | 9.5% | ||
| Q3 24 | 1.5% | 11.5% | ||
| Q2 24 | -7.5% | 11.2% |
| Q1 26 | — | — | ||
| Q4 25 | $2.36 | $1.11 | ||
| Q3 25 | $-3.30 | $8.43 | ||
| Q2 25 | $0.17 | $1.01 | ||
| Q1 25 | $-0.38 | $1.20 | ||
| Q4 24 | $11.87 | $0.91 | ||
| Q3 24 | $0.35 | $1.32 | ||
| Q2 24 | $-1.55 | $1.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $36.5M | $103.8M |
| Total DebtLower is stronger | $361.1M | $145.5M |
| Stockholders' EquityBook value | $813.8M | $1.6B |
| Total Assets | $1.6B | $2.4B |
| Debt / EquityLower = less leverage | 0.44× | 0.09× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $36.5M | — | ||
| Q4 25 | $30.7M | $103.8M | ||
| Q3 25 | $34.4M | $101.3M | ||
| Q2 25 | $46.7M | $78.7M | ||
| Q1 25 | $44.0M | $57.4M | ||
| Q4 24 | $79.6M | $71.3M | ||
| Q3 24 | $35.5M | $66.0M | ||
| Q2 24 | $39.6M | $63.0M |
| Q1 26 | $361.1M | — | ||
| Q4 25 | $346.8M | $145.5M | ||
| Q3 25 | $337.0M | $186.0M | ||
| Q2 25 | $330.1M | $525.0M | ||
| Q1 25 | — | $88.0M | ||
| Q4 24 | $283.4M | $112.0M | ||
| Q3 24 | $1.2B | $122.0M | ||
| Q2 24 | $1.1B | $173.0M |
| Q1 26 | $813.8M | — | ||
| Q4 25 | $825.3M | $1.6B | ||
| Q3 25 | $783.0M | $1.5B | ||
| Q2 25 | $836.8M | $1.3B | ||
| Q1 25 | $836.6M | $1.3B | ||
| Q4 24 | $854.6M | $1.2B | ||
| Q3 24 | $664.6M | $1.2B | ||
| Q2 24 | $658.6M | $1.2B |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $2.4B | ||
| Q3 25 | $1.6B | $2.4B | ||
| Q2 25 | $1.6B | $2.5B | ||
| Q1 25 | $1.6B | $1.8B | ||
| Q4 24 | $1.7B | $1.8B | ||
| Q3 24 | $2.5B | $1.8B | ||
| Q2 24 | $2.5B | $1.8B |
| Q1 26 | 0.44× | — | ||
| Q4 25 | 0.42× | 0.09× | ||
| Q3 25 | 0.43× | 0.12× | ||
| Q2 25 | 0.39× | 0.40× | ||
| Q1 25 | — | 0.07× | ||
| Q4 24 | 0.33× | 0.09× | ||
| Q3 24 | 1.73× | 0.10× | ||
| Q2 24 | 1.74× | 0.14× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $68.9M |
| Free Cash FlowOCF − Capex | — | $63.0M |
| FCF MarginFCF / Revenue | — | 21.7% |
| Capex IntensityCapex / Revenue | — | 2.0% |
| Cash ConversionOCF / Net Profit | — | 2.40× |
| TTM Free Cash FlowTrailing 4 quarters | — | $239.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $5.0M | $68.9M | ||
| Q3 25 | $34.0M | $109.9M | ||
| Q2 25 | $-28.2M | $73.7M | ||
| Q1 25 | $1.5M | $24.1M | ||
| Q4 24 | $-35.1M | $34.2M | ||
| Q3 24 | $16.2M | $72.1M | ||
| Q2 24 | $21.1M | $36.2M |
| Q1 26 | — | — | ||
| Q4 25 | $-9.9M | $63.0M | ||
| Q3 25 | $15.7M | $97.8M | ||
| Q2 25 | $-51.1M | $64.9M | ||
| Q1 25 | $-31.2M | $14.0M | ||
| Q4 24 | $-68.1M | $29.0M | ||
| Q3 24 | $-30.8M | $60.9M | ||
| Q2 24 | $3.0M | $27.6M |
| Q1 26 | — | — | ||
| Q4 25 | -2.6% | 21.7% | ||
| Q3 25 | 3.9% | 34.1% | ||
| Q2 25 | -13.0% | 21.9% | ||
| Q1 25 | -8.2% | 5.3% | ||
| Q4 24 | -17.6% | 11.7% | ||
| Q3 24 | -7.8% | 20.4% | ||
| Q2 24 | 0.9% | 10.6% |
| Q1 26 | — | — | ||
| Q4 25 | 3.9% | 2.0% | ||
| Q3 25 | 4.6% | 4.2% | ||
| Q2 25 | 5.8% | 3.0% | ||
| Q1 25 | 8.6% | 3.8% | ||
| Q4 24 | 8.5% | 2.1% | ||
| Q3 24 | 12.0% | 3.8% | ||
| Q2 24 | 5.3% | 3.3% |
| Q1 26 | — | — | ||
| Q4 25 | 0.13× | 2.40× | ||
| Q3 25 | — | 0.50× | ||
| Q2 25 | -10.44× | 2.83× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | -0.18× | 1.46× | ||
| Q3 24 | 2.79× | 2.10× | ||
| Q2 24 | — | 1.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLW
Segment breakdown not available.
ESE
| US Government | $98.0M | 34% |
| Utility Solutions Group | $87.5M | 30% |
| RF Shielding And Test | $58.3M | 20% |
| Commercial | $45.8M | 16% |
| Related Party | $1.3M | 0% |
