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Side-by-side financial comparison of Clearwater Paper Corp (CLW) and FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG). Click either name above to swap in a different company.

FLAGSTAR BANK, NATIONAL ASSOCIATION is the larger business by last-quarter revenue ($498.0M vs $360.3M, roughly 1.4× Clearwater Paper Corp). FLAGSTAR BANK, NATIONAL ASSOCIATION runs the higher net margin — 4.2% vs -3.6%, a 7.8% gap on every dollar of revenue. On growth, FLAGSTAR BANK, NATIONAL ASSOCIATION posted the faster year-over-year revenue change (1.6% vs -4.7%). Over the past eight quarters, Clearwater Paper Corp's revenue compounded faster (2.3% CAGR vs -18.0%).

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.

Flagstar Bank was an American commercial bank headquartered in Troy, Michigan. The bank was founded in 1987 and operated as a consumer and commercial bank, mortgage lender, and offered financial services. Flagstar Bancorp, Inc. was acquired by New York Community Bancorp, Inc. on December 1, 2022. New York Community Bancorp subsequently rebranded all of its branches under the Flagstar name and changed its name to Flagstar Financial in 2024. In a corporate restructuring in 2025 Flagstar Financi...

CLW vs FLG — Head-to-Head

Bigger by revenue
FLG
FLG
1.4× larger
FLG
$498.0M
$360.3M
CLW
Growing faster (revenue YoY)
FLG
FLG
+6.4% gap
FLG
1.6%
-4.7%
CLW
Higher net margin
FLG
FLG
7.8% more per $
FLG
4.2%
-3.6%
CLW
Faster 2-yr revenue CAGR
CLW
CLW
Annualised
CLW
2.3%
-18.0%
FLG

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CLW
CLW
FLG
FLG
Revenue
$360.3M
$498.0M
Net Profit
$-12.8M
$21.0M
Gross Margin
-0.2%
Operating Margin
11.4%
Net Margin
-3.6%
4.2%
Revenue YoY
-4.7%
1.6%
Net Profit YoY
-103.2%
-38.1%
EPS (diluted)
$0.03

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.

Revenue
CLW
CLW
FLG
FLG
Q1 26
$360.3M
$498.0M
Q4 25
$386.4M
Q3 25
$399.0M
$425.0M
Q2 25
$391.8M
$419.0M
Q1 25
$378.2M
Q4 24
$387.1M
$461.0M
Q3 24
$393.3M
$510.0M
Q2 24
$344.4M
$557.0M
Net Profit
CLW
CLW
FLG
FLG
Q1 26
$-12.8M
$21.0M
Q4 25
$38.3M
Q3 25
$-53.3M
$-36.0M
Q2 25
$2.7M
$-70.0M
Q1 25
$-6.3M
Q4 24
$199.1M
$-188.0M
Q3 24
$5.8M
$-280.0M
Q2 24
$-25.8M
$-323.0M
Gross Margin
CLW
CLW
FLG
FLG
Q1 26
-0.2%
Q4 25
4.5%
Q3 25
4.7%
Q2 25
11.0%
Q1 25
9.7%
Q4 24
3.8%
Q3 24
7.7%
Q2 24
-0.6%
Operating Margin
CLW
CLW
FLG
FLG
Q1 26
11.4%
Q4 25
1.9%
Q3 25
-13.9%
-9.6%
Q2 25
2.5%
-19.3%
Q1 25
-1.1%
Q4 24
-4.0%
-51.6%
Q3 24
-0.3%
-65.7%
Q2 24
-13.6%
-76.1%
Net Margin
CLW
CLW
FLG
FLG
Q1 26
-3.6%
4.2%
Q4 25
9.9%
Q3 25
-13.4%
-8.5%
Q2 25
0.7%
-16.7%
Q1 25
-1.7%
Q4 24
51.4%
-40.8%
Q3 24
1.5%
-54.9%
Q2 24
-7.5%
-58.0%
EPS (diluted)
CLW
CLW
FLG
FLG
Q1 26
$0.03
Q4 25
$2.36
Q3 25
$-3.30
$-0.11
Q2 25
$0.17
$-0.19
Q1 25
$-0.38
Q4 24
$11.87
$-1.11
Q3 24
$0.35
$-0.79
Q2 24
$-1.55
$-1.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLW
CLW
FLG
FLG
Cash + ST InvestmentsLiquidity on hand
$36.5M
Total DebtLower is stronger
$361.1M
Stockholders' EquityBook value
$813.8M
$8.1B
Total Assets
$1.6B
$87.1B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLW
CLW
FLG
FLG
Q1 26
$36.5M
Q4 25
$30.7M
Q3 25
$34.4M
$23.6B
Q2 25
$46.7M
$22.9B
Q1 25
$44.0M
Q4 24
$79.6M
$25.8B
Q3 24
$35.5M
$33.6B
Q2 24
$39.6M
$29.5B
Total Debt
CLW
CLW
FLG
FLG
Q1 26
$361.1M
Q4 25
$346.8M
Q3 25
$337.0M
$13.2B
Q2 25
$330.1M
$13.2B
Q1 25
Q4 24
$283.4M
$14.4B
Q3 24
$1.2B
$20.3B
Q2 24
$1.1B
$28.9B
Stockholders' Equity
CLW
CLW
FLG
FLG
Q1 26
$813.8M
$8.1B
Q4 25
$825.3M
Q3 25
$783.0M
$8.1B
Q2 25
$836.8M
$8.1B
Q1 25
$836.6M
Q4 24
$854.6M
$8.2B
Q3 24
$664.6M
$8.6B
Q2 24
$658.6M
$8.4B
Total Assets
CLW
CLW
FLG
FLG
Q1 26
$1.6B
$87.1B
Q4 25
$1.6B
Q3 25
$1.6B
$91.7B
Q2 25
$1.6B
$92.2B
Q1 25
$1.6B
Q4 24
$1.7B
$100.2B
Q3 24
$2.5B
$114.4B
Q2 24
$2.5B
$119.1B
Debt / Equity
CLW
CLW
FLG
FLG
Q1 26
0.44×
Q4 25
0.42×
Q3 25
0.43×
1.63×
Q2 25
0.39×
1.63×
Q1 25
Q4 24
0.33×
1.77×
Q3 24
1.73×
2.37×
Q2 24
1.74×
3.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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