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Side-by-side financial comparison of Clearwater Paper Corp (CLW) and KENNAMETAL INC (KMT). Click either name above to swap in a different company.
KENNAMETAL INC is the larger business by last-quarter revenue ($592.6M vs $360.3M, roughly 1.6× Clearwater Paper Corp). KENNAMETAL INC runs the higher net margin — 10.3% vs -3.6%, a 13.9% gap on every dollar of revenue. On growth, KENNAMETAL INC posted the faster year-over-year revenue change (21.8% vs -4.7%). Over the past eight quarters, KENNAMETAL INC's revenue compounded faster (4.4% 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.
Kennametal, Inc. is a manufacturer of high-performance cutting tools and engineered components used in the aerospace, defense, transportation and oil and gas drilling industries. Its customer base is global.
CLW vs KMT — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $360.3M | $592.6M |
| Net Profit | $-12.8M | $61.1M |
| Gross Margin | -0.2% | 35.1% |
| Operating Margin | — | 13.4% |
| Net Margin | -3.6% | 10.3% |
| Revenue YoY | -4.7% | 21.8% |
| Net Profit YoY | -103.2% | 85.0% |
| EPS (diluted) | — | $0.75 |
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 | $592.6M | ||
| Q4 25 | $386.4M | $529.5M | ||
| Q3 25 | $399.0M | $498.0M | ||
| Q2 25 | $391.8M | $516.4M | ||
| Q1 25 | $378.2M | $486.4M | ||
| Q4 24 | $387.1M | $482.1M | ||
| Q3 24 | $393.3M | $481.9M | ||
| Q2 24 | $344.4M | $543.3M |
| Q1 26 | $-12.8M | $61.1M | ||
| Q4 25 | $38.3M | $33.9M | ||
| Q3 25 | $-53.3M | $23.3M | ||
| Q2 25 | $2.7M | $21.6M | ||
| Q1 25 | $-6.3M | $31.5M | ||
| Q4 24 | $199.1M | $17.9M | ||
| Q3 24 | $5.8M | $22.1M | ||
| Q2 24 | $-25.8M | $37.2M |
| Q1 26 | -0.2% | 35.1% | ||
| Q4 25 | 4.5% | 32.8% | ||
| Q3 25 | 4.7% | 31.0% | ||
| Q2 25 | 11.0% | 28.2% | ||
| Q1 25 | 9.7% | 32.1% | ||
| Q4 24 | 3.8% | 30.1% | ||
| Q3 24 | 7.7% | 31.3% | ||
| Q2 24 | -0.6% | 31.5% |
| Q1 26 | — | 13.4% | ||
| Q4 25 | 1.9% | 9.9% | ||
| Q3 25 | -13.9% | 7.5% | ||
| Q2 25 | 2.5% | 6.1% | ||
| Q1 25 | -1.1% | 9.1% | ||
| Q4 24 | -4.0% | 6.6% | ||
| Q3 24 | -0.3% | 7.5% | ||
| Q2 24 | -13.6% | 11.3% |
| Q1 26 | -3.6% | 10.3% | ||
| Q4 25 | 9.9% | 6.4% | ||
| Q3 25 | -13.4% | 4.7% | ||
| Q2 25 | 0.7% | 4.2% | ||
| Q1 25 | -1.7% | 6.5% | ||
| Q4 24 | 51.4% | 3.7% | ||
| Q3 24 | 1.5% | 4.6% | ||
| Q2 24 | -7.5% | 6.8% |
| Q1 26 | — | $0.75 | ||
| Q4 25 | $2.36 | $0.44 | ||
| Q3 25 | $-3.30 | $0.30 | ||
| Q2 25 | $0.17 | $0.28 | ||
| Q1 25 | $-0.38 | $0.41 | ||
| Q4 24 | $11.87 | $0.23 | ||
| Q3 24 | $0.35 | $0.28 | ||
| Q2 24 | $-1.55 | $0.47 |
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 | $106.8M |
| Total DebtLower is stronger | $361.1M | $597.4M |
| Stockholders' EquityBook value | $813.8M | — |
| Total Assets | $1.6B | $2.7B |
| Debt / EquityLower = less leverage | 0.44× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $36.5M | $106.8M | ||
| Q4 25 | $30.7M | $129.3M | ||
| Q3 25 | $34.4M | $103.5M | ||
| Q2 25 | $46.7M | $140.5M | ||
| Q1 25 | $44.0M | $97.5M | ||
| Q4 24 | $79.6M | $121.2M | ||
| Q3 24 | $35.5M | $119.6M | ||
| Q2 24 | $39.6M | $128.0M |
| Q1 26 | $361.1M | $597.4M | ||
| Q4 25 | $346.8M | $597.2M | ||
| Q3 25 | $337.0M | $597.0M | ||
| Q2 25 | $330.1M | $596.8M | ||
| Q1 25 | — | $596.6M | ||
| Q4 24 | $283.4M | $596.4M | ||
| Q3 24 | $1.2B | $596.2M | ||
| Q2 24 | $1.1B | $596.0M |
| Q1 26 | $813.8M | — | ||
| Q4 25 | $825.3M | $1.3B | ||
| Q3 25 | $783.0M | $1.3B | ||
| Q2 25 | $836.8M | $1.3B | ||
| Q1 25 | $836.6M | $1.2B | ||
| Q4 24 | $854.6M | $1.2B | ||
| Q3 24 | $664.6M | $1.3B | ||
| Q2 24 | $658.6M | $1.2B |
| Q1 26 | $1.6B | $2.7B | ||
| Q4 25 | $1.6B | $2.6B | ||
| Q3 25 | $1.6B | $2.5B | ||
| Q2 25 | $1.6B | $2.5B | ||
| Q1 25 | $1.6B | $2.5B | ||
| Q4 24 | $1.7B | $2.4B | ||
| Q3 24 | $2.5B | $2.5B | ||
| Q2 24 | $2.5B | $2.5B |
| Q1 26 | 0.44× | — | ||
| Q4 25 | 0.42× | 0.45× | ||
| Q3 25 | 0.43× | 0.46× | ||
| Q2 25 | 0.39× | 0.46× | ||
| Q1 25 | — | 0.48× | ||
| Q4 24 | 0.33× | 0.49× | ||
| Q3 24 | 1.73× | 0.47× | ||
| Q2 24 | 1.74× | 0.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLW
Segment breakdown not available.
KMT
| Americas | $298.3M | 50% |
| EMEA | $174.0M | 29% |
| Asia Pacific | $120.3M | 20% |
