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Side-by-side financial comparison of Clearwater Paper Corp (CLW) and loanDepot, Inc. (LDI). Click either name above to swap in a different company.
Clearwater Paper Corp is the larger business by last-quarter revenue ($360.3M vs $310.3M, roughly 1.2× loanDepot, Inc.). Clearwater Paper Corp runs the higher net margin — -3.6% vs -7.2%, a 3.7% gap on every dollar of revenue. On growth, loanDepot, Inc. posted the faster year-over-year revenue change (20.5% vs -4.7%). Over the past eight quarters, loanDepot, Inc.'s revenue compounded faster (18.0% 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.
LoanDepot, sometimes stylized as loanDepot, is an Irvine, California-based nonbank holding company which sells mortgage and non-mortgage lending products.
CLW vs LDI — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $360.3M | $310.3M |
| Net Profit | $-12.8M | $-22.5M |
| Gross Margin | -0.2% | — |
| Operating Margin | — | -10.3% |
| Net Margin | -3.6% | -7.2% |
| Revenue YoY | -4.7% | 20.5% |
| Net Profit YoY | -103.2% | 32.4% |
| EPS (diluted) | — | — |
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 | $310.3M | ||
| Q3 25 | $399.0M | $323.3M | ||
| Q2 25 | $391.8M | $282.5M | ||
| Q1 25 | $378.2M | $273.6M | ||
| Q4 24 | $387.1M | $257.5M | ||
| Q3 24 | $393.3M | $314.6M | ||
| Q2 24 | $344.4M | $265.4M |
| Q1 26 | $-12.8M | — | ||
| Q4 25 | $38.3M | $-22.5M | ||
| Q3 25 | $-53.3M | $-4.9M | ||
| Q2 25 | $2.7M | $-13.4M | ||
| Q1 25 | $-6.3M | $-21.9M | ||
| Q4 24 | $199.1M | $-33.2M | ||
| Q3 24 | $5.8M | $1.4M | ||
| Q2 24 | $-25.8M | $-32.2M |
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | -10.3% | ||
| Q3 25 | -13.9% | -3.2% | ||
| Q2 25 | 2.5% | -11.4% | ||
| Q1 25 | -1.1% | -16.8% | ||
| Q4 24 | -4.0% | -32.7% | ||
| Q3 24 | -0.3% | 1.1% | ||
| Q2 24 | -13.6% | -29.1% |
| Q1 26 | -3.6% | — | ||
| Q4 25 | 9.9% | -7.2% | ||
| Q3 25 | -13.4% | -1.5% | ||
| Q2 25 | 0.7% | -4.7% | ||
| Q1 25 | -1.7% | -8.0% | ||
| Q4 24 | 51.4% | -12.9% | ||
| Q3 24 | 1.5% | 0.4% | ||
| Q2 24 | -7.5% | -12.1% |
| Q1 26 | — | — | ||
| Q4 25 | $2.36 | — | ||
| Q3 25 | $-3.30 | — | ||
| Q2 25 | $0.17 | — | ||
| Q1 25 | $-0.38 | — | ||
| Q4 24 | $11.87 | — | ||
| Q3 24 | $0.35 | $0.01 | ||
| Q2 24 | $-1.55 | $-0.18 |
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 | $337.2M |
| Total DebtLower is stronger | $361.1M | $2.1B |
| Stockholders' EquityBook value | $813.8M | $386.0M |
| Total Assets | $1.6B | $6.9B |
| Debt / EquityLower = less leverage | 0.44× | 5.44× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $36.5M | — | ||
| Q4 25 | $30.7M | $337.2M | ||
| Q3 25 | $34.4M | $459.2M | ||
| Q2 25 | $46.7M | $408.6M | ||
| Q1 25 | $44.0M | $371.5M | ||
| Q4 24 | $79.6M | $421.6M | ||
| Q3 24 | $35.5M | $483.0M | ||
| Q2 24 | $39.6M | $533.2M |
| Q1 26 | $361.1M | — | ||
| Q4 25 | $346.8M | $2.1B | ||
| Q3 25 | $337.0M | $2.1B | ||
| Q2 25 | $330.1M | $2.1B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | $283.4M | $2.0B | ||
| Q3 24 | $1.2B | $2.0B | ||
| Q2 24 | $1.1B | $2.0B |
| Q1 26 | $813.8M | — | ||
| Q4 25 | $825.3M | $386.0M | ||
| Q3 25 | $783.0M | $433.3M | ||
| Q2 25 | $836.8M | $439.1M | ||
| Q1 25 | $836.6M | $469.3M | ||
| Q4 24 | $854.6M | $506.6M | ||
| Q3 24 | $664.6M | $592.0M | ||
| Q2 24 | $658.6M | $578.9M |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $6.9B | ||
| Q3 25 | $1.6B | $6.2B | ||
| Q2 25 | $1.6B | $6.2B | ||
| Q1 25 | $1.6B | $6.4B | ||
| Q4 24 | $1.7B | $6.3B | ||
| Q3 24 | $2.5B | $6.4B | ||
| Q2 24 | $2.5B | $5.9B |
| Q1 26 | 0.44× | — | ||
| Q4 25 | 0.42× | 5.44× | ||
| Q3 25 | 0.43× | 4.83× | ||
| Q2 25 | 0.39× | 4.70× | ||
| Q1 25 | — | 4.30× | ||
| Q4 24 | 0.33× | 4.00× | ||
| Q3 24 | 1.73× | 3.31× | ||
| Q2 24 | 1.74× | 3.41× |
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 | — | $-638.7M |
| Free Cash FlowOCF − Capex | — | $-648.0M |
| FCF MarginFCF / Revenue | — | -208.9% |
| Capex IntensityCapex / Revenue | — | 3.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-734.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $5.0M | $-638.7M | ||
| Q3 25 | $34.0M | $43.4M | ||
| Q2 25 | $-28.2M | $67.6M | ||
| Q1 25 | $1.5M | $-179.9M | ||
| Q4 24 | $-35.1M | $47.7M | ||
| Q3 24 | $16.2M | $-349.2M | ||
| Q2 24 | $21.1M | $-278.3M |
| Q1 26 | — | — | ||
| Q4 25 | $-9.9M | $-648.0M | ||
| Q3 25 | $15.7M | $38.7M | ||
| Q2 25 | $-51.1M | $61.4M | ||
| Q1 25 | $-31.2M | $-186.7M | ||
| Q4 24 | $-68.1M | $40.8M | ||
| Q3 24 | $-30.8M | $-356.4M | ||
| Q2 24 | $3.0M | $-285.7M |
| Q1 26 | — | — | ||
| Q4 25 | -2.6% | -208.9% | ||
| Q3 25 | 3.9% | 12.0% | ||
| Q2 25 | -13.0% | 21.7% | ||
| Q1 25 | -8.2% | -68.2% | ||
| Q4 24 | -17.6% | 15.8% | ||
| Q3 24 | -7.8% | -113.3% | ||
| Q2 24 | 0.9% | -107.7% |
| Q1 26 | — | — | ||
| Q4 25 | 3.9% | 3.0% | ||
| Q3 25 | 4.6% | 1.5% | ||
| Q2 25 | 5.8% | 2.2% | ||
| Q1 25 | 8.6% | 2.5% | ||
| Q4 24 | 8.5% | 2.7% | ||
| Q3 24 | 12.0% | 2.3% | ||
| Q2 24 | 5.3% | 2.8% |
| Q1 26 | — | — | ||
| Q4 25 | 0.13× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -10.44× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.18× | — | ||
| Q3 24 | 2.79× | -255.05× | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
