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Side-by-side financial comparison of Clearwater Paper Corp (CLW) and Mid-America Apartment Communities (MAA). Click either name above to swap in a different company.

Mid-America Apartment Communities is the larger business by last-quarter revenue ($553.7M vs $360.3M, roughly 1.5× Clearwater Paper Corp). On growth, Mid-America Apartment Communities posted the faster year-over-year revenue change (438.7% vs -4.7%). Over the past eight quarters, Clearwater Paper Corp's revenue compounded faster (2.3% CAGR vs 0.7%).

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.

Mid-America Apartment Communities, Inc. (MAA) is a publicly traded real estate investment trust based in Memphis, Tennessee that invests in apartments in the Southeastern United States and the Southwestern United States.

CLW vs MAA — Head-to-Head

Bigger by revenue
MAA
MAA
1.5× larger
MAA
$553.7M
$360.3M
CLW
Growing faster (revenue YoY)
MAA
MAA
+443.4% gap
MAA
438.7%
-4.7%
CLW
Faster 2-yr revenue CAGR
CLW
CLW
Annualised
CLW
2.3%
0.7%
MAA

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CLW
CLW
MAA
MAA
Revenue
$360.3M
$553.7M
Net Profit
$-12.8M
Gross Margin
-0.2%
Operating Margin
Net Margin
-3.6%
Revenue YoY
-4.7%
438.7%
Net Profit YoY
-103.2%
EPS (diluted)
$4.34

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
MAA
MAA
Q1 26
$360.3M
$553.7M
Q4 25
$386.4M
$555.6M
Q3 25
$399.0M
$554.4M
Q2 25
$391.8M
$549.9M
Q1 25
$378.2M
$549.3M
Q4 24
$387.1M
$549.8M
Q3 24
$393.3M
$551.1M
Q2 24
$344.4M
$546.4M
Net Profit
CLW
CLW
MAA
MAA
Q1 26
$-12.8M
Q4 25
$38.3M
$57.6M
Q3 25
$-53.3M
$99.5M
Q2 25
$2.7M
$108.1M
Q1 25
$-6.3M
$181.7M
Q4 24
$199.1M
$166.6M
Q3 24
$5.8M
$115.2M
Q2 24
$-25.8M
$102.0M
Gross Margin
CLW
CLW
MAA
MAA
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
MAA
MAA
Q1 26
Q4 25
1.9%
10.4%
Q3 25
-13.9%
18.7%
Q2 25
2.5%
20.2%
Q1 25
-1.1%
34.0%
Q4 24
-4.0%
31.3%
Q3 24
-0.3%
21.5%
Q2 24
-13.6%
19.3%
Net Margin
CLW
CLW
MAA
MAA
Q1 26
-3.6%
Q4 25
9.9%
10.4%
Q3 25
-13.4%
18.0%
Q2 25
0.7%
19.7%
Q1 25
-1.7%
33.1%
Q4 24
51.4%
30.3%
Q3 24
1.5%
20.9%
Q2 24
-7.5%
18.7%
EPS (diluted)
CLW
CLW
MAA
MAA
Q1 26
$4.34
Q4 25
$2.36
$0.48
Q3 25
$-3.30
$0.84
Q2 25
$0.17
$0.92
Q1 25
$-0.38
$1.54
Q4 24
$11.87
$1.43
Q3 24
$0.35
$0.98
Q2 24
$-1.55
$0.86

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLW
CLW
MAA
MAA
Q1 26
$36.5M
Q4 25
$30.7M
$60.3M
Q3 25
$34.4M
$32.2M
Q2 25
$46.7M
$54.5M
Q1 25
$44.0M
$55.8M
Q4 24
$79.6M
$43.0M
Q3 24
$35.5M
$50.2M
Q2 24
$39.6M
$62.8M
Total Debt
CLW
CLW
MAA
MAA
Q1 26
$361.1M
Q4 25
$346.8M
Q3 25
$337.0M
Q2 25
$330.1M
Q1 25
Q4 24
$283.4M
Q3 24
$1.2B
Q2 24
$1.1B
Stockholders' Equity
CLW
CLW
MAA
MAA
Q1 26
$813.8M
Q4 25
$825.3M
$5.7B
Q3 25
$783.0M
$5.8B
Q2 25
$836.8M
$5.9B
Q1 25
$836.6M
$5.9B
Q4 24
$854.6M
$5.9B
Q3 24
$664.6M
$5.9B
Q2 24
$658.6M
$6.0B
Total Assets
CLW
CLW
MAA
MAA
Q1 26
$1.6B
Q4 25
$1.6B
$12.0B
Q3 25
$1.6B
$11.9B
Q2 25
$1.6B
$11.8B
Q1 25
$1.6B
$11.8B
Q4 24
$1.7B
$11.8B
Q3 24
$2.5B
$11.8B
Q2 24
$2.5B
$11.6B
Debt / Equity
CLW
CLW
MAA
MAA
Q1 26
0.44×
Q4 25
0.42×
Q3 25
0.43×
Q2 25
0.39×
Q1 25
Q4 24
0.33×
Q3 24
1.73×
Q2 24
1.74×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLW
CLW

Segment breakdown not available.

MAA
MAA

Same Store Communities$517.0M93%
Non-Same Store Communities$22.1M4%
Lease-up/Development Communities$7.7M1%
Commercial Property/Land$7.0M1%

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