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Side-by-side financial comparison of Clearwater Paper Corp (CLW) and MOVADO GROUP INC (MOV). Click either name above to swap in a different company.
Clearwater Paper Corp is the larger business by last-quarter revenue ($360.3M vs $186.1M, roughly 1.9× MOVADO GROUP INC). MOVADO GROUP INC runs the higher net margin — 5.1% vs -3.6%, a 8.7% gap on every dollar of revenue. On growth, MOVADO GROUP INC posted the faster year-over-year revenue change (1.9% vs -4.7%). Over the past eight quarters, MOVADO GROUP INC's revenue compounded faster (2.9% 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.
Movado is a luxury American watch brand originally founded in 1881 in Switzerland. Movado means "movement" in Esperanto. The watches are known for their signature metallic dot at 12 o'clock and minimalist style; the company is best known for its Museum Watch.
CLW vs MOV — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $360.3M | $186.1M |
| Net Profit | $-12.8M | $9.6M |
| Gross Margin | -0.2% | 54.3% |
| Operating Margin | — | 6.3% |
| Net Margin | -3.6% | 5.1% |
| Revenue YoY | -4.7% | 1.9% |
| Net Profit YoY | -103.2% | 89.8% |
| EPS (diluted) | — | $0.42 |
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 | $186.1M | ||
| Q3 25 | $399.0M | $161.8M | ||
| Q2 25 | $391.8M | $131.8M | ||
| Q1 25 | $378.2M | $181.5M | ||
| Q4 24 | $387.1M | $180.5M | ||
| Q3 24 | $393.3M | $157.0M | ||
| Q2 24 | $344.4M | $134.4M |
| Q1 26 | $-12.8M | — | ||
| Q4 25 | $38.3M | $9.6M | ||
| Q3 25 | $-53.3M | $3.0M | ||
| Q2 25 | $2.7M | $1.4M | ||
| Q1 25 | $-6.3M | $8.1M | ||
| Q4 24 | $199.1M | $4.8M | ||
| Q3 24 | $5.8M | $3.5M | ||
| Q2 24 | $-25.8M | $2.0M |
| Q1 26 | -0.2% | — | ||
| Q4 25 | 4.5% | 54.3% | ||
| Q3 25 | 4.7% | 54.1% | ||
| Q2 25 | 11.0% | 54.1% | ||
| Q1 25 | 9.7% | 54.2% | ||
| Q4 24 | 3.8% | 53.5% | ||
| Q3 24 | 7.7% | 54.3% | ||
| Q2 24 | -0.6% | 54.3% |
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | 6.3% | ||
| Q3 25 | -13.9% | 2.5% | ||
| Q2 25 | 2.5% | 0.2% | ||
| Q1 25 | -1.1% | 5.1% | ||
| Q4 24 | -4.0% | 3.3% | ||
| Q3 24 | -0.3% | 1.7% | ||
| Q2 24 | -13.6% | 1.6% |
| Q1 26 | -3.6% | — | ||
| Q4 25 | 9.9% | 5.1% | ||
| Q3 25 | -13.4% | 1.8% | ||
| Q2 25 | 0.7% | 1.1% | ||
| Q1 25 | -1.7% | 4.4% | ||
| Q4 24 | 51.4% | 2.7% | ||
| Q3 24 | 1.5% | 2.2% | ||
| Q2 24 | -7.5% | 1.5% |
| Q1 26 | — | — | ||
| Q4 25 | $2.36 | $0.42 | ||
| Q3 25 | $-3.30 | $0.13 | ||
| Q2 25 | $0.17 | $0.06 | ||
| Q1 25 | $-0.38 | $0.36 | ||
| Q4 24 | $11.87 | $0.21 | ||
| Q3 24 | $0.35 | $0.15 | ||
| Q2 24 | $-1.55 | $0.09 |
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 | $183.9M |
| Total DebtLower is stronger | $361.1M | — |
| Stockholders' EquityBook value | $813.8M | $497.5M |
| Total Assets | $1.6B | $751.9M |
| Debt / EquityLower = less leverage | 0.44× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $36.5M | — | ||
| Q4 25 | $30.7M | $183.9M | ||
| Q3 25 | $34.4M | $180.5M | ||
| Q2 25 | $46.7M | $203.1M | ||
| Q1 25 | $44.0M | $208.5M | ||
| Q4 24 | $79.6M | $181.5M | ||
| Q3 24 | $35.5M | $198.3M | ||
| Q2 24 | $39.6M | $225.4M |
| 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 | — |
| Q1 26 | $813.8M | — | ||
| Q4 25 | $825.3M | $497.5M | ||
| Q3 25 | $783.0M | $489.9M | ||
| Q2 25 | $836.8M | $493.2M | ||
| Q1 25 | $836.6M | $481.3M | ||
| Q4 24 | $854.6M | $491.3M | ||
| Q3 24 | $664.6M | $492.0M | ||
| Q2 24 | $658.6M | $489.6M |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $751.9M | ||
| Q3 25 | $1.6B | $748.7M | ||
| Q2 25 | $1.6B | $747.2M | ||
| Q1 25 | $1.6B | $729.2M | ||
| Q4 24 | $1.7B | $747.2M | ||
| Q3 24 | $2.5B | $742.5M | ||
| Q2 24 | $2.5B | $736.0M |
| 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× | — |
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 | — | $12.3M |
| Free Cash FlowOCF − Capex | — | $11.6M |
| FCF MarginFCF / Revenue | — | 6.2% |
| Capex IntensityCapex / Revenue | — | 0.4% |
| Cash ConversionOCF / Net Profit | — | 1.28× |
| TTM Free Cash FlowTrailing 4 quarters | — | $35.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $5.0M | $12.3M | ||
| Q3 25 | $34.0M | $-3.8M | ||
| Q2 25 | $-28.2M | $-7.2M | ||
| Q1 25 | $1.5M | $39.1M | ||
| Q4 24 | $-35.1M | $-4.7M | ||
| Q3 24 | $16.2M | $-17.8M | ||
| Q2 24 | $21.1M | $-18.1M |
| Q1 26 | — | — | ||
| Q4 25 | $-9.9M | $11.6M | ||
| Q3 25 | $15.7M | $-5.1M | ||
| Q2 25 | $-51.1M | $-8.7M | ||
| Q1 25 | $-31.2M | $37.5M | ||
| Q4 24 | $-68.1M | $-7.2M | ||
| Q3 24 | $-30.8M | $-20.1M | ||
| Q2 24 | $3.0M | $-19.7M |
| Q1 26 | — | — | ||
| Q4 25 | -2.6% | 6.2% | ||
| Q3 25 | 3.9% | -3.1% | ||
| Q2 25 | -13.0% | -6.6% | ||
| Q1 25 | -8.2% | 20.7% | ||
| Q4 24 | -17.6% | -4.0% | ||
| Q3 24 | -7.8% | -12.8% | ||
| Q2 24 | 0.9% | -14.7% |
| Q1 26 | — | — | ||
| Q4 25 | 3.9% | 0.4% | ||
| Q3 25 | 4.6% | 0.8% | ||
| Q2 25 | 5.8% | 1.2% | ||
| Q1 25 | 8.6% | 0.9% | ||
| Q4 24 | 8.5% | 1.4% | ||
| Q3 24 | 12.0% | 1.5% | ||
| Q2 24 | 5.3% | 1.2% |
| Q1 26 | — | — | ||
| Q4 25 | 0.13× | 1.28× | ||
| Q3 25 | — | -1.27× | ||
| Q2 25 | -10.44× | -5.08× | ||
| Q1 25 | — | 4.86× | ||
| Q4 24 | -0.18× | -0.98× | ||
| Q3 24 | 2.79× | -5.14× | ||
| Q2 24 | — | -8.97× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLW
Segment breakdown not available.
MOV
| Other | $81.4M | 44% |
| Owned Brands Category | $46.0M | 25% |
| Sales Channel Directly To Consumer | $35.3M | 19% |
| Company Stores | $23.4M | 13% |
