vs

Side-by-side financial comparison of Clearwater Paper Corp (CLW) and MEDICAL PROPERTIES TRUST INC (MPW). Click either name above to swap in a different company.

Clearwater Paper Corp is the larger business by last-quarter revenue ($360.3M vs $270.3M, roughly 1.3× MEDICAL PROPERTIES TRUST INC). MEDICAL PROPERTIES TRUST INC runs the higher net margin — 6.5% vs -3.6%, a 10.1% gap on every dollar of revenue. On growth, MEDICAL PROPERTIES TRUST INC posted the faster year-over-year revenue change (16.6% vs -4.7%). Over the past eight quarters, Clearwater Paper Corp's revenue compounded faster (2.3% CAGR vs -0.2%).

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.

Medical Properties Trust, Inc. (MPT) is an international real estate investment trust (REIT) based in Birmingham, Alabama that purchases and invests in healthcare facilities and for-profit healthcare holding companies, primarily in the United States and Europe. Their property acquisitions often come in the form of sale-leaseback agreements, in which the original property owner sells the property to MPT and becomes their tenant. MPT's tenants are generally subject to long-term triple net lease...

CLW vs MPW — Head-to-Head

Bigger by revenue
CLW
CLW
1.3× larger
CLW
$360.3M
$270.3M
MPW
Growing faster (revenue YoY)
MPW
MPW
+21.3% gap
MPW
16.6%
-4.7%
CLW
Higher net margin
MPW
MPW
10.1% more per $
MPW
6.5%
-3.6%
CLW
Faster 2-yr revenue CAGR
CLW
CLW
Annualised
CLW
2.3%
-0.2%
MPW

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CLW
CLW
MPW
MPW
Revenue
$360.3M
$270.3M
Net Profit
$-12.8M
$17.6M
Gross Margin
-0.2%
95.8%
Operating Margin
9.7%
Net Margin
-3.6%
6.5%
Revenue YoY
-4.7%
16.6%
Net Profit YoY
-103.2%
104.3%
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
MPW
MPW
Q1 26
$360.3M
Q4 25
$386.4M
$270.3M
Q3 25
$399.0M
$237.5M
Q2 25
$391.8M
$240.4M
Q1 25
$378.2M
$223.8M
Q4 24
$387.1M
$231.8M
Q3 24
$393.3M
$225.8M
Q2 24
$344.4M
$266.6M
Net Profit
CLW
CLW
MPW
MPW
Q1 26
$-12.8M
Q4 25
$38.3M
$17.6M
Q3 25
$-53.3M
$-77.7M
Q2 25
$2.7M
$-98.4M
Q1 25
$-6.3M
$-118.3M
Q4 24
$199.1M
$-412.3M
Q3 24
$5.8M
$-801.2M
Q2 24
$-25.8M
$-320.6M
Gross Margin
CLW
CLW
MPW
MPW
Q1 26
-0.2%
Q4 25
4.5%
95.8%
Q3 25
4.7%
Q2 25
11.0%
91.8%
Q1 25
9.7%
63.6%
Q4 24
3.8%
90.9%
Q3 24
7.7%
96.5%
Q2 24
-0.6%
98.4%
Operating Margin
CLW
CLW
MPW
MPW
Q1 26
Q4 25
1.9%
9.7%
Q3 25
-13.9%
-28.0%
Q2 25
2.5%
-36.7%
Q1 25
-1.1%
-48.5%
Q4 24
-4.0%
-173.7%
Q3 24
-0.3%
-350.7%
Q2 24
-13.6%
-114.5%
Net Margin
CLW
CLW
MPW
MPW
Q1 26
-3.6%
Q4 25
9.9%
6.5%
Q3 25
-13.4%
-32.7%
Q2 25
0.7%
-40.9%
Q1 25
-1.7%
-52.8%
Q4 24
51.4%
-177.8%
Q3 24
1.5%
-354.8%
Q2 24
-7.5%
-120.3%
EPS (diluted)
CLW
CLW
MPW
MPW
Q1 26
Q4 25
$2.36
$0.03
Q3 25
$-3.30
$-0.13
Q2 25
$0.17
$-0.16
Q1 25
$-0.38
$-0.20
Q4 24
$11.87
$-0.68
Q3 24
$0.35
$-1.34
Q2 24
$-1.55
$-0.54

Balance Sheet & Financial Strength

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

Metric
CLW
CLW
MPW
MPW
Cash + ST InvestmentsLiquidity on hand
$36.5M
$540.9M
Total DebtLower is stronger
$361.1M
$9.7B
Stockholders' EquityBook value
$813.8M
$4.6B
Total Assets
$1.6B
$15.0B
Debt / EquityLower = less leverage
0.44×
2.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLW
CLW
MPW
MPW
Q1 26
$36.5M
Q4 25
$30.7M
$540.9M
Q3 25
$34.4M
$396.6M
Q2 25
$46.7M
$509.8M
Q1 25
$44.0M
$673.5M
Q4 24
$79.6M
$332.3M
Q3 24
$35.5M
$275.6M
Q2 24
$39.6M
$606.5M
Total Debt
CLW
CLW
MPW
MPW
Q1 26
$361.1M
Q4 25
$346.8M
$9.7B
Q3 25
$337.0M
$9.6B
Q2 25
$330.1M
$9.6B
Q1 25
$9.5B
Q4 24
$283.4M
$8.8B
Q3 24
$1.2B
$9.2B
Q2 24
$1.1B
$9.4B
Stockholders' Equity
CLW
CLW
MPW
MPW
Q1 26
$813.8M
Q4 25
$825.3M
$4.6B
Q3 25
$783.0M
$4.7B
Q2 25
$836.8M
$4.8B
Q1 25
$836.6M
$4.8B
Q4 24
$854.6M
$4.8B
Q3 24
$664.6M
$5.4B
Q2 24
$658.6M
$6.2B
Total Assets
CLW
CLW
MPW
MPW
Q1 26
$1.6B
Q4 25
$1.6B
$15.0B
Q3 25
$1.6B
$14.9B
Q2 25
$1.6B
$15.2B
Q1 25
$1.6B
$14.9B
Q4 24
$1.7B
$14.3B
Q3 24
$2.5B
$15.2B
Q2 24
$2.5B
$16.2B
Debt / Equity
CLW
CLW
MPW
MPW
Q1 26
0.44×
Q4 25
0.42×
2.11×
Q3 25
0.43×
2.06×
Q2 25
0.39×
2.00×
Q1 25
1.99×
Q4 24
0.33×
1.83×
Q3 24
1.73×
1.69×
Q2 24
1.74×
1.51×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CLW
CLW
MPW
MPW
Operating Cash FlowLast quarter
$230.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
13.11×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLW
CLW
MPW
MPW
Q1 26
Q4 25
$5.0M
$230.8M
Q3 25
$34.0M
$18.6M
Q2 25
$-28.2M
$51.7M
Q1 25
$1.5M
$384.0K
Q4 24
$-35.1M
$245.5M
Q3 24
$16.2M
$59.2M
Q2 24
$21.1M
$35.3M
Free Cash Flow
CLW
CLW
MPW
MPW
Q1 26
Q4 25
$-9.9M
Q3 25
$15.7M
Q2 25
$-51.1M
Q1 25
$-31.2M
Q4 24
$-68.1M
Q3 24
$-30.8M
Q2 24
$3.0M
FCF Margin
CLW
CLW
MPW
MPW
Q1 26
Q4 25
-2.6%
Q3 25
3.9%
Q2 25
-13.0%
Q1 25
-8.2%
Q4 24
-17.6%
Q3 24
-7.8%
Q2 24
0.9%
Capex Intensity
CLW
CLW
MPW
MPW
Q1 26
Q4 25
3.9%
Q3 25
4.6%
Q2 25
5.8%
Q1 25
8.6%
Q4 24
8.5%
Q3 24
12.0%
Q2 24
5.3%
Cash Conversion
CLW
CLW
MPW
MPW
Q1 26
Q4 25
0.13×
13.11×
Q3 25
Q2 25
-10.44×
Q1 25
Q4 24
-0.18×
Q3 24
2.79×
Q2 24

Financial Flow Comparison

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

Related Comparisons