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Side-by-side financial comparison of Clearwater Paper Corp (CLW) and UNIFIRST CORP (UNF). Click either name above to swap in a different company.

UNIFIRST CORP is the larger business by last-quarter revenue ($621.3M vs $360.3M, roughly 1.7× Clearwater Paper Corp). UNIFIRST CORP runs the higher net margin — 5.5% vs -3.6%, a 9.1% gap on every dollar of revenue. On growth, UNIFIRST CORP posted the faster year-over-year revenue change (2.7% vs -4.7%). Over the past eight quarters, UNIFIRST CORP's revenue compounded faster (2.3% 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.

UniFirst Corporation is a uniform rental company based in Wilmington, Massachusetts, United States, that manufactures, sells, and rents uniforms and protective clothing. UniFirst employs more than 14,000 people and has over 260 facilities in the United States, Canada, and Europe, including customer service centers, nuclear decontamination facilities, cleanroom locations, distribution centers, and manufacturing plants.

CLW vs UNF — Head-to-Head

Bigger by revenue
UNF
UNF
1.7× larger
UNF
$621.3M
$360.3M
CLW
Growing faster (revenue YoY)
UNF
UNF
+7.4% gap
UNF
2.7%
-4.7%
CLW
Higher net margin
UNF
UNF
9.1% more per $
UNF
5.5%
-3.6%
CLW
Faster 2-yr revenue CAGR
UNF
UNF
Annualised
UNF
2.3%
2.3%
CLW

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CLW
CLW
UNF
UNF
Revenue
$360.3M
$621.3M
Net Profit
$-12.8M
$34.4M
Gross Margin
-0.2%
36.7%
Operating Margin
7.3%
Net Margin
-3.6%
5.5%
Revenue YoY
-4.7%
2.7%
Net Profit YoY
-103.2%
-20.3%
EPS (diluted)
$1.89

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
UNF
UNF
Q1 26
$360.3M
Q4 25
$386.4M
$621.3M
Q3 25
$399.0M
$614.4M
Q2 25
$391.8M
$610.8M
Q1 25
$378.2M
Q4 24
$387.1M
$604.9M
Q3 24
$393.3M
$639.9M
Q2 24
$344.4M
$603.3M
Net Profit
CLW
CLW
UNF
UNF
Q1 26
$-12.8M
Q4 25
$38.3M
$34.4M
Q3 25
$-53.3M
$41.0M
Q2 25
$2.7M
$39.7M
Q1 25
$-6.3M
Q4 24
$199.1M
$43.1M
Q3 24
$5.8M
$44.6M
Q2 24
$-25.8M
$38.1M
Gross Margin
CLW
CLW
UNF
UNF
Q1 26
-0.2%
Q4 25
4.5%
36.7%
Q3 25
4.7%
37.8%
Q2 25
11.0%
36.9%
Q1 25
9.7%
Q4 24
3.8%
37.0%
Q3 24
7.7%
36.1%
Q2 24
-0.6%
35.2%
Operating Margin
CLW
CLW
UNF
UNF
Q1 26
Q4 25
1.9%
7.3%
Q3 25
-13.9%
8.1%
Q2 25
2.5%
7.9%
Q1 25
-1.1%
Q4 24
-4.0%
9.2%
Q3 24
-0.3%
8.4%
Q2 24
-13.6%
8.0%
Net Margin
CLW
CLW
UNF
UNF
Q1 26
-3.6%
Q4 25
9.9%
5.5%
Q3 25
-13.4%
6.7%
Q2 25
0.7%
6.5%
Q1 25
-1.7%
Q4 24
51.4%
7.1%
Q3 24
1.5%
7.0%
Q2 24
-7.5%
6.3%
EPS (diluted)
CLW
CLW
UNF
UNF
Q1 26
Q4 25
$2.36
$1.89
Q3 25
$-3.30
$2.23
Q2 25
$0.17
$2.13
Q1 25
$-0.38
Q4 24
$11.87
$2.31
Q3 24
$0.35
$2.39
Q2 24
$-1.55
$2.03

Balance Sheet & Financial Strength

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

Metric
CLW
CLW
UNF
UNF
Cash + ST InvestmentsLiquidity on hand
$36.5M
$129.5M
Total DebtLower is stronger
$361.1M
Stockholders' EquityBook value
$813.8M
$2.2B
Total Assets
$1.6B
$2.8B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLW
CLW
UNF
UNF
Q1 26
$36.5M
Q4 25
$30.7M
$129.5M
Q3 25
$34.4M
$209.2M
Q2 25
$46.7M
$211.9M
Q1 25
$44.0M
Q4 24
$79.6M
$181.0M
Q3 24
$35.5M
$175.1M
Q2 24
$39.6M
$125.4M
Total Debt
CLW
CLW
UNF
UNF
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
UNF
UNF
Q1 26
$813.8M
Q4 25
$825.3M
$2.2B
Q3 25
$783.0M
$2.2B
Q2 25
$836.8M
$2.2B
Q1 25
$836.6M
Q4 24
$854.6M
$2.1B
Q3 24
$664.6M
$2.1B
Q2 24
$658.6M
$2.1B
Total Assets
CLW
CLW
UNF
UNF
Q1 26
$1.6B
Q4 25
$1.6B
$2.8B
Q3 25
$1.6B
$2.8B
Q2 25
$1.6B
$2.8B
Q1 25
$1.6B
Q4 24
$1.7B
$2.7B
Q3 24
$2.5B
$2.7B
Q2 24
$2.5B
$2.7B
Debt / Equity
CLW
CLW
UNF
UNF
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
CLW
CLW
UNF
UNF
Operating Cash FlowLast quarter
$14.9M
Free Cash FlowOCF − Capex
$-24.0M
FCF MarginFCF / Revenue
-3.9%
Capex IntensityCapex / Revenue
6.3%
Cash ConversionOCF / Net Profit
0.43×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLW
CLW
UNF
UNF
Q1 26
Q4 25
$5.0M
$14.9M
Q3 25
$34.0M
Q2 25
$-28.2M
$138.4M
Q1 25
$1.5M
Q4 24
$-35.1M
$58.1M
Q3 24
$16.2M
$102.3M
Q2 24
$21.1M
$86.3M
Free Cash Flow
CLW
CLW
UNF
UNF
Q1 26
Q4 25
$-9.9M
$-24.0M
Q3 25
$15.7M
Q2 25
$-51.1M
$62.1M
Q1 25
$-31.2M
Q4 24
$-68.1M
$24.6M
Q3 24
$-30.8M
$63.8M
Q2 24
$3.0M
$37.3M
FCF Margin
CLW
CLW
UNF
UNF
Q1 26
Q4 25
-2.6%
-3.9%
Q3 25
3.9%
Q2 25
-13.0%
10.2%
Q1 25
-8.2%
Q4 24
-17.6%
4.1%
Q3 24
-7.8%
10.0%
Q2 24
0.9%
6.2%
Capex Intensity
CLW
CLW
UNF
UNF
Q1 26
Q4 25
3.9%
6.3%
Q3 25
4.6%
Q2 25
5.8%
12.5%
Q1 25
8.6%
Q4 24
8.5%
5.5%
Q3 24
12.0%
6.0%
Q2 24
5.3%
8.1%
Cash Conversion
CLW
CLW
UNF
UNF
Q1 26
Q4 25
0.13×
0.43×
Q3 25
Q2 25
-10.44×
3.49×
Q1 25
Q4 24
-0.18×
1.35×
Q3 24
2.79×
2.29×
Q2 24
2.27×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CLW
CLW

Segment breakdown not available.

UNF
UNF

Uniforms And Facility Service Solutions$568.8M92%
First Aid And Safety Solutions$30.8M5%
Other$22.9M4%
Served As An Senior Officer$400.0K0%

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