vs
Side-by-side financial comparison of Clearwater Paper Corp (CLW) and Wingstop Inc. (WING). Click either name above to swap in a different company.
Clearwater Paper Corp is the larger business by last-quarter revenue ($360.3M vs $183.7M, roughly 2.0× Wingstop Inc.). Wingstop Inc. runs the higher net margin — 16.3% vs -3.6%, a 19.8% gap on every dollar of revenue. On growth, Wingstop Inc. posted the faster year-over-year revenue change (7.4% vs -4.7%). Over the past eight quarters, Wingstop Inc.'s revenue compounded faster (8.6% 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.
Wingstop Inc. is an American international fast food chain that primarily sells buffalo wings. Wingstop locations are decorated with a 1930s and 1940s pre-jet aviation theme.
CLW vs WING — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $360.3M | $183.7M |
| Net Profit | $-12.8M | $29.9M |
| Gross Margin | -0.2% | 86.5% |
| Operating Margin | — | 27.4% |
| Net Margin | -3.6% | 16.3% |
| Revenue YoY | -4.7% | 7.4% |
| Net Profit YoY | -103.2% | — |
| EPS (diluted) | — | $1.08 |
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 | $183.7M | ||
| Q4 25 | $386.4M | $175.7M | ||
| Q3 25 | $399.0M | $175.7M | ||
| Q2 25 | $391.8M | $174.3M | ||
| Q1 25 | $378.2M | $171.1M | ||
| Q4 24 | $387.1M | $161.8M | ||
| Q3 24 | $393.3M | $162.5M | ||
| Q2 24 | $344.4M | $155.7M |
| Q1 26 | $-12.8M | $29.9M | ||
| Q4 25 | $38.3M | $26.8M | ||
| Q3 25 | $-53.3M | $28.5M | ||
| Q2 25 | $2.7M | $26.8M | ||
| Q1 25 | $-6.3M | $92.3M | ||
| Q4 24 | $199.1M | $26.8M | ||
| Q3 24 | $5.8M | $25.7M | ||
| Q2 24 | $-25.8M | $27.5M |
| Q1 26 | -0.2% | 86.5% | ||
| Q4 25 | 4.5% | — | ||
| Q3 25 | 4.7% | — | ||
| Q2 25 | 11.0% | — | ||
| Q1 25 | 9.7% | — | ||
| Q4 24 | 3.8% | 85.6% | ||
| Q3 24 | 7.7% | 85.0% | ||
| Q2 24 | -0.6% | 85.4% |
| Q1 26 | — | 27.4% | ||
| Q4 25 | 1.9% | 26.7% | ||
| Q3 25 | -13.9% | 27.9% | ||
| Q2 25 | 2.5% | 25.9% | ||
| Q1 25 | -1.1% | 22.4% | ||
| Q4 24 | -4.0% | 25.9% | ||
| Q3 24 | -0.3% | 24.5% | ||
| Q2 24 | -13.6% | 26.5% |
| Q1 26 | -3.6% | 16.3% | ||
| Q4 25 | 9.9% | 15.2% | ||
| Q3 25 | -13.4% | 16.2% | ||
| Q2 25 | 0.7% | 15.4% | ||
| Q1 25 | -1.7% | 53.9% | ||
| Q4 24 | 51.4% | 16.5% | ||
| Q3 24 | 1.5% | 15.8% | ||
| Q2 24 | -7.5% | 17.7% |
| Q1 26 | — | $1.08 | ||
| Q4 25 | $2.36 | $0.99 | ||
| Q3 25 | $-3.30 | $1.02 | ||
| Q2 25 | $0.17 | $0.96 | ||
| Q1 25 | $-0.38 | $3.24 | ||
| Q4 24 | $11.87 | $0.91 | ||
| Q3 24 | $0.35 | $0.88 | ||
| Q2 24 | $-1.55 | $0.93 |
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 | $128.8M |
| Total DebtLower is stronger | $361.1M | — |
| Stockholders' EquityBook value | $813.8M | — |
| Total Assets | $1.6B | $648.9M |
| Debt / EquityLower = less leverage | 0.44× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $36.5M | $128.8M | ||
| Q4 25 | $30.7M | $196.6M | ||
| Q3 25 | $34.4M | $237.6M | ||
| Q2 25 | $46.7M | $227.9M | ||
| Q1 25 | $44.0M | $251.4M | ||
| Q4 24 | $79.6M | $315.9M | ||
| Q3 24 | $35.5M | $84.0M | ||
| Q2 24 | $39.6M | $96.7M |
| Q1 26 | $361.1M | — | ||
| Q4 25 | $346.8M | $1.2B | ||
| Q3 25 | $337.0M | — | ||
| Q2 25 | $330.1M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $283.4M | $1.2B | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.1B | — |
| Q1 26 | $813.8M | — | ||
| Q4 25 | $825.3M | $-736.8M | ||
| Q3 25 | $783.0M | $-702.6M | ||
| Q2 25 | $836.8M | $-686.0M | ||
| Q1 25 | $836.6M | $-715.0M | ||
| Q4 24 | $854.6M | $-675.6M | ||
| Q3 24 | $664.6M | $-447.5M | ||
| Q2 24 | $658.6M | $-437.5M |
| Q1 26 | $1.6B | $648.9M | ||
| Q4 25 | $1.6B | $693.4M | ||
| Q3 25 | $1.6B | $721.0M | ||
| Q2 25 | $1.6B | $708.3M | ||
| Q1 25 | $1.6B | $696.8M | ||
| Q4 24 | $1.7B | $716.2M | ||
| Q3 24 | $2.5B | $484.8M | ||
| Q2 24 | $2.5B | $451.8M |
| 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
Segment breakdown not available.
WING
| Royalty revenue, franchise fees and other | $87.5M | 48% |
| Advertising fees | $63.3M | 34% |
| Company-owned restaurant sales | $33.0M | 18% |
