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Clarus (CLAR) Financials

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$3.33 +0.06 (+1.83%)
Closing price 07/28/2026 04:00 PM Eastern
Extended Trading
$3.33 0.00 (0.00%)
As of 07/28/2026 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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Annual Income Statements for Clarus

Annual Income Statements for Clarus

This table shows Clarus' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -78 -8.98 -0.67 7.30 19 5.55 26 -70 -10 -52 -47
Consolidated Net Income / (Loss)		 -78 -8.98 -0.67 7.30 19 5.55 26 -70 -10 -52 -47
Net Income / (Loss) Continuing Operations		 -88 -8.98 -0.67 7.30 19 5.55 2.12 -93 -16 -88 -47
Total Pre-Tax Income 		-40 -8.31 -5.76 6.47 9.98 3.59 -17 -108 -20 -71 -57
Total Operating Income		 -38 -5.97 -4.82 8.17 11 3.93 -13 -106 -21 -70 -60
Total Gross Profit		 54 44 54 74 80 78 88 110 98 93 83
Total Revenue		 155 148 171 212 229 224 266 315 286 264 250
Operating Revenue		 155 148 171 212 229 224 266 315 286 264 250
Total Cost of Revenue		 101 105 117 138 149 146 178 205 189 172 167
Operating Cost of Revenue		 101 105 117 138 149 146 178 205 189 172 167
Total Operating Expenses		 92 50 59 66 69 74 101 216 119 163 143
Selling, General & Admin Expense		 58 50 56 65 69 71 91 121 115 112 105
Other Operating Expenses / (Income)		 0.95 0.29 2.09 0.50 0.17 2.43 9.92 3.31 0.79 4.29 5.08
Impairment Charge		 30 - - - - 0.00 0.00 92 0.00 45 31
Restructuring Charge		 3.38 1.40 0.24 0.14 0.01 - 0.00 0.00 3.22 1.95 0.97
Total Other Income / (Expense), net		 -2.33 -2.34 -0.95 -1.70 -1.45 -0.35 -4.41 -1.04 1.03 -0.21 2.59
Interest & Investment Income		 -2.77 -2.88 -1.29 -1.34 -1.36 -1.26 -0.02 0.00 0.07 1.47 0.62
Other Income / (Expense), net		 0.43 0.53 0.34 -0.36 -0.09 0.91 -4.39 -1.04 0.96 -1.67 1.97
Income Tax Expense		 48 0.67 -5.09 -0.83 -8.99 -1.96 -19 -15 -4.29 18 -11
Net Income / (Loss) Discontinued Operations		 11 - - - - - 24 23 5.64 36 0.00
Basic Earnings per Share		 ($2.38) ($0.30) ($0.02) $0.24 $0.64 $0.18 $0.79 ($1.88) ($0.27) ($1.37) ($1.21)
Weighted Average Basic Shares Outstanding		 32.60M 30.40M 30.02M 29.92M 29.82M 30.18M 33.14M 37.20M 37.49M 38.31M 38.39M
Diluted Earnings per Share		 ($2.38) ($0.30) ($0.02) $0.24 $0.61 $0.18 $0.73 ($1.88) ($0.27) ($1.37) ($1.21)
Weighted Average Diluted Shares Outstanding		 32.60M 30.40M 30.02M 30.26M 30.99M 31.23M 35.69M 37.20M 37.49M 38.31M 38.39M
Weighted Average Basic & Diluted Shares Outstanding		 32.60M 29.90M 33.70M 29.75M 29.76M 31.30M 37.20M 37.07M 38.24M 38.36M 38.40M
Cash Dividends to Common per Share		 - - - $0.05 $0.10 $0.05 $0.10 $0.10 $0.10 $0.10 $0.10

Quarterly Income Statements for Clarus

This table shows Clarus' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 -1.26 -8.39 22 -5.49 -3.16 -66 -5.24 -8.43 -1.62 -31 -3.30
Consolidated Net Income / (Loss)		 -1.26 -8.39 22 -5.49 -3.16 -66 -5.24 -8.43 -1.62 -31 -3.30
Net Income / (Loss) Continuing Operations		 -2.21 -7.23 -6.46 0.00 0.00 -73 -5.24 0.00 0.00 -41 -3.30
Total Pre-Tax Income 		-3.60 -8.93 -7.31 -7.27 -3.82 -52 -6.05 -9.27 -3.86 -38 -3.07
Total Operating Income		 -3.18 -10 -6.77 -8.14 -5.36 -50 -6.76 -11 -3.03 -39 -6.07
Total Gross Profit		 27 22 25 20 23 24 21 20 24 18 23
Total Revenue		 81 77 69 56 67 71 60 55 69 65 62
Operating Revenue		 81 77 69 56 67 71 60 55 69 65 62
Total Cost of Revenue		 54 54 44 36 44 48 40 36 45 47 39
Operating Cost of Revenue		 54 54 44 36 44 48 40 36 45 47 39
Total Operating Expenses		 30 32 32 29 29 74 28 31 27 57 29
Selling, General & Admin Expense		 28 30 28 28 28 28 27 27 26 25 27
Other Operating Expenses / (Income)		 0.98 0.84 3.04 0.30 0.50 0.46 0.77 1.95 1.08 1.29 1.40
Restructuring Charge		 1.08 1.41 0.37 0.16 0.48 0.94 0.17 0.16 0.16 0.48 0.85
Total Other Income / (Expense), net		 -0.43 1.14 -0.54 0.87 1.54 -2.07 0.72 1.64 -0.84 1.08 3.00
Interest & Investment Income		 0.02 0.04 0.37 0.46 0.37 0.27 0.26 0.15 0.11 0.10 0.09
Other Income / (Expense), net		 -0.45 1.10 -0.91 0.41 1.16 -2.34 0.46 1.48 -0.94 0.97 2.91
Income Tax Expense		 -1.40 -1.70 -0.85 -1.78 -0.66 21 -0.80 -0.83 -2.24 -6.66 0.22
Basic Earnings per Share		 ($0.03) ($0.22) $0.57 ($0.14) ($0.08) ($1.72) ($0.14) ($0.22) ($0.04) ($0.81) ($0.09)
Weighted Average Basic Shares Outstanding		 37.47M 37.49M 38.21M 38.30M 38.35M 38.31M 38.37M 38.40M 38.40M 38.39M 38.41M
Diluted Earnings per Share		 ($0.03) ($0.22) $0.57 ($0.14) ($0.08) ($1.72) ($0.14) ($0.22) ($0.04) ($0.81) ($0.09)
Weighted Average Diluted Shares Outstanding		 37.47M 37.49M 38.21M 38.30M 38.35M 38.31M 38.37M 38.40M 38.40M 38.39M 38.41M
Weighted Average Basic & Diluted Shares Outstanding		 38.15M 38.24M 38.30M 38.36M 38.36M 38.36M 38.40M 38.40M 38.40M 38.40M 38.44M
Cash Dividends to Common per Share		 $0.03 - $0.03 $0.03 $0.03 - $0.03 $0.03 $0.03 - $0.03

Annual Cash Flow Statements for Clarus

This table details how cash moves in and out of Clarus' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 57 6.34 -93 0.63 -0.78 16 1.68 -7.40 -0.74 34 -7.16
Net Cash From Operating Activities		 3.67 4.81 -8.92 11 9.52 29 -0.30 15 32 -7.30 -4.75
Net Cash From Continuing Operating Activities		 3.67 4.81 -8.92 11 9.52 29 -0.30 15 32 -7.30 -4.75
Net Income / (Loss) Continuing Operations		 -78 -8.98 -0.67 7.30 19 5.55 26 -70 -10 -52 -47
Consolidated Net Income / (Loss)		 -78 -8.98 -0.67 7.30 19 5.55 26 -70 -10 -52 -47
Depreciation Expense		 3.46 2.26 2.88 4.42 4.55 4.80 5.99 7.63 7.60 4.03 3.64
Amortization Expense		 2.11 1.08 2.40 4.31 3.84 4.38 10 16 14 11 8.74
Non-Cash Adjustments To Reconcile Net Income		 23 2.09 1.92 2.87 3.74 7.79 10 107 7.52 13 41
Changes in Operating Assets and Liabilities, net		 53 8.36 -15 -7.51 -22 6.87 -53 -47 13 17 -12
Net Cash From Investing Activities		 58 6.77 -82 -4.08 -4.10 -36 -178 -7.75 -11 165 2.77
Net Cash From Continuing Investing Activities		 58 6.77 -82 -4.08 -4.10 -36 -178 -7.75 -11 165 2.77
Purchase of Property, Plant & Equipment		 -2.80 -2.57 -2.85 -3.37 -4.12 -5.41 -17 -8.25 -5.72 -6.74 -5.16
Acquisitions		 - - -79 -0.72 0.00 -30 -161 0.00 -5.90 -4.09 0.00
Sale of Property, Plant & Equipment		 0.34 0.02 0.05 0.01 0.02 0.33 0.23 0.50 0.20 0.32 0.12
Divestitures		 - - - - - - - 0.00 0.00 176 7.81
Net Cash From Financing Activities		 -4.50 -5.22 -2.06 -6.56 -6.29 22 181 -14 -20 -123 -5.88
Net Cash From Continuing Financing Activities		 -4.50 -5.22 -2.06 -6.56 -6.29 22 181 -14 -20 -123 -5.88
Repayment of Debt		 -0.02 - -58 -153 -132 -58 -128 -224 -71 -151 -2.00
Repurchase of Common Equity		 -6.99 -5.22 -0.02 -5.69 -4.17 -1.85 -1.68 -8.27 -0.22 -0.19 -0.04
Payment of Dividends		 - - - -1.49 -2.99 -1.52 -3.34 -3.72 -3.75 -3.83 -3.84
Issuance of Debt		 2.25 - 56 154 132 70 231 221 51 31 0.00
Other Financing Activities, net		 0.26 - 0.18 0.47 1.00 2.15 1.81 1.78 3.44 0.57 0.00
Effect of Exchange Rate Changes		 -0.21 -0.02 0.13 -0.13 0.08 0.02 -0.56 -0.41 -0.99 -0.59 0.69
Cash Interest Paid		 1.34 1.24 0.60 0.95 1.09 0.97 2.25 6.59 10 1.96 0.02
Cash Income Taxes Paid		 -7.61 -0.43 0.93 0.42 0.21 0.43 1.98 8.64 -0.76 2.46 0.94

Quarterly Cash Flow Statements for Clarus

This table details how cash moves in and out of Clarus' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 -3.29 3.30 36 -1.26 -9.82 8.96 -4.04 -12 0.08 8.69 -6.47
Net Cash From Operating Activities		 0.14 14 -16 0.83 -8.34 17 -2.07 -9.42 -5.74 12 -4.13
Net Cash From Continuing Operating Activities		 0.14 14 -16 0.83 -8.34 17 -2.07 -9.42 -5.74 12 -4.13
Net Income / (Loss) Continuing Operations		 -1.26 -8.39 22 -5.49 -3.16 -66 -5.24 -8.43 -1.62 -31 -3.30
Consolidated Net Income / (Loss)		 -1.26 -8.39 22 -5.49 -3.16 -66 -5.24 -8.43 -1.62 -31 -3.30
Depreciation Expense		 1.94 1.93 1.03 1.05 0.98 0.98 0.88 0.88 0.89 0.99 0.99
Amortization Expense		 3.29 3.42 3.66 2.45 2.42 2.47 2.22 2.21 2.15 2.15 1.94
Non-Cash Adjustments To Reconcile Net Income		 1.98 2.80 -39 2.09 2.29 48 2.75 4.07 2.55 32 2.01
Changes in Operating Assets and Liabilities, net		 -5.81 15 -4.24 0.74 -11 31 -2.69 -8.15 -9.71 8.52 -5.77
Net Cash From Investing Activities		 -1.47 -6.87 174 -1.45 -1.02 -5.98 -1.18 -1.81 6.61 -0.85 -1.53
Net Cash From Continuing Investing Activities		 -1.47 -6.87 174 -1.45 -1.02 -5.98 -1.18 -1.81 6.61 -0.85 -1.53
Purchase of Property, Plant & Equipment		 -1.24 -1.22 -1.90 -1.58 -1.05 -2.21 -1.18 -1.86 -1.22 -0.90 -1.56
Sale of Property, Plant & Equipment		 0.03 0.00 0.08 0.13 0.03 0.07 0.00 0.05 0.02 0.05 0.03
Net Cash From Financing Activities		 -2.23 -4.06 -121 -0.75 -0.68 -0.96 -1.00 -0.96 -0.96 -2.96 -0.99
Net Cash From Continuing Financing Activities		 -2.23 -4.06 -121 -0.75 -0.68 -0.96 -1.00 -0.96 -0.96 -2.96 -0.99
Repurchase of Common Equity		 - - -0.19 - - - -0.04 - - - -0.03
Payment of Dividends		 -0.94 -0.95 -0.96 -0.96 -0.96 -0.96 -0.96 -0.96 -0.96 -0.96 -0.96
Effect of Exchange Rate Changes		 0.26 -0.27 -0.24 0.10 0.22 -0.67 0.21 0.31 0.16 0.01 0.19
Cash Interest Paid		 2.61 2.66 1.94 0.00 - 0.01 0.01 0.01 0.00 - 0.00
Cash Income Taxes Paid		 0.82 -2.59 0.17 1.72 0.40 0.18 0.45 0.41 0.01 0.07 0.18

Annual Balance Sheets for Clarus

This table presents Clarus' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 227 210 207 213 230 281 632 518 495 294 249
Total Current Assets		 181 167 99 109 121 142 227 239 300 178 171
Cash & Equivalents		 88 95 1.86 2.49 1.70 18 19 12 11 45 37
Accounts Receivable		 27 23 36 36 42 50 66 48 54 44 45
Inventories, net		 51 45 58 65 73 68 129 108 91 82 83
Prepaid Expenses		 3.34 3.48 3.63 5.12 3.79 5.39 12 6.30 4.87 5.56 5.46
Current Deferred & Refundable Income Taxes		 0.75 0.09 - 0.02 0.32 0.12 0.12 3.03 0.89 0.91 1.41
Plant, Property, & Equipment, net		 11 11 24 23 23 27 43 17 17 18 18
Total Noncurrent Assets		 35 32 84 81 86 112 362 262 179 99 59
Intangible Assets		 34 32 65 61 57 67 202 107 100 78 43
Noncurrent Deferred & Refundable Income Taxes		 - - - - 7.90 11 22 18 23 0.04 0.06
Other Noncurrent Operating Assets		 1.84 0.15 0.83 2.03 3.03 6.85 20 17 17 17 16
Total Liabilities & Shareholders' Equity		 227 210 207 213 230 281 632 518 495 294 249
Total Liabilities		 52 50 44 47 49 76 262 226 203 61 53
Total Current Liabilities		 21 41 20 22 25 40 73 65 171 36 40
Accounts Payable		 21 18 19 21 24 21 31 25 20 12 16
Accrued Expenses		 - - - - - 13 27 21 25 22 24
Current Deferred & Payable Income Tax Liabilities		 - 0.97 0.33 0.21 0.26 0.96 4.44 0.42 0.81 0.00 0.18
Total Noncurrent Liabilities		 31 9.04 25 25 25 36 189 161 32 25 12
Noncurrent Deferred & Payable Income Tax Liabilities		 8.97 8.97 3.67 2.92 1.22 1.23 35 19 18 12 1.42
Other Noncurrent Operating Liabilities		 1.81 0.08 0.18 0.16 0.62 4.63 21 16 14 13 11
Total Equity & Noncontrolling Interests		 174 161 163 166 181 205 370 292 292 233 196
Total Preferred & Common Equity		 174 161 163 166 181 205 370 292 292 233 196
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 174 161 163 166 181 205 370 292 292 233 196
Common Stock		 484 484 485 488 492 514 663 679 691 698 703
Retained Earnings		 -301 -310 -310 -305 -289 -286 -263 -337 -351 -407 -457
Treasury Stock		 -7.32 -12 -12 -18 -22 -24 -24 -33 -33 -33 -33
Accumulated Other Comprehensive Income / (Loss)		 -1.21 -1.01 0.50 0.48 -0.30 0.50 -5.05 -18 -15 -25 -17

Quarterly Balance Sheets for Clarus

This table presents Clarus' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 497 377 369 375 293 287 283 243
Total Current Assets		 231 197 189 192 178 176 175 167
Cash & Equivalents		 8.02 47 46 36 41 28 30 30
Accounts Receivable		 73 52 44 54 43 38 52 48
Inventories, net		 140 89 91 93 87 92 87 82
Prepaid Expenses		 7.16 7.97 6.02 6.71 5.49 6.77 5.33 5.00
Current Deferred & Refundable Income Taxes		 2.44 0.93 1.37 0.98 1.29 1.86 1.70 1.51
Plant, Property, & Equipment, net		 41 16 17 17 18 18 19 19
Total Noncurrent Assets		 225 164 164 167 97 92 90 58
Intangible Assets		 125 94 93 93 77 73 71 42
Noncurrent Deferred & Refundable Income Taxes		 20 16 17 19 0.04 0.04 0.04 0.06
Other Noncurrent Operating Assets		 18 15 14 14 16 16 15 16
Total Liabilities & Shareholders' Equity		 497 377 369 375 293 287 283 243
Total Liabilities		 206 67 62 67 64 61 57 50
Total Current Liabilities		 64 36 33 36 40 39 38 38
Accounts Payable		 29 13 9.53 13 16 9.07 11 14
Accrued Expenses		 22 22 23 23 22 27 25 24
Current Deferred & Payable Income Tax Liabilities		 0.00 0.82 0.00 0.00 - - 0.05 0.33
Total Noncurrent Liabilities		 142 31 29 31 24 23 20 12
Noncurrent Deferred & Payable Income Tax Liabilities		 18 17 17 18 11 11 8.49 1.41
Other Noncurrent Operating Liabilities		 14 13 13 13 12 12 11 10
Total Equity & Noncontrolling Interests		 291 310 307 308 229 225 226 194
Total Preferred & Common Equity		 291 310 307 308 229 225 226 194
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 291 310 307 308 229 225 226 194
Common Stock		 689 692 694 696 699 701 702 705
Retained Earnings		 -341 -330 -336 -340 -413 -422 -425 -462
Treasury Stock		 -33 -33 -33 -33 -33 -33 -33 -33
Accumulated Other Comprehensive Income / (Loss)		 -23 -19 -18 -14 -24 -20 -18 -16

Annual Metrics And Ratios for Clarus

This table displays calculated financial ratios and metrics derived from Clarus' official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 32,787,671.00 30,015,938.00 30,041,265.00 29,850,189.00 29,759,620.00 31,063,094.00 36,987,552.00 37,036,468.00 38,149,409.00 - 38,401,824.00
DEI Adjusted Shares Outstanding		 32,787,671.00 30,015,938.00 30,041,265.00 29,850,189.00 29,759,620.00 31,063,094.00 36,987,552.00 37,036,468.00 38,149,409.00 - 38,401,824.00
DEI Earnings Per Adjusted Shares Outstanding		 -2.37 -0.30 -0.02 0.24 0.64 0.18 0.71 -1.88 -0.27 - -1.21
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -1.92% -4.56% 15.18% 24.29% 8.15% -2.37% 18.73% 18.53% -9.27% -7.59% -5.25%
EBITDA Growth		 -849.22% 93.46% 138.85% 1,929.94% 19.22% -28.88% -105.49% -10,775.58% 101.35% -5,137.54% 20.51%
EBIT Growth		 -246.24% 85.56% 17.75% 274.69% 45.15% -57.26% -452.74% -528.98% 81.26% -257.65% 19.91%
NOPAT Growth		 -281.23% 84.32% 19.35% 373.44% 135.78% -72.00% -246.11% -738.38% 80.18% -233.44% 15.20%
Net Income Growth		 -653.59% 88.42% 92.50% 1,184.84% 159.85% -70.77% 370.57% -367.43% 85.46% -415.35% 10.96%
EPS Growth		 -653.49% 87.40% 93.33% 1,300.00% 154.17% -70.49% 305.56% -357.53% 85.64% -407.41% 11.68%
Operating Cash Flow Growth		 112.80% 31.10% -285.45% 227.72% -16.42% 208.67% -101.03% 4,905.92% 118.51% -122.87% 34.99%
Free Cash Flow Firm Growth		 -22.54% -93.63% -2,422.22% 105.46% 2.20% -342.49% -2,021.81% 149.02% -102.35% 1,036.34% -139.31%
Invested Capital Growth		 -48.98% -8.69% 106.86% 2.14% 8.77% 9.53% 122.30% -42.99% -4.12% -29.52% -15.78%
Revenue Q/Q Growth		 5.93% -1.77% 7.07% 2.23% 1.65% 25.10% -26.85% -10.51% 58.16% -1.89% -2.34%
EBITDA Q/Q Growth		 -12,878.49% 93.42% 142.58% 22.13% 5.26% 23.01% -102.79% -557.93% 100.97% -389.86% 23.76%
EBIT Q/Q Growth		 -532.72% 84.65% 22.42% 66.35% 9.12% 46.98% -224.71% -1,844.97% 85.41% -152.25% 20.01%
NOPAT Q/Q Growth		 -535.32% 83.57% 18.47% -33.86% 76.63% -58.89% -130.49% -3,772.11% 84.87% -131.99% 15.70%
Net Income Q/Q Growth		 -36.27% 68.29% 91.67% -25.29% 87.23% -48.96% 36.50% -369.73% 87.83% -1,179.20% 42.39%
EPS Q/Q Growth		 -36.00% 65.91% 92.86% -25.00% 84.85% -48.57% 23.73% -384.85% 87.84% -1,153.85% 42.92%
Operating Cash Flow Q/Q Growth		 242.76% -65.57% 48.06% -25.39% 1.13% 17.87% 96.53% 1,639.52% -35.88% 22.13% -614.76%
Free Cash Flow Firm Q/Q Growth		 -34.36% -83.12% -0.19% -53.53% 32.38% -4.30% -39.87% 286.91% -119.75% -73.21% -148.92%
Invested Capital Q/Q Growth		 -30.39% -0.20% 0.43% 1.19% 5.36% 0.96% 9.76% -46.03% -33.71% -30.31% -19.46%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 34.94% 29.48% 31.53% 34.86% 34.99% 34.73% 33.04% 34.88% 34.09% 35.04% 33.13%
EBITDA Margin		 -20.66% -1.42% 0.48% 7.80% 8.60% 6.26% -0.29% -26.56% 0.40% -21.57% -18.10%
Operating Margin		 -24.53% -4.03% -2.82% 3.85% 4.98% 1.76% -4.78% -33.78% -7.38% -26.63% -23.83%
EBIT Margin		 -24.25% -3.67% -2.62% 3.68% 4.94% 2.16% -6.43% -34.11% -7.04% -27.26% -23.04%
Profit (Net Income) Margin		 -49.94% -6.06% -0.39% 3.44% 8.27% 2.48% 9.81% -22.13% -3.55% -19.78% -18.59%
Tax Burden Percent		 191.87% 108.00% 11.68% 112.79% 190.08% 154.67% -152.49% 64.90% 50.53% 74.08% 81.55%
Interest Burden Percent		 107.35% 152.90% 128.80% 82.86% 88.02% 73.98% 100.10% 100.00% 99.67% 97.96% 98.93%
Effective Tax Rate		 0.00% 0.00% 0.00% -12.79% -90.08% -54.67% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 -18.70% -4.53% -2.50% 5.01% 11.20% 2.87% -2.49% -19.29% -5.38% -21.48% -23.92%
ROIC Less NNEP Spread (ROIC-NNEP)		 50.80% 1.82% -12.52% -4.90% -2.38% 0.02% 47.88% -10.68% -32.15% -12.40% -11.99%
Return on Net Nonoperating Assets (RNNOA)		 -17.24% -0.82% 2.08% -0.58% -0.28% 0.00% 11.57% -1.78% 1.90% 1.57% 2.24%
Return on Equity (ROE)		 -35.93% -5.36% -0.42% 4.44% 10.92% 2.87% 9.08% -21.07% -3.47% -19.91% -21.68%
Cash Return on Invested Capital (CROIC)		 46.17% 4.55% -72.14% 2.89% 2.80% -6.22% -78.38% 35.48% -1.17% 13.15% -6.79%
Operating Return on Assets (OROA)		 -13.88% -2.49% -2.14% 3.71% 5.11% 1.90% -3.75% -18.70% -3.98% -18.25% -21.25%
Return on Assets (ROA)		 -28.60% -4.11% -0.32% 3.47% 8.56% 2.17% 5.72% -12.14% -2.00% -13.25% -17.14%
Return on Common Equity (ROCE)		 -35.93% -5.36% -0.42% 4.44% 10.92% 2.87% 9.08% -21.07% -3.47% -19.91% -21.68%
Return on Equity Simple (ROE_SIMPLE)		 -44.45% -5.58% -0.41% 4.39% 10.47% 2.71% 7.05% -23.89% 0.00% -22.43% 0.00%
Net Operating Profit after Tax (NOPAT)		 -27 -4.18 -3.37 9.22 22 6.08 -8.89 -75 -15 -49 -42
NOPAT Margin		 -17.17% -2.82% -1.97% 4.34% 9.47% 2.72% -3.34% -23.64% -5.17% -18.64% -16.68%
Net Nonoperating Expense Percent (NNEP)		 -69.49% -6.36% 10.02% 9.91% 13.58% 2.86% -50.37% -8.61% 26.77% -9.08% -11.92%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - -17.29% -3.59% -20.97% -21.27%
Cost of Revenue to Revenue		 65.06% 70.52% 68.47% 65.14% 65.01% 65.27% 66.96% 65.12% 65.91% 64.96% 66.87%
SG&A Expenses to Revenue		 37.68% 33.70% 32.98% 30.71% 29.93% 31.89% 34.09% 38.32% 40.07% 42.35% 42.00%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 59.46% 33.51% 34.35% 31.01% 30.01% 32.97% 37.81% 68.66% 41.47% 61.67% 56.96%
Earnings before Interest and Taxes (EBIT)		 -38 -5.44 -4.47 7.81 11 4.85 -17 -108 -20 -72 -58
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -32 -2.10 0.82 17 20 14 -0.77 -84 1.13 -57 -45
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.78 0.94 1.36 1.72 2.12 2.25 2.67 0.96 0.85 0.74 0.65
Price to Tangible Book Value (P/TBV)		 0.97 1.18 2.77 3.28 3.64 4.14 19.74 1.89 1.63 1.15 0.83
Price to Revenue (P/Rev)		 0.88 1.02 1.30 1.35 1.68 2.05 3.72 0.89 0.87 0.65 0.51
Price to Earnings (P/E)		 0.00 0.00 0.00 39.12 20.27 82.87 37.92 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.52% 0.77% 0.68% 0.37% 1.32% 1.53% 2.22% 3.01%
Earnings Yield		 0.00% 0.00% 0.00% 2.56% 4.93% 1.21% 2.64% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.60 0.89 1.32 1.64 2.01 2.15 2.26 1.45 1.33 0.68 0.57
Enterprise Value to Revenue (EV/Rev)		 0.38 0.53 1.41 1.44 1.77 2.13 4.18 1.29 1.25 0.49 0.36
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 295.49 18.45 20.56 33.96 0.00 0.00 315.47 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 39.07 35.76 98.30 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 33.12 18.66 78.29 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 15.87 16.26 0.00 26.79 42.59 16.21 0.00 27.94 11.19 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.88 18.66 0.00 57.38 74.60 0.00 0.00 2.98 0.00 4.30 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.12 0.14 0.13 0.13 0.13 0.17 0.38 0.48 0.41 0.01 0.00
Long-Term Debt to Equity		 0.12 0.00 0.13 0.13 0.13 0.15 0.36 0.44 0.00 0.00 0.00
Financial Leverage		 -0.34 -0.45 -0.17 0.12 0.12 0.10 0.24 0.17 -0.06 -0.13 -0.19
Leverage Ratio		 1.26 1.30 1.29 1.28 1.28 1.32 1.59 1.74 1.73 1.50 1.26
Compound Leverage Factor		 1.35 1.99 1.66 1.06 1.12 0.98 1.59 1.74 1.73 1.47 1.25
Debt to Total Capital		 10.35% 11.99% 11.34% 11.76% 11.12% 14.47% 27.66% 32.24% 29.08% 0.80% 0.00%
Short-Term Debt to Total Capital		 0.00% 11.99% 0.00% 0.02% 0.00% 1.67% 1.87% 2.76% 29.08% 0.80% 0.00%
Long-Term Debt to Total Capital		 10.35% 0.00% 11.34% 11.74% 11.12% 12.80% 25.79% 29.48% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 89.65% 88.01% 88.66% 88.24% 88.88% 85.53% 72.34% 67.76% 70.92% 99.20% 100.00%
Debt to EBITDA		 -0.63 -10.44 25.57 1.34 1.15 2.47 -183.81 -1.66 105.82 -0.03 0.00
Net Debt to EBITDA		 2.43 34.72 23.30 1.19 1.06 1.20 -158.53 -1.52 95.82 0.76 0.00
Long-Term Debt to EBITDA		 -0.63 0.00 25.57 1.34 1.15 2.18 -171.36 -1.52 0.00 0.00 0.00
Debt to NOPAT		 -0.76 -5.24 -6.18 2.40 1.04 5.69 -15.92 -1.86 -8.11 -0.04 0.00
Net Debt to NOPAT		 2.93 17.43 -5.63 2.13 0.96 2.77 -13.73 -1.70 -7.34 0.88 0.00
Long-Term Debt to NOPAT		 -0.76 0.00 -6.18 2.40 1.04 5.03 -14.84 -1.70 0.00 0.00 0.00
Altman Z-Score		 0.68 1.10 2.11 3.26 4.61 3.49 2.31 0.16 0.50 0.43 -0.25
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 8.42 4.11 5.03 4.99 4.92 3.59 3.11 3.69 1.75 4.93 4.23
Quick Ratio		 5.83 2.91 1.90 1.77 1.76 1.72 1.17 0.93 0.38 2.47 2.01
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 66 4.19 -97 5.32 5.44 -13 -280 137 -3.22 30 -12
Operating Cash Flow to CapEx		 148.60% 189.07% -319.26% 339.18% 232.47% 578.13% -1.77% 188.49% 578.54% -113.64% -94.13%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.57 0.68 0.82 1.01 1.03 0.88 0.58 0.55 0.56 0.67 0.92
Accounts Receivable Turnover		 5.69 5.93 5.78 5.91 5.92 4.86 4.56 5.52 5.60 5.41 5.66
Inventory Turnover		 1.87 2.16 2.26 2.25 2.16 2.06 1.80 1.73 1.89 1.98 2.03
Fixed Asset Turnover		 13.49 13.57 9.64 8.89 9.91 8.98 7.62 10.49 16.88 15.46 13.97
Accounts Payable Turnover		 4.38 5.33 6.28 6.75 6.51 6.39 6.72 7.30 8.42 10.77 12.06
Days Sales Outstanding (DSO)		 64.09 61.58 63.14 61.73 61.70 75.04 80.04 66.18 65.15 67.42 64.50
Days Inventory Outstanding (DIO)		 195.62 169.23 161.69 162.55 169.31 176.98 202.60 210.64 192.67 184.62 180.15
Days Payable Outstanding (DPO)		 83.32 68.43 58.08 54.08 56.03 57.15 54.28 50.01 43.35 33.89 30.27
Cash Conversion Cycle (CCC)		 176.40 162.38 166.74 170.20 174.98 194.86 228.36 226.81 214.46 218.14 214.38
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 96 88 182 186 202 221 492 281 269 190 160
Invested Capital Turnover		 1.09 1.61 1.26 1.15 1.18 1.06 0.75 0.82 1.04 1.15 1.43
Increase / (Decrease) in Invested Capital		 -92 -8.37 94 3.90 16 19 271 -212 -12 -79 -30
Enterprise Value (EV)		 58 78 241 305 406 476 1,111 408 357 130 91
Market Capitalization		 136 151 222 286 385 460 989 281 249 173 127
Book Value per Share		 $5.32 $5.36 $5.43 $5.57 $6.09 $6.59 $10.01 $7.89 $7.66 $6.08 $5.11
Tangible Book Value per Share		 $4.30 $4.28 $2.67 $2.91 $3.55 $3.57 $1.36 $4.03 $4.01 $3.94 $3.99
Total Capital		 195 183 184 188 204 239 512 431 412 235 196
Total Debt		 20 22 21 22 23 35 142 139 120 1.89 0.00
Total Long-Term Debt		 20 0.00 21 22 23 31 132 127 0.00 0.00 0.00
Net Debt		 -78 -73 19 20 21 17 122 127 108 -43 -37
Capital Expenditures (CapEx)		 2.47 2.54 2.79 3.36 4.10 5.08 17 7.75 5.52 6.42 5.04
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 61 53 78 84 95 89 144 174 237 98 94
Debt-free Net Working Capital (DFNWC)		 159 148 80 87 96 107 164 186 249 144 131
Net Working Capital (NWC)		 159 126 80 87 96 103 154 174 129 142 131
Net Nonoperating Expense (NNE)		 51 4.80 -2.70 1.92 2.76 0.54 -35 -4.76 -4.63 3.02 4.78
Net Nonoperating Obligations (NNO)		 -78 -73 19 20 21 17 122 -12 -23 -43 -37
Total Depreciation and Amortization (D&A)		 5.57 3.34 5.29 8.73 8.39 9.18 16 24 21 15 12
Debt-free, Cash-free Net Working Capital to Revenue		 39.23% 36.10% 45.58% 39.75% 41.23% 39.60% 54.17% 55.18% 82.96% 37.18% 37.63%
Debt-free Net Working Capital to Revenue		 102.49% 100.03% 46.67% 40.92% 41.98% 47.54% 61.49% 58.98% 86.92% 54.34% 52.28%
Net Working Capital to Revenue		 102.49% 85.25% 46.67% 40.90% 41.98% 45.76% 57.89% 55.20% 45.04% 53.63% 52.28%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($2.33) ($0.30) ($0.02) $0.24 $0.64 $0.18 $0.79 ($1.88) ($0.27) ($1.37) ($1.21)
Adjusted Weighted Average Basic Shares Outstanding		 32.60M 30.40M 30.02M 29.92M 29.82M 30.18M 33.14M 37.20M 37.49M 38.31M 38.39M
Adjusted Diluted Earnings per Share		 ($2.33) ($0.30) ($0.02) $0.24 $0.61 $0.18 $0.73 ($1.88) ($0.27) ($1.37) ($1.21)
Adjusted Weighted Average Diluted Shares Outstanding		 32.60M 30.40M 30.02M 30.26M 30.99M 31.23M 35.69M 37.20M 37.49M 38.31M 38.39M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 30.84M 30.02M 30.04M 29.75M 29.76M 31.30M 37.20M 37.07M 38.24M 38.36M 38.40M
Normalized Net Operating Profit after Tax (NOPAT)		 -3.64 -4.58 -3.20 5.82 8.01 2.75 -8.89 -9.92 -13 -17 -19
Normalized NOPAT Margin		 -2.34% -3.09% -1.88% 2.74% 3.49% 1.23% -3.34% -3.15% -4.38% -6.26% -7.62%
Pre Tax Income Margin		 -26.03% -5.61% -3.37% 3.05% 4.35% 1.60% -6.43% -34.11% -7.02% -26.70% -22.80%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 20.38% 15.74% 27.41% 12.78% -5.33% -36.96% -7.33% -8.25%
Augmented Payout Ratio		 -9.01% -58.16% -2.53% 98.27% 37.71% 60.69% 19.23% -17.18% -39.15% -7.68% -8.34%

Quarterly Metrics And Ratios for Clarus

This table displays calculated financial ratios and metrics derived from Clarus' official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 37,470,470.00 38,149,409.00 38,236,268.00 38,298,162.00 38,362,162.00 - 38,362,162.00 38,401,824.00 38,401,824.00 38,401,824.00 38,401,824.00
DEI Adjusted Shares Outstanding		 37,470,470.00 38,149,409.00 38,236,268.00 38,298,162.00 38,362,162.00 - 38,362,162.00 38,401,824.00 38,401,824.00 38,401,824.00 38,401,824.00
DEI Earnings Per Adjusted Shares Outstanding		 -0.03 -0.22 0.57 -0.14 -0.08 - -0.14 -0.22 -0.04 -0.81 -0.09
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -29.74% 366.81% -1.38% -2.51% -17.45% -6.66% -12.81% -2.19% 3.33% -8.39% 2.49%
EBITDA Growth		 -85.16% 97.02% -202.39% -2,172.06% -149.38% -1,254.74% -6.57% -49.70% -16.04% 28.82% 92.62%
EBIT Growth		 -174.12% 92.94% -224.18% -48.75% -15.86% -485.14% 17.96% -21.95% 5.36% 27.52% 49.87%
NOPAT Growth		 -135.21% 92.17% -176.94% -50.18% -68.76% -397.72% 0.18% -33.97% 43.52% 22.19% 10.26%
Net Income Growth		 -145.95% 89.72% 1,269.46% -162.70% -149.76% -681.03% -123.96% -53.54% 48.78% 52.29% 37.17%
EPS Growth		 -142.86% 89.86% 1,325.00% -133.33% -166.67% -681.82% -124.56% -57.14% 50.00% 52.91% 35.71%
Operating Cash Flow Growth		 101.24% -55.20% -611.44% -94.08% -5,975.35% 14.31% 87.33% -1,229.98% 31.24% -24.63% -99.37%
Free Cash Flow Firm Growth		 271.66% -96.30% 56.11% 40.44% 16.37% 884.09% -55.00% -54.58% -44.89% -94.08% -68.11%
Invested Capital Growth		 -21.93% -4.12% -37.33% -35.68% -32.97% -29.52% -27.79% -27.13% -27.12% -15.78% -13.72%
Revenue Q/Q Growth		 40.33% -5.90% -9.40% -18.51% 18.82% 6.39% -15.37% -8.58% 25.52% -5.67% -5.31%
EBITDA Q/Q Growth		 692.16% -323.82% 17.09% -40.95% 81.12% -6,040.48% 93.48% -98.00% 85.37% -3,666.41% 99.32%
EBIT Q/Q Growth		 30.28% -147.62% 14.29% -0.52% 45.69% -1,150.64% 87.98% -49.42% 57.86% -857.87% 91.69%
NOPAT Q/Q Growth		 41.40% -217.10% 32.72% -20.12% 34.15% -835.24% 86.51% -61.21% 72.24% -1,188.57% 84.44%
Net Income Q/Q Growth		 39.55% -563.69% 360.87% -125.10% 42.53% -1,975.42% 92.00% -60.83% 80.83% -1,833.27% 89.46%
EPS Q/Q Growth		 50.00% -633.33% 359.09% -124.56% 42.86% -2,050.00% 91.86% -57.14% 81.82% -1,925.00% 88.89%
Operating Cash Flow Q/Q Growth		 -98.99% 10,108.45% -212.87% 105.10% -1,100.36% 298.61% -112.51% -354.61% 39.12% 317.67% -133.10%
Free Cash Flow Firm Q/Q Growth		 12.82% -95.97% 3,270.19% -8.39% -6.52% -65.90% 54.11% -7.55% 13.44% -96.34% 730.23%
Invested Capital Q/Q Growth		 0.00% -33.71% -2.26% -0.73% 4.22% -30.31% 0.14% 0.18% 4.22% -19.46% 2.60%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 33.56% 28.94% 35.85% 36.13% 35.01% 33.42% 34.41% 35.62% 35.14% 27.73% 36.75%
EBITDA Margin		 1.99% -4.73% -4.33% -7.48% -1.19% -68.62% -5.29% -11.45% -1.34% -53.32% -0.38%
Operating Margin		 -3.91% -13.16% -9.77% -14.41% -7.98% -70.18% -11.19% -19.73% -4.36% -59.61% -9.80%
EBIT Margin		 -4.45% -11.72% -11.08% -13.67% -6.25% -73.46% -10.43% -17.05% -5.72% -58.12% -5.10%
Profit (Net Income) Margin		 -1.55% -10.97% 31.57% -9.72% -4.70% -91.76% -8.68% -15.27% -2.33% -47.79% -5.32%
Tax Burden Percent		 35.10% 93.95% -299.25% 75.58% 82.62% 125.56% 86.74% 91.03% 41.88% 82.45% 107.26%
Interest Burden Percent		 99.48% 99.61% 95.18% 94.11% 91.11% 99.49% 95.92% 98.38% 97.28% 99.73% 97.22%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 -1.07% -9.59% -5.71% -8.58% -4.44% -56.62% -8.84% -15.56% -3.33% -59.83% -9.77%
ROIC Less NNEP Spread (ROIC-NNEP)		 -0.36% -1.83% 61.44% -7.99% -2.92% 34.88% -7.66% -13.58% -4.90% -49.93% -12.52%
Return on Net Nonoperating Assets (RNNOA)		 -0.15% 0.11% 8.08% -0.93% -0.38% -4.42% 1.23% 2.07% 0.59% 9.32% 2.05%
Return on Equity (ROE)		 -1.22% -9.48% 2.36% -9.51% -4.82% -61.04% -7.60% -13.49% -2.74% -50.51% -7.72%
Cash Return on Invested Capital (CROIC)		 3.52% -1.17% 40.67% 37.52% 33.21% 13.15% 10.52% 8.70% 10.31% -6.79% -8.62%
Operating Return on Assets (OROA)		 -1.43% -6.61% -7.09% -8.94% -3.86% -49.19% -7.95% -13.21% -4.46% -53.60% -4.80%
Return on Assets (ROA)		 -0.50% -6.19% 20.19% -6.36% -2.90% -61.45% -6.62% -11.83% -1.82% -44.07% -5.00%
Return on Common Equity (ROCE)		 -1.22% -9.48% 2.36% -9.51% -4.82% -61.04% -7.60% -13.49% -2.74% -50.51% -7.72%
Return on Equity Simple (ROE_SIMPLE)		 -28.62% 0.00% 3.27% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -2.22 -7.05 -4.74 -5.70 -3.75 -35 -4.73 -7.63 -2.12 -27 -4.25
NOPAT Margin		 -2.73% -9.21% -6.84% -10.08% -5.59% -49.12% -7.83% -13.81% -3.05% -41.73% -6.86%
Net Nonoperating Expense Percent (NNEP)		 -0.71% -7.76% -67.16% -0.58% -1.52% -91.50% -1.18% -1.98% 1.57% -9.90% 2.75%
Return On Investment Capital (ROIC_SIMPLE)		 - -1.71% -1.53% -1.85% -1.22% -14.93% -2.05% -3.36% -0.93% -13.90% -2.19%
Cost of Revenue to Revenue		 66.44% 71.06% 64.15% 63.87% 64.99% 66.58% 65.59% 64.38% 64.86% 72.27% 63.25%
SG&A Expenses to Revenue		 34.94% 39.17% 40.71% 49.72% 41.54% 38.89% 44.04% 48.71% 37.72% 38.97% 42.91%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 37.46% 42.10% 45.63% 50.53% 42.99% 103.60% 45.60% 55.35% 39.50% 87.33% 46.55%
Earnings before Interest and Taxes (EBIT)		 -3.62 -8.96 -7.68 -7.72 -4.19 -52 -6.30 -9.42 -3.97 -38 -3.16
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 1.62 -3.62 -3.00 -4.23 -0.80 -49 -3.20 -6.33 -0.93 -35 -0.24
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.96 0.85 0.81 0.82 0.54 0.74 0.61 0.59 0.60 0.65 0.54
Price to Tangible Book Value (P/TBV)		 2.67 1.63 1.42 1.44 0.96 1.15 0.94 0.90 0.89 0.83 0.69
Price to Revenue (P/Rev)		 1.54 0.87 0.89 0.89 0.62 0.65 0.55 0.52 0.52 0.51 0.41
Price to Earnings (P/E)		 0.00 0.00 24.92 37.30 34.69 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 1.68% 1.53% 1.51% 1.52% 2.28% 2.22% 2.75% 2.88% 2.86% 3.01% 3.68%
Earnings Yield		 0.00% 0.00% 4.01% 2.68% 2.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.97 1.33 0.78 0.79 0.48 0.68 0.53 0.56 0.54 0.57 0.46
Enterprise Value to Revenue (EV/Rev)		 2.17 1.25 0.72 0.72 0.49 0.49 0.39 0.42 0.42 0.36 0.30
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 315.47 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 7.89 11.19 16.61 0.00 0.00 0.00 14.31 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 24.09 0.00 1.48 1.64 1.17 4.30 4.20 5.44 4.41 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.42 0.41 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.00 0.00
Long-Term Debt to Equity		 0.38 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 0.41 -0.06 0.13 0.12 0.13 -0.13 -0.16 -0.15 -0.12 -0.19 -0.16
Leverage Ratio		 1.72 1.73 1.48 1.45 1.45 1.50 1.24 1.23 1.23 1.26 1.27
Compound Leverage Factor		 1.71 1.73 1.41 1.37 1.33 1.50 1.19 1.21 1.20 1.26 1.23
Debt to Total Capital		 29.63% 29.08% 0.03% 0.00% 0.00% 0.80% 0.83% 0.86% 0.87% 0.00% 0.00%
Short-Term Debt to Total Capital		 3.04% 29.08% 0.01% 0.00% 0.00% 0.80% 0.83% 0.86% 0.87% 0.00% 0.00%
Long-Term Debt to Total Capital		 26.59% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 70.37% 70.92% 99.97% 100.00% 100.00% 99.20% 99.17% 99.14% 99.13% 100.00% 100.00%
Debt to EBITDA		 -1.05 105.82 -0.02 0.00 0.00 -0.03 -0.03 -0.03 -0.03 0.00 0.00
Net Debt to EBITDA		 -0.98 95.82 9.88 0.00 0.00 0.76 0.69 0.45 0.46 0.00 0.00
Long-Term Debt to EBITDA		 -0.94 0.00 -0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 -1.26 -8.11 0.00 0.00 0.00 -0.04 -0.04 -0.04 -0.04 0.00 0.00
Net Debt to NOPAT		 -1.17 -7.34 2.66 0.00 0.00 0.88 0.80 0.52 0.56 0.00 0.00
Long-Term Debt to NOPAT		 -1.13 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 0.59 0.57 2.25 2.36 1.42 0.65 0.71 0.59 0.75 0.02 0.24
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 3.61 1.75 5.46 5.74 5.32 4.93 4.46 4.55 4.66 4.23 4.39
Quick Ratio		 1.26 0.38 2.76 2.73 2.52 2.47 2.10 1.72 2.17 2.01 2.06
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 112 4.51 152 139 130 44 68 63 72 2.63 22
Operating Cash Flow to CapEx		 11.68% 1,189.17% -900.94% 57.68% -819.55% 772.85% -175.53% -520.95% -478.48% 1,464.01% -270.13%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.32 0.56 0.64 0.65 0.62 0.67 0.76 0.78 0.78 0.92 0.94
Accounts Receivable Turnover		 2.43 5.60 4.74 5.84 4.24 5.41 5.39 6.22 4.83 5.66 5.53
Inventory Turnover		 0.83 1.89 1.61 1.57 1.53 1.98 1.90 1.82 1.87 2.03 1.97
Fixed Asset Turnover		 4.34 16.88 9.74 9.62 9.24 15.46 14.94 14.41 14.34 13.97 13.73
Accounts Payable Turnover		 4.68 8.42 9.90 11.06 8.59 10.77 11.64 17.89 14.41 12.06 11.36
Days Sales Outstanding (DSO)		 150.43 65.15 76.95 62.53 85.99 67.42 67.67 58.64 75.50 64.50 66.01
Days Inventory Outstanding (DIO)		 439.12 192.67 227.29 232.25 238.82 184.62 192.60 200.73 195.52 180.15 185.42
Days Payable Outstanding (DPO)		 77.98 43.35 36.87 33.01 42.47 33.89 31.35 20.41 25.34 30.27 32.13
Cash Conversion Cycle (CCC)		 511.58 214.46 267.36 261.77 282.34 218.14 228.93 238.97 245.69 214.38 219.30
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 406 269 263 261 272 190 190 190 198 160 164
Invested Capital Turnover		 0.39 1.04 0.84 0.85 0.79 1.15 1.13 1.13 1.09 1.43 1.42
Increase / (Decrease) in Invested Capital		 -114 -12 -157 -145 -134 -79 -73 -71 -74 -30 -26
Enterprise Value (EV)		 393 357 205 205 132 130 100 107 107 91 75
Market Capitalization		 278 249 253 251 168 173 139 133 134 127 104
Book Value per Share		 $7.77 $7.66 $8.12 $8.02 $8.04 $6.08 $5.98 $5.86 $5.88 $5.11 $5.04
Tangible Book Value per Share		 $2.78 $4.01 $4.65 $4.57 $4.57 $3.94 $3.88 $3.87 $3.94 $3.99 $3.95
Total Capital		 414 412 310 307 308 235 231 227 228 196 194
Total Debt		 123 120 0.08 0.00 0.00 1.89 1.92 1.95 1.98 0.00 0.00
Total Long-Term Debt		 110 0.00 0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 115 108 -47 -46 -36 -43 -39 -27 -28 -37 -30
Capital Expenditures (CapEx)		 1.22 1.22 1.82 1.45 1.02 2.14 1.18 1.81 1.20 0.85 1.53
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 171 237 113 110 119 98 99 111 110 94 99
Debt-free Net Working Capital (DFNWC)		 179 249 161 156 156 144 140 139 139 131 129
Net Working Capital (NWC)		 167 129 161 156 156 142 138 137 137 131 129
Net Nonoperating Expense (NNE)		 -0.96 1.34 -27 -0.20 -0.59 30 0.51 0.80 -0.50 3.97 -0.95
Net Nonoperating Obligations (NNO)		 115 -23 -47 -46 -36 -43 -39 -35 -28 -37 -30
Total Depreciation and Amortization (D&A)		 5.24 5.35 4.68 3.50 3.40 3.45 3.11 3.09 3.04 3.14 2.92
Debt-free, Cash-free Net Working Capital to Revenue		 94.76% 82.96% 39.80% 38.67% 44.23% 37.18% 38.72% 43.58% 42.81% 37.63% 39.33%
Debt-free Net Working Capital to Revenue		 99.19% 86.92% 56.46% 54.97% 57.74% 54.34% 54.90% 54.78% 54.32% 52.28% 51.16%
Net Working Capital to Revenue		 92.24% 45.04% 56.44% 54.97% 57.74% 53.63% 54.15% 54.01% 53.55% 52.28% 51.16%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.03) ($0.22) $0.57 ($0.14) ($0.08) ($1.72) ($0.14) ($0.22) ($0.04) ($0.81) ($0.09)
Adjusted Weighted Average Basic Shares Outstanding		 37.47M 37.49M 38.21M 38.30M 38.35M 38.31M 38.37M 38.40M 38.40M 38.39M 38.41M
Adjusted Diluted Earnings per Share		 ($0.03) ($0.22) $0.57 ($0.14) ($0.08) ($1.72) ($0.14) ($0.22) ($0.04) ($0.81) ($0.09)
Adjusted Weighted Average Diluted Shares Outstanding		 37.47M 37.49M 38.21M 38.30M 38.35M 38.31M 38.37M 38.40M 38.40M 38.39M 38.41M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 38.15M 38.24M 38.30M 38.36M 38.36M 38.36M 38.40M 38.40M 38.40M 38.40M 38.44M
Normalized Net Operating Profit after Tax (NOPAT)		 -1.47 -6.06 -4.48 -5.58 -3.42 -34 -4.61 -6.42 -2.01 -27 -3.65
Normalized NOPAT Margin		 -1.81% -7.92% -6.47% -9.88% -5.09% -48.20% -7.63% -11.63% -2.90% -41.21% -5.89%
Pre Tax Income Margin		 -4.43% -11.67% -10.55% -12.87% -5.69% -73.08% -10.00% -16.77% -5.57% -57.97% -4.96%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 -4.46% -36.96% 37.24% 56.44% 78.97% -7.33% -4.83% -4.66% -4.75% -8.25% -8.61%
Augmented Payout Ratio		 -4.73% -39.15% 40.09% 59.19% 82.79% -7.68% -4.88% -4.71% -4.80% -8.34% -8.68%

Financials Breakdown Chart

Key Financial Trends

Clarus (NASDAQ: CLAR) is showing signs of a much leaner balance sheet, but profitability and cash generation remain under pressure. Over the last four years, the company has gone from posting occasional profits and generating solid operating cash flow to producing recurring losses and, in the latest quarter, negative operating cash flow again. The big swing factor has been the sale of assets and restructuring activity, which helped support liquidity, but core operations still look challenged.

  • Cash and equivalents improved sharply year over year to $29.8 million in Q1 2026 from $8.0 million in Q3 2024, giving the company more liquidity than it had during the prior down cycle.
  • Total equity remains positive at $193.7 million, which suggests the balance sheet is still intact despite years of losses.
  • Short-term debt was reduced to zero in Q1 2026, compared with $2.0 million in Q3 2025 and much higher debt levels in 2023.
  • Operating revenue held above $60 million in each of the last several quarters, showing the business still has a meaningful revenue base.
  • Gross profit improved sequentially in Q1 2026 to $22.8 million, up from $18.1 million in Q4 2025.
  • Divestiture proceeds supported cash flow in 2025, especially in Q3 2025, when investing cash flow was positive due to asset sales.
  • Amortization remains large, reflecting a balance sheet with significant intangible assets and past acquisitions rather than current operating strength.
  • Q1 2026 revenue declined year over year to $61.9 million from $69.3 million in Q1 2025.
  • The company posted a Q1 2026 net loss of $3.3 million, extending a run of quarterly losses.
  • Operating cash flow turned negative again in Q1 2026 at -$4.1 million, reversing the positive cash flow seen in Q4 2025.
  • SG&A remains heavy at $26.6 million in Q1 2026, exceeding gross profit and keeping operating income in the red.
  • Inventory remains elevated at $82.2 million in Q1 2026, which could pressure working capital if demand weakens.
  • Retained earnings are deeply negative at -$461.5 million, highlighting the cumulative effect of years of losses.
  • EPS has deteriorated significantly versus a year ago, with Q1 2026 basic EPS of -$0.09 compared with -$0.04 in Q3 2025 and much stronger results in early 2024 before the business deterioration.

Bottom line: Clarus appears to be in a turnaround or restructuring phase. The company has improved liquidity and cleaned up some leverage, but the core picture is still one of shrinking revenue, recurring losses, and weak operating cash flow. Investors will likely want to see sustained margin improvement and a return to positive operating cash generation before the trend can be called a true recovery.

07/29/26 05:03 AM ETAI Generated. May Contain Errors.

Clarus Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Clarus' financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Clarus' net income appears to be on an upward trend, with a most recent value of -$46.56 million in 2025, falling from -$77.54 million in 2015. The previous period was -$52.29 million in 2024. View Clarus' forecast to see where analysts expect Clarus to go next.

Clarus' total operating income in 2025 was -$59.68 million, based on the following breakdown:
  • Total Gross Profit: $82.98 million
  • Total Operating Expenses: $142.66 million

Over the last 10 years, Clarus' total revenue changed from $155.27 million in 2015 to $250.44 million in 2025, a change of 61.3%.

Clarus' total liabilities were at $52.64 million at the end of 2025, a 13.7% decrease from 2024, and a 0.5% increase since 2015.

In the past 10 years, Clarus' cash and equivalents has ranged from $1.70 million in 2019 to $94.74 million in 2016, and is currently $36.69 million as of their latest financial filing in 2025.

Over the last 10 years, Clarus' book value per share changed from 5.32 in 2015 to 5.11 in 2025, a change of -3.9%.


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Financial statements for NASDAQ:CLAR last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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