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Clearfield (CLFD) Financials

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$37.69 -0.03 (-0.08%)
Closing price 04:00 PM Eastern
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$37.67 -0.02 (-0.05%)
As of 04:27 PM Eastern
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Annual Income Statements for Clearfield

Annual Income Statements for Clearfield

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

Metric 2024 2023 2022
Period end date 9/30/2024 9/30/2023 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
-12 33 49
Consolidated Net Income / (Loss)
-12 33 49
Net Income / (Loss) Continuing Operations
-12 33 49
Total Pre-Tax Income
-16 42 64
Total Operating Income
-23 37 64
Total Gross Profit
29 85 113
Total Revenue
167 269 271
Operating Revenue
167 269 271
Total Cost of Revenue
138 183 158
Operating Cost of Revenue
138 183 158
Total Operating Expenses
52 48 49
Selling, General & Admin Expense
52 48 49
Total Other Income / (Expense), net
6.97 4.33 0.02
Interest & Investment Income
6.97 4.33 0.02
Income Tax Expense
-3.80 9.08 14
Basic Earnings per Share
($0.85) $2.17 $3.58
Weighted Average Basic Shares Outstanding
14.58M 14.98M 13.77M
Diluted Earnings per Share
($0.85) $2.17 $3.55
Weighted Average Diluted Shares Outstanding
14.58M 15.01M 13.91M
Weighted Average Basic & Diluted Shares Outstanding
14.29M 15.25M 13.82M

Quarterly Income Statements for Clearfield

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

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022 6/30/2022
Net Income / (Loss) Attributable to Common Shareholders
-1.91 -0.83 -0.45 -5.91 -5.27 2.70 5.22 10 14 46 -17
Consolidated Net Income / (Loss)
-1.91 -0.83 -0.45 -5.91 -5.27 2.70 5.22 10 14 17 13
Net Income / (Loss) Continuing Operations
-1.91 -0.83 -0.45 -5.91 -5.27 2.70 5.22 10 14 46 -17
Total Pre-Tax Income
-2.33 -1.32 -0.72 -7.99 -6.22 3.26 7.06 13 18 22 17
Total Operating Income
-3.98 -3.01 -2.31 -9.74 -8.16 1.72 5.63 12 18 22 17
Total Gross Profit
8.18 11 11 2.83 4.70 12 19 24 31 38 29
Total Revenue
35 47 49 37 34 50 61 72 86 166 0.00
Operating Revenue
35 47 49 37 34 50 61 72 86 - -
Total Cost of Revenue
27 36 38 34 30 38 42 48 55 99 0.00
Operating Cost of Revenue
27 36 38 34 30 38 42 48 55 - -
Total Operating Expenses
12 14 13 13 13 10 13 12 13 15 13
Selling, General & Admin Expense
12 14 13 13 13 10 13 12 13 15 13
Total Other Income / (Expense), net
1.64 1.69 1.58 1.75 1.94 1.55 1.44 1.28 0.06 -0.27 0.04
Interest & Investment Income
1.64 1.69 1.58 1.75 1.94 1.55 1.44 1.28 0.06 -0.27 0.04
Income Tax Expense
-0.43 -0.49 -0.28 -2.08 -0.95 0.57 1.84 2.97 3.70 4.99 3.88
Basic Earnings per Share
($0.13) ($0.06) ($0.04) ($0.40) ($0.35) $0.16 $0.33 $0.67 $1.01 $1.22 $0.93
Weighted Average Basic Shares Outstanding
14.21M 14.58M 14.25M 14.63M 15.21M 14.98M 15.25M 15.23M 14.17M 13.77M 13.77M
Diluted Earnings per Share
($0.13) ($0.06) ($0.04) ($0.40) ($0.35) $0.17 $0.33 $0.67 $1.00 $1.22 $0.92
Weighted Average Diluted Shares Outstanding
14.21M 14.58M 14.25M 14.63M 15.21M 15.01M 15.25M 15.26M 14.28M 13.91M 13.90M
Weighted Average Basic & Diluted Shares Outstanding
14.13M 14.29M 14.24M 14.23M 14.71M 15.25M 15.26M - 15.25M 13.82M 13.78M

Annual Cash Flow Statements for Clearfield

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

Metric 2024 2023 2022
Period end date 9/30/2024 9/30/2023 9/30/2022
Net Change in Cash & Equivalents
-22 21 3.43
Net Cash From Operating Activities
22 18 2.26
Net Cash From Continuing Operating Activities
22 18 2.26
Net Income / (Loss) Continuing Operations
-12 33 49
Consolidated Net Income / (Loss)
-12 33 49
Depreciation Expense
7.41 6.05 3.43
Amortization Expense
-4.41 -3.51 -0.04
Non-Cash Adjustments To Reconcile Net Income
4.64 3.58 2.34
Changes in Operating Assets and Liabilities, net
27 -20 -53
Net Cash From Investing Activities
-6.90 -112 -8.20
Net Cash From Continuing Investing Activities
-6.90 -112 -8.20
Purchase of Property, Plant & Equipment
-9.57 -8.38 -9.15
Acquisitions
0.00 0.00 -16
Purchase of Investments
-159 -211 -0.25
Sale and/or Maturity of Investments
162 107 17
Net Cash From Financing Activities
-37 115 9.40
Net Cash From Continuing Financing Activities
-37 115 9.40
Repayment of Debt
-2.17 0.00 0.00
Repurchase of Common Equity
-33 0.00 0.00
Issuance of Debt
2.17 -17 17
Issuance of Common Equity
0.59 132 0.54
Other Financing Activities, net
-4.12 -0.13 -7.85
Other Net Changes in Cash
-0.08 -0.00 -0.02
Cash Interest Paid
0.39 0.46 0.12
Cash Income Taxes Paid
0.16 13 14

Quarterly Cash Flow Statements for Clearfield

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

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022 6/30/2022
Net Change in Cash & Equivalents
14 -9.46 9.81 -19 -3.34 6.44 -106 107 14 2.46 0.27
Net Cash From Operating Activities
7.15 14 3.87 -3.23 11 4.94 3.34 9.04 1.10 12 1.99
Net Cash From Continuing Operating Activities
7.15 14 3.87 -3.23 11 4.94 3.34 9.04 1.10 12 1.99
Net Income / (Loss) Continuing Operations
-1.91 -0.83 -0.45 -5.91 -5.27 2.70 5.22 10 14 17 13
Consolidated Net Income / (Loss)
-1.91 -0.83 -0.45 -5.91 -5.27 2.70 5.22 10 14 17 13
Depreciation Expense
1.84 1.93 1.91 1.88 1.65 1.64 1.59 1.47 1.35 1.22 0.84
Amortization Expense
-0.77 -1.10 -1.11 -1.04 -1.16 -1.08 -1.29 -0.92 -0.22 -0.01 -0.01
Non-Cash Adjustments To Reconcile Net Income
1.14 1.20 1.15 1.06 1.27 1.07 1.06 0.78 0.66 0.69 0.64
Changes in Operating Assets and Liabilities, net
6.85 13 2.36 0.78 14 0.61 -3.24 -2.66 -15 -7.35 -12
Net Cash From Investing Activities
13 -19 11 0.25 0.91 0.13 -109 98 -101 -19 -1.92
Net Cash From Continuing Investing Activities
13 -19 11 0.25 0.91 0.13 -109 98 -101 -19 -1.92
Purchase of Property, Plant & Equipment
-2.07 -3.96 -1.22 -1.98 -2.41 -1.86 -1.73 -2.58 -2.21 -2.38 -1.92
Purchase of Investments
-39 -35 -76 - -48 - -112 -0.25 -99 - -
Sale and/or Maturity of Investments
54 20 89 2.23 51 1.98 4.33 101 0.00 - -
Net Cash From Financing Activities
-6.39 -3.87 -5.22 -16 -15 1.32 0.29 -0.13 114 9.51 0.20
Net Cash From Continuing Financing Activities
-6.39 -3.87 -5.22 -16 -15 1.32 0.29 -0.13 114 9.51 0.20
Repayment of Debt
0.08 -0.03 -2.14 - -2.97 17 - - -17 - -
Repurchase of Common Equity
-6.28 - -5.56 -16 -12 - - - 0.00 - -
Issuance of Common Equity
0.30 0.00 0.34 - 0.25 -0.00 0.31 - 132 - 0.30
Other Financing Activities, net
-0.49 -3.87 - -0.01 -0.24 1.32 -0.02 -0.13 -1.30 -7.19 -0.10
Effect of Exchange Rate Changes
0.13 - -0.00 -0.04 0.09 - -0.13 - - - -
Cash Interest Paid
0.06 0.09 0.13 0.09 0.09 0.10 0.09 0.06 0.21 0.12 -
Cash Income Taxes Paid
0.41 -0.01 0.01 0.10 0.06 0.38 2.38 10 0.00 3.83 2.98

Annual Balance Sheets for Clearfield

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

Metric 2024 2023 2022
Period end date 9/30/2024 9/30/2023 9/30/2022
Total Assets
315 356 229
Total Current Assets
230 296 160
Cash & Equivalents
16 38 17
Short-Term Investments
115 130 5.80
Accounts Receivable
21 28 54
Inventories, net
67 98 82
Other Current Assets
11 1.70 1.76
Plant, Property, & Equipment, net
24 22 18
Total Noncurrent Assets
62 38 51
Long-Term Investments
25 6.34 23
Goodwill
6.63 6.53 6.40
Intangible Assets
6.34 6.09 6.38
Noncurrent Deferred & Refundable Income Taxes
6.14 3.04 1.41
Other Noncurrent Operating Assets
18 16 14
Total Liabilities & Shareholders' Equity
315 356 229
Total Liabilities
40 40 82
Total Current Liabilities
24 29 52
Accounts Payable
6.72 8.89 24
Accrued Expenses
4.38 2.40 6.18
Current Employee Benefit Liabilities
6.98 5.57 14
Other Current Liabilities
6.28 10 7.78
Total Noncurrent Liabilities
15 11 30
Long-Term Debt
2.23 0.00 19
Noncurrent Deferred & Payable Income Tax Liabilities
0.16 0.72 0.77
Other Noncurrent Operating Liabilities
13 11 10
Total Equity & Noncontrolling Interests
276 315 148
Total Preferred & Common Equity
276 315 148
Preferred Stock
0.00 0.00 0.00
Total Common Equity
276 315 148
Common Stock
160 188 55
Retained Earnings
115 127 95
Accumulated Other Comprehensive Income / (Loss)
1.08 -0.54 -1.90

Quarterly Balance Sheets for Clearfield

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

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q1 2023 Q3 2022
Period end date 12/31/2024 6/30/2024 3/31/2024 12/31/2023 6/30/2023 3/31/2023 6/30/2022
Total Assets
303 318 315 336 361 357 178
Total Current Assets
198 236 257 277 303 301 120
Cash & Equivalents
30 26 16 34 31 137 14
Short-Term Investments
83 98 127 128 131 20 3.89
Accounts Receivable
14 28 22 17 32 39 32
Inventories, net
59 75 84 95 105 101 69
Other Current Assets
12 9.88 8.64 1.81 4.08 3.66 1.05
Plant, Property, & Equipment, net
24 21 22 23 21 21 9.57
Total Noncurrent Assets
82 60 36 36 37 35 48
Long-Term Investments
42 24 6.52 6.51 6.56 8.53 25
Goodwill
6.49 6.55 6.57 6.62 6.58 6.59 4.71
Intangible Assets
6.10 6.40 6.22 5.98 6.34 6.46 4.69
Noncurrent Deferred & Refundable Income Taxes
6.62 5.51 2.84 2.75 1.00 0.96 0.65
Other Noncurrent Operating Assets
20 18 13 14 16 13 13
Total Liabilities & Shareholders' Equity
303 318 315 336 361 357 178
Total Liabilities
36 44 36 36 49 52 41
Total Current Liabilities
19 28 26 25 37 40 31
Accounts Payable
4.33 9.05 5.91 7.37 12 17 16
Accrued Expenses
2.56 3.03 2.74 2.75 3.34 5.05 2.76
Current Employee Benefit Liabilities
5.40 7.15 5.87 5.28 7.32 6.32 8.92
Other Current Liabilities
6.44 8.94 9.69 7.34 12 12 2.77
Total Noncurrent Liabilities
17 15 9.82 11 12 12 10
Long-Term Debt
2.07 2.14 - - 0.00 2.18 -
Noncurrent Deferred & Payable Income Tax Liabilities
0.00 0.07 0.72 0.61 0.78 0.82 -
Other Noncurrent Operating Liabilities
15 13 9.10 9.97 12 8.94 10
Total Equity & Noncontrolling Interests
267 275 279 300 312 305 137
Total Preferred & Common Equity
267 275 279 300 312 305 137
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
267 275 279 300 312 305 137
Common Stock
154 159 163 177 188 186 60
Retained Earnings
113 116 116 122 125 119 78
Accumulated Other Comprehensive Income / (Loss)
-0.02 0.02 0.13 0.48 -0.27 -0.23 -0.96

Annual Metrics And Ratios for Clearfield

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

Metric 2024 2023 2022
Period end date 9/30/2024 9/30/2023 9/30/2022
Growth Metrics
- - -
Revenue Growth
-37.96% -0.80% 92.45%
EBITDA Growth
-150.76% -40.73% 144.11%
EBIT Growth
-162.28% -41.57% 152.90%
NOPAT Growth
-155.76% -40.93% 147.59%
Net Income Growth
-138.28% -34.09% 142.84%
EPS Growth
-139.17% -38.87% 141.50%
Operating Cash Flow Growth
20.62% 715.94% -79.29%
Free Cash Flow Firm Growth
-44.87% 126.01% -494.71%
Invested Capital Growth
-14.23% 17.98% 179.43%
Revenue Q/Q Growth
-1.72% -30.26% 80.78%
EBITDA Q/Q Growth
-28.32% -34.72% 25.11%
EBIT Q/Q Growth
-25.58% -35.51% 25.30%
NOPAT Q/Q Growth
-25.58% -35.05% 24.99%
Net Income Q/Q Growth
-39.45% -30.53% 24.04%
EPS Q/Q Growth
-37.10% -32.61% 24.13%
Operating Cash Flow Q/Q Growth
48.22% -22.49% 134.72%
Free Cash Flow Firm Q/Q Growth
7.67% 207.49% -70.86%
Invested Capital Q/Q Growth
-4.83% -1.80% 29.20%
Profitability Metrics
- - -
Gross Margin
17.33% 31.74% 41.70%
EBITDA Margin
-12.13% 14.82% 24.81%
Operating Margin
-13.93% 13.88% 23.56%
EBIT Margin
-13.93% 13.88% 23.56%
Profit (Net Income) Margin
-7.47% 12.11% 18.22%
Tax Burden Percent
76.61% 78.18% 77.33%
Interest Burden Percent
70.00% 111.60% 100.03%
Effective Tax Rate
0.00% 21.82% 22.67%
Return on Invested Capital (ROIC)
-12.25% 22.10% 60.05%
ROIC Less NNEP Spread (ROIC-NNEP)
-14.59% 18.70% 60.02%
Return on Net Nonoperating Assets (RNNOA)
8.04% -8.03% -20.78%
Return on Equity (ROE)
-4.21% 14.06% 39.27%
Cash Return on Invested Capital (CROIC)
3.07% 5.59% -34.53%
Operating Return on Assets (OROA)
-6.92% 12.76% 35.95%
Return on Assets (ROA)
-3.71% 11.13% 27.81%
Return on Common Equity (ROCE)
-4.21% 14.06% 39.27%
Return on Equity Simple (ROE_SIMPLE)
-4.52% 10.32% 33.45%
Net Operating Profit after Tax (NOPAT)
-16 29 49
NOPAT Margin
-9.75% 10.85% 18.22%
Net Nonoperating Expense Percent (NNEP)
2.34% 3.40% 0.03%
Cost of Revenue to Revenue
82.67% 68.26% 58.30%
SG&A Expenses to Revenue
31.26% 17.86% 18.14%
R&D to Revenue
0.00% 0.00% 0.00%
Operating Expenses to Revenue
31.26% 17.86% 18.14%
Earnings before Interest and Taxes (EBIT)
-23 37 64
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-20 40 67
Valuation Ratios
- - -
Price to Book Value (P/BV)
2.01 1.39 9.77
Price to Tangible Book Value (P/TBV)
2.11 1.45 10.69
Price to Revenue (P/Rev)
3.33 1.63 5.32
Price to Earnings (P/E)
0.00 13.44 29.21
Dividend Yield
0.00% 0.00% 0.00%
Earnings Yield
0.00% 7.44% 3.42%
Enterprise Value to Invested Capital (EV/IC)
3.28 1.86 11.69
Enterprise Value to Revenue (EV/Rev)
2.41 0.99 5.22
Enterprise Value to EBITDA (EV/EBITDA)
0.00 6.65 21.06
Enterprise Value to EBIT (EV/EBIT)
0.00 7.11 22.18
Enterprise Value to NOPAT (EV/NOPAT)
0.00 9.09 28.68
Enterprise Value to Operating Cash Flow (EV/OCF)
18.06 14.39 626.73
Enterprise Value to Free Cash Flow (EV/FCFF)
98.64 35.91 0.00
Leverage & Solvency
- - -
Debt to Equity
0.01 0.01 0.13
Long-Term Debt to Equity
0.01 0.00 0.13
Financial Leverage
-0.55 -0.43 -0.35
Leverage Ratio
1.14 1.26 1.41
Compound Leverage Factor
0.79 1.41 1.41
Debt to Total Capital
0.80% 0.67% 11.23%
Short-Term Debt to Total Capital
0.00% 0.67% 0.00%
Long-Term Debt to Total Capital
0.80% 0.00% 11.23%
Preferred Equity to Total Capital
0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00%
Common Equity to Total Capital
99.20% 99.33% 88.77%
Debt to EBITDA
-0.11 0.05 0.28
Net Debt to EBITDA
7.58 -4.33 -0.39
Long-Term Debt to EBITDA
-0.11 0.00 0.28
Debt to NOPAT
-0.14 0.07 0.38
Net Debt to NOPAT
9.43 -5.91 -0.54
Long-Term Debt to NOPAT
-0.14 0.00 0.38
Altman Z-Score
10.00 9.01 13.86
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00%
Liquidity Ratios
- - -
Current Ratio
9.43 10.21 3.10
Quick Ratio
6.25 6.78 1.47
Cash Flow Metrics
- - -
Free Cash Flow to Firm (FCFF)
4.07 7.38 -28
Operating Cash Flow to CapEx
232.29% 219.75% 24.68%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00
Efficiency Ratios
- - -
Asset Turnover
0.50 0.92 1.53
Accounts Receivable Turnover
6.71 6.55 7.41
Inventory Turnover
1.67 2.04 2.88
Fixed Asset Turnover
7.33 13.52 23.32
Accounts Payable Turnover
17.66 11.11 9.48
Days Sales Outstanding (DSO)
54.41 55.76 49.28
Days Inventory Outstanding (DIO)
218.26 179.34 126.80
Days Payable Outstanding (DPO)
20.67 32.84 38.52
Cash Conversion Cycle (CCC)
252.00 202.25 137.56
Capital & Investment Metrics
- - -
Invested Capital
122 143 121
Invested Capital Turnover
1.26 2.04 3.30
Increase / (Decrease) in Invested Capital
-20 22 78
Enterprise Value (EV)
401 265 1,415
Market Capitalization
555 437 1,442
Book Value per Share
$19.37 $20.65 $10.71
Tangible Book Value per Share
$18.46 $19.82 $9.78
Total Capital
278 317 166
Total Debt
2.23 2.11 19
Total Long-Term Debt
2.23 0.00 19
Net Debt
-153 -172 -27
Capital Expenditures (CapEx)
9.57 8.38 9.15
Debt-free, Cash-free Net Working Capital (DFCFNWC)
74 101 86
Debt-free Net Working Capital (DFNWC)
205 269 108
Net Working Capital (NWC)
205 267 108
Net Nonoperating Expense (NNE)
-3.80 -3.38 -0.01
Net Nonoperating Obligations (NNO)
-153 -172 -27
Total Depreciation and Amortization (D&A)
3.01 2.54 3.38
Debt-free, Cash-free Net Working Capital to Revenue
44.54% 37.68% 31.74%
Debt-free Net Working Capital to Revenue
123.12% 100.24% 40.03%
Net Working Capital to Revenue
123.12% 99.45% 40.03%
Earnings Adjustments
- - -
Adjusted Basic Earnings per Share
($0.85) $2.17 $3.58
Adjusted Weighted Average Basic Shares Outstanding
14.58M 14.98M 13.77M
Adjusted Diluted Earnings per Share
($0.85) $2.17 $3.55
Adjusted Weighted Average Diluted Shares Outstanding
14.58M 15.01M 13.91M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
14.29M 15.25M 13.82M
Normalized Net Operating Profit after Tax (NOPAT)
-16 29 49
Normalized NOPAT Margin
-9.75% 10.85% 18.22%
Pre Tax Income Margin
-9.75% 15.49% 23.57%
Debt Service Ratios
- - -
EBIT to Interest Expense
0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00
Payout Ratios
- - -
Dividend Payout Ratio
0.00% 0.00% 0.00%
Augmented Payout Ratio
-268.00% 0.00% 0.00%

Quarterly Metrics And Ratios for Clearfield

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

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022 6/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
3.64% -5.86% -20.38% -48.60% -60.17% -70.12% 0.00% 34.24% 68.15% 267.58% -100.00%
EBITDA Growth
62.14% -195.96% -125.41% -170.62% -140.32% -90.29% -65.99% -0.32% 39.10% 135.93% 110.17%
EBIT Growth
51.29% -275.48% -141.00% -180.80% -145.62% -92.28% -66.09% 1.04% 37.10% 137.55% 115.35%
NOPAT Growth
51.29% -248.72% -138.83% -172.79% -140.21% -91.75% -67.30% 2.45% 38.01% 134.61% 111.74%
Net Income Growth
63.82% -130.68% -108.57% -157.03% -136.96% -84.13% -59.06% 12.21% 37.21% 128.82% 109.00%
EPS Growth
62.86% -135.29% -112.12% -159.70% -135.00% -86.07% -64.13% 1.52% 33.33% 130.19% 109.09%
Operating Cash Flow Growth
-33.80% 178.35% 15.78% -135.74% 879.15% -57.19% 67.59% 180.35% 3,344.12% 314.47% 40.55%
Free Cash Flow Firm Growth
372.02% 189.51% 131.75% -254.71% 104.62% 66.38% -9.71% 328.86% -402.53% -1,018.58% -10,759.49%
Invested Capital Growth
-13.83% -14.23% -11.50% 0.00% -6.35% 17.98% 55.23% 0.00% 152.53% 179.43% 149.17%
Revenue Q/Q Growth
-24.15% -4.14% 32.19% 7.83% -31.11% -18.93% -14.66% -16.44% -48.31% 0.00% -100.00%
EBITDA Q/Q Growth
-32.91% -45.18% 83.09% -16.69% -436.89% -61.56% -53.00% -33.76% -18.91% 34.69% 37.76%
EBIT Q/Q Growth
-31.96% -30.66% 76.33% -19.35% -575.36% -69.48% -53.34% -32.62% -19.60% 34.16% 39.02%
NOPAT Q/Q Growth
-31.96% -30.66% 76.33% -19.35% -502.86% -65.89% -55.62% -34.07% -17.39% 35.29% 39.03%
Net Income Q/Q Growth
-130.47% -85.01% 92.44% -12.21% -295.40% -48.33% -49.65% -27.30% -16.11% 33.32% 37.99%
EPS Q/Q Growth
-116.67% -50.00% 90.00% -14.29% -305.88% -48.48% -50.75% -33.00% -18.03% 32.61% 39.39%
Operating Cash Flow Q/Q Growth
-48.03% 255.81% 219.72% -141.27% 118.49% 47.99% -63.04% 719.40% -89.28% 479.38% 117.72%
Free Cash Flow Firm Q/Q Growth
-14.32% 20.56% 110.89% -4,296.33% 116.25% 57.23% -153.06% 225.34% -18.21% -39.54% -10.69%
Invested Capital Q/Q Growth
-6.46% -4.83% -2.44% -0.78% -6.90% -1.80% 0.00% -100.00% 17.30% 29.20% 16.65%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
23.06% 22.81% 21.91% 7.67% 13.72% 24.14% 31.12% 32.81% 35.66% 22.55% 0.00%
EBITDA Margin
-8.19% -4.67% -3.08% -24.11% -22.41% 4.58% 9.67% 17.55% 22.14% 14.11% 0.00%
Operating Margin
-11.21% -6.44% -4.73% -26.39% -23.84% 3.46% 9.18% 16.79% 20.82% 13.38% 0.00%
EBIT Margin
-11.21% -6.44% -4.73% -26.39% -23.84% 3.46% 9.18% 16.79% 20.82% 13.38% 0.00%
Profit (Net Income) Margin
-5.37% -1.77% -0.92% -16.01% -15.39% 5.43% 8.51% 14.43% 16.59% 10.22% 0.00%
Tax Burden Percent
81.73% 62.70% 61.74% 73.94% 84.71% 82.60% 73.91% 77.70% 79.42% 77.29% 76.64%
Interest Burden Percent
58.65% 43.78% 31.40% 82.07% 76.19% 190.10% 125.51% 110.64% 100.34% 98.80% 100.26%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 17.40% 26.09% 22.30% 20.59% 22.71% 23.36%
Return on Invested Capital (ROIC)
-10.65% -5.67% -4.09% -51.00% -26.35% 5.81% 21.86% 0.00% 50.99% 34.09% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
-11.19% -6.45% -4.84% -52.23% -26.62% 4.53% 20.85% 0.00% 50.95% 34.57% 0.00%
Return on Net Nonoperating Assets (RNNOA)
6.31% 3.56% 2.58% 27.55% 14.53% -1.95% -9.74% 0.00% -26.90% -11.97% 0.00%
Return on Equity (ROE)
-4.33% -2.11% -1.52% -23.45% -11.82% 3.87% 12.12% 0.00% 24.10% 22.12% 0.00%
Cash Return on Invested Capital (CROIC)
4.09% 3.07% 2.76% -211.21% 12.66% 5.59% -5.74% 0.00% -32.79% -34.53% -25.30%
Operating Return on Assets (OROA)
-5.89% -3.20% -2.36% -15.24% -14.93% 3.18% 13.12% 0.00% 25.70% 20.42% 0.00%
Return on Assets (ROA)
-2.82% -0.88% -0.46% -9.25% -9.64% 4.99% 12.17% 0.00% 20.48% 15.59% 0.00%
Return on Common Equity (ROCE)
-4.33% -2.11% -1.52% -23.45% -11.82% 3.87% 12.12% 0.00% 24.10% 22.12% 0.00%
Return on Equity Simple (ROE_SIMPLE)
-3.40% 0.00% -3.25% -1.17% 4.34% 0.00% 15.01% 0.00% 17.43% 0.00% 29.10%
Net Operating Profit after Tax (NOPAT)
-2.78 -2.11 -1.61 -6.82 -5.71 1.42 4.16 9.37 14 17 13
NOPAT Margin
-7.85% -4.51% -3.31% -18.47% -16.69% 2.85% 6.78% 13.04% 16.53% 10.34% 0.00%
Net Nonoperating Expense Percent (NNEP)
0.55% 0.79% 0.75% 1.23% 0.27% 1.29% 1.01% 0.00% 0.04% -0.47% 0.06%
Return On Investment Capital (ROIC_SIMPLE)
-1.03% - - - -1.89% - - - - - -
Cost of Revenue to Revenue
76.94% 77.19% 78.09% 92.33% 86.28% 75.86% 68.88% 67.19% 64.34% 59.82% 0.00%
SG&A Expenses to Revenue
34.27% 29.25% 26.64% 34.06% 37.57% 20.68% 21.95% 16.03% 14.85% 9.17% 0.00%
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
34.27% 29.25% 26.64% 34.06% 37.57% 20.68% 21.95% 16.03% 14.85% 9.17% 0.00%
Earnings before Interest and Taxes (EBIT)
-3.98 -3.01 -2.31 -9.74 -8.16 1.72 5.63 12 18 22 17
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-2.90 -2.19 -1.51 -8.90 -7.67 2.28 5.92 13 19 23 17
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
1.66 2.01 2.00 1.62 1.48 1.39 2.32 0.00 4.26 9.77 6.24
Price to Tangible Book Value (P/TBV)
1.74 2.11 2.10 1.70 1.54 1.45 2.42 0.00 4.45 10.69 6.70
Price to Revenue (P/Rev)
2.64 3.33 3.24 2.49 2.05 1.63 1.87 2.19 4.26 5.32 5.69
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 34.11 13.44 9.49 13.04 24.44 29.21 81.34
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 2.93% 7.44% 10.54% 7.67% 4.09% 3.42% 1.23%
Enterprise Value to Invested Capital (EV/IC)
2.53 3.28 3.13 2.32 2.08 1.86 3.82 0.00 8.01 11.69 8.65
Enterprise Value to Revenue (EV/Rev)
1.73 2.41 2.38 1.68 1.28 0.99 1.44 0.00 3.72 5.22 5.41
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 21.07 6.65 9.11 0.00 15.68 21.06 15.08
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 24.63 7.11 9.61 0.00 16.57 22.18 15.90
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 33.02 9.09 12.38 0.00 21.36 28.68 20.52
Enterprise Value to Operating Cash Flow (EV/OCF)
15.62 18.06 26.88 21.17 9.84 14.39 23.38 0.00 532.02 626.73 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
57.26 98.64 106.62 0.00 15.90 35.91 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.01 0.13 0.00
Long-Term Debt to Equity
0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.01 0.13 0.00
Financial Leverage
-0.56 -0.55 -0.53 -0.53 -0.55 -0.43 -0.47 0.00 -0.53 -0.35 -0.44
Leverage Ratio
1.13 1.14 1.16 1.13 1.14 1.26 1.20 0.00 1.18 1.41 1.25
Compound Leverage Factor
0.66 0.50 0.36 0.93 0.87 2.40 1.51 0.00 1.18 1.40 1.26
Debt to Total Capital
0.77% 0.80% 0.77% 0.77% 0.73% 0.67% 0.69% 0.00% 0.71% 11.23% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.77% 0.73% 0.67% 0.69% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.77% 0.80% 0.77% 0.00% 0.00% 0.00% 0.00% 0.00% 0.71% 11.23% 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
99.23% 99.20% 99.23% 99.23% 99.27% 99.33% 99.31% 0.00% 99.29% 88.77% 100.00%
Debt to EBITDA
-0.13 -0.11 -0.14 -0.26 0.17 0.05 0.04 0.00 0.03 0.28 0.00
Net Debt to EBITDA
9.89 7.58 9.26 17.69 -12.73 -4.33 -2.73 0.00 -2.25 -0.39 0.00
Long-Term Debt to EBITDA
-0.13 -0.11 -0.14 0.00 0.00 0.00 0.00 0.00 0.03 0.28 0.00
Debt to NOPAT
-0.16 -0.14 -0.17 -0.29 0.26 0.07 0.05 0.00 0.04 0.38 0.00
Net Debt to NOPAT
11.47 9.43 11.27 19.92 -19.94 -5.91 -3.71 0.00 -3.07 -0.54 0.00
Long-Term Debt to NOPAT
-0.16 -0.14 -0.17 0.00 0.00 0.00 0.00 0.00 0.04 0.38 0.00
Altman Z-Score
9.17 10.21 9.37 9.39 9.47 8.68 11.28 0.00 17.38 13.26 14.80
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
10.57 9.43 8.38 9.76 11.09 10.21 8.21 0.00 7.51 3.10 3.91
Quick Ratio
6.79 6.25 5.38 6.25 7.22 6.78 5.26 0.00 4.91 1.47 1.62
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
16 18 15 -139 3.31 -20 -48 90 -72 -61 -43
Operating Cash Flow to CapEx
345.58% 347.54% 317.23% -163.38% 447.76% 266.47% 192.84% 349.77% 49.84% 484.35% 103.69%
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
0.53 0.50 0.50 0.58 0.63 0.92 1.43 0.00 1.23 1.53 1.03
Accounts Receivable Turnover
10.69 6.71 5.69 8.32 7.65 6.55 12.13 0.00 10.97 7.41 6.27
Inventory Turnover
1.76 1.67 1.55 1.71 1.61 2.04 2.81 0.00 2.56 2.88 1.86
Fixed Asset Turnover
7.21 7.33 7.93 8.12 9.87 13.52 24.95 0.00 22.10 23.32 20.68
Accounts Payable Turnover
23.19 17.66 13.48 24.27 13.12 11.11 17.59 0.00 12.75 9.48 7.34
Days Sales Outstanding (DSO)
34.15 54.41 64.10 43.89 47.72 55.76 30.09 0.00 33.26 49.28 58.19
Days Inventory Outstanding (DIO)
207.08 218.26 235.48 213.60 226.22 179.34 129.75 0.00 142.39 126.80 196.29
Days Payable Outstanding (DPO)
15.74 20.67 27.09 15.04 27.83 32.84 20.75 0.00 28.64 38.52 49.75
Cash Conversion Cycle (CCC)
225.49 252.00 272.50 242.45 246.11 202.25 139.10 0.00 147.01 137.56 204.73
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
115 122 129 132 133 143 145 0.00 142 121 94
Invested Capital Turnover
1.36 1.26 1.24 2.76 1.58 2.04 3.22 0.00 3.08 3.30 2.28
Increase / (Decrease) in Invested Capital
-18 -20 -17 132 -9.02 22 52 -80 86 78 56
Enterprise Value (EV)
290 401 403 306 277 265 556 0.00 1,137 1,415 810
Market Capitalization
443 555 549 454 444 437 722 709 1,301 1,442 853
Book Value per Share
$18.72 $19.37 $19.29 $18.99 $19.73 $20.65 $20.45 $0.00 $22.10 $10.71 $9.93
Tangible Book Value per Share
$17.84 $18.46 $18.38 $18.12 $18.90 $19.82 $19.60 $0.00 $21.16 $9.78 $9.25
Total Capital
270 278 277 281 302 317 314 0.00 308 166 137
Total Debt
2.07 2.23 2.14 2.16 2.21 2.11 2.17 0.00 2.18 19 0.00
Total Long-Term Debt
2.07 2.23 2.14 0.00 0.00 0.00 0.00 0.00 2.18 19 0.00
Net Debt
-153 -153 -146 -147 -167 -172 -166 0.00 -163 -27 -43
Capital Expenditures (CapEx)
2.07 3.96 1.22 1.98 2.41 1.86 1.73 2.58 2.21 2.38 1.92
Debt-free, Cash-free Net Working Capital (DFCFNWC)
66 74 84 90 91 101 106 0.00 104 86 71
Debt-free Net Working Capital (DFNWC)
179 205 208 233 254 269 268 0.00 261 108 89
Net Working Capital (NWC)
179 205 208 231 252 267 266 0.00 261 108 89
Net Nonoperating Expense (NNE)
-0.88 -1.28 -1.17 -0.91 -0.45 -1.28 -1.06 -1.00 -0.05 0.21 -0.03
Net Nonoperating Obligations (NNO)
-153 -153 -146 -147 -167 -172 -166 0.00 -163 -27 -43
Total Depreciation and Amortization (D&A)
1.07 0.83 0.80 0.84 0.49 0.56 0.30 0.55 1.14 1.21 0.83
Debt-free, Cash-free Net Working Capital to Revenue
39.40% 44.54% 49.65% 49.59% 41.95% 37.68% 27.59% 0.00% 33.96% 31.74% 47.58%
Debt-free Net Working Capital to Revenue
106.69% 123.12% 122.65% 128.06% 116.99% 100.24% 69.66% 0.00% 85.34% 40.03% 59.65%
Net Working Capital to Revenue
106.69% 123.12% 122.65% 126.88% 115.97% 99.45% 69.09% 0.00% 85.34% 40.03% 59.65%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($0.13) ($0.06) ($0.04) ($0.40) ($0.35) $0.16 $0.33 $0.00 $0.00 $1.22 $0.93
Adjusted Weighted Average Basic Shares Outstanding
14.21M 14.58M 14.25M 14.63M 15.21M 14.98M 15.25M 0.00 0.00 13.77M 13.77M
Adjusted Diluted Earnings per Share
($0.13) ($0.06) ($0.04) ($0.40) ($0.35) $0.17 $0.33 $0.00 $0.00 $1.22 $0.92
Adjusted Weighted Average Diluted Shares Outstanding
14.21M 14.58M 14.25M 14.63M 15.21M 15.01M 15.25M 0.00 0.00 13.91M 13.90M
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
14.13M 14.29M 14.24M 14.23M 14.71M 15.25M 15.26M 0.00 0.00 13.82M 13.78M
Normalized Net Operating Profit after Tax (NOPAT)
-2.78 -2.11 -1.61 -6.82 -5.71 1.42 4.16 9.37 14 17 13
Normalized NOPAT Margin
-7.85% -4.51% -3.31% -18.47% -16.69% 2.85% 6.78% 13.04% 16.53% 10.34% 0.00%
Pre Tax Income Margin
-6.57% -2.82% -1.48% -21.66% -18.17% 6.57% 11.52% 18.57% 20.89% 13.22% 0.00%
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% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
-302.11% -268.00% 0.00% 0.00% 93.65% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Frequently Asked Questions About Clearfield's Financials

When does Clearfield's fiscal year end?

According to the most recent income statement we have on file, Clearfield's financial year ends in September. Their financial year 2024 ended on September 30, 2024.

How has Clearfield's net income changed over the last 2 years?

Clearfield's net income appears to be on a downward trend, with a most recent value of -$12.45 million in 2024, falling from $49.36 million in 2022. The previous period was $32.53 million in 2023. Find out what analysts predict for Clearfield in the coming months.

What is Clearfield's operating income?
Clearfield's total operating income in 2024 was -$23.22 million, based on the following breakdown:
  • Total Gross Profit: $28.89 million
  • Total Operating Expenses: $52.11 million
How has Clearfield revenue changed over the last 2 years?

Over the last 2 years, Clearfield's total revenue changed from $270.88 million in 2022 to $166.71 million in 2024, a change of -38.5%.

How much debt does Clearfield have?

Clearfield's total liabilities were at $39.51 million at the end of 2024, a 2.1% decrease from 2023, and a 51.5% decrease since 2022.

How much cash does Clearfield have?

In the past 2 years, Clearfield's cash and equivalents has ranged from $16.17 million in 2024 to $37.83 million in 2023, and is currently $16.17 million as of their latest financial filing in 2024.

How has Clearfield's book value per share changed over the last 2 years?

Over the last 2 years, Clearfield's book value per share changed from 10.71 in 2022 to 19.37 in 2024, a change of 80.8%.



This page (NASDAQ:CLFD) was last updated on 5/29/2025 by MarketBeat.com Staff
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