Clearfield Financials
Clearfield (CLFD) reported $150.1M in revenue for fiscal year 2025, up 19.6% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Clearfield’s cash generation is coming from working-capital release while margin recovery slowly rebuilds the income statement.
FY2025 operating cash flow of$26.6M coexisted with a net loss of-$8.1M , so cash was generated faster than earnings were repaired. That gap fits inventory dropping to$42.0M from$56.1M and lighter reinvestment, meaning the business harvested cash from a leaner balance sheet as sales recovered.
The sharpest operating change is in gross margin, which rebounded to
Even after share buybacks of
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Clearfield's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Clearfield has an operating margin of 1.4%, meaning the company retains $1 of operating profit per $100 of revenue. This results in a moderate score of 33/100, indicating healthy but not exceptional operating efficiency. This is up from -15.3% the prior year.
Clearfield's revenue surged 19.6% year-over-year to $150.1M, reflecting rapid business expansion. This strong growth earns a score of 6/100.
Clearfield carries a low D/E ratio of 0.20, meaning only $0.20 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 74/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 5.42, Clearfield holds $5.42 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 91/100.
Clearfield converts 14.5% of revenue into free cash flow ($21.8M). This strong cash generation earns a score of 70/100.
Clearfield posts a -3.1% return on equity (ROE), meaning it loses $3 for every $100 of shareholders' equity. This results in a returns score of 35/100. This is up from -4.5% the prior year.
Clearfield scores 6.18, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($378.9M) relative to total liabilities ($50.0M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Clearfield passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
Clearfield reported a net loss of $8.1M while generating $26.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Clearfield generated $150.1M in revenue in fiscal year 2025. This represents an increase of 19.6% from the prior year.
Clearfield's EBITDA was $8.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 161.9% from the prior year.
Clearfield reported -$8.1M in net income in fiscal year 2025. This represents an increase of 35.4% from the prior year.
Clearfield earned -$0.58 per diluted share (EPS) in fiscal year 2025. This represents an increase of 31.8% from the prior year.
Cash & Balance Sheet
Clearfield generated $21.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 72.3% from the prior year.
Clearfield held $21.5M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Clearfield's gross margin was 33.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 13.1 percentage points from the prior year.
Clearfield's operating margin was 1.4% in fiscal year 2025, reflecting core business profitability. This is up 16.7 percentage points from the prior year.
Clearfield's net profit margin was -5.4% in fiscal year 2025, showing the share of revenue converted to profit. This is up 4.6 percentage points from the prior year.
Clearfield's ROE was -3.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.4 percentage points from the prior year.
Capital Allocation
Clearfield invested $2.4M in research and development in fiscal year 2025. This represents a decrease of 19.3% from the prior year.
Clearfield spent $16.7M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 50.1% from the prior year.
Clearfield invested $4.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 50.4% from the prior year.
CLFD Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $153.7M | $150.1M+19.6% | $125.6M-44.4% | $225.7M-16.7% | $270.9M+92.5% | $140.8M+51.2% | $93.1M+9.5% | $85.0M+9.5% | $77.7M+5.0% | $73.9M-1.8% | $75.3M+24.8% | $60.3M+3.9% | $58.0M+8.8% | $53.4M+42.4% | $37.5M+6.5% | $35.2M |
| Cost of Revenue | $102.9M | $99.6M-0.1% | $99.7M-31.6% | $145.9M-7.6% | $157.9M+98.5% | $79.6M+44.3% | $55.2M+5.4% | $52.3M+12.2% | $46.7M+6.8% | $43.7M+3.0% | $42.4M+19.6% | $35.5M+6.0% | $33.4M+6.6% | $31.4M+41.4% | $22.2M+8.1% | $20.5M |
| Gross Profit | $50.7M | $50.5M+95.5% | $25.8M-67.6% | $79.9M-29.3% | $112.9M+84.6% | $61.2M+61.4% | $37.9M+16.0% | $32.7M+5.5% | $31.0M+2.4% | $30.3M-7.9% | $32.9M+32.2% | $24.9M+1.1% | $24.6M+11.9% | $22.0M+43.9% | $15.3M+4.3% | $14.7M |
| R&D Expenses | N/A | $2.4M-19.3% | $3.0M-3.7% | $3.1M+248.0% | $895K+268.3% | $243K-80.8% | $1.3M+16.3% | $1.1M+38.4% | $787K-9.0% | $866K+3.3% | $838K+11.7% | $750K+6.6% | $704K | N/A | N/A | N/A |
| SG&A Expenses | $51.1M | $48.4M+7.4% | $45.1M+6.6% | $42.3M-13.9% | $49.1M+36.7% | $35.9M+21.7% | $29.5M+7.4% | $27.5M+6.1% | $25.9M+3.9% | $25.0M+12.7% | $22.1M+24.3% | $17.8M+10.8% | $16.1M+10.6% | $14.5M+32.1% | $11.0M+0.2% | $11.0M |
| Operating Income | -$367K | $2.1M+111.0% | -$19.2M-151.2% | $37.6M-41.1% | $63.8M+152.9% | $25.2M+201.0% | $8.4M+61.6% | $5.2M+2.3% | $5.1M-4.5% | $5.3M-50.5% | $10.7M+52.2% | $7.1M-17.2% | $8.5M+14.4% | $7.4M+74.2% | $4.3M+15.0% | $3.7M |
| Interest Expense | N/A | N/A | $506K-42.6% | $881K+183.3% | $311K | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $1.6M | $2.4M+172.6% | -$3.2M-136.6% | $8.9M-38.6% | $14.5M+167.7% | $5.4M+190.4% | $1.9M+36.9% | $1.4M+8.5% | $1.3M-27.9% | $1.7M-39.6% | $2.9M+16.2% | $2.5M-22.2% | $3.2M+13.5% | $2.8M+184.3% | -$3.3M-43.5% | -$2.3M |
| Net Income | -$7.2M | -$8.1M+35.4% | -$12.5M-138.3% | $32.5M-34.1% | $49.4M+142.8% | $20.3M+178.7% | $7.3M+59.7% | $4.6M+6.8% | $4.3M+11.1% | $3.8M-52.0% | $8.0M+71.1% | $4.7M-13.8% | $5.4M+14.8% | $4.7M-38.5% | $7.7M+24.9% | $6.2M |
| EPS (Diluted) | — | -$0.58+31.8% | -$0.85-139.2% | $2.17-38.9% | $3.55+141.5% | $1.47+177.4% | $0.53+55.9% | $0.34+6.3% | $0.32+14.3% | $0.28-52.5% | $0.59+73.5% | $0.34-15.0% | $0.40+11.1% | $0.36-40.0% | $0.60+25.0% | $0.48 |
TTM is the trailing twelve months, Q4 FY2025 through Q3 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
CLFD Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $306.2M-2.9% | $315.3M-11.3% | $355.5M+55.2% | $229.1M+82.0% | $125.9M+32.1% | $95.3M+16.4% | $81.9M+10.3% | $74.2M+6.8% | $69.5M-1.6% | $70.6M+22.5% | $57.6M+11.1% | $51.8M+11.7% | $46.4M+23.0% | $37.7M+24.5% | $30.3M |
| Current Assets | $198.5M-13.5% | $229.6M-22.5% | $296.3M+85.0% | $160.1M+123.9% | $71.5M+36.1% | $52.5M+23.6% | $42.5M+3.4% | $41.1M-0.1% | $41.1M-19.5% | $51.1M+25.4% | $40.8M+7.1% | $38.0M+11.2% | $34.2M+50.4% | $22.7M+12.2% | $20.3M |
| Cash & Equivalents | $21.5M+51.9% | $14.1M-62.6% | $37.8M+127.2% | $16.6M+26.0% | $13.2M-19.7% | $16.4M+63.2% | $10.1M+17.9% | $8.5M-53.9% | $18.5M-33.8% | $28.0M+55.0% | $18.1M-0.7% | $18.2M+85.5% | $9.8M+72.7% | $5.7M-49.7% | $11.3M |
| Inventory | $42.0M-25.1% | $56.1M-42.8% | $98.1M+19.3% | $82.2M+198.7% | $27.5M+91.0% | $14.4M+59.9% | $9.0M-10.3% | $10.1M+18.9% | $8.5M+1.0% | $8.4M+16.6% | $7.2M+33.3% | $5.4M-4.2% | $5.6M+89.4% | $3.0M+7.8% | $2.8M |
| Accounts Receivable | $18.0M+30.0% | $13.8M-51.2% | $28.4M-47.1% | $53.7M+176.3% | $19.4M+85.2% | $10.5M+15.1% | $9.1M-28.9% | $12.8M+77.1% | $7.2M-9.5% | $8.0M+33.1% | $6.0M+19.6% | $5.0M-35.8% | $7.8M+159.3% | $3.0M-6.4% | $3.2M |
| Goodwill | $4.7M-28.9% | $6.6M+1.5% | $6.5M+2.0% | $6.4M+36.0% | $4.7M0.0% | $4.7M0.0% | $4.7M0.0% | $4.7M+83.2% | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M0.0% | $2.6M |
| Total Liabilities | $50.0M+26.6% | $39.5M-2.1% | $40.4M-50.5% | $81.5M+269.2% | $22.1M+76.1% | $12.5M+80.4% | $7.0M+29.9% | $5.4M+7.7% | $5.0M-37.9% | $8.0M+26.0% | $6.3M+24.4% | $5.1M-19.5% | $6.3M+107.4% | $3.1M-25.0% | $4.1M |
| Current Liabilities | $36.6M+50.3% | $24.4M-16.0% | $29.0M-43.9% | $51.7M+152.5% | $20.5M+96.6% | $10.4M+57.6% | $6.6M+32.7% | $5.0M+17.4% | $4.2M-42.2% | $7.3M+45.8% | $5.0M-1.3% | $5.1M-19.2% | $6.3M+109.3% | $3.0M-24.8% | $4.0M |
| Long-Term Debt | N/A | $2.2M | $0-100.0% | $18.7M | $0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $256.2M-7.1% | $275.8M-12.5% | $315.2M+113.6% | $147.6M+42.1% | $103.8M+25.5% | $82.8M+10.4% | $74.9M+8.8% | $68.9M+6.7% | $64.5M+3.1% | $62.6M+22.1% | $51.3M+9.7% | $46.7M+16.6% | $40.1M+15.5% | $34.7M+32.2% | $26.2M |
| Retained Earnings | $106.9M-7.0% | $115.0M-9.7% | $127.3M+34.3% | $94.8M+108.6% | $45.4M+80.9% | $25.1M+40.9% | $17.8M+34.4% | $13.3M+47.6% | $9.0M+75.0% | $5.1M+208.1% | -$4.7M+49.7% | -$9.4M+36.6% | -$14.9M+24.2% | -$19.6M+28.2% | -$27.3M |
CLFD Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $11.5M | $26.6M+19.5% | $22.2M+20.6% | $18.4M+715.9% | $2.3M-79.3% | $10.9M+63.8% | $6.7M-54.8% | $14.7M+224.0% | $4.5M-27.8% | $6.3M-45.5% | $11.6M+68.7% | $6.8M-40.6% | $11.5M+165.7% | $4.3M+13.4% | $3.8M-27.8% | $5.3M |
| Capital Expenditures | $4.1M | $4.7M-50.4% | $9.6M+24.5% | $7.7M-9.6% | $8.5M+315.4% | $2.0M+13.3% | $1.8M-28.1% | $2.5M+111.1% | $1.2M-41.1% | $2.0M+30.4% | $1.6M-65.7% | $4.5M+218.6% | $1.4M+39.3% | $1.0M+85.0% | $551K-26.2% | $746K |
| Free Cash Flow | $7.3M | $21.8M+72.3% | $12.7M+17.8% | $10.7M+272.1% | -$6.2M-170.5% | $8.9M+82.6% | $4.8M-60.3% | $12.2M+264.0% | $3.4M-21.5% | $4.3M-57.2% | $10.0M+329.4% | $2.3M-77.0% | $10.1M+204.5% | $3.3M+1.4% | $3.3M-28.0% | $4.6M |
| Investing Cash Flow | N/A | N/A | -$6.9M+93.9% | -$112.2M-1269.4% | -$8.2M+39.7% | -$13.6M-33070.7% | -$41K+99.7% | -$13.0M-2.8% | -$12.6M-9.3% | -$11.5M-602.9% | -$1.6M+71.4% | -$5.7M-60.2% | -$3.6M-3051.1% | -$114K+98.8% | -$9.7M-2425.2% | $418K |
| Financing Cash Flow | N/A | N/A | -$36.9M-132.1% | $115.0M+1123.8% | $9.4M+1853.2% | -$536K-117.0% | -$247K-4.4% | -$237K+87.7% | -$1.9M+54.5% | -$4.2M-13351.4% | $32K+102.6% | -$1.2M-377.7% | $441K+562.0% | -$95K-133.5% | $285K+1.6% | $280K |
| Share Buybacks | $13.5M | $16.7M-50.1% | $33.4M | $0 | $0 | $0-100.0% | $429K | N/A | $1.8M-51.7% | $3.6M+992.8% | $334K-60.7% | $849K | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
TTM is the trailing twelve months, Q4 FY2025 through Q3 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
CLFD Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 33.7%+13.1pp | 20.6%-14.8pp | 35.4%-6.3pp | 41.7%-1.8pp | 43.5%+2.7pp | 40.7%+2.3pp | 38.4%-1.5pp | 39.9%-1.0pp | 40.9%-2.7pp | 43.7%+2.4pp | 41.2%-1.2pp | 42.4%+1.2pp | 41.2%+0.4pp | 40.8%-0.9pp | 41.6% |
| Operating Margin | 1.4%+16.7pp | -15.3%-32.0pp | 16.7%-6.9pp | 23.6%+5.6pp | 17.9%+8.9pp | 9.0%+2.9pp | 6.1%-0.4pp | 6.5%-0.7pp | 7.2%-7.1pp | 14.2%+2.6pp | 11.7%-3.0pp | 14.7%+0.7pp | 14.0%+2.5pp | 11.4%+0.8pp | 10.6% |
| Net Margin | -5.4%+4.6pp | -9.9%-24.3pp | 14.4%-3.8pp | 18.2%+3.8pp | 14.4%+6.6pp | 7.8%+2.5pp | 5.4%-0.1pp | 5.5%+0.3pp | 5.2%-5.4pp | 10.6%+2.9pp | 7.8%-1.6pp | 9.4%+0.5pp | 8.9%-11.7pp | 20.5%+3.0pp | 17.5% |
| Return on Equity | -3.1%+1.4pp | -4.5%-14.8pp | 10.3%-23.1pp | 33.5%+13.9pp | 19.6%+10.8pp | 8.8%+2.7pp | 6.1%-0.1pp | 6.2%+0.3pp | 6.0%-6.8pp | 12.8%+3.7pp | 9.1%-2.5pp | 11.6%-0.2pp | 11.8%-10.4pp | 22.2%-1.3pp | 23.5% |
| Return on Assets | -2.6%+1.3pp | -4.0%-13.1pp | 9.2%-12.4pp | 21.5%+5.4pp | 16.1%+8.5pp | 7.6%+2.1pp | 5.6%-0.2pp | 5.8%+0.2pp | 5.5%-5.8pp | 11.3%+3.2pp | 8.1%-2.4pp | 10.5%+0.3pp | 10.2%-10.2pp | 20.4%+0.1pp | 20.3% |
| Current Ratio | 5.42-4.0x | 9.43-0.8x | 10.21+7.1x | 3.10-0.4x | 3.49-1.6x | 5.04-1.4x | 6.43-1.8x | 8.25-1.4x | 9.70+2.7x | 6.96-1.1x | 8.09+0.6x | 7.46+2.0x | 5.42-2.1x | 7.54+2.5x | 5.06 |
| Debt-to-Equity | 0.20+0.2x | 0.010.0x | 0.00-0.1x | 0.13+0.1x | 0.00-0.2x | 0.15+0.1x | 0.090.0x | 0.080.0x | 0.08-0.1x | 0.130.0x | 0.120.0x | 0.110.0x | 0.16+0.1x | 0.09-0.1x | 0.16 |
| FCF Margin | 14.5%+4.5pp | 10.1%+5.3pp | 4.8%+7.1pp | -2.3%-8.6pp | 6.3%+1.1pp | 5.2%-9.2pp | 14.4%+10.0pp | 4.3%-1.5pp | 5.8%-7.5pp | 13.3%+9.4pp | 3.9%-13.6pp | 17.4%+11.2pp | 6.2%-2.5pp | 8.7%-4.2pp | 12.9% |
Similar Companies
Where Clearfield Ranks
Frequently Asked Questions
What is Clearfield's annual revenue?
Clearfield (CLFD) reported $150.1M in total revenue for fiscal year 2025. This represents a 19.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Clearfield's revenue growing?
Clearfield (CLFD) revenue grew by 19.6% year-over-year, from $125.6M to $150.1M in fiscal year 2025.
Is Clearfield profitable?
No, Clearfield (CLFD) reported a net income of -$8.1M in fiscal year 2025, with a net profit margin of -5.4%.
What is Clearfield's EBITDA?
Clearfield (CLFD) had EBITDA of $8.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Clearfield's gross margin?
Clearfield (CLFD) had a gross margin of 33.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Clearfield's operating margin?
Clearfield (CLFD) had an operating margin of 1.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Clearfield's net profit margin?
Clearfield (CLFD) had a net profit margin of -5.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Clearfield's return on equity (ROE)?
Clearfield (CLFD) has a return on equity of -3.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Clearfield's free cash flow?
Clearfield (CLFD) generated $21.8M in free cash flow during fiscal year 2025. This represents a 72.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Clearfield's operating cash flow?
Clearfield (CLFD) generated $26.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Clearfield's total assets?
Clearfield (CLFD) had $306.2M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Clearfield's capital expenditures?
Clearfield (CLFD) invested $4.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Clearfield spend on research and development?
Clearfield (CLFD) invested $2.4M in research and development during fiscal year 2025.
What is Clearfield's current ratio?
Clearfield (CLFD) had a current ratio of 5.42 as of fiscal year 2025, which is generally considered healthy.
What is Clearfield's debt-to-equity ratio?
Clearfield (CLFD) had a debt-to-equity ratio of 0.20 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Clearfield's return on assets (ROA)?
Clearfield (CLFD) had a return on assets of -2.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Clearfield's Altman Z-Score?
Clearfield (CLFD) has an Altman Z-Score of 6.18, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Clearfield's Piotroski F-Score?
Clearfield (CLFD) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Clearfield's earnings high quality?
Clearfield (CLFD) reported a net loss of $8.1M while generating $26.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Clearfield?
Clearfield (CLFD) scores 52 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.