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CLFD

Clearfield, Inc.

Price Chart
Latest Quote

$40.45

+1.57 (+4.04%)
Current Price
Previous Close $38.88
Open $39.81
Day High $40.54
Day Low $39.01
Volume 254,341
Fetched: 2026-06-19T10:10:27
Stock Information
Shares Outstanding 13.59M
Total Debt $10.94M
Cash Equivalents $91.07M
Revenue $148.55M
Net Income $3.31M
Sector Technology
Industry Communication Equipment
Market Cap $549.69M
P/E Ratio 175.87
EPS (TTM) $0.23
Exchange NGM
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📊 Comprehensive Analysis
Company Data
Enterprise Value$457.06M
Sales$148.55M
Income$3.31M
Book/sh$17.83
Cash/sh$6.70
Employees243
Financial Ratios
Quick Ratio8.82
Current Ratio12.84
Debt/Eq4.50
Returns & Margins
ROA-0.31%
ROE1.30%
Gross Margin33.96%
Operating Margin-6.02%
Profit Margin-5.80%
Ownership
Insider Ownership18.17%
Institutional Ownership61.16%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E27.90
P/S3.70
P/B2.27
Analyst Data
Recommendationnone
Target Price$43.75
Technical Indicators
SMA20$43.07
SMA50$37.45
SMA200$32.96
RSI32.90
ATR3.0571
Shares Float10.34M
Short Float15.53%
Short Ratio3.82
Volatility2.09
Rel Volume0.72
Performance History
Week+1.15%
Month-2.93%
Quarter+42.63%
6 Months+34.79%
YTD+37.17%
Year+5.42%
3 Years-15.27%
5 Years-3.35%
10 Years+118.53%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-18 $40.45 255,000
2026-06-17 $38.88 161,600
2026-06-16 $39.53 160,600
2026-06-15 $40.09 244,000
2026-06-12 $39.43 238,200
2026-06-11 $39.99 338,400
2026-06-10 $37.79 266,500
2026-06-09 $39.37 204,500
2026-06-08 $41.10 205,900
2026-06-05 $40.04 418,200
2026-06-04 $44.49 280,100
2026-06-03 $45.13 416,400
2026-06-02 $48.19 350,400
2026-06-01 $48.24 349,900
2026-05-29 $47.22 439,700
2026-05-28 $46.70 633,600
2026-05-27 $51.26 1,072,100
2026-05-26 $47.04 518,900
2026-05-22 $43.73 327,200
2026-05-21 $42.78 178,000
2026-05-20 $42.20 252,100
2026-05-19 $41.67 382,300
About Clearfield, Inc.

Clearfield, Inc., together with its subsidiaries, designs, manufactures, and distributes fiber management, protection, and delivery products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical component integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and FiberFlex, an outdoor active cabinet for mounting and configuration of electronic equipment. It also provides CraftSmart FiberFirst pedestals, an access terminal that offers cable management and mounting bracket kit that support the deployment of access terminals; YOURx, an access terminal that provides flexibility with cable mid-span and internal splicing options; FieldShield, a fiber pathway and protection method for reducing the cost of broadband deployment; Fiber Assemblies used for industry-standard or customer-specified configurations; and ClearPass Connector Cleaning Dust Cap, which simplifies fiber connector cleaning while enhancing network performance. In addition, the company offers fiber to the premise, fiber to the business, DC interconnect/campus network, meet-me room, main distribution area, and white space. Further, it provides metro core, backhaul, indoor/outdoor DAS, small cells, and FTT-cell site. The company serves various service providers, including national carriers, community broadband, multiple system operators, legacy build-to-print copper and fiber assemblies, large enterprises, and original equipment manufacturer markets. It sells its products through sales force and authorized distributors. The company was formerly known as APA Enterprises, Inc. and changed its name to Clearfield, Inc. in January 2008. Clearfield, Inc. was incorporated in 1979 and is headquartered in Minneapolis, Minnesota.

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Income Statement (Annual)
Metric 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Revenue
Reconciled Cost Of Revenue $99,597,000 $99,721,000 $145,865,000 $157,936,000
Cost Of Revenue $99,597,000 $99,721,000 $145,865,000 $157,936,000
Total Revenue $150,134,000 $125,568,000 $225,722,000 $270,883,000
Operating Revenue $150,134,000 $125,568,000 $225,722,000 $270,883,000
Expenses
Interest Expense $0 $0 $170,000 $311,000
Total Expenses $148,016,000 $144,802,000 $188,145,000 $207,066,000
Other Income Expense $6,549,000 $7,472,000 $5,199,000 $328,000
Net Non Operating Interest Income Expense $0 $0 $-170,000 $-311,000
Interest Expense Non Operating $0 $0 $170,000 $311,000
Operating Expense $48,419,000 $45,081,000 $42,280,000 $49,130,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $6,310,000 $-8,514,000 $33,723,000 $49,362,000
Net Interest Income $0 $0 $-170,000 $-311,000
Normalized Income $1,542,328 $-13,923,728 $29,610,591 $49,108,456
Net Income From Continuing And Discontinued Operation $-8,050,000 $-12,453,000 $32,533,000 $49,362,000
Total Operating Income As Reported $2,118,000 $-19,234,000 $37,577,000 $63,817,000
Net Income Common Stockholders $-8,050,000 $-12,453,000 $32,533,000 $49,362,000
Net Income $-8,050,000 $-12,453,000 $32,533,000 $49,362,000
Net Income Including Noncontrolling Interests $-8,050,000 $-12,453,000 $32,533,000 $49,362,000
Net Income Discontinuous Operations $-14,360,000 $-3,939,000 $-1,190,000 -
Net Income Continuous Operations $6,310,000 $-8,514,000 $33,723,000 $49,362,000
Pretax Income $8,667,000 $-11,762,000 $42,606,000 $63,834,000
Operating Income $2,118,000 $-19,234,000 $37,577,000 $63,817,000
Gross Profit $50,537,000 $25,847,000 $79,857,000 $112,947,000
Interest Income - - - -
Interest Income Non Operating - - - -
Per Share
Diluted EPS $-0.58 $-0.85 $2.17 $3.55
Basic EPS $-0.58 $-0.85 $2.17 $3.58
Other
Tax Effect Of Unusual Items $1,781,328 $2,062,272 $1,086,591 $74,456
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $8,239,000 $-13,310,000 $42,172,000 $67,243,000
Total Unusual Items $6,549,000 $7,472,000 $5,199,000 $328,000
Total Unusual Items Excluding Goodwill $6,549,000 $7,472,000 $5,199,000 $328,000
Reconciled Depreciation $6,121,000 $5,924,000 $4,595,000 $3,426,000
EBITDA (Bullshit earnings) $14,788,000 $-5,838,000 $47,371,000 $67,571,000
EBIT $8,667,000 $-11,762,000 $42,776,000 $64,145,000
Diluted Average Shares $13,989,489 $14,582,450 $15,012,527 $13,905,984
Basic Average Shares $13,989,489 $14,582,450 $14,975,972 $13,771,665
Diluted NI Availto Com Stockholders $-8,050,000 $-12,453,000 $32,533,000 $49,362,000
Tax Provision $2,357,000 $-3,248,000 $8,883,000 $14,472,000
Gain On Sale Of Security $6,549,000 $7,472,000 $5,199,000 $328,000
Selling General And Administration $48,419,000 $45,081,000 $42,280,000 $49,130,000
Fetched: 2026-06-16
Balance Sheet (Annual)
Metric 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Assets
Net Tangible Assets $242,101,000 $266,383,000 $302,543,000 $134,803,000
Total Assets $306,173,000 $315,275,000 $355,517,000 $229,128,000
Total Non Current Assets $107,685,000 $85,680,000 $59,262,000 $69,007,000
Other Non Current Assets $5,436,000 $18,832,000 $1,872,000 $582,000
Non Current Deferred Assets $10,263,000 $6,135,000 $3,039,000 $1,414,000
Non Current Deferred Taxes Assets $10,263,000 $6,135,000 $3,039,000 $1,414,000
Investmentin Financial Assets $59,822,000 $24,505,000 $6,343,000 $22,747,000
Goodwill And Other Intangible Assets $14,062,000 $9,380,000 $12,620,000 $12,779,000
Other Intangible Assets $9,353,000 $4,671,000 $6,092,000 $6,377,000
Current Assets $198,488,000 $229,595,000 $296,255,000 $160,122,000
Other Current Assets $11,152,000 $10,528,000 $1,695,000 $1,758,000
Assets Held For Sale Current $21,337,000 $20,155,000 - -
Inventory $42,031,000 $56,096,000 $98,055,000 $82,208,000
Receivables $17,991,000 $13,843,000 $28,392,000 $53,704,000
Accounts Receivable $17,991,000 $13,843,000 $28,392,000 $53,704,000
Allowance For Doubtful Accounts Receivable $-79,000 $-79,000 $-79,000 $-79,000
Gross Accounts Receivable $18,070,000 $13,922,000 $28,471,000 $53,783,000
Cash Cash Equivalents And Short Term Investments $105,977,000 $128,973,000 $168,113,000 $22,452,000
Cash And Cash Equivalents $21,493,000 $14,148,000 $37,827,000 $16,650,000
Debt
Total Debt $8,757,000 $11,289,000 $16,478,000 $32,463,000
Long Term Debt And Capital Lease Obligation $5,934,000 $8,757,000 $10,629,000 $29,078,000
Current Debt And Capital Lease Obligation $2,823,000 $2,532,000 $5,849,000 $3,385,000
Long Term Debt - $2,228,000 - $18,666,000
Current Debt - - $2,112,000 $4,391,000
Other Current Borrowings - - $2,112,000 $4,391,000
Net Debt - - - $2,016,000
Liabilities
Total Liabilities Net Minority Interest $50,010,000 $39,512,000 $40,354,000 $81,546,000
Total Non Current Liabilities Net Minority Interest $13,407,000 $15,160,000 $11,350,000 $29,852,000
Liabilities Heldfor Sale Non Current $7,473,000 $6,403,000 - -
Current Liabilities $36,603,000 $24,352,000 $29,004,000 $51,694,000
Other Current Liabilities $17,957,000 $12,065,000 $6,289,000 $4,391,000
Payables And Accrued Expenses $9,225,000 $5,046,000 $11,295,000 $30,299,000
Payables $7,028,000 $2,783,000 $8,891,000 $24,118,000
Accounts Payable $7,028,000 $2,783,000 $8,891,000 $24,118,000
Non Current Deferred Liabilities - $161,000 $721,000 $774,000
Non Current Deferred Taxes Liabilities - $161,000 $721,000 $774,000
Equity
Common Stock Equity $256,163,000 $275,763,000 $315,163,000 $147,582,000
Total Equity Gross Minority Interest $256,163,000 $275,763,000 $315,163,000 $147,582,000
Stockholders Equity $256,163,000 $275,763,000 $315,163,000 $147,582,000
Gains Losses Not Affecting Retained Earnings $1,731,000 $1,079,000 $-544,000 $-1,898,000
Other Equity Adjustments $1,731,000 $1,079,000 $-544,000 $-1,898,000
Retained Earnings $106,912,000 $114,962,000 $127,336,000 $94,803,000
Other
Ordinary Shares Number $13,839,675 $14,229,107 $15,254,725 $13,818,452
Share Issued $13,839,675 $14,229,107 $15,254,725 $13,818,452
Tangible Book Value $242,101,000 $266,383,000 $302,543,000 $134,803,000
Invested Capital $256,163,000 $275,763,000 $317,275,000 $166,248,000
Working Capital $161,885,000 $205,243,000 $267,251,000 $108,428,000
Capital Lease Obligations $8,757,000 $11,289,000 $14,366,000 $13,797,000
Total Capitalization $256,163,000 $275,763,000 $315,163,000 $166,248,000
Additional Paid In Capital $147,382,000 $159,580,000 $188,218,000 $54,539,000
Capital Stock $138,000 $142,000 $153,000 $138,000
Common Stock $138,000 $142,000 $153,000 $138,000
Preferred Stock $0 $0 $0 $0
Long Term Capital Lease Obligation $5,934,000 $8,757,000 $10,629,000 $10,412,000
Current Capital Lease Obligation $2,823,000 $2,532,000 $3,737,000 $3,385,000
Pensionand Other Post Retirement Benefit Plans Current $6,598,000 $4,709,000 $5,571,000 $13,619,000
Current Accrued Expenses $2,197,000 $2,263,000 $2,404,000 $6,181,000
Investments And Advances $59,822,000 $24,505,000 $6,343,000 $22,747,000
Available For Sale Securities $59,822,000 $24,505,000 $6,343,000 $22,747,000
Goodwill $4,709,000 $4,709,000 $6,528,000 $6,402,000
Net PPE $18,102,000 $26,828,000 $35,388,000 $31,485,000
Accumulated Depreciation $-21,224,000 $-18,046,000 $-15,613,000 $-11,418,000
Gross PPE $39,326,000 $44,874,000 $51,001,000 $42,903,000
Leases $6,259,000 $6,078,000 $6,107,000 $5,000,000
Construction In Progress $2,464,000 $6,287,000 $2,447,000 $1,715,000
Other Properties $25,596,000 $28,030,000 $37,441,000 $31,674,000
Machinery Furniture Equipment $5,007,000 $4,479,000 $5,006,000 $4,514,000
Properties $0 $0 $0 $0
Inventories Adjustments Allowances $-12,438,000 $-14,709,000 $-6,760,000 $-2,329,000
Finished Goods $14,107,000 $19,524,000 $29,696,000 $10,803,000
Work In Process $2,369,000 $1,088,000 $1,462,000 $4,592,000
Raw Materials $37,993,000 $50,193,000 $73,657,000 $69,142,000
Other Short Term Investments $84,484,000 $114,825,000 $130,286,000 $5,802,000
Line Of Credit - - - $4,391,000
Fetched: 2026-06-16
Cash Flow Statement (Annual)
Metric 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Free Cash Flow
Free Cash Flow $21,810,000 $9,785,000 $17,157,000 $-6,890,000
Operating Activities
Operating Cash Flow $26,553,000 $17,770,000 $24,596,000 $2,258,000
Cash Flow From Continuing Operating Activities $26,553,000 $17,770,000 $24,596,000 $2,258,000
Operating Gains Losses $-284,000 $10,000 $3,000 $13,000
Investing Activities
Capital Expenditure $-4,743,000 $-7,985,000 $-7,439,000 $-9,148,000
Investing Cash Flow $-7,048,000 $-5,269,000 $-111,302,000 $-8,197,000
Cash Flow From Continuing Investing Activities $-7,048,000 $-5,269,000 $-111,302,000 $-8,197,000
Financing Activities
Repurchase Of Capital Stock $-17,147,000 $-33,867,000 $-1,220,000 $-1,406,000
Issuance Of Capital Stock $595,000 $586,000 $130,873,000 $544,000
Financing Cash Flow $-17,241,000 $-33,289,000 $113,416,000 $9,397,000
Cash Flow From Continuing Financing Activities $-17,241,000 $-33,289,000 $113,416,000 $9,397,000
Net Common Stock Issuance $-16,552,000 $-33,281,000 $129,653,000 $-862,000
Common Stock Issuance $595,000 $586,000 $130,873,000 $544,000
Net Other Financing Charges - - - $-5,183,000
Other
Repayment Of Debt $0 $0 $-16,700,000 $-1,258,000
Interest Paid Supplemental Data $0 $0 $170,000 $119,000
Income Tax Paid Supplemental Data $1,670,000 $160,000 $12,760,000 $13,744,000
End Cash Position $21,493,000 $14,148,000 $35,827,000 $16,650,000
Beginning Cash Position $14,148,000 $35,827,000 $15,661,000 $13,216,000
Effect Of Exchange Rate Changes $980,000 $-100,000 $-1,013,000 $-24,000
Changes In Cash $6,365,000 $-21,579,000 $21,179,000 $3,458,000
Cash Flow From Discontinued Operation $4,101,000 $-791,000 $-5,531,000 -
Proceeds From Stock Option Exercised $-689,000 $-8,000 $463,000 $-5,183,000
Common Stock Payments $-17,147,000 $-33,867,000 $-1,220,000 $-1,406,000
Net Issuance Payments Of Debt $0 $0 $-16,700,000 $15,442,000
Net Long Term Debt Issuance $0 $0 $-16,700,000 $15,442,000
Long Term Debt Payments $0 $0 $-16,700,000 $-1,258,000
Net Investment Purchase And Sale $-3,208,000 $2,671,000 $-103,863,000 $17,138,000
Sale Of Investment $115,866,000 $162,064,000 $107,060,000 $17,386,000
Purchase Of Investment $-119,074,000 $-159,393,000 $-210,923,000 $-248,000
Net PPE Purchase And Sale $-3,840,000 $-7,940,000 $-7,439,000 $-9,148,000
Sale Of PPE $903,000 $45,000 $0 -
Purchase Of PPE $-4,743,000 $-7,985,000 $-7,439,000 $-9,148,000
Change In Working Capital $15,830,000 $23,739,000 $-11,789,000 $-52,501,000
Change In Other Current Assets $173,000 $-9,456,000 $-309,000 $-282,000
Change In Payables And Accrued Expense $5,562,000 $264,000 $-27,425,000 $15,759,000
Change In Inventory $13,643,000 $26,458,000 $-11,145,000 $-43,744,000
Change In Receivables $-3,548,000 $6,473,000 $27,090,000 $-24,234,000
Changes In Account Receivables $-3,548,000 $6,473,000 $27,090,000 $-24,234,000
Stock Based Compensation $4,597,000 $4,375,000 $3,578,000 $2,339,000
Amortization Of Securities $-1,777,000 $-4,406,000 $-3,512,000 $-42,000
Deferred Tax $-4,244,000 $-3,358,000 $-2,002,000 $-326,000
Deferred Income Tax $-4,244,000 $-3,358,000 $-2,002,000 $-326,000
Depreciation Amortization Depletion $6,121,000 $5,924,000 $4,595,000 $3,426,000
Depreciation And Amortization $6,121,000 $5,924,000 $4,595,000 $3,426,000
Net Income From Continuing Operations $6,310,000 $-8,514,000 $33,723,000 $49,362,000
Issuance Of Debt - $2,171,000 $1,586,000 $16,700,000
Long Term Debt Issuance - $2,171,000 $1,586,000 $16,700,000
Net Business Purchase And Sale - $0 $0 $-16,187,000
Purchase Of Business - $0 $0 $-16,187,000
Amortization Cash Flow - $1,567,000 $1,128,000 $766,000
Amortization Of Intangibles - $1,567,000 $1,128,000 $766,000
Depreciation - $5,815,000 $4,915,000 $2,647,000
Provisionand Write Offof Assets - - $0 $0
Net Short Term Debt Issuance - - - $16,700,000
Short Term Debt Issuance - - - $16,700,000
Fetched: 2026-06-16