CLFD
Clearfield, Inc.
Price Chart
Latest Quote
$40.45
| Previous Close | $38.88 |
| Open | $39.81 |
| Day High | $40.54 |
| Day Low | $39.01 |
| Volume | 254,341 |
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 |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $457.06M |
| Sales | $148.55M |
| Income | $3.31M |
| Book/sh | $17.83 |
| Cash/sh | $6.70 |
| Employees | 243 |
Financial Ratios
| Quick Ratio | 8.82 |
| Current Ratio | 12.84 |
| Debt/Eq | 4.50 |
Returns & Margins
| ROA | -0.31% |
| ROE | 1.30% |
| Gross Margin | 33.96% |
| Operating Margin | -6.02% |
| Profit Margin | -5.80% |
Ownership
| Insider Ownership | 18.17% |
| Institutional Ownership | 61.16% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 27.90 |
| P/S | 3.70 |
| P/B | 2.27 |
Analyst Data
| Recommendation | none |
| Target Price | $43.75 |
Technical Indicators
| SMA20 | $43.07 |
| SMA50 | $37.45 |
| SMA200 | $32.96 |
| RSI | 32.90 |
| ATR | 3.0571 |
| Shares Float | 10.34M |
| Short Float | 15.53% |
| Short Ratio | 3.82 |
| Volatility | 2.09 |
| Rel Volume | 0.72 |
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% |
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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.
đ° Latest News
Clearfield (CLFD) Rebuilt an Entire Island Nationâs Fiber Network in a Matter of Weeks
Insider Monkey âĸ 2026-05-31T12:17:51ZHigh Growth Tech Stocks in the US for May 2026
Simply Wall St. âĸ 2026-05-26T17:38:33ZSpotlight On 3 Growth Companies With Strong Insider Stakes
Simply Wall St. âĸ 2026-05-26T17:36:03ZDo Options Traders Know Something About Clearfield Stock We Don't?
Zacks âĸ 2026-05-21T13:48:00ZClearfield (CLFD) Expects NOVA Platform Shipments to Begin in Second Half
Insider Monkey âĸ 2026-05-18T19:16:22ZClearfield: Strip Out the Cash and the Math Gets Interesting
GuruFocus.com âĸ 2026-05-15T10:15:29ZClearfield Sees Fiber Demand Stabilizing as Bookings Rise, Data Center Prospects Build
MarketBeat âĸ 2026-05-12T15:10:30ZClearfield (CLFD) Q2 2026 Earnings Transcript
Motley Fool âĸ 2026-05-07T15:40:38ZClearfield Q2 Earnings Call Highlights
MarketBeat âĸ 2026-05-07T00:07:44ZClearfield (CLFD) Reports Q2 Loss, Tops Revenue Estimates
Zacks âĸ 2026-05-06T21:25:04ZIncome 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 |
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 |
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 |