Clearfield (CLFD) Financials: Revenue & Earnings
CLFD$31.43+0.79 +2.59%
$426.99M
Market Cap
-53.86
P/E
35.19
Forward P/E
—
Score
Clearfield (CLFD) Financials: Revenue & Earnings
CLFD price $31.43 +0.79 +2.59%
- Ticker
- CLFD
- Price
- $31.43
- Change
- +0.79 +2.59%
- Market cap ?
- $426.99M
- P/E ?
- -53.86
- Forward P/E ?
- 35.19
- Dividend yield ?
- 0.00%
- Beta ?
- 2.14
- Sector
- Technology
- Industry
- Communication Equipment
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 75287726 | 73947619 | 77651354 | 85034182 | 93074514 | 140755399 | 270883000 | 225722000 | 125568000 | 150134000 |
Clearfield, Inc. specializes in the development, manufacturing, and global distribution of both standard and customized passive fiber optic connectivity solutions. These products cater to a diverse clientele, including entities engaged in fiber-to-the-premises (FTTP) deployments, enterprise networks, and original equipment manufacturers (OEMs) across the United States and internationally. The company's extensive…
Fair value
CLFD fair value $22.14. Price $31.43. Price is 42% above fair value.
Above fair value, and more expensive than usual. A larger premium than on 65% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 17.62M. Growth 1.89%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 2.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 13.58M. Net debt -12.74M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-10 | — | 0.06 | — | 40.38M |
| 2026-08-05 | 0.22 | 0.19 | 43.86M | 43.92M |
| 2026-05-06 | -0.04 | -0.04 | 34.39M | 33.58M |
| 2026-02-04 | -0.02 | -0.04 | 34.34M | 31.70M |
| 2025-11-25 | 0.13 | 0.09 | 41.10M | 49.55M |
| 2025-08-06 | 0.11 | 0.05 | 49.90M | 47.58M |
| 2025-05-08 | 0.09 | -0.19 | 47.17M | 38.52M |
| 2025-02-06 | -0.13 | -0.29 | 35.48M | 35.77M |
| 2024-11-07 | -0.06 | -0.19 | 46.77M | 41.95M |
| 2024-08-01 | -0.04 | -0.34 | 48.79M | 42.12M |
| 2024-05-02 | -0.40 | -0.53 | 36.91M | 31.25M |
| 2024-02-01 | -0.35 | -0.40 | 34.23M | 29.88M |
| 2023-11-09 | 0.17 | 0.09 | 49.69M | 48.76M |
| 2023-08-03 | 0.33 | 0.09 | 61.28M | 53.82M |
| 2023-05-04 | 0.67 | 0.55 | 71.81M | 69.38M |
| 2023-02-02 | 1.00 | 0.97 | 85.94M | 83.65M |
| 2022-11-17 | 1.22 | 0.88 | 95.03M | 71.42M |
| 2022-07-28 | 0.92 | 0.67 | 71.25M | 54.57M |
| 2022-04-28 | 0.66 | 0.52 | 53.49M | 44.10M |
| 2022-01-27 | 0.75 | 0.49 | 51.10M | 41.27M |
| 2021-11-04 | 0.53 | 0.41 | 45.24M | 37.25M |
| 2021-07-22 | 0.44 | 0.29 | 38.74M | 37.25M |
| 2021-04-22 | 0.27 | 0.16 | 29.69M | 20.17M |
| 2021-01-28 | 0.23 | 0.15 | 27.09M | 23.21M |
| 2020-11-04 | 0.22 | 0.18 | 27.32M | 57.95M |
| 2020-07-23 | 0.22 | 0.08 | 25.97M | 9.44M |
| 2020-04-23 | 0.05 | 0.05 | 20.41M | 16.33M |
| 2020-01-23 | 0.04 | 0.05 | 19.38M | 24.22M |
| 2019-11-07 | 0.14 | 0.11 | 23.97M | 17.12M |
| 2019-07-25 | 0.10 | 0.09 | 21.89M | 19.70M |
| 2019-04-25 | 0.02 | 0.03 | 19.08M | 38.17M |
| 2019-01-31 | 0.08 | 0.05 | 20.09M | 12.56M |
| 2018-11-08 | 0.14 | 0.05 | 22.47M | 18.54M |
| 2018-07-26 | 0.13 | 0.08 | 21.48M | 13.22M |
| 2018-04-26 | -0.02 | 0.03 | 16.83M | 8.41M |
| 2018-01-25 | 0.07 | 0.06 | 16.87M | 16.87M |
| 2017-11-09 | 0.09 | 0.06 | 18.42M | 14.33M |
| 2017-07-27 | 0.06 | 0.12 | 19.61M | 26.15M |
| 2017-04-27 | 0.07 | 0.10 | 17.65M | 25.21M |
| 2017-01-26 | 0.06 | 0.09 | 18.27M | 27.41M |
Dividends
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-07-01 | Beranek Cheryl | Sell | 1.78K | $40.06 | 71.23K |
| 2026-06-30 | HERZOG DANIEL R | Buy | 752 | $24.78 | 18.63K |
| 2026-06-30 | Khemakhem Anis | Buy | 158 | $24.78 | 3.92K |
| 2026-06-30 | Hill John P | Buy | 459 | $24.78 | 11.37K |
| 2026-06-30 | Beranek Cheryl | Buy | 210 | $24.78 | 5.20K |
| 2026-06-09 | Khemakhem Anis | Sell | 1.68K | $39.90 | 67.19K |
| 2026-06-01 | Beranek Cheryl | Sell | 7.50K | $46.92 | 351.90K |
| 2026-05-27 | Beranek Cheryl | Sell | 2.50K | $50.00 | 125.00K |
| 2026-05-11 | Beranek Cheryl | Sell | 2.50K | $45.02 | 112.55K |
| 2026-05-11 | Jones Walter Louis JR | Sell | 2.39K | $46.05 | 110.11K |
| 2026-05-08 | Beranek Cheryl | Sell | 5.00K | $40.27 | 201.35K |
| 2026-05-06 | Khemakhem Anis | Sell | 635 | $30.28 | 19.23K |
| 2026-02-27 | Wirsbinski Carol Ann | Buy | 2.54K | — | — |
| 2026-02-27 | Kelly Catherine T. | Buy | 2.54K | — | — |
| 2026-02-27 | Jones Walter Louis JR | Buy | 2.54K | — | — |
| 2026-02-27 | Sarcevic Ademir | Buy | 2.54K | — | — |
| 2026-02-27 | SKARVAN KATHLEEN | Buy | 2.54K | — | — |
| 2026-02-27 | ROTH RONALD G | Buy | 2.54K | — | — |
| 2026-02-27 | Seidel Rebecca | Buy | 2.54K | — | — |
| 2026-02-19 | Hayward Donald R. | Sell | 3.60K | $32.00 | 115.04K |
| 2025-12-31 | Khemakhem Anis | Buy | 131 | $24.78 | 3.25K |
| 2025-12-31 | Beranek Cheryl | Buy | 210 | $24.78 | 5.20K |
| 2025-12-31 | Hill John P | Buy | 222 | $24.78 | 5.50K |
| 2025-12-31 | HERZOG DANIEL R | Buy | 88 | $24.78 | 2.18K |
| 2025-12-15 | ROTH RONALD G | Buy | 10.00K | $30.06 | 300.60K |
| 2025-12-11 | Beranek Cheryl | Sell | 1.96K | — | — |
| 2025-12-10 | Khemakhem Anis | Other | 0 | — | — |
| 2025-12-10 | Seidel Rebecca | Buy | 326 | — | — |
| 2025-12-10 | SKARVAN KATHLEEN | Buy | 326 | — | — |
| 2025-12-10 | Seidel Rebecca | Other | 0 | — | — |
| 2025-12-10 | SKARVAN KATHLEEN | Other | 0 | — | — |
| 2025-11-28 | HERZOG DANIEL R | Buy | 11.49K | — | — |
| 2025-11-28 | Hill John P | Buy | 17.03K | — | — |
| 2025-11-28 | Beranek Cheryl | Buy | 25.55K | — | — |
| 2025-11-20 | Hill John P | Buy | 10.79K | — | — |
| 2025-11-20 | Hill John P | Sell | 2.65K | $28.22 | 74.87K |
| 2025-11-20 | Hill John P | Buy | 5.39K | — | — |
| 2025-11-20 | HERZOG DANIEL R | Buy | 5.39K | — | — |
| 2025-11-20 | HERZOG DANIEL R | Sell | 824 | $28.22 | 23.25K |
| 2025-11-20 | HERZOG DANIEL R | Buy | 2.70K | — | — |
| 2025-11-20 | Beranek Cheryl | Buy | 10.79K | — | — |
| 2025-11-20 | Beranek Cheryl | Sell | 2.65K | $28.22 | 74.87K |
| 2025-11-20 | Beranek Cheryl | Buy | 5.39K | — | — |
| 2025-11-16 | HERZOG DANIEL R | Sell | 973 | $30.72 | 29.89K |
| 2025-11-16 | HERZOG DANIEL R | Sell | 825 | $30.72 | 25.34K |
| 2025-11-16 | HERZOG DANIEL R | Sell | 510 | $30.72 | 15.67K |
| 2025-11-16 | HERZOG DANIEL R | Buy | 973 | $30.72 | 29.89K |
| 2025-11-16 | HERZOG DANIEL R | Buy | 825 | $30.72 | 25.34K |
| 2025-11-16 | Beranek Cheryl | Sell | 1.02K | $30.72 | 31.33K |
| 2025-11-16 | Beranek Cheryl | Sell | 1.95K | $30.72 | 59.84K |
| 2025-11-16 | Beranek Cheryl | Sell | 2.32K | $30.72 | 71.21K |
| 2025-11-16 | Hill John P | Sell | 1.02K | $30.72 | 31.33K |
| 2025-11-16 | Hill John P | Sell | 2.02K | $30.72 | 61.96K |
| 2025-11-16 | Hill John P | Sell | 2.65K | $30.72 | 81.50K |
| 2025-09-18 | Hill John P | Buy | 24.00K | $12.43 | 298.32K |
| 2025-09-18 | Hill John P | Buy | 17.78K | $23.74 | 422.00K |
| 2025-09-18 | Hill John P | Sell | 13.39K | $34.21 | 458.24K |
| 2025-09-18 | Hill John P | Sell | 14.00K | $34.21 | 478.94K |
| 2025-09-18 | Hill John P | Buy | 17.78K | $23.74 | 422.00K |
| 2025-09-18 | Hill John P | Buy | 24.00K | $12.43 | 298.32K |
| 2025-09-12 | HERZOG DANIEL R | Buy | 12.00K | $12.43 | 149.16K |
| 2025-09-12 | HERZOG DANIEL R | Buy | 11.79K | $23.74 | 280.01K |
| 2025-09-12 | HERZOG DANIEL R | Sell | 6.79K | $33.25 | 225.60K |
| 2025-09-12 | HERZOG DANIEL R | Sell | 9.45K | $33.25 | 314.31K |
| 2025-09-12 | HERZOG DANIEL R | Buy | 11.79K | $23.74 | 280.01K |
| 2025-09-12 | HERZOG DANIEL R | Buy | 12.00K | $12.43 | 149.16K |
| 2025-08-08 | Beranek Cheryl | Buy | 24.00K | $12.43 | 298.32K |
| 2025-08-08 | Beranek Cheryl | Buy | 17.78K | $23.74 | 422.00K |
| 2025-08-08 | Beranek Cheryl | Sell | 13.70K | $32.59 | 446.35K |
| 2025-08-08 | Beranek Cheryl | Sell | 14.43K | $32.59 | 470.11K |
| 2025-08-08 | Beranek Cheryl | Buy | 17.78K | $23.74 | 422.00K |
| 2025-08-08 | Beranek Cheryl | Buy | 24.00K | $12.43 | 298.32K |
| 2025-06-30 | Hill John P | Buy | 498 | $26.35 | 13.12K |
| 2025-06-30 | HERZOG DANIEL R | Buy | 683 | $26.35 | 18.00K |
| 2025-06-30 | Beranek Cheryl | Buy | 197 | $26.35 | 5.19K |
| 2025-02-28 | Sarcevic Ademir | Buy | 2.47K | — | — |
| 2025-02-28 | Wirsbinski Carol Ann | Buy | 2.47K | — | — |
| 2025-02-28 | Kelly Catherine T. | Buy | 2.47K | — | — |
| 2025-02-28 | HAYSSEN CHARLES N | Buy | 2.47K | — | — |
| 2025-02-28 | Hayward Donald R. | Buy | 2.47K | — | — |
| 2025-02-28 | Jones Walter Louis JR | Buy | 2.47K | — | — |
| 2025-02-28 | ROTH RONALD G | Buy | 2.47K | — | — |
| 2025-02-19 | Hill John P | Sell | 23.81K | $33.10 | 788.08K |
| 2025-02-14 | Hill John P | Sell | 13.83K | $33.05 | 457.11K |
| 2025-02-12 | Hill John P | Sell | 16.54K | $33.26 | 550.09K |
| 2024-12-31 | Hill John P | Buy | 276 | $26.35 | 7.27K |
| 2024-12-31 | Beranek Cheryl | Buy | 198 | $26.35 | 5.22K |
| 2024-12-31 | HERZOG DANIEL R | Buy | 137 | $26.35 | 3.61K |
| 2024-12-11 | Sarcevic Ademir | Buy | 305 | — | — |
| 2024-12-11 | Kelly Catherine T. | Buy | 305 | — | — |
| 2024-12-11 | Kelly Catherine T. | Other | 0 | — | — |
| 2024-12-11 | Sarcevic Ademir | Other | 0 | — | — |
| 2024-12-06 | Beranek Cheryl | Sell | 475 | — | — |
| 2024-12-05 | Beranek Cheryl | Sell | 1.43K | — | — |
| 2024-12-05 | ROTH RONALD G | Buy | 5.00K | $31.00 | 155.00K |
| 2024-11-26 | Hill John P | Buy | 16.18K | — | — |
| 2024-11-26 | HERZOG DANIEL R | Buy | 8.09K | — | — |
| 2024-11-26 | Beranek Cheryl | Buy | 16.18K | — | — |
| 2024-11-16 | Hill John P | Sell | 172 | $28.26 | 4.86K |
| 2024-11-16 | Hill John P | Sell | 1.02K | $28.26 | 28.80K |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 135, holders +6 vs prior quarter. Ownership 64.71%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| AIGH CAPITAL MANAGEMENT LLC | 1.01M | 1.01M | New | 40.13M |
| BLACKROCK, INC. | 957.42K | 59.56K | +6.63% | 38.10M |
| ACK ASSET MANAGEMENT LLC | 810.20K | 75.00K | +10.20% | 32.24M |
| VANGUARD CAPITAL MANAGEMENT LLC | 481.82K | -28.02K | -5.50% | 19.17M |
| MAIRS & POWER INC | 385.26K | -346.48K | -47.35% | 15.33M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 371.25K | 15.49K | +4.35% | 14.77M |
| STATE STREET CORP | 363.21K | 40.96K | +12.71% | 14.45M |
| DIMENSIONAL FUND ADVISORS LP | 357.10K | 3.62K | +1.02% | 14.21M |
| GEODE CAPITAL MANAGEMENT, LLC | 302.04K | 16.20K | +5.67% | 12.02M |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | 277.61K | -12.00K | -4.14% | 11.05M |
| ROYAL BANK OF CANADA | 262.15K | -20.20K | -7.16% | 10.43M |
| ROYCE & ASSOCIATES LP | 256.99K | 0 | 0.00% | 10.23M |
| D. E. SHAW & CO., INC. | 227.72K | 86.75K | +61.54% | 9.06M |
| ACADIAN ASSET MANAGEMENT LLC | 173.07K | 11.13K | +6.88% | 6.88M |
| DANA INVESTMENT ADVISORS, INC. | 161.55K | -17.81K | -9.93% | 6.43M |
| JPMORGAN CHASE & CO | 164.46K | -66.73K | -28.86% | 6.37M |
| MILLENNIUM MANAGEMENT LLC | 142.43K | 94.50K | +197.15% | 5.67M |
| GOLDMAN SACHS GROUP INC | 139.13K | 63.45K | +83.84% | 5.54M |
| CITADEL ADVISORS LLC | 131.92K | 102.32K | +345.66% | 5.25M |
| JANE STREET GROUP, LLC | 131.80K | 122.60K | +1332.61% | 5.24M |
| DIVISADERO STREET CAPITAL MANAGEMENT, LP | 130.78K | 130.78K | New | 5.20M |
| NORTHERN TRUST CORP | 125.74K | 3.79K | +3.11% | 5.00M |
| MARSHALL WACE, LLP | 112.40K | -29.26K | -20.65% | 4.47M |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 99.39K | 99.39K | New | 3.95M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 99.39K | 5.67K | +6.05% | 3.95M |
Earnings and financials
Clearfield, Inc. (CLFD) trades at $31.43, with a market cap of $426.99M and a trailing P/E of -53.86. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 75287726 | 73947619 | 77651354 | 85034182 | 93074514 | 140755399 | 270883000 | 225722000 | 125568000 | 150134000 |
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