Clearfield Inc

Clearfield Inc

CLFD · NASDAQ · Technology / Communication Equipment

29.67USD-1.60 (-5.12%)

Price History

Full chart

Market Stats

Previous Close31.27
Open31.26
Day Range29.26 – 31.26
52-Week Range23.76 – 52.73
Volume100.50K
Market Cap414.72M
P/E (TTM)109.04
Forward P/E26.81
EPS0.28
Dividend Yield0.00%
Beta2.11
50-Day Avg29.73
200-Day Avg32.30

About

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.

Company Details

  • SectorTechnology
  • IndustryCommunication Equipment
  • CEOMs. Cheryl P. Beranek
  • Employees243
  • Headquarters7050 Winnetka Avenue North, Minneapolis, MN, United States, 55428, USA
  • Websitehttps://www.seeclearfield.com

Leadership

  • Ms. Cheryl P. BeranekCEO, President & Director · b. 1962
  • Mr. Daniel R. HerzogChief Financial Officer · b. 1964
  • Mr. John P. HillChief Operating Officer · b. 1966
  • Mr. Skip HansenChief Information Officer
  • Mr. Frank J. Brixius Jr.General Counsel & Secretary
  • Mr. Anis KhemakhemChief Commercial Officer · b. 1977
  • Mr. Taber RiggChief Human Resources Officer

Financials

Income Statement

Currency: USD1988-09-301989-09-301990-09-301991-09-301992-09-301993-09-301994-09-301995-09-301996-09-301997-09-301998-09-301999-09-302000-09-302001-09-302002-09-302003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue2.10M2.60M2.70M2.20M2.40M2.10M2.00M2.50M2.50M2.80M2.20M700.00K420.81K885.74K595.96K436.16K11.91M13.89M15.72M10.30M23.49M24.94M24.37M35.19M37.47M53.35M58.05M60.32M75.29M73.95M77.65M85.03M93.07M140.76M270.88M225.72M166.71M150.13M
Growth (%)-+23.81%+3.85%-18.52%+9.09%-12.50%-4.76%+25.00%0.00%+12.00%-21.43%-68.18%-39.88%+110.49%-32.72%-26.81%+2630.55%+16.60%+13.19%-34.49%+128.17%+6.18%-2.32%+44.43%+6.48%+42.37%+8.79%+3.93%+24.81%-1.78%+5.01%+9.51%+9.46%+51.23%+92.45%-16.67%-26.15%-9.94%
Cost of Revenue1.40M1.60M1.70M1.60M1.60M1.20M1.30M1.60M1.60M1.50M1.90M1.80M2.69M2.24M3.55M2.80M11.91M11.20M12.20M7.08M15.64M16.07M15.23M20.53M22.19M31.36M33.45M35.46M42.42M43.68M46.65M52.35M55.16M79.58M157.94M145.87M137.82M99.60M
Gross Profit700.00K1.00M1.00M600.00K800.00K900.00K700.00K900.00K900.00K1.30M300.00K-1.10M-2.27M-1.35M-2.95M-2.37M-4.58K2.69M3.52M3.22M7.85M8.87M9.14M14.66M15.29M21.99M24.60M24.87M32.87M30.26M31.00M32.69M37.91M61.18M112.95M79.86M28.89M50.54M
Gross Margin33.33%38.46%37.04%27.27%33.33%42.86%35.00%36.00%36.00%46.43%13.64%-157.14%-538.93%-152.80%-494.93%-542.57%-0.04%19.36%22.38%31.25%33.42%35.56%37.50%41.65%40.79%41.22%42.38%41.22%43.66%40.93%39.92%38.44%40.74%43.46%41.70%35.38%17.33%33.66%
Operating Expense800.00K1.10M1.20M1.40M1.30M1.60M1.20M1.10M1.10M1.50M1.30M1.50M1.49M3.47M2.85M2.96M6.55M6.48M6.97M3.67M6.85M7.66M8.01M10.94M11.01M14.54M16.08M17.82M22.14M24.95M25.93M27.50M29.53M35.94M49.13M42.28M52.11M48.42M
Operating Income-100.00K-100.00K-200.00K-800.00K-500.00K-700.00K-500.00K-200.00K-200.00K-200.00K-1.00M-2.60M-3.75M-4.82M-5.80M-5.33M-6.56M-3.80M-3.46M-453.96K996.90K1.21M1.12M3.72M4.27M7.44M8.52M7.05M10.73M5.31M5.07M5.19M8.38M25.23M63.82M37.58M-23.22M2.12M
Operating Margin-4.76%-3.85%-7.41%-36.36%-20.83%-33.33%-25.00%-8.00%-8.00%-7.14%-45.45%-371.43%-892.00%-544.15%-972.80%-1221.91%-55.07%-27.33%-21.99%-4.41%4.24%4.86%4.61%10.56%11.41%13.95%14.67%11.69%14.25%7.18%6.53%6.10%9.01%17.93%23.56%16.65%-13.93%1.41%
EBITDA100.00K100.00K100.00K-100.00K-200.00K-100.00K-100.00K400.00K300.00K-600.00K-2.20M-2.40M-4.40M-5.14M-4.52M-5.79M-2.41M-1.92M-3.98M-206.27K1.50M1.85M1.80M4.21M4.68M7.92M9.22M8.27M12.18M6.93M7.12M8.11M11.58M28.04M67.23M47.37M-8.34M14.79M
EBITDA Margin4.76%3.85%3.70%-4.55%-8.33%-4.76%-5.00%16.00%12.00%-21.43%-100.00%-342.86%-1044.60%-580.64%-758.27%-1327.93%-20.26%-13.84%-25.30%-2.00%6.36%7.43%7.39%11.96%12.49%14.85%15.88%13.71%16.18%9.38%9.17%9.53%12.44%19.92%24.82%20.99%-5.00%9.85%
Net Income-100.00K-300.00K-800.00K-600.00K-800.00K-500.00K-100.00K-100.00K-1.00M-1.00M-2.50M-3.80M-2.95M-4.74M-5.01M-6.54M-3.42M-3.35M-1.29M1.51M3.78M1.18M6.17M7.70M4.73M5.43M4.68M8.01M3.85M4.27M4.57M7.29M20.33M49.36M32.53M-12.45M-8.05M
Net Income Margin-3.85%-11.11%-36.36%-25.00%-38.10%-25.00%-4.00%-4.00%-35.71%-45.45%-357.14%-902.14%-333.44%-795.06%-1148.54%-54.87%-24.63%-21.31%-12.53%6.45%15.17%4.85%17.52%20.55%8.87%9.36%7.76%10.64%5.20%5.50%5.37%7.84%14.44%18.22%14.41%-7.47%-5.36%
R&D-----300.00K-100.00K100.00K400.00K300.00K400.00K326.99K1.18M1.11M1.21M948.74K1.10M1.41M1.41M---000704.00K750.11K838.12K865.57K787.36K1.09M1.27M1.24M895.00K3.12M3.00M2.42M
R&D as % of Total Revenue-----14.29%-4.00%4.00%14.29%13.64%57.14%77.70%132.72%186.94%277.93%7.97%7.95%8.96%13.68%---0.00%0.00%0.00%1.21%1.24%1.11%1.17%1.01%1.28%1.36%0.88%0.33%1.38%1.80%1.61%
Interest Expense00000000000041.67K1.87M1.06M321.03K25.41K758.49K1.96M802.52K666.54K5.68K82069.67K54.72K92.28K95.70K105.89K157.40K273.93K457.10K738.46K770.95K500.12K311.00K170.00K506.00K0
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%9.90%210.83%178.08%73.60%0.21%5.46%12.50%7.79%2.84%0.02%0.00%0.20%0.15%0.17%0.16%0.18%0.21%0.37%0.59%0.87%0.83%0.36%0.11%0.08%0.30%0.00%

Balance Sheet

Currency: USD1988-09-301989-09-301990-09-301991-09-301992-09-301993-09-301994-09-301995-09-301996-09-301997-09-301998-09-301999-09-302000-09-302001-09-302002-09-302003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets3.30M3.40M5.50M5.50M3.80M3.30M4.70M4.80M9.60M9.10M8.20M6.80M9.61M41.91M33.32M31.83M25.84M22.07M19.59M15.34M17.00M20.43M21.36M30.30M37.74M46.41M51.85M57.63M70.60M69.49M74.23M81.89M95.30M125.91M229.13M355.52M315.27M306.17M
Total Liabilities200.00K200.00K2.50M1.90M800.00K700.00K500.00K700.00K4.40M3.90M3.50M3.40M3.30M3.63M2.30M2.91M3.48M3.15M4.01M3.13M3.41M2.58M2.11M4.07M3.05M6.34M5.10M6.35M8.00M4.97M5.35M6.96M12.54M22.09M81.55M40.35M39.51M50.01M
Total Equity3.10M3.20M3.00M3.60M3.00M2.60M4.20M4.10M5.20M5.20M4.70M3.40M6.31M38.28M31.02M28.92M22.36M18.92M15.58M12.21M13.59M17.85M19.25M26.23M34.69M40.08M46.75M51.28M62.59M64.53M68.87M74.93M82.75M103.82M147.58M315.16M275.76M256.16M
Cash1.30M100.00K400.00K500.00K300.00K400.00K1.90M2.30M4.50M3.20M4.20M2.80M5.94M21.23M28.97M22.24M13.54M10.81M8.95M3.30M4.33M4.73M5.29M11.28M5.68M9.81M18.19M18.07M28.01M18.54M8.55M10.08M16.45M13.22M16.65M37.83M14.15M21.49M
Total Debt-2.10M2.10M800.00K600.00K600.00K400.00K400.00K4.20M3.70M3.30M3.20M2.84M2.46M2.03M2.17M1.58M1.36M1.36M163.42K95.21K33.08K----------2.79M2.53M36.85M16.48M13.52M8.76M
Net Debt-100.00K1.70M1.70M300.00K300.00K200.00K-1.50M-1.90M-300.00K500.00K-900.00K400.00K-18.39M-29.15M-26.94M-20.06M-9.23M-7.59M-7.59M-3.14M-4.24M-4.70M-5.29M-11.28M-5.68M-9.81M-18.19M-18.07M-28.01M-18.54M-8.55M-10.08M-13.65M-10.69M20.20M-21.35M-631.00K-12.74M

Cash Flow

Currency: USD1991-09-301992-09-301993-09-301994-09-301995-09-301996-09-301997-09-301998-09-301999-09-302000-09-302001-09-302002-09-302003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow-400.00K---200.00K200.00K600.00K-500.00K-2.00M-3.54M-2.23M-3.75M-4.66M-5.60M-2.03M-3.28M-855.16K2.02M2.09M629.35K5.30M3.83M4.34M11.53M6.85M11.55M6.30M4.55M14.73M6.66M10.90M1.00M20.01M22.22M29.45M
Investing Cash Flow-200.00K-100.00K--100.00K--100.00K-1.30M-900.00K-200.00K-195.34K-17.00M14.60M-4.27M-2.75M-469.75K45.00K2.91M-927.05K-1.72M-91.86K417.78K-9.71M-113.81K-3.59M-5.74M-1.64M-11.54M-12.61M-12.96M-41.13K-13.60M-8.20M-112.25M-6.90M-8.84M
Financing Cash Flow900.00K100.00K-200.00K200.00K1.70M1.70M2.30M2.70M-200.00K6.86M34.51M-460.56K-439.96K-341.75K-235.26K-98.86K-34.18K-67.56K28.94K16.50K280.31K284.83K-95.44K440.88K-1.22M31.97K-4.24M-1.93M-236.67K-246.73K-536.00K10.65M113.42M-36.91M-14.24M
Capital Expenditure200.00K100.00K0100.00K100.00K100.00K1.30M900.00K200.00K195.34K1.13M1.05M359.47K785.87K420.98K427.63K232.32K1.90M180.93K475.77K745.79K591.04K1.04M1.46M4.54M1.63M2.02M1.19M2.51M1.81M2.05M9.15M8.38M9.57M4.74M
Free Cash Flow-600.00K-100.00K--100.00K100.00K100.00K-700.00K-1.40M-2.20M-3.73M-3.36M-4.80M-5.02M-6.38M-2.45M-3.70M-1.09M120.00K1.91M153.57K4.55M3.24M3.30M10.07M2.31M9.93M4.28M3.36M12.22M4.85M8.86M-8.15M11.63M12.66M24.71M
Dividends Paid--------------------00000000---16.70M1.56M--
FCF to OCF150.00%---50.00%50.00%-116.67%280.00%110.00%105.52%150.58%127.98%107.72%114.04%120.77%113.05%127.17%5.93%91.35%24.40%85.92%84.55%76.09%87.38%33.66%85.91%67.90%73.84%82.95%72.86%81.23%-813.89%58.10%56.95%83.89%
Dividend Paid to FCF--------------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%----204.98%13.46%--

Earnings

Report DateJun 30, 1998Sep 30, 1998Dec 31, 1998Jun 30, 1999Sep 30, 1999Dec 31, 1999Jun 30, 2000Sep 30, 2000Dec 31, 2000Jun 30, 2001Sep 30, 2001Dec 31, 2001Mar 31, 2002Jun 30, 2002Sep 30, 2002Dec 31, 2002Mar 31, 2003Aug 13, 2003Nov 5, 2003Feb 13, 2004Aug 12, 2004Nov 14, 2004Feb 10, 2005Jun 28, 2005Aug 12, 2005Nov 14, 2005Feb 14, 2006Jun 28, 2006Nov 13, 2006Jun 27, 2007Aug 14, 2007Jun 25, 2008Aug 12, 2008Dec 15, 2008Feb 9, 2009May 11, 2009Aug 10, 2009Nov 16, 2009Jan 28, 2010Apr 29, 2010Jul 29, 2010Nov 15, 2010Jan 27, 2011Apr 28, 2011Jul 28, 2011Nov 14, 2011Jan 26, 2012Apr 26, 2012Jul 26, 2012Nov 8, 2012Jan 24, 2013Apr 25, 2013Jul 25, 2013Nov 7, 2013Jan 23, 2014Apr 24, 2014Jul 24, 2014Nov 13, 2014Jan 29, 2015Apr 23, 2015Jul 23, 2015Nov 12, 2015Jan 28, 2016Apr 28, 2016Jul 28, 2016Nov 10, 2016Jan 26, 2017Apr 27, 2017Jul 27, 2017Nov 9, 2017Jan 25, 2018Apr 26, 2018Jul 26, 2018Nov 8, 2018Jan 31, 2019Apr 25, 2019Jul 25, 2019Nov 7, 2019Jan 29, 2020Apr 23, 2020Jul 23, 2020Nov 4, 2020Jan 28, 2021Apr 22, 2021Jul 22, 2021Nov 4, 2021Jan 27, 2022Apr 28, 2022Jul 28, 2022Nov 17, 2022Feb 2, 2023May 4, 2023Aug 3, 2023Nov 9, 2023Feb 1, 2024May 2, 2024Aug 1, 2024Nov 7, 2024Feb 6, 2025May 8, 2025Aug 6, 2025Nov 25, 2025Feb 4, 2026May 6, 2026Aug 5, 2026
EPS Estimate-----------------------------------------------0.080.080.120.050.010.110.140.110.120.120.140.070.070.090.110.090.040.130.140.080.100.120.060.060.030.090.060.050.030.090.120.060.050.080.190.130.170.300.400.450.570.670.840.980.690.110.13-0.36-0.37-0.30-0.20-0.32-0.190.100.14-0.020.010.20
EPS Actual-0.06-0.08-0.07-0.11-0.11-0.11-0.10-0.05-0.05-0.05-0.11-0.12-0.11-0.11-0.11-0.10-0.11-0.13-0.14-0.14-0.06-0.07-0.08-0.08-0.07-0.09-0.11-0.01-0.03-0.10-0.120.010.020.060.020.010.050.23-0.01-0.010.050.070.040.040.100.300.080.010.140.370.040.040.090.190.150.090.080.080.080.020.140.100.100.110.160.200.060.070.060.090.060.050.130.140.080.040.100.140.040.050.220.220.230.270.440.530.750.660.921.221.000.670.330.17-0.35-0.40-0.04-0.06-0.130.090.110.13-0.02-0.040.22
Surprise------------------------------------------------87.50%75.00%208.33%-20.00%300.00%-18.18%35.71%36.36%-25.00%-33.33%-42.86%14.29%-71.43%55.56%-9.09%11.11%175.00%23.08%42.86%-25.00%-30.00%-50.00%50.00%0.00%66.67%44.44%133.33%60.00%33.33%11.11%16.67%-33.33%0.00%175.00%15.79%76.92%58.82%46.67%32.50%66.67%15.79%37.31%45.24%2.04%-2.90%200.00%30.77%2.78%-8.11%86.67%70.00%59.38%147.37%10.00%-7.14%0.00%-500.00%10.00%
Timing-----------------------------------------------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap414.72M
Enterprise Value331.11M
Trailing P/E109.04
Forward P/E26.81
PEG Ratio0.00
Price / Sales2.70
Price / Book1.72
EPS0.28
Book Value18.09
Revenue (TTM)153.66M
Gross Profit (TTM)50.72M
EBITDA5.73M
Profit Margin-4.70%
Operating Margin5.86%
Return on Equity1.56%
Return on Assets-0.08%
Shares Outstanding13.58M
Shares Float9.25M
Beta2.11
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 4 analystsTarget 40.25
  • Strong Buy
    2
  • Buy
    2

Ownership Breakdown

Institutions
66.29%
Insiders
18.17%
Retail / Other
15.54%

Top Institutional Holders

  • AIGH Capital Management, LLC
    1.01M7.42%
  • BlackRock Inc
    897.87K6.61%
  • ACK Asset Management LLC
    810.20K5.96%
  • Mairs & Power Inc
    731.73K5.39%
  • Vanguard Capital Management, LLC
    509.84K3.75%
  • Dimensional Fund Advisors, Inc.
    357.10K2.63%
  • Vanguard Portfolio Management, LLC
    355.75K2.62%
  • State Street Corp
    322.25K2.37%
  • Geode Capital Management, LLC
    285.84K2.10%
  • Royal Bank of Canada
    282.35K2.08%
  • Punch & Associates Inv Mgmt Inc
    277.61K2.04%
  • Royce & Associates, LP
    256.99K1.89%
  • JPMorgan Chase & Co
    231.19K1.70%
  • D. E. Shaw & Co LP
    227.72K1.68%
  • Dana Investment Advisors Inc
    179.36K1.32%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    342.43K2.52%
  • Vanguard Information Technology ETF
    294.63K2.17%
  • iShares Russell 2000 ETF
    293.31K2.16%
  • Mairs & Power Fund
    197.48K1.45%
  • Mairs & Power Small Cap
    164.13K1.21%

Stock Splits

  • Apr 3, 19892:1