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Clearfield share price today

Clearfield, Inc. · CLFD · Technology · Communication Equipment · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Clearfield share price: $32.88 at the close on 4 November 2026, +3.2% in a year.

$32.88Price +3.2% in a year
105.5×P/E over 1 year
$43.9 MRevenue (Jun 2026) +13.2% on a year ago
$3.0 MProfit (Jun 2026) +86.8% on a year ago
5.9%Operating margin +2.0 points on a year ago
−3%ROE FY25
−0.2%ROIC against a 15.4% cost of capital: −15.6 points
31%Profit that came in as cash last 3 years

Clearfield, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

The main question: profits are rising, but only 31% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch.

The price has been between phases. Over the last four quarters, results have been improving, with profit +86.8% on a year earlier, and 31% of the last 3 years' profit came in as cash. What will decide it: whether the cash starts to follow the profit.

What is the Clearfield share price today?

Clearfield, Inc.'s share price was $32.88 at the close on 4 November 2026. That is 1.2% above its average price over the last 200 trading days. In the last 52 weeks it traded between $27 and $47, and at that close it sat 30% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.

Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 2 weeks in a row.

Nov 2026: $32.88, 1.2% above its 200-day average.

  • Price $32.88
  • 50-day avg $30.61
  • 200-day avg $32.48
Nov 2026: $32.88, 1.2% above its 200-day average.
WeekPrice50-day avg200-day avg
11 Jul 2025$41.44––
18 Jul 2025$43.04––
25 Jul 2025$44.31––
1 Aug 2025$40.81––
8 Aug 2025$32.79––
15 Aug 2025$31.38––
22 Aug 2025$32.91––
29 Aug 2025$32.62––
5 Sep 2025$32.93––
12 Sep 2025$32.80––
19 Sep 2025$33.97$36.81–
26 Sep 2025$33.72$36.00–
3 Oct 2025$35.81$35.11–
10 Oct 2025$34.84$34.27–
17 Oct 2025$34.56$33.74–
24 Oct 2025$36.22$33.98–
31 Oct 2025$35.30$34.44–
7 Nov 2025$31.85$34.49–
14 Nov 2025$30.72$34.45–
21 Nov 2025$29.26$34.06–
28 Nov 2025$29.36$33.67–
5 Dec 2025$28.74$33.12–
12 Dec 2025$29.64$32.69–
19 Dec 2025$28.58$31.99–
26 Dec 2025$30.17$31.48–
2 Jan 2026$29.49$31.03–
9 Jan 2026$30.34$30.49–
16 Jan 2026$31.42$30.15–
23 Jan 2026$30.77$30.02–
30 Jan 2026$29.77$29.91–
6 Feb 2026$30.91$29.99–
13 Feb 2026$32.68$30.33–
20 Feb 2026$32.52$30.60–
27 Feb 2026$31.44$30.82–
6 Mar 2026$30.01$31.02–
13 Mar 2026$28.45$30.97–
20 Mar 2026$27.77$30.81–
27 Mar 2026$27.66$30.58–
2 Apr 2026$26.61$30.20–
10 Apr 2026$27.16$29.76–
17 Apr 2026$29.98$29.59–
24 Apr 2026$30.17$29.58$32.60
1 May 2026$29.43$29.23$32.27
8 May 2026$40.04$29.33$32.02
15 May 2026$43.50$30.65$32.02
22 May 2026$43.73$31.97$32.01
29 May 2026$47.22$33.51$32.31
5 Jun 2026$40.04$35.15$32.63
12 Jun 2026$39.43$36.39$32.82
18 Jun 2026$40.45$37.45$32.96
26 Jun 2026$38.63$38.51$33.09
2 Jul 2026$33.97$39.08$33.18
10 Jul 2026$33.77$39.47$33.17
17 Jul 2026$30.64$39.75$33.12
24 Jul 2026$30.99$38.84$33.01
31 Jul 2026$30.26$37.61$32.89
7 Aug 2026$27.48$36.15$32.76
14 Aug 2026$28.79$34.34$32.59
21 Aug 2026$27.54$33.09$32.40
28 Aug 2026$29.53$32.06$32.31
4 Sep 2026$28.65$31.07$32.24
11 Sep 2026$30.02$30.27$32.23
18 Sep 2026$30.16$29.88$32.25
25 Sep 2026$31.07$29.74$32.31
2 Oct 2026$33.48$29.81$32.35
9 Oct 2026$34.01$30.06$32.46
16 Oct 2026$29.47$30.03$32.49
23 Oct 2026$27.70$30.05$32.46
30 Oct 2026$32.03$30.35$32.46
4 Nov 2026$32.88$30.61$32.48
Weekly closing price ($) with its 50-day and 200-day averages. 1-year window.

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?

Ahead in 17 of 57 weeks

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
11 Jul 2025no S&P 500 reading
18 Jul 2025no S&P 500 reading
25 Jul 2025no S&P 500 reading
1 Aug 2025no S&P 500 reading
8 Aug 2025no S&P 500 reading
15 Aug 2025no S&P 500 reading
22 Aug 2025no S&P 500 reading
29 Aug 2025no S&P 500 reading
5 Sep 2025no S&P 500 reading
12 Sep 2025no S&P 500 reading
19 Sep 2025no S&P 500 reading
26 Sep 2025no S&P 500 reading
3 Oct 2025no S&P 500 reading
10 Oct 2025−20.6%
17 Oct 2025−25.6%
24 Oct 2025−24.6%
31 Oct 2025−23.2%
7 Nov 2025−8.2%
14 Nov 2025−6.5%
21 Nov 2025−13.2%
28 Nov 2025−15.9%
5 Dec 2025−18.7%
12 Dec 2025−13.3%
19 Dec 2025−18.4%
26 Dec 2025−14.8%
2 Jan 2026−19.7%
9 Jan 2026−19.2%
16 Jan 2026−13.2%
23 Jan 2026−16.8%
30 Jan 2026−17.1%
6 Feb 2026−5.9%
13 Feb 2026+4.9%
20 Feb 2026+6.5%
27 Feb 2026+6.7%
6 Mar 2026+6.4%
13 Mar 2026−1.2%
20 Mar 2026+1.9%
27 Mar 2026−0.2%
2 Apr 2026−5.8%
10 Apr 2026−8.4%
17 Apr 2026−7.3%
24 Apr 2026−5.5%
1 May 2026−5.3%
8 May 2026+22.7%
15 May 2026+24.7%
22 May 2026+26.3%
29 May 2026+39.9%
5 Jun 2026+23.7%
12 Jun 2026+26.6%
18 Jun 2026+30.5%
26 Jun 2026+24.7%
2 Jul 2026+14.1%
10 Jul 2026+13.2%
17 Jul 2026−2.5%
24 Jul 2026−0.8%
31 Jul 2026−0.8%
7 Aug 2026−36.2%
14 Aug 2026−38.8%
21 Aug 2026−39.7%
28 Aug 2026−39.2%
4 Sep 2026−32.9%
11 Sep 2026−26.9%
18 Sep 2026−27.4%
25 Sep 2026−25.4%
2 Oct 2026−4.8%
9 Oct 2026−2.4%
16 Oct 2026−6.5%
23 Oct 2026−13.5%
30 Oct 2026+4.7%
4 Nov 2026+20.5%
Each bar is one week, from 2025 to now (57 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 1 year the share price moved −21% while the S&P 500 moved +23%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Clearfield pay?

Clearfield, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.

Which stock lists is Clearfield on?

Clearfield is on one of our US lists: US tech stocks.

Is Clearfield profitable?

Clearfield, Inc. earned $3.0 M of net profit in the Jun 2026 quarter, +86.8% on the same quarter a year earlier. The full FY25 year was a loss of $8.1 M. That is 6.8% of the quarter's revenue. The same quarter a year earlier earned $1.3 M. 6 of the last 9 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

FY25 profit −$8.1 M

  • Net profit −$8.1 M
FY25 profit −$8.1 M
QuarterNet profit
FY21$20.3 M
FY22$49.4 M
FY23$32.5 M
FY24−$12.5 M
FY25−$8.1 M

Growth on a year earlier

  • Growth on a year earlier −138.3%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22142.8%
FY23−34.1%
FY24−138.3%
FY25–
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $3.0 M (+86.8% on a year earlier)

  • Net profit (quarterly) $3.0 M
Jun 2026: $3.0 M (+86.8% on a year earlier)
QuarterNet profit (quarterly)
Mar 2023–
Jun 2023–
Sep 2023–
Dec 2023−$5.3 M
Mar 2024−$5.9 M
Jun 2024−$0.4 M
Dec 2024−$1.9 M
Mar 2025$1.3 M
Jun 2025$1.6 M
Dec 2025−$0.6 M
Mar 2026−$0.5 M
Jun 2026$3.0 M

Growth on a year earlier

  • Growth on a year earlier 86.8%
Growth on a year earlier
QuarterGrowth on a year earlier
Mar 2023–
Jun 2023–
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Dec 2024–
Mar 2025–
Jun 2025–
Dec 2025–
Mar 2026−139.8%
Jun 202686.8%
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

How much revenue does Clearfield make, and is it growing?

Clearfield, Inc. reported $43.9 M of revenue in the Jun 2026 quarter, +13.2% on the same quarter a year earlier. Over 4 years it has grown 1.6% a year on average. The last full year, FY25, came in at $150 M.

Revenue is everything the company billed its customers in the period.

The quarterly figures for FY23 do not add up to the full-year total on file, so those quarters are left out of the charts and sums.

FY25 revenue was $150 M, +19.6% on the year before.

FY25 revenue $150 M (+19.6% on the year before), 1.6% a year over 4 years

  • Revenue $150 M
FY25 revenue $150 M (+19.6% on the year before), 1.6% a year over 4 years
QuarterRevenue
FY21$141 M
FY22$271 M
FY23$226 M
FY24$126 M
FY25$150 M

Growth on a year earlier

  • Growth on a year earlier 19.6%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2292.5%
FY23−16.7%
FY24−44.4%
FY2519.6%
Top: revenue each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $43.9 M (+13.2% on a year earlier)

  • Revenue (quarterly) $43.9 M
Jun 2026: $43.9 M (+13.2% on a year earlier)
QuarterRevenue (quarterly)
Mar 2023–
Jun 2023–
Sep 2023–
Dec 2023$34.2 M
Mar 2024$36.9 M
Jun 2024$48.8 M
Dec 2024$29.7 M
Mar 2025$40.6 M
Jun 2025$38.8 M
Dec 2025$34.3 M
Mar 2026$34.4 M
Jun 2026$43.9 M

Growth on a year earlier

  • Growth on a year earlier 13.2%
Growth on a year earlier
QuarterGrowth on a year earlier
Mar 2023–
Jun 2023–
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Dec 2024−13.2%
Mar 202510.1%
Jun 2025−20.6%
Dec 202515.6%
Mar 2026−15.3%
Jun 202613.2%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew −1.8% on average, against 1.6% a year over the longer run, so this year is growing slower than its own long-run rate.

How much of every $100 of sales does Clearfield keep?

Clearfield, Inc.'s operating margin was 5.9% in the Jun 2026 quarter, 2.0 percentage points higher than the same quarter a year ago. Across 5 years it has been between −15.3% and 24.1%. The latest quarter is within that range.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +1.8 percentage points on the year while gross margin changed −2.6 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

FY25: 1.4%, within a range of −15.3% to 24.1% over 5 years

  • Operating margin 1.4%
FY25: 1.4%, within a range of −15.3% to 24.1% over 5 years
QuarterOperating margin
FY2117.9%
FY2224.1%
FY2316.6%
FY24−15.3%
FY251.4%

Change on the year before (points)

  • Change on the year before (points) +16.7 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22+6.2 pts
FY23−7.5 pts
FY24−31.9 pts
FY25+16.7 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jun 2026: operating margin 5.9% (+2.0 points on a year earlier)

  • Operating margin 5.9%
Jun 2026: operating margin 5.9% (+2.0 points on a year earlier)
QuarterOperating margin
Mar 2023–
Jun 2023–
Sep 2023–
Dec 2023−23.8%
Mar 2024−26.4%
Jun 2024−4.7%
Dec 2024−6.9%
Mar 20254.1%
Jun 20253.9%
Dec 2025−5.3%
Mar 2026−6%
Jun 20265.9%

Change on a year earlier (points)

  • Change on a year earlier (points) +2.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Mar 2023–
Jun 2023–
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Dec 2024+16.9 pts
Mar 2025+30.5 pts
Jun 2025+8.6 pts
Dec 2025+1.6 pts
Mar 2026−10.1 pts
Jun 2026+2.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Clearfield's profit turning into cash?

Over the last 3 years, 31% of Clearfield, Inc.'s reported profit came in as cash from its operations, a gap worth watching. In FY25 it brought in $29.4 M of operating cash against −$8.1 M of profit. After $4.7 M of spending on assets, $24.7 M was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $29.4 M against profit −$8.1 M; 31% of 3 years' profit came in as cash

  • Operating cash $29.4 M
  • Net profit −$8.1 M
  • Free cash $24.7 M
FY25: operating cash $29.4 M against profit −$8.1 M; 31% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY21$10.9 M$20.3 M$8.9 M
FY22$2.3 M$49.4 M−$6.9 M
FY23$18.4 M$32.5 M$11.0 M
FY24$22.2 M−$12.5 M$14.2 M
FY25$29.4 M−$8.1 M$24.7 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Jun 2026: operating cash $9.9 M = 329% of the quarter's profit

  • Operating cash (quarterly) $9.9 M
Jun 2026: operating cash $9.9 M = 329% of the quarter's profit
QuarterOperating cash (quarterly)
Mar 2023$9.0 M
Jun 2023$3.3 M
Sep 2023$4.9 M
Dec 2023$10.8 M
Mar 2024−$5.7 M
Jun 2024$4.0 M
Dec 2024$7.2 M
Mar 2025$3.0 M
Jun 2025$7.9 M
Dec 2025−$0.1 M
Mar 2026−$1.1 M
Jun 2026$9.9 M

Operating cash as % of profit

  • Operating cash as % of profit 329%
Operating cash as % of profit
QuarterOperating cash as % of profit
Mar 2023–
Jun 2023–
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Dec 2024–
Mar 2025230%
Jun 2025493%
Dec 2025–
Mar 2026–
Jun 2026329%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Clearfield's cash go?

Clearfield, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $20.2 M on assets over the last 3 years. Averaged over those years that is 4.5% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $20.2 M over the last 3 years.

FY25: capex $4.7 M, down from the year before

  • Capex $4.7 M
FY25: capex $4.7 M, down from the year before
QuarterCapex
FY21$2.0 M
FY22$9.1 M
FY23$7.4 M
FY24$8.0 M
FY25$4.7 M
Capital spending each year, $ M.

Jun 2026: capex $0.9 M in the quarter

  • Capex (quarterly) $0.9 M
Jun 2026: capex $0.9 M in the quarter
QuarterCapex (quarterly)
Mar 2023$2.6 M
Jun 2023$1.7 M
Sep 2023$1.9 M
Dec 2023$2.4 M
Mar 2024$2.0 M
Jun 2024$1.2 M
Dec 2024$1.8 M
Mar 2025$1.3 M
Jun 2025$0.5 M
Dec 2025$1.0 M
Mar 2026$1.0 M
Jun 2026$0.9 M

Free cash

  • Free cash $8.9 M
Free cash
QuarterFree cash
Mar 2023$6.5 M
Jun 2023$1.6 M
Sep 2023$3.1 M
Dec 2023$8.4 M
Mar 2024−$7.7 M
Jun 2024$2.8 M
Dec 2024$5.4 M
Mar 2025$1.7 M
Jun 2025$7.5 M
Dec 2025−$1.0 M
Mar 2026−$2.1 M
Jun 2026$8.9 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Clearfield's P/E ratio, and how does it compare with its own history?

Clearfield, Inc.'s P/E is 105.5×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

P/E 105.5× against a usual —: with too little history to compare

  • P/E 134.8×
P/E 105.5× against a usual —: with too little history to compare
WeekP/E
11 Jul 20251,534.8×
18 Jul 20251,594.1×
25 Jul 20251,594.1×
1 Aug 20251,511.5×
8 Aug 20251,214.4×
15 Aug 20251,162.2×
22 Aug 20251,218.9×
29 Aug 20251,208.2×
5 Sep 20251,219.6×
12 Sep 20251,214.8×
19 Sep 20251,258.2×
26 Sep 20251,248.9×
3 Oct 20251,326.3×
10 Oct 20251,290.4×
17 Oct 20251,280.0×
24 Oct 20251,341.5×
31 Oct 20251,307.4×
7 Nov 20251,179.6×
14 Nov 20251,137.8×
21 Nov 20251,083.7×
28 Nov 20251,087.4×
5 Dec 20251,064.4×
12 Dec 20251,097.8×
19 Dec 20251,058.5×
26 Dec 20251,117.4×
2 Jan 20261,282.2×
9 Jan 20261,319.1×
16 Jan 20261,366.1×
23 Jan 20261,337.8×
30 Jan 20261,294.3×
6 Feb 20261,343.9×
13 Feb 20261,420.9×
20 Feb 20261,413.9×
27 Feb 20261,367.0×
6 Mar 20261,304.8×
13 Mar 20261,237.0×
20 Mar 20261,207.4×
27 Mar 20261,202.6×
2 Apr 2026227.4×
10 Apr 2026232.1×
17 Apr 2026256.2×
24 Apr 2026257.9×
1 May 2026251.5×
8 May 2026342.2×
15 May 2026371.8×
22 May 2026373.8×
29 May 2026403.6×
5 Jun 2026342.2×
12 Jun 2026337.0×
18 Jun 2026345.7×
26 Jun 2026330.2×
2 Jul 2026139.2×
10 Jul 2026138.4×
17 Jul 2026125.6×
24 Jul 2026127.0×
31 Jul 2026124.0×
7 Aug 2026112.6×
14 Aug 2026118.0×
21 Aug 2026112.9×
28 Aug 2026121.0×
4 Sep 2026117.4×
11 Sep 2026123.0×
18 Sep 2026123.6×
25 Sep 2026127.3×
2 Oct 2026137.2×
9 Oct 2026139.4×
16 Oct 2026120.8×
23 Oct 2026113.5×
30 Oct 2026131.3×
4 Nov 2026134.8×

Earnings per share, 12 months

  • Earnings per share, 12 months $0.24
Earnings per share, 12 months
WeekEarnings per share, 12 months
11 Jul 2025–
18 Jul 2025–
25 Jul 2025–
1 Aug 2025–
8 Aug 2025–
15 Aug 2025–
22 Aug 2025–
29 Aug 2025–
5 Sep 2025–
12 Sep 2025–
19 Sep 2025–
26 Sep 2025$0.03
3 Oct 2025$0.03
10 Oct 2025$0.03
17 Oct 2025$0.03
24 Oct 2025$0.03
31 Oct 2025$0.03
7 Nov 2025$0.03
14 Nov 2025$0.03
21 Nov 2025$0.03
28 Nov 2025$0.03
5 Dec 2025$0.03
12 Dec 2025$0.03
19 Dec 2025$0.03
26 Dec 2025$0.03
2 Jan 2026$0.03
9 Jan 2026$0.03
16 Jan 2026$0.03
23 Jan 2026$0.03
30 Jan 2026$0.03
6 Feb 2026$0.03
13 Feb 2026$0.03
20 Feb 2026$0.03
27 Feb 2026$0.03
6 Mar 2026$0.03
13 Mar 2026$0.03
20 Mar 2026$0.03
27 Mar 2026$0.02
2 Apr 2026$0.02
10 Apr 2026$0.02
17 Apr 2026$0.02
24 Apr 2026$0.02
1 May 2026$0.02
8 May 2026$0.02
15 May 2026$0.02
22 May 2026$0.02
29 May 2026$0.02
5 Jun 2026$0.02
12 Jun 2026$0.02
18 Jun 2026$0.02
26 Jun 2026$0.12
2 Jul 2026$0.12
10 Jul 2026$0.12
17 Jul 2026$0.12
24 Jul 2026$0.12
31 Jul 2026$0.12
7 Aug 2026$0.12
14 Aug 2026$0.12
21 Aug 2026$0.12
28 Aug 2026$0.12
4 Sep 2026$0.12
11 Sep 2026$0.12
18 Sep 2026$0.12
25 Sep 2026$0.24
2 Oct 2026$0.24
9 Oct 2026$0.24
16 Oct 2026$0.24
23 Oct 2026$0.24
30 Oct 2026$0.24
4 Nov 2026$0.24
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 1 year of history; short peaks above 1,594× are drawn at the top edge.

PEG 1.02 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 1.02×
  • PEG = 1.0 1.00×
PEG 1.02 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Sep 20211.02×1.00×
Dec 20211.02×1.00×
Mar 20221.02×1.00×
Jun 20221.02×1.00×
Sep 20221.02×1.00×
Dec 20221.02×1.00×
Mar 20231.02×1.00×
Jun 20231.02×1.00×
Sep 20231.02×1.00×
Dec 20231.02×1.00×
Mar 20241.02×1.00×
Jun 20241.02×1.00×
Sep 20241.02×1.00×
Mar 20251.02×1.00×
Jun 20251.02×1.00×
Sep 20251.02×1.00×
Mar 20261.02×1.00×
Jun 20261.02×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 18 quarters.
105.5×P/E · too little history to compare
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.

Is the Clearfield business getting better or worse?

Clearfield, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 6 quarters of 1 measure, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +19.6% in FY25

  • Revenue growth 19.6%
Growth year by year: revenue +19.6% in FY25
QuarterRevenue growth
FY21–
FY2292.5%
FY23−16.7%
FY24−44.4%
FY2519.6%

Profit growth, EPS growth

  • Profit growth −138.3%
  • EPS growth −139.3%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY22142.8%141.5%
FY23−34.1%−38.9%
FY24−138.3%−139.3%
FY25––
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters

  • Revenue 13.2%
Three growth lines over twelve quarters
QuarterRevenue
Mar 2023–
Jun 2023–
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Dec 2024−13.2%
Mar 202510.1%
Jun 2025−20.6%
Dec 202515.6%
Mar 2026−15.3%
Jun 202613.2%

Profit

  • Profit 86.8%
Profit
QuarterProfit
Mar 2023–
Jun 2023–
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Dec 2024–
Mar 2025–
Jun 2025–
Dec 2025–
Mar 2026−139.8%
Jun 202686.8%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Where the 12-month history is short, the line uses single-quarter growth instead, which is noisier; extreme jumps from a tiny base are evened out before reading. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 0.1%
ROCE: the return line, worked out each quarter
QuarterROCE
Mar 2023–
Jun 2023–
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Dec 2024−7.3%
Mar 2025−4.2%
Jun 2025−0.4%
Dec 2025−0.2%
Mar 2026−0.3%
Jun 20260.1%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
Stuck lowROCE · latest 0.1%, range −7.3% to 0.1%

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+19.6%−17.9%——
Stock price+3.2%———
+13.2%Revenue growth (Jun 2026) · latest quarter against a year ago
+86.8%Profit growth (Jun 2026) · latest quarter against a year ago
1.6%Revenue, 4 years · yearly growth over the long run

How much does Clearfield earn on its capital?

Clearfield, Inc. earned a ROE of −3% in FY25. That is up from a low of −5% in FY24. Its return on capital used (ROIC) is 15.6 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

It comes from a −5.4% net margin and 0.49× asset turnover (sales divided by assets).

Why the return is what it is (FY25): a −5.4% net margin × 0.49× asset turnover × 1.20× leverage (assets divided by equity) ≈ −3.2% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: −0.2% − 15.4% = −15.6 percentage points. The 15.4% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The −0.2% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 1.0%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY25: ROE −3%, the climb back from FY24's −5%

  • ROE −3.1%
  • ROIC (annual) 1%
  • Cost of capital 15.4%
FY25: ROE −3%, the climb back from FY24's −5%
QuarterROEROIC (annual)Cost of capital
FY2119.6%28.2%15.4%
FY2233.4%41.3%15.4%
FY2310.3%17.9%15.4%
FY24−4.5%−11.7%15.4%
FY25−3.1%1%15.4%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 15.4% cost of capital used on this page.

Jun 2026: ROIC −1.1% (last 12 months) against a 15.4% cost of capital

  • ROIC (12 months) −1.1%
  • ROE (12 months) −0.9%
  • Cost of capital 15.4%
Jun 2026: ROIC −1.1% (last 12 months) against a 15.4% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Mar 202338.9%25.8%15.4%
Jun 202336%13.8%15.4%
Sep 202328.4%6.8%15.4%
Dec 202317.5%3.4%15.4%
Mar 20243.8%−6.9%15.4%
Jun 2024−8%−8.2%15.4%
Sep 2024−11.8%−0.6%15.4%
Mar 2025−13.8%−0.5%15.4%
Jun 2025−8.1%3.8%15.4%
Sep 2025−1.3%3.5%15.4%
Mar 2026−1%−0.4%15.4%
Jun 2026−1.1%−0.9%15.4%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Clearfield have too much debt?

Clearfield, Inc. has total debt of $10.3 M against shareholder equity of $246 M as of Jun 2026, so its debt is 0.04× its equity, which is very little. Year by year, that ratio went from 0.02 in FY21 to 0.03 in FY25. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $8.8 M, 0.03× equity

  • Total debt $8.8 M
FY25: debt $8.8 M, 0.03× equity
QuarterTotal debt
FY21$2.5 M
FY22$36.9 M
FY23$22.8 M
FY24$11.3 M
FY25$8.8 M

Debt-to-equity

  • Debt-to-equity 0.03×
Debt-to-equity
QuarterDebt-to-equity
FY210.02×
FY220.25×
FY230.07×
FY240.04×
FY250.03×
Top: total debt each year, $ M. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt $10.3 M, debt-to-equity 0.04

  • Total debt (quarterly) $10.3 M
Jun 2026: debt $10.3 M, debt-to-equity 0.04
QuarterTotal debt (quarterly)
Sep 2023$22.8 M
Dec 2023$19.5 M
Mar 2024$20.9 M
Jun 2024$24.2 M
Sep 2024$11.3 M
Dec 2024$23.5 M
Mar 2025$25.8 M
Jun 2025$28.6 M
Sep 2025$8.8 M
Dec 2025$8.1 M
Mar 2026$10.9 M
Jun 2026$10.3 M

Debt-to-equity

  • Debt-to-equity 0.04×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.07×
Dec 20230.07×
Mar 20240.08×
Jun 20240.09×
Sep 20240.04×
Dec 20240.09×
Mar 20250.10×
Jun 20250.11×
Sep 20250.03×
Dec 20250.03×
Mar 20260.05×
Jun 20260.04×
Top: total debt each quarter, $ M. Below: debt-to-equity, ×. Last 12 quarters.

What is the Clearfield shareholding pattern?

14.3% of Clearfield, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 9.6 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

14.3%Short interest · of the tradable float
9.6Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Clearfield from balance-sheet trouble?

For Clearfield, Inc., the Z-score is 15.18. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 15.18 is well clear of the danger zone, so the balance sheet is not the risk here.

How does Clearfield rank in its industry?

47.8 out of 100, rank 12 of 29 in Communication Equipment, with 56% of the evidence available.

Clearfield, Inc. scores 47.8 out of 100 against the 29 companies it is compared with in Communication Equipment, ranking 12. Some evidence is missing, so the score is pulled toward the middle on purpose.

The four parts add up to the total exactly: 15.9 + 7.6 + 8.5 + 15.8 = 47.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Clearfield compared with?

Clearfield ranks 12 of 29 Communication Equipment companies on the 4-Factor Sector Score, with 47.8 out of 100.

  1. 1Cisco Systems, Inc.CSCO · quiet · Most evidence points up · 85% evidence72.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.1/35 · Revenue 11.8% · Profit 30.3% · Operating margin change 6.6 points · 95% evidenceCapital efficiency 19.6/25 · ROCE 18.2% · Operating margin 27.7% · 76% evidenceValuation 12.8/20 · P/E 33.9× · PEG 1.09 · 65% evidenceRelative strength 15.6/20 · Lead over its industry 11.2% · Lead over S&P 500 1.1% · 1 year 45.8% · 100% evidence · 0 of 12 weeks aheadExact sum: 24.1 + 19.6 + 12.8 + 15.6 = 72.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2Zebra Technologies CorporationZBRA · losing its lead · Too little evidence to rank firmly · 58% evidence71.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.1/35 · Revenue — · Profit — · Operating margin change 6.7 points · 45% evidenceCapital efficiency 19.8/25 · ROCE 20.9% · Operating margin 21.3% · 76% evidenceValuation 10.3/20 · P/E 23.6× · PEG — · 15% evidenceRelative strength 18.5/20 · Lead over its industry 23.3% · Lead over S&P 500 13.8% · 1 year 28.1% · 100% evidence · 11 of 12 weeks aheadExact sum: 23.1 + 19.8 + 10.3 + 18.5 = 71.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  3. 3Motorola Solutions, Inc.MSI · leader · Too little evidence to rank firmly · 58% evidence65.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 16.4/35 · Revenue — · Profit — · Operating margin change 0.8 points · 45% evidenceCapital efficiency 20.6/25 · ROCE 22.9% · Operating margin 27.4% · 76% evidenceValuation 9.7/20 · P/E 32.9× · PEG — · 15% evidenceRelative strength 18.7/20 · Lead over its industry 17.9% · Lead over S&P 500 8.7% · 1 year 27.2% · 100% evidence · 10 of 12 weeks aheadExact sum: 16.4 + 20.6 + 9.7 + 18.7 = 65.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  4. 4Ubiquiti Inc.UI · quiet · Evidence leans up · 81% evidence62.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 19.1/35 · Revenue 27.2% · Profit 35% · Operating margin change 1.9 points · 83% evidenceCapital efficiency 21.9/25 · ROCE 75.4% · Operating margin 36.3% · 76% evidenceValuation 13.7/20 · P/E 33.7× · PEG 0.97 · 65% evidenceRelative strength 8.0/20 · Lead over its industry -12% · Lead over S&P 500 -19.3% · 1 year -9.3% · 100% evidence · 4 of 12 weeks aheadExact sum: 19.1 + 21.9 + 13.7 + 8 = 62.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5Hewlett Packard Enterprise CompanyHPE · losing its lead · Evidence leans up · 85% evidence61.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 26.5/35 · Revenue 26.6% · Profit 100% · Operating margin change 7.2 points · 95% evidenceCapital efficiency 12.1/25 · ROCE 6.6% · Operating margin 12.6% · 76% evidenceValuation 5.9/20 · P/E 23.7× · PEG 3.75 · 65% evidenceRelative strength 16.9/20 · Lead over its industry 41.6% · Lead over S&P 500 27% · 1 year 113.6% · 100% evidence · 10 of 12 weeks aheadExact sum: 26.5 + 12.1 + 5.9 + 16.9 = 61.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Extreme Networks, Inc.EXTR · quiet · Evidence leans up · 74% evidence59.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.2/35 · Revenue 12.6% · Profit — · Operating margin change 7 points · 62% evidenceCapital efficiency 13.7/25 · ROCE 12.5% · Operating margin 6.4% · 76% evidenceValuation 5.6/20 · P/E 100.5× · PEG 3.23 · 65% evidenceRelative strength 17.5/20 · Lead over its industry 12.9% · Lead over S&P 500 2.3% · 1 year 31.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 22.2 + 13.7 + 5.6 + 17.5 = 59 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7Harmonic Inc.HLIT · basing · Too little evidence to rank firmly · 56% evidence56.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.2/35 · Revenue — · Profit — · Operating margin change 10.3 points · 39% evidenceCapital efficiency 14.3/25 · ROCE 11.9% · Operating margin 18% · 76% evidenceValuation 11.1/20 · P/E -24.2× · PEG — · 15% evidenceRelative strength 9.1/20 · Lead over its industry -6.4% · Lead over S&P 500 -14.5% · 1 year 2% · 100% evidence · 0 of 12 weeks aheadExact sum: 22.2 + 14.3 + 11.1 + 9.1 = 56.7 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  8. 8Digi International Inc.DGII · losing its lead · Evidence leans up · 81% evidence54.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 19.4/35 · Revenue 19.9% · Profit 16.7% · Operating margin change 2.6 points · 83% evidenceCapital efficiency 14.1/25 · ROCE 8.7% · Operating margin 16.5% · 76% evidenceValuation 4.2/20 · P/E 58× · PEG 5.51 · 65% evidenceRelative strength 17.0/20 · Lead over its industry 27.7% · Lead over S&P 500 15.6% · 1 year 105% · 100% evidence · 6 of 12 weeks aheadExact sum: 19.4 + 14.1 + 4.2 + 17 = 54.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  9. 9Ciena CorporationCIEN · quiet · Evidence leans up · 85% evidence54.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 30.7/35 · Revenue 32.6% · Profit 100% · Operating margin change 11.9 points · 95% evidenceCapital efficiency 17.0/25 · ROCE 12.9% · Operating margin 18.1% · 76% evidenceValuation 4.4/20 · P/E 81.6× · PEG 4.67 · 65% evidenceRelative strength 2.2/20 · Lead over its industry -21.4% · Lead over S&P 500 -30.1% · 1 year 36.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 30.7 + 17 + 4.4 + 2.2 = 54.3 · What this means: Earnings are strong; relative strength in its sector is -21.4% and the one-year return is 36.5%.
  10. 10Lumentum Holdings Inc.LITE · losing its lead · Evidence leans up · 64% evidence52.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.7/35 · Revenue 83.2% · Profit — · Operating margin change 28.7 points · 62% evidenceCapital efficiency 13.4/25 · ROCE 11.3% · Operating margin 28% · 76% evidenceValuation 8.7/20 · P/E 114.5× · PEG — · 15% evidenceRelative strength 4.8/20 · Lead over its industry -5.3% · Lead over S&P 500 -16.2% · 1 year 161.1% · 100% evidence · 6 of 12 weeks aheadExact sum: 25.7 + 13.4 + 8.7 + 4.8 = 52.6 · What this means: Earnings are strong; relative strength in its sector is -5.3% and the one-year return is 161.1%.
  11. 11Belden Inc.BDC · quiet · Evidence leans down · 81% evidence47.9out of 100GrowthCapitalValuationRelative
  12. 12Clearfield, Inc. this pageCLFD · turning · Too little evidence to rank firmly · 56% evidence47.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 15.9/35 · Revenue — · Profit — · Operating margin change 2 points · 39% evidenceCapital efficiency 7.6/25 · ROCE -0.5% · Operating margin 5.9% · 76% evidenceValuation 8.5/20 · P/E 291× · PEG — · 15% evidenceRelative strength 15.8/20 · Lead over its industry 5.3% · Lead over S&P 500 -3.2% · 1 year 3.2% · 100% evidence · 1 of 12 weeks aheadExact sum: 15.9 + 7.6 + 8.5 + 15.8 = 47.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  13. 13BK Technologies CorporationBKTI · basing · Evidence leans down · 81% evidence47.4out of 100GrowthCapitalValuationRelative
  14. 14Viavi Solutions Inc.VIAV · quiet · Evidence leans down · 71% evidence46.1out of 100GrowthCapitalValuationRelative
  15. 15Silicom Ltd.SILC · losing its lead · Evidence leans down · 64% evidence46.0out of 100GrowthCapitalValuationRelative
  16. 16Lantronix, Inc.LTRX · quiet · Evidence leans down · 64% evidence45.2out of 100GrowthCapitalValuationRelative
  17. 17Aviat Networks, Inc.AVNW · basing · Too little evidence to rank firmly · 58% evidence44.4out of 100GrowthCapitalValuationRelative
  18. 18AudioCodes Ltd.AUDC · quiet · Evidence leans down · 74% evidence43.9out of 100GrowthCapitalValuationRelative
  19. 19Viasat, Inc.VSAT · quiet · Evidence leans down · 64% evidence43.6out of 100GrowthCapitalValuationRelative
  20. 20Gilat Satellite Networks Ltd.GILT · quiet · Evidence leans down · 81% evidence43.3out of 100GrowthCapitalValuationRelative
  21. 21Nokia OyjNOK · quiet · Evidence leans down · 75% evidence42.7out of 100GrowthCapitalValuationRelative
  22. 22Frequency Electronics, Inc.FEIM · losing its lead · Evidence leans down · 75% evidence41.4out of 100GrowthCapitalValuationRelative
  23. 23AST SpaceMobile, Inc.ASTS · quiet · Evidence leans down · 64% evidence40.5out of 100GrowthCapitalValuationRelative
  24. 24NETGEAR, Inc.NTGR · quiet · Evidence leans down · 64% evidence38.9out of 100GrowthCapitalValuationRelative
  25. 25ADTRAN Holdings, Inc.ADTN · basing · Evidence leans down · 64% evidence38.6out of 100GrowthCapitalValuationRelative
  26. 26Applied Optoelectronics, Inc.AAOI · quiet · Evidence leans down · 61% evidence37.9out of 100GrowthCapitalValuationRelative
  27. 27Ondas Inc.ONDS · quiet · Evidence leans down · 64% evidence36.5out of 100GrowthCapitalValuationRelative
  28. 28Telesat CorporationTSAT · losing its lead · Most evidence points down · 64% evidence34.8out of 100GrowthCapitalValuationRelative
  29. 29Vistance Networks, Inc.VISN · basing · Most evidence points down · 65% evidence31.4out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Communication Equipment, all 29 compared on one page.

Which companies are close to Clearfield in size?

Clearfield is the 24th largest of 30 Communication Equipment companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: NETGEAR, Inc., Telesat Corporation and Gilat Satellite Networks. Just below it: ADTRAN Holdings, Inc., Lantronix, Inc. and Aviat Networks, Inc.

Communication Equipment companies close in size

  1. NETGEAR, Inc. $607 million
  2. Telesat Corporation $604 million
  3. Gilat Satellite Networks Ltd. $544 million
  4. Clearfield, Inc. $447 million
  5. ADTRAN Holdings, Inc. $384 million
  6. Lantronix, Inc. $264 million
  7. Aviat Networks, Inc. $255 million

All 30 Communication Equipment companies, largest first

Companies close in size in other industries

  1. Dine Brands Global, Inc. $447 million · Restaurants
  2. Costamare Bulkers Holdings Limited $446 million · Marine Shipping
  3. Clearfield, Inc. $443 million
  4. Kura Sushi USA, Inc. $442 million · Restaurants
  5. Radiant Logistics, Inc. $441 million · Integrated Freight & Logistics

What else do people ask about Clearfield?

What were Clearfield's latest quarterly results?

Clearfield, Inc. reported revenue of $43.9 M and net profit of $3.0 M for the Jun 2026 quarter. Revenue rose 13.2% and profit rose 86.8% compared with a year earlier. Earnings per share were $0.22.

The operating margin was 5.9%, 2.0 percentage points higher than a year earlier (as of 4 November 2026).

What is Clearfield's market cap?

Clearfield, Inc.'s market capitalisation is $447 M at a stock price of $32.88. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Clearfield performing?

Clearfield, Inc.'s latest readings are below. In its latest quarter, revenue rose 13.2% and profit rose 86.8% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 2 weeks running.

This describes what the data did, not a rating (as of 4 November 2026).

Will Clearfield's stock price go up?

This page does not forecast Clearfield, Inc.'s stock price. What it shows instead: the stock price is $32.88. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).

Where is Clearfield in its business cycle?

Clearfield, Inc.'s FY25 operating margin was 1.4%, against a 5-year range of −15.3% to 24.1%: the middle of its own range, neither a peak nor a low. The latest quarter was 5.9%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Clearfield story?

The main question: profits are rising, but only 31% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Clearfield a stock worth studying right now?

What the numbers show: Clearfield, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the cash starts to follow the profit.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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