Camping World Holdings, Inc. CWH R2K

Consumer Cyclical · Auto & Truck Dealerships · United States

https://www.campingworld.com

Camping World Holdings, Inc., together its subsidiaries, retails recreational vehicles (RVs), and related products and services in the United States. It operates through two segments, Good Sam Services and Plans; and RV and Outdoor Retail. The company provides a portfolio of services, protection plans, products, and resources in the RV industry. It also offers extended vehicle service contracts; vehicle roadside assistance plans; property and casualty insurance; travel protection, travel planning, and directories; and publications, as well as operates the Coast to Coast Resorts and Good Sam Campgrounds. In addition, the company provides new and used RVs; vehicle financing; RV repair and maintenance services; protection plans and services; various RV parts, equipment, supplies, and accessories, which include towing and hitching products, satellite and GPS systems, electrical and lighting products, appliances and furniture, and other products; and collision repair services comprising fiberglass front and rear cap replacement, windshield replacement, interior remodel solutions, and paint and body work. Further, it offers co-branded credit cards; operates Good Sam Club, a membership organization that offers savings on a range of products and services; and facilitates an RV rental platform that connects travelers with RV owners. The company serves customers through dealerships and service centers, and online and e-commerce platforms. Camping World Holdings, Inc. was founded in 1966 and is headquartered in Lincolnshire, Illinois.

Market & Price

Market Cap

$465.60M

Current Price

$7.33

High / Low (52W)

$18.74 / $5.80

Beta

2.14

Valuation

Stock P/E

Industry PE

22.37

Forward P/E

6.51

PEG Ratio

Book Value

$3.38

Price to Book

2.17

P/S

0.07

EV/EBITDA

16.11

Dividend Yield

5.52%

Profitability & Returns

ROCE

11.14%

ROE

-26.63%

ROA

2.23%

Profit Margin

-1.49%

Op Margin

1.65%

EPS (Latest Qtr)

$-0.26

EPS (TTM)

$-1.49

Balance Sheet & Liquidity

Debt/Equity

11.70

Quick Ratio

0.20

Current Ratio

1.17

Debt

$4.09B

Total Assets

$5.04B

Current Assets

$2.62B

Working Capital

$435.14M

Ownership

Promoter Holding

2.76%

Chg in Prom Hold

FII / Inst Holding

105.77%

Chg in FII Hold

0.03%

Financial Snapshot

Enterprise Value

$4.49B

Total Revenue (TTM)

$6.31B

EBITDA

$278.81M

Free Cash Flow

$-68.96M

Operating Cash Flow

$34.91M

Shares Outstanding

63.52M

Gross Margin

29.33%

Payout Ratio

272.73%

Growth (CAGR)

Revenue 5Y

-2.95%

Profit 5Y

-57.52%

Revenue (YoY)

-4.20%

Earnings (YoY)

PROS

Attractive dividend yield of 5.52%.

CONS

Revenue declined at -2.9% CAGR over 5 years.
Earnings shrank at -57.5% CAGR over 5 years.
Trading 60.9% below its 52-week high.
In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Consumer Cyclical).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	CWH Camping World Holdings, Inc. R2K	7.33	-	$465.60M	5.52%	11.14%	-26.63%	-2.95%	-57.52%
2	AMZN Amazon.com, Inc. NDXSPXAI	270.64	31.65	$2.91T	-	16.60%	24.29%	11.73%	984.47%
3	TSLA Tesla, Inc. NDXSPXAI	435.79	399.81	$1.64T	-	5.29%	4.90%	5.19%	-32.94%
4	HD The Home Depot, Inc. SPX	317.14	22.52	$316.23B	2.94%	28.92%	128.38%	1.52%	-6.11%
5	MCD McDonald's Corporation SPX	279.20	23.04	$198.37B	2.66%	22.63%	-	5.06%	11.50%
6	TJX The TJX Companies, Inc. SPX	154.75	30.11	$171.12B	1.24%	32.91%	61.25%	6.53%	16.24%
7	BKNG Booking Holdings Inc. NDXSPX	167.43	22.09	$129.74B	0.96%	67.24%	-	16.35%	20.90%
8	LOW Lowe's Companies, Inc. SPX	214.36	18.12	$120.26B	2.24%	29.62%	-	-3.85%	1.11%
9	PDD PDD Holdings Inc. NDX	84.44	8.87	$120.19B	-	28.69%	25.40%	49.00%	45.85%

Quarterly Results

Figures in USD.

Metric	Sep 2015	Dec 2015	Mar 2016	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Mar 2022	Jun 2022	Sep 2022	Mar 2023	Jun 2023	Sep 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	-	-	-	-	-	-	-	-	-	1.06B	1.44B	1.31B	982.39M	1.06B	1.47B	1.39B	964.93M	1.03B	1.61B	1.68B	1.13B	1.56B	2.06B	1.92B	1.66B	2.17B	1.86B	1.49B	1.90B	1.73B	1.36B	1.81B	1.72B	-	1.41B	1.98B	1.81B	1.17B	1.35B
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	983.90M	1.38B	1.29B	835.32M	951.27M
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	429.63M	592.25M	517.03M	338.24M	403.34M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	409.99M	460.91M	436.67M	391.00M	381.02M
Operating Income	76.22M	24.46M	55.44M	104.05M	87.57M	32.13M	68.84M	134.83M	109.00M	43.28M	45.67M	117.70M	80.66M	-43.02M	16.88M	90.30M	-32.31M	-66.13M	13.27M	203.34M	193.09M	66.50M	168.56M	304.97M	242.67M	149.12M	254.10M	155.53M	58.60M	132.68M	87.93M	4.22M	95.38M	64.42M	-	19.64M	131.35M	80.37M	-52.76M	22.32M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43.23M	151.09M	252.81M	-33.01M	44.64M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	48.84M	51.83M	49.04M	48.92M	48.67M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-28.15M	75.84M	178.11M	-105.64M	-26.75M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3.47M	18.32M	207.46M	3.49M	-84.00K
Net Income	-	-	37.18M	84.11M	68.25M	1.59M	7.37M	19.06M	19.25M	-15.83M	1.82M	24.78M	14.12M	-30.33M	-19.39M	18.02M	-30.69M	-28.52M	-8.16M	58.08M	58.05M	14.38M	62.32M	109.19M	79.70M	44.73M	84.31M	41.13M	3.17M	28.70M	15.96M	-22.31M	9.77M	5.50M	-	-12.28M	30.22M	-40.44M	-67.30M	-16.40M
Diluted EPS	-	-	-	-	-	0.09	-	-	-	-	0.05	0.67	0.38	-	-0.52	0.46	-0.82	-	-0.22	1.54	1.44	-	1.40	2.33	1.72	1.02	2.01	0.97	-	-	-	-	-	-	-	-0.21	0.48	-0.64	-1.07	-0.26

Profit & Loss (Annual)

Figures in USD.

Metric	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue	-	-	-	4.28B	4.79B	4.89B	5.45B	6.91B	6.97B	6.23B	6.10B	6.37B
Cost of Revenue	-	-	-	-	-	-	-	-	4.70B	4.35B	4.27B	4.49B
Gross Profit	-	-	-	-	-	-	-	-	2.26B	1.88B	1.83B	1.88B
Operating Expenses	-	-	-	-	-	-	-	-	1.69B	1.61B	1.65B	1.70B
Operating Income	185.08M	240.27M	276.50M	355.95M	201.01M	8.75M	476.19M	799.54M	575.00M	271.02M	171.19M	178.59M
EBITDA	-	-	-	-	-	-	-	-	648.20M	336.39M	226.50M	414.12M
Interest Expense	-	-	-	-	-	-	-	-	117.78M	218.34M	235.56M	198.62M
Pretax Income	-	-	-	-	-	-	-	-	450.12M	49.40M	-90.26M	120.16M
Tax Provision	-	-	-	-	-	-	-	-	112.28M	-3.53M	-11.38M	225.80M
Net Income	-	174.29M	188.88M	29.85M	10.40M	-60.59M	122.34M	278.46M	123.75M	33.37M	-38.64M	-89.80M
Diluted EPS	-	-	0.07	1.12	0.28	-1.62	3.09	-	3.22	0.55	-0.80	-1.43

Compounded Sales Growth

5 Years:	-2.95%
1 Year:	-4.20%

Compounded Profit Growth

5 Years:	-57.52%
1 Year:	-

Stock Price Performance

1 Year:	-53.72%
6 Months:	-35.31%
3 Months:	-11.90%
1 Month:	+5.77%

Balance Sheet (Annual)

Figures in USD.

Metric	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets	-	1.16B	1.33B	1.46B	2.57B	2.81B	3.38B	3.26B	-	4.80B	4.89B	4.86B	5.04B
Current Assets	-	-	-	-	-	-	-	-	-	2.48B	2.35B	2.27B	2.62B
Cash & Equivalents	36.51M	110.71M	92.03M	114.20M	224.16M	138.56M	147.52M	166.07M	-	130.13M	39.65M	208.42M	215.04M
Inventory	-	-	-	-	-	-	-	-	-	2.12B	2.04B	1.82B	2.11B
Receivables	-	-	-	-	-	-	-	-	-	84.47M	84.49M	89.21M	89.84M
Total Liabilities	-	-	1.64B	1.60B	2.50B	2.77B	3.54B	3.27B	-	4.55B	4.63B	4.38B	4.67B
Current Liabilities	-	-	865.10M	868.42M	1.33B	1.31B	1.30B	1.04B	-	1.87B	1.95B	1.68B	2.18B
Long Term Debt	-	-	-	-	-	-	-	1.12B	-	1.51B	1.52B	1.49B	1.41B
Total Debt	-	-	-	-	-	-	-	-	-	3.78B	3.86B	3.64B	4.08B
Total Equity	-	-	-307.16M	-29.74M	50.51M	44.54M	-32.60M	26.77M	-	147.83M	168.35M	326.56M	228.59M
Shares Outstanding	-	-	-	-	-	-	-	-	-	47.57M	49.57M	62.50M	63.44M

Cash Flows (Annual)

Figures in USD.

Metric	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Operating Cash Flow	112.14M	215.78M	-16.32M	136.29M	251.93M	747.67M	-	189.78M	310.81M	245.16M	-131.99M
Investing Cash Flow	-176.20M	-115.79M	-468.45M	-292.69M	-104.54M	-125.94M	-	-422.54M	-369.41M	-88.17M	-201.16M
Financing Cash Flow	45.37M	-77.82M	594.74M	70.79M	-138.43M	-603.18M	-	95.55M	-31.89M	11.79M	339.77M
Capital Expenditure	-	-	-	-	-	-	-	-211.48M	-200.49M	-100.58M	-252.28M
Free Cash Flow	-	-	-	-	-	-	-	-21.69M	110.31M	144.58M	-384.27M
Net Change in Cash	-	-	-	-	-	-	-	-137.20M	-90.48M	168.78M	6.62M
Share Buybacks	-	-	-	-	0	21.52M	156.26M	79.76M	0	0	-
Dividends Paid	-	1.51M	22.24M	22.70M	22.88M	61.02M	67.18M	105.39M	66.83M	24.75M	31.43M

Ratios (Annual)

Figures in %.

Metric	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Gross Margin %	-	-	-	-	-	-	-	-	32.5%	30.2%	29.9%	29.5%
Operating Margin %	-	-	-	8.3%	4.2%	0.2%	8.7%	11.6%	8.3%	4.4%	2.8%	2.8%
Net Margin %	-	-	-	0.7%	0.2%	-1.2%	2.2%	4.0%	1.8%	0.5%	-0.6%	-1.4%
ROE %	-	-56.7%	-635.1%	59.1%	23.3%	185.9%	457.0%	-	83.7%	19.8%	-11.8%	-39.3%
ROCE %	-	51.4%	47.1%	28.8%	13.4%	0.4%	21.4%	-	19.6%	9.2%	5.4%	6.2%

Shareholding Pattern

Insiders

2.76%

Institutions

105.77%

Public Float

108.77%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Eminence Capital, LP	9.18%	5.83M	$42.75M
2	Blackrock Inc.	8.40%	5.34M	$39.12M
3	Goldman Sachs Group Inc	6.00%	3.81M	$27.95M
4	Hood River Capital Management LLC	5.82%	3.70M	$27.08M
5	Nantahala Capital Management, LLC	5.13%	3.26M	$23.89M
6	Vanguard Portfolio Management LLC	4.72%	3.00M	$21.97M
7	Vanguard Capital Management LLC	4.19%	2.66M	$19.51M
8	Philosophy Capital Management Llc	4.19%	2.66M	$19.49M
9	Millennium Management Llc	4.04%	2.57M	$18.82M
10	State Street Corporation	3.09%	1.96M	$14.39M

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CWH · Consumer Cyclical