CWH vs CVNA Stock Comparison

Camping World Holdings and Carvana Prices as of Oct 28, 2026 Peers: Industry group
CVNA Carvana Co.
$59.06 -2.4% 1M -18.5% 1Y
Market cap
$65.11B
P/E
25.0x
Revenue (TTM)
$27.45B
Div. yield
–
Auto Dealerships Consumer Discretionary
8 wins

Head to Head

10 decided of 12

Carvana leads on 8 of the 12 questions below (Carvana 8, Camping World Holdings 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCWHCVNALeader
Larger companyMarket capitalisation $473.09M $65.11B CVNA
Cheaper on earningsLower P/E, profitable companies only -3.0x 25.0x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 26.9x 37.9x CWH
Faster revenue growthRevenue growth, trailing twelve months -0.8% +50.3% CVNA
More profitableNet margin, trailing twelve months -1.6% 6.2% CVNA
Better return on capitalReturn on invested capital 0.0% 0.0% CWH
Less leveragedLower net debt / EBITDA 10.5x 0.8x CVNA
Higher dividend yieldTrailing dividend yield 2.73% — –
Better 1-year returnPrice return, last 12 months -72.8% -18.5% CVNA
Better 5-year returnAnnualised price return, 5 years -34.3%/yr -0.5%/yr CVNA
Less volatileAnnualised volatility, 1 year 74.7% 62.0% CVNA
Higher overall scoreMean of the five percentile scores vs peers 34/100 51/100 CVNA

Percentile Scorecard

CWHCVNA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCWHCVNA
Valuation 73 #29 of 104 9 #95 of 104
Growth 14 #84 of 98 100 #1 of 98
Profitability 28 #69 of 96 64 #35 of 96
Financial Health 7 #102 of 110 66 #38 of 110
Shareholder Returns 49 #37 of 71 16 #60 of 71
Overall 34 51
  • CWH ranked among 115 companies in Retail
  • CVNA ranked among 115 companies in Retail

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCWHCVNASPY
1 month -11.2%-2.4% +0.9%
3 months -24.4%-11.0% +5.9%
6 months -33.9%-25.5% +8.5%
Year to date -52.9%-30.0% +13.3%
1 year -72.8%-18.5% +12.4%
3 years -72.4%+932.5% +88.1%
3 years, per year -34.9%+117.9% +23.5%
5 years -87.7%-2.6% +68.2%
5 years, per year -34.3%-0.5% +11.0%
10 years -79.5%— +263.4%
10 years, per year -14.7%— +13.8%

Risk

MeasureCWHCVNASPY
Volatility, 1Y 74.7%62.0% 12.7%
Downside volatility, 1Y 75.9%67.8% 12.7%
Beta vs S&P 500, 1Y 2.212.31 1.00
Return / volatility, 1Y -0.97-0.30 0.98
Max drawdown, 5Y -90.8%-98.8% -25.4%
From 52-week high -72.8%-38.3% -0.9%
52-week high $16.82$95.69 $779.14
52-week low $4.20$56.26 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCWHCVNA
P/E now vs peer median -3.0xmedian 16.7x 25.0xmedian 16.7x
P/S now vs peer median 0.1xmedian 0.4x 2.4xmedian 0.4x
EV/EBITDA now vs peer median 12.4xmedian 9.2x 25.0xmedian 9.2x
P/FCF now vs peer median 9.5xmedian 16.0x 58.5xmedian 16.0x
P/B now vs peer median 1.2xmedian 1.6x 11.5xmedian 1.6x
PEG now vs peer median 0.05median 0.73 0.20median 0.73

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCWHCVNA
Revenue $6.27B $27.45B
Gross profit $1.80B $5.23B
Operating income $143.03M $2.40B
Net income -$121.43M $2.35B
Free cash flow $50.00M $1.11B
EPS (diluted) $-1.52 $2.31
Cash & equivalents $224.07M $3.05B
Total debt $2.73B $5.23B
Shares (diluted) 64.18M 739.91M
Enterprise value -$243.26M $55.99B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCWHCVNA
P/E -3.0x 25.0x
P/FCF 9.5x 58.5x
P/Operating cash flow 1.9x 49.0x
P/S 0.1x 2.4x
P/B 1.2x 11.5x
P/Tangible book 1.2x 11.6x
EV/EBITDA 12.4x 25.0x
EV/EBIT 20.8x 28.0x
EV/Revenue 0.5x 2.5x
EV/FCF 59.6x 60.5x
EV/Operating cash flow 12.1x 50.6x
PEG (3Y EPS CAGR) 0.05 0.20

Growth

14 metrics
MetricCWHCVNA
Revenue growth (1Y) -0.8% 50.3%
Revenue CAGR (3Y) -1.3% 34.9%
Gross profit growth (1Y) -5.3% 33.9%
Gross profit CAGR (3Y) -3.5% 51.1%
Operating income growth (1Y) -28.5% 39.7%
Operating income CAGR (3Y) -26.3% 91.2%
Net income growth (1Y) -551.2% 113.2%
Net income CAGR (3Y) -47.2% 61.9%
EPS growth (1Y) -1,065% 168.1%
EPS CAGR (3Y) -65.8% 127.7%
Operating cash flow growth (1Y) 111.5% 99.7%
Operating cash flow CAGR (3Y) 1.7% 63.7%
Free cash flow growth (1Y) 188.5% 103.8%
Free cash flow CAGR (3Y) 18.3% 86.0%

Profitability

14 metrics
MetricCWHCVNA
Gross margin 28.7% 19.0%
EBITDA margin 3.8% 9.8%
Operating margin 2.3% 8.7%
Pretax margin 1.4% -0.9%
Net margin -1.6% 6.2%
FCF margin 0.8% 4.1%
Operating cash flow margin 3.9% 4.8%
Return on equity -32.5% 43.6%
Return on assets -2.4% 15.8%
Return on invested capital 0.0% 0.0%
Return on capital employed 4.8% 18.8%
Asset turnover 1.3x 1.8x
Cash conversion (OCF / net income) -2.0x 0.6x
Stock comp / revenue 0.6% 0.4%

Financial Health

11 metrics
MetricCWHCVNA
Debt / assets 56.2% 34.4%
Debt / equity 6.8x 0.9x
Net debt / EBITDA 10.5x 0.8x
Debt / FCF 54.6x 4.7x
Liabilities / assets 91.8% 62.8%
Equity / assets 8.2% 37.2%
Interest coverage – 6.1x
Current ratio 1.2x 4.1x
Quick ratio 0.2x 1.6x
Cash ratio 0.1x 1.4x
Altman Z-score 1.57 7.01

Shareholder Returns

7 metrics
MetricCWHCVNA
Dividend yield 2.7% –
Net buyback yield – 0.0%
Shareholder yield 2.7% 0.0%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCWHCVNA
Forward P/E 26.9xFY2026 37.9xFY2026
EPS, next fiscal year $0.17FY2026 $1.56FY2026
EPS growth, next FY -10.5%FY2026 -7.7%FY2026
EPS growth, the year after +223.5% +36.5%
Revenue, next fiscal year $6.35BFY2026 $27.22BFY2026
Revenue growth, next FY -0.3%FY2026 +34.0%FY2026
Revenue growth, the year after -3.2% +25.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCWHCVNA
Held by institutions 96.7% 67.3%
Institutions holding 209 819
Change in shares held, QoQ -4.1% -1.7%
Institutions buying 118 480
Institutions selling 57 267
Buyers to sellers 2.07 1.80

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CWHCVNA
CWH 1.00 0.29
CVNA 0.29 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, CWH and CVNA?

Carvana (CVNA) is the largest by market capitalisation: Camping World Holdings (CWH) $473.09M, Carvana (CVNA) $65.11B.

Which company is growing faster?

Carvana (CVNA) grew revenue fastest over the trailing twelve months: Camping World Holdings (CWH) -0.8%, Carvana (CVNA) +50.3%.

Which company is more profitable?

Carvana (CVNA) has the highest net margin (Camping World Holdings (CWH) -1.6%, Carvana (CVNA) 6.2%). On return on invested capital, Camping World Holdings (CWH) leads (Camping World Holdings (CWH) 0.0%, Carvana (CVNA) 0.0%).

Which stock has performed better?

Over the past year Carvana (CVNA) returned the most: Camping World Holdings (CWH) -72.8%, Carvana (CVNA) -18.5%. Over five years, Carvana (CVNA) compounded fastest (Camping World Holdings (CWH) -34.3%/yr, Carvana (CVNA) -0.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Camping World Holdings (CWH) 2.73%. Carvana (CVNA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Carvana (CVNA) has been the steadiest (Camping World Holdings (CWH) 74.7%, Carvana (CVNA) 62.0%). Volatility measures how widely the price swings, not the risk of the business.

Do CWH and CVNA move together?

Their daily returns over the past year have a correlation of 0.29, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, CWH and CVNA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Carvana (CVNA) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.