Camping World Holdings (CWH) Gross Margin (2015 - 2026)
Camping World Holdings' (CWH) quarterly Gross Margin came in at 27.84% in Q2 2026, down 214.0% on a YoY basis from 24.42% in Q2 2025, and down 6.51% quarter-over-quarter from 29.78% in Q1 2026.
Camping World Holdings (CWH) Gross Margin (2015 - 2026) Analysis & Trends
Camping World Holdings (CWH) has reported Gross Margin for 12 consecutive years, with 27.84% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 214.0% year-over-year to 27.84%; the trailing twelve-month figure through Jun 2026 stood at 28.67% (down 136.0% YoY), and the FY2025 full-year result was 29.47%, down 45.0% from the prior year.
- Gross Margin declined to 27.84% in Q2 2026 per CWH's latest filing, from 29.78% in the prior quarter.
- Across five years, Gross Margin topped out at 33.7% in Q1 2022 and bottomed at 27.84% in Q2 2026.
- Historically, Gross Margin has averaged 30.32% across 5 years, with a median of 30.14% in 2023.
- The sharpest annual moves came in 2022 and 2025: Gross Margin tumbled 459 bps in 2022, then jumped 89 bps in 2025.
- Over 5 years, Gross Margin stood at 30.59% in 2022, then advanced by 1 bps to 30.96% in 2023, then grew by 1 bps to 31.29% in 2024, then decreased by 8 bps to 28.82% in 2025, then slipped by 3 bps to 27.84% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 27.84%, 29.78%, and 28.82% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 71.60 Bn | 69.97 Bn | 1.38 Bn | 18.76% |
| 2 | Penske Automotive | 13.96 Bn | 13.91 Bn | 1.36 Bn | 15.94% |
| 3 | Carmax | 8.11 Bn | 7.52 Bn | 854.41 Mn | 10.66% |
| 4 | Lithia Motors | 6.96 Bn | 6.62 Bn | 1.50 Bn | 15.29% |
| 5 | Autonation | 5.57 Bn | 5.51 Bn | 1.23 Bn | 17.77% |
| 6 | Sonic Automotive | 5.24 Bn | 5.22 Bn | 616.20 Mn | 15.66% |
| 7 | Uxin | 5.15 Bn | 5.21 Bn | 10.88 Mn | 6.99% |
| 8 | Asbury Automotive | 3.29 Bn | 3.25 Bn | 753.10 Mn | 17.18% |
| 9 | Group 1 Automotive | 2.94 Bn | 2.77 Bn | 860.60 Mn | 15.98% |
| 10 | Camping World Holdings | 579.48 Mn | 508.51 Mn | 538.38 Mn | 27.84% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.84% |
| Mar 31, 2026 | 29.78% |
| Dec 31, 2025 | 28.82% |
| Sep 30, 2025 | 28.63% |
| Jun 30, 2025 | 29.97% |
| Mar 31, 2025 | 30.39% |
| Dec 31, 2024 | 31.29% |
| Sep 30, 2024 | 28.90% |
| Jun 30, 2024 | 30.32% |
| Mar 31, 2024 | 29.50% |
| Dec 31, 2023 | 30.96% |
| Sep 30, 2023 | 30.24% |
| Jun 30, 2023 | 30.05% |
| Mar 31, 2023 | 29.66% |
| Dec 31, 2022 | 30.59% |
| Sep 30, 2022 | 31.99% |
| Jun 30, 2022 | 33.05% |
| Mar 31, 2022 | 33.70% |
| Dec 31, 2021 | 35.18% |
| Sep 30, 2021 | 36.07% |
Camping World Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CWH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CWH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();