KPIs & Operating Metrics(New)
Growth Metrics

Camping World Holdings (CWH) Gross Margin (2016 - 2025)

Camping World Holdings (CWH) has disclosed Gross Margin for 11 consecutive years, with 28.82% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin fell 247.0% year-over-year to 28.82%, compared with a TTM value of 29.47% through Dec 2025, down 45.0%, and an annual FY2025 reading of 29.47%, down 45.0% over the prior year.
  • Gross Margin was 28.82% for Q4 2025 at Camping World Holdings, up from 28.63% in the prior quarter.
  • Across five years, Gross Margin topped out at 36.85% in Q2 2021 and bottomed at 28.63% in Q3 2025.
  • Average Gross Margin over 5 years is 31.48%, with a median of 30.49% recorded in 2022.
  • The sharpest move saw Gross Margin skyrocketed 644bps in 2021, then crashed -459bps in 2022.
  • Year by year, Gross Margin stood at 35.18% in 2021, then decreased by -13bps to 30.59% in 2022, then increased by 1bps to 30.96% in 2023, then grew by 1bps to 31.29% in 2024, then decreased by -8bps to 28.82% in 2025.
  • Business Quant data shows Gross Margin for CWH at 28.82% in Q4 2025, 28.63% in Q3 2025, and 29.97% in Q2 2025.