Camping World Holdings (CWH) Gross Margin (2015 - 2026)

Camping World Holdings (CWH) posted Gross Margin of 29.78% for Q1 2026, up 3.31% quarter-over-quarter from 28.82% in Q4 2025, and down 62.0% year-on-year from 78.36% in Q1 2025.

Camping World Holdings (CWH) Gross Margin (2015 - 2026) Analysis & Trends

Camping World Holdings (CWH) has reported Gross Margin for 12 consecutive years, with 29.78% the latest figure, recorded in Q1 2026.

  • Gross Margin for Q1 2026 came in at 29.78%, down 62.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 29.33% (down 80.0% YoY), and the FY2025 annual result was 29.47%, down 45.0% from the prior year.
  • Gross Margin was 29.78% for Q1 2026 at Camping World Holdings, up from 28.82% in the prior quarter.
  • Over five years, Gross Margin peaked at 33.7% in Q1 2022 and troughed at 28.63% in Q3 2025.
  • Average Gross Margin over 5 years is 30.46%, with a median of 30.24% recorded in 2023.
  • Year-over-year, Gross Margin plunged 459 bps in 2022 and surged 89 bps in 2025.
  • Over 5 years, Gross Margin stood at 30.59% in 2022, then climbed by 1 bps to 30.96% in 2023, then increased by 1 bps to 31.29% in 2024, then slipped by 8 bps to 28.82% in 2025, then grew by 3 bps to 29.78% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 29.78% in Q1 2026, 28.82% in Q4 2025, and 28.63% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - -
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn 19.76%
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 16.52%
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn 10.66%
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn 15.33%
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn 18.48%
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn 21.60%
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn 37.12%
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn 17.67%
10 Camping World Holdings 476.72 Mn 411.41 Mn 403.34 Mn 29.78%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 36.85%