Camping World Holdings (CWH) Net Margin (2015 - 2026)
Camping World Holdings (CWH) posted quarterly Net Margin of 2.26% for Q2 2026, down 65.0% year-over-year from 6.46% in Q2 2025, and up 214.84% on a QoQ basis from 1.97% in Q1 2026.
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Camping World Holdings (CWH) Net Margin (2015 - 2026) Analysis & Trends
Camping World Holdings has reported Net Margin for 12 years, with the latest figure at 2.26% in Q2 2026.
- Net Margin for Q2 2026 came in at 2.26%, down 65.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 1.94% (down 176.0% YoY), and the FY2025 annual result was 1.66%, down 49.0% from the prior year.
- Net Margin grew to 2.26% in Q2 2026, from 1.97% in the prior quarter.
- Over five years, Net Margin peaked at 9.13% in Q2 2022 and troughed at 9.3% in Q4 2025.
- A 5-year average of 0.01% and a median of 0.4% in 2024 frame the typical range for Net Margin.
- The widest annual swing landed in 2023, when Net Margin tumbled 612 bps; it then soared 198 bps in 2025.
- A 5-year view of Net Margin shows it stood at 5.5% in 2022, then slipped by 1 bps to 5.54% in 2023, then increased by 22 bps to 4.31% in 2024, then tumbled by 116 bps to 9.3% in 2025, then jumped by 124 bps to 2.26% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 2.26% in Q2 2026, 1.97% in Q1 2026, and 9.3% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 52.87 Bn | 50.13 Bn | 1.38 Bn | 6.95% |
| 2 | Penske Automotive | 14.22 Bn | 14.15 Bn | 1.36 Bn | 3.07% |
| 3 | Rush Enterprises Inc \Tx\ | 9.01 Bn | 8.75 Bn | 361.67 Mn | 3.84% |
| 4 | Carmax | 8.69 Bn | 8.10 Bn | 854.41 Mn | 2.32% |
| 5 | Lithia Motors | 8.26 Bn | 7.90 Bn | 1.50 Bn | 2.67% |
| 6 | Autonation | 6.73 Bn | 6.68 Bn | 1.23 Bn | 2.63% |
| 7 | Uxin | 5.72 Bn | 5.71 Bn | - | 404.76% |
| 8 | Valvoline | 4.10 Bn | 4.02 Bn | 214.90 Mn | 11.84% |
| 9 | Openlane | 4.07 Bn | 3.88 Bn | 248.20 Mn | 6.78% |
| 10 | Camping World Holdings | 410.98 Mn | 186.91 Mn | 538.38 Mn | 2.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.26% |
| Mar 31, 2026 | -1.97% |
| Dec 31, 2025 | -9.30% |
| Sep 30, 2025 | -1.63% |
| Jun 30, 2025 | 2.91% |
| Mar 31, 2025 | -1.75% |
| Dec 31, 2024 | -4.31% |
| Sep 30, 2024 | 0.47% |
| Jun 30, 2024 | 1.30% |
| Mar 31, 2024 | -3.72% |
| Dec 31, 2023 | -5.54% |
| Sep 30, 2023 | 1.79% |
| Jun 30, 2023 | 3.41% |
| Mar 31, 2023 | 0.33% |
| Dec 31, 2022 | -5.50% |
| Sep 30, 2022 | 5.55% |
| Jun 30, 2022 | 9.13% |
| Mar 31, 2022 | 6.45% |
| Dec 31, 2021 | -0.20% |
| Sep 30, 2021 | 9.88% |