KPIs & Operating Metrics(New)
Growth Metrics

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

Camping World Holdings (CWH) has disclosed Net Margin for 11 consecutive years, with 4.26% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Net Margin rose 168.0% year-over-year to 4.26%, compared with a TTM value of 0.73% through Dec 2025, up 76.0%, and an annual FY2025 reading of 2.83%, up 432.0% over the prior year.
  • Net Margin was 4.26% for Q4 2025 at Camping World Holdings, down from 1.63% in the prior quarter.
  • Across five years, Net Margin topped out at 11.93% in Q2 2021 and bottomed at 5.95% in Q4 2024.
  • Average Net Margin over 5 years is 2.33%, with a median of 2.09% recorded in 2023.
  • The sharpest move saw Net Margin surged 1084bps in 2021, then plummeted -783bps in 2023.
  • Year by year, Net Margin stood at 4.3% in 2021, then tumbled by -44bps to 2.4% in 2022, then plummeted by -326bps to 5.43% in 2023, then dropped by -9bps to 5.95% in 2024, then rose by 28bps to 4.26% in 2025.
  • Business Quant data shows Net Margin for CWH at 4.26% in Q4 2025, 1.63% in Q3 2025, and 2.91% in Q2 2025.