Camping World Holdings (CWH) Net Margin (2015 - 2026)
Camping World Holdings (CWH) reported Net Margin of 1.97% for Q1 2026, down 22.0% on a YoY basis from 2.52% in Q1 2025, and up 78.83% quarter-over-quarter from 9.3% in Q4 2025.
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 1.97% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 22.0% year-over-year to 1.97%; the trailing twelve-month figure through Mar 2026 stood at 1.71% (down 85.0% YoY), and the FY2025 full-year result was 1.66%, down 37.0% from the prior year.
- Net Margin for Q1 2026 stood at 1.97%, up from 9.3% in the prior quarter.
- The five-year high for Net Margin was 9.13% in Q2 2022, with the low at 9.3% in Q4 2025.
- Historically, Net Margin has averaged 0.13% across 5 years, with a median of 0.33% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin plunged 1475 bps — and 2025, when it soared 198 bps.
- Camping World Holdings' Net Margin stood at 5.5% in 2022, then gained by 14 bps to 4.75% in 2023, then fell by 4 bps to 4.94% in 2024, then sank by 88 bps to 9.3% in 2025, then surged by 79 bps to 1.97% in 2026.
- The last three Net Margin figures came in at 1.97% (Q1 2026), 9.3% (Q4 2025), and 1.63% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn | -7.31% |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn | 6.30% |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn | -2.03% |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn | 1.10% |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn | 3.13% |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn | 3.87% |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn | -0.10% |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn | 7.12% |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn | 0.01% |
| 10 | Camping World Holdings | 406.89 Mn | 341.58 Mn | 403.34 Mn | -1.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -4.94% |
| Sep 30, 2024 | 0.47% |
| Jun 30, 2024 | 1.30% |
| Mar 31, 2024 | -3.72% |
| Dec 31, 2023 | -4.75% |
| 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 | 9.26% |
| Sep 30, 2021 | 9.88% |
| Jun 30, 2021 | 11.93% |