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
DateValue
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%