Camping World Holdings (CWH) Net Margin (2015 - 2026)
Camping World Holdings' (CWH) quarterly Net Margin came in at 2.26% in Q2 2026, down 65.0% on a YoY basis from 6.46% in Q2 2025, and up 214.84% quarter-over-quarter from 1.97% in Q1 2026.
Camping World Holdings (CWH) Net Margin (2015 - 2026) Analysis & Trends
Camping World Holdings (CWH) has reported Net Margin for 12 consecutive years, with 2.26% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 65.0% year-over-year to 2.26%; the trailing twelve-month figure through Jun 2026 stood at 1.94% (down 176.0% YoY), and the FY2025 full-year result was 1.66%, down 49.0% from the prior year.
- Net Margin grew to 2.26% in Q2 2026 per CWH's latest filing, from 1.97% in the prior quarter.
- Across five years, Net Margin topped out at 9.13% in Q2 2022 and bottomed at 9.3% in Q4 2025.
- Historically, Net Margin has averaged 0.01% across 5 years, with a median of 0.4% in 2024.
- The sharpest annual moves came in 2023 and 2025: Net Margin sank 612 bps in 2023, then jumped 198 bps in 2025.
- Over 5 years, Net Margin stood at 5.5% in 2022, then declined by 1 bps to 5.54% in 2023, then gained by 22 bps to 4.31% in 2024, then tumbled by 116 bps to 9.3% in 2025, then soared by 124 bps to 2.26% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 2.26%, 1.97%, and 9.3% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 71.88 Bn | 70.24 Bn | 1.38 Bn | 6.95% |
| 2 | Penske Automotive | 13.78 Bn | 13.73 Bn | 1.36 Bn | 3.07% |
| 3 | Carmax | 8.07 Bn | 7.47 Bn | 854.41 Mn | 2.32% |
| 4 | Lithia Motors | 6.87 Bn | 6.53 Bn | 1.50 Bn | 2.67% |
| 5 | Autonation | 5.62 Bn | 5.57 Bn | 1.23 Bn | 2.63% |
| 6 | Uxin | 5.40 Bn | 5.46 Bn | 10.88 Mn | -9.13% |
| 7 | Sonic Automotive | 5.39 Bn | 5.37 Bn | 616.20 Mn | 1.46% |
| 8 | Asbury Automotive | 3.36 Bn | 3.32 Bn | 753.10 Mn | 2.61% |
| 9 | Group 1 Automotive | 3.02 Bn | 2.86 Bn | 860.60 Mn | 1.92% |
| 10 | Camping World Holdings | 588.78 Mn | 517.81 Mn | 538.38 Mn | 2.26% |
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% |
Camping World Holdings Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=CWH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "CWH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=CWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();