Camping World Holdings (CWH) Operating Margin (2015 - 2026)
Camping World Holdings' (CWH) quarterly Operating Margin came in at 4.75% in Q2 2026, down 184.0% on a YoY basis from 5.65% in Q2 2025, and up 191.29% quarter-over-quarter from 1.63% in Q1 2026.
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Camping World Holdings (CWH) Operating Margin (2015 - 2026) Analysis & Trends
Camping World Holdings (CWH) has reported Operating Margin for 12 consecutive years, with 4.75% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin fell 184.0% year-over-year to 4.75%; the trailing twelve-month figure through Jun 2026 stood at 2.28% (down 88.0% YoY), and the FY2025 full-year result was 2.83%, up 39.0% from the prior year.
- Operating Margin climbed to 4.75% in Q2 2026 per CWH's latest filing, from 1.63% in the prior quarter.
- Across five years, Operating Margin topped out at 11.72% in Q2 2022 and bottomed at 4.26% in Q4 2025.
- Historically, Operating Margin has averaged 3.74% across 5 years, with a median of 4.16% in 2023.
- The sharpest annual moves came in 2022 and 2025: Operating Margin sank 529 bps in 2022, then soared 131 bps in 2025.
- Over 5 years, Operating Margin stood at 0.76% in 2022, then tumbled by 243 bps to 1.09% in 2023, then slipped by 17 bps to 1.28% in 2024, then sank by 232 bps to 4.26% in 2025, then soared by 211 bps to 4.75% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 4.75%, 1.63%, and 4.26% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 71.60 Bn | 69.97 Bn | 1.38 Bn | 9.22% |
| 2 | Penske Automotive | 13.96 Bn | 13.91 Bn | 1.36 Bn | 3.97% |
| 3 | Carmax | 8.11 Bn | 7.52 Bn | 854.41 Mn | 2.74% |
| 4 | Lithia Motors | 6.96 Bn | 6.62 Bn | 1.50 Bn | 4.58% |
| 5 | Autonation | 5.57 Bn | 5.51 Bn | 1.23 Bn | 4.60% |
| 6 | Sonic Automotive | 5.24 Bn | 5.22 Bn | 616.20 Mn | 3.35% |
| 7 | Uxin | 5.15 Bn | 5.21 Bn | 10.88 Mn | -6.20% |
| 8 | Asbury Automotive | 3.29 Bn | 3.25 Bn | 753.10 Mn | 5.01% |
| 9 | Group 1 Automotive | 2.94 Bn | 2.77 Bn | 860.60 Mn | 3.77% |
| 10 | Camping World Holdings | 579.48 Mn | 508.51 Mn | 538.38 Mn | 4.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.75% |
| Mar 31, 2026 | 1.63% |
| Dec 31, 2025 | -4.26% |
| Sep 30, 2025 | 4.38% |
| Jun 30, 2025 | 6.59% |
| Mar 31, 2025 | 1.47% |
| Dec 31, 2024 | -1.28% |
| Sep 30, 2024 | 3.73% |
| Jun 30, 2024 | 5.28% |
| Mar 31, 2024 | 0.31% |
| Dec 31, 2023 | -1.09% |
| Sep 30, 2023 | 5.08% |
| Jun 30, 2023 | 6.98% |
| Mar 31, 2023 | 3.94% |
| Dec 31, 2022 | 0.76% |
| Sep 30, 2022 | 8.38% |
| Jun 30, 2022 | 11.72% |
| Mar 31, 2022 | 8.97% |
| Dec 31, 2021 | 6.05% |
| Sep 30, 2021 | 12.66% |
API Access
Camping World Holdings Operating 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=operating-margin&ticker=CWH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=CWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();