Camping World Holdings (CWH) Return on Invested Capital [ROIC] (2016 - 2026)
Camping World Holdings' Return on Invested Capital [ROIC] was 0.00% in Q2 2026, down 6.07 percentage points from 6.07% a year earlier and unchanged from the prior quarter.
Camping World Holdings (CWH) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
From Q4 2016 onward, Camping World Holdings has reported Return on Invested Capital [ROIC] for 39 quarters.
- Return on Invested Capital [ROIC] has now declined for four consecutive years, with a five-year change of -23.27 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 4.11% in FY2024 (-4.40 pp), 8.51% in FY2023 (-6.24 pp), 14.75% in FY2022 (-17.71 pp) and 32.46% in FY2021 (+9.19 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between 0.00% (Q3 2025) and 37.00% (Q3 2021) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for four straight quarters, with an average year-over-year change of -2.21 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q3 2021 (a gain of 18.78 percentage points); the worst was Q3 2023 (a drop of 16.91 percentage points).
- Per Business Quant data, CWH's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 0.00% (Q1 2026), 0.00% (Q4 2025) and 0.00% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,674.18 Bn | 2,190.88 Bn | 104.83 Bn | 11.04% |
| 2 | Home Depot | 319.00 Bn | 312.24 Bn | 16.12 Bn | 23.31% |
| 3 | Tjx Companies | 159.67 Bn | 137.22 Bn | 5.07 Bn | 44.55% |
| 4 | Lowes Companies | 111.47 Bn | 104.43 Bn | 8.58 Bn | 26.54% |
| 5 | O Reilly Automotive | 73.39 Bn | 72.48 Bn | 2.52 Bn | 54.96% |
| 6 | Ross Stores | 73.30 Bn | 56.23 Bn | 2.12 Bn | 33.92% |
| 7 | Target | 69.39 Bn | 63.98 Bn | 8.94 Bn | 14.40% |
| 8 | Carvana | 63.54 Bn | 55.14 Bn | 1.38 Bn | 0.00% |
| 9 | Autozone | 52.26 Bn | 51.16 Bn | 2.52 Bn | 46.31% |
| 10 | Camping World Holdings | 433.83 Mn | -282.51 Mn | 538.38 Mn | 0.00% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.00% |
| Mar 31, 2026 | 0.00% |
| Dec 31, 2025 | 0.00% |
| Sep 30, 2025 | 0.00% |
| Jun 30, 2025 | 6.07% |
| Mar 31, 2025 | 4.61% |
| Dec 31, 2024 | 4.37% |
| Sep 30, 2024 | 3.83% |
| Jun 30, 2024 | 3.97% |
| Mar 31, 2024 | 1.20% |
| Dec 31, 2023 | 8.93% |
| Sep 30, 2023 | 3.57% |
| Jun 30, 2023 | 7.21% |
| Mar 31, 2023 | 11.58% |
| Dec 31, 2022 | 14.85% |
| Sep 30, 2022 | 20.48% |
| Jun 30, 2022 | 22.32% |
| Mar 31, 2022 | 23.96% |
| Dec 31, 2021 | 30.71% |
| Sep 30, 2021 | 37.00% |
Camping World Holdings Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=CWH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=CWH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();