Camping World

CWH Consumer Cyclical Auto & Truck Dealerships

Camping World’s revenue for fiscal 2025 (year ended December 2025) was $6.4 billion, up 4.41% from fiscal 2024. In the quarter to June 2026, revenue fell 2.12%, EPS fell 12.5%, free cash flow grew 168.0% and total debt fell 6.46%, each against the same quarter a year earlier.

4.50 0.07 −1.53%
Market cap
$472.1M
P/E
0.0×
Fwd P/E
13.9×
Dividend yield
2.78%
F-score
2/9
Altman Z
1.57
Beneish M
−2.17
Dividend safety
0/100

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 6.97%

Capital & Financial Ratios $m

Market Cap 472.06
Revenue 6,268.32
Net Income (121.43)
Free Cash Flow 242.78
Net Debt 1,305.35
Current Ratio 1.22
Debt/Equity 3.84 (above 2: weak)
P/E ratio 0.00
Fwd P/E 13.90
P/S ratio 0.05
P/B ratio 0.72
Past 5Y EPS Growth —
This Y EPS Growth (5.57%) (below 0%: weak)
Next Y EPS Growth 241.19% (at or above 15%: strong)
Next Y revenue growth (4.02%) (below 0%: weak)
Next 5Y EPS Growth 78.47% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 0.63%
10-year low 10-year high
P/B against its own 10 years 0.20%
10-year low 10-year high
EV/Sales against its own 10 years 0.28%
10-year low 10-year high
EV/FCF against its own 10 years 30.43%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate 0.13
Annual Dividend Yield 2.78%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 Powerpack
2025 0.62
0.13
0.13
0.13
0.13
2024 0.50
0.13
0.13
0.13
0.13
2023 1.50
0.63
0.63
0.13
0.13
2022 2.50
0.63
0.63
0.63
0.63
2021 1.25
0.14
0.25
0.50
0.50
2020 0.17
0.08
0.07
0.09
0.14
2019 0.24
0.08
0.08
0.08
0.07
2018 0.08
0.07
0.07
0.08
0.07
2017 0.08
0.08
0.07
0.07
0.20
2016 0.08
0.08
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 40 208 215 224
Receivables 128 120 170 162
Inventory 2,043 1,822 2,112 1,860
Other 90 63 54 139
2,349 2,271 2,618 2,454
2023 2024 2025 Q'26
Payables 134 145 148 254
ST’ Debt 22 23 58 28
Other 99 71 81 82
1,948 1,681 2,183 2,009

Compound Annual Growth %

10y 5y 3y
Sales 6.87% 3.18% (2.95%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 0.00% 14.50%

Revenue $m

Mar Jun Sep Dec Year
’26 1,355 1,934 — — —
’25 1,414 1,976 1,806 1,174 6,369
’24 1,364 1,807 1,725 1,204 6,100
’23 1,487 1,901 1,730 1,109 6,227
’22 1,662 2,169 1,856 1,280 6,967
’21 1,558 2,062 1,917 1,378 6,914
’20 1,027 1,607 1,679 1,134 5,447
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (66) 399 — — —
’25 (232) 188 140 (227) (132)
’24 (68) 152 324 (163) 245
’23 199 29 315 (232) 311
’22 (210) 394 340 (334) 190
’21 88 372 112 (418) 154
’20 (15) 531 413 (181) 748
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (49) 384 — — —
’25 (297) 143 100 (192) (246)
’24 (69) 140 322 (184) 209
’23 179 (5) 246 (265) 154
’22 (259) 353 277 (384) (13)
’21 52 313 58 (517) (94)
’20 (24) 526 412 (243) 672
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.26) 0.42 — — —
’25 (0.21) 0.48 (0.64) (1.07) (1.43)
’24 (0.51) 0.22 0.09 (0.56) (0.80)
’23 0.05 0.64 0.32 (0.49) 0.55
’22 1.02 2.01 0.97 (0.79) 3.22
’21 1.40 2.33 1.72 0.54 6.07
’20 (0.22) 1.54 1.44 0.34 3.09
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 20.45 26.30 11.01 7.12 3.40 25.69 20.55 16.18 17.29 9.49

Analyst estimates 2026–2028

Powerpack
High 33.59 47.62 47.09 16.12 42.49 49.20 41.70 32.88 28.72 24.37
People
People Employees 7,511 10,576 12,946 12,207 11,947 13,084 13,411 12,656 13,060 11,427
Revenue/emp, $m 0.47 0.40 0.37 0.40 0.46 0.53 0.52 0.49 0.47 0.56
Income, $m
Income, $m Revenue 3,516 4,280 4,792 4,892 5,447 6,914 6,967 6,227 6,100 6,369
Gross margin, % 28.26 28.99 28.44 26.32 31.26 35.53 32.47 30.17 29.93 29.47
EBT 204 386 96 (91) 402 734 450 49 (90) 120
EBT margin, % 5.81 9.01 2.01 (1.85) 7.38 10.62 6.46 0.79 (1.48) 1.89
Net income 198 231 66 (120) 344 642 338 53 (79) (106)
Depreciation 26 32 90 61 53 68 83 71 84 98
Per share, $
Per share, $ Revenue 187.38 160.76 129.57 131.12 138.30 153.61 164.37 139.53 127.07 101.54
Earnings 10.58 (0.70) 0.28 (1.62) 3.11 6.19 3.23 0.70 (0.80) (1.43)
Cash flow 11.50 (0.61) 3.69 6.75 18.98 3.42 4.48 6.96 5.11 (2.10)
Capex (1.98) (2.84) (5.23) (1.50) (1.93) (5.50) (4.78) (3.51) (0.75) (1.83)
Free cash flow 9.52 (3.45) (1.55) 5.25 17.06 (2.08) (0.30) 3.46 4.36 (3.93)
Book value (7.68) 2.70 0.89 (4.27) (0.23) 5.20 5.84 5.78 10.10 5.93
Shares, m 19 27 37 37 39 45 42 45 48 63
Valuation, ×
Valuation, × P/E 31.30 1,138.75 27.98 0.00 8.35 6.56 6.82 37.24 0.00 0.00
P/S 0.67 0.28 0.09 0.11 0.19 0.26 0.13 0.19 0.17 0.10
P/B 0.00 16.90 12.89 0.00 0.00 7.77 3.78 4.57 2.09 1.64
EV/Sales 0.82 0.45 0.31 0.33 0.38 0.44 0.35 0.45 0.40 0.31
EV/FCF 16.11 (21.10) (26.07) 8.29 3.04 (32.46) (191.21) 18.02 11.71 (8.08)
Cash, $m
Cash, $m Operating cash flow 216 (16) 136 252 748 154 190 311 245 (132)
Capex (37) (75) (193) (56) (76) (248) (203) (157) (36) (115)
Free cash flow 179 (92) (57) 196 672 (94) (13) 154 209 (246)
Balance, $m
Balance, $m Working capital 258 476 583 395 459 686 611 401 590 435
Total debt 628 917 1,205 1,209 1,183 1,489 1,625 1,640 1,648 1,597
Net debt 513 693 1,066 1,061 1,017 1,222 1,495 1,600 1,439 1,382
Shareholders’ equity (144) 72 33 (159) (9) 234 248 258 485 372
Returns, %
Returns, % ROA 13.52 1.48 0.39 (1.96) 3.69 7.30 2.70 0.69 (0.79) (1.81)
ROIC 46.80 29.10 11.43 0.61 29.52 34.33 20.39 8.98 4.83 6.42
ROE (86.05) (82.50) 19.87 95.93 (145.25) 247.89 51.39 13.20 (10.40) (20.96)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Camping World vs peers in Auto & Truck Dealerships (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
GPI Group 1 Automotive, Inc. $2.9B 10.1× 7.1× −5.58% (below 0%: shrinking) −20.37% (below 0%: shrinking) −45.18% (below 0%: shrinking) 15.98% 3.77% Compare
CARG CarGurus, Inc. $2.7B 16.2× 14.1× +13.05% (above 0%: growing) +139.13% (above 0%: growing) +34.33% (above 0%: growing) 92.08% 25.10% Compare
BGSI Boyd Group Services Inc. $2.3B 122× — +28.05% (above 0%: growing) n/m +102.28% (above 0%: growing) 46.52% 2.03% Compare
SAH Sonic Automotive, Inc. $2.0B 10.0× 11.4× +7.57% (above 0%: growing) n/m −296.46% (below 0%: shrinking) 15.66% 3.35% Compare
DRVN Driven Brands Holdings Inc. $2.0B 11.5× 13.1× +6.78% (above 0%: growing) −27.59% (below 0%: shrinking) −82.95% (below 0%: shrinking) 44.32% 14.40% Compare
ACVA ACV Auctions Inc. $1.8B — (loss-making) — (loss-making) +10.45% (above 0%: growing) n/m −2,967.19% (below 0%: shrinking) 49.88% (2.83%) Compare
CWH Camping World $472.1M — (loss-making) 13.9× −2.12% (below 0%: shrinking) −12.50% (below 0%: shrinking) +167.97% (above 0%: growing) 27.84% 4.75%
UXIN Uxin Limited Sponsored ADR $228.6M — (loss-making) — (loss-making) +84.64% (above 0%: growing) n/m −2,739.95% (below 0%: shrinking) (0.75%) (13.20%) Compare
RDNW RideNow Group, Inc. $190.8M — (loss-making) — (loss-making) −1.03% (below 0%: shrinking) n/m −122.35% (below 0%: shrinking) 28.57% 6.03% Compare
Median of peers $2.0B 11.5× 12.3× +9.01% −20.37% −102.65% 36.45% 3.56%

All 26 Auto & Truck Dealerships stocks →

Camping World (CWH) key facts

  • Strength: Camping World’s revenue for fiscal 2025 (year ended December 2025) was $6.4 billion, up 4.41% from fiscal 2024.
  • Camping World (CWH) is an Auto & Truck Dealerships company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, CWH traded at $4.50, a market capitalization of $472.1 million.
  • Camping World pays an annual dividend of $0.13 per share, a yield of 2.78%.
  • Return on equity was −21.0% and debt-to-equity 3.84.
  • Its Piotroski F-score is 2 out of 9 and its Altman Z-score is 1.57 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Camping World (CWH) Latest News

7 Aug

31 Jul

Impact 3 · transcript

30 Jul

1 May

23 Mar

27 Feb

stockrow.com/CWH · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com