Camping World Holdings, Inc. (CWH) Stock

Camping World Holdings, Inc. (CWH) is a Consumer Discretionary stock trading at $6.51 (as of 2026-08-20), with a market capitalization of $260.46M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Camping World Holdings, Inc. through its subsidiaries retails recreational vehicles and related products and services. It operates in Good Sam Services and Plans and RV and Outdoor Retail, offering service contracts, roadside assistance and insurance-type programs, travel protection, RV and outdoor retail products, repair and maintenance, and related consumer media and events.

Understand Camping World Holdings, Inc.: how it makes money

Camping World Holdings retails recreational vehicles (RVs) and related products, and it also sells RV industry services and protection plans (through Good Sam). It makes money from new and used RV sales, plus services, plans, and related financial and insurance revenue.

Earnings depend on balancing cyclical, unit-driven RV retail (new and used vehicle sales, plus pricing) with an additional services and protection plans revenue stream.

Revenue by segment (latest quarter)
RV & Outdoor Retail$1.3B
Good Sam Services & Plans$0.1B

Business quality (Weak): The business combines RV sales with services and plans, but profitability appears tight, and reported pricing declines and inventory levels point to sensitivity to the RV demand and price environment.

Bull case

  • Two engines, not just one: In addition to RV and outdoor retail sales, the company operates a second segment focused on Good Sam services and plans, which should help diversify what drives results.
  • After-sales footprint: The company reports a large service footprint (2,538 service bays) and a broad retail presence (199 store locations), which can support ongoing service demand alongside vehicle sales.

Bear case

  • Pricing pressure risk: Reported average selling price declines are high for both new vehicles (9.6%) and used vehicles (10.8%), which can compress results even if unit sales hold up.
  • Low operating margin sensitivity: With an operating margin of 1.6% for the latest period provided, relatively small changes in sales mix, pricing, or costs can have an outsized impact on profitability.
Valuation — source: SEC EDGAR (first-party)
Price$6.51
Market Cap$260.46M
EV / EBITDA4.6
Price / Book0.65
Price / Sales0.04
DCF Value (model)$127.49
DCF Upside vs Price1858.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$6.37B
Net Margin-1.4%
Revenue Growth (YoY)4.4%
Financial Health — source: SEC EDGAR
Altman Z-Score1.52 (distress)
Valuation vs Sector & Industry
Sector P/E (Consumer Discretionary)20.5
Industry P/E (Retail)19.5
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($58.58M)
Institutional Holders Tracked10
Congressional Trades (recent)2
Company
SectorConsumer Discretionary
IndustryRetail
CEOMatthew D. Wagner
Employees12,701
CountryUS
IPO Date2016-10-07

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CWH earnings history · CWH institutional & insider holders · CWH KPIs & operating metrics · CWH financials · CWH investor presentations & press releases · CWH SEC filings · CWH peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.