Camping World Holdings Inc
Camping World Holdings Inc operates in the recreational vehicle and camping equipment sector, generating revenue through retail sales and related services, though specific product lines are not detailed in the available data.
Business. Camping World Holdings Inc operates in the recreational vehicle and camping equipment sector, generating revenue through retail sales and related services, though specific product lines are not detailed in the available data.
Analyst recommendations
13 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Camping World Holdings Inc (CWH.O) has seen its activity and economic sector taxonomies updated to "Unclassified," a change classified as medium severity. This shift in classification status represents the most material update to the company's profile, indicating a lack of specific categorization in these areas within the current dataset. Concurrently, the company's risk assessment framework has been populated with new fields. Dilution risk is now recorded as "unknown," while liquidity risk has been established at a "medium" level. Both of these risk indicators are classified as low severity, suggesting that while the metrics are now defined, they do not currently signal immediate high-level distress. These updates occur against a backdrop of limited external coverage metrics. The company currently reports zero officers, zero analysts, and zero index memberships in its profile. However, it maintains a base of 26 top holders, indicating a defined shareholder structure despite the absence of analyst or index tracking data. The significance of these changes lies in the formalization of the company's risk and classification profile. By moving from null values to specific states—whether "Unclassified" for taxonomy or "medium" for liquidity risk—the data provides a clearer, albeit preliminary, view of Camping World's operational and financial positioning. This establishes a baseline for future monitoring of dilution and liquidity trends.
Signals & dispatch
Composite-score breakdown
Synthesis
Camping World Holdings Inc operates in the recreational vehicle and camping equipment sector, generating revenue through retail sales and related services, though specific product lines are not detailed in the available data.
Camping World Holdings Inc (CWH.O) has seen its activity and economic sector taxonomies updated to "Unclassified," a change classified as medium severity. This shift in classification status represents the most material update to the company's profile, indicating a lack of specific categorization in these areas within the current dataset. Concurrently, the company's risk assessment framework has been populated with new fields. Dilution risk is now recorded as "unknown," while liquidity risk has been established at a "medium" level. Both of these risk indicators are classified as low severity, suggesting that while the metrics are now defined, they do not currently signal immediate high-level distress. These updates occur against a backdrop of limited external coverage metrics. The company currently reports zero officers, zero analysts, and zero index memberships in its profile. However, it maintains a base of 26 top holders, indicating a defined shareholder structure despite the absence of analyst or index tracking data. The significance of these changes lies in the formalization of the company's risk and classification profile. By moving from null values to specific states—whether "Unclassified" for taxonomy or "medium" for liquidity risk—the data provides a clearer, albeit preliminary, view of Camping World's operational and financial positioning. This establishes a baseline for future monitoring of dilution and liquidity trends.
- High leverage with a debt-to-equity ratio of 6.18 and negative net cash position.
- Negative profitability with ROE of -39.28% and ROA of -1.78%.
- Negative operating cash flow of -$131.99 million indicates liquidity pressure.
- Analyst sentiment is positive with a mean price target of $13.08, suggesting potential upside.
- Missing segment, geographic, and historical data limits comprehensive analysis.
- Unknown dilution risk due to missing share count data.
Bull / Bear case
Generated · model-assistedAnalysts project 129% upside to a mean price target of $13.08, signaling strong institutional confidence in future recovery.
Operating income grew 16.9% year-over-year to $169.8 million, demonstrating improved core operational profitability despite revenue declines.
Cash conversion of 1.47 exceeds the cohort median of 1.2, indicating superior efficiency in generating cash from earnings.
Revenue increased 4.4% year-over-year to $6.37 billion, showing top-line growth momentum in the latest fiscal period.
High leverage band with a debt-to-equity ratio of 6.44 and high credit risk flags significant financial distress potential.
Net margin of -1.41% falls in the bottom quartile of the cohort, showing inferior profitability compared to industry peers.
In focus — financials by report
Revenue $1.35B, −4,2% YoY; Operating income +6,0% YoY.
- ▍Revenue $1.35B, −4,2% YoY
- ▍Operating income +6,0% YoY
- ▍Net income −33,6% YoY
- ▍Free cash flow −15,3% YoY
- ▍Net margin -1.2%
Revenue $1.17B, −2,6% YoY; Operating income −207,5% YoY.
- ▍Revenue $1.17B, −2,6% YoY
- ▍Operating income −207,5% YoY
- ▍Net income −113,0% YoY
- ▍Free cash flow −101,8% YoY
- ▍Net margin -5.7%
Revenue $1.81B, +4,7% YoY; Operating income +21,4% YoY.
- ▍Revenue $1.81B, +4,7% YoY
- ▍Operating income +21,4% YoY
- ▍Net income −835,1% YoY
- ▍Free cash flow −1 480,0% YoY
- ▍Net margin -2.2%
Revenue $1.98B, +9,4% YoY; Operating income +34,0% YoY.
- ▍Revenue $1.98B, +9,4% YoY
- ▍Operating income +34,0% YoY
- ▍Net income +209,2% YoY
- ▍Free cash flow +209,6% YoY
- ▍Net margin 1.5%
Revenue $1.41B; Operating income $20.7M.
- ▍Revenue $1.41B
- ▍Operating income $20.7M
- ▍Net margin -0.9%
Revenue $1.20B; Operating income -$18.4M.
- ▍Revenue $1.20B
- ▍Operating income -$18.4M
- ▍Net margin -2.6%
Revenue $1.72B; Operating income $64.3M.
- ▍Revenue $1.72B
- ▍Operating income $64.3M
- ▍Net margin 0.3%
Revenue $1.81B; Operating income $95.3M.
- ▍Revenue $1.81B
- ▍Operating income $95.3M
- ▍Net margin 0.5%
Revenue $6.37B, +4,4% YoY; Operating income +16,9% YoY.
- ▍Revenue $6.37B, +4,4% YoY
- ▍Operating income +16,9% YoY
- ▍Net income −132,4% YoY
- ▍Free cash flow −50,9% YoY
- ▍Net margin -1.4%
Revenue $6.10B, −2,0% YoY; Operating income −45,2% YoY.
- ▍Revenue $6.10B, −2,0% YoY
- ▍Operating income −45,2% YoY
- ▍Net income −224,5% YoY
- ▍Free cash flow −40,2% YoY
- ▍Net margin -0.6%
Revenue $6.23B, −10,6% YoY; Operating income −53,3% YoY.
- ▍Revenue $6.23B, −10,6% YoY
- ▍Operating income −53,3% YoY
- ▍Net income −77,3% YoY
- ▍Free cash flow −147,5% YoY
- ▍Net margin 0.5%
Revenue $6.97B, +0,8% YoY; Operating income −28,8% YoY.
- ▍Revenue $6.97B, +0,8% YoY
- ▍Operating income −28,8% YoY
- ▍Net income −50,8% YoY
- ▍Free cash flow −67,1% YoY
- ▍Net margin 2.0%
Valuation TTM
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 0,65 |
| Revenue | —no estimate | —no estimate | 6,5B USD |
| Operating income | —no estimate | —no estimate | 262,7M USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Cash Conversion Ratiooperating_cash_flow / net_income
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Return On Equitynet_income / total_equity
- Return On Assetsnet_income / total_assets
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- CAMPING WORLD HOLDINGS, INC. Market data — financials · 2026-06-25
- ha_refusal_refire fired on CWH.O · 2026-06-25
- Camping World Holdings Inc Market data — analyst estimates · 2026-06-25
- Camping World Holdings Inc Market data — ESG · 2026-06-25
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,00 %$26M
- Investment Managers · as of 2026-03-310,00 %$7M
- Investment Managers · as of 2024-06-300,00 %$59M
- Investment Managers · as of 2026-03-310,00 %$8M
- Investment Managers · as of 2024-12-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$7M
- Investment Managers · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2025-12-310,00 %$59M
- Institutional Investor · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$10M
- Investment Managers · as of 2026-03-310,00 %$13M
- Investment Managers · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$7M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$1M
- Funds · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
Insider activity
- Director · Class A Common StockOther 20 325 · 2026-05-21
- Director, 10% owner · Class A Common StockOther 20 325 · 2026-05-21
- Director · Class A Common StockOther 20 325 · 2026-05-21
- Director · Class A Common StockOther 20 325 · 2026-05-21
- Director · Class A Common StockOther 20 325 · 2026-05-21
- Director · Class A Common StockOther 20 325 · 2026-05-21
- Director · Class A Common StockOther 20 325 · 2026-05-21
- Chief Financial Officer · Class A Common StockOther 20 000 · 2026-04-07
- See Remarks · Class A Common StockOther 25 000 · 2026-04-07
- Director, CEO and President · Class A Common StockOther 4 541 @ $11,48$52K · 2026-02-15
- Director, CEO and President · Class A Common StockOther 465 000 · 2026-01-01
- Director · Class A Common StockOther 59 518 · 2026-01-01
- Director, CHIEF EXECUTIVE OFFICER, 10% owner · Class A Common StockOther 242 943 @ $10,00$2,4M · 2025-12-15
- Director, CHIEF EXECUTIVE OFFICER, 10% owner · Class A Common StockOther 217 391 · 2025-12-12
- Chief Financial Officer · Class A Common StockOther 1 772 @ $10,81$19K · 2025-11-15
- See Remarks · Class A Common StockOther 1 772 @ $10,81$19K · 2025-11-15
- Director, CHIEF EXECUTIVE OFFICER, 10% owner · Class A Common StockOther 78 700 @ $10,81$851K · 2025-11-15
- President · Class A Common StockOther 4 429 @ $10,81$48K · 2025-11-15
- See Remarks · Class A Common StockOther 15 505 @ $17,26$268K · 2025-08-15
- Chief Financial Officer · Class A Common StockOther 13 733 @ $17,26$237K · 2025-08-15
- President · Class A Common StockOther 15 505 @ $17,26$268K · 2025-08-15
Short positioning
Geographic breakdown
Intel & risk
4 tracked-field change(s) detected vs prior analysis; max severity: medium.
- Dilution risk— → unknownlow
- Liquidity risk— → mediumlow
- Activity— → Unclassifiedmedium
- Economic sector— → Unclassifiedmedium
- Narrative— → —medium
- Business summary— → —medium
- Conclusion— → —medium
- Key takeaways— → —medium
Evidence & claims
From filings & derived data- Net income (annual): USD -105.64MUnknown
- Pre-tax income (annual): USD 120.16MUnknown
- Current liabilities (annual): USD 2.18BUnknown
- Current assets (annual): USD 2.62BUnknown
- Shareholders' equity (annual): USD 228.59MUnknown
- Total liabilities (annual): USD 4.67BUnknown
- Long-term debt (annual): USD 1.47BUnknown
- Total assets (annual): USD 5.04BUnknown
- Operating income (annual): USD 180.2MUnknown
- Total operating expenses (annual): USD 1.7BUnknown
- Operating cash flow (annual): USD -131.99MUnknown
- Cash & equivalents (annual): USD 215.04MUnknown
- Cost of revenue (annual): USD 4.49BUnknown
- Revenue (annual): USD 6.37BUnknown
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 21.3%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 4.4%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 6.7%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 3.7%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): -30.0%Derived (calculated)
- Net margin (FY 2025-12-31): -1.7%Derived (calculated)
- Return on equity (FY 2025-12-31): -46.2%Derived (calculated)
- Return on assets (FY 2025-12-31): -2.1%Derived (calculated)
- Current ratio (FY 2025-12-31): 1.20xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 20.44xDerived (calculated)