# CAMPING WORLD HOLDINGS, INC. (CWH) · Edgar & Edgarette company card

> Camping World Holdings (CWH) grew revenue 4.4% in FY2025 to $6.4 billion, operating margin 2.8% against a 4.2% median for auto dealers & gasoline stations, equity 4.5% of assets, and dividend per share up 1 year running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1669779 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/CWH) · [JSON](https://www.pops4.com/boards/company/CWH.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $6.4B |
| Revenue growth, 1 year | 4.4% |
| Revenue growth per year | -2.0% |
| Operating margin | 2.8% (prior year 2.4%) |
| Net margin | -1.7% |
| Operating cash flow | −$132M |
| Capital spending | — |
| Free cash flow | — |
| Cash | $215M |
| Long-term debt | $1.5B |
| Total assets | $5.0B |
| Total equity | $229M |
| Equity ÷ assets | 4.5% |
| Return on equity | -46.2% |
| Dividend per share | $0.74 |
| Dividend years rising | 1 |

## Readings, computed from those figures

- Altman Z: 0.86 (distress zone)
- Piotroski F: 2 of 9 (weak)
- Health Harbor boat: Sound ship · one warning sign · operating cash flow was negative
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $6.4B (FY2025), total debt $1.5B. Experience: revenue up 4.4% on the year, down 2.0% a year over 4 years; operating margin 2.8%, up from 2.4%. Soundness: equity 4.5% of assets, return on equity -46.2%, dividend per share up 1 year running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $5.6B and $7.0B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $5.2B to $7.6B. A statistical range, not company guidance. Against peers (11 filers, $50M+ revenue, retail-auto dealers & gasoline stations): operating margin 2.8% against a 4.2% median; growth 4.4% against 4.6%.

Range logged 2026-10-31, receipt cfbb35adc437f4ce, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-04-10 ([filing](https://www.sec.gov/Archives/edgar/data/1669779/000110465926041752/0001104659-26-041752-index.htm))

## Recent filings

- 8-K · filed 2026-11-02 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1669779/000110465926121332/0001104659-26-121332-index.htm)
- 8-K · filed 2026-10-05 · 7.01 Regulation FD Disclosure · [filing](https://www.sec.gov/Archives/edgar/data/1669779/000110465926113490/0001104659-26-113490-index.htm)
- 8-K · filed 2026-08-31 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1669779/000110465926103869/0001104659-26-103869-index.htm)
- 10-Q · filed 2026-07-31 · [filing](https://www.sec.gov/Archives/edgar/data/1669779/000110465926088835/0001104659-26-088835-index.htm)
- 8-K · filed 2026-07-29 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1669779/000110465926088141/0001104659-26-088141-index.htm)
- 8-K · filed 2026-05-26 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1669779/000110465926066002/0001104659-26-066002-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001669779.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1669779

## Cite

POPS4, Edgar & Edgarette: CAMPING WORLD HOLDINGS, INC. (CWH) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/CWH. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.