Camping World Holdings, Inc.
CWHNYSEConsumer Discretionary · Retail-Auto Dealers & Gasoline Stations · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $6.37B | $6.10B | $6.23B | $6.97B | $6.91B | $5.45B |
| Operating income | $180.2M | $148.6M | $267.1M | $568.5M | $799.5M | $476.2M |
| Net income | −$89.8M | −$38.6M | $33.4M | $123.7M | $278.5M | $122.3M |
| Total assets | $5.04B | $4.86B | $4.89B | $4.80B | $4.37B | $3.26B |
| Total liabilities | $4.67B | $4.38B | $4.63B | $4.55B | $4.14B | $3.27B |
| Equity | $228.6M | $326.6M | $168.4M | $147.8M | $158.1M | $26.8M |
| EPS (diluted) | — | — | — | — | — | $3.09 |
| Shares out. | — | — | — | — | — | 40.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 2.8%
- Net margin
- −1.4%
- Return on equity
- −39.3%
- Return on assets
- −1.8%
- Return on capital (ROCE)
- 6.3%
- Liabilities / assets
- 92.6%
- Debt / equity
- 20.44×
- Book value / share
- —
- Revenue growth (YoY)
- 4.4%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 0.86distress
- Accruals / assets
- 0.8%clean
- Piotroski F-Score
- 2/8weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 3 warning● 3 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Operating margin is positive
- Revenue is growing year-over-year
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Feb 28, 2019
- NT 10-Kmissed a reporting deadline ↗Mar 1, 2018
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Nantahala Capital Management, LlcPassive (13G)May 15, 2026
- Capital Research Global InvestorsPassive (13G)May 14, 2026
- Citadel Advisors LlcPassive (13G)May 1, 2026
- Vanguard Portfolio Management LlcPassive (13G)Apr 29, 2026
- Vanguard Group IncPassive (13G)Mar 26, 2026
- Hood River Capital Management LlcPassive (13G)Feb 17, 2026
- Eminence Capital, LpPassive (13G)Feb 17, 2026
- Cwgs Holding, LlcPassive (13G)Feb 13, 2026
- Balyasny Asset Management L.P.Passive (13G)Nov 14, 2025
- Interval Partners, LpPassive (13G)Oct 16, 2025
- Fmr LlcPassive (13G)Aug 6, 2025
- Millennium Management LlcPassive (13G)Jul 28, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 12.0M | 4.5 | -3.7% |
| Apr 30, 2026 | 12.5M | 2.7 | -14.4% |
| Apr 15, 2026 | 14.5M | 5.8 | -1.6% |
| Mar 31, 2026 | 14.8M | 4.6 | +30.6% |
| Mar 13, 2026 | 11.3M | 2.7 | +6.7% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Shareholder voteMay 26, 2026
- Results of operationsApr 29, 2026
- Director / officer changeApr 10, 2026
- Results of operationsFeb 24, 2026
- Regulation FD disclosureJan 13, 2026
- Director / officer changeDec 8, 2025
- Results of operationsOct 28, 2025
- Results of operations · Regulation FD disclosureJul 29, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 4/AOWNERSHIP DOCUMENTMay 28, 2026
- 4OWNERSHIP DOCUMENTMay 26, 2026
- 4OWNERSHIP DOCUMENTMay 26, 2026
- 4OWNERSHIP DOCUMENTMay 26, 2026
- 4OWNERSHIP DOCUMENTMay 26, 2026
- 4OWNERSHIP DOCUMENTMay 26, 2026
- 4OWNERSHIP DOCUMENTMay 26, 2026
- 4OWNERSHIP DOCUMENTMay 26, 2026
- 8-KMay 26, 2026
- SCHEDULE 13GMay 15, 2026
- SCHEDULE 13G/AMay 14, 2026
- SCHEDULE 13GMay 1, 2026
- 10-QApr 30, 2026
- 8-KApr 29, 2026
- SCHEDULE 13GApr 29, 2026