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Camping World Holdings (Camping World Holdings) ROE % : -49.05% (As of Dec. 2023)


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What is Camping World Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Camping World Holdings's annualized net income for the quarter that ended in Dec. 2023 was $-67 Mil. Camping World Holdings's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $137 Mil. Therefore, Camping World Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was -49.05%.

The historical rank and industry rank for Camping World Holdings's ROE % or its related term are showing as below:

CWH' s ROE % Range Over the Past 10 Years
Min: -1015.26   Med: 294.38   Max: Negative Equity
Current: 22.48

During the past 11 years, Camping World Holdings's highest ROE % was Negative Equity%. The lowest was -1,015.26%. And the median was 294.38%.

CWH's ROE % is ranked better than
90.38% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 7.48 vs CWH: 22.48

Camping World Holdings ROE % Historical Data

The historical data trend for Camping World Holdings's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Camping World Holdings ROE % Chart

Camping World Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,015.26 Negative Equity 301.31 89.54 22.79

Camping World Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -74.74 9.06 85.38 44.63 -49.05

Competitive Comparison of Camping World Holdings's ROE %

For the Auto & Truck Dealerships subindustry, Camping World Holdings's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Camping World Holdings's ROE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Camping World Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Camping World Holdings's ROE % falls into.



Camping World Holdings ROE % Calculation

Camping World Holdings's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=31.044/( (147.83+124.584)/ 2 )
=31.044/136.207
=22.79 %

Camping World Holdings's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-67.156/( (149.252+124.584)/ 2 )
=-67.156/136.918
=-49.05 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Camping World Holdings  (NYSE:CWH) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-67.156/136.918
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-67.156 / 4437.332)*(4437.332 / 4751.4715)*(4751.4715 / 136.918)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1.51 %*0.9339*34.703
=ROA %*Equity Multiplier
=-1.41 %*34.703
=-49.05 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-67.156/136.918
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-67.156 / -274.6) * (-274.6 / -51.308) * (-51.308 / 4437.332) * (4437.332 / 4751.4715) * (4751.4715 / 136.918)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.2446 * 5.352 * -1.16 % * 0.9339 * 34.703
=-49.05 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Camping World Holdings ROE % Related Terms

Thank you for viewing the detailed overview of Camping World Holdings's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Camping World Holdings (Camping World Holdings) Business Description

Traded in Other Exchanges
Address
250 Parkway Drive, Suite 270, Lincolnshire, IL, USA, 60069
Camping World Holdings Inc is retailer of RVs and related products and services. The Company has the two reportable segments 1) Good Sam Services and Plans segment includes sale of emergency roadside assistance plans; commissions on property and casualty insurance programs; travel assist programs; extended vehicle service contracts; vehicle financing and refinancing assistance; consumer shows and events; and consumer publications and directories. 2) RV and Outdoor Retail segment includes the sale of new and used RVs; commissions on the finance and insurance contracts related to the sale of RVs; the sale of RV service and collision work; the sale of RV parts, accessories, sale of outdoor products, equipment, gear and supplies; business to business distribution of RV furniture, etc.
Executives
Thomas E Kirn officer: Chief Accounting Officer C/O CAMPING WORLD, INC., 250 PARKWAY DRIVE, SUITE 270, LINCOLNSHIRE IL 60048
Lindsey Christen officer: See Remarks C/O CAMPING WORLD, INC., 250 PARKWAY DRIVE, SUITE 270, LINCOLNSHIRE IL 60048
Kent Dillon Schickli director
Marcus Lemonis director, 10 percent owner, officer: Chief Executive Officer 200 EAST BROWARD SUITE 920, FT LAUDERDALE FL 33301
Karin L Bell officer: Chief Financial Officer C/O CAMPING WORLD HOLDINGS, INC., 250 PARKWAY DRIVE, SUITE 270, LINCOLNSHIRE IL 60048
Matthew D Wagner officer: EXECUTIVE VICE PRESIDENT C/O CAMPING WORLD HOLDINGS, INC., 250 PARKWAY DRIVE, SUITE 270, LINCOLNSHIRE IL 60069
Crestview Partners Ii Gp, L.p. director, 10 percent owner 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Tamara Ward officer: CHIEF OPERATING OFFICER C/O CAMPING WORLD HOLDINGS, INC., 250 PARKWAY DRIVE, SUITE 270, LINCOLNSHIRE IL 60069
Mary J George director C/O LATHAM & WATKINS LLP, 650 TOWN CENTER DRIVE, 20TH FL, COSTA MESA CA 92626
Michael W Malone director
Stephen Adams director
Abrams Capital Management, L.p. 10 percent owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116
Abrams Capital, Llc 10 percent owner 222 BERKELEY ST., 21ST FLOOR, BOSTON MA 02116
Abrams Capital Management, Llc 10 percent owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116
David C Abrams 10 percent owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116