Camping World Holdings (FRA:C83) Gross Margin %: 29.78% (As of Mar. 2026) — Near Median


FRA:C83 Camping World Holdings Inc FRA:C83
62 GF Score
Price €6.30
GF Value €16.38
Valuation Possible Value Trap
! 9 Warning Signs
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What is Camping World Holdings Gross Margin %?

Camping World Holdings FRA:C83 -2.20% 62 Gross Margin % is 29.78% as of Mar. 2026, which is 0% above its 10-year median of 29.70. GuruFocus rates FRA:C83 with a GF Score™ of 62/100 and a GF Value™ of €16.38 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Camping World Holdings ranks better than 72.01% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Camping World Holdings's Gross Profit for the three months ended in Mar. 2026 was €349 Mil. Camping World Holdings's Revenue for the three months ended in Mar. 2026 was €1,172 Mil. Therefore, Camping World Holdings's Gross Margin % for the quarter that ended in Mar. 2026 was 29.78%.

Warning Sign:

Camping World Holdings Inc gross margin has been in long-term decline. The average rate of decline per year is -2.5%.


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

FRA:C83' s Gross Margin % Range Over the Past 10 Years
Min: 26.32   Med: 29.7   Max: 35.53
Current: 29.33


During the past 13 years, the highest Gross Margin % of Camping World Holdings was 35.53%. The lowest was 26.32%. And the median was 29.70%.

FRA:C83's Gross Margin % is ranked better than
72.01% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 19.84 vs FRA:C83: 29.33

Camping World Holdings had a gross margin of 29.78% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Camping World Holdings was -2.50% per year.


Camping World Holdings  (FRA:C83) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Camping World Holdings had a gross margin of 29.78% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Camping World Holdings Gross Margin % Related Terms


Camping World Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Camping World Holdings's Gross Margin % 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.

Camping World Holdings Gross Margin % Chart

Camping World Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.53 32.47 30.17 29.93 29.47

Camping World Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 30.39 29.97 28.63 28.82 29.78

FRA:C83 vs UXIN, RDNW, SDA: Gross Margin % Comparison

For the Auto & Truck Dealerships subindustry, Camping World Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Vehicles & Parts Industry

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

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


FRA:C83
62GF Score
Camping World Holdings Inc FRA:C83
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Camping World Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Camping World Holdings's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=1603.1 / 5439.253
=(Revenue - Cost of Goods Sold) / Revenue
=(5439.253 - 3836.165) / 5439.253
=29.47 %

Camping World Holdings's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=348.9 / 1171.733
=(Revenue - Cost of Goods Sold) / Revenue
=(1171.733 - 822.845) / 1171.733
=29.78 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 29.78% mean?
Camping World Holdings (FRA:C83) has a Gross Margin % of 29.78% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Camping World Holdings and its competitors. This is near median its historical median of 29.70. Over the past decade, Camping World Holdings' Gross Margin % has ranged from 26.32 to 35.53. According to the industry distribution chart, Camping World Holdings ranks #367 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 28%.
Is Camping World Holdings' Gross Margin % too high?
Camping World Holdings' current Gross Margin % of 29.78% is near median its 10-year median of 29.70. Over the past 10 years, this metric has ranged from a low of 26.32 to a high of 35.53. The Vehicles & Parts industry median Gross Margin % is 19.84. Camping World Holdings' value of 29.78% is 50.1% above this industry median. Based on the distribution chart, Camping World Holdings ranks #367 out of 1311 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Camping World Holdings has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Camping World Holdings' Gross Margin % compare to UXIN and RDNW?
According to the Vehicles & Parts industry distribution chart, Camping World Holdings ranks #367 out of 1311 companies for Gross Margin %. This puts Camping World Holdings in the upper half of its industry. The industry median Gross Margin % is 19.84. Camping World Holdings' value of 29.78% is 50.1% above this benchmark. Historically, Camping World Holdings' own Gross Margin % has ranged from 26.32 to 35.53 over the past decade. While the company's 10-year median is 29.70 vs. the industry median of 19.84, Camping World Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,311 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Camping World Holdings's current Gross Margin % of 29.78% is 50.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Camping World Holdings and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Camping World Holdings's current Gross Margin % is 29.78%, which is near median its own 10-year median of 29.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Camping World Holdings stock overvalued right now?
Based on GuruFocus' analysis, Camping World Holdings (FRA:C83) is currently considered Possible Value Trap. The stock's GF Value™ is €16.38, compared to a current price of €6.30 — trading 61.5% below its estimated fair value. The current Gross Margin % is 29.78%, which is near median its 10-year median of 29.70 and 50.1% above the Vehicles & Parts industry median of 19.84. Camping World Holdings' overall GF Score™ is 62/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Camping World Holdings (FRA:C83), the current Gross Margin % is 29.78% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Camping World Holdings (FRA:C83) Overvalued in 2026?

Based on GuruFocus' analysis, Camping World Holdings stock appears to be undervalued. The current stock price of €6.30 is trading 61.5% below its estimated GF Value™ of €16.38. GuruFocus considers Camping World Holdings to be Possible Value Trap.

Key valuation signals for FRA:C83:

  • Gross Margin %: 29.78% (near median its 10-year median of 29.70)
  • GF Value™: €16.38 vs. price of €6.30 (61.5% below fair value)
  • GF Score™: 62/100 with 9 warning signs
  • Industry Position: 50.1% above the Vehicles & Parts median (#367 of 1311)

No single metric tells the full story. See the FRA:C83 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Camping World Holdings Business Description

Other Exchanges CWH:USA0HSU:UK
Address 2 Marriott Drive, Lincolnshire, IL, USA, 60069
Camping World Holdings Inc is a retailer of RVs and related products and services. The company offers RV products and services with a national network of RV dealerships, service centers and customer support centers. It operates in two reportable segments: Good Sam Services and Plans; and RV and Outdoor Retail. The majority of the revenue is derived from RV and Outdoor Retail segment that derives revenue from 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, and supplies; the sale of outdoor products, equipment, gear and supplies; and the sale of Good Sam Club memberships and co-branded credit cards.
62GF Score

Get the complete analysis for FRA:C83

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€6.30
Price
€16.38
GF Value