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CWH (Camping World Holdings) Gross Profit : $1,792 Mil (TTM As of Sep. 2024)


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What is Camping World Holdings Gross Profit?

Camping World Holdings's gross profit for the three months ended in Sep. 2024 was $499 Mil. Camping World Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $1,792 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Camping World Holdings's gross profit for the three months ended in Sep. 2024 was $499 Mil. Camping World Holdings's Revenue for the three months ended in Sep. 2024 was $1,725 Mil. Therefore, Camping World Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 28.90%.

Camping World Holdings had a gross margin of 28.90% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 11 years, the highest Gross Margin % of Camping World Holdings was 35.53%. The lowest was 26.32%. And the median was 28.72%.


Camping World Holdings Gross Profit Historical Data

The historical data trend for Camping World Holdings's Gross Profit 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 Gross Profit Chart

Camping World Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,287.40 1,702.48 2,456.33 2,262.28 1,878.65

Camping World Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit 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 523.09 343.44 402.40 547.66 498.52

Competitive Comparison of Camping World Holdings's Gross Profit

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

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

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



Camping World Holdings Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Camping World Holdings's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=6226.547 - 4347.898
=1,879

Camping World Holdings's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=1724.988 - 1226.464
=499

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,792 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Camping World Holdings's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=499 / 1724.988
=28.90 %

* 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.


Camping World Holdings  (NYSE:CWH) Gross Profit 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 28.90% for the quarter that ended in Sep. 2024 => Competition eroding margins


Camping World Holdings Gross Profit Related Terms

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Camping World Holdings Business Description

Traded in Other Exchanges
Address
2 Marriott Drive, Lincolnshire, IL, USA, 60069
Camping World Holdings Inc is retailer of RVs and related products and services. The Company has the two reportable segments: 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. 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
Abrams Capital Management, L.p. 10 percent owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116
Marcus Lemonis director, 10 percent owner, officer: Chief Executive Officer 200 EAST BROWARD SUITE 920, FT LAUDERDALE FL 33301
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
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, Llc 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
David C Abrams 10 percent owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116